What’s in the news? The 20th edition of the Bilateral Naval Exercise between Indian and French Navies – ‘VARUNA’ is being conducted in the Arabian Sea from 30 Mar – 03 Apr 22. The Bilateral Naval Exercises between the two …
Why in News: A media clarification issued by Sri Lanka’s Ministry of Defence has brought to light two recent defence pacts it has signed with India that neither side officially announced. What is the pact about The receipt of Floating …
What’s in the news? Union Minister of Commerce and Industry Piyush Goyal has unveiled the Comprehensive Economic Partnership Agreement (CEPA) between India and the United Arab Emirates (UAE). India-UAE CEPA was signed on 18 February 2022 in New Delhi during …
What’s in the news? India and Japan have set an investment target of “five trillion yen” ($42 billion) in the next five years, the leaders announced after a meeting in New Delhi for the 14th annual summit, where several agreements …
Why in News: Exercise Dharma Guardian, an annual exercise between Indian Army and Japanese Ground Self Defence Force, concluded at Belgaum with a focus on counter-terrorism operations and disruptive technologies between two key partners in the Indo-Pacific region. About the …
Why in News? Recent events of Russia’s invasion of Ukraine has long-term implications for India, most significantly on the decades-old defence trade between the two. Even as the most immediate impact of Russia’s invasion of Ukraine on India is the …
What’s in the news? Prime Minister Narendra Modi hosted the first India-Central Asia Summit with the Presidents of Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan. Highlights of the Summit PM Modi proposed a number of high-level exchanges between the two sides, …
What’s in the news? India has extended a $500 million-Line of Credit (LOC) to Sri Lanka for urgent fuel imports, days after providing $900 million relief to the island nation facing one of its worst economic downturns. A line of …
What’s in the news? India and the United Kingdom have launched formal Free Trade Agreement (FTA) negotiations, with the aim of concluding an early harvest trade agreement over the next few months. Both countries have agreed to avoid “sensitive issues” …
What’s in the news? India has confirmed a $400 million currency swap with Sri Lanka while deferring another $500 million due for settlement to the Asian Clearing Union (ACU), in a move aimed at helping the island nation witnessing an …