Regulations Review Authority 2.0: RBI: The Reserve Bank Of India (RBI) has constituted an Advisory Group to assist the second Regulations Review Authority (RRA 2.0). The RBI has set up the RRA 2.0, initially for a period of one year from 1st May 2021, with a view to streamline regulations and reduce the compliance burden […]
N. Rangasamy: Puducherry CM
N. Rangasamy: Puducherry CM: Prime Minister Narendra Modi has congratulated N. Rangasamy on taking oath as Puducherry CM. Puducherry is a Union Territory of India rather than a state, which implies that governance and administration fall directly under federal authority. However, Puducherry is one of the three union territories in India (the other being the […]
What Is Foam Path?
Foam Path: A medical flight made an emergency belly landing at the Chhatrapati Shivaji Maharaj International Airport in Mumbai after a wheel of the aircraft separated from its body. Mumbai airport officials sprayed foam on the runway to prevent fire as the Beechcraft VT-JIL aircraft made a belly landing. A foam path is an aviation […]
Database Of Companies And Auditors: NFRA
Database Of Companies And Auditors: NFRA: National Financial Reporting Authority (NFRA) has prepared a provisional database of companies and auditors. The National Financial Reporting Authority is a regulatory body set up under Section 132 of the Companies Act to oversee compliance with Accounting and Auditing Standards by companies that can be described as Public Interest […]
India’s Sovereign Rating
India’s Sovereign Rating: According to the S&P Global Ratings, India’s sovereign rating will remain unchanged at the current level of BBB- for the next two years despite the potential adverse impact of a surging pandemic on its economy. S&P is one of the largest credit rating agencies, assigning letter grades to companies and countries and […]
Global Methane Assessment : Mitigating Methane Emissions
Global Methane Assessment: Benefits And Costs Of Mitigating Methane Emissions: A report, titled Global Methane Assessment: Benefits and Costs of Mitigating Methane Emissions suggested that the world needs to dramatically cut methane emissions to avoid the worst of climate change. The report was released by the Climate and Clean Air Coalition and the United Nations […]
What is Covid Beep?
COVID BEEP: Union Minister of Atomic Energy, Dr Jitendra Singh recalled the launch of COVID BEEP in June 2020 to supplement the Country’s COVID infrastructure to fight the pandemic. The COVID BEEP system has been developed by the Department of Atomic Energy (DAE) in collaboration with IIT Hyderabad and ESIC Medical College Hyderabad. It was […]
What is Pitch-Siding?
Pitch-Siding: During a match in the Indian Premier League (IPL), the Board of Control for Cricket in India’s (BCCI) Anti-Corruption Unit nabbed two individuals for allegedly pitch-siding or court-siding. Pitch or court-siding is having somebody inside a sports venue and passing on immediate match-related updates to a bookie, who can use that information to change […]
Daily Current Affairs for UPSC IAS: 7th May 2021
Today Current Affairs: 7th May 2021 for UPSC IAS exams, State PSC exams, SSC CGL, State SSC, RRB, Railways, Banking Exam & IBPS, etc
Report On Social Stock Exchanges
Report On Social Stock Exchanges: A technical group on Social Stock Exchanges (SSEs), constituted by the Securities and Exchange Board of India (SEBI), has submitted its report. SEBI set up the technical group in September 2020 under the chairmanship of Harsh Bhanwala, former chairman of NABARD. Earlier, a Working Group (WG) on the SSE, chaired […]
