International

At the fourth BRICS Summit in New Delhi (2012), the leaders of Brazil, Russia, India, China and South Africa considered the possibility of setting up a new Development Bank  to mobilize resources for infrastructure and sustainable development projects in BRICS  and other emerging economies, as well as in developing countries. They directed Finance  Ministers to … Read more

India’s Minister of Defence Rajnath Singh and Minister of External Affairs Dr. S. Jaishankar welcomed U.S. Secretary of State Michael R. Pompeo and Secretary of Defense Dr. Mark T. Esper to New Delhi for the third annual India-U.S. 2+2 Ministerial Dialogue. The Ministers reiterated their commitment to maintaining a free, open, inclusive, peaceful, and prosperous … Read more

On May 8, India’s defence minister virtually inaugurated a new 80 km-long road in the Himalayas, connecting to the border with China, at the Lipulekh pass. The Nepali government protested immediately, contending that the road crosses territory that it claims and accusing India of changing the status quo without diplomatic consultations. Lipulekh and Kalapani are … Read more

. Fifteen countries have formed the world's largest trading bloc, covering nearly a third of the global economy. The Regional Comprehensive Economic Partnership (RCEP) is made up of 10 Southeast Asian countries, as well as South Korea, China, Japan, Australia and New Zealand. The pact is seen as an extension of China's influence in the … Read more

  Finger 4 and finger 8: The spurs of the mountain range on the northern bank of the Pangong Tso jut towards the lake like a palm, with the protrusions looking like fingers. They are demarcated on the maps as ‘Fingers’. Fingers’ in the region refers to the spurs which extend to the banks of … Read more

Since his re-election in 2019, Prime minister Modi has pushed through a series of policies seen by many in the country as unduly targeting India’s Muslim minority, including the revocation of Muslim-majority Kashmir’s semi-autonomous status and a new citizenship act that makes it easier for adherents of most large faiths practiced in South Asia, except … Read more

The Hague Code of Conduct against Ballistic Missile Proliferation (HCOC) is the result of efforts of the international community to internationally regulate the area of ballistic missiles capable of carrying weapons of mass destruction. Along with the MTCR, the HCOC is the only multilateral transparency and confidence building instrument concerning the spread of ballistic missiles. … Read more

. The Wassenaar Arrangement has been established in order to contribute to regional and international security and stability, by promoting transparency and greater responsibility in transfers of conventional arms and dual-use goods and technologies, thus preventing destabilising accumulations. The aim is also to prevent the acquisition of these items by terrorists.  Participating States seek, through … Read more

India enjoys an important position in the global pharmaceuticals sector. It is the largest provider of generic medicines globally, occupying a 20% share in global supply by volume, and also supplies 50% of global demand for vaccines the largest in the world. India ranks 3rd worldwide for production by volume and 13th by value, thereby … Read more

Earlier, European Union represented one economic market as an economic union with free  trade with each other. The Euro zone came into existence with the signing of Maastricht  treaty signed during 1992, of a monetary union, one central bank and single currency,  replacing country specific currencies in the European Union. As a result, the Euro … Read more