About IREDA Indian Renewable Energy Development Agency Limited (IREDA) is a Mini Ratna (Category – I) Government of India Enterprise under the administrative control of Ministry of New and Renewable Energy (MNRE). The CPSEs which have made profit in the …
What’s in the news? The 27th edition of Exercise MALABAR, concluded on the East Coast of Australia off Sydney recently. The exercise saw participation of Ships, Submarines and aircraft from the Indian Navy (IN), Royal Australian Navy (RAN), Japan Maritime …
Context This article highlights the need for geographic diversification of corporate social responsibility (CSR) spending and the way forward for its implementation. What is Corporate Social Responsibility? CSR is a management concept through which a company achieves a balance of …
Context This article highlights the positives of AI adoption and its adverse economic impact as well. About Artificial Intelligence (AI): It refers to the simulation of human intelligence in machines that are programmed to think like humans and mimic their …
About IFSC An International Financial Services Centre (IFSC) is a jurisdiction that provides world class financial services to non-residents and residents in a currency other than the domestic currency (Indian Rupee) of the location where the IFSC is located. Services …
What is Global Minimum Tax? A global minimum tax is a proposal to impose a minimum rate of taxation on corporate income in most countries of the world by international agreement. In 2021, 136 countries and jurisdictions agreed to a …
Introduction The government has unveiled its new Foreign Trade Policy 2023 (FTP 2023) which came into force on 1 April. The previous policy, launched in 2015, had to be extended several times due to the pandemic and geo-political developments. Key …
Context Excessive groundwater extraction is triggering land subsidence in the Indo – Gangetic plain. Land subsidence Land subsidence refers to the gradual sinking or settling of the Earth’s surface, often caused by the removal of groundwater, the extraction of minerals, …
Context Himalayan glaciers have been disappearing 65% faster since 2010 which could drastically reduce water flows in the Indus, Ganga and Brahmaputra. Third pole The Third Pole, also known as the Hindu Kush-Karakoram-Himalayan system refers to the region of the …