Enforcing Contracts Portal: The portal aims to promote ease of doing business and improve ‘Contract Enforcement Regime’ in country It is envisioned to be a comprehensive source of information pertaining to the legislative and policy reforms being undertaken on the “Enforcing Contracts” parameters It includes the latest data related to the functioning and disposal of […]
Category: Current Affairs
BharatNet Project
BharatNet Project: The Union Cabinet approved a Viability Gap Funding support of up to Rs. 19,041 crore (Out of the total expense of Rs. 29,430 crore) for the implementation of the BharatNet project through Public-Private Partnership model. Public-Private Partnership (PPP) involves collaboration between a government agency and a private-sector company that can be used to […]
G20 Foreign Ministers Meeting
G20 Foreign Ministers Meeting: Italy hosted the G-20 foreign ministers’ meeting to discuss the fight against Covid-19 and how to speed up the recovery of the global economy and boost sustainable development in Africa. Currently, Italy holds the presidency of G-20. The G-20 summit is scheduled to be held in Italy in October, 2021. India […]
India’s Current Account surplus of 0.9% of GDP in FY21: RBI
India’s Current Account surplus of 0.9% of GDP in FY21: RBI: As per data released by Reserve Bank of India (RBI), India has reported a current account surplus of 0.9 per cent of GDP in the Financial Year 2021 (FY21) amid the covid-19 pandemic. In 2020, it had reported current account deficit of 0.9 per […]
Guindy National Park : Ecosystem Services
Ecosystem Services: The Guindy National Park provides a number of ecosystem services to the people of Chennai, Tamil Nadu. Ecosystem services are the direct and indirect contributions of ecosystems to human well-being. It is India’s eighth-smallest national park and one of the very few national parks located inside a city. It is located in the […]
UN Report On International Tourism 2021
UN Report On International Tourism: According to the report by UNCTAD and UN’s World Tourism Organisation (WTO), International tourism arrivals are set to stagnate in 2021, except in some Western markets As per report, stagnation would result into losses of $2.4 trillion. It highlights, tourism sector is not expected to rebound fully until 2023. It […]
New Tax Deducted At Source (TDS) Rule 2021
Tax Deducted At Source (TDS): A new Tax Deducted at Source (TDS) rule is coming into effect from July 1, 2021. Under the new rules, non-filer of income tax for past two financial years will be subjected to higher taxation. TDS or TCS will be charged at double rate specified in relevant provision of Income […]
Green Freight Corridor-2
Green Freight Corridor-2: Ministry of Shipping launched the maiden voyage under Green Freight Corridor-2 on June 30, 2021. Green Freight Corridor-2 is a coastal shipping service. Voyage was launched from Cochin port to Beypore and Azhikkal ports located in north Kerala. First voyage service was launched in line with ministry’s plans to improve connectivity and […]
Hardliner Ebrahim Raisi : Iran’s President
Hardliner Ebrahim Raisi : Iran’s President: Hardliner Ebrahim Raisi became Iran’s president. He succeeded Hassan Rouhani. Iran’s 13th presidential elections were recently held. As per rules, the president should be a Shiite Muslim. Over 90 per cent of Iran’s population is comprised of Shiite Muslims. Raisi first came to prominence when he became the Prosecutor […]
What is Sea Snot?
Sea Snot: Turkey’s Sea of Marmara, that connects the Black Sea to the Aegean Sea, has witnessed the largest outbreak of ‘sea snot’. ‘Sea snot’ is marine mucilage, which floats up on the surface of the sea like a brown phlegm. This thick slimy layer of organic matter looks like a viscous, brown and foamy […]
