Government launches UTTAM App for coal quality monitoring

The Ministry of Coal has launched UTTAM (Unlocking Transparency by Third Party Assessment of Mined Coal) Application for coal quality monitoring. The app aims to ensure transparency and efficiency in coal quality monitoring process and bring coal governance closer to people. Key Facts The app has been jointly developed by Ministry of Coal and Coal Read More…

Indian Navy conducts Chakravat HADR Exercise with Kerala Government

Indian Navy conducted multi-agency humanitarian assistance and disaster relief (HADR) exercise named ‘Chakravat’ meaning ‘cyclone’ with coordination of Kerala Government off Kochi Coast. The mandate of exercise was to review response mechanism in the event of a cyclonic storm. It was led by the Southern Naval Command at BTP Jetty of the Cochin Port. Key Read More…

RBI constitutes inter-departmental group to study launching of fiat digital currency

The Reserve Bank of India (RBI) has constituted an inter-departmental group to study and provide guidance on feasibility to introduce fiat digital currency backed by it. It will be submitted by end-June 2018. Fiat currency is currency that a government has declared to be legal tender. It is different from cryptocurrency or virtual currency like Read More…

CBDT forms Working Group to assess tax risks of High Net Worth Individuals migrating abroad

The Central Board of Direct Taxes (CBDT) has constituted 5-member working group (committee) to examine taxation aspects related to High Net Worth Individuals (HNWIs) who are migrating abroad to other jurisdictions. The Working Group will be headed by Pragya Sahay Saksena, a joint secretary with Foreign Tax & Tax Research Division of CBDT. Key Facts Read More…

Government constitutes committee to regulate news portals

The Ministry of Information and Broadcasting (I&B) has constituted 10-member committee to regulate online portals, including news websites, entertainment sites and media aggregators. The committee will include secretaries of departments of Home, Electronics and Information and Technology, Legal Affairs and Industrial Policy and Promotion. The CEO of MyGov and representative each of Press Council of Read More…