United States Current Affairs - 2020

US blocks key exports from China

Amid global lock down due to COVID-19 and economic tensions between US and China, The US is working towards blocking exports of core products from the China’s Xinjiang region. What all products will be banned? Amid growing tensions between the world’s two largest economy, U.S. Customs and Border Protection officials while preparing order to block presented Read More…

DAC on talks to acquire ‘Raven’ and ‘Spike Firefly’ for the Indian Army

Talks on sharpening the infantry of the Indian Army continues as the Defence Acquisition Council (DAC) is likely to acquire the remotely controlled unmanned aerial vehicle- Raven from the United States and Israel’s Spike Firefly. As per media reports, procurement of 200 pieces of AeroVironment RQ-11 Raven and talks for purchase of Israeli flying ammunition- Read More…

United States continues to be the Top Trading Partner of India in 2019-20

As per the data from the Union Ministry of Commerce and Industry, the United States remains as the top trading partner of India during the Financial Year 2019-20. This is the second consecutive Financial Year that the United States has become the top trading partner of India (in Financial Year 2018-19 United States surpassed the Read More…

Qualcomm becomes 12th Foreign Investor in Jio Platforms in Last Three Months

The United States-based Multinational Corporation-Qualcomm has informed on 12th July 2020 that it has invested Rs 730 crore in Reliance Industries’ subsidiary company- Jio Platforms. Rs 730 crore of investment will translate to 0.15 percent of an equity stake for Qualcomm in Jio Platforms. In a matter of 12 weeks since 22nd April 2020, this Read More…

India ranked 34th in JLL and LaSalle’s biennial GRETI

Sustainability Initiatives and regulatory reforms have enhanced higher levels of transparency in the real estate industry of India as a result of which India improved its ranking to 34th place in the biennial Global Real Estate Transparency Index (GRETI). GRETI The Index GRETI has set a unique benchmark in terms of transparency in the real Read More…