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White Flag Campaign : Malaysia

White Flag Campaign: In Malaysia, some residents of low-income families have started waving white flags as part of the so-called “White Flag Campaign”, or the #benderaputi (white flag) movement. They are doing this to convey distress about the financial crunch they have had to deal with amid the lockdowns due to Covid-19. Malaysia enforced another […]

Lambda Variant of Covid-19

Lambda Variant of Covid-19: Even as the Delta variant of the SARS-CoV-2 coronavirus continues to drive the rise in infections around the world, another variant, Lambda, is increasingly being seen by scientists and health experts as a new emerging threat. On June 14, the World Health Organization designated the Lambda variant, previously known by its […]

Ministry Of Co-Operation

‘Ministry Of Co-operation’: In a historic move, a separate ‘Ministry of Co-operation’ has been created by the NDA Government for realizing the vision of ‘Sahkar se Samriddhi’. This ministry will provide a separate administrative, legal and policy framework for strengthening the cooperative movement in the country. It will help deepen Co-operatives as a true people […]

Anti-Dumping Duty on Copper Products

Anti-Dumping Duty: The government has decided not to impose Anti-Dumping Duty (ADD) on imports of certain copper products, from China, Thailand, Korea and three other countries. In April, Directorate General of Trade Remedies (DGTR) recommended imposing the duty on “copper and copper alloy flat-rolled products” from China, Korea, Malaysia, Nepal, Sri Lanka and Thailand, after […]

India Joins OECD/G20 Inclusive Framework Tax Deal

India Joins OECD/G20 Inclusive Framework Tax Deal: India and the majority of the members of OECD-G20 Inclusive Framework on Base Erosion and Profit Shifting (BEPS) have joined a new two-pillar plan to reform international taxation rules. The two-pillar plan – inclusive framework tax deal on Base Erosion and Profit Shifting (BEPS)- seeks to reform international […]

Organization Of The Petroleum Exporting Countries Plus (OPEC+)

Organization Of The Petroleum Exporting Countries (OPEC+) Plus: The United Arab Emirates (UAE) pushed back against a plan by the Organization of the Petroleum Exporting Countries (OPEC+) Plus group to extend the global pact to cut oil production beyond April 2022. The Output Pact & Fluctuating Oil Price: The OPEC+ group of countries had, in […]

Forest Rights Act (FRA)

Forest Rights Act (FRA): Ministry of Tribal Affairs and Ministry of Environment have jointly decided to give more powers to the tribal communities in managing the forest resources. A “Joint Communication” to this effect has been signed. The Joint Communication, pertains to effective implementation of the Scheduled Tribes and Other Traditional Forest Dwellers (Recognition of […]