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RBI to extend $400 million Currency Swap Facility to Sri Lanka
The Reserve Bank of India has signed all the necessary documents for extending a $400 million currency swap facility to Sri Lanka to boost the island nation’s draining foreign exchange reserves on account of the coronavirus pandemic around the world. ..
Month: Current Affairs - July, 2020
May 21: National Anti-Terrorism Day
Every year on May 21, India observes National Anti-Terrorism Day. The day is observed to mark the death anniversary of the former prime minister Rajiv Gandhi. Highlights Rajiv Gandhi was the sixth prime minister of India. He served as the ..
Month: Current Affairs - May, 2020
April 9: CRPF Valour Day
Every year, April 9 is being marked as CRPF Valour Day all over India. The day is also called “CRPF Shaurya Diwas”. Why Valour Day? A small contingent of the CRPF on April 9, 1965 fought against Pakistan in Rann ..
Month: Current Affairs - April, 2020
HAL to set up logistics bases in Vietnam, Malaysia, Indonesia and Sri Lanka
The Hindustan Aeronautics Limited (HAL) is to set up logistics bases in Vietnam, Malaysia, Indonesia and Sri Lanka. This is to entice them towards buying India’s military helicopters and Light Combat Aircraft Tejas. Highlights The HAL is working towards increasing ..
Month: Current Affairs - March, 2020
Foundation Stone for Lighthouse at Dhanushkodi laid
On February 18, 2020, foundation stone for a 50-metre high foundation stone laid at Dhanushkodi in Rameswaram. This is the fifth lighthouse in the region Highlights The light house is to be built at a cost of Rs 8 crore ..
Month: Current Affairs - February, 2020
INS Jamuna deployed on Hydrographic Survey off coast Sri Lanka
The Indian Naval Ship (INS) Jamuna has been deployed in the shores of Sri Lanka to carry out a joint Hydrographic survey. The survey is to be conducted for 2 months time period. Highlights India and Sri Lanka together are ..
Month: Current Affairs - February, 2020
Cabinet Approves amendment of Double Taxation Avoidance Agreement with Sri Lanka
On February 12, 2020 the Union Cabinet approved the protocol to amend the DTAA (Double Taxation Avoidance Agreement) that was signed between India and Sri Lanka. The DTAA with respect to prevention of fiscal evasion is to be amended. Highlights ..
Month: Current Affairs - February, 2020
Sri Lankan Prime Minister visits India: Terrorism and Trade discussed
On February 8, 2020, the Sri Lankan Prime Minister Mahinda Rajapaksa held high level talks with PM Modi during his five-day visit to India. The leaders held talks about terrorism, trade and economic projects in New Delhi Highlights The meet ..
Month: Current Affairs - February, 2020
India to set up Maritime Research Coordination Centre in Sri Lanka
On January 19, 2020, Indian National Security Advisor (NSA) Ajit Doval met Sri Lankan President Gotbaya Rajpaksa. He discussed setting up of maritime research coordination centre in the country. The establishment of research centre is important to learn maritime activities ..
Month: Current Affairs - January, 2020
Indian Naval chief on a four-day visit to Sri Lanka
The Chief of Naval Forces Admiral Karabir Singh is to visit Sri Lanka between December 19 and December 22, 2019. The visit is aimed to strengthen bilateral maritime relations between the countries Highlights The admiral will hold bilateral talks with ..