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April 25 BACKGROUND After Pakistan supported terror groups killed 26 innocent Indians, the Indian government has taken strict action against Pakistan. It includes suspension of Indus Water Treaty as well the cancellation of Pakistani nationals’ entry in India. India has suspended fresh visa services with immediate effect. As per the government, any SAARC Visa Exemption Scheme (SVES) visas issued in the past to Pakistani nationals are deemed cancelled. Any Pakistani national currently in India under SVES visa has 48...
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January 14 Indian Stock investors are having a tough time since last few days due to frequent falling of the SENSEX and the NIFTY. Foreign Institutional Investors (FIIs) have been aggressive sellers in Indian shares for the last four months. As per data available from NSE, FIIs have net sold stocks to the tune of Rs 19,000 crore so far in January. Over the last four months, starting October 2024 they have offloaded shares worth Rs 1.97 lakh crore. But the question is why are the selling stocks? There are many reasons to...
December 24 Pakistan is a failed economy which is due to many reasons. Ever since becoming a country in 1947, none of it’s 29 Prime Ministers have completed their five year term. As a result, there is no solid economic plan and hence Pakistani economy has also been unstable. But in the last few years it’s problems have increased due to many reasons. Due to the covid pandemic, Russia Ukraine war and political instability, the inflation rate reached a record high of 38% in May 2023, and was approximately 30% as of...
June 06 PGII is an infrastructure plan which was first announced in 2021 during the G7 summit in the UK. Though the US President had earlier called it the Build Back Better World (B3W) framework, it is now known as PGII. (G7 or Group of Seven, includes the UK, the US, Canada, France, Germany, Italy, Japan, and the EU). In 2022, the PGII was officially launched as a joint initiative of G7 (during the G7 summit in Germany) to help fund infrastructure projects in developing countries through public and private...
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