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Anti-Dumping Duty on Copper Products

Anti-Dumping Duty: The government has decided not to impose Anti-Dumping Duty (ADD) on imports of certain copper products, from China, Thailand, Korea and three other countries. In April, Directorate General of Trade Remedies (DGTR) recommended imposing the duty on “copper and copper alloy flat-rolled products” from China, Korea, Malaysia, Nepal, Sri Lanka and Thailand, after […]

India Joins OECD/G20 Inclusive Framework Tax Deal

India Joins OECD/G20 Inclusive Framework Tax Deal: India and the majority of the members of OECD-G20 Inclusive Framework on Base Erosion and Profit Shifting (BEPS) have joined a new two-pillar plan to reform international taxation rules. The two-pillar plan – inclusive framework tax deal on Base Erosion and Profit Shifting (BEPS)- seeks to reform international […]

Organization Of The Petroleum Exporting Countries Plus (OPEC+)

Organization Of The Petroleum Exporting Countries (OPEC+) Plus: The United Arab Emirates (UAE) pushed back against a plan by the Organization of the Petroleum Exporting Countries (OPEC+) Plus group to extend the global pact to cut oil production beyond April 2022. The Output Pact & Fluctuating Oil Price: The OPEC+ group of countries had, in […]

Forest Rights Act (FRA)

Forest Rights Act (FRA): Ministry of Tribal Affairs and Ministry of Environment have jointly decided to give more powers to the tribal communities in managing the forest resources. A “Joint Communication” to this effect has been signed. The Joint Communication, pertains to effective implementation of the Scheduled Tribes and Other Traditional Forest Dwellers (Recognition of […]

Discrete Auroras On Mars Captured by Hope

Discrete Auroras On Mars: The UAE’s Hope spacecraft, which is orbiting Mars since February this year, has captured images of glowing atmospheric lights known as discrete auroras. Uniqueness of these auroras: Unlike auroras on Earth, which are seen only near the north and south poles, discrete auroras on Mars are seen all around the planet […]