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Why in the News? China has reduced agricultural imports from the US, focusing on self-sufficiency and diversifying suppliers. This shift may pressure India to open its market to US farm produce amid changing global trade dynamics. Escalation of Trade War : The US imposed a 25% tariff on imports from China, with no exemptions, unlike …
Read MoreWhy in the News? Amid global supply chain disruptions, Sudan’s dominant gum Arabic exports face challenges, impacting industries like food, pharmaceuticals, and cosmetics that rely on this key emulsifier, stabilizer, and binding agent. About Origin and Global Production: Gum Arabic is a dried, water-soluble exudate mainly obtained from two acacia species—Acacia senegal and Acacia seyal. …
Read MoreSyllabus: GS-2: Bilateral Groupings & Agreements , Effect of Policies & Politics of Countries on India’s Interests , Indian Diaspora ,Groupings & Agreements Involving India and/or Affecting India’s Interests Focus: Indonesia’s President Prabowo Subianto recently attended India’s 76th Republic Day celebrations as the chief guest, highlighting the deepening partnership between the two nations. Their collaboration …
Read MoreWhy in the news? The Indian rupee breached the Rs 85 mark against the US dollar due to trade imbalances, inflation disparity, and investors pulling out funds from India. Why is the Rupee Weakening? Trade Imbalance: If India imports more from the US than it exports, demand for the US dollar increases, causing the rupee …
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