Tag International

New Development Bank

• India has welcomed Egypt as the fourth new member of BRICS New Development Bank that was established by the BRICS countries six years ago. About: • Bangladesh, UAE, and Uruguay joined in September 2021. Membership expansion enables New Development…

Global Corporate Tax

• Recently, the heads of the world’s major economies—the Group of 20 (G20) nations has approved a new global minimum corporate tax. • The deal, announced at the G20 summit in Rome, Italy, is “historic” since this is the first…

Order of the Druk Gyalpo

• The King of Bhutan, His Majesty Jigme Khesar Namgyel Wangchuck, conferred its highest civilian award, the Order of the Druk Gyalpo, on Prime Minister, Shri Narendra Modi on the occasion of the country’s National Day. About: • This would…

Balkrishna Doshi

• Balkrishna Doshi, the most defining architect of post-independent India, won the Royal Gold Medal 2022 in recognition of his lifetime work of over seven decades as a thinker, architect and academic. The award, instituted by the UK’s Royal Institute…

Global Innovation Index

• The Global Innovation Index 2021 was released recently. About the Index: • Global Innovation Index (GII) is co-published annually by Cornell University, INSEAD Business School, and the World Intellectual Property Organization (WIPO), a specialized agency of the United Nations.…

Reliance and Aramco Deal

• Reliance Industries Ltd and Saudi Arabia’s national oil company, Saudi Aramco, have decided to “re-evaluate” a proposed investment by the latter in RIL’s oil to chemicals (O2C) business. What was the proposed investment? • In August 2019, RIL and…

Chicago Convention

• A 3 hours 45 minutes flight from Srinagar to Sharjah that was launched last month flew a longer route, adding around 40 minutes to its flight time for the first time on November 2. About: • This was because…

Sudan

• Members of Sudan’s cabinet and a large number of pro-government party leaders were arrested in an apparent coup after weeks of tension between the military and a civilian government. Who is in charge in Sudan? • Sudan began a…

Sakharov Prize

• Imprisoned Russian Opposition leader Alexei Navalny was awarded the European Union’s top human rights prize in a clear slap to President Vladimir Putin. About: • The Sakharov Prize for Freedom of Thought, commonly known as the Sakharov Prize, is…

Abraham Accords

• On 18 October, 2021, the foreign ministers of the United States, India, Israel, and UAE met virtually to enhance cooperation and partnerships between these states on the back of the Abraham Accords, signed in 2020, normalising relations between Israel…

Earthshot Prize

• Dubbed as the “Eco Oscars”, The Earthshot Prize is an award set up by Prince William and the Royal Foundation, the charity founded by the Duke and Duchess of Cambridge, and historian David Attenborough to honour five finalists between…