Page-11 of Current Affairs - January, 2017

IMF cuts India's FY17 growth rate to 6.6% from 7.6%  

The World Economic Outlook (WEO) update released by the International Monetary Fund (IMF) has cut India’s growth rate for the fiscal year 2016–17 to 6.6% from its previous estimate of 7.6%. India’s growth rate was cut due to the temporary ..

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Timothy Gonsalves committee recommends reservation for girl students in IITs

The sub-committee under chairmanship of professor Timothy Gonsalves has recommended reservation for girl students in IITs to address the issue of slump in number of female students entering the prestigious institutes. The recommendation of the committee will be taken up ..

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Richest 1% own 58% of total wealth in India: Oxfam Study

According to study conducted by rights group Oxfam, India’s richest 1% now hold a huge 58% of the country’s total wealth, indicating rise income inequality. It is higher than the global figure of about 50%. It shows that 57 billionaires ..

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Union Commerce Ministry launches SEZ India app

The Union Ministry of Commerce and Industry (MOCI) has launched a mobile application named “SEZ India” under its broader e-Governance initiative to help the Special Economic Zone (SEZ) Units and Developers. It will help the SEZ Units and Developers to ..

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China hands over two ships to Pakistan Navy for Gwadar Port security

China has handed over two ships to the Pakistan to safeguard the strategic Gwadar port and trade routes under the ambitious China-Pakistan Economic Corridor (CPEC). These ships have been named as Hingol and Basol, after two rivers near Gwadar. They ..

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62nd Filmfare Awards

The grand Annual 62nd Jio Filmfare Awards event organised by the Filmfare magazine was held in Mumbai, Maharashtra. It honored the best Indian films of the year 2016 Dangal was adjudged as the Best film. Neerja and Kapoor & Sons ..

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SpaceX’s Falcon 9 Rocket successfully places 10 satellites into orbit

US based rocket manufacturing company SpaceX successfully launched constellation of 10 satellites into orbit on board of its two stage Falcon 9 Rocket from the Vandenberg Air Force Base, California. The satellites were deployed into the designated to low-Earth orbit ..

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SEBI tightens merger norms

The Securities and Exchange Board of India (SEBI) has tightened rules for mergers and amalgamations by Indian companies in a bid to safeguard the interests of the public shareholders. The market regulator amended rules in an effort to make listing ..

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