UN Report: India to grow at 7.1% in 2020

According to a United Nations’ report titled World Economic Situation and Prospects (WESP) Report 2019 Mid-year Update, India’s economy is projected to grow at 7.1 % in fiscal year 2020 which will be backed by strong domestic consumption and investment. ..

Month: Current Affairs - May, 2019

China continues to use Banned Ozone-Depleting CFC: Study

According to a recent research published in journal Nature, China continues to use the banned ozone depleting chemical called CFC-11 in violation of Montreal Protocol. Key Findings of Report Despite being a signatory to Montreal Protocol, and agreeing to phase ..

Month: Current Affairs - May, 2019

ILO Report: Gender Diversity good for business and Economy

According to a recent report released by United Nation’s (UN) International Labour Organization (ILO), Companies that improve gender diversity especially at top perform better and rake in higher profits. Key Highlights About: The report released by UN’s ILO is titled ..

Month: Current Affairs - May, 2019

UNESCO: Women still under-represented in Science and Technology

According to analysis by The United Nations Educational, Scientific and Cultural Organization (UNESCO), women remain considerably under-represented across STEM (science, technology, engineering and math) studies and careers. Key Highlights Statistics: According to UNESCO, globally only 29% of those in science ..

Month: Current Affairs - May, 2019

WHO: Algeria and Argentina declared Malaria-Free

The World Health Organization (WHO) has declared Algeria and Argentina as ‘Malaria-Free’ countries after no cases of indigenous transmission of disease were recorded. Key Highlights Background: The Malaria parasite was first discovered in humans in Algeria by a French physician ..

Month: Current Affairs - May, 2019

ADB to finance Railways Track Electrification Project in India

The Asian Development Bank (ADB) has signed an agreement to electrify railway tracks in India under Railways Track Electrification Project. As per agreement ADB will provide $750 million (equivalent in Indian Rupee) long-term financing to Indian Railway Finance Corporation (IRFC). ..

Month: Current Affairs - May, 2019

UNGA resolution demands UK withdrawal from Chagos Archipelago

The United Nation General Assembly (UNGA) passed a non-binding resolution asking United Kingdom (UK) to return Chagos Archipelago in Indian Ocean to Mauritius. Key Highlights Background: On February 2019 International Court of Justice (ICJ) issued an advisory opinion on the ..

Month: Current Affairs - May, 2019

Shaheen-II: successfully test-fired by Pakistan

Pakistan has successfully test-fired a land-based ballistic missile named ‘Shaheen-II’. The impact point of missile was in the Arabian Sea. Key Highlights Background: On 9 March 2004 Pakistan successfully test fires a medium-range nuclear-capable ballistic missile Shaheen-II from an undisclosed ..

Month: Current Affairs - May, 2019