India-Japan conduct Naval Exercises

On June 27, 2020 India and Japan held Naval Exercises in the Indian Ocean amidst the LAC stand off between India and China. Highlights The Exercise was conducted to promote mutual understanding between the naval forces of the countries. The ..

Month: Current Affairs - June, 2020

Asia Pacific Economic Cooperation: Economic Decline of 2.7% expected in the region

The Asia Pacific Economic Cooperation has stated that the APEC region is to face an economic decline of 2.7% in 2020 due to the impact of COVID-19. Also, the region is to face near growth rate. This will be the ..

Month: Current Affairs - April, 2020

World Bank predicts widespread poverty in East Asia and Pacific regions

In its recently released revised forecast, the World Bank predicted that millions in the East Asia and Pacific region would enter poverty due to the impact of the pandemic on economy. WB’s Observation The World Bank forecasted that millions in ..

S&P estimates COVID-19 cost to be $620 billion for 14 Asia-Pacific countries

International ratings agency S&P Global Ratings has recently estimated the cost of COVID-19 outbreak for 14 Asia-Pacific countries at $620 billion. Though a country-wise break-up was not provided for its estimate, it said that the total and permanent income loss ..

Indira Gandhi International Airport ranked as Asia-Pacific’s best airport 

The Indira Gandhi International Airport, New Delhi has emerged as the Asia-Pacific’s best airport in the ‘Over 40 million passengers per annum category’ in the Airport Service Quality Programme (ASQ) 2019 rankings. The rankings are released by the Airports Council International. The Indira Gandhi ..

Google to open a Delhi cloud region

Technology Major Google recently announced that it would open a Delhi cloud region. It will be the company’s second region in India after the Mumbai cloud region which was launched in 2017. This region, which is estimated to be launched ..