Page-15 of Current Affairs - May, 2023

Pocket Map of Kartavya Path

Prime Minister Narendra Modi recently unveiled a pocket map of Kartavya Path during the International Museum Expo held at Pragati Maidan. The map showcases various State Houses and historic cultural institutions located near the iconic India Gate complex. Kartavya Path: ..

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Advance and EPCG Authorisation Scheme

The finance ministry has introduced an amnesty scheme aimed at offering relief to traders who have defaulted on their export obligations. This scheme provides an opportunity for traders to rectify past defaults and fulfill their export obligations by paying customs ..

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Shipbuilding Financial Assistance (SBFA)

India has taken a significant step towards promoting its maritime sector by revamping the ship building subsidy scheme. The scheme aims to provide subsidies for vessels used in offshore wind energy projects and undersea cable laying, with the objective of ..

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Unpublished Price Sensitive Information

The Securities and Exchange Board of India (Sebi) recently proposed significant changes to the definition of Unpublished Price Sensitive Information (UPSI) to ensure regulatory certainty and uniform compliance among listed companies. The proposal aims to enhance transparency and timely disclosure ..

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NRL-T-Hub MoU to Promote iDEATION Program

Numaligarh Refinery Limited (NRL), a leading company based in Assam, has recently signed a Memorandum of Understanding (MoU) with T-Hub, India’s pioneering innovation ecosystem. This collaboration aims to foster business innovation and promote NRL’s flagship startup program, ‘iDEATION.’ The partnership ..

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Rasht-Astara Railway Link

In a significant development, Russia and Iran have recently signed a Memorandum of Understanding (MoU) to construct a rail link that will bolster the International North-South Transport Corridor (INSTC) and facilitate the expansion of trade between India and Russia. This ..

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SEBI Recommendations on Mutual Fund Fees

The capital markets regulator, Securities and Exchange Board of India (SEBI), has recently put forth a series of proposals aimed at reforming the fee structure of mutual funds. These changes seek to enhance transparency, reduce mis-selling, and make investing in ..

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Chevalier de la Legion d’honneur

The Chevalier de la Legion d’honneur holds a prestigious position as France’s highest civilian honor. Recently, N. Chandrasekaran, Chairman of Tata Group, was bestowed with this esteemed award for his remarkable contributions in strengthening the trade relationship between India and ..

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SEBI Framework for Unexplained Suspicious Trading Pattern

The Securities and Exchange Board of India (Sebi) has proposed a robust regulatory framework to address the issue of suspicious trading patterns in the financial markets. By prohibiting individuals from engaging in suspicious trading activities related to material non-public information, ..

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Spitzer Resurrector Mission

The Spitzer Space Telescope, renowned for its infrared imaging capabilities, has played a significant role in advancing our understanding of the universe. Launched in 2003, the telescope was designed to function for five years, but it exceeded expectations by continuing ..

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