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Daily Archives: January 21, 2025

Panama Canal- Controversy, History and Ownership

Panama Canal- Controversy, History and Ownership

The Panama Canal, one of the world’s most strategic waterways, has been a focal point of controversy for decades. Its importance in global trade and geopolitics has led to disputes over control, management, and environmental impact. The canal has also faced criticism regarding its role in exacerbating socio-economic inequalities in Panama. Panama Canal Controversy Environmental …

Current Affairs in Short (22nd January 2025)

Daily Current Affairs in Short (22nd January 2025)

National News GOI Launches ‘Entity Locker’: The government introduced Entity Locker, a digital platform for efficient management and verification of business documents, inspired by DigiLocker. राष्ट्रीय समाचार GOI ने लॉन्च किया ‘एंटिटी लॉकर’: सरकार ने डिजीलॉकर से प्रेरित होकर व्यवसायिक दस्तावेजों के प्रबंधन और सत्यापन के लिए एंटिटी लॉकर नामक डिजिटल प्लेटफॉर्म लॉन्च किया। International …

Forbes Billionaires List 2025- World’s Richest People

Forbes Billionaires List 2025- World’s Richest People

World’s Top 10 Richest People in 2025: Global business leaders and entrepreneurs have experienced an extraordinary rise in wealth, significantly increasing their net worth through innovation and strategic foresight. According to Forbes’ latest rankings, Elon Musk has begun 2025 at the pinnacle of wealth, ranking as the world’s richest person, with a net worth of …

Top-10 Poorest Countries in the World 2025 by GDP Per Capita PPP

Top-10 Poorest Countries in the World 2025 by GDP Per Capita PPP

Poverty remains a serious challenge for many countries around the world. GDP per capita based on Purchasing Power Parity (PPP) shows how much money people in a country earn while considering the cost of living. In 2025, several nations face extreme poverty due to factors like conflict, poor infrastructure, and dependence on agriculture. This article …

India Tests 'Bhargavastra' Micro-Missile for Countering Drone Swarms

India Tests ‘Bhargavastra’ Micro-Missile for Countering Drone Swarms

India has successfully tested its first indigenous micro-missile system, ‘Bhargavastra,’ designed to counter swarm drone threats. This development marks a significant milestone in enhancing the nation’s defense capabilities against emerging aerial threats. Key Features of the Bhargavastra Micro-Missile System Detection and Neutralization: Capable of detecting small aerial vehicles at distances exceeding 6 km and neutralizing …

Alok Kumar Agarwal Appointed CEO of Zurich Kotak General Insurance

Alok Kumar Agarwal Appointed CEO of Zurich Kotak General Insurance

Alok Kumar Agarwal has been appointed as the Managing Director and Chief Executive Officer of Zurich Kotak General Insurance, effective January 1, 2025. He succeeds Suresh Agarwal in this role. Professional Background Prior to this appointment, Agarwal spent 22 years at ICICI Lombard General Insurance, holding various leadership positions across corporate, SME, government, rural, crop, …

Sanjiv Ranjan Appointed as Secretary General of Indian Ocean Rim Association

Sanjiv Ranjan Appointed as Secretary General of Indian Ocean Rim Association

On December 30, 2024, the Ministry of External Affairs announced the appointment of Shri Sanjiv Ranjan as the next Secretary General of the Indian Ocean Rim Association (IORA). A seasoned diplomat from the 1993 batch of the Indian Foreign Service, Shri Ranjan is set to assume his new role shortly. About the Indian Ocean Rim …

INS Mumbai Joins La Perouse 2025

INS Mumbai Joins La Perouse 2025

The Indian Navy’s guided-missile destroyer, INS Mumbai, is actively participating in the fourth edition of the multinational exercise La Perouse, which commenced on January 16, 2025. This exercise involves nine nations and is being conducted in the strategic waterways of the Malacca, Sunda, and Lombok straits, vital corridors for global maritime trade. Exercise Objectives and …

Russia and Iran Forge Comprehensive Strategic Partnership

Russia and Iran Forge Comprehensive Strategic Partnership

On January 17, 2025, Russian President Vladimir Putin and Iranian President Masoud Pezeshkian signed a 20-year “Comprehensive Strategic Partnership Treaty” in Moscow, aiming to bolster bilateral relations across various sectors. Key Provisions of the Treaty Economic Cooperation: The agreement seeks to enhance trade and economic ties, with bilateral trade having risen by 15.5% to $3.77 …