Page-8 of Current Affairs - September, 2018

ISRO setting up third launch pad at Sriharikota for Gaganyaan mission

Indian Space Research Organisation (ISRO) is setting up third launch pad at Sriharikota, Andhra Pradesh to undertake Gaganyaan manned space flight programme. ISRO currently has two launch pads which are already full. Third launch pad is being set up for ..

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NSE, LSE inks MoU for dual listing of masala bonds

National Stock Exchange of India (NSE) and London Stock Exchange (LSE) have signed Memorandum of Understanding (MoU) to collaborate on creating dual listing route for masala bonds and foreign currency bonds of Indian issuers. Through approval of single listing document, ..

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India’s first indigenously developed Prototype Fast Breeder Reactor to achieve criticality in 2019

India’s first indigenously developed 500-megawatt (mw) Prototype Fast Breeder Reactor (PFBR) at Kalpakkam in Tamil Nadu is expected to achieve criticality in 2019. It was stated by Sekhar Basu, Chairman, Atomic Energy Commission (AEC) and Secretary, Department of Atomic Energy ..

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World Bank endorses Country Partnership Framework for India's transition to high-middle income nation

World Bank board has approved ambitious five-year Country Partnership Framework (CPF) for India that is in line with Government of India’s objectives of high, sustainable and inclusive growth. The framework is aimed at supporting India’s transition to higher middle-income country ..

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First General Assembly of International Solar Alliance to be held on 2 October in Delhi

The inaugural General Assembly of International Solar Alliance (ISA) will be inaugurated on 2 October 2018 in New Delhi. It will be followed by ministerial level assembly of ISA following day which will be will be held in Greater Noida. ..

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Fitch raises India's GDP forecast to 7.8% from 7.4% for FY19

Fitch Ratings in its Global Economic Outlook has revised up India’s growth forecast for current fiscal year (2018-19) to 7.8% from 7.4% projected earlier. However it has flagged tightening of financial conditions, weak bank balance sheets and rising oil bill ..

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Anil Kumar Chaudhary appointed as new Chairman of Steel Authority of India Ltd

The Appointments Committee of the Cabinet (ACC) chaired by Prime Minister Narendra Modi has appointed Anil Kumar Chaudhary as new Chairman of Steel Authority of India Ltd. He will in office till his superannuation in December, 2020. He will succeed ..

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India contributes 1 million to UN Solar Project

India has contributed $1 million to United Nations (UN) Headquarters’ Solar Project, under which solar panels will be installed on roof of world body’s headquarters at New York, US. This contribution makes India first responder to UN Secretary-General Antonio Guterres’ ..

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