CONTEXT: Wholesale price-based inflation slippedto 2.45% in May helped by falling prices of food articles, fuel, and power items. The Wholesale Price Index (WPI)-based inflation was at 3.07% in April.…
CONTEXT: India turned out to be the sub region’s largest recipient receiving foreign direct investments worth $42 billion in 2018. The investment in India billion with strong inflows in manufacturing,…
CONTEXT: Iceland topped the Global Peace Index 2019 rankings which was released by Institute for Economics & Peace. Since 2008, Iceland holds the most peaceful country in the world. India…
CONTEXT: A group of 160 defence officers and their families reached Colombo on 15 June 2019. The same number of Sri Lankan officers and their families are on their way…
CONTEXT: External Affairs Minister, Dr S. Jaishankar, attended the 2-day 5th Conference on Interaction and Confidence Building Measures in Asia, CICA, Summit in Dushanbe, Tajikistan. The summit began from 14…
CONTEXT: Agriculture and Farmers Welfare Minister Narendra Singh Tomar chaired a meeting with Agriculture Ministers of all States and Union Territories via video conference on 13 June 2019. The implementation…
CONTEXT: Japan has decided to invest about Rs 13,000 crore in several ongoing as well as new projects in different states of the north-eastern region. New areas of collaboration will…
CONTEXT: The Union Cabinet approved a Bill, namely, the Special Economic Zones (Amendment) Bill, 2019 that is the Bill to replace the Special Economic Zones (Amendment) Ordinance, 2019 (12 of…
CONTEXT: The RBI has constituted a 6-member committeeto review the entire gamut of ATM charges and fees. Chief Executive of Indian Banks’ Association VGKannan will chair the committee. The committee…
CONTEXT: The GST Council has decided to introduce a new GST return system to facilitate taxpayers. A plan has been worked out to ease the transition to the new return…
CONTEXT: Yes Bank's independent director Mukesh Sabharwal has stepped down from the lender's board of directors to devote his time to academic pursuits. Sabharwal has worked with the private lender…
CONTEXT: China will enter into a trade deal with the United States, as told by US President Donald Trump. Increased tariffs on Chinese products is having an impact on its…
CONTEXT: Ministry of Statistics and Programme Implementation (MoSPI) has proposed to set up a National Data Warehouse with an aim to leveraging big data analytical tools. This move is to…
CONTEXT Chinese President Xi Jinping will attend the Shanghai Cooperation Organisation (SCO) summit at Bishkek. He would also meet PM Narendra Modi there. This would be the first meeting between…
CONTEXT Confederation of Indian Industry (CII) has launched a Fiscal Performance Index (FPI) to assess state and central budgets. The Index incorporates qualitative assessments of revenue expenditure, capital expenditure, revenues,…
CONTEXT India and China held the sixth round of dialogue on disarmament and non-proliferation in New Delhi on 3 June 2019. The dialogue was held within the framework of regular…
CONTEXT The Centre reconstituted eight Cabinet Committees including the Appointment Committee of the Cabinet, among others and Union Home Minister Amit Shah is part of all these committees. The eight…
Context: RBI has removed charges for payments via NEFT and RTGS.This means that payments via NEFT and RTGS would become either free or charges would be low. RBI levies minimum…
Context: Rajnath Singh's name in only two Cabinet committees - economic affairs and security. The government effected a change,bringing him in four more panels;those on political affairs,parliamentary affairs,Investment and growth,empowerment…
CONTEXT: India, US, Japan, and Australia came together to support ASEAN-led architecture mechanism for a rule-based order to promote the free, open, prosperous and inclusive indo-pacific region in a meeting…
CONTEXT: To create a new chapter in India-China cooperation in the new era of digital transition, 2019 Sino-India IT and DT Industry Cooperation Forum was held on 27th May in…
CONTEXT: India maintains ample reserves according to the IMF metrics for reserve adequacy, the US treasury department said in a report. India for the first time was placed by the…
CONTEXT: PM Modi will host Chinese President Xi Jinping this year for an informal summit, a foreign ministry spokesman said after meeting several times over the past year to try…
The Reserve Bank of Indiahas announced that it is to allow large modern currency chests to increase the service charges on cash deposited by non-chest bank branches from the existing…
CONTEXT: Former PepsiCo Chairman and CEO Indra Nooyi was presented with the Honorary Doctorate of Humane Letters by Yale University. She was presented the doctorate for her achievements in business.…
CONTEXT: China has delivered the first overhauled multi-role JF-17 fighter jet to Islamabad. This is a part of a project undertaken by the two countries over a decade ago for…
CONTEXT: Mt Everest witnessed a traffic-jam like situation as over 200 mountaineers attempted to reach the summit point. Climbers from many countries reached above the Camp IV early morning and…
CONTEXT : A 28-year-old Indian climber has scaled two mountains above 8,000 metres, including the Mt. Everest, in just six days. Keval Hiren Kakka touched the peak of Mount Lhotse,…
CONTEXT: The U.S. State Department has cleared $314 million in possible sales of air defense missiles to South Korea. South Korea, a key Asian ally of the United States, asked…
CONTEXT : The government plans to introduce artificial intelligence system in the MCA 21 portal. This would make the compliance process easier as well as ensure routine enforcement activities are…
CONTEXT : The Indian Navy conducted significant missile tests boosting its anti-air warfare capabilities. The first cooperative engagement firing of the Medium Range Surface to Air Missile (MRSAM) or Barak-8…
According to a report by the UN, Royal Bengal Tiger, which dominates the marshy areas of the Sundarban forest reserves, may be pushed into extinction due to rise in sea…
The Indian Army is commemorating 2019 as the ‘Year of Next of Kin’. It plans to reach out to the next of kin of battle casualties, ex-servicemen and serving soldiers…
A previously extinct species of bird returned from the dead, reclaiming the island it previously lived on and re-evolving itself back into existence. The white-throated rail colonized the Aldabra Atoll…
London emerged as the top choice for Indian investors ahead of other cities such as Dubai and Singapore. BACKGROUND: The investments by Indian companies in the British capital reached an…
Startup won gold prize at the Hack Osaka event, Japan, imprinting India’s technology at the global level. The startup is developing an AI-based solution for early detection of breast cancer.…
Table Tennis Federation of India (TTFI) has decided to bid for the 2024 edition of the biennial World Team Championships. The last time India hosted a World Championships was way…
India has raised its import duty on wheat to 40% from 30% to support local farmers. India is the world’s No. 2 producer of the grain. Local wheat prices have…
(GRSE) has been awarded a ₹6,311 crore contract to build 8 anti-submarine warfare shallow watercraft for the Indian Navy. These crafts are designed for a deep displacement of 750 tons,…
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