Samarpan IAS : By Samridhi
292 subscribers
1.05K photos
9 videos
72 files
462 links
An effort to understand India, it's diversity, history and culture. The objective is to cater to the need of civil services exams and make learning process interesting, easy and fulfilling by striking the right chord in right direction.
Download Telegram
Committees formed to measure poverty in India. #poverty #economy #povertyline
Indian External Affairs Minister met Chinese counterpart on the sidelines of G-20 summit in Rio de Janeiro.
Both sides agreed to further improve India-China relations by resumption of Kailash Mansarovar yatra pilgrimage, data sharing on trans-border rivers, direct flights between India & China and media exchanges.
This came month after both countries agreed to disengage along the Line of Actual Control at Russia.

China is hoping for reset of economic ties with India and is focussing on large middle class Indian market. This comes at a time when Chinese economy is slowing down & also facing prospects of escalating trade war with US.
#IndiaChina #relations #economy #trade #upsc #civilservices #ukpsc #pcs
1
US President Trump threatened the BRICS countries neither to create a new BRICS currency nor replace US Dollars with any currency, otherwise they will face 100% tariffs.
According to International trade experts any such tariff would ultimately hurt American economy.
The US has the history of leveraging its influence over the global financial system like SWIFT (SOCIETY FOR WORLDWIDE INTERBANK FINANCIAL TELECOMMUNICATION). In the past US weaponised the global financial infrastructure by throwing Iran & Russia out of SWIFT which is the key to international transactions.
Several countries have been looking for alternative mechanisms after such incidents.
Chinese government has been working aggressively on internationalisation of Renminbi, Chinese currency.
India's External Affairs Minister S. Jaishankar has said avoiding use of US is not India's economic policy.
#international #economy #US #Trump #BRICS
Front Running:
Front running is an unethical trading practice where a broker or trader uses advance knowledge of pending large orders of clients to trade ahead of them for personal profit. They execute personal trades before processing clients’ orders, taking advantage of expected price.

Front-running is commonly confused with insider trading, but they are distinct. Insider trading refers to a company insider who trades on advanced knowledge of corporate activities—for example, using their insider knowledge to buy or sell shares ahead of a major announcement.

#Economy #FrontRunning #InsiderTrading