Cairn’s Offer On Retrospective Tax: Moving quickly towards ending a retrospective tax dispute with a firm that gave India its largest oilfield, the government has accepted Cairn Energy PLC undertakings which would allow for the refund of taxes. The company will now be issued a ₹7,900 crore refund. In December 2020, a three-member international arbitral […]
Tag: 20th Nov 2021
Battle Of Rezang La: 59th Anniversary
59th Anniversary Of The Battle Of Rezang La: November 18 marks the 59th anniversary of the Battle of Rezang La. A memorial was inaugurated on the occasion. Rezang La is a mountain pass on the Line of Actual Control in Ladakh. It is located between village of Chushul and the Spanggur Lake that stretches across […]
India Becomes The Highest Recipient Of Remittances
India Becomes The Highest Recipient Of Remittances: According to the World Bank’s Migration and Development Brief, India has become the world’s largest recipient of Remittances, receiving USD 87 billion (a gain of 4.6 % from previous year) in 2021. India is followed by China, Mexico, the Philippines, and Egypt. The United States being the biggest […]
Protection Of Children From Sexual Offences Act (POCSO)
Protection Of Children From Sexual Offences Act (POCSO): The Supreme Court quashed a Bombay High Court decision to acquit a man charged with assault under the Protection of Children from Sexual Offences Act (POCSO) solely on the grounds that he groped the child over her clothes without “skin-to-skin” contact. “The act of touching a sexual […]
Shale Oil And Gas
Shale Oil And Gas: Cairn India will partner US-based Halliburton to start shale exploration in the Lower Barmer Hill formation, Western Rajasthan. Shale Oil and Gas: Tight Oil: The key difference between shale oil and conventional crude is that the former, also called ‘tight oil’, is found in smaller batches, and deeper than conventional crude […]
Coal : Sustainable Development Plan
Coal : Sustainable Development Plan Union Ministry of Coal of India has moved forward with a comprehensive Sustainable Development Plan. A full-fledged Sustainable Development Cell (SDC) in Ministry of Coal has been established to advice, mentor and plan action to minimise the adverse impact of mining. In line with the commitment of our country to […]
Wings India, 2022
Wings India, 2022: Jyotiraditya M. Scindia, Union Minster of Civil Aviation here today inaugurated a curtain raiser event about Wings India, 2022 which is Asia’s largest event on Civil Aviation (Commercial, General and Business Aviation). The minister appreciated the efforts the Civil Aviation Ministry, AAI and FICCI with the support of MEA and states government […]
Panchayats Extension To Scheduled Areas (PESA) Act 1996
Panchayats Extension To Scheduled Areas (PESA) Act 1996: The Union Minister of Tribal Affairs Arjun Munda and the Union Minister for Rural Development & Panchayati Raj Giriraj Singh jointly inaugurated the one-day National Conference on provisions of the Panchayats Extension to Scheduled Areas (PESA) Act 1996 (PESA) in New Delhi. PESA seeks to protect the […]
What is Digital Lending?
Digital Lending: A Reserve Bank of India (RBI) Working Group (WG) on digital lending, including lending through online platforms and mobile apps has submitted its recommendations. Key recommendations: A separate legislation should be enacted to oversee such lending. Setup a nodal agency to vet the Digital Lending Apps. A Self-Regulatory Organisation should be set up […]
Sydney Dialogue: India 2021
The Sydney Dialogue: The Prime Minister delivered the keynote at the inaugural Sydney Dialogue via video conferencing. He spoke on the theme of India’s technology evolution and revolution. Highlights of the Address: The international order should ensure cryptocurrencies do not end up in the wrong hands. Citing the unregulated nature of the crypto market, recently, […]
