India-UK hold Financial Market dialogue via virtual mode

Source: PIB What is the News? India and the United Kingdom(UK) held the inaugural meeting of the India-UK Financial Markets Dialogue virtually. About India-UK Financial Markets Dialogue: India-UK Financial Markets Dialogue was established at the 10th Economic and Financial Dialogue (EFD) in October 2020 to deepen bilateral ties in the financial sector. The dialogue was… Continue reading India-UK hold Financial Market dialogue via virtual mode

Cairn says it has got court nod to attach 20 Indian assets in Paris

Source: The Hindu What is the News? Britain’s Cairn Energy Company has secured an order from a French court authorising the freezing of 20 Indian government properties in Paris valued at over 20 million euros. What is the issue all about? In 2006-07, Cairn UK had transferred shares of Cairn India Holdings to Cairn India,… Continue reading Cairn says it has got court nod to attach 20 Indian assets in Paris

Deaths by exposure to hazardous chemicals increased 29% between 2016 and 2019: WHO

Source: Down To Earth Contents1 What is the News?2 Deaths due to Hazardous Chemicals Exposure:3 Deaths due to other Hazardous Chemicals:4 Disability-adjusted life-years lost too What is the News? The World Health Organization(WHO) has released estimates on the Impact of hazardous chemicals on Public Health. Key Findings: Deaths due to Hazardous Chemicals Exposure: Deaths due… Continue reading Deaths by exposure to hazardous chemicals increased 29% between 2016 and 2019: WHO

China goes malaria-free with multi-pronged health strategy

  Source: The Hindu  What is the News? China has been awarded a malaria-free certification from the World Health Organization(WHO). This is a huge success for China, as it used to report 30 million cases of Malaria annually in the 1940s. Malaria Free Status for China: China is the first country in the WHO Western… Continue reading China goes malaria-free with multi-pronged health strategy

COVID-19 unemployment: Make agri-food systems equitable for youth, says UN report

Source: Down To Earth  What is the News? The Committee on World Food Security (CFS) has released a report titled “Promoting youth engagement and employment in agriculture and food systems”. Key Findings of the Report: COVID-19 has affected labour markets around the world. This has impacted the employment prospects for the youth more than those… Continue reading COVID-19 unemployment: Make agri-food systems equitable for youth, says UN report

OPEC’s output pact proposal: How will decision affect India?

Source: Indian Express What is the News? The meetings among the OPEC+ group of oil-exporting countries have stalled. Because the UAE has pushed back proposals, making an increase in crude oil supply conditional on an extension to an output agreement. Background: In April 2020, the OPEC+ countries had signed a two-year agreement. It included steep… Continue reading OPEC’s output pact proposal: How will decision affect India?

How India stands to gain from the proposed global minimum tax

Source: Livemint What is the News? India and the 129 countries have backed a Global Minimum Corporate Tax. It will keep multinational firms from avoiding taxes by shifting their profits to countries with low rates. What was the need for the Global Minimum Corporate Tax(GMCT) deal? Governments have long-faced the challenge of taxing global companies… Continue reading How India stands to gain from the proposed global minimum tax

India sees ‘consensus’ by Oct. on OECD-G20 global tax deal

Source: The Hindu, Business Standard, Livemint Contents1 What is the news?2 Rationale behind the deal3 How much additional tax revenue would be generated?4 India has agreed to a lower threshold. Why?5 Why some countries haven’t joined the agreement?6 How have big international corporations reacted? What is the news? A day after joining the OECD-G20 framework… Continue reading India sees ‘consensus’ by Oct. on OECD-G20 global tax deal

Pandemic increased vulnerability to human trafficking: U.S. report

Source: The Hindu What is the News? The U.S State Department has released the Trafficking in Persons report. About Trafficking in Persons report: Trafficking in Persons is an annual report released by the U.S State Department since 2001. Ranking: The report ranks countries in tiers based on their compliance with the minimum standard for eliminating… Continue reading Pandemic increased vulnerability to human trafficking: U.S. report

7th edition of Indian Ocean Naval Symposium(IONS)

Source: PIB What is the News? The 7th edition of Indian Ocean Naval Symposium(IONS) was hosted by the French Navy at La Réunion. About Indian Ocean Naval Symposium(IONS): Indian Ocean Naval Symposium(IONS) is a biennial forum conceived by the Indian Navy in 2008. Purpose: It is a voluntary initiative that seeks to increase maritime cooperation… Continue reading 7th edition of Indian Ocean Naval Symposium(IONS)

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