Current Affairs

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EU Top slots refreshed

In a growing atmosphere of uncertainty and war in Ukraine, economic crisis and an unstable middle-east, EU has made its choice of the new faces for the topmost...

September 1, 2014

Russia-Ukraine move closer to Point-of-no-Return

The situation on ground has taken worse spirals and is on the brink of blowing out of proportions. There is an increased presence of Russian troops on Ukrainian...

August 31, 2014

Google agrees to provide 'Right to be Forgotten'

Google has launched a service to allow Europeans to ask for personal data to be removed from online search results. It will now be possible for Europeans to...

May 31, 2014

Gorakhpur now has world's longest railway platform

A newly constructed railway platform in Gorakhpur, U.P. entered into the Limca Book of World Records for being world’s longest railway platform. Platform No. 1 of the Gorakhpur is 1366.33...

January 13, 2014

Lativa becomes the 18th state to join the Eurozone

The Baltic nation, Latvia joined the Euro Zone, with the expectation that the euro will lower its borrowing costs and encourage investors by eliminating currency risk. It became...

January 1, 2014

EU bestows "GSP-Plus" status on Pakistan

The European Union (EU) has given GSP-Plus status to Pakistan, a move that is likely to encourage the textile and other industries as it grants exporters duty-free access...

December 19, 2013

6 key central banks in the world to make currency swap arrangements permanent

6 major central banks of the world to make their network of currency swap facility permanent. These banks will convert their temporary bilateral liquidity swap facility into standing...

November 4, 2013

EU barred funding settlements for Israel

European Union (EU) has issued an instruction that will bar all 28 member states from funding projects connected to Jewish settlements in the occupied territories, including annexed east...

July 31, 2013

Latvia gets approval to join Eurozone

The small Baltic nation of Latvia has been given approval from its European partners to become the 18th member of the eurozone from 2014. The ECOFIN council which...

July 15, 2013

EU to Restrict 'Bee-Harming' Pesticides

The European Commission will restrict the use of Neonicotinoid chemicals in pesticides  which is linked to reduce bee population by researchers. Neonicotinoid chemicals in pesticides are believed to harm...

May 2, 2013

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