Ban of Wheat Exports

On 14th May 2022, India banned wheat exports with some exceptions. This announcement came days after the central government had announced that this year record shipments of wheat are being targeted. this year. Why was this decision taken? This decision ..

Month: Current Affairs - May, 2022

Category: Economy & Banking Current Affairs

New Indian Mission in Lithuania

On 27th April 2022, the Union Cabinet gave its approval to a proposal for opening a new Indian embassy in Lithuania. This will be the first full-fledged embassy of India in the Baltic region. Overview: Lithuania is at the center ..

Month: Current Affairs - April, 2022

Category: India Nation & States Current Affairs

ACI Worldwide Report on Real-time Transactions

As per the ACI Worldwide Report on Real-time transactions, in the year 2021, India’s real-time transactions increased to 48.6 billion. This is almost threefold of China which is the closest challenger having 18 billion transactions. Overview: India’s transaction volume is ..

Month: Current Affairs - April, 2022

Category: Reports & Indexes Current Affairs

SIPRI Report on World Military Expenditure

A report by the Stockholm International Peace Research Institute (SIPRI) on World Military Expenditure stated that India was the world’s third-highest military spender behind the US and China. The global defence expenditure in 2021 reached an all-time high and stood ..

Month: Current Affairs - April, 2022

Category: Defence Current Affairs • Economy & Banking Current Affairs

Trilateral Development Corporation (TDC) Fund

India and the United Kingdom have launched their Global Innovation Partnership (GIP) as both countries look to bolster their innovation ecosystem to benefit the start-ups. GIP is expected to provide a model for utilizing the Trilateral Development Corporation (TDC) Fund ..

Month: Current Affairs - April, 2022

Category: Economy & Banking Current Affairs • India Nation & States Current Affairs

China-Solomon Islands Security Agreement

A security pact has been signed between China and the Solomon Islands. This agreement has been signed to enhance the existing cooperation arrangements with the Solomon Islands. Overview: The pact was announced a day after the U.S. made plans to ..

Month: Current Affairs - April, 2022

Category: International / World Current Affairs

China’s Zero-COVID Policy

While other countries across the planet are gradually relaxing their COVID related restrictions and urging their respective citizens that they will have to adjust to the COVID-19 virus, China is following a strict Zero-Covid policy. Overview: The Zero-Covid policy of ..

Month: Current Affairs - April, 2022

Category: International / World Current Affairs

‘Gaofen-3 03’: China’s Earth Observation Satellite

China has launched a new Earth observation satellite on 7th April 2022. This satellite will become a part of the country’s land-sea radar satellite constellation. It will capture images to help China safeguard its maritime interests. Overview: The satellite has ..

Month: Current Affairs - April, 2022

Category: International / World Current Affairs