Author: ForumIAS

Audit for FDI norms must for e-com firms

News:The government has issued new rules that makes it compulsory for e-commerce companies with foreign investments to submit an audit report every year. Facts: About the new rules: The rules will be applicable on E-commerce companies with foreign investments such as Amazon, Flipkart among others. These companies have to submit a report prepared by statutory… Continue reading Audit for FDI norms must for e-com firms

OPEC countries, Russia to cut oil output, pushing up prices

News:The Organization of Petroleum Exporting Countries(OPEC) and Russia has reached a deal deepening their output cuts.This deal is aimed at reducing surplus oil and to bolster crude prices. Facts: About OPEC: The Organization of the Petroleum Exporting Countries(OPEC) is a permanent, intergovernmental Organization. It was created at the Baghdad Conference in 1960 by Iran, Iraq,… Continue reading OPEC countries, Russia to cut oil output, pushing up prices

Carbon Markets

Facts: Carbon Market: It is a term used for a trading system through which countries may buy or sell units of CO2 emissions in an effort to meet their national limits on emissions. Carbon markets under the Kyoto Protocol: Under the Kyoto Protocol, three carbon markets were established. The aim was to reduce greenhouse gas… Continue reading Carbon Markets

India’s first HAM project in sewerage sector

News:India’s first Hybrid annuity model(HAM) in sewerage sector,a Sewage Treatment Plant (STP) was inaugurated in Sarai,Haridwar. Facts: About the Sarai Sewage Plant Project: The Plant is based on advanced aerobic biological process Sequential Batch Reactor(SBR) process. The project has been built under the Namami Gange project of National Mission for Clean Ganga(NMCG). The project is… Continue reading India’s first HAM project in sewerage sector

Kyoto protocol’s Adaptation Fund:

About Adaptation Fund The Adaptation Fund was set up in 2001 under the Kyoto Protocol. It seeks to finance projects and programmes in developing countries to adapt to the harmful effects of climate change. The Adaptation Fund is financed by a 2% levy on certified emission reduction (CERs) issued by the Clean Development Mechanism (CDM).… Continue reading Kyoto protocol’s Adaptation Fund:

India has one of the highest unemployment rates in women

News: According to the OECD Economic Survey of India report, India is one of the worst countries for working women. Facts: According to the report, India has the largest difference between the employment rates of women and men among OECD nations at 52%. India is followed by Turkey. The employment gap between women and men… Continue reading India has one of the highest unemployment rates in women

Planet orbiting white dwarf star is a breakthrough discovery

News: Astronomers from the University of Warwick’s Department of Physics and the Millennium Nucleus for Planet Formation (NPF) at the University of Valparaiso have found the first-ever evidence of a planet orbiting a dead white dwarf star. Facts: The star is around 2000 light-years away from Earth. The planet orbits the white dwarf every ten… Continue reading Planet orbiting white dwarf star is a breakthrough discovery

Ministry of Tribal affairs to Announce Achievements of ‘Prime Minister Van Dhan Yojana’

News: Ministry of Tribal Affairs will announce the 100 days achievements of ‘Prime Minister Van Dhan Yojana’. The Ministry will also launch the international fashion designer Ms. Ritu Beri as Chief Design Consultant for TRIFED to promote tribal arts & culture. Facts: About Prime Minister Van Dhan Yojana Pradhan Mantri Van Dhan Yojana (PMVDY) is… Continue reading Ministry of Tribal affairs to Announce Achievements of ‘Prime Minister Van Dhan Yojana’

7 PM | Taking it personally: Data Protection Bill| 7th December 2019

Context: The Personal Data Protection Bill. More in news: The Personal Data Protection Bill could be introduced in either house of the Parliament in the current Winter Session which will conclude on December 13. Personal Data: According to the Justice B. N. Srikrishna committee of experts on a Data Protection Framework for India, “personal data… Continue reading 7 PM | Taking it personally: Data Protection Bill| 7th December 2019

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