Bulgaria became the 21st member of the Eurozone: Bulgaria became the 21st member of the Eurozone bringing it closer to full European integration.The eurozone, or officially the euro area, refers to the geographic and economic region comprising those members of the European Union that have fully adopted the euro as their official currency.Bulgaria is located […]
Category: International Relationship Current Affairs
Warren Buffett steps down as CEO of Berkshire Hathaway
Warren Buffett steps down as CEO of Berkshire Hathaway: Legendary investor Warren Buffett known worldwide as the Oracle of Omaha has stepped down as Chief Executive Officer of Berkshire Hathaway after nearly six decades. His exit as CEO marks the end of one of the longest and most influential leadership tenures in corporate history, reshaping […]
Justice Mission 2025
Justice Mission 2025: China conducted large-scale live-fire military drills named “Justice Mission 2025” around Taiwan, including missile launches, fighter jet sorties, and naval deployments.Justice Mission 2025 is a high-intensity, two-day PLA (People’s Liberation Army) military exercise involving live-fire missile launches, air and naval manoeuvres.It is designed to simulate blockade operations and precision strikes against Taiwan’s […]
Thailand and Cambodia Agree to Ceasefire Amid Border Clashes
Thailand and Cambodia Agree to Ceasefire Amid Border Clashes: Thailand and Cambodia have agreed to halt weeks of fierce border clashes marking a significant step towards de-escalation in one of the most serious confrontations between the two Southeast Asian neighbors in recent years. The truce comes after nearly three weeks of intense fighting involving artillery […]
India–Netherlands Joint Trade and Investment Committee (JTIC)
India–Netherlands Joint Trade and Investment Committee (JTIC): India and the Netherlands have established the India–Netherlands Joint Trade and Investment Committee (JTIC) to deepen bilateral trade, investment, and economic cooperation.It aims to identify and eliminate trade barriers while promoting two-way investments, particularly for MSMEs.It also seeks to enhance cooperation in key sectors, including the transfer of […]
India- Ethiopia Relations
India- Ethiopia Relations: Prime Minister Narendra Modi’s three-nation visit to Jordan, Ethiopia and Oman underscored India’s bid to consolidate its strategic footprint in the Middle East and Horn of Africa. During the Ethiopia leg of the tour, India–Ethiopia relations were elevated to a Strategic Partnership, representing a major upgrade in bilateral ties.The two sides signed […]
India–New Zealand Free Trade Agreement
India–New Zealand Free Trade Agreement: India and New Zealand have concluded negotiations on a comprehensive Free Trade Agreement (FTA) in just nine months, with formal signing expected in 2026.A Free Trade Agreement (FTA) is a bilateral pact where countries reduce or eliminate tariffs and non-tariff barriers on goods and services to boost trade, investment, and […]
Yellowstone National Park
Yellowstone National Park: The US Geological Survey (USGS) shared footage showing mud erupting from the Black Diamond Pool in Yellowstone National Park, highlighting renewed hydrothermal activity.Yellowstone National Park is the world’s first national park, globally renowned for its geothermal activity, volcanic landscape, wildlife, and intact ecosystems. It hosts about half of the world’s known hydrothermal […]
Rapid Financing Instrument
Rapid Financing Instrument: The International Monetary Fund has approved emergency funding of USD 206 million under its rapid finance instrument to help Sri Lanka address urgent needs arising from the catastrophic Cyclone Ditwah. It provides prompt financial assistance to any International Monetary Fund (IMF) member country facing an urgent balance of payments need. It is […]
Oman Launches First Polymer One-Rial Banknote
Oman Launches First Polymer One-Rial Banknote: Oman has launched its first polymer one rial banknote. Which is a marking a historic shift from traditional paper based currency. Issued by the Central Bank of Oman, the new note will officially enter circulation on January 11, 2026. The primary objectives behind introducing the polymer one rial note […]
