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Global Energy Transition Index 2019
The Global Energy Transition index 2019 report has been released by the World Economic Forum (WEF). The index compares the energy sectors of 115 countries and analyses their readiness for energy transition. The index benchmarks the countries energy systems based ..
Month: Current Affairs - March, 2019
ICJ advises Britain to return Diego Garcia to Mauritius
International Court of Justice (ICJ) has advised the UK to return the Diego Garcia (Chagos Islands) to Mauritius as rapidly as possible. The ICJ has said that Britain must give Mauritius control of the Chagos Archipelago in the Indian Ocean. The advisory ..
Month: Current Affairs - February, 2019
Lockheed Martin unveils new F-21 Fighter Jet
US defence giant Lockheed Martin unveiled the F-21 multi-role fighter jet at Asia’s biggest air show Aero India-2019. Lockheed Martin will manufacture the plane in collaboration with Tata Advanced Systems under India’s flagship programme Make in India. F-21 Fighter Jet ..
Month: Current Affairs - February, 2019
FDI inflows to India during April-December 2018
The data released from the Ministry of Commerce and Industries shows that the FDI inflows to India contracted by 7 per cent to USD 33.49 billion during April-December in the financial year 2018-19. Key Facts about FDI inflow to India ..
Month: Current Affairs - February, 2019
US approves sale of two missile defence systems for Air India One
The US President has approved the sale of two missile defence systems for Air India One. The two missile defence systems Large Aircraft Infrared Countermeasures (LAIRCAM) and Self-Protection Suites (SPS) will enhance the security of planes flying the prime minister and ..
Month: Current Affairs - February, 2019
President Trump Nominates David Malpass for the Presidency of World Bank
The US President Trump has nominated David Malpass for the post of the president of the World Bank. David Malpass David Malpass had held senior roles in the US Treasury during the Reagan and George HW Bush administrations. He has ..
Month: Current Affairs - February, 2019
Macedonia signs accord to join NATO
Macedonia takes a major step on road to NATO membership. The conflict over the name with Greece had become a damper in its membership to NATO. With the conflict with Greece taken to logical end with the conclusion of Prespa ..
Month: Current Affairs - February, 2019
Venezuela Crisis
The Venezuela crisis is deepening with passing time. European Union, Australia, US, New Zealand have recognised Juan Guaidó, the opposition leader as the president. Juan Guaidó, the opposition leader, has said that President Nicolás Maduro is illegitimate and has asserted ..
Month: Current Affairs - February, 2019
Foreign Direct Investment to India
The Ministry of Commerce and Industry has released the data related to the Foreign Direct Investment (FDI) inflows during April-September 2018-19. The important aspects from this data: The Foreign direct investment (FDI) into India was declined by 11 per cent ..
Month: Current Affairs - February, 2019
FDI to India since 2014
The Union Finance Minister Piyush Goyal in the interim budget 2019 stated that India has received massive foreign direct investment worth USD 239 billion in the last five years. FDI: From Where to Where? The Union Finance Minister attributed this ..