News: Western countries have put several types of economic sanctions on Russia. However, the effectiveness of these sanctions is debatable. The way of expressing global dominance and hegemony is changing. Now, it is expressed through financial sanctions, instead of troop presence. Most recently the method has been adopted against Russia. First, financial manipulations from afar… Continue reading Escaping the global sanctions net
Tag: Indian express
Indian express articles.
Explained: How dependent is India on Russia’s weapons
What is the News? In the Russia-Ukraine crisis, India has been trying to walk a fine line, negotiating its relationships with the United States and other Western nations on one side and the historically deep and strategic ties with Russia on the other. India-Russia Defence Ties India was almost solely dependent on the British and… Continue reading Explained: How dependent is India on Russia’s weapons
Ukraine’s situation, India’s national interest
News: Russian president announced military action in Ukraine to protect Russians from genocide and for de-Nazification and demilitarization of Ukraine. Why Russian belief is not correct? Allegations of Nazism can’t be held against Ukraine as there is no evidence of genocide and the Ukrainian president himself is a Jew. Thus, this allegation stems from the ideology… Continue reading Ukraine’s situation, India’s national interest
Explained: Why digital lenders have come under the scanner
What is the News? RBI has cancelled the Certificate of Registration(CoR) issued to P C Financial Services Pvt Ltd, which was primarily engaged in mobile app-based lending operations through an app called ‘Cashbean’. The registration was cancelled as the company was found charging a usurious rate of interest and other charges to its borrowers in… Continue reading Explained: Why digital lenders have come under the scanner
With Russia-Ukraine conflict, comes inflation challenge
News: With the Russia-Ukraine conflict going into a war, global commodity prices, especially that of crude oil and gas, are likely to see a strong surge. This poses a challenge for India and the world to contain inflationary pressures. How does the Russia Ukraine conflict affect the economy? At 6%, India’s consumer price index (CPI) inflation… Continue reading With Russia-Ukraine conflict, comes inflation challenge
Compensation to Victims of Hit and Run Motor Accidents Scheme, 2022: Hit-and-run deaths: Govt notifies 8-fold hike in relief to Rs 2 lakh
What is the News? The Government has released “The Compensation to Victims of Hit and Run Motor Accidents Scheme, 2022”. Note: According to the government data, 3.66 lakh road accidents occurred in the country in 2020 resulting in 1.31 lakh deaths. What is Compensation to Victims of Hit and Run Motor Accidents Scheme, 2022? Released… Continue reading Compensation to Victims of Hit and Run Motor Accidents Scheme, 2022: Hit-and-run deaths: Govt notifies 8-fold hike in relief to Rs 2 lakh
Explained: Why eastern Europe is popular with Indian medical students
What is the News? Ukraine and other eastern European countries like Romania and Bulgaria are popular destinations for Indian students pursuing medicine. Why Eastern European countries are popular for Indian medical students? Easy Entrance Criteria: There are no entrance exams to pass in order to gain admission to medical schools.(Since 2018, India has made it… Continue reading Explained: Why eastern Europe is popular with Indian medical students
Explained: What is SWIFT, what shutting Russia out of it means
What is the News? The US and European Union (EU) have decided to exclude some Russian banks from the SWIFT payment system. What is SWIFT? SWIFT system stands for the Society for Worldwide Interbank Financial Telecommunication. It is a secure platform for financial institutions to exchange information about global monetary transactions such as money transfers.… Continue reading Explained: What is SWIFT, what shutting Russia out of it means
Explained: Who gets VIP security cover, and how?
What is the News? Dera Sacha Sauda chief has been provided Z plus category security by the Haryana government. This decision has generated considerable interest as the person was serving a 20-year sentence and was released on furlough. What is VIP Security? The protection given to someone who holds a position of consequence either in… Continue reading Explained: Who gets VIP security cover, and how?
India’s stand on Ukraine is shaped by its national interest
News: Prime Minister Narendra Modi’s phone conversation with Russian President Vladimir Putin underlined that India will for now stick to a path of strategic ambivalence on the Ukraine crisis. Why India should maintain strategic ambivalence on the Ukraine crisis? All the stakeholders are equally important for India. For instance, Russia remains India’s biggest and time-tested… Continue reading India’s stand on Ukraine is shaped by its national interest
