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Global Economic Prospects report 2019: Key Facts about India
The World Bank has released the Global Economic Prospects report 2019 titled “Darkening Skies”. The key findings of the report related to India are: India’s GDP is expected to grow at 7.3 per cent in the fiscal year 2018-19, and 7.5 ..
Month: Current Affairs - January, 2019
Henley Passport Index
The Henley Passport Index measures the access each country’s travel document affords. The Index is based on the data provided by the International Air Transport Authority (IATA) and covers 199 passports and 227 travel destinations. Ranking of the Jurisdictions The ..
Month: Current Affairs - January, 2019
GDP forecasts by Standard Chartered Plc: Key Facts
Standard Chartered Plc, a multinational company has made long term forecasts about the shake-up of the world’s gross domestic product (GDP) rankings. The key elements of the forecast are: Seven of the world’s top 10 economies by 2030 most likely ..
Month: Current Affairs - January, 2019
China passes law to make Islam compatible with socialism
The Peoples Republic of China has passed a new law to regulate Islam and make it more compatible with socialism by “Sinicizing Islam”. Why the new law? The new Chinese law aims to “Sinicise” Islam. The indifference of China towards ..
Month: Current Affairs - January, 2019
President Trump signs 'Asia Reassurance Initiative Act' into law
US president has signed the ‘Asia Reassurance Initiative Act’. The law aims at countering the encroaching influence and growing threat from China, and to reinvigorate U.S. leadership in Asia. Features of the Act The important features of the act are: ..
Month: Current Affairs - January, 2019
Pakistan to issue Panda Bonds to raise capital in China
The government of Pakistan has decided to launch Panda Bonds to raise loans from Chinese capital markets. Launching of Panda Bonds is part of Pakistan’s plans to move towards giving the Chinese currency, a status at par with that enjoyed by ..
Month: Current Affairs - January, 2019
China launched its First Satellite for Space-based Broadband Services
China has launched its first communication satellite on 22nd December 2018 to offer broadband internet services to users worldwide. The communication satellite was launched using a Long March 11 carrier rocket which took off from the Jiuquan Satellite Launch Centre ..
Month: Current Affairs - December, 2018
Hand-in-Hand Military exercise between India, China begins at Chengdu, China
The seventh edition Hand-in-Hand Military exercise between India, China began in Chengdu, China. It is being held to improve capabilities of the two armies in fighting terrorism and promote mutual understanding. The exercise was held after gap of one year ..
Month: Current Affairs - December, 2018
Patents granted by India up by 50% in 2017: WIPO
According to World Intellectual Property Indicators 2018 report released by United Nation’s World Intellectual Property Organisation (WIPO), number of patents granted by India shot up by 50% in 2017. The patents granted by India increased from 8,248 in 2016 to ..
Month: Current Affairs - December, 2018
India and China sign agreement to inspect fish meal, fish oil imports
India and China signed protocol on hygiene and inspection requirements for exports of fish meal, fish oil imports from India to China. It was signed as part of discussions between India’s Commerce Ministry and six-member Chinese delegation led by Vice ..