Brexit Current Affairs, GK & News
Difficult Four Countries
The Chatham House recently published a report proposing a blueprint for foreign policy of UK after Brexit. The report classed India as one of the “difficult four” countries along with China, Saudi Arabia and Turkey. Key Highlights of the report The report was titled “Global Britain, Global Broker”. The report points that the complex fragmented ..
Month: Current Affairs - January, 2021
Category: International Current Affairs
Topics: Brexit • D10 • difficult four countries • G7 • India-UK
UK-Vietnam Free Trade Agreement
The United Kingdom and Vietnam recently signed an agreement on trade. The agreement is to eliminate 99% of tariffs within seven years. Highlights With the elimination of 99% of tariff, Vietnam is to benefit from tariff savings of 114 million pounds, that is 151 million USD on its exports and British will benefit 36 million ..
Month: Current Affairs - December, 2020
Category: International Current Affairs
Topics: bilateral agreement • Brexit • European Union (EU) • Free trade agreements • free trade deal • Japan • Singapore • UK • UK-Vietnam • Vietnam
Impact of EU-UK Brexit Deal in India
India is to emerge as the net-gainer from the Brexit deal recently signed between the European Union and United Kingdom. Impact on India The gains for India from the EU-UK Brexit deal are mainly in the service sector. This is because, the UK currencies are becoming cheaper. Therefore, it will be less expensive for the ..
Month: Current Affairs - December, 2020
Category: International Current Affairs
Topics: Boris Johnson • Brexit • Currency • European Union (EU) • FDI • India-UK • PM Modi
UK, EU to announce Brexit Trade Accord
The United Kingdom and the European Union are now trying to strike a deal and define the terms of their future relationship ahead of the deadline. The deadline falls on December 31, 2020. What is Brexit Deal? The United Kingdom formally exited the European Union on January 31, 2020. The country then entered into an ..
Month: Current Affairs - December, 2020
Category: International Current Affairs
Topics: Boris Johnson • Brexit • Brexit deal • European Union (EU)
Why did Indian Market suffer the worst one-day fall in seven months?
The SENSEX crashed 1,406.73 points and NIFTY crashed 432.15 points recently. In terms of percentage, SENSEX crashed by 3% and NIFTY crashed by 3.14%. This was the biggest fall in seven months. This is being referred to as “Blood Bath in Dalal Street”. Dalal Street is the address of Bombay Stock Exchange. The main reason ..
Month: Current Affairs - December, 2020
Category: Economy & Banking Current Affairs • International Current Affairs
Topics: Bombay Stock Exchange (BSE) • Brexit • COVID-19 • COVID-19 new strain • Mutation • National stock exchange • Nifty • Sensex