International Competition Network: The Competition Commission of India (CCI) has become a part of the prestigious 18-member steering committee of the International Competition Network (ICN). The concept for the ICN originated from recommendations made by the International Competition Policy Advisory Committee (ICPAC), a group formed in 1997. It was established in October 2001 by officials […]
Category: Economics Current Affairs
Global Tax Evasion Report 2024
Global Tax Evasion Report 2024: The European Union Tax Observatory has released ‘Global Tax Evasion Report 2024’ highlighting several critical issues related to tax evasion, the Global Minimum Tax (GMT) on billionaires, and measures to combat tax evasion. The report investigates the effects of international reforms adopted over the past 10 years, such as the […]
Small Savings Instruments
Small Savings Instruments: The government of India has raised the rates offered for most small savings instruments (SSIs) in the range of 40 basis points (bps) to 150 bps over the last five quarters. Small Savings Instruments (SSIs) are a set of savings instruments managed by the central government with the aim of encouraging citizens […]
Leniency Plus Norms : CCI
Leniency Plus Norms : CCI The Competition Commission of India (CCI) has released a draft of revised lesser penalty regulations that provides for introduction of a “leniency plus” programme Leniency plus’ norms is a new cartel detecting tool and sheds light on how the competition watchdog intends to operationalize it. The “Leniency Plus” regime was […]
Yuva Sangam (Phase III)
Yuva Sangam (Phase III): The registration portal for Phase III of Yuva Sangam, under Ek Bharat Shreshtha Bharat (EBSB), was launched. Yuva Sangam is an initiative by the Government of India to strengthen people-to-people connections between youth belonging to different States/UTs of India. Interested youth in the age group of 18-30 years, mainly students, NSS […]
Electoral Bonds : Update
Electoral Bonds : Update The Supreme Court of India has referred the challenge to the validity of the electoral bonds scheme, which allows anonymous donations to political parties, to a Constitution Bench of five judges. The case also pertains to the passage of the electoral bonds scheme as a Money Bill The electoral bonds system […]
IndiaSkills 2023-24
IndiaSkills 2023-24: The Ministry of Skill Development and Entrepreneurship has launched IndiaSkills 2023-24 and commended the World Skills Competition (WSC) 2022 winners. IndiaSkills 2023-24: IndiaSkills 2023-24 is a skill development competition which aims to foster and enhance the skills of individuals in various domains, preparing them for national and international skill competitions. IndiaSkills is the […]
What Is Stock Split?
What Is Stock Split? Sigachi Industries (SIGACHI) recently initiated its long-anticipated 10:1 stock split. Stock Split happens when a company increases the number of its shares to boost the stock’s liquidity. It is a corporate action in which a company issues additional shares to shareholders, increasing the total by the specified ratio based on the […]
Passport To Earning (P2E) Initiative
Passport To Earning (P2E) Initiative: UNICEF’s global learning-to-earning solution, Passport to Earning (P2E), has skilled and certified more than one million young people in India in areas of financial literacy and digital productivity. Aligned with the National Education Policy (NEP) 2020, the P2E program offers free access to certificate courses in digital productivity, financial literacy, […]
Poorvottar Sampark Setu Portal
Poorvottar Sampark Setu Portal: The Union Ministry of Development of North-East Region virtually launched “MDoNER Data Analytics Dashboard” and “Poorvottar Sampark Setu” portal at Vigyan Bhawan, New Delhi. It is a powerful tool designed to streamline and enhance monitoring of Fortnightly visits of Union Ministers to NER. Features: The dashboard provides valuable insights and graphical […]
