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Current Affairs

India refunds Cairn ₹7,900 crores to resolve a retroactive tax dispute

February 25, 2022 by iascurrent
Cairn

The Indian government has refunded Cairn Energy Plc ₹7,900 crores in taxes collected to enforce a retrospective tax demand, putting an end to a seven-year-old dispute that had tarnished the country’s image as an investment … Read more

Categories Current Affairs, Economy, National Leave a comment

Tata is in discussions with aircraft manufacturers regarding an Air India order

February 25, 2022 by iascurrent
Tata

Boeing Co and Airbus SE executives met with Tata Group executives in recent weeks to discuss aircraft orders for Air India, according to two people familiar with the matter. Tatas reclaimed ownership of state-run airline … Read more

Categories Current Affairs, National Leave a comment

Annie Besant: Her contriubution in Socio-Religious Movements

February 25, 2022 by iascurrent
Annie Besant

Towards the fag end of the 19th century, Annie Besant emerged as one of the leading figures of the Indian spiritual renaissance. The period was flooded with a search for new values and a rethinking … Read more

Categories Current Affairs, History, UPSC Leave a comment

Modi urges Putin to put an end to the violence; Biden states that the US is in talks with India

February 25, 2022 by iascurrent
Modi

As a stunned world watched Russia’s attack on Ukraine unfold and prominent US and European leaders condemned the invasion, Prime Minister Narendra Modi called Russian President Vladimir Putin and “appealed for an immediate cessation of … Read more

Categories Current Affairs, International 1 Comment

Rajasthan’s budget has brought back the old pension scheme

February 25, 2022 by iascurrent
Rajasthan

Rajasthan Chief Minister Ashok Gehlot announced Wednesday, as part of his populist budget presentation ahead of the 2023 State Assembly election, the restoration of the old pension scheme for government employees hired on or after … Read more

Categories Current Affairs, National Leave a comment

The rupee has dropped 102 paise to 75.63 versus the dollar due to the Ukraine situation

February 25, 2022 by iascurrent
Rupee

On Thursday, the rupee fell 102 paise to 75.63 (provisional) against the US dollar as risky assets fell in value after Russia initiated armed activities in Ukraine. Foreign fund outflows, significant selling in domestic equities, … Read more

Categories Current Affairs, Economy, International Leave a comment

Ukraine envoy unhappy with Indian answer

February 25, 2022 by iascurrent
Ukraine

Following President Putin’s decision for “special military operations” in Ukraine, Ukraine made a strong plea to India on Thursday to stop the killing. He urged Prime Minister Narendra Modi to personally commence talks with Russian … Read more

Categories Current Affairs, International 2 Comments

Dr. Reddy’s monitoring developments in Russia, CIS region

February 24, 2022 by iascurrent
Reddy

Dr. Reddy’s Laboratories, which counts Russia and the CIS region among its key growth markets, is keeping a careful eye on developments as tensions between Ukraine and Russia escalate. “We have been closely monitoring developments … Read more

Categories Current Affairs, COVID, Economy, International Leave a comment

After Russia invaded Ukraine, cryptocurrency prices crashed

February 24, 2022 by iascurrent
Russia

On Thursday, bitcoin fell to its lowest level in a month after Russian forces fired missiles at numerous Ukrainian cities and landed troops on the country’s coast, spurring a sell-off of riskier assets. Bitcoin dropped … Read more

Categories Current Affairs, Economy Leave a comment

US group hacked top research universities in India, Russia, and China, alleges Beijing cyber firm

February 24, 2022 by iascurrent
US hacker

A new report from a Beijing-based cybersecurity firm says hackers associated with the US National Security Agency (NSA) were found to have placed “covert backdoors” that may have given them access to sensitive information in … Read more

Categories Current Affairs, International, Science and Technology Leave a comment
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