Black Sea Grain Initiative: A top United Nations trade official will travel to Russia for the diplomatic push to ensure the revival of the Black Sea grain initiative. Black Sea Grain Initiative was set up to resume vital food and fertilizer exports from Ukraine to the rest of the world. It was brokered between Russia […]
Category: International Relationship Current Affairs
France’s Bastille Day Celebrations
France’s Bastille Day Celebrations: PM Modi thanked the French President for the invitation as Guest of Honour at France’s Bastille Day celebrations The National Day of France, also known as Bastille Day, is celebrated on July 14 every year The Bastille was a fortress prison located in the heart of Paris, which had become a […]
Supreme Audit Institutions (SAls) Of G20 Countries
Supreme Audit Institutions (SAls) Of G20 countries: The Comptroller & Auditor General of India (CAG) will chair SAI20 – the Engagement Group for Supreme Audit Institutions (SAls) of G20 countries in Goa. The SAI20 Engagement Group of G20 was established in 2022 during Indonesia’s Presidency of the G20. The constitution of SAI20 stems from a […]
Innovative Finance Facility For Climate In Asia And The Pacific (IF-CAP) Program
Innovative Finance Facility For Climate In Asia And The Pacific (IF-CAP) Program: The Asian Development Bank (ADB) has announced the Innovative Finance Facility for Climate in Asia and the Pacific (IF-CAP) program to accelerate climate change financing in the region. IF-CAP is the first-of-its-kind multi-donor financing partnership facility with the goal of scaling-up finance for […]
Delegates Of G20 Visited The Hemis Monastery
Delegates Of G20 Visited The Hemis Monastery: Delegates of G20 visited the Hemis Monastery in Leh and also witnessed the famous Cham dance. Hemis Monastery is a Buddhist monastery located in Leh City. It belongs to the Drukpa lineage of Buddhism. The monastery was first established in the 11th century and later re-established in the […]
Meeting Of The Shanghai Cooperation Organisation Interbank Consortium (SCO IBC)
Meeting Of The Shanghai Cooperation Organisation Interbank Consortium (SCO IBC): Under the chairmanship of India, the XIX Council Meeting of the Shanghai Cooperation Organisation Interbank Consortium (SCO IBC) was held in Goa. SCO Interbank Consortium was established by the member countries of the Shanghai Cooperation Organisation on 26 October 2005. It provides funding and […]
European Free Trade Association
European Free Trade Association: India and the four-nation bloc EFTA recently discussed ways to resume negotiations for a free trade agreement with a view to strengthening economic ties between the two regions. European Free Trade Association (EFTA) is an intergovernmental organization established in 1960 by the Stockholm Convention. Objective is to promotes free trade and […]
8th India-Thailand Defence Dialogue
8th India-Thailand Defence Dialogue: The 8th India-Thailand Defence Dialogue was held in Bangkok, Thailand, during which both sides expressed satisfaction at the ongoing bilateral defense cooperation. Highlights of the Dialogue: The progress on various bilateral defence cooperation initiatives was reviewed. The co-chairs identified means to enhance existing areas of collaboration, especially in the field of […]
24th Russia-India Inter-Governmental Commission (IGC) Meeting In India
24th Russia-India Inter-Governmental Commission (IGC) Meeting In India: Russia’s Deputy Prime Minister has attended the 24th Russia-India Inter-Governmental Commission (IGC) meeting in India. Russia has expressed its interest in importing manufacturing equipment, including machinery, from India to replace those of Western origin. Highlights of the Meeting: Both countries reviewed the defense cooperation between India and […]
WTO Panel Rules Against India
WTO Panel Rules Against India: World Trade Organization (WTO) panel has ruled that India has violated global trading rules by imposing import duties on IT products, such as mobile phones and components, and integrated circuits. India had introduced import duties of between 7.5% and 20% for IT products- mobile, components, and ICs. In 2019, the […]
