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Context: India and China marked the 70th anniversary of the establishment of diplomatic ties between the two countries, a landmark event. Background: On April 1, 1950, India became the first non-Communist country in Asia to establish diplomatic ties with China. Boosting people-to-people ties: Both countries agreed last year to hold 70 events - 35 each in India and China - to mark the occasion but the plan had to be put on hold due to the pandemic.... .
Updated on 2 April, 2020
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Context: The Supreme Court denied the request of the Indian government seeking a directive to news outlets to refrain from publishing any COVID-19-related news without clearance from the government. Background: The government, and the court hearing its solicitor general, blamed the exodus of migrant workers from the cities into the countryside on fake news. The government invoked the Disaster Management Act on March 11, which makes the “act ... .
Updated on 2 April, 2020
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Context: Based on the latest estimates released by the Stockholm International Peace Research Institute (SIPRI) in the period between 2009-13 and 2014-18, Indian defence imports fell even as exports increased. Trends in Export-Import: Indeed, the period between 2012 and 2019 saw Indian defence exports experiencing a considerable jump sourced from Indian public and private sector enterprises. In the last two fiscal years, 2017-18 and 2018-19, exp... .
Updated on 2 April, 2020
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Context: The global economy, grappling with the COVID-19 pandemic, is now faced with an energy war, resulting in crashing of crude oil prices in the international market. Background The Organisation of the Petroleum Exporting Countries (OPEC) and its alliance partners failed to reach any consensus on cutting back production to levels in order to keep prices stable. The U.S., as the largest oil producer today, has stayed away from the OPEC-plus... .
Updated on 2 April, 2020
Context: With everyone adopting social distancing and self isolation, in the wake of forced sick leave due to COVID-19, discussions are ongoing regarding the decline of the sharing economy and creation of an isolation economy. An insight into functioning of Shared Economy A sharing economy based on the idea of prudence in ownership of things and efficiency in sharing of such assets. For e.g. it can be a car sharing through Uber or rental... .
Updated on 2 April, 2020
Context: At a time when the coronavirus epidemic is spreading across the world, many things about Novel Coronavirus are spreading rapidly through social media, WhatsApp and the Internet. Some of these could be true, but many of those informations are baseless. Therefore,it is important to know about some facts related to this deadly virus. Infection: The virus infects the epithelial cells in the throat and lungs. SARS-CoV-2... .
Updated on 2 April, 2020
