Forest Fires of Amazon

A slew of forest fires have appeared in the rainforests of the Amazon, which causing large parts of the forest to go up in flames and has destroyed biomass accumulated over  millions of years of accumulated biomass in an instance. ..

Merger of the 10 Public Sector Banks

In a slew of measures announced by the Finance Minister of India, Nirmala Sitharaman on 30th August, 2019, to take the country out of economic doldrums, one particular step of the government has stood out. This was the planned merger ..

RBI’s Surplus Transfer

The Reserve Bank of India has transferred a surplus of Rs. 1.76 lakh crores to the Indian Government. This payment, which is equal to 1.25% of the Indian GDP (in nominal rates for 2018-19) aims to provide some breathing space ..

CBDT notifies creation of special cell for startups

Central Board of Direct Taxes (CBDT) has created five-member special cell to address grievances of startups with relation to angel tax and other tax-related issues. It will be headed by member (Income Tax and Computerisation) of CBDT. This initiative is ..

Month: Current Affairs - August, 2019

Shagun

The Ministry of Human Resource Development launched a web portal Shagun which is an integrated junction of various education portals. In the portal websites of 1,200 Kendriya Vidyalayas, 600 Navodaya Vidyalayas, 18,000 other CBSE affiliated schools, 30 SCERTs and 19,000 ..

Shaheen

The Joint Exercise of Pakistani and Chinese Air Force Shaheen was held at in Chinese city of Holton close to the Indian border near Ladakh. It was the eighth edition of the exercise since it was first launched in March 2001. ..