June 2019

Union Cabinet cleared NDIAC Bill, 2019 on institutionalised arbitration

Union Cabinet cleared NDIAC Bill, 2019 on institutionalised arbitration

The Cabinet has approved the New Delhi International Arbitration Centre (NDIAC) Bill, 2019, with a view to promoting ease of doing businessa in India. The Bill will be introduced in the scheduled Parliament session. The Bill seems to be a positive step in establishing an independent and autonomous regime with a well-defined structure for institutionalized domestic and international arbitration. […]

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India designated as guest country at Guadalajara International Book Fair in Mexico

India designated as guest country at Guadalajara International Book Fair in Mexico

India designated as the Guest of Honour at the 33rd Feria Internacional del Libro de Guadalajara (Guadalajara International Book Fair)in Mexico, the National Book Trust. The book fair organized from November 30 – December 8, India pavilion at the fair will showcase over 35 Indian authors and artists, along with 15 publishing houses. India displays a wide

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UK bans commercials ads that reinforce gender prejudices

UK bans commercials ads that reinforce gender prejudices

A ban has come into force prohibiting commercials that reinforce gender prejudices. A prominent German feminist told DW that Germany is dragging its heels on the problem. The nation’s advertising watchdog introduced the ban because it found evidence suggesting that adverse stereotypes could “restrict the choices, aspirations and opportunities of children, young people and adults and

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Around 600 american companies urged Trump to resolve trade dispute with China

Around 600 american companies urged Trump to resolve trade dispute with China

More than 600 companies, including Walmart Inc, Target Corp, urged U.S. President Donald Trump to resolve the trade dispute with China that totally affects American businesses and consumers. More than 150 trade groups representing agriculture, manufacturing, retail and tech industries supports the national campaign against tariffs. The American international consultancy the Trade Partnership reported that additional 25% tariffs on

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Death toll rises to 66 in Muzaffarpur, Bihar due to Encephalitis

Death toll rises to 66 in Muzaffarpur, Bihar due to Encephalitis

Muzaffarpur district of Bihar reported death of 69 children due to Acute Encephalitis Syndrome (AES). Till now over 130 have been hospitalised in the district. The district Magistrate of Muzaffarpur has announced that for students till class eight, schools will remain closed till June 22 and for students in higher standards, classes will be held only till 10.30

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RBI directed all the banks to grout ATMs to a structure to enhance security

RBI directed all the banks to grout ATMs to a structure to enhance security

The Reserve Bank of India has asked the banks to ensure their ATMs are grouted to a wall, pillar, or floor by the end of September month, except those installed in high secured premises such as airports. The announcement comes with an aim to enhance security of the cash vending machines.  The ATMs shall be operated for cash replenishment only with

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Scientists from National Geographic Society and Tribhuvan University installed have installed two highest weather stations in the world in an expedition to Mount Everest that wrapped up in June 2019. The two weather monitoring stations are located at an altitude of 8,430 meters (27,657 feet) and 7,945 meters (26,066 feet). Also, three other stations have been set up across the Mount Everest. The setting up of the weather station aim to collect weather data. The data gathered from the stations will help scientists to understand how rising global temperatures impacts the rapidly melting glaciers. The nearly two month expedition involved a team of more than 30 scientists from all over the world, including 17 Nepali researchers. The team also collected the world highest ice core sample at 8,020 meters , which will help the scientists study the deep record of precipitation on the mountain and composition of the atmosphere during pre-industrial times. The project also reached another milestone of placing the world's highest helicopter-based lidar scan and the most detailed photogrammetric imaging, also with lidar scans, of the Everest Base Camp area and the entire Khumbu Glacier.

Scientists places worlds highest weather stations atop Mount Everest

Scientists from National Geographic Society and Tribhuvan University installed have installed two highest weather stations in the world in an expedition to Mount Everest that wrapped up in June 2019. The two weather monitoring stations are located at an altitude of 8,430 meters (27,657 feet) and 7,945 meters (26,066 feet). Also, three other stations have been set up across the Mount

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Ministry of Commercereported that India’s trade deficit expanded to a six-month high of $15.4 billion in May, with import growth outpacing export growth following a 37% jump in gold imports. Exports grew 3.93% in the month of May, while imports rose 4.31%. Iran, China-US trade war: Out of six months in the past 7 months, the exports have been in low single digits which barred March when it grew in double digits. Rising crude oil prices, amid sanctions on Iranian oil imports, could further increase imports and put pressure on India’s current account deficit. China’s exports in May increased by 1.1%, while imports fell by 8.5%. This lead to a significantly higher trade surplus of $41.65 billion than analysts projected. The escalating trade war between the US and China have cast a shadow on India’s prospects for higher exports.

India’s trade deficit widened to USD 15.36 bn in May month

Ministry of Commerce reported that India’s trade deficit expanded to a six-month high of $15.4 billion in May, with import growth outpacing export growth following a 37% jump in gold imports. Exports grew 3.93% in the month of May, while imports rose 4.31%.  Iran, China-US trade war: Out of six months in the past 7 months, the exports have been in low single digits

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Two female scientists Ritu Kridhal and Vanitha to head Indias 2nd Moon mission Chandrayaan-2

Two female scientists Ritu Kridhal and Vanitha to head Indias 2nd Moon mission Chandrayaan-2

For the first time, Indian Space Research Organisation (ISRO) has appointed two women scientists – Ritu Karidhal (as mission director) and Muthayya Vanitha(as project director) – to head the India’s second Moon mission Chandrayaan-2. ISRO Chairman K Sivan announced that close to 30 percent of the ISRO team working on Chandrayaan 2 are women. Ritu Karidhal was referred as the

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