CURRENT AFFAIRS 24th DECEMBER

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Sidimania

Date

December 24, 2020

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# Cairn energy

 

 

  • India has been ordered to return upto $ 1.4 billion to Cairn energy PLC of United Kingdom.
  • India lost the arbitration case at an international arbitration tribunal.
  • The three member tribunal comprised of a nominee of the Indian government.
  • The tribunal uninamously ruled that India’s claim of 10,247 crore rupees in past taxes over a 2006-07 internal reorganisation of Cairn India business was not a valid demand.

 

 

 

# New coronavirus strain in UK

  • A new virus strain found in UK has created a sense of fear in different parts of the world.
  • This coronavirus strain is found to be 70% more efficient in transmission.
  • However, it is not ascertained if, it is more deadly or lethal than the previous one or not.
  • Many european countries and India has decided to put a travel ban on UK bound flights.
  • Most of the travellers in last few weeks from UK are being traced and tested for coronavirus and further contact tracing is being done.

 

 

# I&B ministry

  • The cabinet on wednesday approved the merger of four government run film media units.
  • These include the merger of the films divisions, the directorate of film festivals, the national film archives of India and the autonomous body children’s film society – with the national film development corporation.
  • Thw merger of film media units under one corporation will lead to convergence of activities and resources and better coordination.
  • The films division, established in 1948 and the oldest of the four units,was created primarily to produce documentaries and news magazines as publicity for government programmes and to keep a cinematic record of Indian history.

# Nepal

  • The supreme court of Nepal on wednesday started hearing writ petitions filed against the dissolution of the house of representatives by president Bidhya Devi Bhandari.
  • The Supreme court has now transferred the case to a constitutional bench.
  • The bench will examine the constitutionality of the decision to dissolve the house especially as the 2015 constitution does not allow for such a move for political necessities.

 

 

# GST registration

  • The government has introduced mandatory physical verification of business premises for the purpose of obtaining GST registration.
  • The GST council secretariat said that the move, aimed at controlling the menace of GST fake invoice frauds, was recommended by the council’s law committee.
  • Now, there must be in person verification before registration is granted to an applicant.

 

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