NGT forms panel to probe tree felling in Faridabad govt. office
Context: The National Green Tribunal (NGT) has formed a panel to ascertain facts while hearing a plea regarding alleged illegal felling of several Pipal trees in the premises of the office of the Deputy Director of Animal Husbandry and Dairying in Haryanaās Faridabad. Know more about NGT?
Economic conditions and of MSMEs
Context: Micro, Small, and Medium Enterprises (MSMEs) are crucial to India’s economy, driving employment and local growth, but face challenges like limited access to credit and formalization. Despite efforts to boost their contribution to GDP, the sector has struggled, especially due to the impact of COVID-19.
Sebi Modifies Listing Oblligation & Disclosure Requirements Regulations
Context: The Securities and Exchange Board of India (Sebi) has notified a raft of changes to the listing obligation and disclosure requirements (LODR) regulations in areas such as related party transactions (RPTs), promoter reclassification, and secretarial audit. Details of the Changes made by SEBI: Key Terms: The Listing Obligations and Disclosure Requirements (LODR) are a set of regulations that govern how listed companies communicate information, meet compliance requirements, and adhere to corporate governance norms. Related Party Transactions (RPTs) It is a transaction between related parties which involves transfer of resources, services or obligations between them regardless of whether a price is charged. A secretarial audit is a audit that ensures a company is following the laws and regulations set by the Securities and Exchange Board of India (SEBI) and other governing bodies. Also know about: Securities and Exchange
Foreign Portfolio Investments in Indian Equities
Context: Foreign portfolio investors (FPIs) invested $982 million in Indian equities during 2024, boosted by $13,357 million in the primary market through IPOs and QIB. FPI stands for Foreign Portfolio Investment, which is a type of invest in securities and financial assets in another country. FPIs are a way to invest in overseas economies.
Challenges in the Cybersecurity Framework of Banks in India
Context: Banks will likely not meet the January 1 date for implementing a cybersecurity framework as defined by Sebi for their multinational lenders with custody and investment banking departments. The Securities and Exchange Board of India’s (SEBI) Cybersecurity and Cyber Resilience Framework (CSCRF) It is a set of guidelines and standards to improve the cybersecurity of SEBI-regulated entities (REs). This framework was introduced on August 20, 2024.
āJalvahakā schemeĀ
Context: The government on Sunday (December 15, 2024) unveiled a major policy for cargo promotion, āJalvahakā, to boost long haul cargo movement via inland waterways across National Waterways (NW) on rivers Ganga, Brahmaputra and Barak. Key Highligts:
Places of Worship Act
Context: Supreme Court’s Interim Order on Places of Worship Disputes Highlights: Know about: Places of Worship Act, 19
Regularizing Overfishing though WTO framework
Context: India is pushing for the use of a āper capita distribution of subsidiesā criteria in order to discipline subsidies that result in overfishing and overcapacity under a World Trade Organisation (WTO) framework. Highlights: World Trade Organization World Trade Organization framework for addressing overfishing through the Agreement on Fisheries Subsidies Know more about WTO?
MFN treatment for India by Switzerland
Context: The cessation of MFN treatment for India by Switzerland in terms of their double tax avoidance agreement does not adversely affect trade from January 1 as told by officials. Know about: MFN treatment for India by Swit
