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Relevance: GS 2 – Bilateral, regional and global groupings and agreements involving India and/or affecting India’s interests Why in the news? Anniversary of October 7, 2023, Hamas attack on Israel – One year since the Hamas terrorist assault on Israel, marking a significant date in the ongoing West Asia conflict. Over 41,000 deaths from Israel’s …
Read MoreWhy in the news? Domestic stock markets fell sharply due to concerns over foreign portfolio investor outflows and escalating conflicts in West Asia, impacting investor sentiment and sector performance. Market Decline Due to West Asia Tensions and FPI Concerns: Domestic stock markets fell on October 4, with Sensex dropping 808.65 points (0.98%) to 81,688.45 and …
Read MoreWhy in the news? The ongoing Iran-Israel war is disrupting supply chains, increasing freight costs, and negatively impacting exports, posing significant challenges for India’s micro, small, and medium enterprises (MSMEs). Impact of West Asia Conflict on Indian MSMEs: The escalating conflict between Iran and Israel poses challenges for India’s micro, small, and medium enterprises (MSMEs), …
Read MoreWhy in the news? Israel conducted a ground incursion into Lebanon against Hezbollah, resulting in the deaths of eight Israeli soldiers. The Israeli military reported seven soldiers killed in two separate Hezbollah attacks, along with another soldier who died earlier. Escalation of Strikes in Gaza: Israeli operations in Gaza have killed at least 51 people, …
Read MoreWhy in the news? India named an unclimbed peak in Arunachal Pradesh after the 6th Dalai Lama, sparking China’s objection, which claims the region as part of its territory. About the Successful Naming of Peak in Arunachal Pradesh: A team from the National Institute of Mountaineering and Adventure Sports (NIMAS) successfully summited a previously unclimbed …
Read MoreWhy 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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