Daily News Analysis

B20 Summit

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B20 Summit

 

 

  1. The Business 20 (B20) is an event which is part of the G20 Summit which is meant to express common views from the international business community.
  2. The main purpose is to develop recommendations and issue relevant commitments from the business leaders and business organizations to deal with present issues.
  3. B20 are gathered in 12 working groups which are co-chaired by a company CEO and a President of business organization to elaborate concrete recommendations.
  4. These proposals will be presented to the Head of State and Government and taken into account in the G20 final conclusions.
  5. Some of the priorities of B20 includes:
    1. Economic policies
    2. Anti-corruption
    3. Financial regulation
    4. Trade and Investment
    5. Energy
    6. Global governance
    7. Development and Food Security.

Critical Minerals

India’s first auction of deep-sea blocks for the extraction of critical minerals has been delayed indefinitely after receiving a poor response from bidders. This auction was expected to be a
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President's Rule

The extension of President’s Rule in Manipur has brought to the fore the historical and controversial use of Article 356 of the Indian Constitution, shedding light on how its imposition disr
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Beggars' Homes in India

In M.S. Patter v. State of NCT of Delhi, the Supreme Court (SC) held that state-run beggars’ homes are not merely penal institutions or charitable endeavors but are instead constitutional tr
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Public Distribution System (PDS)

India's Public Distribution System (PDS) has long been a cornerstone of food security, ensuring access to subsidised cereals for millions of people. However, a recent Crisil study using the &l
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Saudi-Pakistan Strategic Mutual Defense Agreement (SMDA)

The recent Saudi-Pakistan Strategic Mutual Defense Agreement (SMDA) represents a major shift in the geopolitical landscape of the Middle East and South Asia, with significant implications for Indi
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Wassenaar Arrangement

The Wassenaar Arrangement is facing significant challenges in adapting its controls to the rapid growth of cloud technology. This issue highlights the need to update its control lists and enforcem
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National Crime Records Bureau (NCRB)

The National Crime Records Bureau (NCRB) report for 2023 highlights a 9.2% increase in crimes against children in India, with 177,335 cases registered in total. This reflects a concerning rise in
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Doctrine of Contributory Negligence

The Andhra Pradesh High Court recently made an important ruling regarding the doctrine of contributory negligence in criminal law. The court clarified that contributory negligence does not apply t
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Perpetual Bonds

The Indian Renewable Energy Development Agency Ltd (IREDA) recently raised ₹453 crore at an interest rate of 7.70% per annum through its second issue of Perpetual Bonds. This move is part of the
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Fake News

The Standing Committee on Communications and Information Technology in India has recently proposed several measures aimed at tackling the pervasive issue of fake news and misinformation, acknowled
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ACQ IAS