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Quad Grouping and China

Quad As An Attempt For Containment: China China’s Consul General: China’s Consul General in Mumbai has described Quad as “an attempt for containment”. Because, Quad advocates so-called democratic alliance, and targets certain specific countries in an attempt for containment.” The reference to Quad indicates Beijing’s deep annoyance with a grouping that intends to curtail its […]

New Rules For Increased FDI In Insurance Sector

New Rules For Increased FDI In Insurance Sector:   The Ministry of Finance amended Indian Insurance Companies (Foreign Investment) Rules, 2015, and clarified the final rules for increased FDI (Foreign Direct Investment) in the Insurance Sector. Parliament had passed the Insurance Amendment Bill 2021 to increase the FDI limit in the insurance sector to 74% […]

Pension Fund Regulatory and Development Authority

The Pension Fund Regulatory and Development Authority: The Pension Fund Regulatory and Development Authority (PFRDA) crossed the milestone of Rs 6 lakh crore (Rs 6 trillion) of Assets Under Management (AUM) under the National Pension System (NPS) and Atal Pension Yojana (APY), after 13 years. Pension Fund Regulatory and Development Authority (PFRDA) is the statutory […]

Miniature Sculpture of the Buddha found in Udupi

Miniature sculpture of the Buddha found in Udupi: The Buddha was found among debris removed from an abandoned well at Alembi in Udupi district in Karnataka.Traditionally, the ancient Tulu Nadu was said to be ruled by the Kadambas of Banavasi. The Guptas and the Kadambas of Banavasi had matrimonial relations. Hence, the discovery of the […]

Intermediaries and Digital Media Ethics Code Rules, 2021 : Guidelines

Guidelines for Intermediaries and Digital Media Ethics Code Rules, 2021: New IT rules to regulate digital content, featuring a code of ethics and a three-tier grievance redressal framework, have come into force (May 26). On February 25, the Centre framed the Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules 2021, in the exercise […]

WHO BioHub Initiative

WHO BioHub Initiative: The World Health Organization (WHO) and Switzerland have launched a BioHub facility that will allow pathogens sharing between laboratories and facilitate “analysis and preparedness” against them. The facility will help in the safe reception, sequencing, storage and preparation of biological materials for distribution to other laboratories, so as to facilitate global preparedness […]