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NEW TRADE PACT A WIN-WIN FOR INDIA AND U.K. Syllabus: GS 2: Effects of policies and politics of countries on India’s interest. Groupings and agreements involving India and/or affecting India’s interests. Why in the News? The India–United Kingdom Comprehensive Economic and Trade Agreement (CETA) came into force on 15 July 2026, marking a major milestone …
Read MoreSTRAIT OF HORMUZ CLOSURE: IMPLICATIONS FOR ENERGY MARKETS Why in the News? Iranian motion: Iran’s parliament approved a motion calling for closure of the Strait of Hormuz following US airstrikes on Iranian nuclear sites. Global concern: The move threatens a vital energy transit route, raising fears of oil and gas supply disruption globally and for …
Read MoreWhy in the news? India’s manufacturing sector growth eased in May for the second consecutive month but remained in expansion mode, with the HSBC India Manufacturing PMI falling from 58.8 in April to 57.5, signaling a slower but substantial improvement. Global sales surged to the strongest level in over 13 years, indicating robust demand, despite …
Read MoreWhy in the news? IRDAI permits general insurers to modify policy wordings, excluding motor third parties, aiming for customization and customer-centricity. source:scribd About the IRDAI’s Policy Change: The Insurance Regulatory and Development Authority of India (IRDAI) allows general insurers to alter wordings in corporate policy documents, excluding motor third parties. Changes include terms, conditions, clauses, …
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