Cabinet approves Currency Swap Agreement with Japan

The Union Cabinet has approved India’s Currency Swap Agreement with Japan. The $75-billion bilateral currency swap arrangement is a milestone in mutual economic cooperation and special strategic and global partnership between two countries. Currency Swap Agreements A Currency swap agreement is a ..

Month: Current Affairs - January, 2019

Henley Passport Index

The Henley Passport Index measures the access each country’s travel document affords. The Index is based on the data provided by the International Air Transport Authority (IATA) and covers 199 passports and 227 travel destinations. Ranking of the Jurisdictions The ..

Month: Current Affairs - January, 2019

Japan to Withdraw from the International Whaling Commission

Japan has announced its decision to withdraw from the International Whaling Commission (IWC). The withdrawal would enable Japan to resume commercial whaling activities. Japan has said that it would undertake commercial whaling  from July 2019 limited to Japan’s territorial waters ..

Month: Current Affairs - January, 2019

Japan picks Chinese character “disaster” to define 2018

On December 12, Japan picked the Chinese character “disaster” to define the year 2018, a year that saw deadly floods, strong earthquakes and heavy storms. The selection came after Japan was buffeted this year by torrential rains in the country’s ..

UK Is the Largest Western Foreign Investor in India: Report

The report ‘India’s Sterling Assets: Britain Meets India’ by the Confederation of British Industry (CBI) has noted that UK is the largest foreign western investor in India. UK investments in India: The total foreign direct investment (FDI) which flowed into India ..

Month: Current Affairs - December, 2018

Cope India air exercise: India, Japan, US planning to host joint trilateral air exercise

India and US have agreed to elevate their bilateral ‘Cope India’ air exercise to trilateral format by including Japan. The next edition of this exercise is scheduled to be held in December 2018 for which final planning conference to finalise ..

Month: Current Affairs - October, 2018

G4 Ministers from India, Brazil, Germany, Japan review UNSC reform

G-4 Nations viz. India, Brazil, Germany and Japan have voiced concern over lack of substantive progress in long-pending United Nations Security Council (UNSC) reform. It was convened during meeting of Ministers from four G4 Countries which was hosted by External ..

Month: Current Affairs - September, 2018

Japan to conduct world’s first test of space elevator

Japanese researchers from Shizuoka University will conduct world’s first experiment to test small prototype of space elevator in space by using two mini satellites. The test equipment will be launched by Japan’s space agency on board of H-2B rocket from ..

Month: Current Affairs - September, 2018

5th RCEP intersessional ministerial meeting held in Tokyo, Japan

The 5th Regional Comprehensive Economic Partnership (RCEP) intersessional ministerial meeting was held in Tokyo, Japan. It was first RCEP ministerial gathering to be held outside ASEAN countries. It was co-chaired by Singapore’s Minister of Trade and Industry Chan Chun Sing ..

Month: Current Affairs - July, 2018

42nd session of World Heritage Committee: Four sites added to UNESCO’s World Heritage List

The 42nd session of World Heritage Committee (WHC) meeting of United Nations Educational, Scientific and Cultural Organization (UNESCO) held in Manama, Bahrain has inscribed four cultural sites on the World Heritage List. These four cultural sites are Victorian Gothic and ..

Month: Current Affairs - July, 2018