"Major Non Nato Ally" status to Afghanistan

US bestowed Afghanistan with Major Non-NATO Ally (MNNA) status in the wake of drawdown of the international forces from the country. The US President Barak Obama signed a Presidential order assigning Afghanistan a MNNA. This is the first such designation ..

Month: Current Affairs - July, 2012

India drops to 64th position on Global Innovation Index

India dropped in the Global Innovation Index (GII) ranking of 2012 to 64th position from 62nd in 2011. Lowest among the BRICS nations in the 2012 GII. Nonetheless, the nation ameliorated its position in innovation efficiency from 9th position (just ..

Month: Current Affairs - July, 2012

India and China to amplify trade to $100 Billion by 2015

India and China agreed to enhance their defence and security dialogue and to take measures to ensure that the two countries reach a $100 billion trade target by  2015. It was decided on the sidelines of the Ri0+ 20 summit ..

Month: Current Affairs - June, 2012

India might be 1st BRIC to lose investment rating: S&P

As per the ratings agency Standard & Poor’s India may become the 1st BRIC country to be degraded in investment grade rating. What is the reason that might lead India loose its investment rating? Slow GDP growth and degree of ..

Month: Current Affairs - June, 2012

India, Japan to launch dialogue mechanisms on cyber, maritime security

India and Japan have agreed to launch dialogue mechanisms on cyber and maritime security. The dialogue b/w the two nations will be held at the level of foreign Ministry officials. External Affairs Minister Mr S M Krishna expressed satisfaction over ..

Month: Current Affairs - May, 2012

Need to curb paid news syndrome: CEC

Addressing the 3rd Conference of Heads of Election Management Bodies of the SAARC nations in New Delhi, the Chief Election Commissioner SY Quraishi held that practices like ‘paid news’ syndrome and use of money power have emerged as new challenges ..

Month: Current Affairs - May, 2012