Knolls Archive of Day 25th of October 2024
BRICS bloc endorses India’s stance on EU’s carbon tax; pushes for local currency settlements
News: BRICS nations supported India’s stance on the European Union’s Cross Border Adjustment Mechanism (CBAM), calling it discriminatory. The BRICS grouping also highlighted the need to enable settlements in local currency, in line with the BRICS Cross Border Payments Initiative (CBPI). 1. Cross Border Adjustment Mechanism (CBAM): Carbon Border Adjustment Mechanism is a carbon tariff… Continue reading BRICS bloc endorses India’s stance on EU’s carbon tax; pushes for local currency settlements
1.5 degrees Celsius target will be ‘gone’ in a few years: UN report
News: The Emission Gap Report warned that the climate targets set by the Paris Agreement would be breached, unless the countries dramatically scale up their climate actions to reduce global emissions in two years. 1. Emission Gap Report: It assesses the gap between the current green house gas emissions and the levels needed to achieve… Continue reading 1.5 degrees Celsius target will be ‘gone’ in a few years: UN report
SEBI Chairperson Buch skips Parliament’s PAC summons
News: SEBI Chairperson has skipped the summons issued by the Public Accounts Committee (PAC), citing a personal exigency. 1. Securities and Exchange Board of India: SEBI is a statutory body established in 1992 under the provisions of SEBI Act, 1992. 2. Its primary objective is to protect the interests of investors in securities and to… Continue reading SEBI Chairperson Buch skips Parliament’s PAC summons
Justice Sanjiv Khanna appointed next CJI, to take oath on Nov. 11
News: The President has appointed Justice Sanjiv Khanna to be the Chief Justice of India, with effect from November 11, 2014, by exercising powers conferred by Clause(2) of Article 124 of the Constitution. 1. The Chief Justice of India and the other judges of the Supreme Court are appointed by the President by exercising powers… Continue reading Justice Sanjiv Khanna appointed next CJI, to take oath on Nov. 11
