Top GKToday’s News Headlines-1 February 2020
Here are Top GKToday’s News Headlines for February 1, 2020
INDIA
- Budget Session of Parliament starts with an address by President Ram Nath Kovind to the joint sitting of two Houses of Parliament
ECONOMIC SURVEY 2019-20 HIGHLIGHTS
- The Economic Survey 2019-20 was tabled in Parliament on January 31, 2020.
- Theme: Enable Markets, Promote ‘Pro-Business’ Policies and Strengthen ‘Trust’ in the Economy
- GDP growth pegged at 6-6.5% in fiscal year starting April 1, up from 5% in current fiscal
- Share of formal employment increased from 17.9% in 2011 -12 to 22.8% in 2017-18
- India ranks 3rd in number of new firms created; 1,24,000 new firms created in 2018
- To achieve GDP of USD 5 trillion by 2024-25, India needs to spend about USD 1.4 trillion over these years on infrastructure
ECONOMY & CORPORATE
- Govt. revises downwards the economic growth rate for 2018-19 to 6.1% from 6.8% estimated earlier
- Alliance Air, a wholly-owned subsidiary of Air India, launches Bhubaneswar-Varanasi flight; 250th route operationalised under RCS – UDAN (Regional Connectivity Scheme – Ude Desh Ka Aam Nagrik)
- India bans export of all kind of respiratory masks used to protect people from air borne particles
- Auto component maker Omega Seiki launches electric three wheeled cargo vehicles under brands Singha and Singha Max
- Abidali Z Neemuchwala quits as CEO and MD of Wipro
WORLD
- Ajay Bisaria appointed India’s High Commissioner to Canada
- WHO announces ‘public health emergency of international concern’ over the coronavirus crisis in China and other nations
- Indian-origin Arvind Krishna named new CEO of IBM
- Dr Pratap Chauhan of Jiva Ayurveda wins Ayurveda Ratan Award at the European Parliament in Brussels, Belgium
- NASA decommissions Spitzer Space Telescope after 16 years of operation
- Daniel K. Inouye Solar Telescope (DKIST), the world’s largest solar telescope in Hawaii (US), captures its first image of the sun
- China: Year of the Rat starts with the Spring Festival on January 25
SPORTS
- Australian Open tennis in Melbourne: France’s Kristina Mladenovic and Timea Babos of Hungary win women’s doubles title
- Russia’s David Paravyan wins Gibraltar International Chess Masters Festival
- Indian women’s team captain Rani Rampal becomes first ever hockey player to win World Games Athlete of the Year’ award
- India beat New Zealand via Super Over in the fourth T20 International at Westpac Stadium, Wellington