Russia to quit International Space Station after 2024

Russia is all set to exit the International Space Station after 2024. Russia took this decision after escalation of tensions between Russia and the West due to Russian military intervention in Ukraine and sanctions against Russia. Russia and the United States have been working side by side on the International Space Station since 1998, when ..

Month: Current Affairs - July, 2022

Category: International Current Affairs

Topics: International Space Station (ISS) • Russian Space agency • Russian Space Programme • Soviet Space Programme

California Oak Fire

Oak Fire recently broke out in Mariposa, California. It is the largest fire so far in 2022, overtaking 17,242 acres area. US firefighters (3000 in numbers) are trying to control the wildfire and stop its eastward expansion towards Yosemite National Park. Highlights: The oak fire is expanding amidst heatwaves in several parts of United States. ..

Month: Current Affairs - July, 2022

Category: Environment Current Affairs • International Current Affairs

Topics: California • California Oak Fire • Oak Fire • Sierra Nevada mountain • wildfires • Wildfires in California • Yosemite National Park

July 26: International Day for Conservation of Mangrove Ecosystem

The International Day for the Conservation of the Mangrove Ecosystem is observed on July 26, annually. It seeks to raise awareness on importance of mangrove ecosystems. Mangroves are considered as “a unique, special and vulnerable ecosystem”. It also seeks to provide solutions for sustainable management, conservation and uses of the mangroves. When was the day ..

Month: Current Affairs - July, 2022

Category: International Current Affairs

Topics: International Day for conservation of Mangroves Ecosystem • Mangrove forests • Mangroves in India • Protection of Mangrove Ecosystem • Sunderban Mangroves

Indermit Gill: World Bank Chief economist from India

Indermit Gill has recently been appointed as Chief Economist and Senior Vice President of Development Economics of the World Bank. He will succeed American economist Carmen Reinhart, for the post. Highlights: Indermit Gill will be appointed on September 1, 2022. He is currently the Vice President for Equitable Growth, Finance, and Institution and is leading ..

Month: Current Affairs - July, 2022

Category: Awards, Persons & Places in News • International Current Affairs

Topics: Chief Economist of the World Bank • Indermit Gill • International Bank for Reconstruction and Development (IBRD) • International Development Association (IDA) • World Bank • World Bank Chief economist from India

Multi-Agency Group for investigation of Foreign Asset Cases

Indian Government has set up a “Multi-Agency Group for investigation of Foreign Asset Cases”. The Group comprises of representatives from various enforcement Agencies and Organizations. It will involve in the investigation of various categories of foreign asset cases such as Paradise paper leaks, Panama paper leaks, and Pandora paper leaks. The Multi-Agency Group was set ..

Month: Current Affairs - July, 2022

Category: Economy & Banking Current Affairs - 2022 • International Current Affairs

Topics: black money • Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act • double taxation avoidance agreements • india-switzerland • swiss bank • Undisclosed foreign assets

Significance of India’s USD 2.5 million contribution to UNRWA

On July 22, 2022, India made the contribution of USD 2.5 million towards the United Nations Relief and Works Agency (UNRWA), for Palestine Refugees in Near East. Signing ceremony as held on July 22, at the headquarter of UNRWA in East Jerusalem. Significance of the contribution include: This contribution highlights India’s strong demonstration and unwavering ..

Month: Current Affairs - July, 2022

Category: International Current Affairs

Topics: India-UNRWA • Palestinian refugees • United Nations Relief and Works Agency (UNRWA) • UNRWA