FCRA License Of The Centre For Policy Research Suspended: The Centre suspended the Foreign Contribution Regulation Act (FCRA) license of the Centre for Policy Research (CPR) following prima facie inputs regarding the violation of funding norms. Foreign Contribution Regulation Act was enacted during the Emergency in 1976 amid apprehensions that foreign powers were interfering in […]
E-pharmacy In India : Show Cause Notices To Companies
E-pharmacy In India : Show Cause Notices To Companies In February 2023, the Ministry of Health issued show cause notices to at least 20 companies, including Tata-1mg, Flipkart, Apollo, PharmEasy, Amazon, and Reliance Netmeds for selling medicines online. The growth of e-pharmacy in India has been significant in recent years and is expected to grow […]
What Is Social Stock Exchange?
What Is Social Stock Exchange? The National Stock Exchange of India received the final approval from the markets regulator Securities and Exchange Board of India (SEBI) to set up a Social Stock Exchange (SSE). Finance Minister Nirmala Sitharaman, presenting the Union Budget back in 2019, had proposed to initiate steps for creating a stock exchange […]
Success Of “SWAYATT” Initiative
Success Of “SWAYATT” Initiative: A function was held to commemorate the success of “SWAYATT”, an initiative that was first launched in February 2019. SWAYATT Initiative is an initiative to promote Start-ups, Women and Youth Advantage Through eTransactions on Government eMarketplace (GeM). Aim: To promote the inclusion of various categories of sellers and service providers on […]
VAIBHAV Fellowship Scheme
VAIBHAV Fellowship Scheme: On the occasion of “National Science Day”, Union Minister of State (Independent Charge) Science & Technology launched the VAIBHAV Fellowship scheme for the Indian Diaspora abroad. The fellowship offers Non-Resident Indian (NRI) researchers an opportunity to work for a minimum of one month to a maximum of two months a year with […]
Exercise Shinyuu Maitri
Exercise Shinyuu Maitri: The Indian Air Force (IAF) is participating in Exercise Shinyuu Maitri with the Japan Air Self Defence Force (JASDF). Exercise Shinyuu Maitri is a bilateral military exercise between Indian Air Force (IAF) and Japan Air Self Defence Force (JASDF). The exercise is being organized on the sidelines of the Indo-Japan Joint Army […]
Procurement Of 70 HTT-40
Procurement Of 70 HTT-40: The Union Cabinet recently approved the procurement of 70 HTT-40 basic trainer aircraft costing Rs 6,828 crore for the Indian Air Force. The Hindustan Turbo Trainer-40 (HTT-40) is a basic trainer aircraft (BTA). It is designed and developed by Hindustan Aeronautics Limited (HAL). It is a turboprop aircraft designed to have […]
Expected Credit Loss (ECL) Regime
Expected Credit Loss (ECL) Regime: Credit rating agency India Ratings and Research recently said that banks would have adequate time and financial strength to absorb the impact of transition to expected credit loss regime. The Reserve Bank of India (RBI) recently proposed to move the banking system to an expected credit loss-based provisioning approach from […]
Advisory To The Print Media On Paid News : Press Council Of India
Advisory To The Print Media On Paid News : Press Council Of India The Press Council of India (PCI) recently issued an advisory to the print media on ‘paid news’.It says newspapers should not misconstrue or misquote the statements given by any leader Political news published in competing newspaper with similar content strongly suggests such […]
Daily Current Affairs for UPSC IAS: 2nd March 2023
Today’s Current Affairs: 2nd March 2023 for UPSC IAS exams, State PSC exams, SSC CGL, State SSC, RRB, Railways, Banking Exam & IBPS, etc
