Tax Dispute: Cairn Energy has entered into certain undertakings with India which would allow for the refund of taxes under a billion-dollar dispute. In December 2020, a three-member international arbitral tribunal at the Permanent Court of Arbitration in the Netherlands ruled unanimously that the Indian government was “in breach of the guarantee of fair and […]
Month: November 2021
COP26 Updates
COP26: Vinisha Umashankar from Tamil Nadu recently spoke on clean energy at a meeting that discussed clean technology and innovation as part of the 26th UN Climate Change Conference of Parties (COP26) in Glasgow. Among her audience were world leaders, including British Prime Minister Boris Johnson, U.S. President Joe Biden, and Prime Minister Narendra Modi. […]
Daily Current Affairs for UPSC IAS: 4th November 2021
Today Current Affairs: 4th November 2021 for UPSC IAS exams, State PSC exams, SSC CGL, State SSC, RRB, Railways, Banking Exam & IBPS, etc
State Of Global Climate – 2021
State Of Global Climate-2021: A provisional report released by the World Meteorological Organisation has stated that the last seven years have been the warmest on record and global sea-level rise accelerated since 2013, reaching a new high in 2021. The report has attributed the record sea-level rise to warming up and acidification of ocean waters. […]
Deforestation: COP26
Deforestation: More than 100 world leaders have promised to end and reverse deforestation by 2030, in the COP26 climate summit’s first major deal. Brazil, where stretches of the Amazon rainforest have been cut down, was among the signatories. The pledge includes almost $19.2bn of public and private funds. Experts welcomed the move, but warned a […]
Infrastructure For Resilient Island States (IRIS)
Infrastructure For Resilient Island States (IRIS): Prime Minister Narendra Modi launched Infrastructure for Resilient Island States (IRIS) on sidelines of climate summit in Glasgow. Infrastructure for Resilient Island States or IRIS is the first major initiative by the Coalition for Disaster Resilient Infrastructure (CDRI) started by India in 2019. IRIS seeks to operationalise the CDRI […]
Ayushmaan CAPF Scheme
Ayushmaan CAPF Scheme: Union Home Minister Amit Shah launched the ‘Ayushmaan CAPF’ Scheme health cards at the national level in New Delhi. The Home Minister had launched ‘Ayushmaan CAPF’ Scheme on pilot basis in the State of Assam on 23rd of January this year to provide health care services to all Central Armed Police Force […]
Revised Prompt Corrective Action (PCA) Framework For Banks
Revised Prompt Corrective Action (PCA) Framework For Banks: The RBI has issued a revised Prompt Corrective Action (PCA) framework for banks to enable supervisory intervention at “appropriate time” and also act as a tool for effective market discipline. The revised PCA framework will be effective from January 1, 2022. Capital, asset quality and leverage will […]
Asset Reconstruction Companies (ARCs): RBI
Asset Reconstruction Companies (ARCs):RBI To streamline the functioning of asset reconstruction companies (ARCs), the Reserve Bank panel has come out with a host of suggestions. The RBI had set up a committee headed by Sudarshan Sen to undertake a comprehensive review of the working of asset reconstruction companies (ARCs) in the financial sector ecosystem and […]
Madras High Court on Tamil Nadu Reservation Law
Unconstitutional – A Reservation Law Passed By The Tamil Nadu Legislative Assembly: The Madras High Court has declared as unconstitutional a reservation law passed by the Tamil Nadu legislative Assembly. The law envisaged providing 10.5% internal reservation to Vanniakula Kshatriya community, within the 20% earmarked for Most Backward Classes (MBCs) in education and public employment. […]
