Sanctions On Belarus: The UK, the US and Canada have issued fresh trade, financial and aviation sanctions on Belarus, in a bid to increase pressure on the country’s leader Alexander Lukashenko. Europe’s longest-serving ruler, President of Belarus (Lukashenko) took office in 1994 amid the chaos caused by the collapse of the Soviet Union in 1991. […]
Category: Current Affairs
UNSC Meet On Maritime Security
UNSC Meet On Maritime Security: The United Nations Security Council (UNSC) has adopted the first-ever presidential statement on maritime security. India, as the UNSC president for August 2021, noted the threats to maritime safety and security and called upon the members to consider implementing the 2000 UN Convention against Transnational Organized Crime. All the permanent […]
Open Acreage Licensing Programme
Open Acreage Licensing Programme: In an attempt to boost domestic hydrocarbon production, the petroleum and natural ministry launched the sixth bid round under the liberal Open Acreage Licensing Programme (OALP). Earlier, the Cabinet Committee on Economic Affairs (CCEA) approved the Policy framework on reforms in the exploration and licensing sector for enhancing domestic exploration and […]
All India Elephant And Tiger Population Estimation Exercise
All India Elephant And Tiger Population Estimation Exercise: All India Elephant and Tiger population estimation exercise to be done in convergence for the first time in 2022. Minister for Environment released the population estimation protocol to be adopted in the exercise to be taken up for the All India elephant and tiger population estimation in […]
GSLV-F10 Launch And EOS-03 Satellite
GSLV-F10 Launch And EOS-03 Satellite: The launch of earth observation satellite EOS-03 onboard GSLV-F10 was unsuccessful recently because of an anomaly in the rocket’s cryogenic upper stage. GSLV-F10 was ISRO’s eighth flight with indigenous cryo, 14th GSLV flight and 79th launch from Sriharikota. EOS-3 was the first state-of-art agile Earth Observation Satellite which would have […]
Al-Mohed Al-Hindi 2021 Exercise
Al-Mohed Al-Hindi 2021 Exercise.: India and Saudi Arabia are conducting their first-ever naval exercise, in reflection of their growing defence and military cooperation. Indian Navy’s guided-missile destroyer INS Kochi reached the Jubail port in Saudi Arabia for the “Al-Mohed Al-Hindi 2021” exercise. The harbour phase of the “Al-Mohed Al-Hindi 2021” exercise began with the sea-based […]
Sovereign Right To Taxation
Sovereign Right To Taxation: While scrapping the retrospective levy is believed to provide clarity to investors by removing a major source of ambiguity on taxation laws, the Government of India has stressed the need to establish its “sovereign right to taxation”. In India, the Constitution gives the government the right to levy taxes on individuals […]
Poly Network
Poly Network: Hackers pulled off the biggest ever cryptocurrency heist, stealing $613 million in digital coins from token-swapping platform Poly Network, only to return $260 million worth of tokens less than 24 hours later Poly Network is a decentralized finance (DeFi) platform that facilitates peer-to-peer transactions with a focus on allowing users to transfer or […]
Consumer Dispute Redressal Panels
Consumer Dispute Redressal Panels: The Supreme Court has given the Centre and the States eight weeks to fill the vacancies in the consumer disputes redressal commissions. The Court has also asked the Centre to conduct a comprehensive “legislative impact study” on the Consumer Protection Act, 2019. The laws have been made for the benefit of […]
Termination Of A Session Of Parliament
Termination Of A Session Of Parliament: The Lok Sabha was adjourned Sine Die two days ahead of its scheduled date of August 13, as the Opposition protested over the Pegasus snooping controversy, farm laws and other issues. Important Parliament Terminology: Zero Hour — time allotted to individuals members to raise important issues — was most […]
