International Relations
India, U.S. to launch a semiconductor subcommittee
●India and the United States signed a memorandum of understanding (MoU) that will pave the way for creating a semiconductor sub-committee under the Commercial Dialogue between the U.S. Department of Commerce and India’s Ministry of Electronics and Information Technology (MeitY) and the Ministry of Commerce. ●Objective: establishing semiconductor... .Read more
Updated on 11 March, 2023 GS2 International Relations Current Affairs Science and Technology
IBSA can play vital role in reforming digital governance, says DiploFoundation report.
India, Brazil, and South Africa, which have together formed the tripartite IBSA Forum, may play a prominent role in the process of reforming digital governance, at a time when digital geopolitical tensions are showing no signs of easing, according to the Geneva-based DiploFoundation. “The first tangible results from IBSA’s digital momentum c... .Read more
Updated on 10 March, 2023 GS2 International Relations Current Affairs
Utilising India’s moment under the diplomatic sun
●New Delhi is on a geopolitical high. It hosted the following meetings: ✓the G-20 Foreign Ministers meeting (March 1-2, 2023), ✓the G-20 Finance Ministers meeting (February 22-25) and ✓the Quad Foreign Ministers meeting (March 3), ✓the Ministry of External Affairs-supported Raisina dialogue (March 2-4). ✓also organised the &l... .Read more
Updated on 6 March, 2023 Daily Updates International Relations Economy Current Affairs
China increases defence spending by 7.2%
●China’s government on Sunday announced a hike in defence spending by 7.2% to $225 billion in 2023, saying the rise was needed to deal with “complex security challenges”. Beijing also announced a lower than expected growth target of “around 5%” for the year, as the National People’s Congress (NPC), or Parliament, conv... .Read more
Updated on 6 March, 2023 GS2 GS3 International Relations Current Affairs
Creative Formulas India must help find the middle ground on Ukraine among the G-20
•After the conclusion of two key G20 ministerial meetings, of the Finance Ministers and Central Bank Governors (FMCBG) in Bengaluru and Foreign Ministers Meeting (FMM) in Delhi, without consensus over the Ukraine war, diplomats and G20 officials must pause for a stock-taking exercise on the government’s strategy for its G20 presidency. &bul... .Read more
Updated on 4 March, 2023 International Relations Current Affairs
World Bank to lend $1 billion to support India’s health sector
•The World Bank is lending up to $1 billion to help India with preparedness for: [1]future pandemics and [2] to strengthen its health infrastructure. •The lending will be divided into two complementary loans of $500 million each. Through this combined financing of $1 billion, the bank will support India’s flagship Pradhan Mantri-A... .Read more
Updated on 4 March, 2023 GS2 International Relations Economy Current Affairs
