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14TH BRICS SUMMIT

Recently, Prime Minister of India attended the 14th BRICS summit which was virtually hosted by China. Theme of the 14th BRICS Summit: Foster High-quality BRICS Partnership, Usher in a New Era for Global Development. BRICS Plus virtual conference was also held as part of the main meeting with ministers from countries, including the …

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WORLD TRADE ORGANIZATION’S 12TH MINISTERIAL CONFERENCE.

There was no discussion to revive the World Trade Organization’s (WTO) Appellate Body (AB), which has been redundant since 2019, at the recently concluded 12th ministerial conference. WTO was established to provide a platform for negotiations for liberating trade and creating rules, as well as to monitor and administer multilateral trades. One of the key objectives was also …

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FLOOD DAMAGE UNDER INTENSIVE ADAPTATION

According to a new Study published, Residual Flood Damage under Intensive Adaptation, the risk of river flooding is expected to increase with climate change and socioeconomic development. Residual flood damage under intensive adaptation tries to estimate the global cost of employing adaptive flood measures depending on local economic scenarios and cost adaptation measures by trying to quantify the …

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REGULATION OF CHILD PARTICIPATION IN THE ENTERTAINMENT INDUSTRY

The National Commission for the Protection of Child Rights (NCPCR) has published draft Guidelines to Regulate Child Protection within the Entertainment Industry. The “Guidelines to Regulate Child Participation in the Entertainment Industry” were issued by the Commission in 2011. The new draft increases the scope of the guidelines to cover social media and Over …

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SEVEN YEARS OF SUCCESSFUL IMPLEMENTATION (PMAY)- URBAN

Recently, Pradhan Mantri Awas Yojana (PMAY)- Urban has completed seven years of successful implementation. With a total investment of Rs 8.31 Lakh Crore, PMAY-U has so far sanctioned 122.69 lakh houses, out of which more than 1 crore houses have been grounded and over 61 lakh houses have been completed and delivered to the …

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NIRYAT PORTAL

Prime Minister has launched Vanijya Bhawan and NIRYAT (National Import-Export Record for Yearly Analysis of Trade) Portal. Vanijya Bhawan is the new premises of the Ministry of Commerce and Industry. Vanijya Bhawan, which is constructed near the India Gate (New Delhi) will be used by the two departments under the Ministry i.e. Department of Commerce and …

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DIGITAL COMMERCE

Recently, the government has launched the pilot phase of Open Network for Digital Commerce (ONDC) with an aim to “democratise” the country’s fast growing digital e-commerce space that is currently dominated by the two U.S.-headquartered firms — Amazon and Walmart. ONDC ONDC is a freely accessible government-backed platform that aims to democratise e-commerce by moving it …

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BLACK DEATH

In a study published in the journal Science, researchers have claimed that the disease (black death) originated in modern day northern Kyrgyzstan around 1338-1339 – nearly 7-8 years before it ravaged large parts of the world. The term Black Death refers to the bubonic plague that spread across Western Asia, Northern Africa, Middle East and Europe in …

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PARTICIPATORY NOTES

Investment in the Indian capital markets through Participatory notes (P-notes) dropped to Rs 86,706 crore till May-end, 2022. However, according to experts, foreign investors will reverse their selling stance and return to the country’s equities in the coming 1-2 quarters. In line with a decline in P-note investment, the assets under the …

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COOPERATIVE BANKS

Recently, the Minster of Home Affairs and Cooperation has addressed a conclave, organised by the National Federation of Urban Cooperative Banks and Credit Societies (NAFCUB), emphasising the needed Reforms for Urban Cooperative Banks (UCB). The NAFCUB is an Apex Level Promotional body of Urban Cooperative Banks and Credit Societies Ltd. in the Country. …

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