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Why in the news? The Indian oil companies face difficulties repatriating $900 million in dividends from Russian projects due to Western sanctions, creating challenges in global payment systems and investments. Issue of Stuck Dividends in Russia: Indian oil PSUs (ONGC Videsh, Oil India, IOC, and BPRL) are unable to repatriate $900 million in dividends from …
Read MoreSyllabus : GS 2 : India’s Bilateral and multilateral relations and its significance Developments involving India and affecting India’s relation. Focus: India-US relations are in focus due to Prime Minister Narendra Modi’s recent visit to the United States. This visit seeks to strengthen bilateral ties, discuss economic cooperation, counter China’s influence, and enhance strategic defense …
Read MoreWhy in the news? External Affairs Minister S. Jaishankar announced that around 75% of disengagement issues at the Line of Actual Control (LAC) with China have been resolved. The statement was made during a speech at the Global Centre for Security Policy in Geneva. Impact of Galwan Valley Clash: External Affairs Minister S. Jaishankar highlighted …
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