Three horses test positive for Glanders disease, euthanized

Three horses in Uttar Pradesh have been euthanized after a report by Hisar-based National Research Centre on Euquines (NRCE) report confirmed that they tested positive for Glanders disease.   Glanders is a zoonotic infectious disease caused by the bacterium Burkholderia mallei. Glanders is primarily a disease affecting horses, but it also affects donkeys, mules, goats,… Continue reading Three horses test positive for Glanders disease, euthanized

World Elder Abuse Awareness Day is being observed today

World Elder Abuse Awareness Day is being observed on 15th June. World Elder Abuse Awareness Day is observed on the 15th of June every year to voice opposition to the abuse and suffering inflicted on elderly people. The United Nations General Assembly, in 2011, designated June 15 as World Elder Abuse Awareness Day. The recognition… Continue reading World Elder Abuse Awareness Day is being observed today

India to impose retaliatory tariffs on 29 U.S. goods from June 16

India has decided to impose the long pending retaliatory tariffs on 29 US products after US had withdrawn Generalized system of preferences (GSP) for Indian exporters. This action comes a year after the notification for the retaliatory tariffs was issued in 2018 in response to penal duties imposed on Indian aluminium and steel by the… Continue reading India to impose retaliatory tariffs on 29 U.S. goods from June 16

Swiss women across the country rise up for equal pay

Thousands of women across Switzerland have recently held a strike for equal pay for equal work.   Women in Switzerland on average still earn 20% less than men. According to Global Wage Report 2018-19, Women are paid the most unequally in India, compared to men, when it comes to hourly wages for labour. On average,… Continue reading Swiss women across the country rise up for equal pay

India gets $42-billion FDI inflows in 2018: UN report

According to UNCTAD’s World Investment Report 2019,Foreign Direct Investment (FDI) into India has increased by 6% to $42 billion in 2018. The sectors which received the strong inflows includes (a)manufacturing, (b)communication (c)financial services (d)cross-border merger and (e)acquisition activities. The report ranks India at 10th position amongst the top recipients of FDI in 2018. The report… Continue reading India gets $42-billion FDI inflows in 2018: UN report

India slips to 141 in annual Global Peace Index; Iceland retains top spot

The Global Peace Index(GPI) 2019 has been released.India has been ranked at 141 among 163 countries.The ranking of India in 2018 was the 136th. The GPI is a report produced by the Institute for Economics and Peace (IEP) and developed in consultation with an international panel of peace experts from peace institutes and think tanks… Continue reading India slips to 141 in annual Global Peace Index; Iceland retains top spot

S Jaishankar flags off first batch of pilgrims for Kailash Mansarovar Yatra

India’s External Affairs Minister has flagged off the first batch of pilgrims for this year’s Kailash Mansarovar Yatra. Kailash Manasarovar Yatra(KMY) is known for its religious value and cultural significance.Being significant to Hindus as the abode of Lord Shiva,it holds religious importance also for the Jains and the Buddhists. The Yatra is organized by the… Continue reading S Jaishankar flags off first batch of pilgrims for Kailash Mansarovar Yatra

Black or grey: What next for Pakistan at FATF?

The Financial Action Task Force(FATF) will hold its Plenary and Working Group meeting from 16th June,2019. The plenary could take up a proposal to downgrade Pakistan to the blacklist on terrorist financing from its current greylisted status. Pakistan has been under the FATF’s scanner since June,2018 when it was put on the greylist for terror… Continue reading Black or grey: What next for Pakistan at FATF?

Multilateral instrument to curb tax treaty abuse

The Union Cabinet has approved the ratification of the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (MLI). The Multilateral Convention is an outcome of the OECD and G20 Project to tackle Base Erosion and Profit Shifting(BEPS Project). The BEPS Project objective is to tackle base erosion and… Continue reading Multilateral instrument to curb tax treaty abuse

SEBI directs rating agencies to disclose probability of default

The Securities and Exchange Board of India (Sebi) has prescribed guidelines to strengthen the disclosures made by credit rating agencies to enhance the rating standards. SEBI has asked credit rating agencies(CRAs) to start disclosing a probability of default(PD) benchmark for the companies rated by them. Probability of default(PD) is a financial term describing the likelihood… Continue reading SEBI directs rating agencies to disclose probability of default

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