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Strategic Petroleum Reserves (SPR) Programme

Strategic Petroleum Reserves (SPR) Programme: Under the Strategic Petroleum Reserves (SPR) programme, the government has given approval for establishing two additional facilities. In 2020, India filled its strategic petroleum reserves in view of the slump in crude prices. The new facilities will be commercial-cum-strategic facilities with a total storage capacity of 6.5 MMT (Million Metric […]

India’s Foreign Exchange Reserves : July 2021

India’s Foreign Exchange Reserves: India’s foreign exchange reserves rose by $835 million to touch a record high of $612.73 billion in the week ended July 16, 2021, the Reserve Bank of India (RBI) data showed. According to weekly data from the RBI, forex reserves rose to a record $612.73 billion in the reporting week, helped […]

Kandla SEZ (KASEZ) : First Green SEZ In The Country

KANDLA SEZ (KASEZ): First Green SEZ In The Country.: Kandla becomes first Green SEZ in the country. Kandla Special Economic Zone (KASEZ), the oldest export zone in the country, has become the “first green industrial city” in India to receive a platinum rating under IGBC Green Cities Rating for existing cities in the industrial cities […]

Immigration Bill 2021 : Important Points

Immigration Bill 2021: The Ministry of External Affairs (MEA) invited public inputs to the Immigration Bill 2021. The Bill presents a long overdue opportunity to reform the recruitment process for nationals seeking employment abroad. Key Features of the Bill: The Bill intends to replace the Emigration Act of 1983. The Bill envisages comprehensive emigration management, […]

Cutlass Express 2021 Exercise

Exercise Cutlass Express 2021: Indian Naval Ship Talwar participated in a multinational training exercise Cutlass Express 2021, being conducted along the East Coast of Africa. The exercise is an annual maritime exercise conducted to promote national and regional maritime security in East Africa and the Western Indian Ocean. The 2021 edition of the exercise involves […]