Inheritance Tax: A prominent political leader of India’s opposition party has expressed interest in the proposed legislation on Inheritance Tax. There has been a lot of discussion about using inheritance tax as a tool for redistribution of wealth to address Income Inequality in India. Inheritance tax is a tax paid for inheriting a property or […]
Category: Current Affairs
State Of The Climate In Asia : Report
State Of The Climate In Asia : Report Asia has warmed faster than the global average since 1960, the World Meteorological Organisation’s 2023 ‘State of the Climate in Asia’ report has said. According to the report, released on April 23, the Asian continent is struggling with extreme climate events like floods and heatwaves, with record-breaking […]
Regenerative Blue Economy : International Union For Conservation Of Nature
Regenerative Blue Economy : International Union For Conservation Of Nature The International Union for Conservation of Nature (IUCN) has released a report outlining a roadmap for a Regenerative Blue Economy (RBE). This approach goes beyond mere sustainability, aiming to actively restore and revitalize our oceans. The report proposes a hierarchical structure to categorize different interpretations […]
4th Session Of Intergovernmental Negotiating Committee
4th Session Of Intergovernmental Negotiating Committee: The fourth session of the Intergovernmental Negotiating Committee (INC-4) of the United Nations Environment Agency (UNEA) was held in Ottawa, Canada attracting participation from over 170 member states. This session is part of the ongoing negotiations to build a legally binding treaty on plastics pollution by the end of […]
Street Vendors Act
Street Vendors Act: The Street Vendors (Protection of Livelihood and Regulation of Street Vending) Act, 2014 celebrated its tenth anniversary, signifying a culmination of four decades of legal evolution and advocacy by street vendor movements in India. The Act was designed to protect and regulate street vending across Indian cities, involving local authorities in establishing […]
Kutch Ajrakh
Kutch Ajrakh: The Controller General of Patents, Designs, and Trademarks (CGPDTM) has bestowed the Geographical Indication (GI) certificate upon the traditional artisans of ‘Kutch Ajrakh,’ hailing from the vibrant region of Kutch in Gujarat. The Ajrakh is a textile craft, holds deep roots in the cultural tapestry of Gujarat, particularly in the regions of Sindh, […]
Supersonic Missile-Assisted Release Of Torpedo (SMART) System
Supersonic Missile-Assisted Release Of Torpedo (SMART) System: The Defence Research and Development Organisation (DRDO) tested a next-generation torpedo release system. Supersonic Missile-Assisted Release of Torpedo (SMART) System has been designed and developed by the Defence Research and Development Organisation. It was launched from a ground mobile launcher from the Dr APJ Abdul Kalam Island off […]
Antares
Antares: The Bengaluru-based Indian Institute of Astrophysics (IIA) has filmed the passing of the moon in front of Antares, a bright red star. Antares, also known as Alpha Scorpii, is the alpha, or brightest, star in the constellation Scorpius, and the 15th-brightest star in the whole night sky. It is a massive red supergiant star. […]
Peucetia chhaparajnirvin : Spider Species
Peucetia chhaparajnirvin : Spider Species Daryapur-based arachnologist recently identified a green lynx spider, named Peucetia chhaparajnirvin, which was never discovered earlier. Peucetia chhaparajnirvin is a new species of green lynx spider. The spider was found in Tal Chhapar Wildlife Sanctuary in Churu district of Rajasthan. The spider species has been named Peucetia chhaparajnirvin after the […]
Look Out Circulars
Look Out Circulars: The Bombay High Court recently held that public sector banks (PSBs) cannot recommend or request the issuance of Look Out Circulars (LOCs) against loan defaulters. Look Out Circulars (LOCs) is an instrument issued by the government as a directive to its immigration authorities to restrict and regulate the physical movement of a […]
