Indian Grandmaster D Gukesh Wins Title At World Chess Armageddon Asia And Oceania Event
Indian Grandmaster D Gukesh
Wins Title At World Chess Armageddon Asia And Oceania Event
Why In News
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In
the World Chess Armageddon Asia & Oceania event, Indian Grandmaster D Gukesh,
who is a teenager, pulled off a major upset by defeating former world rapid
champion Nodirbek Abdusattorov of Uzbekista
Key Points
·
In
the World Chess Armageddon Asia & Oceania event, Indian Grandmaster D
Gukesh, who is a teenager, pulled off a major upset by defeating former world
rapid champion Nodirbek Abdusattorov of Uzbekistan in the final.
·
Gukesh
emerged as the winner in a thrilling summit clash that was full of ups and
downs. The first game of the match ended in a draw after Gukesh employed a
perpetual check strategy. However, he managed to win the following game,
securing the championship.
·
Both
Gukesh and Abdusattorov have qualified for Armageddon’s Grand Finale in
September.
·
The
16-year-old Indian won in a field that included former world classical champion
Vladimir Kramnik, Daniil Dubov, Yangyi Yu (China), Vidit Gujrathi and
Karthikeyan Murali (both India) and Param Maghsoodloo (Iran), apart from
Abdusattorov.
·
An
Armageddon game is a variant of blitz chess to determine a winner after a
series of a drawn games. A drawn game in Armageddon is counted as a win for
Black.
Mauritius down; Norway, Singapore gain as FPI destinations in FY23: Report
Mauritius down; Norway,
Singapore gain as FPI destinations in FY23: Report
Why In News
·
In
the fiscal year 2022-23, overseas capital flows into Indian capital markets
originating from Mauritius experienced the sharpest decline, while Norway and
Singapore gained popularity.
Key Points
·
Data
provided by the National Securities Depository indicates that in the fiscal
year 2022-23, overseas capital flows into Indian capital markets originating
from Mauritius experienced the sharpest decline, while Norway and
Singapore gained popularity.
Assets under custody (AUC): Recent Situation:
·
The
assets under custody (AUC) from Mauritius decreased by almost 42% to Rs 6.66
trillion by the end of March 2023, down from Rs 10.88 trillion the previous
year.
·
Experts
suggest that the renegotiation of the India-Mauritius tax treaty and increased
scrutiny of capital flows have reduced the island nation’s appeal as a
preferred destination for foreign investment into India.
·
Meanwhile,
Norway and Singapore experienced a 13% and 5% increase in AUC, respectively.
India and Foreign Portfolio Investor:
·
Singapore
is now the second largest jurisdiction for foreign portfolio investor flows
after the US, while Mauritius has dropped to fourth place. Some observers note
that Mauritius faces tough competition from Gift City, where investment rules
are being relaxed, but the country is making efforts to strengthen its variable
capital company regime and improve anti-money laundering standards to remain
attractive to investors.
Current Scenario of Foreign Portfolio Investor (FPI):
·
In
fiscal year 2022-23, Foreign Portfolio Investor (FPI) assets under custody
(AUC) declined by 4.44% due to asset price depreciation and capital outflows
amounting to over Rs 35,000 crore. This decline was seen across the board and
not limited to any particular jurisdiction.
India releases first edition of Dogri version of Indian Constitution
India releases first edition
of Dogri version of Indian Constitution
Why In News
·
Union
Minister of Law, Justice and Parliamentary Affairs, Kiren Rijiju released the
first edition of the Dogri version of the Constitution of India at University
of Jammu.
Key Points
·
On
April 10, 2023, India released the first edition of the Dogri version of the
Indian Constitution. The release of this version is a significant step towards
promoting linguistic diversity and preserving the cultural heritage of the
country.
About Dogri Language:
·
Dogri
is a language spoken in the northern Indian state of Jammu and Kashmir and is
one of the 22 official languages recognized by the Indian Constitution.
·
Dogri
is one of the official languages of the Indian union territory of Jammu and
Kashmir. On 22 December 2003, in a major milestone for the official status of
the language, Dogri was recognized as a national language of India in the
Indian constitution.
·
The
earliest written reference to Dogri (using the paleonym Duggar) is found in the
Nuh sipihr (“The Nine Heavens”), written by the poet Amir Khosrow in 1317 CE.
·
Dogri
is descended from Sanskrit, the language of the Vedas (1500–1200 BCE).
More About The Dogri version of Indian Constitution :
·
Union
Minister of Law, Justice and Parliamentary Affairs, Kiren Rijiju released the
first edition of the Dogri version of the Constitution of India at University
of Jammu.
·
The
translation of the Constitution into different languages is not a new concept.
The Constitution was originally written in English and Hindi and has since been
translated into several other languages.
·
The
translation of the Constitution into Dogri was a long-standing demand of the
people of Jammu and Kashmir, and its release has been welcomed by the people of
the state.
Significance of the Dogri version of the Constitution:
·
The
Dogri version of the Constitution will help people who speak this language
understand the fundamental rights and duties of citizens, the functioning of
the government, and the role of various institutions in the country.
·
It
will also promote awareness and understanding of the Constitution among the
people of Jammu and Kashmir and other parts of the country where Dogri is
spoken.
·
The
release of the Dogri version of the Constitution is a step towards fulfilling
the constitutional mandate of promoting linguistic diversity in India.
·
The
Indian Constitution recognizes the importance of preserving the cultural
heritage of the country and provides for the development and promotion of
various languages. The release of the Dogri version of the Constitution is a
testament to this commitment.