Page-7 of Current Affairs - January, 2018

India's richest 1% corner 73% of wealth generation: Oxfam Survey

January 23, 2018

According to latest survey released by the international rights group Oxfam, richest 1% in India cornered 73% of the wealth generated in country in 2017. The survey shows worrying picture of rising income inequality. It was released as part of ..

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First NIIF investment: To set up $3-billion platform with DP World

January 23, 2018

The National Investment and Infrastructure Fund (NIIF) has made its first investment by partnering with DP World to create $3-billion investment platform for ports, terminals, transportation and logistics businesses in India. The platform will invest in opportunities in ports sector ..

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India inks $120 million loan agreement with World Bank to fund improved water supply in Uttarakhand

January 23, 2018

India has signed $120 million loan agreement with multilateral lending agency World Bank to help increase access to improved water supply services in peri-urban areas in Uttarakhand. The agreement was signed between Government of India, Government of Uttarakhand and World ..

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Indian economy to grow at 7.4% in 2018: IMF

January 23, 2018

In its latest World Economic Outlook (January 2018 update) released by International Monetary Fund (IMF), India is projected to grow at 7.4% of its gross domestic product (GDP) in 2018 as against China’s 6.8%. The projection makes India fastest growing ..

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India ranked 81st on Global Index of Talent Competitiveness

January 23, 2018

India was ranked 81st among 118 countries in 2017 Global index of talent competitiveness (GTI) list.  India has improved its position from 92nd last year. The index measures ability of countries to compete for talent i.e. how countries grow, attract ..

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India ranked 62nd on WEF’s Inclusive Development Index 2018

January 23, 2018

India was ranked at 62nd place among emerging economies on Inclusive Development Index (IDI-2018) released by World Economic Forum (WEF). Norway again remained world’s most inclusive advanced economy, while Lithuania again topped list of emerging economies. India’s position is much ..

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First International Dam Safety Conference held in Thiruvananthapuram

January 23, 2018

The first International Dam Safety Conference-2018 was held in Kovalam, Thiruvananthapuram (Kerala) from January 23-24, 2018. It was inaugurated by Kerala Chief Minister Pinarayi Vijayan and was presided over by Union Minister of State for Water Resources Arjun Ram Meghwal. ..

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Scientist S. Somanath takes charge as Director of Vikram Sarabhai Space Centre

January 23, 2018

Noted scientist S Somanath took charge as Director of Vikram Sarabhai Space Centre (VSSC), Thiruvananthapuram, Kerala.  He succeeded K Sivan, who was recently appointed as Chairman of ISRO. Prior to his elevation, he was Director of Liquid Propulsion Systems Centre ..

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