Reimposed a Windfall Tax On Domestic Crude Petroleum: The Indian government recently reimposed a windfall tax on domestic petroleum crude. Windfall Tax is a higher tax levied by the government on specific industries when they experience unexpected and above-average profits. When the government notices a sudden increase in an industry’s revenue, they impose this tax. […]
Month: July 2023
First European Country To Join The Comprehensive And Progressive Agreement For Trans-Pacific Partnership
First European Country To Join The Comprehensive And Progressive Agreement For Trans-Pacific Partnership: The UK has formally agreed to become the first European country to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP): It is a free trade agreement (FTA) between 11 nations: Australia, Brunei, […]
Daily Current Affairs for UPSC IAS: 15th July 2023
Today’s Current Affairs: 15th Jul 2023 for UPSC IAS exams, State PSC exams, SSC CGL, State SSC, RRB, Railways, Banking Exam & IBPS, etc
BHARAT Campaign
BHARAT Campaign: Ministry of Agriculture & Farmers Welfare launched a new campaign for banks under Agriculture Infrastructure Fund titled BHARAT (Banks Heralding Accelerated Rural & Agriculture Transformation). BHARAT campaign is a one month-long Campaign with a target of Rs 7200 crore. It aims to get active involvement and support of members of commercial Banks in […]
Tunicate Fossil Species
Tunicate Fossil Species: Researchers described a 500-million-year-old tunicate fossil species, which suggested that the modern tunicate body plan was already established soon after the Cambrian Explosion. The new fossil, named Megasiphon thylakos, revealed that ancestral tunicates lived as stationary, filter-feeding adults and likely underwent metamorphosis from a tadpole-like larva. These are commonly called sea squirts […]
Kaas Plateau : Climate And Environmental Changes
Kaas Plateau : Climate And Environmental Changes A recent study by the Agharkar Research Institute (ARI), Pune along with the National Centre for Earth Sciences, Thiruvananthapuram decoded climate and environmental changes on Kaas Plateau. Key findings: Sediment profile dating back to 8000 years which helped decode climatic signatures indicated a relatively reduced rainfall and weak […]
Leopard 2 Battle Tank
Leopard 2 Battle Tank: Italy is planning to buy German-made Leopard 2 battle tanks to boost its ground forces in the wake of the Russian invasion of Ukraine Leopard 2 battle tank is a German made main battle tank. Developed by German weapons manufacturer Krauss-Maffei Wegmann (KMW). Leopard was first produced in the late 1990s […]
Hwasong-18 : Intercontinental Ballistic Missile
Hwasong-18: Intercontinental Ballistic Missile North Korea recently tested its latest Hwasong-18 intercontinental ballistic missile (ICBM). Hwasong-18 is a type of solid-fuel intercontinental ballistic missile (ICBM) developed by North Korea. It is North Korea’s first ICBM to use solid-fuel, which allows for faster launches. Liquid propellants provide greater propulsive thrust and power, but require more complex […]
The State Of Food Security And Nutrition In The World 2023 Report
The State Of Food Security And Nutrition In The World 2023 Report: The State of Food Security and Nutrition in the World 2023 report was released recently with the theme “Urbanisation, agrifood systems transformation, and healthy diets across the rural-urban continuum”. Findings Of The 2023 Report: Global Hunger Over 122 million people are facing hunger […]
Most Attractive Emerging Market For Investment
Most Attractive Emerging Market For Investment: According to Invesco Global Sovereign Asset Management Study by Invesco (an independent global investment management firm), India has surpassed China to become the most attractive emerging market for investment in 2023. The report emphasizes India’s attractiveness to sovereign wealth funds due to its strong demographics, political stability, and proactive […]
