Recently, Indian Air Force’s MI 17 V5 helicopter was deployed to extinguish the raging forest fires in Nainital district, Uttarakhand.
Category: Current Affairs
Veddas of Sri Lanka
Scientists have found a distinct genetic link between the Veddas of Sri Lanka and India, opening a new chapter in genetic studies. Source: BL
BIS releases “Core Principles for Effective Banking Supervision”
The Bank for International Settlements (BIS) on 25th April, released the ‘Core Principles for Effective Banking Supervision’ which is crucial for global banking supervision. The revised text has been incorporated into the consolidated Basel Framework. Key points About Bank for Read More …
Interest Equalisation Scheme (IES)
Exporters have urged the government to extend the interest equalisation scheme (IES) that is set to expire on June 30. About Interest Equalisation Scheme (IES)
Special 301 report
The US Trade Representative’s (USTR) 2024 Special 301 report has once again included India in the ‘priority watch list’ of countries, along with China, Russia, Venezuela, and three others, for alleged problems related to IP (intellectual property) protection and enforcement. Read More …
MP5: Germany allows India to buy small arms from its firms
Germany has recently lifted restrictions on the sale of small arms to India as an exception to the country reflecting the growing strategic and military ties between the two countries. Key points
Supreme Court seeks ECI’s reply on PIL for fresh poll in case NOTA gets majority
The Supreme Court on April 26 asked for a response from the Election Commission of India on a PIL seeking framing of rules to nullify an election and order fresh one if NOTA (none of the above) option gets majority Read More …
Authorised Economic Operator (AEO)
The Union Ministry of Finance has assigned the Authorised Economic Operator (AEO) status to the gems and jewellery sector. Authorised Economic Operator (AEO)
RBI sets norms for voluntary conversion of small finance banks into universal banks
The Reserve Bank of India (RBI) on April 27 released the guidelines for the voluntary conversion of small finance banks (SFBs) into universal banks. Eligibility Universal banks (UBs) Small Finance Banks (SFBs) On-tap bank licensing
Supreme Court rejects pleas seeking 100% verification of EVM votes with VVPAT slips
The Supreme Court on April 26 dismissed all petitions seeking 100 per cent verification of votes cast on Electronic Voting Machines (EVMs) through the Verifiable Paper Audit Trials (VVPAT) method. Key points VVPAT machine
India’s first multi-purpose green hydrogen pilot project
India’s first multi-purpose green hydrogen pilot project at 1,500 MW Nathpa Jhakri Hydro Power Station (NJHPS) in Himachal’s Jhakri was inaugurated on 24th April.
Kalesar Wildlife Sanctuary
The Supreme Court on 24th April 2024 stayed construction of four proposed dams inside Kalesar Wildlife Sanctuary in Haryana’s Yamunanagar district.
Section 33 of the Representation of the People Act, 1951 and nominations
The BJP’s candidate from the Surat Lok Sabha constituency in Gujarat was declared elected unopposed. Law related to nominations
Paro Statement
The Sustainable Finance for Tiger Landscapes Conference concluded in Bhutan with the adoption of the “Paro Statement” on April 23 2024. Key points
Inheritance taxes
A debate has arisen in India over ‘Inheritance tax’ following remarks by some politicians, however, the concept is not new in India. About inheritance taxes Estate Duty in India Gift Tax Wealth tax (Compiled from The Hindu, ET and Business Read More …