Yearly Archives: 2023

AMENDMENT TO 1960 INDUS PACT

India announced on Friday that it wants to modify the 62-year-old Indus Waters Treaty (IWT) with Pakistan, citing what it called Pakistan’s “intransigence” in resolving disputes over the Kishenganga and Ratle hydropower projects, both in Jammu and Kashmir. India also protested Pakistan’s “unilateral” decision to approach a court of arbitration …

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THE NATIONAL MISSION FOR A GREEN INDIA

India is lagging behind in the targets to increase the number and quality of tree- and forest-cover plantations set in the Green India Mission, according to data accessed through the Right to Information (RTI) Act. The National Mission for a Green India (GIM) is one of the eight missions under …

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UP TO 1.2 LAKH TECH STAFF MAY FACE LAYOFFS IN INDIA’

Indian technology services firms are currently encountering a ‘problem of plenty’ with staff and may lay off anywhere between 80,000 and 1,20,000 people over the next two quarters, as per HR sources. Google — whose products allow it access to industry insights and market visibility — announcing plans to lay …

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THE NEXT LEG OF THE RUSSIA-UKRAINE WAR

As Russia’s Ukraine invasion enters its 12th month, all sides are gearing up for a major escalation in the conflict. Russia, which suffered some setbacks last year after its initial thrust into Ukraine, is trying to build battlefield momentum with minor advances. Ukraine, whose troops are struggling to defend the …

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INDIA AND EGYPT -‘STRATEGIC PARTNERSHIP’

India and Egypt agreed on Wednesday to elevate their bilateral ties to a ‘strategic partnership’ that covers political, security, defence, energy and economic linkages. Welcoming Egyptian President Abdel Fattah El-Sisi, who will be the chief guest at the Republic Day celebrations on Thursday, Prime Minister Narendra Modi said the abuse …

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CONTESTING THE HEGEMONY OF THE DOLLAR

The fact that the multipolar international system is fast unfolding is reinforced by clear trends in polycentric global geoeconomics. There is significant trade within the Global South; currency swap agreements; trade in national currencies bypassing the dollar; steps towards trading oil and gas in national currencies; the promotion of such …

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TORPEDOING A SUBMARINE RUMOUR

Speculation abounds that the Indian Navy could cancel Project-75 India (I)-class for submarine production and instead acquire more Scorpene (Kalvari class) submarines — the fifth submarine from this class, INS Vagir, was commissioned into the Navy on January 23. A media report last week claimed that the Navy, faced with …

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