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G7 Digital Trade Principles

G7 Digital Trade Principles: The Group of Seven (G7) wealthy nations agreed on a joint set of principles to govern cross-border data use and digital trade. The deal is a first step in reducing trade barriers, and could lead to a common rulebook of digital trade. Earlier, India attended the 47th G7 Summit as a […]

Singapore International Arbitration Centre (SIAC)

Singapore International Arbitration Centre (SIAC): The Singapore-based arbitrator, SIAC, has rejected Future Retail’s plea to lift the interim stay on its ₹24,713-crore deal with Reliance Retail, giving a major relief to Amazon that is contesting the transaction. This order now restrains Future Group and Reliance Industries Limited from proceeding with a Rs 24,713-crore deal signed […]

Turkey On FATF Grey List

Turkey On FATF Grey List: The Financial Action Task Force (FATF) has added Turkey, along with Jordan and Mali, in its revised list of “jurisdictions under increased monitoring”, also known as the FATF grey list. There are now 23 countries in the list. If countries fail to prevent international money laundering and terrorist financing, then […]

Uighurs

Uighurs: Forty-three countries have called on China to “ensure full respect for the rule of law” for the Muslim Uighur community in Xinjiang. The declaration accused China of a litany of human rights violations against the Uighurs, including torture, forced sterilisation and forced disappearances. China should allow immediate, meaningful and unfettered access to Xinjiang for […]

BharatNet Project

BharatNet Project: Tamil Nadu FibreNet Corp signs agreement for BharatNet project implementation. The project aims at providing 1 Gbps bandwidth connectivity to all Gram Panchayats. BharatNet Project was originally launched in 2011 as the National Optical Fibre Network(NOFN) and renamed as Bharat-Net in 2015. It seeks to provide connectivity to 2.5 lakh Gram Panchayats (GPs) […]

New Gene Editing Technique

New Gene Editing Technique: Even as the Centre investigates allegations that unauthorised genetically modified (GM) rice was exported to Europe, it is yet to decide on a research proposal from its own scientists which would allow plants to be genetically modified without the need for conventional transgenic technology. Scientists at the Indian Agricultural Research Institute […]

Child Sexual Exploitation And Abuse Online: WeProtect Global Alliance

Child Sexual Exploitation And Abuse Online: The Global Threat Assessment report 2021, launched by WeProtect Global Alliance, said COVID-19 had contributed to a significant spike in child sexual exploitation and abuse online. WeProtect Global Alliance is a global movement of more than 200 governments, private sector companies and civil society organisations working together to transform […]

FATF Retains Pakistan On Grey List

FATF Retains Pakistan On Grey List: The Financial Action Task Force (FATF) retained Pakistan in the ‘greylist’ or ‘increased monitoring list’. The FATF also announced the ‘greylisting’ of Jordan, Mali and Turkey. Botswana and Mauritius had been taken out of the grey list. Pakistan is retained for failing to effectively implement the global FATF standards […]