Financial Action Task Force (FATF) released its Mutual Evaluation Report on India: India was found partially compliant in three areas. Non-Profit Organisations (NPOs): NPOs registered as charitable organizations and enjoying tax exemptions could be vulnerable to terror funding. The system requires better measures to address risks associated with these organisations. Politically Exposed Persons (PEPs): Ambiguities […]
Month: September 2024
Mini-Moon
Mini-Moon: According to a new study, the Earth’s gravitational field will temporarily capture a small asteroid named 2024 PT5 which will behave as a ‘mini moon’. Mini-moons are asteroids that fail to escape Earth’s gravity and end up orbiting the planet for some time. They are usually very small and hard to detect — only […]
Vivad Se Vishwas Scheme 2024
Vivad Se Vishwas Scheme 2024: The second edition of the Direct Tax Vivad se Viswas scheme 2024 (VSV 2.0) will be operational soon, the Finance Ministry has said in a notification. The scheme aims to reduce ongoing litigations related to income tax. VSV 2.0 will enable taxpayers and the Income Tax Department to resolve disputes […]
Contempt Petition
Contempt Petition: Chief Justice of India (CJI) D Y Chandrachud informed the Attorney General that the Jharkhand government has filed a contempt petition against the central government for delaying the appointment of a new Chief Justice to the Jharkhand High Court, as recommended by the Supreme Court Collegium. This was stated during a hearing on […]
Project 200
Project 200: Bengaluru-based startup Bellatrix Aerospace unveiled “Project 200,” an innovative satellite designed to operate at Ultra-Low Earth Orbit (180-250 km) during the Bengaluru Space Expo 2024. This orbit could revolutionize satellite capabilities, enhancing applications like high-resolution Earth observation and telecommunications. The startup’s breakthrough propulsion technology will allow satellites to operate at this low altitude […]
Jordan
Jordan: Jordan has become the first country in the world to receive World Health Organization (WHO) verification for eliminating leprosy. This achievement highlights the country’s strong political commitment and effective public health strategies, with no locally transmitted cases reported for over two decades. Jordan’s success serves as a global model, demonstrating the power of sustained […]
NCERT Textbook
NCERT Textbook: A chapter titled ‘Veer Abdul Hameed’ and a poem titled ‘National War Memorial’ have been included in the NCERT curriculum of Class VI.
Walkie-Talkie Blasts in Lebanon
Walkie-Talkie Blasts in Lebanon: Several people were killed and hundreds injured in Lebanon following explosions of hand-held radios like walkie-talkies and pagers used by Hezbollah at multiple locations. These pagers, chosen by Hezbollah to evade detection through cell phones, were covertly modified with Pentaerythritol tetranitrate (PETN).
Neuralink’s Blindsight Implant
Neuralink’s Blindsight Implant: The US Food and Drug Administration granted “breakthrough device” status to Elon Musk’s Neuralink’s Blindsight.This designation aims to speed up the development and review of innovative medical devices that address severe conditions. Blindsight is an experimental vision-restoring implant. It could help individuals who have lost both eyes and their optic nerve regain […]
PM Mega Integrated Textile Regions and Apparel Park in Maharashtra
PM Mega Integrated Textile Regions and Apparel Park in Maharashtra: Prime Minister Narendra Modi laid the foundation stone for the PM Mega Integrated Textile Regions and Apparel Park (PM MITRA) in Maharashtra’s Amravati. Event Info The 1000-acre park is being developed by the Maharashtra Industrial Development Corporation (MIDC) as the State Implementation Agency.
