Dhaka Clears Currency Swap For Lanka: Bangladesh has cleared a $200 million currency swap facility for Sri Lanka, becoming the first South Asian country to extend crucial financial assistance to the island nation this year. With Sri Lanka’s main foreign exchange earning sectors — tourism, export of garments, and tea — badly hit due to […]
Month: May 2021
Quad Grouping and China
Quad As An Attempt For Containment: China China’s Consul General: China’s Consul General in Mumbai has described Quad as “an attempt for containment”. Because, Quad advocates so-called democratic alliance, and targets certain specific countries in an attempt for containment.” The reference to Quad indicates Beijing’s deep annoyance with a grouping that intends to curtail its […]
Reclining Buddha Statue : Bodh Gaya
The Reclining Buddha: On Buddha Jayanti (May 26), India’s largest statue of the Reclining Buddha was to have been installed at the Buddha International Welfare Mission temple in Bodh Gaya. The ceremony has been put off due to Covid-19 restrictions. A reclining Buddha statue or image represents the Buddha during his last illness, about to […]
Rights Of Van Gujjars
Rights Of Van Gujjars: The Uttarakhand High Court has reprimanded the State government for stopping some Van Gujjar families on the way to Govind Pashu Vihar National Park and said their right to life is being violated by the authorities. The Van Gujjars pursue seasonal migration from the Terai-Bhabar and Siwalik region of Uttarakhand to […]
New Rules For Increased FDI In Insurance Sector
New Rules For Increased FDI In Insurance Sector: The Ministry of Finance amended Indian Insurance Companies (Foreign Investment) Rules, 2015, and clarified the final rules for increased FDI (Foreign Direct Investment) in the Insurance Sector. Parliament had passed the Insurance Amendment Bill 2021 to increase the FDI limit in the insurance sector to 74% […]
Pension Fund Regulatory and Development Authority
The Pension Fund Regulatory and Development Authority: The Pension Fund Regulatory and Development Authority (PFRDA) crossed the milestone of Rs 6 lakh crore (Rs 6 trillion) of Assets Under Management (AUM) under the National Pension System (NPS) and Atal Pension Yojana (APY), after 13 years. Pension Fund Regulatory and Development Authority (PFRDA) is the statutory […]
Mekedatu Project
Mekedatu project: The National Green Tribunal (NGT) has appointed a joint committee to look into allegations of unauthorized construction activity taking place in Mekedatu, where the Karnataka government had proposed to construct a dam across the Cauvery River. Acting suo motu based on a media report, the NGT has directed the panel to submit a […]
Daily Current Affairs for UPSC IAS: 26th May 2021
Today Current Affairs: 26th May 2021 for UPSC IAS exams, State PSC exams, SSC CGL, State SSC, RRB, Railways, Banking Exam & IBPS, etc
Miniature Sculpture of the Buddha found in Udupi
Miniature sculpture of the Buddha found in Udupi: The Buddha was found among debris removed from an abandoned well at Alembi in Udupi district in Karnataka.Traditionally, the ancient Tulu Nadu was said to be ruled by the Kadambas of Banavasi. The Guptas and the Kadambas of Banavasi had matrimonial relations. Hence, the discovery of the […]
Intermediaries and Digital Media Ethics Code Rules, 2021 : Guidelines
Guidelines for Intermediaries and Digital Media Ethics Code Rules, 2021: New IT rules to regulate digital content, featuring a code of ethics and a three-tier grievance redressal framework, have come into force (May 26). On February 25, the Centre framed the Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules 2021, in the exercise […]
