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International Intellectual Property Index 2021 Released

The International Intellectual Property Index 2021 has been released. About International Intellectual Property Index: It is an annual report released by the US Chamber of Commerce & Global Innovation Policy Centre(GIPC). The index evaluates Intellectual Property rights in 53 global economies. These economies represent together over 90% of global GDP. It ranks countries based on 50 unique indicators. These indicators are divided across nine categories of protection: 1) Pa

Traffic Suspension in Suez Canal

A 400 m long “Ever Given vessel” blocked the Suez Canal. The ship blocked the canal due to a lack of visibility created by bad weather and a sand storm. So temporarily the traffic is suspended. About the Suez Canal: Suez Canal is a sea-level waterway running north-south across the Isthmus of Suez in Egypt to connect the Mediterranean and the Red seas. The canal separates the African continent from Asia. Significance: Suez Canal is actually the first cana

PM thanked United Nations Institute for Training and Research

United Nations Institute for Training and Research (UNITAR) appreciated India’s progress in reducing premature mortality from non-communicable diseases (NCDs). The Indian Prime Minister(PM) has thanked the UNITAR in return. About United Nations Institute for Training and Research(UNITAR) United Nations Institute for Training and Research(UNITAR) is a dedicated training arm of the United Nations system. It was founded in 1963. UNITAR provides training and learning services to ind

National Bank for Financing Infrastructure and Development Bill, 2021

Rajya Sabha has recently cleared National Bank for Financing Infrastructure and Development Bill, 2021 About National Bank for Financing Infrastructure and Development (NBFID) Bill, 2021 : The Bill seeks to establish the NBFID as the principal development financial institution(DFIs) for infrastructure financing. DFIs are set up for providing long-term finance for segments involving risk beyond the acceptable limits of commercial banks and other ordinary financial institutions.

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