INDIA & WORLD
Russia to lease another nuclear-powered submarine to India
Russia has quietly signed an agreement with India to lease out a second Russian Akula-2 class nuclear-powered submarine to the Indian Navy. The attack submarine will arrive in Indian waters in 2020-21. The lease agreement was signed between PM Narendra Modi and Russian President Vladimir Putin during the BRICS Summit in Goa.
BRICS to set up credit rating agency
The five-nation group of emerging economies BRICS has agreed to set up an independent BRICS Rating Agency in its efforts to challenge western hegemony in the world of finance. It was announced during the 8th BRICS summit held in Goa, India. BRICS comprises five emerging economies – Brazil, Russia, India, China and South Africa. The BRICS Rating Agency will be based on market-oriented principles to strengthen the global governance architecture. It will be launched as per the shared vision of the BRICS nations for institution-building to transform global financial architecture based on the principles of fairness and equity. It will assist BRICS and other countries to rate infrastructure and sustainable projects in the emerging economies. Thus, it will further bridge the gap in global financial architecture.
India, Russia sign 16 agreements across diverse sectors
“India and Russia have signed 16 agreements across diverse sectors including in defence, infrastructure, energy, space, ship building sectors etc. They were signed following delegation-level talks co-chaired by Prime Minister Narendra Modi and Russian President Vladimir Putin during the 17th India-Russia Annual Bilateral Summit in Goa.“Some of the signed agreements are:“1. Agreement on cooperation in International Information Security.“2. MoU for expansion of bilateral trade and economic cooperation.“3. Shareholder agreement for establishing a Joint Venture to manufacture Ka-226T helicopter in India.“4. MoU for developing smart cities in Andhra Pradesh and Haryana.“5. MoU for setting up an investment fund of $1 billion by the National Investment and Infrastructure Fund (NIIF) and the Russian Direct Investment Fund (RDIF).”
Global hunger index – 2016
India ranked 97th out of 118 countries on the International Food Policy Research Institute’s (IFPRI) Global Hunger Index (GHI) in 2016, behind Nepal, Sri Lanka, Bangladesh, among others, but ahead of Pakistan and three other Asian countries. It was positioned at 80 out of 104 countries the previous year. The Global Hunger Index (GHI) is a multidimensional statistical tool used to describe the state of countries’ hunger situation. It descrebes India’s hunger situation as “serious.” On a 0-100 point scale with 100 being the absolute worst in hunger levels, India scored 28.5 – a marginal improvement of a quarter point since the turn of the century. But with the country all set to be the most populaous in the world in the next 10-odd years, the improvement may well reverse.
Pakistan announces postponement of 19th SAARC Summit in Islamabad
Pakistan has postponed the 19th South Asian Association for Regional Cooperation (SAARC) Summit after India and four other countries announced to boycott the Summit. The summit was schedule to be held on November 9th and 10th, 2016 in Islamabad, capital city of Pakistan. Besides, it was also announced that new set of dates for holding the summit at Islamabad will be announced soon by Nepal, the Chair of SAARC. Pakistan’s decision is a boost for India’s diplomatic efforts to corner Pakistan over the terror attack at Uri.
IGI becomes Asia-Pacific’s first carbon neutral airport
The Indira Gandhi International (IGI) Airport has become Asia-Pacific’s only and one of the world’s few airports to achieve a carbon neutral status. The announcement in this regard was made by the Airports Council International (ACI) during the Airport Carbon Accreditation certificate presentation ceremony to IGI in Montreal, Canada. The Airport Carbon Accreditation certificated has upgraded the IGI airport’s status to “Level 3+, Neutrality,” the highest level for airports across the world. Less than 25 airports in the world and most of them are located in Europe, have earned this carbon neutral status.
India will not attend SAARC Summit in Islamabad MEA
India will not take part in the South Asian Association for Regional Cooperation (SAARC) summit in Islamabad (Pakistan) to be held in November 2016. This decision was taken in view of the continuous cross border terrorism by Pakistan which has created environment which is not conducive to successful holding of Summit. In this regard, the Union Ministry of External Affairs (MEA) has conveyed to current SAARC Chair Nepal. Besides, Afghanistan, Bangladesh and Bhutan also have conveyed their reservation about attending the Summit. Increasing cross-border terrorist attacks in the region and Growing interference in internal affairs of member states by one country (not naming Pakistan).
India, US Joint Military Training Exercise Yudh Abhyas 2016 concludes
India and United States (US) Joint Military Training Exercise Yudh Abhyas 2016 concluded at the Chaubattia Military Station in Ranikhet, Uttarakhand. The bilateral military exercise was the twelfth edition in the YudhAbhyas series which started in the year 2004 under US Army Pacific Partnership Program. This was the third time the exercise is being conducted at Chaubattia in Uttarakhand. The YudhAbhyas 2016 aimed at strengthening and broadening the inter-operability and cooperation between the Indian and US armies. It had witnessed Field Training Exercises of Brigade Headquarter based Command Post Exercise and also discussions on issues of mutual interest by experts of both countries.
India, Russia begin joint military exercise in Vladivostok
The 8th edition of the Indo-Russia joint military exercise ‘Indra 2016’ was flagged off in Vladivostok in Russia. Indra, a portmanteau of the names of both the countries, is a biannual exercise which has been carried out between the two allies since 2003. This year, the focus is on Counterterrorism Operations in Semi Mountainous and Jungle Terrain under United Nations Mandate. Interestingly though, Russian troops arrived in Pakistan the same day for the first-ever Pakistan-Russia joint military exercise dubbed “Friendship-2016″.
India, France ink deal for 36 Rafale fighter jets
The Union government has cleared the deal with France for buying 36 Rafale fighter jets in fly away condition at a cost of €7.878 billion. The deal will be signed, in the presence of French Defence Minister Jean Yves Le Drian. The contract for the deal was cleared by the Cabinet Committee on Security earlier. The price was fixed in May. The government also cleared the Inter-Governmental Agreement.
Read more: Current Affairs Oct 2016 Study Material | FreeJobAlert.com http://currentaffairs.freejobalert.com/oct-2016-current-affairs-study-material/14175/#ixzz5TLpB50Mm
No comments:
Post a Comment