The Parliament has passed the Chit Funds (Amendment) Bill, 2019. It will streamline operations of collective investment schemes or chit funds, with the aim to protect investors that primarily comprises economically weaker sections of the society. Chit funds are legal and registered and are different from ponzi schemes as well as unregulated deposits. Daily Current […]
Rajya Sabha passed Chit Funds (Amendment) Bill, 2019 Read More »
A deal has been signed between Saudi Arabia’s state-run oil company Aramco and Indian public sector oil companies to build a $60-billion oil refinery in Maharashtra. Regarding the opportunities, India started with Aramco. It has taken a decision to build a refinery and it is a huge investment, it’s a commitment; waiting for the Government
Saudi Arabia, UAE plan to make refinery in Maharashtra Read More »
The United Nations Environment Programme (UNEP) released ‘Emissions Gap Report’, according to which India is the fourth-largest emitter of Green House Gases (GHGs). The world will fail to meet the 1.5°C temperature goal of the Paris Agreement unless global greenhouse gas emissions fall by 7.6 per cent each year. The top four emitters (China, USA,
India is the fourth-largest emitter of Green House Gases Read More »
The International Centre for Automotive Technology (ICAT) is organizing a NuGen Mobility Summit, 2019, at Manesar, NCR, from 27th to 29th November 2019. The objective of the Summit is to share new ideas, learnings, global experiences, innovations and future technology trends for faster adoption, assimilation and development of advanced automotive technologies for a smarter and
Cabinet Committee approved to increase the authorized capital of Food Corporation of India (FCI) to Rs.10,000 crore from Rs.3,500 crore. With the increase of authorized capital, additional equity capital can be infused in FCI through union budget, to fund the food grains stock, perpetually held by FCI. This will reduce the borrowings of FCI, save
Government increase authorised capital of FCI to Rs 10,000 crore Read More »
The Assam government has banned the gutka, pan masala and chewing materials containing tobacco and nicotine for a period of one year in the state under Clause (A) of Sub-Section 2 of Section 30 of the Food Safety & Security Act, 2006. The prohibition has been made under the regulations of 2, 3 and 4
Assam bans gutkha, pan masala for a year Read More »
The Indian Army has inducted anti-tank guided missiles (ATGMS) Spike along the LoC in northern command theatre in Jammu and Kashmir to bolster defence along the country’s border with Pakistan. This ATGMS are made in Israel which are known as the “fire and forget” missiles. The Spike ATGMs are portable by men and are powerful
Indian Army inducted anti-tank guided missiles Spike along the LoC Read More »
A non-venomous burrowing new species of snake has been found in Arunachal Pradesh which name is Trachischium apteii. It was found under fallen logs inside a thickly forested area of the Tally Valley Wildlife Sanctuary near the town of Ziro in Arunachal Pradesh during a field expedition by researchers in July 2019. Daily Current Affairs
New snake species – Trachischium apteii found in Arunachal Read More »
Lok Sabha has passed the National Institute of Design (Amendment) Bill, 2019 with the objective to make the National Institute of Design (NID) in the States of Madhya Pradesh, Assam, Haryana and Andhra Pradesh as the institutions of national importance. This bill was passed in Rajya Sabha on August 6, 2019. Daily Current Affairs Quiz
Lok Sabha passes National Institute of Design (Amendment) Bill, 2019 Read More »
Suman Billa, the former director and secretary of Kerala Tourism has appointed as director, technical cooperation and silk road development at D1 level of United Nations World Tourism Organisation. It aims to promote a responsible, sustainable and universally accessible tourism. Daily Current Affairs Quiz 2019 Billa’s appointment has been approved by the Prime Minister-headed appointments
Suman Billa appointed as director of United Nations World Tourism Organisation Read More »
