Foreign Direct Investment (FDI) in India: Latest Trends

Foreign Direct Investment (FDI): Measures Taken By The Government: Measures taken by the Government on the fronts of Foreign Direct Investment (FDI) policy reforms, investment facilitation and ease of doing business have resulted in increased FDI inflows into the country. The following trends in India’s Foreign Direct Investment are: India has attracted highest ever total […]

SITA Passenger Service System

SITA Passenger Service System: National carrier Air India has notified its passengers of a data breach that occurred in February 2021 at the SITA passenger service system. The airline said the breach involved data of 45 lakh passengers being leaked. SITA or Société Internationale de Télécommunications Aéronautiques is a multinational information technology company providing IT […]

7th Meeting Of The BRICS Astronomy Working Group (BAWG)

7th Meeting Of The BRICS Astronomy Working Group (BAWG): India virtually hosted the 7th meeting of the BRICS Astronomy Working Group (BAWG) under the Science, Technology, and Innovation track of the BRICS 2021. The Inter-University Centre for Astronomy and Astrophysics (IUCAA), Pune, and Department of Science and Technology (DST) coordinated the meeting. BRICS is an […]

Personal Guarantors Liable For Corporate Debt: SC

Personal Guarantors Liable For Corporate Debt: SC: The Supreme Court upheld a government moves to allow lenders to initiate insolvency proceedings against personal guarantors, who are usually promoters of big business houses, along with the stressed corporate entities for whom they gave a guarantee. It held that November 15, 2019, government notification allowing creditors, usually […]

Mobile Monitoring Software (NMMS) App And Area Officer Monitoring App

Mobile Monitoring Software (NMMS) App And Area Officer Monitoring App: Union Minister of Rural Development launched National Mobile Monitoring Software (NMMS) app and the Area officer monitoring App. The NMMS App permits taking real-time attendance of workers at Mahatma Gandhi NREGS worksites along with a geotagged photographs, which will increase citizen oversight of the program […]

E-Way Bill Integration with FASTag, RFID

E-Way Bill Integration with FASTag, RFID: The Union Government has integrated the E-Way Bill (EWB) system with FasTag and RFID. Electronic Way (E-Way) Bill: E-Way Bill is usually a unique bill number generated for the specific consignment involving the movement of goods. Under the Goods and Services Tax (GST) regime, EWBs are mandatory for inter-state […]

Infrastructure Status For Exhibition And Convention Centres

‘Infrastructure Status For Exhibition And Convention Centres: The Finance Ministry has granted ‘Infrastructure’ status for exhibition and convention centers, a move that is expected to ease bank financing for such projects. ‘Exhibition-cum-Convention Centre is included in the Harmonised Master List of Infrastructure sub-sectors by insertion of a new item in the category of Social and […]