In News Recently, the Seattle City Council became the first U.S. city to ban caste-based discrimination. About: Seattle City Council issued an ordinance including caste as a class to be protected against discrimination along with race, gender, and religion. The legislation will recognise caste as a unique basis of discrimination, similar to race or gender. […]
In News Recently, Indian Navy’s Kilo class conventional submarine, INS Sindhukesari docked in Jakarta, Indonesia, for the first time. Evolution The main aim of India’s Look East Policy that was launched in 1992 was to reintegrate India economically and culturally with our civilisational neighbours of South East Asia Growing trade ties have resulted in expansion […]
In News Recently India’s Comptroller and Auditor General has been selected as External Auditor of the International Labour Organization(ILO) in Geneva for a four-year term from 2024 to 2027. About: CAG is an independent authority under the Constitution of India. Articles 148 – 151 of the Constitution of India deal with the institution of the […]
In News Indian and Chinese officials hold talks on border standoff in Beijing. About Indian and Chinese officials have recently held diplomatic talks in Beijing on the standoff along the Line of Actual Control (LAC). The Indian side at the Working Mechanism for Consultation and Coordination on India-China Border Affairs (WMCC) meeting was led by […]
In News India’s payment system Unified Payments Interface (UPI) and its equivalent network in Singapore called PayNow, were integrated to enable faster remittances between the two countries at a competitive rate. UPI and Paynow UPI is India’s mobile-based fast payment system, which facilitates customers to make round-the-clock payments instantly, using a Virtual Payment Address (VPA) […]
In news 20 Russian banks have opened Special Rupee Vostro Accounts (SRVA) with partner banks in India. SRVA Arrangement A Vostro account is an account that domestic banks hold for foreign banks in the former’s domestic currency, in this case, the rupee. For example, if CITI Bank, New York open an account in Rupees in […]
In News Recently, the third meeting of the Joint Working Group on Counter-Terrorism was held in New Delhi. Key Takeaways Both sides strongly condemned terrorism in all its forms and manifestations, including cross-border terrorism. The two sides reviewed threats posed by terrorist groups globally and in their respective countries and regions. Deliberations on steps needed […]
In News China has continued to assert claims to a wide swath of the South China Sea for a decade. Dispute of the South China Sea Location of South China Sea: It is bounded on the northeast by the Taiwan Strait (by which it is connected to the East China Sea), on the east by […]
In News Recently, India and UAE commemorated the one year of signing of the Comprehensive Economic Partnership Agreement for boosting bilateral trade. About India and UAE signed the landmark Comprehensive Economic Partnership Agreement (CEPA) on February 18, 2022. Recently, a special business event was organized by the Federation of Indian Chambers of Commerce & Industry […]
In News Recently, the Minister for Tourism, Culture and Development of North Eastern Region, held a virtual meeting with the Minister for Border Affairs of Myanmar. More about the news Internal developments of Myanmar: In the context of recent developments inside Myanmar and their repercussions along India-Myanmar border region, the two sides discussed the need […]