India-International Affairs Current Affairs

India signs Agreement to provide $318 million Line of Credit to Sri Lanka

India has signed an agreement with Sri Lanka to provide USD 318 million as line of credit for developing Sri Lanka’s railway sector. The agreement was signed between Sri Lanka’s Ministry of Finance and Mass media, and Managing Director of India’s Export Import Bank in Colombo. Background In 2015, during the visit of Prime Minister Narendra Read More…

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India, Thailand ink MoU on Double Taxation Avoidance Treaty

India and Thailand signed a Memorandum of Understanding (MoU) on double taxation avoidance treaty (DTAT). The MoU was signed during 7th meeting of the India-Thailand Joint Commission for Bilateral Cooperation co-chaired by External Affairs Minister Sushma Swaraj. Apart from DTAT, both nations signed and exchanged instruments of ratification on the extradition treaty inked in 2013. Read More…

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India inks landmark MVA with Bhutan, Bangladesh and Nepal

Bangladesh, Bhutan, India and Nepal (BBIN) have inked a Motor Vehicles Agreement (MVA) for the regulation of passenger, personnel and cargo vehicular traffic for the economic benefit of the entire region. On behalf of India, the agreement was signed by Union Minister of Road Transport & Highways and Shipping, Nitin Gadkari in Thimpu, Bhutan. Key Read More…

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Over next 5 years, China will invest nearly $100 billion in India

On September 17, 2014 i.e. PM Modi’s Birthday, the Chinese president Xi Jinping will land in Gujarat and will carry besides him $100 billion or Rs 6 lakh crore of investment promises over 5 years through his forthcoming India visit. This is approximately thrice the $35 billion locked by Prime Minister Narendra Modi during his Read More…

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Nagoya Protocol gets 50th Instrument of Ratification

The Nagoya Protocol has received the required 50th instrument of ratification on July 14, 2014. India, having hosted CoP-11 to the Convention on Biodiversity (CBD) in Hyderabad in October 2012, is currently the President of CoP till CoP-12 to be held in Pyeongchang, South Korea in October 2014. The Protocol on access and benefit sharing will Read More…

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India launches “Mahatma Gandhi Pravasi Suraksha Yojana” Scheme in UAE

India’s Ministry of Overseas Indian Affairs (MOIA) in a tie-up with Alankit Assignments launched “Mahatma Gandhi Pravasi Suraksha Yojana” Scheme in UAE. The implementation of this scheme will be facilitated by the UAE Exchange.It is intended to introduce its services to all 17 ECR countries that include the Gulf Cooperation Council (GCC) countries and Malaysia. [icon Read More…

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