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Trends in International Arms Transfers 2018 Report: Key Facts
The Stockholm International Peace Research Institute (SIPRI) has released the Trends in International Arms Transfers 2018 Report. The Key observations made in the report include: Russia’s arms export to India decreased by a whopping 42 per cent between 2014-18 and ..
Month: Current Affairs - March, 2019
India launches third IT corridor in China
India has launched its third IT corridor in China. The corridor will facilitate partnerships between Indian and Chinese companies. National Association of Software and Services Companies (NASSCOM) entered into a partnership with China’s Xuzhou city from Jiangsu Province in China ..
Month: Current Affairs - March, 2019
OECD Growth Forecasts 2019
The Organisation for Economic Co-operation and Development (OECD) has reduced the world economic growth forecasts for the year 2019. Economic Forecasts of OECD The report notes that trade tensions and political uncertainty, including Brexit and erosion of business and consumer ..
Month: Current Affairs - March, 2019
China hikes defence budget by 7.5%
China has increased its defence budget by 7.5 per to $177.61 billion up from last year’s $165 billion. The 2019 Defence Budget of China stood at 1.19 trillion yuan (about $177.61 billion) which is three times the Indian Defence Budget. ..
Month: Current Affairs - March, 2019
IQAir AirVisual 2018 World Air Quality Report
The IQAir AirVisual 2018 World Air Quality Report was compiled by Greenpeace in association with IQAir AirVisual. The index measures the presence of fine particulate matter PM2.5 in the air. Findings of the Report Seven of the top 10 most polluted ..
Month: Current Affairs - March, 2019
India nominates Ramesh Chand to head Food and Agriculture Organisation
India has nominated member of Niti Ayog, Ramesh Chandra to head Food and Agricultural Organisation. Ramesh Chand’s candidature is challenged by Qu Dongyu of China, Medi Moungui of Cameroon, Catherine Geslain-Laneelle of France and Davit Kirvalidze of Georgia. To get ..
Month: Current Affairs - March, 2019
Cricket to be re-introduced in Asian Games
The Olympic Council of Asia (OCA) has decided to reintroduce Cricket in the 2022 Asian Games to be held at Hangzhou, China. Cricket in Asian Games Earlier Cricket had featured in 2010 and 2014 Asian Games but was dropped from the ..
Month: Current Affairs - March, 2019
CSO Data on Q3 GDP
The Central Statistical Office (CSO) has released the data about the GDP for the third quarter. The important facts from the data are: Indian economy decelerated at a faster pace than anticipated in the third quarter of 2018-19 to 6.6%. ..
Month: Current Affairs - March, 2019
Israeli company sends world's first Privately Funded Mission to Moon
SpaceX Falcon 9 rocket carrying Israeli company SpaceIL’s lunar lander blasted off from Florida. If successful Israel will join the club of countries which includes Russia, the US and China who haa ve made successful controlled landing on the surface ..
Month: Current Affairs - February, 2019
UNSC condemns Pulwama Terror Attack
The United Nations Security Council has strongly condemned the “heinous and cowardly” Pulwama suicide terror attack in which 40 CRPF personnel were killed. The highlights of the joint statement issued by the UNSC are: The joint statement noted that terrorist ..