What is the news? Failure of Evergrande (China’s too big to fail real estate sector developer) would affect economic activities in China, which in turn, may have cascading negative consequences for the world. Introduction Financial stress in China’s largest real estate developer, Evergrande, has led to turmoil across global markets. Evergrande has a total debt… Continue reading China’s ‘Lehman moment’
Category: Factly: IR
This category contains all Current Affairs Factly Articles for Prelims, related to the International Relations. You can find all relevant International updates on this page. This page is specifically useful for UPSC Prelims exam.
6TH EDITION OF SCO EXERCISE “PEACEFUL MISSION – 2021” COMMENCES AT ORENBURG, RUSSIA
What is the News? The 6th Edition of SCO Exercise Peaceful Mission:2021 hosted by Russia has started in the Orenburg Region of South-West Russia. What is an Exercise Peaceful Mission? It is a Multilateral Exercise that is conducted biennially as part of military diplomacy between Shanghai Cooperation Organisation (SCO) member states. The exercise aims to… Continue reading 6TH EDITION OF SCO EXERCISE “PEACEFUL MISSION – 2021” COMMENCES AT ORENBURG, RUSSIA
INDIAN NAVY AND INDONESIAN NAVY PARTICIPATE IN EXERCISE ‘SAMUDRA SHAKTI’
What is the News? Indian Naval Ships Shivalik and Kadmatt have reached Jakarta, Indonesia to participate in Exercise ‘Samudra Shakti’. What is Exercise Samudra Shakti? Exercise Samudra Shakti is a bilateral maritime exercise between India and Indonesia. Aim: To strengthen the bilateral relationship, enhance mutual understanding and interoperability in maritime operations between the two navies. … Continue reading INDIAN NAVY AND INDONESIAN NAVY PARTICIPATE IN EXERCISE ‘SAMUDRA SHAKTI’
India will resume exports of covid-19 vax from Oct to meet its commitments
What is the News? India will resume the export of COVID-19 vaccines under its ‘Vaccine Maitri’ programme to fulfil the commitment towards COVAX (COVID-19 Vaccines Global Access). What is the Vaccine Maitri Programme? Vaccine Maitri Initiative was launched by the Government of India in January 2021. Purpose: It is a humanitarian initiative undertaken by India… Continue reading India will resume exports of covid-19 vax from Oct to meet its commitments
India scores 46th rank in the Global Innovation Index 2021
Contents1 What is the News?2 What is the Global Innovation Index?3 What are the key findings of the Global Innovation Index 2021?3.1 Key findings related to India3.2 Other Key findings What is the News? The Global Innovation Index (GII) 2021 has been released. What is the Global Innovation Index? The Global Innovation Index is published… Continue reading India scores 46th rank in the Global Innovation Index 2021
15TH EDITION OF INDO – NEPAL JOINT EXERCISE SURYA KIRAN
What is the News? The 15th Edition of Indo – Nepal Joint Military Training, Exercise Surya Kiran between Indian Army and Nepali Army is starting at Pithoragarh, Uttarakhand. What is Exercise Surya Kiran? Exercise Surya Kiran is a joint annual military exercise between India and Nepal. The exercise is conducted alternatively in Nepal and India.… Continue reading 15TH EDITION OF INDO – NEPAL JOINT EXERCISE SURYA KIRAN
India will become 3rd largest importer by 2050: UK report
Contents1 What is the News?2 What are the key findings of the report?2.1 India’s Imports2.2 A shift in Economic Activity2.3 E7 Group of Economies3 What are the concerns highlighted in the report? What is the News? The UK’S Department of International Trade has released a report titled ‘Global Trade Outlook‘. What are the key findings… Continue reading India will become 3rd largest importer by 2050: UK report
World Bank discontinues Doing Business rankings
What is the News? The World Bank Group has recently decided to discontinue publication of its ‘Doing Business’ rankings. About the Doing Business Report Doing Business report measures regulations across the 190 economies in 12 business regulatory areas to assess the business environment in each economy. Read more: World Bank’s Doing Business Report What led to… Continue reading World Bank discontinues Doing Business rankings
Exercise Peaceful Mission-2021: India takes part in SCO joint military exercise in Russia
What is the News? India has participated in the 6th edition of Exercise Peaceful Mission being hosted by Russia. What is an Exercise Peaceful Mission? Exercise Peaceful Mission is a Multilateral Exercise that is conducted biennially as part of military diplomacy between Shanghai Cooperation Organisation (SCO) member states. Aim: To foster close relations between SCO… Continue reading Exercise Peaceful Mission-2021: India takes part in SCO joint military exercise in Russia
PM calls on SCO to act against radicalization
What is the News? The annual summit of the Shanghai Cooperation Organisation(SCO) was held in Tajikistan’s capital city of Dushanbe. What are the key highlights of the summit? Dushanbe Declaration: At the summit, the countries adopted the Dushanbe Declaration. The declaration called for an inclusive government in Afghanistan, with representatives from all ethnic, religious, and… Continue reading PM calls on SCO to act against radicalization
