Category: Economics Current Affairs

High Ambition Coalition For Nature And People:   At a ceremony held between the French and Indian governments on 7th October in New Delhi, India officially joined the High Ambition Coalition for Nature and People, a group of more than 70 countries encouraging the adoption of the global goal to protect 30×30. HAC members currently […]

Application Ecosystem For Integration Of Procurement Portals: The Department of Food and Public Distribution has developed an application ecosystem for integration of procurement portals of all state governments. The Application Ecosystem will allow the integration of procurement portals of all state governments having Minimum Threshold Parameters (MTPs) for monitoring and strategic decision making. The introduction […]

What Is Interpol? The Interpol has launched an online campaign to apprise people of major cyberthreats to help them protect their computer systems, networks and personal information from cybercriminals. The three-week campaign, from October 4 to 22, would be run primarily through social media. Objective of the campaign: With cyber threats becoming increasingly sophisticated, in […]

PM MITRA Parks: To position India strongly on the Global textiles map, the Government of India has approved the setting up of 7 PM MITRA parks as announced in Union Budget for 2021-22. PM MITRA is inspired by the 5F vision of Prime Minister Modi. The ‘5F’ Formula encompasses – Farm to fibre; fibre to […]

Tax Inspectors Without Borders (TIWB): Tax Inspectors Without Borders (TIWB), a joint initiative of the United Nations Development Programme (UNDP) and the Organisation for Economic Cooperation and Development (OECD), launched its programme in Seychelles on 4th October, 2021. India was chosen as the Partner Administration and has provided Tax Expert for this programme. This programme […]

Ministry Of Coal Finalises Agenda Document For 2021- 22: The Ministry of Coal has finalized an Agenda Document for the year 2021-22 which broadly focuses on the four areas of : Coal Sector Reforms Coal Transition and Sustainability Institution Building Futuristic Agenda. The Agenda covers the entire gamut of areas for steering the Coal Sector […]

Pandora Papers: There are at least 380 persons of Indian nationality in the Pandora Papers. The Pandora Papers investigation is the world’s largest-ever journalistic collaboration, involving more than 600 journalists from 150 media outlets in 117 countries. The investigation is based on a leak of confidential records of 14 offshore service providers that give professional […]

Crypto Currency: International Monetary Fund (IMF) has warned against the adoption of Crypto currency, saying it can threaten financial stability of emerging markets. According to the IMF, Crypto currency poses new challenges to financial stability and consumer protection risks remain substantial given limited or inadequate disclosure and oversight. The total market value of all the […]

The Draft Electricity (Rights of Consumers) Amendment Rules, 2021: The Union Ministry of Power has promulgated the Electricity (Transmission System Planning, Development and Recovery of Inter-State Transmission Charges) Rules 2021. The rules underpin a system of transmission access which is termed as a General Network Access in the inter-state transmission system. This provides flexibility to […]