India: GK, Current Affairs, Questions, Trivia and News

India announces Financial Assistance Package for Maldives

The Government of India has decided to grant a substantial financial package to the Maldives in order to enable it to tide over the economic crisis it is facing due to the shortage in the tourist footfall due to the COVID 19 pandemic. India has already extended assistance of $400 million through extended currency swap ..

Oil Imports Fall to the Lowest in 9 years in June

India’s oil imports fell to the lowest levels in nearly 9 years in June 2020 since refiners curbed purchase of oil due to maintenance issues and weaker demands for fuel. This is the lowest level of imports to India since 2011. India is the third-largest oil consumer and importer in India and it received 3.2 ..

India-EU Scientific and Technological Cooperation Agreement Renewed till 2025

India and the European Union have renewed its agreement on Scientific and Technological Cooperation for a period of the next five years (2020-2025) and this has been done now by the exchange of Note Verbale between two sides. The initial agreement was signed in 2001 and has been renewed since then twice. Details of the ..

Bangladesh inaugurates India-funded Science Block in Chittagong College

The Information Minister of Bangladesh and the Indian High Commissioner have inaugurated the new science block at the Alipur Rahamania College in Chittagong in Bangladesh. The science block has been constructed under the High Impact Community Development Project funded by India at the cost of 51.43 lakh takas. The block has been inaugurated through video ..

$1 Million Medical Assistance Provided by India to North Korea

India has extended medical assistance worth about $1 million to North Korea in response to a request from the World Health Organization. India is sensitive to the shortage of medical supply situation in the country and that is why it decided to grant humanitarian assistance of $1 million in the form or anti-tuberculosis medicines to ..

First Container Train for Bangladesh Started

Though the process for facilitating the movement of container trains from India to Bangladesh started in 2017, the first such train has been flagged off after the approval accorded by the Bangladesh Government, through the Benapole-Petrapole rail link between the two countries. In this regard, an MoU was signed by Container Corporation of India and ..

India-UK Joint Economic and Trade Committee Meeting: Highlights

The 14th Edition of the Joint Economic and Trade Committee Meeting between India and the UK took place on July 25 in the virtual mode and the main point of discussion was the trade relationship between the two countries. Both the countries decided to work on an enhanced trade partnership that could be a pathway ..

The World Investment Report 2020

In the post-pandemic period, a lower but positive economic growth will be seen in India, and India’s large market will continue to attract market-seeking investments. this according to The World Investment Report 2020 by UN Conference on Trade and Development (UNCTAD). The Global FDI flows may decrease by up to 40 percent in 2020, from ..