22nd Summit of the Shanghai Cooperation Organisation

The 22nd Summit of the Shanghai Cooperation Organisation (SCO) is set to take place on 4th July. However, due to unforeseen circumstances, the summit will be conducted in a virtual mode. The Ministry of External Affairs (MEA) recently announced this ..

Tags: Shanghai Cooperation Organisation • Shanghai Cooperation Organisation Council of Foreign Ministers Meeting

Month: Current Affairs - May, 2023

Category: International / World Current Affairs • Summits and Conferences

e-Appeals Scheme 2023

The Central Board of Direct Taxes (CBDT) has recently launched the “e appeal” scheme, aimed at addressing the issue of pending appeals related to Tax Deducted at Source (TDS) default and tax collection at source (TCS). This new initiative is ..

Tags: CBDT • Central Board of Direct Taxes (CBDT)

Month: Current Affairs - May, 2023

Category: India Nation & States Current Affairs

Namo Shetkari Mahasanman Yojana

The Maharashtra government has recently launched a new financial scheme aimed at providing support to farmers in the state. The scheme, known as Namo Shetkari Mahasanman Yojana, was approved at a Cabinet meeting chaired by Chief Minister Eknath Shinde.Financial Assistance ..

Tags: Government Schemes • Maharashtra • Maharashtra government

Month: Current Affairs - May, 2023

Category: Government Schemes Current Affairs • States Current Affairs

Expected Loss-based Approach for Bad Loan Provisioning

The Reserve Bank of India (RBI) has outlined its plans for the upcoming financial year, 2023-24. Among the proposed measures to strengthen the bad loan resolution ecosystem is the introduction of an expected loss-based approach for provisioning. This method allows ..

Tags: Reserve Bank of India • Reserve Bank of India (RBI)

Month: Current Affairs - May, 2023

Category: Banking Current Affairs

Pisodonophis kalinga

The Zoological Survey of India (ZSI) recently made an exciting discovery in the waters of Odisha’s Ganjam district. Scientists from ZSI identified a previously unknown species of eel, which has been named Pisodonophis kalinga. This remarkable finding sheds light on ..

Tags: New Species • Zoological Survey of India • Zoological Survey of India (ZSI)

Month: Current Affairs - May, 2023

Category: Science & Technology Current Affairs

SEBI Guidelines for IPF and ISF

Comprehensive guidelines were issued recently by SEBI for the Investor Protection Fund (IPF) and Investor Services Fund (ISF). These guidelines cover various aspects, including the constitution, management, contribution, and utilization of the funds. Additionally, SEBI has provided a Standard Operating ..

Tags: SEBI • Securities and Exchanges Board of India (SEBI)

Month: Current Affairs - May, 2023

Category: Banking Current Affairs