Houthi Rebels: India-bound cargo ship hijacked by Houthi rebels in Red Sea

Source: The post is based on the article “Houthi Rebels: India-bound cargo ship hijacked by Houthi rebels in Red Sea” published in “Livemint” on 21st November 2023 Why in the News? An India-bound cargo ship named Galaxy Leader was hijacked in the Red Sea by Yemen’s Houthi rebels. Who are Houthis? 1) The Houthis are… Continue reading Houthi Rebels: India-bound cargo ship hijacked by Houthi rebels in Red Sea

Near Space Command built by China: What is it and why should the world be alarmed?

Source: The post is based on the article “Near Space Command built by China: What is it and why should the world be alarmed?” published in “Wion” on 21st November 2023 Why in the News? China has reportedly established the world’s first ‘Near-Space Command’. What is the Near Space Command established by China? 1) Near… Continue reading Near Space Command built by China: What is it and why should the world be alarmed?

RISE Accelerator: AIM– NITI Aayog launches it to support Australian and Indian circular economy startups

Source: The post is based on the article “RISE Accelerator: AIM– NITI Aayog launches it to support Australian and Indian circular economy startups” published in “PIB” on 21st November 2023 Why in the News? The Atal Innovation Mission (AIM) under NITI Aayog has launched a new accelerator program called Rapid Innovation and Startup Expansion (RISE).… Continue reading RISE Accelerator: AIM– NITI Aayog launches it to support Australian and Indian circular economy startups

Operation Karuna

Source– This post is based on the article “India launches ‘Operation Karuna’ to assist cyclone-hit Myanmar” published in “The Hindu” on 18th May 2023. Why in the News? India launched ‘Operation Karuna’ to assist Myanmar which has been devastated by Cyclone Mocha. What is Operation Karuna? 1. India has launched “Operation Karuna” to provide humanitarian… Continue reading Operation Karuna

Voice of Global South Summit: PM expresses concern for civilians caught in Israel-Hamas conflict, calls for restraint

Source: The post is based on the article “Voice of Global South Summit: PM expresses concern for civilians caught in Israel-Hamas conflict, calls for restraint” published in “Indian Express” on 21st November 2023 Why in the News? India recently hosted the 2nd Voice of Global South Summit in a virtual format. What is the Voice… Continue reading Voice of Global South Summit: PM expresses concern for civilians caught in Israel-Hamas conflict, calls for restraint

India-Australia Economic Cooperation and Trade Agreement (ECTA): 77% utilization by Indian exporters in 9 months

Source: The post is based on the article “India-Australia Economic Cooperation and Trade Agreement (ECTA): 77% utilization by Indian exporters in 9 months” published in “Business Standard” on 21st November 2023 Why in the News? Indian exporters have benefitted from the India-Australia ECTA. For the first nine months, the utilization rate was 77%. What is… Continue reading India-Australia Economic Cooperation and Trade Agreement (ECTA): 77% utilization by Indian exporters in 9 months

NATO Suspends CFE Treaty After Russia’s Pullout

Source– This post is based on the article “NATO announces formal suspension of Cold War-era security treaty after Russia’s pullout” published in “The Hindu” on 7th November 2023. Why in the News? NATO has formally announced the suspension of Treaty on Conventional Armed Forces in Europe (CFE), a key Cold War-era security treaty in response… Continue reading NATO Suspends CFE Treaty After Russia’s Pullout

Innovation Handshake: India and US launch ‘Innovation Handshake’ to deepen bilateral tech ties

Source: The post is based on the article “Innovation Handshake: India and US launch ‘Innovation Handshake’ to deepen bilateral tech ties” published in “Business Standard” on 17th November 2023 Why in the News? India has signed a memorandum of understanding(MoU) with the US on “Enhancing Innovation Ecosystems through an Innovation Handshake”. What is an Innovation… Continue reading Innovation Handshake: India and US launch ‘Innovation Handshake’ to deepen bilateral tech ties

World Governance Index: Need for World Bank’s governance indicators to be transparent

Source: The post is based on the article “World Governance Index: Need for World Bank’s governance indicators to be transparent” published in “Indian Express” on 16th November 2023 Why in the News? Chief Economic Advisor has raised concerns over the use of Worldwide Governance Index Indicators in ratings assessment by credit ratings agencies. He has… Continue reading World Governance Index: Need for World Bank’s governance indicators to be transparent

Indo-Pacific Economic Framework for Prosperity(IPEF):India signs agreement with IPEF members on supply chain resilience

Source: The post is based on the article “Indo-Pacific Economic Framework for Prosperity(IPEF):India signs agreement with IPEF members on supply chain resilience” published in “Livemint” on 16th November 2023 Why in the News? India has signed an agreement with the US and 12 other members of the Indo-Pacific Economic Framework for Prosperity(IPEF) to reduce its… Continue reading Indo-Pacific Economic Framework for Prosperity(IPEF):India signs agreement with IPEF members on supply chain resilience

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