Finology Blog - Latest Updates & News on Finance and Legal in India

Legal

Women Reservation Act: Key Highlights of Nari Shakti Vandan Adhiniyam

Even before India's independence, discussions about increasing women's participation in politics were taking place. In the 1970s, this issue gained momentum. The idea of women's reservation has been all about ensuring that women have a fair chance to be a part of important decision-making processes. This means setting aside specific seats in places like Parliament and state legislatures exclusively for women.

Legal

Parliament Session Updates 2023: What is a Special Session of Parliament?

A 5-day special session of Parliament kicked off on September 18, 2023, captured the nation's attention as Prime Minister Modi initiated a unique discussion in the Lok Sabha on the "Parliamentary journey of 75 years starting from Samvidhan Sabha - Achievements, Experiences, Memories and Learnings".

Recent Updates

Democracy Index: Best & Worst Democracies in the World

'Democracy' is made from two words, 'demos' and 'kratos', which mean 'citizen' and 'power', respectively and one of the tools measuring it is known as the 'Democracy Index'.

Legal

Evolution of Political Parties Symbols in India

Election symbols are like a party's unique signature in an election. When voters go to the polling booth, they don't see the candidate's face or name; instead, they see this symbol.

Legal

CLAT UG 2024: 60 Days Preparation Strategy

Are you prepared or preparing for CLAT UG 2024? Well! Whatever the scenario, we are always there to help. The Common Law Admission Test (CLAT) is an important step for those aspiring to pursue a career in law. But don't worry, with the right approach and 60 days of dedicated preparation, you can boost your chances of success.

Legal

Is India changing to Bharat? Exploring the Debate Over India's Official Name

In the world of nationhood, the names that countries adopt carry immense significance, and this is where India, also called "BHARAT", comes into the picture. The choice between 'India' and 'Bharat' as the official name for the newly independent nation in the 1940s stirred a passionate debate, and the echoes of that debate continue to resonate even today.

Legal

One Nation One Election: Centre forms Panel under Ex Prez

India conducts elections at various levels of government, including national, state, and local elections. It is a massive undertaking, with 28 states, and the cost of holding these elections can be staggering. Estimates range from around Rs 4,150 crore every five years for all states combined to about Rs 5,500 crore at an aggregate level. This puts a significant burden on the economy of our country.

Recent Updates

G20 Summit 2023: Dates, Schedule & Priorities

Great News for India! This year, our country is hosting the vital international event G20 Summit for the first time in September 2023 in New Delhi. PM Modi welcomed all the world leaders. The G20 Summit is held annually with a rotating presidency; in 2023, India has the Presidency.

Legal

10 times World was shocked by Sexual Harassment in Sports Industry

As per the recent NCRB report of 2021, the crime rate against women has shown an increase from 56.5 per cent in 2020 to 64.5 per cent in 2021. Unfortunately, sexual crimes against women are also a significant concern in the sports sector. While sports have always been considered a source of inspiration, competition, and teamwork, they are not immune to the darker side of human behavior.

Constitutional Developments

Dr. Radhakrishnan Biography: Why Teacher's Day is celebrated on 5th September?

Teacher's Day is one of the most cherished memories for all of us, where we got to plan a special day for our teachers, filled with rehearsals & school decorations. However, we often overlook the man behind the celebration - Dr. Sarvepalli Radhakrishnan, born on September 5, 1888. This remarkable philosopher, scholar, and India's second President dedicated his life to education and philosophy.

Legal

The Telgi Scam 2003: Who is Abdul Karim Telgi?

Telgi is a name synonym with Scam and Notoriety. He was known as the “Kingpin of Stamp Paper Scam”. Abdul Karim Telgi was the mastermind behind the Stamp Paper Scam, which still remains a haunting chapter in India's financial history. But how did a fruit vendor manage to pull off one of India's most audacious financial scams?

Legal

Understanding the Government of National Capital Territory of Delhi (Amendment) Act, 2023

Perhaps one of the most debated and controversial bill (now Act) of Indian politics and governance, the Government of National Capital Territory of Delhi (Amendment) Act, 2023 has emerged as a significant topic of discussion. The Bill, was introduced recently in the Lok Sabha, and it seeks to bring about changes that touch upon the governance structure and decision-making processes in the National Capital Territory of Delhi .

Legal

The Anusandhan National Research Foundation Act 2023: Explained

As we always say “Research is a key to success”, so in a significant move towards boosting research and development and encouraging private sector participation in research activities, the Indian government has enacted one of the most important bills of this year; the Anusandhan National Research Foundation Act, 2023.

Recent Updates

Aditya L1: India's First Solar Mission Begins

After Chandrayaan 3’s success, India embarked on another exciting new mission. ISRO Chief S Somanath announced that Aditya-L1 mission (named after the Sun’s core) is ready to become the first- ever space-based solar observatory spacecraft to study the Sun which has been launched on 2nd September, 2023.

Recent Updates

Top 10 Current Affairs August 2023

The month of August has truly been eventful from the successful landing of Chandrayaan 3 to the conclusion of BRICS Summit. The month also embraces the celebration of India’s 76th Independence Day, Rakshabandhan, Hiroshima Day, Nagasaki Day, International Youth Day, Malaysia National Day etc.

Recent Updates

Major Achievements of India in Sports: National Sports Day 2023

Hey Sports Enthusiasts, we wish you all a very Happy National Sports Day. 29 August 2023, marks a day of nationwide triumph as India comes together to celebrate National Sports Day. But do you know on which legendary player’s birth anniversary it is celebrated?

Legal

Analysis of the Digital Personal Data Protection Act, 2023

The Digital Personal Data Protection Act, 2023 marks a significant step in India's efforts to establish comprehensive regulations for data protection. The Act addresses the complexities arising from the processing of digital personal data, both within India and across borders. It also provides for processing of Personal data only for a lawful purpose upon consent of an individual.

Legal

Goa Civil Code: Is it a draft of Uniform Civil Code?

With UCC being a hot topic of discussion for a long time now, here's a question for those who think the Goa civil code is ready- draft for uniform civil code throughout India, Have you read the entire code? The 156-year-old, 647-page code rises above every religion which governs everything starting from gender equality in marriage to inheritance. This Goan Code is being praised as a model. But how uniform is this Goa’s Uniform Civil Code?

Women Reservation Act: Key Highlights of Nari Shakti Vandan Adhiniyam

Parliament Session Updates 2023: What is a Special Session of Parliament?

Democracy Index: Best & Worst Democracies in the World

Evolution of Political Parties Symbols in India

CLAT UG 2024: 60 Days Preparation Strategy

Is India changing to Bharat? Exploring the Debate Over India's Official Name

One Nation One Election: Centre forms Panel under Ex Prez

G20 Summit 2023: Dates, Schedule & Priorities

10 times World was shocked by Sexual Harassment in Sports Industry

Dr. Radhakrishnan Biography: Why Teacher's Day is celebrated on 5th September?

The Telgi Scam 2003: Who is Abdul Karim Telgi?

Understanding the Government of National Capital Territory of Delhi (Amendment) Act, 2023

The Anusandhan National Research Foundation Act 2023: Explained

Aditya L1: India's First Solar Mission Begins

Top 10 Current Affairs August 2023

Major Achievements of India in Sports: National Sports Day 2023

Analysis of the Digital Personal Data Protection Act, 2023

Goa Civil Code: Is it a draft of Uniform Civil Code?

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