Tag: the hindu

Explained | ‘Poison pill’ and other corporate defence mechanisms to prevent hostile takeovers

What is the News? Twitter is trying to thwart billionaire Elon Musk’s takeover attempt with a “Poison Pill”. This ​​would make it much more expensive and complicated for the Tesla CEO to take control of Twitter. Acquirer What is Poison Pill? Poison Pill is a corporate defense strategy utilized by a target company to prevent… Continue reading Explained | ‘Poison pill’ and other corporate defence mechanisms to prevent hostile takeovers

Experts question ‘star rating’ of food products likely to be recommended by FSSAI for packaged food

Contents1 What is the News?2 What is FSSAI Health Star Rating System for packaged food Products?3 Why have experts raised questions over FSSAI Health Star Rating System?4 What is the alternative to the HSR System suggested by experts? What is the News? According to experts, the Health Star Rating system that the Food Safety Standards… Continue reading Experts question ‘star rating’ of food products likely to be recommended by FSSAI for packaged food

The right price: on TRAI’s latest recommendations

News: The Telecom Regulatory Authority of India’s latest recommendations on the auction of airwaves identified for 5G services, particularly the pricing of spectrum, have triggered disappointment within the industry. Contents1 What are the concerns expressed by the telcos?2 What are the major challenges faced by telcos in India?3 What is TRAI’s rationale for the recommendations?4… Continue reading The right price: on TRAI’s latest recommendations

Cryptos and a CBDC are not the same thing

Context: Despite arguing against legitimising cryptos and calling them as Ponzi schemes, the RBI has announced that it will float a Central Bank Digital Currency (CBDC). RBI is clearly worried over the increasing popularity of Cryptos among Indian masses. But, a CBDC will not solve the RBI’s concerns regarding Crypto since it can function as… Continue reading Cryptos and a CBDC are not the same thing

India can criticise Russia’s Ukraine invasion 

News: Recently, India has been facing severe pressure from the west and especially from the US over its stand on the Russia-Ukraine conflict. India’s Ministry of External Affairs (MEA) has repeatedly abstained on multiple resolutions critical of Russia’s invasion in the UN forums. In fact, it has not directly mentioned Russia in the statements criticizing… Continue reading India can criticise Russia’s Ukraine invasion 

Code for medical devices welcomed

Contents1 What is the News?2 What is the purpose of the Draft Uniform Code for Medical Device Marketing Practices (UCMDMP)?3 What are the key provisions of the code?3.1 Allows for more collaboration with medical professionals3.2 Bars Gifts to Medical Professionals What is the News? The Department of Pharmaceuticals(DoP) has published a draft Uniform Code for… Continue reading Code for medical devices welcomed

All we know about the Bernardinelli-Bernstein comet, the largest one ever seen

What is the News? The National Aeronautics and Space Administration’s(NASA) Hubble Space Telescope has confirmed that the huge Bernardinelli-Bernstein comet is indeed the largest icy comet nucleus ever seen by astronomers. Note: Comets are cosmic snowballs of frozen gases, rock and dust that orbit the Sun. What is Bernardinelli-Bernstein? It is the largest icy comet… Continue reading All we know about the Bernardinelli-Bernstein comet, the largest one ever seen

InspectIR COVID-19 Breathalyzer: FDA authorizes first breath test for Covid

Contents1 What is the News?2 What is InspectIR COVID-19 Breathalyzer?3 How does the test device work?4 Significance of this device What is the News? The US Food and Drug Administration has issued an emergency use authorization for the Covid-19 test named InspectIR COVID-19 Breathalyzer. What is InspectIR COVID-19 Breathalyzer? It is the first testing device… Continue reading InspectIR COVID-19 Breathalyzer: FDA authorizes first breath test for Covid

The functioning of the Enforcement Directorate

Contents1 2 What is the News?3 What is the Enforcement Directorate(ED)?4 How did the ED get powers under the Prevention of Money Laundering Act (PMLA)? 5 When does the ED step in when a crime is committed? 6 Powers of ED under PMLA Act7 Can ED investigate cases of money laundering retrospectively? What is the News? The… Continue reading The functioning of the Enforcement Directorate

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