Author: ForumIAS

Prime minister to participate in NAM Summit through Video Conference

News:The Prime Minister will participate in the Virtual Non-Aligned Movement (NAM) Summit through Video Conference.The summit will be chaired by Azerbaijan and will conclude with a political declaration of Uniting Against COVID-19. Facts: Non-Aligned Movement: It was formed during the Cold War as an organization of States that did not seek to formally align themselves… Continue reading Prime minister to participate in NAM Summit through Video Conference

China tests state-run digital currency in 4 cities amid pandemic

News:China has started testing its digital currency named e- RMB in four major Chinese cities. Facts: e-RMB is set to be the first digital currency operated by a major economy. People’s Bank of China (PBOC), the country’s central bank will be the sole issuer of the digital currency. This is part of China’s Digital Currency… Continue reading China tests state-run digital currency in 4 cities amid pandemic

CAIT to launch national e-commerce marketplace ‘bharatmarket’ for retail traders

News:Confederation of All India Traders(CAIT) has announced to launch the national e-commerce marketplace “Bharat Market”. Facts: Bharat Marketplace:It will be an e-commerce portal that aims to bring retailers on a single platform to provide end-to-end services in the logistics and supply chains from manufacturers to end consumers including deliveries at home. This initiative also has… Continue reading CAIT to launch national e-commerce marketplace ‘bharatmarket’ for retail traders

Global energy demand to fall 6 per cent in 2020, largest drop in 70 years: IEA

News:International Energy Agency(IEA) has released its annual Global Energy Review 2020 report. Facts: International Energy Agency(IEA): Established in 1974 as an autonomous intergovernmental organization under the OECD framework. Aim:To ensure reliable, affordable and clean energy for its member countries and beyond. Headquarters: Paris, France. Focus areas: It has four main areas of focus: a) Energy… Continue reading Global energy demand to fall 6 per cent in 2020, largest drop in 70 years: IEA

Blog
Academy
Community