News:United States and India are working on ways to resolve long-disputed trade issues to sign a trade deal. Facts: Issues between India and US: Trade imbalance: India’s exports to the U.S. in 2017-18 stood at $47.9 billion while imports were at $26.7 billion.The trade balance is in favour of India. Tariffs: The bilateral tensions have… Continue reading U.S., India keen to wrap up trade deal
Tag: India
India’s Cooling Action Plan(ICAP)
News:India’s Cooling Action Plan(ICAP) has been appreciated internationally by the United Nations(UN) on World Ozone Day. Facts: About ICAP: India Cooling Action Plan (ICAP) was launched in 2019 the Union Minister for Ministry for Environment, Forest & Climate Change The goal of ICAP is to provide sustainable cooling and thermal comfort for all while securing… Continue reading India’s Cooling Action Plan(ICAP)
India, Australia to elevate strategic partnership
News:India and Australia are likely to conclude the mutual logistics support agreement and a broader maritime cooperation agreement to elevate the strategic partnership. Facts: About the Logistics agreement: Logistics agreements are administrative arrangements facilitating access to military facilities for exchange of fuel and simplifying logistical support and increasing operational turnaround. Currently, defence cooperation between the… Continue reading India, Australia to elevate strategic partnership
Indian Air Force receives Spice-2000 ‘building blaster’ buster bombs
News:Indian Air Force(IAF) has received the new version of the guided air-to-ground Spice-2000 bombs from Israel. Facts: About SPICE 2000: SPICE stands for Smart, Precise Impact, Cost Effective. The bomb comes from a family of standoff air-to-ground weapon systems. The bomb is basically an electro-optical/GPS guidance kit to convert air dropped unguided bombs into precision… Continue reading Indian Air Force receives Spice-2000 ‘building blaster’ buster bombs
Pangong Tso lake
News:Indian and Chinese Army soldiers were engaged in a face-off near the northern bank of Pangong Tso Lake in Ladakh. Facts: About Pangong Tso lake: Pangong Tso is a long narrow landlocked lake situated at a height of more than 14,000 ft in the Ladakh Himalayas. The brackish water lake freezes over in winter and… Continue reading Pangong Tso lake
Exercise Maitree – 2019
News:India and Thailand are all set to organize Joint Military Exercise MAITREE-2019 at Foreign Training Node, Meghalaya from 16-29 Sep 2019. Facts: About the exercise: Exercise Maitree is a joint military exercise between Indian Army and Royal Thai Army. The exercise is being conducted alternatively in Thailand and India since 2006. The exercise aims to… Continue reading Exercise Maitree – 2019
India, ASEAN agree to review free trade pact in goods
News:India and the 10-member ASEAN nations have agreed to initiate a review of the bilateral free trade agreement(FTA) in goods to make it more user-friendly, simple and trade facilitative. Facts: About ASEAN–India Free Trade Area (AIFTA) The ASEAN–India Free Trade Area (AIFTA) is a free trade area among the ten member states of the Association… Continue reading India, ASEAN agree to review free trade pact in goods
India’s oil demand to rise at fastest pace in world: Opec
News: The Organization of the Petroleum Exporting Countries (OPEC) has released the World Oil Demand report. Facts: The report has said that India’s oil demand will rise by the fastest pace globally in 2019 and 2020 even as its economic expansion has slowed down. However,the report also highlighted that India has experienced lower than expected… Continue reading India’s oil demand to rise at fastest pace in world: Opec
Motihari-Amalekhgunj petroleum pipeline
News:Indian Prime Minister and Nepal Prime Minister will inaugurate the Motihari Amlekhgunj petroleum pipeline. Facts: About the pipeline: The Motihari-Amlekhgunj oil pipeline project was first proposed in 1996. However,the project finally started during Indian Prime Minister’s visit to Nepal in 2014. The project is a 69-kilometre long petroleum pipeline which connects Motihari (Bihar) to Amelkhgunj… Continue reading Motihari-Amalekhgunj petroleum pipeline
India, Thailand, Singapore’s trilateral naval drill this month
News:India, Thailand and Singapore will conduct their first-ever trilateral naval exercise in the Andaman Sea between 16th-20th September,2019. Facts: About the Naval exercise: The trilateral exercise is aimed at ensuring free and unhindered shipping flow through the Malacca Straits. The exercise would involve Indian destroyer Ranvir along with a Singapore frigate and Thai multi-purpose warship.… Continue reading India, Thailand, Singapore’s trilateral naval drill this month
