June 2022 witnessed the worst Foreign Portfolio Investor (FPI) selloff since March 2020 when India announced a nationwide lockdown at Rs. 50,000 crore. June was also the ninth on the trot that FPIs had sold net of their assets i.e. sold more than they had purchased. Foreign portfolio investors are those that invest funds …

Ministry of Science & Technology has inaugurated “Technology Innovation Hub on Autonomous Navigation” or TiHAN, in IIT- Hyderabad, which is a first “Autonomous Navigation” facility. It is seen as one of the steps toward India’s vision of ‘Atmanibhar Bharat’, ‘Skill India’ and ‘Digital India’. TiHAN It is a multidisciplinary initiative, which aims at making India a global player …

Australian authorities have killed millions of honeybees over the past two weeks in an effort to stop a potentially catastrophic parasite plague named Varroa mite. The decision to kill honeybees could adversely impact the growth of several crops including almonds, macadamia nuts, and blueberries that are dependent on hives for pollination. …

Recently, NITI Aayog has releases a report titled ‘Alternative Products and Technologies to Plastics and their Applications’ to encourage use of alternatives of plastics. The Ministry of Environment, Forest and Climate Change has also banned Single Used Plastics (SUP), violation of the ban will invite punitive action under Section 15 of the Environment Protection Act (EPA). …

The Government plans to table the Development of Enterprise and Service Hubs (DESH) Bill during the upcoming monsoon session of the Parliament. DESH Bill It will overhaul the existing Special Economic Zone law of 2005, aims to revive interest in SEZs and develop more inclusive economic hubs. SEZs will be revamped and renamed as Development …

The African Union is celebrating its 20th Anniversary on 9th of July 2022. The African Union (AU) is a continental body consisting of the 55 member states that make up the countries of the African Continent. In 1963, the Organization of African Unity was founded by the independent states of Africa. The …

Recently, the Prime Minister has inaugurated the Digital India Week 2022 under the Digital India Programme, with the aim to strengthen Ease of Doing Business and Ease of Living. Theme: ‘Catalyzing New India’s Techade’. To transform the nation into a digitally empowered society and knowledge economy. During the programme, PM launched multiple digital initiatives aimed at enhancing the …

The Ministry of Environment, Forest and Climate Change proposed amendments in the Environment Protection Act, 1986. Incidentally, the Environment Protection Act provisions will be in force for penal provisions of the single use plastic ban which has come into force recently. Key Amendments Proposed in the Environment Protection Act The Ministry has proposed the decriminalisation of the existing …

Recently, India and the European Union concluded the first round of negotiations for India-EU Trade and Investment Agreements in New Delhi. 52 technical sessions covering 18 policy areas of the free trade agreement and 7 sessions on Investment Protection and Geographical Indicators were held. The second round of negotiations is scheduled to take place in September 2022 in Brussels. India and EU had launched talks for …

Recently, Myanmar’s military government hosted the first high – level regional meeting since the Army took power in 2021. China’s Foreign Minister and counterparts from Mekong Delta nations attended the meeting. Foreign Minister of China along with his colleagues from Myanmar, Laos, Thailand, Cambodia and Vietnam at the Mekong – Lancang Cooperation group meeting. …