World News -Foreign Diplomacy-TechNews-Artificial_Intelligence-BurningIssues

1. India presses for automatic exchange of tax information at G20 meet  i. India has called for expeditious implementation of the automatic exchange of tax information saying it would help in tracking illegal money stashed in foreign banks.  ii. Minister of State for Finance Jayant Sinha advocated "full and fast implementation" of Automatic Exchange of Information within the agreed time-frame.  iii. India called for strengthening the IMF through implementing the 2010 quota and governance reforms and creating an environment for multilateral swaps to overcome such negative impact. iv. The quota reform, if implemented, will increase India's voting share in IMF from the current 2.44 per cent to 2.75 per cent, following which the country will become the eighth largest quota holder at the IMF, up from the 11th position.   2. National Games mascot in Limca Book of Records i. National Games mascot Ammu, the Great Hornbill, has immortalised itself by finding a...

1. Swiss leaks: India ranks 16th on leaked HSBC list i. It is called Swiss Leaks — a trove of secret documents from HSBC’s Swiss private banking arm that reveals names of account holders and their balances for the year 2006-07. ii. The investigation revealed 1,195 Indian HSBC clients, roughly double the 628 names that French authorities gave to the Government in 2011. iii. The new revelation— published today as part of a global agreement — is expected to significantly widen the scale and scope of the ongoing probe by the Special Investigation Team (SIT) appointed by the Supreme Court.   2. CarDekho.com gets Ratan Tata fund i. In a first-of-its kind partnership in the Indian auto space, CarDekho.com announced an investment in the company by Ratan Tata. ii. Tata has for the first time ever joined hands with an auto portal by investing in his personal capacity. iii. GirnarSoft, the parent company of CarDekho.com, now valued at USD 300 million, recently concluded its ...

1. AAP deflates BJP i. The AAP stunned everyone on Tuesday with an overwhelming victory in the Delhi assembly polls, setting up a second stint for Arvind Kejriwal as chief minister. ii. The AAP bagged as many as 67 seats of the 70-member House, going far beyond the most optimistic exit polls. iii. The BJP was left bruised in a distant second place with wins projected for it in just three seats. The Congress drew a blank. BJP's CM candidate, Kiran Bedi, lost the elections. iv. Kiran Bedi lost Krishna Nagar seat which was considered as BJP's pet by a narrow margin, While Arvind Kejriwal won New Delhi seat comfortably. v. AAP got 54.3% of the total polled votes, while BJP came a distant second with 32.2% of the votes polled. vi. Arvind Kejriwal will sworn as the Chief Minister of Delhi for second successive term on 14th February.   2. PNB raises Rs. 1,000 crore via private placement i. State-owned Punjab National Bank has raised Rs. 1,000 crore through bonds to...