Recently, the Department of Telecommunications (DoT) has launched the Financial Fraud Risk Indicator (FRI) as part of the Digital Intelligence Platform (DIP) to safeguard financial systems and telecom infrastructure.
About Financial Fraud Risk Indicator (FRI)
FRI is a risk-based metric that classifies mobile numbers into three categories—Medium, High, or Very High risk—based on their likelihood of being involved in fraudulent activities.
This classification is derived from multiple data sources, including the Indian Cybercrime Coordination Centre’s National Cybercrime Reporting Portal, the DoT’s Chakshu platform, and information shared by banks and financial institutions.
When a mobile number is flagged, it undergoes a multi-dimensional analysis to assess its risk level. The FRI assessment is then shared with stakeholders in real-time.
Major UPI platforms like PhonePe, Paytm, and Google Pay are now integrating FRI alerts.
Several MPs have called for an investigation into alleged irregularities in the implementation of the Jal Jeevan Mission, particularly concerning inflated contracts and cost overruns.
Challenges
The mission faces several challenges, such as a lack of dependable water sources in certain areas, groundwater contamination, uneven geographical terrain, scattered rural habitations, and delays in obtaining statutory clearances etc.
Issues have been raised for long-standing water shortages and mismanagement.
It faces scrutiny for possible financial mismanagement and lack of transparency.
As per the RBI, the Net foreign direct investment (FDI) into India crashed by more than 96% to just $353 million in 2024-25 as compared to the previous year.
Why Net FDI Matters?
Positive Net FDI: Indicates more foreign investment is coming in than going out, often seen as a sign of economic attractiveness.
Low or Negative Net FDI: May suggest capital is being withdrawn or domestic firms are investing more abroad than foreigners are investing locally.
Not always negative but it may reflect economic maturity or global ambition.
President Droupadi Murmu conferred Kirti Chakras and Shaurya Chakras to the personnel of the Armed Forces, Central Armed Police Forces and State/Union Territory Police during Phase-I of the Defence Investiture Ceremony at Rashtrapati Bhawan.
Gallantry awards
The Ministry of Defence invites recommendations twice in a year from the Armed Forces and Union Ministry of Home Affairs for gallantry awards.
They were given to the personnel for displaying raw courage, unparalleled bravery and total disregard to personal safety in the line of duty.
The awardees showed exceptional courage during various operations, including counter-terrorism and counter-insurgency operations in J&K and the North-East, anti-piracy operations, and fire-fighting operations.
