IMF warns for ‘Ricochet Impact’

According to International Monetary Fund (IMF), Emerging-market nations’ struggle to move out of covid-19 pandemic-induced economic crisis can hurt developed nations. It said, crisis has “Ricochet impact” on the developed and advanced economies. Highlights IMF suggests that, developed nations should ..

Month: Current Affairs - May, 2021

SEBI to appoint Forensic Auditors for Listed Firms

Security and Exchange Board of India is considering to appoint auditors in a bid to conduct forensic audits of financial statements of listed companies to strengthen its efforts towards curbing frauds. Highlights In recent times, SEBI has already conducted forensic ..

Month: Current Affairs - May, 2021

Why WhatsApp sue Indian Government?

As the New IT (Digital Media) Rules of India came into force, WhatsApp has sued the Indian government in Delhi Court and asked to block regulations. Why WhatsApp sued? WhatsApp sued the government because, it is believed, law will compel ..

Month: Current Affairs - May, 2021

WCD Ministry to set up One-Stop Centres

Union Ministry of Women and Child Development, Government of India, is to set up One-Stop Centres (OSCs) in 10 missions across 9 countries. It will be set to curb the cases of violence against women. In which countries OSCs will ..

Month: Current Affairs - May, 2021

‘One Health’ panel set up to advise on Animal Disease Risks

World Health Organization along with three other international bodies have set up a team of experts who will help in developing a global plan on preventing the spread of diseases from animals to humans. One Health High-Level Expert Panel This ..

Month: Current Affairs - May, 2021

NASA’s New Earth System Observatory

NASA has set up a new Earth System Observatory which will help in mitigating climate change, forest fires and hurricanes. It will also support real-time agriculture. Purpose of New Earth System Observatory Each satellite in the observatory will be designed ..

Month: Current Affairs - May, 2021

Guillermo Lasso: Ecuador’s first right-wing President in 14 years

Guillermo Lasso, a conservative, assumed presidency of Ecuador on May 24, 2021 and has become first right-wing leader in 14 years in Ecuador. Highlights Rejuvenation of an economy that has contracted by 7.8 percent in 2020 and the overall debt ..

Month: Current Affairs - May, 2021

Endangered African Violet plant discovered in Mizoram

A new species of plant, called African violet, was discovered by Indian Institute of Science education and research (IISER), Bhopal. Key Points African violet is found in parts of Mizoram and adjoining areas in Myanmar. This discovery has given a ..

Month: Current Affairs - May, 2021