What is the News? According to Government data, India’s trade deficit has increased by 87.5% to a record $192 billion in 2021-22 from $102 billion in the previous financial year. India’s Merchandise Trade Deficit India’s Merchandise exports for 2021-22 were at a record high of $418 billion. Similarly, imports also increased by 43.18% to $610… Continue reading India’s trade deficit widens 87.5% to record $192 billion
Facial Recognition System(FRS) is to be implemented in phased manner
What is the News? The Minister of Civil Aviation has informed Lok Sabha that Facial Recognition System(FRS) is to be implemented in a phased manner. What is a Facial Recognition System(FRS)? The facial recognition system is part of the Digi Yatra initiative of the government for providing passengers with a seamless and hassle-free experience at… Continue reading Facial Recognition System(FRS) is to be implemented in phased manner
The partial rollback of the Armed Forces (Special Powers) Act
What is the News? The Ministry of Home Affairs has announced the reduction of “disturbed areas” under the Armed Forces (Special Powers) Act in Assam, Manipur and Nagaland with effect from April 1,2022. This decision was based on the recommendations of a committee that was constituted to study the possibility of withdrawing the AFSPA from… Continue reading The partial rollback of the Armed Forces (Special Powers) Act
The India-Australia Trade Agreement
What is the News? India and Australia have signed an Economic Cooperation and Trade Agreement (ECTA). The landmark bilateral trade pact is the second trade agreement India has signed this year, after inking a similar deal with the United Arab Emirates. What are the main provisions of the India-Australia ECTA? Indian Agriculture: Under this, Australia… Continue reading The India-Australia Trade Agreement
India, Turkmenistan sign 4 MoUs for cooperation, agree to expand bilateral trade
What is the News? The Indian President is on a visit to Turkmenistan. This is the first-ever visit of the President of India to independent Turkmenistan. What are the key highlights from the India-Turkmenistan meet? Agreements: The two countries signed four agreements, including in financial intelligence and disaster management, and agreed to expand bilateral trade… Continue reading India, Turkmenistan sign 4 MoUs for cooperation, agree to expand bilateral trade
Reviving butterflies in Delhi: Project on to create links via urban clusters for habitat connect
What is the News? Bombay Natural History Society(BNHS) has started working on a project to build butterfly corridors to revive the diminishing species in New Delhi. Butterfly Habitats Project in Delhi Started by: The Bombay Natural History Society(BNHS) in 2018. Aim: The project is focused on creating butterfly habitats and planting host plants for the… Continue reading Reviving butterflies in Delhi: Project on to create links via urban clusters for habitat connect
Competition Commission of India Revises Long Form for Merger & Acquisitions
What is the News? Competition Commission of India(CCI) has revamped the content and format of information regarding parties to a Combination. They need to file with the CCI when their post-merger market share exceeds a specified threshold. According to the revised format, parties to a Combination need to file a report to the CCI when… Continue reading Competition Commission of India Revises Long Form for Merger & Acquisitions
9 PM Daily Current Affairs Brief – April 5th, 2022
Dear Friends, We have initiated some changes in the 9 PM Brief and other postings related to current affairs. What we sought to do: Ensure that all relevant facts, data, and arguments from today’s newspaper are readily available to you. We have widened the sources to provide you with content that is more than enough… Continue reading 9 PM Daily Current Affairs Brief – April 5th, 2022
Criminal Procedure bill will not make Indians safer
News: Recently, the government has introduced the Criminal Procedure (Identification) Bill in the Lok Sabha. It seeks to replace the Identification of Prisoners Act, 1920 which regulates how the police can gather data from convicted or suspected criminals. The bill has generated a lot of controversy. What are the issues with the bill? – Read… Continue reading Criminal Procedure bill will not make Indians safer
India’s zinc-trade deficit with Korea tells why we need industry input on deals
News: India aspires to be the 3rd largest economy in the world by the year 2047. The government is working hard to make India self-reliant and play a bigger role in the global economy. In this context, Indian industry has been requesting the government to look into the existing trade pacts, especially India-South Korea CEPA… Continue reading India’s zinc-trade deficit with Korea tells why we need industry input on deals
