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BRICS Foreign ministers to attend COVID-19 meeting
The foreign ministers of the BRICS grouping are to discuss on measures to combat COVID-19. External Affairs Minister Shri S Jaishankar is to represent India at the meet. Highlights The video conference is to be hosted by Russia as it ..
Month: Current Affairs - April, 2020
UNCTAD cancels 1 trillion USD debts owed by developing countries
The United Nations Conference on Trade and Development (UNCTAD) has announced that it is to cancel over 1 trillion USD of debt owed by developing countries. Highlights According to the UNCTAD, over 64 low-income countries spend more on debts than ..
Month: Current Affairs - April, 2020
India attends G20 Agricultural Ministers Meet
On April 21, 2020, the Agriculture Minister Narendra Singh Tomar attended the G20 Agriculture Ministers Meet through video conferencing. The meet was chaired by Saudi Arabia. Highlights The nations resolved to work together on nutrition and food security. It also ..
Month: Current Affairs - April, 2020
AIIB to finance 500 million USD projects to strengthen National Health Care Systems
The Asian Infrastructure Investment Bank is to finance 500 million USD projects in India to help the country improve its health care systems. AIIB is currently doubling its funds under COVID-19 Crisis Recovery Facility. Highlights The funding is to be ..
Month: Current Affairs - April, 2020
India to attend BRICS meeting on COVID-19
India is to attend BRICS foreign ministers meet by the end of April 2020. The members will discuss economic fallout due to the spread of COVID-19. Highlights The foreign ministers meet of the BRICS grouping is to be conducted through ..
Month: Current Affairs - April, 2020
India attends G20 Finance Ministerial Meeting
On April 15, 2020, Finance Minister Nirmala Sitaraman attended G20 Finance Minister meet. The Minister shared the policy measures being implemented by the Government of India and RBI. Action Plan The outcome of the virtual financial ministerial meet is as ..
Month: Current Affairs - April, 2020
OPEC and Russia approve biggest Oil Cuts
The Organization of Petroleum Exporting Countries (OPEC) and Russia have come together to cut oil output by 10%. This is being done to control the falling oil prices amidst lock down all over the world due to COVID-19. Background The ..
Month: Current Affairs - April, 2020
G20: Video Conference of Energy Ministers
On April 10, 2020, the G20 Energy ministers held virtual meeting on ways to ensure stable energy markets. The energy markets are greatly affected by demand reduction due to the ongoing COVID-19 crisis. Highlights India’s Energy Minister Shri Dharmendra Pradhan ..