Page-7 of Mauritius
India and Mauritius ink five MoUs to boost bilateral co-operation
India and Mauritius have inked 5 Memoranda of Understanding (MoU) to give new impetus to bilateral co-operation. These MoUs were signed in Port Luis, Mauritius during Prime Minister Narendra Modi’s visit to island nation as part of three-nation tour of ..
Month: Current Affairs - March, 2015
Anerood Jugnauth is new PM of Mauritius
Sir Anerood Jugnauth was elected as new Prime Minister (PM) of Mauritius. Mauritius’ President Kailash Purryaghas named him as prime minister after his party’s landslide victory in recent parliamentary elections. In recent elections, Jugnauth’s centre-right Alliance Lepep won 47 out ..
Month: Current Affairs - December, 2014
WEF 2014: Swiss banks devise new 'cash' strategies to lure rich clients
The 44th World Economic Forum (WEF) annual meeting at Davos, Switzerland from January 22 to 25, 2014. The event sets the key priorities and challenges for the world to tackle in 2014. Theme: ‘The Reshaping of the World: Consequences for ..
Month: Current Affairs - January, 2014
“LOB” Clause agreed between India and Mauritius
Mauritius and India agreed on the principle of including a Limitation Of Benefit (LOB) or anti-treaty shopping law clause in the revised tax treaty to ring-fence its jurisdiction from any attempts of round-tripping and money laundering activities. The LOB clause limits ..
Bali Ministerial of the World Trade Organisation 2013
What is WTO Ministerial Conference? The WTO Ministerial Conference is the topmost decision-making body of the World Trade Organization which regularly convenes every two years. It brings together all members of the WTO, all of which are countries or customs ..
Month: Current Affairs - December, 2013
Category: International / World Current Affairs
RBI lowers remittance limit, discourage green card dreams
Taking further measures to reduce the burden on the already weakened rupee, RBI reduced the limit for remittances made by individuals to $75,000 from $200,000 per financial year and banned the purchase of property outside India. The rich Indians with ..