What is dumping? Dumping is the practice of selling a product in a foreign market at an unfairly low price (a price that is lower than the cost in the home market, or which is lower than the cost of …
Context Recently, a national party lodged a complaint with the Election Commission of India (ECI) against an MP for hurting the sentiments of followers of a religion. What does the law say? Section 123(3) of the Representation of the People …
What is UNRWA? UNRWA stands for UN Relief and Works Agency for Palestinian Refugees in the Near East. It was founded in 1949 by an U.N. resolution to provide aid to about 700,000 Palestinians who were forced to leave their …
About There are five statutory Commodity Boards under the Department of Commerce. These Boards are responsible for production, development and export of tea, coffee, rubber, spices and tobacco. Coffee Board of India The Coffee Board is a statutory organization constituted …
About The Maritime Anti Piracy Act was passed by the Parliament in 2022 to give effect to the United Nations Convention on the Law of the Sea (UNCLOS), which provides a framework for combating piracy and armed robbery at sea. …
bout NCLAT The National Company Law Appellate Tribunal (NCLAT) was constituted under the Companies Act, 2013 for hearing appeals against the orders passed by the National Company Law Tribunal under the Insolvency and Bankruptcy Code, 2016 (IBC). NCLAT is also …
Context A recent industry report focusing on Generative AI (GenAI) suggests that GenAI holds the potential to contribute up to 1.5 trillion dollars to India’s GDP by 2030. Generative AI is a type of artificial intelligence technology that can produce …
What’s in the news? A Lancet study has highlighted that by 2050, one in five Indians will be a senior citizen while there will be fewer younger people to take care of them. The study noted that India’s total fertility …
Context: World Water Day, which falls on March 22, is a global initiative backed by the United Nations, and has been observed every year since 1993. Under different themes, the attempt has been to raise awareness among stakeholders about the …
Context: Prime Minister Narendra Modi received Bhutan’s highest civilian award, the ‘Order of the Druk Gyalpo,’ the first foreign Head of the Government to receive the honour. The award has been conferred to Prime Minister Modi in recognition of “his …