International

India and Australia have signed a historic interim Economic Cooperation And Trade Agreement (INDAUS ECTA), which will give a fillip to India’s exports in the textiles, leather, gems, and jwellery sector Down Under. For India, the ECTA with Australia is the first agreement with a large developed economy of the world after more than a … Read more

The economic and strategic significance of the Bay of Bengal is growing rapidly with a re-emergence of the idea of the ‘Indo-Pacific’ region.  The recently held fifth summit of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) has advanced the cause of regional cooperation and integration. As the BIMSTEC turns 25 … Read more

The Chinese Civil War was fought between forces loyal to the Kuomintang-led government of the Republic of China, and forces loyal to the Communist Party of China (CPC). The war began in August 1927, with Chiang Kai-Shek’s Northern Expedition, and essentially ended when major active battles ceased in 1950. The conflict eventually resulted in two … Read more

The weaponization of trade, the imposition of sanctions and the exclusion from SWIFT (Society for Worldwide Interbank Financial Telecommunication) by the US could trigger a faster de-dollarisation as countries displaying diplomatic and economic autonomy will be wary of using US-dominated global banking systems. The US dollar, which is the world’s reserve currency, can see a … Read more

The Sri Lankan economy has been facing a crisis owing to a serious Balance of Payments (BoP) problem. Its foreign exchange reserves are depleting rapidly and it is becoming increasingly difficult for the country to import essential consumption goods.  The current Sri Lankan economic crisis is the product of the historical imbalances in the economic … Read more

The Berlin Wall was a barrier that existed from 1961 through 1989, constructed by the German Democratic Republic (GDR, East Germany). Fall of the Berlin Wall (1989) is a major event in European History. The policies of restructuring and openness initiated by Soviet leader Mikhail Gorbachev paved way for the destruction of the symbolic physical … Read more

The Indus River basin has six rivers- Indus, Jhelum, Chenab, Ravi, Beas and Sutlej; originating from Tibet and flowing through the Himalayan ranges to enter Pakistan, ending in the south of Karachi. In 1947, the line of partition, aside from delineating geographical boundaries for India and Pakistan, also cut the Indus River system into two. … Read more

India has embarked on a new journey a new free trade agreement (FTA) journey to be precise with renewed zeal and vigour. INDIA and the United Arab Emirates (UAE) signed a Free Trade Agreement (FTA), which is set to reduce tariffs for 80 per cent of goods and give zero duty access to 90 per … Read more

Recently, Philippines signed a $374.96 million deal with BrahMos Aerospace Pvt. Ltd. for the supply of shore based anti-ship variant of the BrahMos supersonic cruise missile. This is the first export order for the missile which is a joint product between India and Russia and also the biggest defence export contract of the country. This … Read more