World Governance Indicators (WGI) : World Bank According to a presentation prepared in 2020, by the then Principal Economic Advisor in the Ministry of Finance, Sanjeev Sanyal, inputs that go into the making of the World Bank’s World Governance Indicators (WGI) are arbitrary. A presentation titled— “Subjective Factors that impact India’s Sovereign Ratings: What can […]
Category: International News
India’s Bid For Permanent Membership In Reformed UNSC, NSG
India’s Bid For Permanent Membership In Reformed UNSC, NSG: France has reiterated its commitment to support India’s bid for permanent membership in a reformed UN Security Council and New Delhi’s entry into the Nuclear Suppliers’ Group. The demand has been supported by: Four out of the five permanent members of the UN Security Council have […]
What Is West Bank?
What Is West Bank? The Israel’s Supreme Court has rejected a petition against the eviction of more than 1,000 Palestinian inhabitants of a rural part of the occupied West Bank in an area which Israel has designated for military exercises. Recently, tensions flared up again at Jerusalem’s al-Aqsa Mosque between the Palestinians and Israeli police. […]
Prime Minister’s Visit To Denmark
Prime Minister’s Visit To Denmark: During the Indian Prime Minister’s Visit to Denmark, India and Denmark agreed to further strengthen the Green Strategic Partnership with a focus on green hydrogen, renewable energy and wastewater management. Further, India conveyed its acceptance of the Danish invitation to join the International Center for Antimicrobial Resistance Solutions (ICARS) as […]
2nd India-Nordic Summit
2nd India-Nordic Summit: Prime Minister Narendra Modi participated in the 2nd India-Nordic Summit along with Prime Ministers of Denmark, Iceland, Norway, Sweden and Finland. The Summit provided an opportunity to review the progress of the India-Nordic relations since the 1st India-Nordic Summit, which was held in 2018 in Stockholm. Prime Minister Modi invited Nordic companies […]
Transnistria : Russia-Ukraine War
Transnistria: Transnistria, the tiny breakaway region of Moldova, risks being dragged into the Russia-Ukraine war because of reports of a series of explosions in its territory. The de facto state lies between Moldova to its west and Ukraine towards its east. Often described as a “remnant of the Soviet Union”, Transnistria declared independence like Moldova […]
Koilastila Gas Field : Bangladesh
Koilastila Gas Field : Bangladesh Bangladesh has discovered a new gas field with the capacity to produce 20 million cubic feet of gas per day (MMCFD) at the Koilastila Gas field. Koilastila Gas Field is one of the five gas fields purchased from the Shell Oil company by Bangabandhu Sheikh Mujibur Rahman in 1975 So […]
Global Security Initiative : China
Global Security Initiative : China A new Global Security Initiative put forward by Chinese President Xi Jinping will look to counter the U.S. Indo-Pacific strategy and the Quad — the India, U.S., Australia, Japan grouping — according to Chinese officials. Xi last week first proposed what he called a Global Security Initiative, speaking at the […]
Russia’s Withdrawal From UNWTO
Russia’s Withdrawal From UNWTO: The UN World Tourism Organization (UNWTO) has announced that Russia has decided to withdraw from the UNWTO. The announcement was made by UN World Tourism Organization Secretary-General Zurab Pololikashvili. According to the UNWTO, Russia decided to withdraw from this organization ahead of a vote by the body to suspend Russia for […]
China-Pakistan Economic Corridor (CPEC)
China-Pakistan Economic Corridor (CPEC): Pakistan’s new government has initiated a process to abolish the China-Pakistan Economic Corridor Authority, with the planning minister saying it was a “redundant organisation” that wasted resources and thwarted speedy implementation of the ambitious regional connectivity programme. CPEC Authority established through an ordinance in 2019 was aimed at accelerating the pace […]