Daily Newspaper article’s summary 2018-10-25

Daily Newspaper article’s summary 2018-10-25

Summary of Newspaper artciles from ‘The Hindu’, ‘Economic Times’ and PIB
ARISE IAS: Demystifying UPSC IAS exams

==================================================
Midnight rumble: on CBI feud:
1.The abrupt replacement of Alok Verma as Director of the Central Bureau of Investigation, albeit as an interim measure, is the culmination of a series of murky events that must deeply embarrass the Centre.
2.Section 4B of the Delhi Special Police Establishment Act assures the Director of a two-year tenure and makes it clear that he cannot be transferred except by the high-power committee — comprising the Prime Minister, the Leader of the Opposition and the Chief Justice of India — that appointed him.
3.And it revolves around how to repair the image of a CBI riven by a nasty feud, how to protect its independence, and how to address the mess contributed by a government that should have acted much earlier to resolve the controversy rather than let it attain the ugly dimensions it did.
www.thehindu.com/opinion/lead/midnight-rumble/article25313958.ece

==================================================
The long march: on migrants march to USA:
1.Already, President Donald Trump, who has not been shy about translating his conservative views on immigration into harsh policy measures, has fuelled fears that the caravan may harbour terrorists from West Asia; he has also attacked Mexico for not stopping the “onslaught”.
2.In truth, most members of this caravan, not by any means the first of its kind but certainly one of the largest in recent history, are either economic migrants seeking escape from grinding poverty in places like Honduras or fleeing persecution, trafficking or gang violence in the region.
3.Liberal-progressive Americans who hope that these asylum-seekers will not be rudely rebuffed at that point will have to regroup and focus their energies on the November campaign and use any newfound power they win in Congress to chip away at the immigration agenda of the Trump machine.
www.thehindu.com/opinion/editorial/the-long-march/article25313960.ece

==================================================
What is momentum investing in finance?:
1.This refers to an investment strategy which advocates picking stocks, bonds, or any other financial security based on their past price performance.
2.A fund manager employing the momentum investing strategy, for instance, would prefer to buy stocks whose prices have risen significantly in the recent past.
3.He might also prefer to short stocks that have witnessed a steady fall over the recent weeks or months.
www.thehindu.com/opinion/op-ed/what-is-momentum-investing-in-finance/article25312943.ece

==================================================
Liquidity squeeze hurts NBFCs:
1.The Union government subsequently decided to step in and assure lenders to the company that their money would be paid back safely without any default.
2.This leads to a mismatch in the duration of their assets and liabilities and exposes NBFCs to the substantial risk of being unable to pay back their lenders on time.
3.In fact, some believe that financial institutions in general have traditionally resorted to borrowing short-term to finance long-term loans simply because there is an implicit guarantee extended by the government.
www.thehindu.com/opinion/op-ed/liquidity-squeeze-hurts-nbfcs/article25312952.ece

==================================================
Did Jinnah want Pakistan?:
1.They were more interested in forming coalitions with their Hindu and Sikh colleagues than creating a separate state that would divide their provinces and subject them to Jinnah’s diktats.
2.The subsequent decision by Nehru and Sardar Patel that Partition was the lesser evil when compared to a weak Centre put paid to Jinnah’s ambition of dealing with the Congress leadership based on parity in a loosely federated India.
3.Mahatma Gandhi suggested on the eve of Partition that Jinnah be made Prime Minister of a united India with the power to choose his Cabinet.
www.thehindu.com/opinion/op-ed/did-jinnah-want-pakistan/article25312966.ece

==================================================
Separating art from the artist:
1.There are several questionable aspects of their relationship — not least the sexual and romantic tangles of a 53-year-old man with an 18-year-old girl, who lived in his home that he shared with his children not much younger than his girlfriend.
2.In the New York Times , Maureen Dowd called her “a leech”, and lumped her with Monica Lewisnky, yet another young woman who was beguiled by a powerful, older man.
3.In interviews and book reviews, Ms. Maynard was projected as someone who was “exploiting” poor Salinger: all he ever wanted was to run away from the world and here he was being dragged into a sordid tale.
www.thehindu.com/opinion/op-ed/separating-art-from-the-artist/article25312909.ece

==================================================
A city terrorised out of character:
1.The cumulative effect of these art works and events was to brand Mumbai as an unpredictable and dangerously exciting metropolis, where you could drown, be blasted, or shot, but always against some cool, sexy, urban backdrop.
2.So while Mumbaikars were basking in the sexy noir reputation of their city, a bunch of people hundreds of miles away were hatching a plan that would add a serious and unexpected twist to what had been light-hearted play until then.
3.Mumbai’s heretofore faceless perpetrators had allowed the city to quickly regain its trust in the goodness of humanity; bomb blasts and late-night shootouts in anonymous ghetto alleys had been like mysterious, unpredictable natural events.
www.thehindu.com/opinion/op-ed/a-city-terrorised-out-of-character/article25313073.ece

==================================================
The prince and the kingdom:
1.In MBS’s dictatorial world, it’s unimaginable that a rogue intelligence officer would despatch a hit squad to Turkey — a country with which Saudi Arabia has a tense relationship — in order to confront a 59-year-old Washington Post journalist known to be critical of the Crown Prince.
2.Initially, it said Qatar was supporting terrorism in the region and made a host of demands for the blockade to be lifted, including shutting down the Al Jazeera television station and severing ties with Iran.
3.At a time when Sunni Gulf monarchies are supposed to stand in unity against Iran, Saudi Arabia’s hostility towards Qatar has only created new rifts within West Asia.
www.thehindu.com/opinion/op-ed/the-prince-and-the-kingdom/article25313977.ece

