Most Favoured Nation: Switzerland has recently revoked India’s Most Favoured Nation (MFN) clause in Double taxation avoidance agreement status following a Supreme Court ruling in an adverse tax case involving Nestle.MFN is a principle under the World Trade Organization (WTO) that mandates non-discrimination among member countries in trade policies. Members are treated equally in terms […]
Category: Current Affairs
African Swine Fever : Outbreak in kerala
African Swine Fever : Outbreak in kerala An outbreak of African Swine Fever (ASF), a highly contagious disease affecting pigs, has been reported in Kerala’s Kottayam district. Authorities have initiated culling measures and declared infected zones to contain the disease’s spread.ASF is endemic to sub-Saharan Africa but has spread globally to regions like Asia and […]
India Maritime Heritage Conclave 2024
India Maritime Heritage Conclave 2024: The 1st India Maritime Heritage Conclave (IMHC 2024), organized by the Ministry of Ports, Shipping and Waterways (MoPSW) on December 11-12, marked a significant occasion to honor India’s rich maritime legacy while envisioning its future as a global maritime leader. This landmark event brought together key ministers, maritime experts, and […]
BOBCARD Launches TIARA Credit Card
BOBCARD Launches TIARA Credit Card: BOBCARD has launched the TIARA Credit Card, a premium, women-centric offering designed to empower modern women. This card is packed with rewards across various categories such as travel, lifestyle, dining, entertainment, and health, providing women with the tools to manage their finances without compromising on lifestyle. The launch event, held […]
Manish Jain Appointed Executive Director at YES Bank
Manish Jain Appointed Executive Director at YES Bank: YES Bank announced that the Reserve Bank of India (RBI) had approved the appointment of Manish Jain as the Executive Director (Whole-Time Director) of the bank. Jain’s appointment is for a period of three years, starting from December 11, 2024, to December 10, 2027. This move follows […]
Padma Bhushan Ustad Zakir Hussain Passes Away at 73
Padma Bhushan Ustad Zakir Hussain Passes Away at 73: Padma Bhushan Ustad Zakir Hussain, the legendary tabla player, passed away at the age of 73 in a US hospital due to heart-related problems. His music and legacy will continue to inspire generations. Zakir Hussain was the son of tabla legend Ustad Allah Rakha. From a […]
Time magazine has honored Donald Trump as its 2024 Person of the Year
Time magazine has honored Donald Trump as its 2024 Person of the Year: Time magazine has named Donald Trump as its Person of the Year for 2024, marking the second time he has received this prestigious recognition. The decision highlights Trump’s substantial political influence, his historic comeback following his victory in the November 5 election […]
India’s GDP Growth Projections for FY25
India’s GDP Growth Projections for FY25: India’s GDP growth projections for FY25 have been revised downward by multiple agencies, reflecting cautious optimism amid global and domestic challenges. CARE Ratings has lowered its FY25 GDP growth estimate from 6.8% to 6.5%, citing a contraction in corporate profitability, reduced public capital expenditure (capex), and sluggish urban consumption […]
D. Ering Memorial Wildlife Sanctuary : In News
D. Ering Memorial Wildlife Sanctuary : In News A stakeholders’ coordination meeting aimed at reintroducing rhinoceroses to the D. Ering Wildlife Sanctuary (DEWS) in East Siang District of Arunachal Pradesh was convened recently. D. Ering Memorial Wildlife Sanctuary is situated in the East Siang district ofArunachal Pradesh. It was established in 1976. It was previously […]
Dark Eagle Anti-Missile System
Dark Eagle Anti-Missile System: The United States of America has developed a new anti-missile system called Dark Eagle and is nearing operational readiness after a successful test flight. Dark Eagle Anti-Missile System is a long-range hypersonic anti-missile system developed by the United States of America, which is capable of intercepting enemy missiles in mid-air. It […]
