What Is a ‘Poison Pill’ Defence? Twitter countered Elon Musk’s offer to buy the company for more than $43 billion with a corporate tool known as a poison pill, a defensive strategy by boardrooms trying to fend off takeovers. This defense mechanism was developed in the 1980s as company leaders, facing corporate raiders and hostile […]
Category: Current Affairs
Russia As a “State Sponsor Of Terrorism”
Russia As a “State Sponsor Of Terrorism”: Ukraine has requested US to designate Russia as a “state sponsor of terrorism”. The designation would activate perhaps the harshest suite of sanctions available with the US against Russia. The US Secretary of State (the minister primarily in charge of foreign relations) has the power to designate countries […]
National Cyber Security Strategy
National Cyber Security Strategy: In 2020, the National Cyber Security Strategy was conceptualised by the Data Security Council of India (DSCI) headed by Lt General Rajesh Pant. The report focused on 21 areas to ensure a safe, secure, trusted, resilient, and vibrant cyberspace for India. However, amid a surge in cyberattacks on India’s networks, the […]
Award For Excellence To UDAN Scheme
Award For Excellence To UDAN Scheme: The UDAN (UdeDeshkaAamNagrik) Scheme has been selected for Prime Minister’s Award for Excellence in Public Administration 2020 under the category “Innovation (General) – Central”. The Ministry of Civil Aviation will receive the award on 21st April,i.e. Civil Service Day. The government of India celebrates Civil Services Day, every year […]
Remission Of Duties And Taxes On Export Products (RoDTEP) Scheme
Remission Of Duties And Taxes On Export Products (RoDTEP) Scheme: The government had left out sectors such as iron and steel, chemicals and pharmaceuticals, from the Remission of Duties and Taxes on Export Products (RoDTEP) scheme. These sectors were omitted from the scheme, as iron and steel were ‘already booming’ and the pharma industry’s business […]
World Haemophilia Day 2022: Theme
World Haemophilia Day: World Haemophilia day is celebrated on 17th April every year, aiming to increase awareness about haemophilia and other inherited bleeding disorders. The day is celebrated in the honour of Frank Schnabel, founder of the World Federation of Haemophilia (WHF). This year’s (2022) theme is “Access for All: Partnership. Policy. Progress. Engaging your […]
World Heritage Day 2022
World Heritage Day 2022: Every year, 18th April is celebrated as International Day for Monuments and Sites, also known as ‘World Heritage Day’. The theme for World Heritage Day 2022 is “Heritage and Climate”. World Heritage Day: The International Council on Monuments and Sites (ICOMOS) established the day in 1982 and the United Nations Educational, […]
40th Hunar Haat
40th Hunar Haat: The 40th edition of the ‘Hunar Haat’ was inaugurated in Mumbai. In this edition, more than a thousand craftsmen and artisans coming from 31 states and Union Territories participated. Hunar Haat has been conceptualized to protect and promote the country’s ancestral legacy of arts and crafts in the current global competition and […]
Vaquita Porpoise: Little Cow
Vaquita Porpoise: Little Cow According to the United States Commission for Environmental Cooperation (CEC), Vaquita porpoise (Phocoena sinus) is nearing extinction and immediate measures are needed to save the remaining population. Porpoises are among the smallest members of the cetacean family (whales, porpoises and dolphins). They are only distant relatives of dolphins (they last had […]
Draft Uniform Code For Medical Device Marketing Practices
Draft Uniform Code For Medical Device Marketing Practices: The Department of Pharmaceuticals (DoP) recently published the draft Uniform Code for Medical Device Marketing Practices (UCMDMP), which is aimed at bringing in a voluntary code to regulate fair marketing practices by the medical device industry. It also aims at giving the industry an identity, apart from […]
