March 2021

India Abstains from Voting on UNHRC Resolution Critical of Sri Lanka

India Abstains from Voting on UNHRC Resolution Critical of Sri Lanka

India abstained from voting on the resolution at the United Nations Human Rights Council (UNHRC) critical of Sri Lanka and aims to establish a central international database to enable future persecutions of war crimes. Daily Current Affairs Quiz 2021 Resolution 46/L1 has decided, among other things, to “strengthen” the Office of the High Commissioner on […]

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Indian Government Says Companies Must Disclose Crypto Holdings

Indian Government Says Companies Must Disclose Crypto Holdings

The Indian government is amending current legislation to require companies to disclose cryptocurrency holdings in their financial statements. Daily Current Affairs Quiz 2021 All companies will now have to disclose in their statutory financial filings to the RoC any profit or loss on transactions involving cryptocurrency, the amount of cryptocurrency held on the reporting date,

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Cellphone makers seeking lockdown-hit FY21 as zero year for PLI

Cellphone makers seeking lockdown-hit FY21 as zero year for PLI

The Indian Cellular and Electronics Association (ICEA) has written letters to the NITI Aayog, the Secretary of the Ministry of Electronics and Information Technology, as well as officials from other ministries to consider declaring 2020-21 as zero year for production-linked incentive (PLI) scheme for manufacturing of mobile phones. Daily Current Affairs Quiz 2021 PLI schemes

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Commerce Department is planning re-routing shipments through the Cape of Good Hope

Commerce Department is planning re-routing shipments through the Cape of Good Hope

The Suez Canal blockage that has disrupted east-west shipping could impact India’s trade and curtail key manufacturing supplies while raising transport costs as shipping rates spike due to the crisis. Department of Commerce is planning re-routing shipments through the Cape of Good Hope. Daily Current Affairs Quiz 2021 The Cape of Good Hope is a

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