In News The Central Government reiterated support for the United Nations Convention on the Law of the Sea (UNCLOS). About India committed to safeguarding maritime interests and strengthening security in the Indian Ocean Region. India remained committed to promoting a free, open and rules-based order rooted in international law and undaunted by coercion. Government of […]
In News Recently, an initiative was announced by India and the United Kingdom to tap solar energy and have it travel seamlessly across borders. They call for ‘One Sun, One World, One Grid’ to improve the viability of solar power. About It was announced on the second day of the COP26. The focus is to […]
In News The Government of India has applied for loans from the Asian Development Bank (ADB) and the Asian Infrastructure Investment Bank (AIIB) to procure as many as 667 million doses of COVID-19 vaccines. Background The vaccines will be purchased by the Government of India through a competitive process and the ADB will be administering […]
In News Recently, the fourth general assembly of the International Solar Alliance (ISA) was held virtually. About This virtual meeting was presided by the Union Minister for Power, New and Renewable Energy (GoI) and the President of the ISA Assembly. Key Points Discussed India: Solar & renewable energy: It is time to get together to […]
In News Recently, experts have suggested the need to review the role of the IMF. The experts made suggestions to change the economic weights of emerging countries, stressing completing quota reforms and maintaining data integrity. About Former Deputy Governor of the Reserve Bank of India analysed the issue of IMF quota reforms in a research […]
In News Recently, an extraordinary meeting of G20 leaders on Afghanistan was held under Italy’s Presidency of the G20. About G20 held the first Afghan meeting after the Taliban takeover. The summit was convened by Italy and was chaired by Italian Prime Minister Mario Draghi. The US President, Indian Prime Minister and many European leaders […]
In News Recently, the International Energy Agency (IEA) has invited India to become its full-time member. About The proposal if accepted will require India to raise strategic oil reserves to 90 days requirement to which the government has immediate access (even if it does not own them directly) and could be used to address disruptions […]
In News : Recently, the Asian Development Bank (ADB) lowered its 2021 economic growth outlook for developing Asia, amid continuing concerns over the coronavirus disease (COVID-19) pandemic. Asian Development Outlook (ADO) It is a series of annual economic reports on the Developing Member Countries (DMCs) of the Asian Development Bank (ADB). It analyzes economic and […]
In News Recently, India’s Agriculture Minister addressed the G20 Agriculture meeting virtually. It is one of the ministerial meetings organised as part of the G20 Leaders Summit 2021 to be hosted by Italy in October 2021. Key Highlights of G20 Ministers for Agriculture Meeting Achieving Food Security: The Meeting ended with the approval of a […]
In News India along with other G4 countries is pushing towards expansion of the permanent Council of UNSC. About While the U.S. has in the past backed India’s bid for a permanent seat at the United Nations Security Council (UNSC), the Biden administration has continued to remain non-committal on the issue. India is currently (in […]
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