Pilibhit Tiger Reserve: Uttar Pradesh: A herd of Elephants from Shuklaphanta National Park reached the Pilibhit Tiger Reserve (Uttar Pradesh) and damaged crops of farmers. The Shuklaphanta National Park is a protected area in the Terai of the Far-Western Region, Nepal. It is located in Pilibhit district, Lakhimpur Kheri District and Bahraich District of […]
Tag: 15th Sep 2021
IRDAI (Trade Credit Insurance) Guidelines, 2021
IRDAI (Trade Credit Insurance) Guidelines, 2021: The Insurance Regulatory and Development Authority of India (IRDAI) has issued revised guidelines for trade credit insurance. Trade credit insurance protects businesses against the risk of non-payment for goods and services. It usually covers a portfolio of buyers and indemnifies an agreed percentage of an invoice or invoices […]
REX MKII: Armed Robot
REX MKII: Armed Robot: Israel Aerospace Industries unveiled a remote-controlled armed robot ‘REX MKII’, which can patrol battle zones, track infiltrators and open fire. The use of robots in the war involves dealing with ethical dilemmas. The proponents say that such semi-autonomous machines allow armies to protect their soldiers, while critics fear this marks […]
Groundswell Report On Climate Change
Groundswell Report On Climate Change: The Report was recently released by the World Bank. It examined how the impacts of slow-onset climate change, such as water scarcity, decreasing crop productivity and rising sea levels, could lead to millions of what it describes as “climate migrants” by 2050. Highlights and key findings of the report: […]
National Financial Reporting Authority (NFRA)
National Financial Reporting Authority (NFRA): As it seeks to enhance engagement with stakeholders, the National Financial Reporting Authority (NFRA) will set up a single stakeholders’ advisory group as well as a research cell to support the group. A large majority of the respondents have expressed the urgent need for a settlement mechanism rather than […]
T+1 Settlement System: SEBI
T+1 Settlement System: If stock Markus exchanges agree to the proposal for the T+1 settlement system made by the Securities and Exchange Board of India (Sebi), investors will get money for shares they sold or bought in their accounts faster, and in a safer and risk-free environment. On September 7, Sebi allowed stock exchanges to […]
What are Bio-Decomposers?
Bio-Decomposer: Terming the bio-decomposer technique a “smashing success” at curbing stubble burning in the Capital, Chief Minister Arvind Kejriwal appealed to the Centre to ask the neighbouring States to use the same to prevent pollution. The burning of paddy stubble left in the fields after harvest has been a cause of concern for the past […]
Climate Action And Finance Mobilization Dialogue (CAFMD)
Climate Action And Finance Mobilization Dialogue (CAFMD): India and the United States of America (USA) launched the “Climate Action and Finance Mobilization Dialogue (CAFMD)”. The CAFMD is one of the two tracks of the India-U.S. Climate and Clean Energy Agenda 2030 partnership launched at the Leaders’ Summit on Climate in April 2021, by Prime Minister […]
Insolvency And Bankruptcy Code (IBC)
Insolvency And Bankruptcy Code (IBC): The Supreme Court has said “judicial delay” was the main reason for the failure of the insolvency regime in India prior to the 2016 Insolvency and Bankruptcy Code (IBC), as it urged company law tribunals to “strictly adhere” to the timelines under the new law and clear pending resolution plans. […]
Input Tax Credit (ITC): GST
Input Tax Credit (ITC): The Supreme Court has confirmed a Madras High Court judgment which upheld a fiscal formula included in the Central Goods and Service Tax Rules to execute refund of unutilised Input Tax Credit (ITC) accumulated on account of input services. The Madras HC had held last year that Section 54(3) of the […]
