Google Current Affairs, GK & News

What is Significant Economic Presence (SEP) principle?

India recently notified Digital Tax threshold of two crore rupees and 300,00 users under the Significant Economic Presence principle. This threshold was notified for non-resident technology firms such as Netflix, Facebook, Google, to pay tax in India. The principle was first introduced in the Finance Bill 2018-19. It was adopted to address the challenges of ..

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WHO to provide 4,000 oxygen concentrators to India

The World Health Organisation recently announced that it will provide 4,000 Oxygen Concentrators to India to help the country in its fight against COVID-19. Help from other countries The following countries stepped forward to help India to combat against the Oxygen shortage: The UK recently sent 495 Oxygen Concentrators and 140 ventilators to India. Ireland ..

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Google, Microsoft announce funding to help India tackle COVID-19

Google and Microsoft have recently pledged to help India fight COVID-19. Google is to provide 18 million USD (Rs 135 crores). Microsoft is to help India with relief efforts to buy oxygen concentration devices. The initiatives and the announcements about the funding were made by Sundar Pichai of Google and Satya Nadella of Microsoft. About ..

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Israel: Google and AWS chosen for 1 billion Nimbus Project

The Government of Israel has chosen Google and Amazon Web Services to provide cloud services for its military and Public Sector Units. The project is to be implemented in four phases and has been named the “Nimbus” project. About Nimbus Project The Nimbus Project is to be implemented at an estimated cost of 1 billion ..

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Digital India: India leads in Digital Payments

The UK based payments system company ACI recently released a report on digital payments. According to the report, India has the highest number of real-time online transactions in 2020. Key Findings of the Report The Digital payment market of India is led by Paytm, PhonePe, BharatPe, Pine Labs, etc. The UPI (Unified Payment Interface) transaction ..

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