Source: TOI What is the News? Securities Exchange Board of India (SEBI) has approved various amendments to rules governing the appointment, re-appointment, and removal of Independent Directors. Who are Independent Directors? An independent Director is a director on a board of directors representing minority shareholders. He/she does not have a pecuniary relationship with the company… Continue reading SEBI tightens norms related to independent directors
Category: Daily Factly articles
Justice Department launches “Enforcing Contracts Portal”
Source: PIB What is the News? The Department of Justice has launched the “Enforcing Contracts Portal”. Background: The Doing Business Report is the flagship publication of the World Bank Group. It benchmarks business regulations in 191 economies. The Ease of Doing Business (EoDB) index ranks countries. It is an indication of an economy’s position relative… Continue reading Justice Department launches “Enforcing Contracts Portal”
National Remote Sensing Centre(NRSC) launches NHP-Bhuvan Portal
Source: PIB What is the News? The Government of India has launched the NHP –Bhuvan portal of the National Remote Sensing Centre(NRSC). About NHP –Bhuvan Portal: The National Hydrology Project or NHP-Bhuvan Portal is a repository of information on the initiatives undertaken by NRSC under NHP (National Hydrology Project). The portal also has a facility… Continue reading National Remote Sensing Centre(NRSC) launches NHP-Bhuvan Portal
Explained: Ration card reform, so far
Source: Indian Express What is the News? The Supreme Court has directed all states and Union Territories to implement the One Nation, One Ration Card (ONORC) system by July 31st,2021. What is One Nation One Ration Card (ONORC)? The ONORC scheme is aimed at enabling migrant workers and their family members to buy subsidized ration… Continue reading Explained: Ration card reform, so far
FTAs with key nations will boost exports, attract more investments: FIEO
Source: Business Standard What is the News? Federation of Indian Exports Organization (FIEO) has said that signing free trade agreements (FTAs) with India’s major trading partners such as the United States, UK, EU, Australia will boost exports and help in attracting more foreign investments into the country. What are FTAs (Free Trade Agreements)? FTAs are… Continue reading FTAs with key nations will boost exports, attract more investments: FIEO
Repeal draft Cinematograph Bill: film fraternity writes to I&B ministry
Source: Indian Express What is the News? The Film Fraternity has written a letter to the Ministry of Information and Broadcasting(I&B) to withdraw the Draft Cinematograph (Amendment) Bill, 2021. About the Draft Cinematograph (Amendment) Bill 2021. The Draft Cinematograph (Amendment) Bill 2021 makes an amendment to the Cinematograph Act,1952. The bill gives the union government… Continue reading Repeal draft Cinematograph Bill: film fraternity writes to I&B ministry
No HC relief to digital news portals seeking stay on IT rules
Source: The Indian Express What is the news: The digital news portals seek a stay on the applicability of the Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021 on digital news media. But the Delhi High Court has declined to pass any order in favor of the digital news portals. What did the… Continue reading No HC relief to digital news portals seeking stay on IT rules
World Bank’s Global Economic Prospects (GEP)
Source: Livemint Syllabus: Indian Economy and issues relating to planning, mobilization, of resources Synopsis: The World Bank releases a Global Economic Prospects (GEP) report twice a year. It is the most important source for evaluating the current and future outlook for emerging markets and developing economies (EMDEs). The recently released edition is significant because of the… Continue reading World Bank’s Global Economic Prospects (GEP)
Govt Plans national stockpile of life-saving drugs
Source: TOI What is the News? The Government of India is in discussions with the pharma and medical devices industry to create a “National Stockpile of Life Saving Drugs and Vital Equipment” to combat the third Covid wave. What is the current system of Life Saving Drugs Storage? Currently, the government is undertaking only a… Continue reading Govt Plans national stockpile of life-saving drugs
Hope to resolve Covishield-EU issue soon, says Adar Poonawalla
Source: The Hindu What is the news? Serum Institute of India (SII) Chief Executive Officer has raised the issue of the European Union’s (EU) ‘Green Pass’ at the highest level in the EU. What is the issue? A lot of Indian travellers, who are vaccinated with Covishield may not be eligible for the European Union’s ‘green pass’.… Continue reading Hope to resolve Covishield-EU issue soon, says Adar Poonawalla
