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News Highlights provides you with the best compilation of the Daily News Highlights taking place across the globe: National, International, Sports, Science and Technology, Banking, Economy, Agreement, Appointments, Ranks, and Report and General Studies
1.
Union Minister for Department of Personnel and Training (DoPT) Jitendra Singh asked UPSC Chairperson Preeti Sudan to withdraw the advertisement for "lateral entry" to 45 posts, citing "the constitutional mandate towards social justice" for "rightful representation" of marginalised communities in the government services. This came after objections were raised by the Opposition and key NDA al- lies JD(U) and LJP (Ram Vilas)
2.
Malaysia's Plantation and Commodities Minister Johari Ghani on August 18 tweaked his earlier proposal of sending critically endangered orangutans as gifts to palm oil-purchasing countries. The new proposal will see importers of Malaysian palm oil being offered to "sponsor" one or more orangutans, the funds from which will be used for the apes' con- servation within Malaysia. Ghani revised the policy after facing widespread criticism from wildlife conservationists, who called it "obscene" and "repugnant" Ghani first announced his plans to gift orangutans to palm oil-buying countries in May this year, saying the policy was in- spired by China's "panda diplomacy" the practice of sending pandas from China to other countries as a diplomatic tool. Malaysia, the world's second-largest palm oil producer, has been under im-mense pressure to make its palm oil industry more sustainable. The industry has been linked to deforestation, which is behind the loss of habitat for orangutans, and the primary reason they are at risk today. These apes, whose population currently stands at 1.2 lakh, are found in the rainforests of the islands of Borneo and Sumatra shared by Malaysia, Indonesia, and Brunei.
3.
Karnataka Governor Thawarchand Gehlot has allowed three private individuals to seek investigations against Chief Minister Siddaramaiah on complaints of corruption in the allotment of 14 housing sites in Mysuru to the wife of the CM - in exchange for 3.16 acres of land allegedly acquired ille- gally by a local authority in the city. The Governor's order was dated August 16, and was communicated the following day. On August 19, hearing a challenge to the order by the chief minister, the Karnataka High Court paused "precipitative action" based on the Governor's sanction until August 29, the next date of hearing. In separate complaints, anti-corruption activists TJ Abraham, Snehamayi Krishna, and Pradeep Kumar have alleged that the CM's wife was an illegal beneficiary of a controversial land exchange scheme that was devised by the Mysore Urban Development Authority (MUDA) in 2020 to resolve cases in which the authority had il- legally acquired land without informing owners about the acquisition.
4.
Custom has it that India is an extremely price-sensitive market. This is not surprising given that about 800 million people receive some kind of government support for sustenance. At least half of the other 600 million are labelled as India's burgeoning middle class, willing to consume and spend on televisions, two-wheelers, washing machines and of course, mobile phones. In aggregate terms, India's middle class outnumbers the population of Western Europe and is as much as, if not more than the US population. By any standards, India's middle class is large and there- fore the target of multinational corporations of the West and increasingly the East, on the lookout for new markets necessitated by ageing populations of their own. India's low per capita consumption of automobiles, steel, alu-minium, and televisions provides credibility to these claims. The middle class has also been the target of conglomerates in the country that sell soap, detergents, services and, of course, the ubiquitous mobile handset.
5.
Finance Minister Nirmala Sitharaman told income tax officials that enforcement measures should be "a last resort" and there should not be any action against taxpayers that is "disproportionate" to the issue concerned. Speaking at an event to mark the 165th Income Tax Day, she said harassment of tax- payers should be avoided. Sitharaman also asked I-T officials to keep the language of I-T notices "simple and easy to under- stand" so that taxpayers shave have clarity on the matters raised. "The language used in our tax notices... That's the reason why there are many questions... Can we explore issuing simple and easy-to-understand notices so that our communication is accessilble," she said. Income tax notices should not trigger a "sense of fear", she added. On the comprehensive review of the Income Tax Act of 1961, the minister said that a newly formed committee in the Central Board of Direct Taxes (CBDT) is working on it. The aim is to make the tax code more concise, lucid, and easy to understand, she said. On the two-pillar tax package, Sitharaman said the I-T department will have "a lot to contribute" in terms of negotiations, which are currently underway with other countries, and be ready for the execution of the same, once the negotiations are concluded. Pillar 1 and Pillar 2 tax packages are part of the Organisation for Economic Co-operation and Development (OECD) GLOBE rules
6.
In essence, the core argument of telecom companies is this: they spend big money on purchasing spectrum, setting up the physical infrastructure for offering services and need to acquire a licence from the government. OTTS like WhatsApp also offer calling and messaging functions, but they don't have to purchase spectrum or set up physical infrastructure like telcos have to. This, they claim, disadvantages them, especially when most communication has moved online. In its submission to the TRAI'S consultation paper on service authorisations, the Cellular Operators Association of India (COAI), which represents the three telecom companies Jio, Airtel and Vi, said: "As per our understanding, OTT Communication services are covered under the new Telecom Act as an access service.
7.
The partnership between India and Africa could serve as a catalyst for accelerated global rebalancing and the strengthening of the Global South, which augurs well for global peace and harmony, Vice President Jagdeep Dhankhar said, stressing that India has historically never believed in expansion. "India's participation, India's footprint is antithetical to expansion. Historically, this nation has never believed in expansion, and therefore, this partnership, which is deeply rooted in history, has the potential to contribute to significant global change for the betterment of humanity," Dhankhar said at the 19th CII India Africa Business Conclave. The International Monetary Fund (IMF) last year highlighted that rising average debt ratios in sub-Saharan Africa had sparked concerns of a looming debt crisis in the region, noting that while China is a major credit provider to sub-Saharan Africa, it imposes harsh terms on debtors. The Vice President said that a resurgent Africa and a rising India can pro- vide great impetus to South-South cooperation, particularly in areas such as clean technology, climate- resilient agriculture, maritime security, connectivity, and the green economy. He noted that India's diplomatic footprint in Africa is rising, with the opening of 16 new diplomatic missions, bringing the total number of Indian missions on the continent to 46.
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