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Top 10 Daily Current Affairs : 22 April 2019 22 April 2019
The income tax department altered the method for taxing multinational companies (MNCs) and digital firms with a permanent establishment in India by taking into account various factors like domestic sales, employee (manpower and wages) strength, assets and user base.
In ‘Profit Attribution to Permanent Establishment (PE) in India’ report, the CBDT (Central Board of Direct Taxes) Committee stated that MNCs that are suffering global losses or a global profit margin of less than 2% and... Read More
Saudi Arabia has issued a formal order increasing the Haj quota for India to two lakhs from one lakh seventy five-thousand.
In February this year, the Saudi Crown Prince Mohammed bin Salman at a meeting with Prime Minister Narendra Modi had announced that Indian Haj quota would be increased by 25 thousand to two lakhs.
This is the third hike in three consecutive years.
In 2017, the quota was increased by 35,000 while last year, it was raised by 5,000 to take the number to 1,75,000.
A record... Read More
Indian Navy chief Admiral Sunil Lanba launched the third ship of Project 15B, a guided missile destroyer Imphal, at Mazagon Dock Shipbuilders, Mumbai.
The launch weighs 3,037 tonnes.
Project 15B ships have been designed indigenously by the Indian Navy’s Directorate of Naval Design. Each ship spans 163 metres in length and 17.4 metres at beam and displaces 7,300 tonnes. These ships will be propelled by four gas turbines to achieve speed in excess of 30 knots.
P15B ships will be equipped... Read More
Sri Lankan President Maithripala Sirisena announced the appointment of a special committee led by retired Supreme Court judge to investigate the attacks and submit its report within two weeks.
Thirteen local suspects have been arrested for their involvement in the serial blasts across the country yesterday which has claimed 207 lives.
At least 450 people were injured and hospitalized following the attacks targeting three five-star hotels in capital Colombo and three churches... Read More
Election Commission of India (ECI) launched a new mobile app for the voters across the country to see the realtime availability of voter turnout during the election season in the country.
The beta version of the ECI's Voter Turnout app is available for download on the Google Play Store and as of now it has been downloaded over 5,000 times.
The captures the real-time information gathered by the Returning Officers following which it calculates the estimated totals.
It then displays... Read More
Sairee Chahal having extensive experience of customer service ecosystem appointed to Board of Directors in Paytm Payments Bank (PPB).
Sairee Chahal is the founder and CEO of Sheroes which is a community platform for women.
PPB was incorporated in August 2016 and formally began its operations in 2017.
The founder of Paytm, Vijay Shekhar Sharma holds 51% stake in PPB and One97 Communications holds the rest of the stakes.
About Paytm Payments Bank
Founder(s): Vijay Shekhar... Read More
Ukrainian comedian Volodymyr Zelenskiy, who played president in a TV series, is set to become the new president of Ukraine.
He received 73.19% of the votes, while his opponent, incumbent President Petro Poroshenko saw support of 24.48%.
Poroshenko, who was running for his second five-year term, has admitted defeat.
Zelenskiy planned to continue European-backed talks with Russia on a so far largely unimplemented peace deal and would try to free Ukrainians imprisoned in Russia, which is... Read More
Malayalam film Bhayanakam (Fear) directed by Jayaraj won the best cinematography award at the Beijing International Film Festival.
The cinematography was done by Nikihil S Praveen.
The film had also won the best cinematography award at the 65th National Film Awards.
The film portrays the visits of first World War veteran to a small village in the backwaters of Kerala's Kuttanand as a postman during the World War-II. He shares with the families the good and bad news of the soldiers who... Read More
So far the number of states and Union territories that have joined a pan-India network of single emergency helpline number ‘112’ amounts to 20.
The 20 states and UTs include Himachal Pradesh, Andhra Pradesh, Uttarakhand, Punjab, Kerala, Madhya Pradesh, Rajasthan, Uttar Pradesh, Telangana, Tamil Nadu, Gujarat, Puducherry, Lakshadweep, Andaman and Nicobar Islands, Dadar and Nagar Haveli, Daman and Diu, Jammu and Kashmir and Nagaland.
About helpline ‘112’:
The Emergency... Read More
Mukesh Kumar, chief of former Judo Federation of India was re-elected as general secretary of Judo Union, the Asian governing body, at its ordinary congress at Fujairah, UAE.
He is also the Chairman of the Technical Conduct Committee of the 36th National Games that is allotted to Goa.
The present President of Judo Federation of India, Partap Singh Bajwa was elected as Vice President of Judo Union of Asia and as president of South Asia Judo Federation.
About United Arab... Read More
The retail venture of Reliance Industries reported an income of Rs 1,30,556 crore for 2018-19, 89% more than the previous year’s Rs 69,198 crore, the company.
Notably, Reliance Retail is the only Indian retailer to be in the top 100 global retailers list and the 6th fastest growing retailer globally as per the Global powers of retailing 2019, Deloitte.
Mukesh Ambani led Reliance Retail also became the first Indian retailer to cross more than 10,000 stores. It operates 10,415 retail... Read More
Export Promotion Council for Handicraft (EPCH) board appointed Ravinder Kumar Passi (previously a vice chairman of EPCH), to the post of Chairman of EPCH.
He will take charge for the post of Chairman shortly from his predecessor O P Prahladka.
Ravinder Kumar Passi served EPCH in various important position including the post of chairman during 2001-2002.
About Export Promotion Council for Handicraft (EPCH)
EPCH is a non-profit organisation, established under Companies Act of 1956... Read More
The International Labour Organization (ILO) has listed the Bhopal gas tragedy among the world’s major industrial accidents in the last century.
About Bhopal gas tragedy:
The gas leak in the Union Carbide pesticide plant in the Madhya Pradesh capital, Bhopal on the night of December 2 and 3, 1984, killed over 3,500 people.
Union Carbide, which is now owned by Dow Chemicals, and other firms have so far paid $470 million (Rs 3,261 crore) as compensation to the Indian government.
At least... Read More
On 22nd April 2009 the United Nations General Assembly adopted a resolution declaring 22nd April as the “International Mother Earth Day”.
The term ‘Mother Earth’ implies the interdependent relationship which exists between all the species of planet earth and to acknowledge earth’s role in sustaining them all.
World Earth Day 2019 theme is ‘Protect Our Species’. It will mainly focus on saving species which are on the verge of extinction due to climate... Read More
Airtel Payments Bank joined hands with Bharti AXA General Insurance for a two-wheeler insurance product offering which is available on MyAirtel App and at over 40,000 Airtel Payments Bank points across India.
They offer various benefits like 70 percent savings on an annual premium, personal accident cover, protection against third-party liabilities and inspection-free renewal through a paperless process.
Customers can avail towing services at no extra cost on claim intimation, at the... Read More
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