Iran Launches Pars-1 Satellite into Orbit from Russia In a significant development, Iran has successfully launched the Pars-1 satellite into orbit, marking a milestone in its space exploration journey. This collaboration with Russia has not only showcased Iran’s technological advancements but also raised eyebrows across the global space community. The satellite, Pars-1, was launched from…
Russia’s 2024 BRICS Chairmanship: Putin’s Initiative Russia has initiated its chairmanship for the BRICS summit in 2024, with President Vladimir Putin kick-starting the leadership role for the consortium of emerging economies. This significant move has sparked anticipation and interest globally, particularly among aspirants eyeing government exams in various sectors like teaching, law enforcement, banking, railways,…
Russia Bans Sex Change and Transgender Marriages In a significant move, Russia recently implemented a ban on sex change and transgender marriages, sparking debates and concerns both nationally and internationally. This decision comes amidst a wave of conservative measures being introduced in the country, raising questions about human rights and personal freedoms. Let’s delve into…
Sberbank Introduces Indian Rupee Accounts for Individuals in Russia In a significant development, Sberbank, Russia’s largest state-owned bank, has announced the introduction of Indian rupee accounts for individuals in Russia. This move is aimed at facilitating seamless financial transactions between Indian residents in Russia and their home country. The introduction of Indian rupee accounts by…
Russia’s Dilemma: Large Amounts of Indian Rupees That It Can’t Use Russia has recently disclosed that it holds a significant amount of Indian rupees, but it is facing difficulty in using them. The problem has arisen because of the Reserve Bank of India’s stringent regulations, which prohibit foreign entities from using rupees for transactions within…
FATF suspension : Financial Crime Watchdog FATF Suspends Russia’s Membership over Ukraine War The Financial Action Task Force (FATF) has suspended Russia’s membership due to its ongoing conflict with Ukraine. The decision was made at a meeting in Paris on February 23, 2023, and marks a significant escalation in the international community’s response to the…
