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Welcome to the Current Affairs Section.

Welcome to the Current Affairs Section of BSC Academy. Get Daily & Latest Current Affairs 2021 for government job exams, UPSC, IAS/PCS, Banking, IBPS, SBI, RBI, SSC, Railway, UPPSC, BPSC, MPPSC, MPSC, KPSC, TNPSC, RPSC, UKPSC, APPSC and other competitive exams.

Trending Current Affairs

Finance Minister Nirmala Sitharaman holds meeting with IMF chief, discusses impact of price rise

Sunday March 13, 2022

Finance Minister Nirmala Sitharaman held a virtual meeting with International Monetary Fund (IMF) Managing Director Kristalina Georgieva and discussed various issues, including the impact of rising commodity prices on world economy.

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India, Canada to re-launch FTA negotiations to unlock full potential of bilateral trade

Sunday March 13, 2022

India and Canada agreed to formally re-launch the negotiations for a proposed free trade agreement, which aims at boosting economic ties between the two countries.

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India, Canada to re-launch FTA negotiations to unlock full potential of bilateral trade

India and Canada agreed to formally re-launch the negotiations for a proposed free trade agreement, which aims at boosting economic ties between the two countries.

This issue was discussed during the fifth Ministerial Dialogue on Trade and Investment (MDTI). Commerce and Industry Minister Piyush Goyal and Canadian Minister of Small Business, Export Promotion and International Trade Mary Ng co-chaired the meet.

The two countries also agreed to consider an interim agreement or early progress trade agreement that could bring early commercial gains to both countries.

According to a joint statement, the ministers highlighted the existing trade complementarities between India and Canada and emphasized that the agreement would help in expanding bilateral trade in goods and services by unlocking the potential across sectors.

The interim agreement would include high-level commitments in goods, services, rules of origin, sanitary and phytosanitary measures, technical barriers to trade, and dispute settlement, and may also cover any other areas mutually agreed upon, it said.

In a free trade agreement, two trading partners significantly reduce or eliminate customs duty on the maximum number of goods traded between them. They also relax norms for promoting trade in services and investments. In an interim pact, two nations reduce or eliminate duties on a limited number of goods.

Further, the two countries discussed ways to provide greater market access for commodities such as pulses, sweet corn, baby corn, and banana.

The two sides emphasized to enhance cooperation in sectors such as pharmaceuticals and critical and rare earth minerals as well as in areas like tourism, urban infrastructure, renewable energy, and mining.

India's exports to Canada stood at USD 2.9 billion in 2020-21 as against USD 2.85 billion in 2019-20. Imports in 2020-21 were USD 2.68 billion as against USD 3.9 billion in 2019-20

Industrial production grows at 1.3% in January: Commerce Ministry

Sunday March 13, 2022

India’s Industrial Production (IIP) grew at 1.3% in the month of January, after hitting a 10-month low in December, according to the data released by the Commerce Ministry on Mar 11 .

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Coach Dennerby names 22-member Indian squad for SAFF U-18 Women's Championship

Sunday March 13, 2022

India has named a 22-member squad for the SAFF U-18 Women's Championship football tournament to be held in Jamshedpur from March 15 to 25.

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UK government's sanctions on Roman Abramovich see restrictions placed on Chelsea

Sunday March 13, 2022

Unpreceded restrictions were placed on Chelsea's ability to operate by the British government on Mar 10 after owner Roman Abramovich was targeted in sanctions. Abramovich was among seven wealthy Russians who had their assets frozen by the government.

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'Deeply regrettable': India says technical malfunction led to missile landing in Pakistan

Saturday March 12, 2022

India confirmed on March 11that a missile was accidentally fired into Pakistan two days ago, saying it was due to a 'technical malfunction'.

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International flights to take off from March 27, but airlines wonder if business will

Saturday March 12, 2022

Restarting international flights by March 27 is proving to be an uphill task for domestic carriers as they would have to completely overhaul and reschedule all their operations.

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Former Uttar Pradesh Minister Azam Khan gets bail in job scam case

Saturday March 12, 2022

The Lucknow Bench of the Allahabad High Court on Mar 11 granted bail to former UP minister Azam Khan in a case relating to a Jal Nigam recruitment scam.

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