9 PM Current Affairs Brief – November 21, 2018

India, Russia to build stealth frigates News: India recently signed a $500 mn deal with Russia to locally manufacture two stealth frigates with technology transfer. Important Facts: Background: In October 2016, India and Russia signed an Inter-Governmental Agreement (IGA) for four Krivak or Talwar stealth frigates two to be procured directly from Russia and two… Continue reading India, Russia to build stealth frigates

BASIC nations push for ‘climate finance’ News: The top climate change negotiators from Brazil, South Africa, China and India (BASIC) convened in Delhi recently to push for developed countries on their earlier commitment to providing $100 billion annually from 2020. Important Facts: The meet was held ahead of the United Nations Conference of Parties (COP24)… Continue reading BASIC nations push for ‘climate finance’

Board committees to assist RBI News: The government and Reserve Bank of India have found a middle ground on the contentious issues between the two in the board meeting held recently. Important Facts: The Reserve Bank and the government have agreed to refer to an expert committee the following issues: The appropriate size of reserves… Continue reading Board committees to assist RBI

Make it the Indian way: Why the country must adapt to additive technologies News: The article discusses about the prospects and challenges of 3D printing in developing countries like India. Important Facts: About 3D printing: 3D printing or additive manufacturing is a process of making three dimensional solid objects from a digital file. The creation… Continue reading Make it the Indian way: Why the country must adapt to additive technologies

Farmers badly hit by demonetisation, admits Agriculture Ministry News: Recently Union Agriculture Ministry submitted a report to the Parliamentary Standing Committee on Finance, which noted that millions of farmers in India were unable to buy seeds and fertilisers for their winter crops because of demonetisation. Important Facts: According to the report, demonetisation came at a… Continue reading Farmers badly hit by demonetisation, admits Agriculture Ministry