Saudi Arabia to invest in oil refinery in Gwadar

Saudi Arabia to invest in oil refinery in Gwadar News: Saudi Arabia agrees to invest in new oil refinery in Pakistan’s port of Gwadar Important Facts: Saudi Arabia will invest in a new oil refinery in Pakistan’s Gwadar Port. About Gwadar port Gwadar is part of Pakistan’s mineral rich southwestern Baluchistan province. It is being… Continue reading Saudi Arabia to invest in oil refinery in Gwadar

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Eyes on India

Eyes on India News: Japan, South Korea, Taiwan and Australia are trying to forge closer economic ties with India. Important Facts: Japan, South Korea, Taiwan, and Australia are planning to divert their economic interest, away from mainland China and towards Southeast Asia and India. Why these Nations are sceptic about trading with China and inclining… Continue reading Eyes on India

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In a first, India deports 7 Rohingya immigrants to Myanmar

In a first, India deports 7 Rohingya immigrants to Myanmar News: For the first time, India has deported seven Rohingya immigrants to Myanmar. Important Facts: Immigrants were staying in India since 2012 illegally in Assam and since then they were lodged in Assam jail after court convicted them under the Foreigners Acts. Burmese Army organized… Continue reading In a first, India deports 7 Rohingya immigrants to Myanmar

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PT Facts

PT Facts 1. Nobel Peace Prize 2018 The Nobel Peace Prize 2018 was awarded jointly to Denis Mukwege and Nadia Murad “for their efforts to end the use of sexual violence as a weapon of war and armed conflict.” Denis Mukwege, a  gynaecologist,  has treated thousands of rape victims, in decades in the Democratic Republic… Continue reading PT Facts

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Avoiding the currency basket case 

Avoiding the currency basket case  Article The article elaborates on the evolution of Indian rupee and how internationalization of the rupee will benefit the Indian currency. Important Analysis: The Indian rupee was once a multi-lateral currency as its usage prevalent across the Indian ocean in Java, Borneo, Macau, Muscat, Basra and Zanzibar. The Gulf had… Continue reading Avoiding the currency basket case 

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International Year of Millets slotted for 2023, India thanks FAO for endorsing its demand 

International Year of Millets slotted for 2023, India thanks FAO for endorsing its demand  News: Acting on India’s proposal, the Food and Agriculture Organisation (FAO) has agreed to celebrate ‘International Year of Millets’ in 2023. Important Facts: Aim is to create awareness and inspire all stakeholders to work towards improving production and productivity of the… Continue reading International Year of Millets slotted for 2023, India thanks FAO for endorsing its demand 

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Wind power too adds to warming

Wind power too adds to warming NEWS: Researchers have identified that wind turbines also contribute to climate change by redistributing heat and moisture in the atmosphere. Important Facts: Wind turbines, designed as an alternative to fossil fuels, still contribute to climate change though turbine-caused warming is not as big a threat as greenhouse gas emissions.… Continue reading Wind power too adds to warming

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NMCE: The rise, fall and survival of India’s oldest commodity exchange

NMCE: The rise, fall and survival of India’s oldest commodity exchange News 1.In September 2018, the nation’s oldest commodity exchange National Multi-Commodity Exchange of India Ltd (NMCE) is merged with the India Commodity Exchange Limited (ICEX). Commodity exchange 2. A commodity exchange is an exchange where various commodities, derivative products, agriculture products and other raw… Continue reading NMCE: The rise, fall and survival of India’s oldest commodity exchange

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Innovation, not eminence, is key

Innovation, not eminence, is key News: Kapil Vishwanathan, has talked about reforms required in Higher Education in India. Important Facts: Man and Machine together has caused Rapid modernization and created a threat to environment. As per the Author, higher education across the globe has failed to address the changing demands of unpredictable world and environmental… Continue reading Innovation, not eminence, is key

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