7 PM | India – China Informal Summit | 14th October, 2019

Context: India-China relations in the backdrop of recently held Informal Summit. More in news: The second informal summit was held in the seaside temple town of Mamallapuram in Tamil Nadu on October 11 and 12.  Background: India and China share a 3,500-km border, over which they went to war in 1962. The course of the… Continue reading 7 PM | India – China Informal Summit | 14th October, 2019

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One Nation One Fastag

News:Union Minister of Road Transport & Highways will be inaugurating a conference on One Nation One FASTag in New Delhi. Facts: About the conference: The conference will see the signing of MoUs with state departments / other agencies for bringing in a unified electronic tolling solution across the country.  This would mean enabling the use… Continue reading One Nation One Fastag

Operation Peace Spring

News:India has expressed deep concern over Turkey’s unilateral military operation called Operation Peace Spring against the Syrian Kurdish militia (YPG) in Northeast Syria. Facts: About Operation Peace Spring: The Turkish military has launched a major cross-border operation in north-eastern Syria against a Kurdish-led militia alliance allied to the United States. This move came after US… Continue reading Operation Peace Spring

Exercise Vajra Prahar

News:The 10th edition of the joint military exercise ‘Vajra Prahar’ between India and the US will be held at Joint Base Lewis-McChord (JBLM) in Seattle from October 13-28,2019. Facts: About the exercise: Vajra Prahar is a Special Forces joint military training exercise conducted alternately in India and the US since 2010. The exercise enables sharing… Continue reading Exercise Vajra Prahar

Government to decriminalise 2/3rds of offences under the Companies Act

News:The Union government is all set to do away with jail term in over 40 of the 66 sections under the Companies Act 2013.These changes are being discussed by the Company Law Committee. Facts: About the company law committee: Government of India had constituted the company law committee for examining and making recommendations on various… Continue reading Government to decriminalise 2/3rds of offences under the Companies Act

World Bank Cuts India’s Growth Forecast To 6%

News:The World Bank has reduced India’s economic growth forecast in its South Asia Economic Focus report. Facts: Key takeaways from the report: The World Bank has projected India’s gross domestic product growth at 6% in the fiscal year 2020 compared with 7.5% forecast in April,2019. However,the bank also expects India’s growth to gradually recover to… Continue reading World Bank Cuts India’s Growth Forecast To 6%

Index of Industrial Production(IIP)

News:India’s industrial sector production(IIP) has contracted by 1.1% in August when compared to the production in the same month in 2018. Facts: About IIP: The Index of Industrial Production (IIP) is a composite indicator that measures changes in the volume of production of a basket of industrial products. The index is compiled and published monthly… Continue reading Index of Industrial Production(IIP)

Nepal, China ink road connectivity deal

News:Chinese President is on a visit to Nepal. Facts: Key takeaways from the visit: India and China have decided to construct a 70-km (42-mile) rail link which will connect the Gyiron in Tibet with Nepal’s capital city of Kathmandu. A 28-km Kerung-Kathmandu road tunnel is also proposed to halve the distance between Kathmandu and Chinese… Continue reading Nepal, China ink road connectivity deal

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