Imports from U.S. to grow, trade Ministers to meet soon

Indian Prime Minister has met US President on the sidelines of the G-7 Summit in France. During the meeting,the Indian PM said that India has planned to increase imports including oil from the US and $4 billion worth of imports were already in the pipeline. India and the US has differences over trade imbalance between… Continue reading Imports from U.S. to grow, trade Ministers to meet soon

PM rejects scope for third party mediation in Kashmir

Indian Prime Minister has met US President on the sidelines of the G-7 Summit in France. During the meeting,Indian PM has rejected any scope for a third party mediation between India and Pakistan on Kashmir.He reiterated that Kashmir is a bilateral issue. This statement came after US President has offered to mediate between India and… Continue reading PM rejects scope for third party mediation in Kashmir

G7 Summit: signs of hope as Donald Trump says U.S.-China trade talks are on

The Group of Seven(G7) summit was held in Biarritz,France.During the summit,US President has said the US and China will be resuming trade talks shortly. The US and China are negotiating a trade deal that would end the trade war between both the countries that has been escalating since last year. Trade war is a situation… Continue reading G7 Summit: signs of hope as Donald Trump says U.S.-China trade talks are on

Exchange rate driven by capital flows, says RBI

According to Reserve Bank of India Deputy Governor,India’s foreign exchange reserves are borrowed reserves and not built out of export surplus.This means that exchange rate dynamics in India is driven by capital flows rather than current account balances. Current account includes export and import of goods and services while Capital account includes inflow and outflow… Continue reading Exchange rate driven by capital flows, says RBI

Mains Marathon Daily Current Affairs Questions and Answer Writing – August 26th, 2019

Q.1) “India’s Afghanistan foreign policy has been successful in instilling a sense of confidence among Afghanistan about India.” In light of this discuss whether India should intervene militarily in Afghanistan? The Hindu Q.2) “India and China shares age old bilateral relations, which were, deteriorated only in past few decades.” Comment. The Hindu Q.3) Discuss the… Continue reading Mains Marathon Daily Current Affairs Questions and Answer Writing – August 26th, 2019

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