Daily current affairs 2nd March

Posted by

Sidimania

Date

March 2, 2022

Comments

No Comments

# Russia – Ukraine

  • The war in Ukraine claimed its first Indian casualty as a 21 year old student from Karnataka was killed on Tuesday in an attack by Russian forces in Ukraine’s Kharkiv city.
  • Other than evacuating Indian citizens from Ukraine, India is also sending humanitarian assistance for Ukraine including medical supplies, blankets etc.
  • The fourth round of talks between Russia and Ukraine is scheduled to happen on Wednesday.

# GST

  • The Gross goods and services tax (GST) revenue in February was 26% higher than the pre pandemic levels at 1.33 lakh crores, the finance ministry said.
  • This is the fifth time that GST revenues have crossed ₹1.3 lakh crore since its launch in July 2017.
  • Revenues from imports of goods were 35% higher year on year.
  • GST compensation cess collections crossed ₹10000 crore in a month for the first time in February.

# Chip shortage

  • The global semiconductor shortages continued to play spoilsport for the Indian automobile industry, with major manufacturers such as Maruti suzuki, Hyundai, Toyota and Honda reporting a drop in wholesales in February.
  • However,Tata motors, Mahindra and Mahindra, MG motors recorded a increase in sales.

# IT sector

  • The Russia-Ukraine conflict may disrupt the services of 80000 to 1 lakh highly qualified professionals which are working in Russia and Ukraine.
  • These jobs have to move to a safer location and about 70% are likely to come to India.
  • Ukraine is a key global delivery location for IT and engineering R&D services.

Category

Subscribe



FOLLOW US ON

Copyright 2021 Sidimania infotainment All Right Reserved. Privacy & Policy