Synopsis: The OECD agreement on global tax on MNCs, its impact and benefits. Introduction International tax jurisprudence received a boost when 130 countries, on the proposal of OECD, agreed to introduce a new global tax regime for taxing multinational corporations (MNC’s) operating globally. The Global Financial Crisis of 2008 forced all countries to change the… Continue reading The global tax revolution
By 2030, early warnings on floods and droughts to be available for all: WMO
Source: This post is based on the article “By 2030, early warnings on floods and droughts to be available for all: WMO” published in “Down to Earth” on 20th October 2021. What is the news? At the ongoing World Meteorological Congress, World Meteorological Congress has endorsed the ‘Water Declaration’, wherein early warnings about floods and… Continue reading By 2030, early warnings on floods and droughts to be available for all: WMO
[Download] 10 PM Weekly Compilation – October, 2021 – 1st week
Hello, everyone. We are posting a Compilation of the 10 pm current affairs quiz – October 2021 – First week Click on the following link to download Download The 10 PM Daily Current Affairs Quiz is focused on the current affairs part of UPSC Prelims. The daily current affairs quiz consists of 10 questions based on the daily… Continue reading [Download] 10 PM Weekly Compilation – October, 2021 – 1st week
India’s race to secure Lithium – Opportunities and Challenges: Explained, pointwise
For 7PM Editorial Archives click HERE → Introduction First traces of Lithium in India were discovered in Karnataka’s Mandya district recently. The preliminary find is relatively small: a mere 1,600 tonnes of lithium deposits. Chile, on the other hand, has an estimated reserves of 9.2 million tonnes. If oil powered the world in the 20th century, Lithium could… Continue reading India’s race to secure Lithium – Opportunities and Challenges: Explained, pointwise
Plugging the leak: On the GM rice controversy
What is the news? Since June, the export of about 500 tonnes of rice from India has triggered an uproar in several European countries on the grounds that it was genetically modified (GM) rice. This emerged during a check by the European Commission’s Rapid Alert System for Food and Feed that was testing rice flour… Continue reading Plugging the leak: On the GM rice controversy
Pradhan Mantri Garib Kalyan Package: Insurance Scheme for Health Workers fighting COVID-19 extended for a further period of 180 days
What is the News? Pradhan Mantri Garib Kalyan Package (PMGKP): Insurance Scheme for Health Care Workers Fighting COVID-19 has been extended for 180 days with effect from October 21,2021.So far, 1,351 claims have been paid under the scheme. About Pradhan Mantri Garib Kalyan Package Insurance Scheme for health workers Fighting Covid-19 Launched by: It is… Continue reading Pradhan Mantri Garib Kalyan Package: Insurance Scheme for Health Workers fighting COVID-19 extended for a further period of 180 days
U.S. surgeons successfully test pig kidney transplant in human patient
What is the News? For the first time, a pig kidney has been transplanted into a human without triggering immediate rejection by the recipient’s immune system. This is a potentially huge milestone in the quest to use animal organs for human transplants. How was the transplantation done? The Pig was genetically engineered so that its… Continue reading U.S. surgeons successfully test pig kidney transplant in human patient
Bhaskarabda to be added to official Assam calendar
What is the News? Assam Government has announced that Bhaskarabda, a Luni-Solar Calendar, will be used as an official calendar. Note: Currently, the official calendar of the Assam government is the Saka calendar and the Gregorian calendar. However, the Bhaskarabda calendar will also be used from now onwards. What is Bhaskarabda Calendar? Bhaskarabda Calendar is… Continue reading Bhaskarabda to be added to official Assam calendar
Pandemic fuelled rise in child sexual abuse online: report
What is the News? The Global Threat Assessment report 2021 has been released by WeProtect Global Alliance. Note: WeProtect Global Alliance is a global movement of more than 200 governments, private sector companies and civil society organisations working together to transform the global response to child sexual exploitation and abuse online. What is the purpose… Continue reading Pandemic fuelled rise in child sexual abuse online: report
PM action plan: Single environment Act, birth certificate for citizenship, jobs clause in FTAs
What is the News? The Government of India has prepared a comprehensive 60-point action plan following the Prime Minister’s marathon meeting with secretaries of all departments and ministries. What are the key features of the 60 point action plan? The plan is targeted at specific ministries and departments and mainly focuses on three areas. These… Continue reading PM action plan: Single environment Act, birth certificate for citizenship, jobs clause in FTAs
