India-Mauritius Tax Treaty: India and Mauritius amended their double taxation avoidance agreement (DTAA) to include a principal purpose test (PPT) aimed at curbing tax avoidance. However, the amended protocol has not been ratified or notified by the Income Tax Department. There were concerns that investments through Mauritius might face increased scrutiny by tax authorities, potentially […]
Category: Current Affairs
PACE Satellite
PACE Satellite: NASA is now publicly distributing science-quality data from its newest Earth-observing PACE satellite. The Plankton, Aerosol, Cloud, ocean Ecosystem (PACE) satellite is placed in Sun-synchronous orbit. The primary science instrument for PACE is the Ocean Colour Instrument(OCI) which is designed to measure the ocean’s colour across a spectrum from ultraviolet to shortwave infrared. […]
Kuchipudi : Struggle
Kuchipudi : Struggle Kuchipudi artists are struggling for survival and going through a tough phase due to lack of patronage. Kuchipudi is one of the Indian Classical dance belongs to the Andhra Pradesh. It was originally performed by a group of itinerant actors known as Bhagavathalu, who would travel from village to village, performing plays […]
Global Forest Watch : Report
Global Forest Watch : Report India has lost 2.33 million hectares of tree cover since 2000, according to the latest data from the Global Forest Watch monitoring project. Global Forest Watch (GFW) is an open-source web application to monitor global forests in near real-time using satellite data and other sources. It is a project of […]
Financial Services Institutions Bureau
Financial Services Institutions Bureau: FSIB recently recommended the name of SIDBI Chairman and Managing Director. FSIB has recommended Manoj Mittal as the Chairman and Managing Director of Small Industries Development Bank of India (SIDBI) and Sanjay Shukla as the Managing Director of National Housing Bank (NHB). Financial Services Institutions Bureau (FSIB): It’s a government body […]
Fort Emmanuel
Fort Emmanuel: Steps to conserve the laterite-brick remnants of Fort Emmanuel, that was built along the beachfront by the Portuguese in 1503. Fort Emmanuel is a ruined fort located at Fort Kochi Beach in Kochi, Kerala. It was originally built in 1503 and reinforced in 1538. It was a symbol of the strategic alliance between […]
New Features For The Unified Payments Interface
New Features For The Unified Payments Interface: The Reserve Bank of India (RBI) has recently introduced two new features for the Unified Payments Interface (UPI). These new features are poised to make UPI even more versatile and user-friendly, benefiting both consumers and financial institutions. New Features: UPI Access for Prepaid Payment Instruments (PPIs) through Third […]
Credit-Deposit Ratio : Reached Its Highest Level
Credit-Deposit Ratio : Reached Its Highest Level Data from the Reserve Bank of India (RBI) reveals that the credit-deposit ratio has reached its highest level in at least 20 years. This surge in the credit-deposit ratio indicates that more of the banks’ deposit base is being utilized for loans, including home loans and other consumption-related […]
Homoeopathy Symposium
Homoeopathy Symposium: The President of India inaugurated a two-day Homoeopathy Symposium, organised by the Central Council for Research in Homoeopathy on the occasion of the World Homoeopathy Day. Homeopathy is a system of medicine which is based on the concept that the body has an inherent ability to heal itself, and the role of the […]
Overseas Citizenship Of India : Expansion
Overseas Citizenship Of India : Expansion India has been contemplating extending the Overseas Citizenship of India (OCI) Card privileges to overseas Indians in Fiji and other nations after relaxing the rules for Suriname. In 2023, India announced an extension of the eligibility criteria for OCI card of the original Indian immigrants in Suriname, from the […]
