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Global Minimum Corporate Tax Rate

What is Global Minimum Corporate Tax Rate in UPSC?

Context: In a declaration of war on low-tax jurisdictions around the globe, US has urged the world’s 20 advanced nations to move in the direction of adopting a minimum global corporate income tax rate– in essence, setting a minimum rate for corporations all over the world to pay regardless of which jurisdiction they are registered …

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dogecoin

What is dogecoin? How to buy Dogecoin?

Context: The value of Dogecoin value, a virtual currencies Bitcoin and Ethereum, has risen phenomenally recently. The main reason believed to be behind Dogecoin’s meteoric surge is the same that has propelled the value of Bitcoin and Etherem– recent listing of Coinbase, the most popular virtual currency exchange in the US. Analysis Dogecoin was initially …

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Indian E-Visa

What is an (Indian e-visa) electronic visa facility?

Context: The Ministry of Home Affairs (MHA) has restored the electronic visa (Indian e-visa ) facility for foreigners from 156 countries, who intend to visit India for the purposes of business, conferences, and for medical reasons, including in the case of medical attendants. E-visa for tourists is yet to be restored. Analysis Though the facility …

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Indian Energy Exchange

Indian Energy Exchange (IEX) 

Context: Average spot power price rose by 65% to ₹4.06 per unit in March compared to the year earlier month at the Indian Energy Exchange (IEX) mainly due to increase in demand on account of rise in temperature and revival of economic activities. Analysis INDIAN ENERGY EXCHANGE LIMITED (IEX) is the first and largest energy …

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Chenab Bridge

Chenab Bridge: World’s highest Railway Bridge

Context: The Prime Minister has lauded the completion of Arch closure of the Chenab Bridge, World’s highest Railway Bridge in Jammu & Kashmir by Indian Railways It connects Kashmir with the rest of India through a rail line. The 1.315 km long “engineering marvel” will link Bakkal in Katra and Kauri in Srinagar. The Chenab …

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Global Gender Gap Report 2021

World Economic Forum’s Global Gender Gap Report 2021

Context: India has fallen 28 spots to rank 140th among 156 countries on the World Economic Forum’s Global Gender Gap Report 2021. In 2020, India had ranked 112th among 153 countries on the index.  Global Gender Gap Report 2021 The index benchmarks the evolution of gender-based gaps among four key dimensions –  Economic Participation and Opportunity,  Educational …

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new airbag rule

New Airbag rule means for Passengers and Carmakers

Context: The central government has made front passenger airbags mandatory for all vehicles as per the new airbag rule (it is compulsory to fit a driver airbag in cars from July 2019). New Airbag rule The Ministry of Road Transport and Highways (MoRTH) has mandated that “Vehicles manufactured on and after April 1, 2021, in …

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