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Open Network For Digital Commerce

Open Network For Digital Commerce: The government has launched the pilot phase of Open Network for Digital Commerce (ONDC) with an aim to “democratise” the country’s fast growing digital e-commerce space that is currently dominated by the two U.S.-headquartered firms — Amazon and Walmart. ONDC is a freely accessible government-backed platform that aims to democratise […]

Narcotic Drugs And Psychotropic Substances Act, 1985

Narcotic Drugs And Psychotropic Substances Act, 1985: The government is considering transferring the administration of the Narcotic Drugs and Psychotropic Substances Act, 1985 (NDPS Act) and Prevention of Illicit Traffic in Narcotic Drugs and Psychotropic Substances (PITNDPS) Act, 1988 from the finance ministry to Ministry of Home Affairs to bring all issues related to narcotics […]

12th India-Nepal Joint Working Group (JWG)

12th India-Nepal Joint Working Group (JWG): The 12th India-Nepal Joint Working Group (JWG), which discusses several issues related to Border Management and security matters, was held in New Delhi in June 2022. The two sides reviewed the decisions taken in the last JWG held in 2015 in Pokhara, Nepal. The Joint Working Group reviewed the […]

Gustavo Petro

Gustavo Petro: Ex-guerrilla Gustavo Petro was elected the first ever left-wing president of Colombia, after beating millionaire businessman Rodolfo Hernandez in a tense run-off election. Petro will succeed the deeply unpopular conservative Ivan Duque, who was barred by Colombia’s Constitution from standing for re-election, in a country saddled with widespread poverty, a surge in violence […]

Participatory Notes Dropped To Rs 86,706 Crore Till May-End, 2022

Participatory Notes Dropped To Rs 86,706 Crore Till May-End, 2022: Investment in the Indian capital markets through Participatory notes (P-notes) dropped to Rs 86,706 crore till May-end, 2022. However, according to experts, foreign investors will reverse their selling stance and return to the country’s equities in the coming 1-2 quarters. In line with a decline […]