Ponzi Scheme: Bernie Madoff, the Wall Street financier who was sentenced to 150 years after being convicted for what came to be known as the largest and most devastating Ponzi scheme in financial history, died in the US. A Ponzi scheme is a form of fraud that lures investors and pays profits to earlier investors […]
Category: Current Affairs
Overseas Citizens of India (OCI) : Recent Changes
Overseas Citizens of India (OCI): Union Home Ministry has clarified that the Overseas Citizens of India (OCI) will not be required to register for a fresh OCI card every time a new passport is issued in their name. At present, the OCI card is required to be reissued each time a new passport is issued […]
National Startup Advisory Council (NSAC) : First Meeting
The First Meeting Of The National Startup Advisory Council (NSAC): The first meeting of the National Startup Advisory Council (NSAC) was held recently. National Startup Advisory Council constituted by the ‘Department for Promotion of Industry and Internal Trade (DPIIT). Its role is to advise the Government on measures needed to build a strong ecosystem for […]
Dolphin Census : Final Data
Final Data On The Dolphin Census: Odisha has released the final data on the dolphin census, indicating a spectacular growth in numbers. The population of dolphins in Chilika, India’s largest brackish water lake, and along the Odisha coast has doubled this year (2021) compared with last year. Three species were recorded during the census, with […]
MANAS: App To Promote Wellbeing Across Age Groups.
MANAS App: The Principal Scientific Adviser to the Government of India launched the “MANAS” App to promote wellbeing across age groups. MANAS which stands for Mental Health and Normalcy Augmentation System was endorsed as a national program by the Prime Minister’s Science, Technology, and Innovation Advisory Council (PM-STIAC). MANAS is a comprehensive, scalable, and national […]
Regional Comprehensive Economic Partnership (RCEP) Pact
Regional Comprehensive Economic Partnership (RCEP) Pact: Singapore’s Foreign Minister Vivian Balakrishnan recently said that he hoped India would “reassess” its stand on regional trading agreements such as the Regional Comprehensive Economic Partnership (RCEP) pact that India withdrew from in 2019. India had “a crucial role” to play in helping the region build an inclusive architecture […]
S-400 Missile System: India And Russia Deal
S-400 Missile System:: Russian Ambassador to India Nikolai Kudashev recently confirmed that both India and Russia are “committed” to completing their contract for the S-400 missile system, due to be delivered to India at the end of the year. He said both countries opposed U.S. sanctions on the issue. The S-400 deal could attract sanctions […]
Child Labour And Forced Labour In India
Child Labour And Forced Labour In India: A recent study has raised the issue of ambiguity about definitions of child labour and forced labour in India, especially for sugarcane producing states of Bihar, Karnataka, Maharashtra, Punjab, and Uttar Pradesh. The study was commissioned by the United Nations Development Programme (UNDP) and The Coca-Cola Company. Findings […]
B R Ambedkar: 130th Birth Anniversary
B R Ambedkar: 130th Birth Anniversary: The nation celebrated the 130th birth anniversary of B R Ambedkar on 14th April 2021. Dr. Ambedkar was a social reformer, jurist, economist, author, polyglot (knowing or using several languages) orator, a scholar and thinker of comparative religions. Birth: Babasaheb Dr. Bhimrao Ambedkar was born in 1891 in Mhow, […]
Mettur-Sarabanga Lift Irrigation Project
Mettur-Sarabanga Lift Irrigation Project: National Green Tribunal has allowed the Tamil Nadu government to proceed with the Mettur-Sarabanga lift irrigation project and has dismissed an application seeking a stay on the project. The application claimed that prior environmental clearance was not obtained before work for the project commenced. It also alleged irregularity in the construction […]