China has come up with a tit for tat approach as it announces import duties to be imposed on dairy products from the European Union (EU). What Caused China To Take This Step? Last week, the EU imposed additional tariffs on China- made Electric Vehicles (EV). These tariffs were as high as 37.6%. The reason for this move was given as the fact that the Chinese EV firms receive a lot of financial support from their government in the form of subsidies. Owing to this, they are able to provide their products for extremely cheap in the EU, and the…
Author: tripti.agarwal
In the budget announced this year on the 23rd of July, an announcement was made for the youth internship programme, which is expected to provide numerous training and employment opportunities to the youth. However, according to various stakeholders and experts, this can only be possible if there is close coordination among the stakeholders and if efforts are made to overcome financial and other challenges. What Is The Youth Internship Scheme? The Finance Minister, Nirmala Sitharaman, announced this scheme in her Budget session. According to this scheme, a number of internships will be provided by the top 500 companies of the…
The RBI recently came out with an announcement. The announcement declared a new framework to be released for SROs. Also, from now on the SROs are recognized bodies that will help in policy making and building up a compliance culture. What Are SROs? SRO stands for a Self- Regulatory Organization. These are usually private organizations that are subject to a certain degree of government regulations despite being a privately controlled entity. What Powers Do They Have? These SROs also command a certain amount of influence and power over a particular industry or profession as such. These generally help monitor if…
It is the occasion of Raksha Bandhan today, which celebrates the bonds that siblings share with each other. While Raksha Bandhan stems from the bond shared by Krishna and Draupadi in the Mahabharata, the occasion is now being used by brands to establish an emotional connection with the consumers. Marketing Strategies Various brands have come up with popular advertisements and campaigns in the form of short films, appealing messages and heart touching taglines to win over their customers and use this as a strategic and well-planned marketing opportunity. Creative Campaigns- A Closer Look Apollo Tyres has made use of a…
The MSCI Index stands for the Morgan Stanley Capital International Index. This index is like a benchmark for various global equities and stocks. It lists stocks according to their global importance and their performance. It highlights their performance and growth in various aspects in the values of the index. Why Is MSCI Important? This index holds its importance in the financial and money world. Being listed on the index increases the confidence of the investors in the particular stock, and drives up its demand and hence its prices too. While on the other hand if some company is suddenly removed…
The Finance ministry of India has announced that it will be exempting the UIDAI from taxes for 5 years till 2027-28. What Is The UIDAI? The UIDAI which is basically the Unique Identification Authority of India was established back in the year 2016 and it works closely with the GOI. It works under the Ministry of Electronics and Information technology (MeitY). It is a statutory body which implies that it is created by law and hence by an act in the Parliament of the country. What Does It Do? This organization, headquartered in New Delhi, is primarily concerned with collecting…
The Supreme Court today, that is, on the 14th of August, 2024, has made the decision to put a complete stay on the order of the NCLAT. The NCLAT order declared that the insolvency proceedings between the ed-tech company BYJU’s and the BCCI will come to an end. But now this stands on hold. What Was The Deal Between The Two Entities? The insolvency proceedings were initiated against BYJU’s after it failed to clear dues of almost 158 rupees crore that it owed to the Board of Controllers of Cricket (BCCI). The investigation had begun against the firm in June,…
The first cabinet meeting was held in Nusantara by the Indonesian President Joko Widodo this Monday. This marks the first meeting that was held in the new capital of the country. But Why The Shift In Capital? The old capital of Indonesia that is Jakarta, has been sinking owing to the climate change that is catching pace. Along with this, Jakarta is often described as overcrowded and extremely congested to live in. Where Does The Progress Stand? The construction of the new capital which is at the heart of the island nation was announced years ago but was facing multiple…
New Zealand is now recognized as one of the most popular study destinations in the world. The country provides quality education, good universities and a welcoming community of immigrant students. According to data, out of all the study visas issued in 2023, around 17% of them belonged to Indian students. Attractive Study Destination According to the QS World Rankings, the universities in New Zealand make it to the top 3% in the list and offer quality, industry-oriented courses in a diverse range of fields and disciplines. Highly specialized courses along with practical internship opportunities make these courses extremely attractive for…
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