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INTERNATIONAL AFFAIRS - May 2017

May 2017

Mar 09, 2025

India Ranks 4th Globally with 85,698 Super Rich

  • India emerged as a leading global wealth hub, with a current population of 85,698 High Net-Worth Individuals (HNWIs), placing it fourth globally, behind only the US, China, and Japan, according to the latest Global Wealth report by property consulting firm Knight Frank.
  • According to the latest wealth report, the number of HNWIs—defined as individuals with at least US$1 million in investable assets—rose by 4.4% globally in 2024, reaching over 2.3 million people. Notably, the population of ultra-high-net-worth individuals (UHNWIs), those with assets exceeding US$100 million, surpassed 100,000 for the first time, reflecting a broader trend of growing wealth across the world.

Mar 05, 2025

Union Minister Jyotiraditya M. Scindia Showcases India's Telecom Transformation at MWC 2025

  • Minister for Communications Jyotiraditya M. Scindia visited the prestigious Mobile World Congress (MWC) in Barcelona, Spain, and engaged in top level meetings with CEOs, addressed key sessions and witnessed major tech innovations in one of the world's largest gatherings for the mobile and telecommunications industry.
  • This visit showcased India's telecom transformation at Mobile World Congress 2025, with Bharat's rapid 5G rollout, world's lowest data tariffs, indigenous 4G/5G stacks & robust cybersecurity measures highlighted in the prestigious event. Participation in MWC 25 underscored the global standing of India's telecom revolution and reflects India's commitment to tech governance.

Mar 04, 2025

Trump Declared English as the Official Language of the United States

  • US President Donald Trump made an official announcement designating English as the national language of America to promote unity among the immigrant population. Through an executive order issued, Trump expressed that it was long past time for US to take English as its official language.
  • A memo from Trump reversed a policy implemented by Bill Clinton during his presidency, which provided support for non-English speakers through government agencies. Under the new order, agencies can establish their own guidelines for delivering multilingual assistance.

Christian Stocker Sworn in as Austrian Chancellor

  • Conservative Christian Stocker was sworn in as Austria's chancellor at the head of a three-party coalition government, ending five months of political deadlock that followed a far-right party's election win.
  • The swearing-in came days after a common programme was agreed by his Austrian People's Party (OVP), the centre-left Social Democrats and the liberal Neos.
  • The new administration faces significant challenges, including rising unemployment, a recession and a strained budget. Its coalition agreement includes plans for stricter asylum rules in the European Union nation of nine million people.

Mar 02, 2025

Jyotiraditya Scindia to Represent India's Rise on the Global Stage at Mobile World Congress 2025

  • Jyotiraditya Scindia, Union Minister for Communications, will represent India at the prestigious Mobile World Congress (MWC) 2025, one of the world's largest and most influential technology and telecommunications events, scheduled from March 3-6, 2025 in Barcelona, Spain.
  • He will also unveil the curtain raiser of India Mobile Congress 2025 and inaugurate the 'Bharat Pavilion' at the Mobile World Congress (MWC).
  • The Bharat Pavilion will feature 38 Indian telecom equipment manufacturers showcasing their state-of-the-art products, both hardware and software.
  • The Mobile World Congress (MWC) 2025 will be held under the theme 'Converge. Connect. Create.'

Mar 01, 2025

Bangladeshi Students Launch Political party after Ousting PM Hasina

  • Bangladeshi students at the forefront of protests that ousted Sheikh Hasina as Prime Minister last year (2024) launched a political party to contest elections likely to be held by the end of the year (2025).
  • The launch of 'Jatiya Nagorik Party' (National Citizens' Party), opened a new chapter in the turbulent politics of the South Asian country, which was born in 1971 after separating from Pakistan.
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