Economic globalization: GK, Current Affairs, Questions, Trivia and News

2019 World Day For Safety And Health At Work

The World Day For Safety And Health At Work is observed every year on 28th of April by the International Labour Organization (ILO) to promote safe, healthy and decent work. The day marks the need and awareness of a safe and healthy environment at the workplace. All of us spend most of our day at ..

Financial Stability Board

After the global financial crisis of 2007, the G-20 has created an institution called Financial Stability Board to design sophisticated regulation measures for banks to prevent future bank failure. Beside this, the central banks of each country identify Domestic Systemically Important Banks (D-SIBs). While the Basel Committee on Banking Supervision (BCBS) started to identify big ..

Commitment to Reducing Inequality (CRI) Index

The Commitment to Reducing Inequality Index uses a new database of indicators covering 152 countries, which measures government action on social spending, tax and labor rights – three areas found to be critical to reducing inequality. It has been prepared by Development Finance International, Inc. and international NGO Oxfam. India has been ranked 132nd among 152 nations in a ..

IT hiring at 10-year low

The technology services sector in India is currently undergoing a very bad growth period in close to a decade as their clients are decreasing their budgets on traditional outsourcing work. Also, the routine customer applications maintenance work which are performed by the freshers has been now carried out by automation or robots. With increasing automation, ..

Prime Minister constitutes committee to review taxation of development centres & IT sector

To review taxation of development centres and IT sector a committee has been established by the Prime Minister Dr Manmohan Singh. The Committee will function in consultations with stakeholders and related government departments to finalize the Safe Harbour provisions announced in Budget 2010. It will also recommend the approach to taxation of Development Centres. Earlier, ..

Draft National Water Policy (2012) Released for Comments

In pursuance of the strategies identified in National Water Mission Document as well as deliberations in National Water Board, Ministry of Water Resources had initiated the process of reviewing the National Water Policy, 2002. Accordingly, the Drafting Committee on National Water Policy has evolved the draft policy after taking into consideration recommendations of various stake ..