WHO names the new Corona Virus: “COVID-19”

On February 11, 2020, the World Health Organization announced a new name for the Corona Virus, “COVID-19”. Today more than 42,000 are infected with the virus according to the organization. Highlights WHO has chosen the name with no reference to ..

Month: Current Affairs - February, 2020

Alphabet hits USD 1 Trillion Mark

The parent company of Google and its several subsidiaries, American multinational conglomerate- Alphabet Inc. has crossed the market valuation of USD 1 trillion mark on Thursday, 16th January 2020 as the shares of the company closed at USD 1,451.70 making ..

Month: Current Affairs - January, 2020

Pakistan Foreign Minister to US for Resolving Tensions in the Middle East

For de-escalating and resolving tensions between Washington and Tehran, a neighbor of Iran, Pakistan is trying to insert itself on a mediating role as its Foreign Minister, Shah Mehmood Qureshi will be on a two-day visit to the United States ..

Month: Current Affairs - January, 2020

Approvals related to International Relations made by the Union Cabinet on 24th December 2019

The following approvals related to International relations have been approved by the Prime Minister of India, Narendra Modi chaired Union Cabinet on Tuesday, 24th December 2019. Agreement on Security Cooperation with Saudi Arabia The agreement was signed during the visit ..

Performance of Major Economies and India’s neighbours in the UNDP Human Development Index 2019

Norway topped the ranking Index with an HDI value of 0.954 followed by Switzerland at 2nd, Ireland, Germany, Hong Kong, Australia, Iceland, Sweden making the top eight places in the index ranking respectively. Among Indian neighbours, Srilanka at 71st place, ..

8th Edition of “Ambassador’s Choice: Screening of Films” begins in Riyadh

The eighth edition of the annual film festival of Embassy’s at the capital city of Saudi Arabia, Riyadh was inaugurated in the presence of India’s Sherpa to G20, Suresh Prabhu. The twelve-day festival began on 5th December and will continue ..

What is IPO?

Initial Public Offering (IPO) is also known as a stock market launch, is the first sale of shares by a private corporation to the individual and institutional investors. Through this process, a private company becomes or transforms into a public ..

OPEC cuts production to 500,000 barrels per day

On December 6, 2019, the Organization of Petroleum Exporting Countries reached a deal deepening their output cuts. They have set the target as 500,000 barrels a day. The action is being implemented in order to eliminate surplus and bolster crude ..

Month: Current Affairs - December, 2019

Saudi Arabia First Arab nation to take over the G20 Presidency

Saudi Arabia became the first Arab nation to assume the G20 Presidency on Sunday, December 1, 2019. The G20 Presidency was taken over from Japan and will lead up to the fifteenth meeting of Group of Twenty(G20), scheduled to be ..

India First Country to make the entire process for Haj Pilgrims Digital

The Minister of Minority Affairs, Mukhtar Abbas Naqvi and Minister of Hajj and Umrah of Saudi Arabia, Dr. Mohammad Saleh bin Taher Benten have signed a bilateral agreement for the Indian Haj Pilgrims for the year 2020 on Sunday, December ..