Delhi HC Verdict on ‘Rooh Afza’ Trademark
Context: Recently, the Delhi High Court, in the case of Hamdard National Foundation (India) vs Sadar Laboratories Pvt. Ltd., restrained Sadar Laboratories from manufacturing and selling beverages under the impugned trademark ‘Dil Afza’. The court observed that the trademark ‘Rooh Afza’ is prima facie a strong mark requiring a high degree of protection as it has acquired immense goodwill. […]
Ban on the Agri-Commodities Trading
Context SEBI recently extended the ban on futures trading in seven agricultural commodities, including derivatives of two crops, which had been in effect since December 20, 2021. Relevance: GS Paper-3: Indian Economy and issues relating to planning, mobilization of resources, growth, development and employment; Commodity Market in India. Mains Question What exactly is commodity trading? Also, […]
Private Cryptos And Financial Crisis
Context RBI Governor Shaktikanta Das has stated that cryptocurrencies will cause the next financial crisis, and that developments at crypto exchange FTX have vindicated the central bank’s stance. He made these remarks at a Business Standard-organized BFSI summit in Mumbai. Relevance GS Paper -3: Indian Economy and issues relating to planning, mobilization, of resources, growth, […]
India’s Industrial Policies in ‘State’
Context A draught of a new industrial policy for India, titled ‘Industrial Policy 2022—Make in India for the World,’ was recently circulated for public comment. Relevance: GS Paper -3: Effects of Liberalization on the Economy, Changes in Industrial Policy and their Effects on Industrial Growth. Mains Questions Why is it so difficult to develop and […]
Foreign Contribution (Regulation) Act (FCRA)
Context: The Union government said that certain non-governmental organisations (NGOs) were trying to “change the demography” of the country through foreign funding and this would not be allowed. Relevance: GS-II: Polity and Governance (Government Policies & Interventions, Non-Governmental Organisations -NGOs), GS-III: Indian Economy (External Sector, Mobilization of Resources) Dimensions of the Article: What is the […]
What Is A Surety Bond?
Focus: GS III: Indian Economy Why in News? Union Minister for Road Transport and Highways launched one of India’s first-ever Surety Bond Insurance product from Bajaj Allianz. What is a Surety Bond? IRDAI guidelines for surety bonds:
Decriminalisation of Offences Under GST
Context: Recently, The 48th GST Council meeting was chaired by Finance Minister recommended to decriminalise certain offences under Section 132 of the Central Goods and Services Tax (CGST) Act, 2017. Relevance: GS III: Indian Economy Dimensions of the Article: GST Council Matters on which GST Council makes recommendations What was previously criminalised under GST? Tax […]
Open Network for Digital Commerce
Focus: GS III- Indian Economy Why in News? Open Network for Digital Commerce (ONDC) will charge a “small fee” from platforms that will contribute towards “maintenance and development” of the network. About Open Network for Digital Commerce (ONDC) project The main aims of ONDC are to: Department for Promotion of Industry and Internal Trade (DPIIT) What is […]
Sovereign Gold Bond Scheme
Focus: GS II- Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment. Why in News? Recently the Finance Ministry said that the Sovereign Gold Bonds (SGBs) 2022-23-Series III will open for subscription during the December 19-December 23 period and the 2022-23-Series IV during March 06-10, 2023. About Sovereign Gold Bond Scheme […]
Geographical Indication (GI) Tag
Context: Recently, Total number of Registered Geographical Indications (GI) rise to 432 Relevance: GS III: Indian Economy Dimensions of the Article: Details: About GI Tag -Source: The Hindu