==================================================
Midnight rumble: on CBI feud:
1.The abrupt replacement of Alok Verma as Director of the Central Bureau of Investigation, albeit as an interim measure, is the culmination of a series of murky events that must deeply embarrass the Centre.
2.Section 4B of the Delhi Special Police Establishment Act assures the Director of a two-year tenure and makes it clear that he cannot be transferred except by the high-power committee — comprising the Prime Minister, the Leader of the Opposition and the Chief Justice of India — that appointed him.
3.And it revolves around how to repair the image of a CBI riven by a nasty feud, how to protect its independence, and how to address the mess contributed by a government that should have acted much earlier to resolve the controversy rather than let it attain the ugly dimensions it did.
www.thehindu.com/opinion/lead/midnight-rumble/article25313958.ece

==================================================
An ‘anti-national’ regulation:
1.Thus universities need to follow codes maintaining respect for the autonomy of its members, ensuring fairness in the evaluation of performance of students and teachers, efficiency in the conduct of everyday business, and accountability in the wielding of power by the administrative authority.
2.As a sign of its having acted on principle and not on pique, it may be noted that the only other instance of a similar recommendation being turned down was the one of Zulfikar Ali Bhutto, who was denied the honour for his role in the massacre that accompanied the formation of Bangladesh.
3.I find the authors’ approach to the economy incomplete, and have argued in a national conference at the Central Sikkim University earlier this month that the subsequent quarter century in India does not validate their thesis, despite its salience in certain spaces.
www.thehindu.com/opinion/lead/an-anti-national-regulation/article25313962.ece

==================================================
Elevated corridor to fetch Rs 35,000 crore toll revenue in 20 years:
1.The state government has proposed the corridor over six high-density roads as a “practical option to decongest traffic in the city.” The 405-page detailed project report, prepared by consultants last year at a cost of ₹10 crore, and hidden for so long from public scrutiny, however, surfaced on Monday.
2.The report, commissioned by the Karnataka Road Development Corporation has come up before the State Level Environment Impact Assessment Authority for its scrutiny.
3.The report also mentions that the users of the elevated roads would benefit from faster commute and saving in fuel and vehicle operating costs.
economictimes.indiatimes.com/news/economy/infrastructure/elevated-corridor-to-fetch-rs-35000-crore-toll-revenue-in-20-years/articleshow/66363042.cms

==================================================
Five more non-Basmati rice mills cleared for exports to China:
1.“India is keen to export agri products like rice and sugar to China in order to bridge widening trade deficit,” the commerce and industry ministry said in a release.
2.The two sides had in June agreed on phytosanitary requirements for exporting rice from India to China.
3.The 2006 protocol on phytosanitary requirements was amended to include the export of non-basmati varieties of rice from India.
economictimes.indiatimes.com/news/economy/foreign-trade/five-more-non-basmati-rice-mills-cleared-for-exports-to-china/articleshow/66362509.cms

==================================================
Country cannot progress without research in social science and technology – Shri Prakash Javadekar:
1.The Union Minister for Human Resource Development Shri Prakash Javadekar launched the web portal of the Scheme “ Impactful Policy Research in Social Sciences (IMPRESS)” in New Delhi today.
2.a) To identify and fund research proposals in social sciences with maximum impact on the governance and society.
3.b) To focus research on (11) broad thematic areas such as : State and Democracy, Urban transformation, Media, Culture and Society, Employment, Skills and Rural transformation, Governance, Innovation and Public Policy, Growth, Macro-trade and Economic Policy, Agriculture and Rural Development, Health and Environment, Science and Education, Social Media and Technology, Politics, Law and Economics.
pib.nic.in/newsite/PrintRelease.aspx?relid=184376

==================================================
Smt. Maneka Sanjay Gandhi to inaugurate Women of India National Organic Festival in New Delhi, tomorrow:
1.Maneka Sanjay Gandhi to inaugurate Women of India National Organic Festival in New Delhi, tomorrow Smt.
2.Over 500 women entrepreneurs from Leh to Kanyakumari and from Kohima to Kutch, will come together with their organic products including 1,200 varieties of rice, several varieties of millets, cereals, pulses, spices, chilli chocolates, pumpkin seeds, cookies, pickles, jams, marmalades, chutneys, juices, dry fruits, organic ice creams, ready-to-eat meals and snacks, oils, honey, tea, coffee, mushrooms, herbs, cosmetics, hair care, bath care, skin care, aromatherapy products, solar products, kitchen composters, organic seeds, organic cotton fabrics, linen fabrics, seeds jewelry, fruit wines, handmade papers from cow, rhino and elephant dung, cow dung air purifiers, water hyacinth crafts and other bio products.
3.To make the organic movement more accessible to public, the Ministry has changed the venue for the 2018 edition to IGNCA and has kept Entry and Parking Free for All.
pib.nic.in/newsite/PrintRelease.aspx?relid=184375

Checkout www.ariseias.com for e-books, Mains Topics, Old question papers and lots more

Scroll Up