The Indian Computer Emergency Response Team (CERT-In) is an office within the Ministry of Electronics and Information Technology. It is the nodal agency to deal with cyber security threats like hacking and phishing. It strengthens security-related defence of the Indian Internet domain. CERT-In has been designated under Section 70B of Information Technology (Amendment) Act 2008 to serve as the … Continue reading Indian Computer Emergency Response Team

The marginal cost of funds based lending rate (MCLR) refers to the minimum interest rate of a bank below which it cannot lend, except in some cases allowed by the RBI. It is an internal benchmark or reference rate for the bank. The MCLR methodology for fixing interest rates for advances was introduced by the … Continue reading Marginal cost of funds based lending rate (MCLR)

Basis point (BPS) refers to a common unit of measure for interest rates and other percentages in finance. One basis point is equal to 1/100th of 1%, or 0.01%, or 0.0001, and is used to denote the percentage change in a financial instrument. The relationship between percentage changes and basis points can be summarized as … Continue reading Basis point (BPS)

LIBOR or ICE LIBOR (previously BBA LIBOR) is a benchmark rate, which some of the world’s leading banks charge each other for short-term loans. It stands for Intercontinental Exchange London Interbank Offered Rate and serves as the first step to calculating interest rates on various loans throughout the world. LIBOR is administered by the ICE Benchmark Administration (IBA), and … Continue reading What is ‘LIBOR’

The International Union for Conservation of Nature (IUCN) is a membership Union uniquely composed of both government and civil society organisations. IUCN, headquartered in Switzerland, was established on 5 October 1948. As the first global environmental union, it brought together governments and civil society organisations with a shared goal to protect nature. Its aim was to encourage international … Continue reading International Union for Conservation of Nature

Global Centre for Nuclear Energy Partnership (GCNEP) is world's first nuclear energy partnership centre at Bahadurgarh, Haryana India. This center will facilitate deliberation and discussions of international experts on various issues including innovation in nuclear reactors and the nuclear fuel cycle, development of proliferation-resistant reactors, security technologies and the effects of radiation exposure. GCNEP is the sixth R&D unit … Continue reading Global Centre for Nuclear Energy Partnership

The National Biodiversity Authority (NBA) is a statutory autonomous body under the Ministry of Environment and Forests, Government of India established in 2003 to implement the provisions under the Biological Diversity Act, 2002, after India signed the Convention on Biological Diversity (CBD) in 1992. The NBA performs facilitative, regulatory and advisory functions for the Government of India on issues of conservation, sustainable … Continue reading National Biodiversity Authority

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved the proposal for establishment of National Financial Reporting Authority (NFRA) and creation of one post of Chairperson, three posts of full-time Members and one post of Secretary for NFRA. The decision aims at establishment of NFRA as an independent regulator for the … Continue reading National Financial Reporting Authority

The World Justice Project (WJP) is an independent, multidisciplinary organization working to advance the rule of law worldwide. WJP was founded by William H. Neukom in 2006 as a presidential initiative of the American Bar Association. Its offices are located in Washington, DC, and Seattle, WA, USA. The WJP Rule of Law Index measures rule … Continue reading World Justice Project Index

The Quadrilateral Security Dialogue (QSD) is an informal strategic dialogue between the United States, Japan, Australia and India that is maintained by talks between member countries. The dialogue was initiated in 2007 by Prime Minister Shinzo Abe of Japan. The quadrilateral grouping had first met in 2007, it was unable to sustain momentum as China expressed concerns about what it saw as an attempt at containment by … Continue reading Quadrilateral Security Dialogue or ‘Quad’