✈ INTERNATIONAL NEWS
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1. Switzerland has announced the removal of the most-favored-nation (MFN) clause from its tax agreement with India. This decision follows a Supreme Court ruling in 2023 concerning Nestle, which clarified the applicability of the MFN clause.
2. Senior officials from India’s Ministry of Finance and the UK’s HM Treasury convened to discuss financial cooperation. This dialogue involved key regulatory bodies, including the Reserve Bank of India (RBI), the Securities and Exchange Board of India (SEBI), and the Bank of England (BoE).
3. India has recently become the first nation to officially define “green steel,” which includes steel produced with carbon dioxide emissions of less than 2.2 tonnes per tonne of finished steel.
4. External Affairs Minister S Jaishankar on Friday received the Ambassador of Armenia to India Vahagn Afyan in New Delhi.Jaishankar said that the two discussed about deepening the India-Armenia cooperation.
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🌎 WORLD NEWS 🌍
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1. South Korean President Yoon Suk Yeol impeached for his attempt to impose martial law.
2. Mikheil Kavelashvili has been elected as the next president of Georgia, amid mounting anger over the government’s halt to the European Union accession process until 2028. Mikheil Kavelashvili is a former footballer and MP from the ruling Georgian Dream party.
3. Researchers at the RIKEN Centre for Emergent Matter Science in Japan have designed a revolutionary biodegradable plastic that dissolves in seawater. The material of this plastic is also strong and can be adjusted to fit various uses such as packaging materials to medical devices. The special quality of this plastic lies in the composition, which consists of food-safe components.
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Ms. Pooja, |
