UPSC

Whats behind the pre-monsoon floods and landslides in Assam: UPSC Daily Important Topic | 29 May 2022

Whats behind the pre-monsoon floods and landslides in Assam- ✓Despite the monsoon yet to be arrived, the state of Assam is facing a very devastating flood and a series of landslide episodes ✓The recent floods and landslides that have left 15 people dead and more than 7 lakh affected. ✓Road and rail links were cut

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‘Tomb of Sand’ becomes 1st Hindi novel to win 2022 Booker Prize

‘Tomb of Sand’ becomes 1st Hindi novel to win 2022 Booker Prize

Indian author Geetanjali Shree and American translator Daisy Rockwell won the 2022 International Booker Prize for “Tomb of Sand”. The book “Tomb of Sand’ was originally written in Hindi, it is the first book in any Indian language to win such a prestigious award. The prize money of 50,000 pound will be split between Shree and Rockwell. The book is about a widow who

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Japan's MUFG Bank gets approval set up branch at GIFT City

Japan’s MUFG Bank gets approval set up branch at GIFT City

MUFG Bank becomes the first Japanese bank to open a branch at Gujarat International Financial Tech City (GIFT City) in a bid to offer a wide range of banking services to both domestic and global clients. MUFG Bank has already taken all necessary approvals from the International Financial Services Centre Authority (India) and the Financial Services Agency (Japan) to set up a

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CCEA clears sale of govt's 29.5% stake in Hindustan Zinc

CCEA clears sale of govt’s 29.5% stake in Hindustan Zinc

The Cabinet Committee on Economic Affairs (CCEA) has cleared the government’s 29.5% stake sale in Hindustan Zinc Ltd (HZL) to fetch around Rs 38,000 crore to the exchequer. This decision will strengthen the government’s disinvestment drive in the current fiscal year. The government has budgeted Rs. 65,000 crore from PSU disinvestment and strategic sale. In 2002, the government offloaded a 26% stake

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BOB Financial launched co-branded contactless RuPay Credit Card with HPCL

BOB Financial launched co-branded contactless RuPay Credit Card with HPCL

Bank of Baroda Financial and Hindustan Petroleum (HPCL) in partnership with National Payments Corporation of India (NPCI), have launched HPCL BoB co-branded contactless RuPay Credit Card. The card includes various features such as rewards for spending on utilities, grocery and departmental stores. This card can be used across merchants and ATMs globally through the JCB network. BOB Financial is

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Indian officer Anwar Hussain Shaik is new chair of WTO's committee

Indian officer Anwar Hussain Shaik is new chair of WTO’s committee

Ten years later, an Indian government officer, Anwar Hussain Shaik has been made the chair of the WTO’s Committee on Technical Barriers on Trade(TBT). He replaced Elisa Maria Olmeda de Alejandro from Mexico. Aim: To ensure that standards and conformity assessment procedures, and technical regulations are non-discriminatory and do not create unnecessary obstacles to trade. WTO is a 164

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