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Where India, Japan ties stand now and what is planned for the future (Relevant for GS Prelims, GS Mains Paper II; IOBR)

The 13th India-Japan annual summit commenced with Prime Minister Narendra Modi and his Japanese counterpart Shinzo Abe visiting a factory of FANUC Corporation, one of the largest makers of industrial robots in the world, followed by a private dinner at Abe’s holiday home in Yamanashi prefecture. The visit to the FANUC facility was important in … Continued

Need to resolve Centre-RBI differences (Relevant for GS Prelims, GS Mains Paper III; Economics)

In a public speech Deputy Governor Viral Acharya said “Governments that do not respect central bank independence will sooner or later incur the wrath of financial markets, ignite economic fire, and come to rue the day they undermined an important regulatory institution.” Disagreements between RBI and North Block over setting benchmark interest rates have been … Continued

Union Minister Smt Harsimrat Badal inaugurates Gujarat’s first Mega Food Park in Surat; says 2nd Park in Mehsana sanctioned (Relevant for GS Prelims)

Union Minister for Food Processing Industries Smt Harsimrat Kaur Badal inaugurated the first Mega Food Park in Gujarat. Promoted by M/s Gujarat Agro Infrastructure Mega Food Park Pvt. Ltd the Park is located at Village Shah and Vasravi, Taluka Mangrol, District Surat. A 2nd Mega Food Park has been sanctioned by the Ministry in Mehsana … Continued

Churn in the Neighbourhood: Bhutan | New PM, new challenges (Relevant for GS Prelims, GS Mains paper II; Bhutan)

Druk Nyamrup Tshogpa (DNT), or Bhutan United Party, has emerged the winner in the final round of parliamentary elections in Bhutan, votes for which were cast on October 18. These parliamentary elections were the third since Bhutan transitioned to a constitutional monarchy 10 years ago. Bhutan has a two-round election system, much like France. In … Continued

Sri Lanka’s political crisis (Relevant for GS Prelims, GS Mains Paper II; IOBR)

Withdrawl from ruling coalition and alliance with opposition Sri Lankan President Maithripala Sirisena’s decision to withdraw his faction from the ruling coalition and replace Prime Minister Ranil Wickremesinghe with former President Mahinda Rajapaksa has plunged the country into a political crisis. This was further complicated, a day later, by the President’s move to suspend Parliament … Continued

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