De-dollarization
Theme:- The de-dollarization trend is accelerating in an increasingly multipolar world. It has not gone unnoticed by Indian policymakers, who are now exploring ways to reduce their country’s reliance on the U.S. dollar. The dollar’s dominant position in the global
Go First crisis
Theme:- In May 2023, Go First Airlines approached The National Company Law Tribunal (NCLT) and filed for bankruptcy.
- Go First Airlines was started in 2005. In 2012, the company ordered engines from Pratt
Collapse of Credit Suisse
Theme:- In mid-March 2023, the second-largest bank in Switzerland collapsed and was bought by UBS for $3.3 billion. Credit Suisse is a multinational financial services company based in Switzerland, with operations in over 50 countries. The company is known for
India’s new Foreign Trade Policy 2023
Theme:- India’s Foreign Trade Policy (FTP) is an essential aspect of its economic growth and development. The country has been consistently making efforts to expand its foreign trade relations and increase its exports. Recently, the Indian government announced a new
China-Taiwan crisis
Theme:- In April 2023, China conducted large-scale military drills for three days around Taiwan as a response to Taiwan President Tsai Ing-wen’s meeting with United States House Speaker Kevin McCarthy. Earlier, in August 2022, China conducted similar exercises after the
