• The theme of the Summit was BRICS@15: Intra-BRICS Cooperation for Continuity, Consolidation and Consensus. • These four Cs are in a way the fundamental principles of BRICS partnership. Key takeaways: • PM called for enhanced BRICS cooperation under motto…
• India is set to sign the largest-ever infrastructure project in the Maldives known as the Greater Malé Connectivity Project (GMCP). About: • GMCP is not only the biggest project India is doing in the Maldives but also the biggest…
• Khadi and Village Industries Commission (KVIC) has recently secured trademark registrations in three countries – Bhutan, UAE and Mexico – a big stride towards protecting the identity of brand “Khadi” globally. About: • So far KVIC was having Trademark…
• The minimum global corporation tax rate of at least 15% would form the basis of a global pact. • It aims to close cross-border tax loopholes used by some of the world’s biggest companies and to ensure taxes were…
• The Union Cabinet has approved the Model Tenancy Act for circulation to all States / Union Territories for adaptation by way of enacting fresh legislation or amending existing rental laws suitably. It will help overhaul the legal framework with…
• American scientists are cultivating sunflower starfish off the coast of Washington state. Between 2013 and 2017, ocean warming killed 5.75 billion sunflower starfish. • Approximately 91% of the world’s sunflower starfish are found between the seas of Mexico and…
• The Cabinet Committee on Economic Affairs has given its in-principle approval for strategic disinvestment along with transfer of management control in IDBI Bank Ltd. About: • The extent of respective shareholding to be divested by GoI and LIC shall…
• Prime Minister Modi has bowed to Sri Guru Teg Bahadur Ji on his 400th Parkash Purab. About: • Guru Tegh Bahadur (1621 – 1675) was the ninth of ten Gurus of the Sikh religion. • Name: He was born…
• Supreme Court (SC) held that Army’s selective Annual Confidential Report (ACR) evaluation and late implementation of medical fitness criteria discriminate against women officers. • Petitioners challenged rejection of their applications seeking Permanent Commission (PC) by contending that Army applied…
• Recently, there was rise in fuel prices which was majorly due to output cuts by oil producing nations across the world and high taxes. How is fuel price determined in India? • Price of petrol and diesel in India…
• The National Investment and Infrastructure Fund (NIIF) said that the New Development Bank (NDB) has committed to invest $100 million into the NIIF Fund of Funds (FoF), which invests in Indian private capital funds. • This investment marks New…
• The government will amend the Apprenticeship Act and integrate its provisions with the ease of doing business goal with a “shift from government regulation to self-governance” and build flexibility for employers and individuals to establish better shop-floor training and…
