Daily Archives: October 6, 2022

COMMITTEE OF EXPERTS ON SUSTAINABLE FINANCE

A ‘Committee of Experts on Sustainable Finance’, constituted by International Financial Services Centres Authority (IFSCA) submitted its final report to Chairperson, IFSCA on October 03, 2022. The committee was chaired by Shri C.K. Mishra, Former Secretary to Government of India, Ministry of Environment, Forest & Climate Change. The committee members …

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INDIA -WORLD’S LARGEST PRODUCER AND CONSUMER OF SUGAR

In Sugar Season (Oct-Sep) 2021-22, a record of more than 5000 Lakh Metric Tons (LMT) sugarcane was produced in the country out of which about 3574 LMT of sugarcane was crushed by sugar mills to produce about 394 LMT of sugar (Sucrose). Out of this, 35 LMT sugar was diverted …

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QUALITY COUNCIL OF INDIA (QCI)

The Quality Council of India is set to celebrate its Silver Jubilee tomorrow at the Ambedkar International Centre in New Delhi with a special event intended to share India’s journey of growth, accelerated by the enhancement of quality. Stalwarts in policymaking, governance, and quality will come together on one platform …

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INSOLVENCY AND BANKRUPTCY CODE

On October 1, Union Finance Minister Nirmala Sitharaman said that the country could not afford to lose the “sheen” of its insolvency law, the Insolvency and Bankruptcy Code (IBC). The IBC was introduced in 2016 to consolidate previously available laws to create a time-bound mechanism with a creditor-in-control model as …

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SLOWDOWN OF GLOBAL TRADE GROWTH NEXT YEAR

The World Trade Organization (WTO) forecast a slowdown of global trade growth next year as sharply higher energy and food prices and rising interest rates curb import demand, and warned of a possible contraction if the war in Ukraine worsens. The trade body said on Wednesday that merchandise trade would …

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RESOLUTION ON SRI LANKA RELATED TO WAR CRIMES

Sri Lanka is anticipating a ‘significantly lesser’ number of favourable votes at UNHRCVoting pattern ‘is not a fair reflection’ of how all members think about the country, ‘heavy lobbying’ by powerful countries preceded the vote at the Council, says Foreign Minister Ali Sabry Reparation call: A resolution on Sri Lanka …

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GOVERNOR’S ASSENT IN A STATE ASSEMBLY BILL

A Bill passed by the State Assembly becomes law only after it is assented to by the Governor. The Governor being a part of the State legislature, the process of law making is complete only when he signs it, signifying his assent. In all democratic countries, similar provision exists in …

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INDIA’S FIRST 4.20-MW WIND TURBINE GENERATOR

India’s first 4.20-MW wind turbine generator ready for commissioning The single unit with the largest wind power generation capacity has been installed at Vadalivilai near Valliyoor in Tirunelveli district by Brazil-based WEG at a cost of ₹88 crore The country’s first 4.20-MW wind turbine generator, a single unit with the …

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NATIONAL COOPERATIVE CONSUMERS’ FEDERATION

A new player in paddy procurement in non-delta region is gaining farmers’ attention The presence of relatively a new player in paddy procurement in Tamil Nadu is gaining the attention of farmers. For the 2022-23 procurement year (the Kharif marketing season), which began this year in September, the National Cooperative …

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NOBEL PRIZE FOR WORK ON ‘CLICK CHEMISTRY’ AND QUANTUM MECHANICS

Scientists Carolyn R. Bertozzi, Morten Meldal and K. Barry Sharpless won the 2022 Nobel Prize in Chemistry on Wednesday for discovering reactions that let molecules snap together to create desired compounds and that offer insight into cell biology. It came a day after Alain Aspect, John F. Clauser and Anton …

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