India: Import of Crude from Iran and Chabahar Port Development

The sanctions waiver from the US has curtailed the Indian crude imports from Iran. But the fact that Iran was an important supplier of crude to India cannot be sidelined because: Iran is India’s third-largest oil supplier behind Iraq and ..

Iraq remains India’s top supplier of Crude Oil in 2019

According to data released by Directorate General of Commercial Intelligence and Statistics (DGCI&S), Iraq remains India’s top crude oil supplier for second year in a row. Key Highlights of India’s Oil import Data India is world’s third largest importer of ..

Month: Current Affairs - May, 2019

SIPRI Report: India is world’s 4th biggest military spender

According to new data think tank Stockholm International Peace Research Institute (SIPRI), India was the world’s 4th biggest military spender in 2018 behind the United States, China, and Saudi Arabia. India was the fifth largest military spender in 2017. China ..

United States biggest spender on military expenditure in 2018

According to latest data released by global think-tank Stockholm International Peace Research Institute (SIPRI), the total world military expenditure rose by 2.6% to $1,822 billion in 2018. As per new data, the United States is the world’s largest spender on ..

India to stop Importing Crude Oil from Iran

In the backdrop of the US refusal to extend the sanctions waiver for India to import crude from Iran, the Ministry of Petroleum and Natural Gas has taken steps necessary steps to end the imports from Iran. Even though India ..

Month: Current Affairs - April, 2019

US to End Sanctions Waivers to India

Reports suggest that the US could terminate the sanctions waivers it granted to some importers of Iranian oil after it re-imposed sanctions on Iran last year. Ending of Sanction Waiver Reports indicate that the US has already communicated to seven ..

Month: Current Affairs - April, 2019

Saudi Arabia to host G20 Summit in 2020

Saudi Arabia will host the 15th edition of G20 summit in its capital Riyadh, which is scheduled to be held on November 21-22, 2020. This would be the first G20 summit to be hosted by an Arab country. The summit’s ..

President Trump vetoes Bill to end U.S. support for Yemen War

President Donald Trump has vetoed the resolution from the US Congress which directed him to end U.S. support for the civil war in Yemen. Why the President has vetoed the Congress Resolution? President trump has stated the following reasons for vetoing ..

Month: Current Affairs - April, 2019

Health Ministry Urged to Frame Law to Ban Manufacture, Sale of e-cigarettes

The Ministry of Commerce and Industries has urged the Health Ministry to frame law banning manufacture and sale of e-cigarettes in the country as in the absence of the domestic legislation, it would not be possible to put a blanket ..

Month: Current Affairs - April, 2019

PM Narendra Modi Honoured with Order of St Andrew the Apostle

Russia has awarded PM Narendra Modi with ‘Order of St Andrew the Apostle’ to PM Narendra Modi for promoting the bilateral special and privileged strategic partnership. The statement by the Russian Government has stated that Prime Minister of India Narendra ..