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Monthly Archives: May 2024

India Risks US Sanctions Over Chabahar Port Deal with Iran

India Risks US Sanctions Over Chabahar Port Deal with Iran

India has signed a 10-year agreement to develop and operate Iran’s strategic Chabahar Port to strengthen trade ties with Central Asia and Afghanistan, bypassing Pakistan. However, this deal faces potential US sanctions, complicating New Delhi’s strategic objectives. Strategic Importance of Chabahar Port The Chabahar Port, located in southeastern Iran’s Sistan-Baluchestan province, is crucial for India’s …

Southwest Monsoon to Reach Kerala Around May 31

Southwest Monsoon to Reach Kerala Around May 31

The India Meteorological Department (IMD) has forecasted that the annual southwest monsoon is likely to reach Kerala around May 31, marking the onset of the rainy season in the region. This announcement comes amidst anticipation and preparation for the arrival of the monsoon across the country. Timing of Monsoon Arrival According to Mrutyunjay Mohapatra, Director …

India's Foreign Exchange Reserves Jump $2.56 Billion to $644.15 Billion

India’s Foreign Exchange Reserves Jump $2.56 Billion to $644.15 Billion

India’s foreign exchange reserves saw an increase of $2.56 billion, reaching a total of $644.15 billion for the week ended May 10, according to the Reserve Bank of India (RBI). This follows a previous increase of $3.668 billion after three consecutive weeks of decline. Foreign Currency Assets The foreign currency assets, which form a significant …

Government-Backed ONDC Attracts 10 Unicorns and 125 Startups

Government-Backed ONDC Attracts 10 Unicorns and 125 Startups

The Open Network for Digital Commerce (ONDC), backed by the government, has garnered significant interest from key players in India’s digital ecosystem. Among the 125 startups committed to the platform are renowned unicorns like Zerodha, EaseMyTrip, and Cars24, signaling a strong push towards democratizing digital commerce. Unprecedented Support At a recent event organized by the …

May, 2024 - - Part 26_8.1

International Museum Day 2024: Date, Theme, History, Significance and Celebrations

International Museum Day, celebrated annually on May 18th in the world to raise public awareness of the invaluable role museums play in preserving artistic, cultural, and historical artifacts. This day highlights the educational and cultural contributions of museums, showcasing their importance as repositories of knowledge and history. Let’s delve into the details of International Museum …

India and Britain Reaffirm Commitment to FTA at Annual Strategic Dialogue

India and Britain Reaffirm Commitment to FTA at Annual Strategic Dialogue

India and the UK have reaffirmed their commitment to concluding a mutually beneficial Free Trade Agreement (FTA) during the annual UK-India Strategic Dialogue in London. This marks a significant step as the two nations have already conducted 13 rounds of talks, with the 14th round commencing in January 2024. The discussions also reviewed progress on …

Mangalyaan-2 Unveiled: India Set to Become the Third Nation to Land on Mars

Mangalyaan-2 Unveiled: India Set to Become the Third Nation to Land on Mars

The Indian Space Research Organisation (ISRO) is gearing up for a landmark mission that aims to land a rover and helicopter on Mars. This historic endeavor, named Mangalyaan-2, seeks to place India alongside the US and China as a significant player in interplanetary exploration. The project was unveiled during a presentation at the Space Application …

India, UAE Conclude Meeting on India-Middle East-Europe Economic Corridor

India, UAE Conclude Meeting on India-Middle East-Europe Economic Corridor

India and the UAE recently concluded a significant meeting focused on the India-Middle East-Europe Economic Corridor (IMEEC). The meeting, held under the Intergovernmental Framework Agreement, aimed at enhancing cooperation for the development and operationalization of the corridor. This initiative is set to provide alternative supply routes, generating efficiencies and reducing costs. Key Discussions and Visits …

Smallest Planet in our solar system

The Smallest Planet In Our Solar System, Check Complete Details

Smallest Planet in our Solar System Mercury, among the diverse celestial bodies in our solar system, captures attention as the most intriguing due to its diminutive size. With a primary radius of only 2,440 kilometers, Mercury holds the distinction of being the smallest planet in our solar system. This article will explore the unique characteristics …