Current Affair Category: International Relations

Why in News ?India has recently  lodged a strong protest with China for carrying out construction activities in the Shaksgam valley, in an “illegal” attempt to alter the situation on the ground. The Shaksgam Valley dispute is a territorial disagreement between India and China. Location: The Shaksgam Valley is a high-altitude valley located in the […]

The Cross-Border Interbank Payments System (CIPS) is a Chinese payment system launched in 2015 by the People’s Bank of China (PBOC). Here’s a breakdown of CIPS: Purpose: Facilitate cross-border transactions in Renminbi (RMB), China’s currency. This aims to internationalize the use of RMB and reduce reliance on other currencies like USD. Services: Provides clearing and […]

The International Monetary Fund (IMF) is an international organization with a mission to promote global economic stability and prosperity for its 190 member countries. The Role of the IMF: Promoting Stability: The IMF works to ensure a stable global financial system by monitoring economic and financial developments in its member countries. It identifies potential problems […]

Why in news? Delhi Lieutenant-Governor V K Saxena has recommended a National Investigation Agency (NIA) probe against jailed Delhi Chief Minister Arvind Kejriwal for allegedly receiving political funding from Sikhs for Justice (SFJ). The World Hindu Federation, a diaspora-based Hindu advocacy organisation has alleged that Kejriwal’s Aam Aadmi Party received $16 million from SFJ for […]

Why in News?  The India Employment Report 2024 was  brought out by the Institute for Human Development (IHD) and the International Labour Organisation (ILO). The unemployment rate rises with a rise in education levels ,There is  28 per cent unemployment rate among graduates and above (the proportion of women being higher). What the report says? […]

Why in News ?The Permanent Mission of India to the United Nations and the Ministry of Panchayati Raj, in collaboration with the United Nations Population Fund is organizing event titled “Localizing the SDGs. About United Nations Population Fund (UNFPA): •United Nations Population Fund (UNFPA), trust fund under the jurisdiction of the United Nations Development Programme […]

Currency carry trade is a strategy in which an investor borrows money in a currency with low interest rates and invests it in another currency with higher interest rates. The investor aims to profit from the interest rate differential between the two currencies. How it  works? Borrowing: The investor borrows money in a currency where […]

The Blue Helmets, officially known as the United Nations Peacekeeping Forces, are multinational military units operated by the United Nations. Their primary objective is to maintain or restore peace and security in areas affected by conflict or violence. The name “Blue Helmets” comes from the distinctive light blue helmets worn by UN peacekeepers. United Nations […]

The government of the United Kingdom has passed its “Rwanda Bill” — it will now become law. Under the Bill, asylum seekers deemed to have illegally entered its territories after January 1, 2022, can be sent to the African country for “processing”. Crucially, irrespective of whether an asylum seeker is found to be “genuine” or not, they […]

Why in News ? Turmoil affects the security of the large Indian diaspora based in the Gulf region and there is the additional risk of piracy and hostage-taking. ·  There is fresh concern about a potential Israeli attack on Iranian nuclear sites or high-value targets. The same is true of cyberattacks. Any attack carries the […]