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Posts by Kumari Sonali:

Reimposed a Windfall Tax On Domestic Crude Petroleum

Reimposed a Windfall Tax On Domestic Crude Petroleum: The Indian government recently reimposed a windfall tax on domestic petroleum crude. Windfall Tax is a higher tax levied by the government on specific industries when they experience unexpected and above-average profits. When the government notices a sudden increase in an industry’s revenue, they impose this tax. […]

First European Country To Join The Comprehensive And Progressive Agreement For Trans-Pacific Partnership

First European Country To Join The Comprehensive And Progressive Agreement For Trans-Pacific Partnership: The UK has formally agreed to become the first European country to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP): It is a free trade agreement (FTA) between 11 nations: Australia, Brunei, […]

BHARAT Campaign

BHARAT Campaign: Ministry of Agriculture & Farmers Welfare launched a new campaign for banks under Agriculture Infrastructure Fund titled BHARAT (Banks Heralding Accelerated Rural & Agriculture Transformation). BHARAT campaign is a one month-long Campaign with a target of Rs 7200 crore. It aims to get active involvement and support of members of commercial Banks in […]

Tunicate Fossil Species

Tunicate Fossil Species: Researchers described a 500-million-year-old tunicate fossil species, which suggested that the modern tunicate body plan was already established soon after the Cambrian Explosion. The new fossil, named Megasiphon thylakos, revealed that ancestral tunicates lived as stationary, filter-feeding adults and likely underwent metamorphosis from a tadpole-like larva. These are commonly called sea squirts […]

Kaas Plateau : Climate And Environmental Changes

Kaas Plateau : Climate And Environmental Changes A recent study by the Agharkar Research Institute (ARI), Pune along with the National Centre for Earth Sciences, Thiruvananthapuram decoded climate and environmental changes on Kaas Plateau. Key findings: Sediment profile dating back to 8000 years which helped decode climatic signatures indicated a relatively reduced rainfall and weak […]