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 ..

Month: Current Affairs - July, 2020

20th June: World Refugee Day

To honor refugees across the globe, the United Nations designated 20th June to be observed as World Refugee Day in its Resolution 55/76 on  4th December 2000. The first World Refugee Day was observed on 20th June 2001. The theme ..

Month: Current Affairs - June, 2020

NAM Ministerial Meeting held in Caracas, Venezuela

Ministerial meeting of Coordinating Bureau of Non-Aligned Movement (NAM) was held in Caracas, capital of Venezuela. Theme for 2019 Meet was- Promotion and Consolidation of Peace through Respect for International Law. Since 2016 Venezuela has held the presidency of NAM ..

Month: Current Affairs - July, 2019

IMD World Competitiveness Rankings 2019

The IMD World Competitiveness Rankings are released by the IMD Business School evaluate countries on their ability to foster an environment where enterprises can achieve sustainable growth, generate jobs and increase welfare for its citizens. It takes into account 235 ..

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

Venezuela: Guaido stripped off immunity

The legislators of Venezuela has stripped off Juan Guaido of the immunity thus giving way to the prosecution of the leader of the opposition and also his potential arrest. He is accused of violation of the Constitution when he had ..

Venezuela blacks out again

For the third consecutive day starting from Friday, power went out across Venezuela. Though some power returned by noon, most of the country was still in dark. Many began to protest against the President Maduro, hi they consider is responsible ..

Trends in International Arms Transfers 2018 Report: Key Facts

The Stockholm International Peace Research Institute (SIPRI) has released the Trends in International Arms Transfers 2018 Report. The Key observations made in the report include: Russia’s arms export to India decreased by a whopping 42 per cent between 2014-18 and ..

Month: Current Affairs - March, 2019

Venezuela Crisis

The Venezuela crisis is deepening with passing time. European Union, Australia, US, New Zealand have recognised Juan Guaidó, the opposition leader as the president. Juan Guaidó, the opposition leader, has said that President Nicolás Maduro is illegitimate and has asserted ..

Month: Current Affairs - February, 2019

Nicolas Maduro sworn-in as new President of Venezuela

Nicolas Maduro has been sworn-in for a second term as Venezuela’s president on 10th January 2019, despite international criticism that his re-election was illegitimate. The result was denounced as fraudulent by many neighbouring countries, including Argentina, Mexico, Chile, Colombia, Brazil, ..