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May 16, 2016

[CA] Important Points @ Glance: Part 6

Important Points @ Glance: Part 6

1)     China has surpassed US as the biggest overseas investor. Chinese companies inked the highest number of overseas deals so far this year. The number of deals, mostly purchase of foreign companies, since January amounted to $110.8 billion.

2)     In a study, it has been revealed that the Bene Israel community in the western part of India carries genetic proof of the Jewish roots. The community too has identified itself as Jewish. Almost nothing is known about the Bene Israel community before the 18th century, when Cochin Jews and later Christian missionaries first came into contact with it. According to their oral history, the Bene Israel people descended from 14 Jewish survivors of a shipwreck on India’s Konkan shore. The exact timing of this event and the origin and identity of the Jewish visitors are unknown. Some date the event to around 2,000 years ago. Others estimate that it took place in 175 BCE. But others still believe their Jewish ancestors arrived as early as the 8th century BCE.





    No More 50’ campaign has been launched Maharashtra in order to press for stronger animal rights law so that the culprits do not get away by merely paying Rs 50 for their unlawful action under the prevailing Act. The campaign urges the Ministry of Environment to increase punishment for animal cruelty in the Prevention of Cruelty to Animals Act, 1960.

4)     Indian vessel MT Distya Ameya, which was detained by the United Nations for carrying disputed Libyan oil, has been freed after the U.N. lifted its sanctions on the vessel. This follows the intervention of the Indian government and the Directorate-General (DG) of Shipping. The tanker was blacklisted by the U.N. on April 26 when it sailed from the Al-Herega port in Libya after picking up over 6.5 lakh barrels of oil for Malta. It was charged that the vessel violated the sanctions of the U.N. as the interim Government of Libya is not recognised by the global body. Following the instructions of the DG Shipping, the vessel sailed back to Libya and discharged its entire oil cargo.





Important Points @ Glance: Part 2

Important Points @ Glance: Part 3

Important Points @ Glance: Part 4

Important Points @ Glance: Part 5

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