Shell Company Subject :Economy Context: Registration rules tightened for companies to check shell companies. Details: Several companies with links to Chinese entities were unearthed recently by the Serious Fraud Investigation Office. The new rules will facilitate tech-enabled real-time oversight of company incorporation and statutory filings It is part of the ‘company module’ of […]

    The Mining Sector Subject : Economy Context Centre has proposed to amend the Mines and Mineral (Development and Regulation) Act, 1957 to put a ceiling on mineral-wise and State-wise area limits for each State. Details: All states will have to follow the area limits for various minerals while auctioning resources, and changes would […]

    White goods Subject :Economy Context: White goods are large home appliances such as stoves, refrigerators, freezers, washing machines, tumble driers, dishwashers, and air conditioners. They are large electrical goods for the house which were traditionally available only in white. Even though you can purchase them today in a wide range of different colors, […]