Recently, the 32nd edition of India-Thailand Coordinated Patrol (Indo-Thai CORPAT) between the Indian Navy and the Royal Thai Navy was conducted. Important points: India and Thailand have been carrying out CORPAT along their International Maritime Boundary Line twice a year since 2005. Indian Naval Ship (INS) Karmuk, an indigenously built …

The sixth edition of the Indo-French Shakti 2021 (bilateral joint training exercise), will be conducted in November in Frejus, France. From the Indian side, a platoon strength of a Gorkha Rifles Infantry Battalion will participate in the exercise. Important points: It will focus on Counter Terrorism operations in backdrop of …

Forces from the United Arab Emirates, Bahrain, Israel and the United States Naval Forces Central Command (NAVCENT) began a multilateral maritime security operations exercise in the Red Sea. This is the first publicly acknowledged naval exercise between the United States, Israel and the two Gulf countries. Important points: The UAE …

A new study has suggested that the earliest continental landmass emerged 3.2 billion year ago instead of 2.5 billion years ago (as per the continental drift theory). The study was conducted by researchers from India, Australia and the US. Continental Drift Theory Continental drift theory deals with the distribution of …

According to a recent report by British brokerage Barclays, India’s trade deficit has been jumping continuously since July 2021. The widening Current Account Deficit (CAD) is driven by the massive spike in commodity prices led by crude oil. The CAD is expected to reach $45 billion or 1.4% of GDP …

Recently, the Prime Minister has launched the Reserve Bank of India (RBI)- Retail Direct Scheme to open up the Government bond market for the retail investors. Important points: In February 2021, RBI proposed to allow retail investors to open gilt accounts with the central bank to invest in Government securities …