Page-58 of China
Indian Navy conducts large scale fleet exercise on eastern seaboard
Indian Navy has conducted a large scale Fleet exercise on the eastern seaboard to maintain high levels of combat readiness and counter emerging threats. The exercises were conducted across a vast geographical area on the eastern seaboard extending from Northern ..
Month: Current Affairs - December, 2015
Union Government slaps anti-dumping duty on stainless steel
Union Government has imposed anti-dumping duty on import of cold-rolled flat products of stainless steel for 5 years from 7 countries. The government’s decision comes on the recommendation of Directorate General of Anti-dumping and Allied Duties (DGAD) in the wake ..
Month: Current Affairs - December, 2015
India ranks 4th in black money outflows: GFI Report
India has been placed at fourth position in black money outflows among the developing and emerging economies. It was revealed by Global Financial Integrity’s (GFI’s) Illicit Financial Flows from Developing Countries: 2004-2013 Report. Key facts Record 1.1 trillion dollars flowed ..
Month: Current Affairs - December, 2015
First red alert on pollution declared in Beijing
The Chinese government has issued its first red alert on pollution (smog) it its Capital Beijing due to hazardous air quality caused by severe air pollution. The warning was an upgrade from the previous second highest orange alert. The red ..
Month: Current Affairs - December, 2015
China's 1st manned electric aircraft gets license for production
China has granted a license for production of first manned two seater electric aircraft RX1E known as RX1E by the Civil Aviation Administration of China. The aircraft has been designed by Shenyang Aerospace University and Liaoning General Aviation Academy in ..
Month: Current Affairs - December, 2015
China announces $60 billion package to Africa during FOCAC
Chinese President Xi Jinping has announced a 60 billion dollars package to African nations during the Forum on China-Africa Cooperation (FOCAC) held in Johannesburg, South Africa. The package will benefit Africa in 10 major areas (sectors) such as industry, infrastructure, ..
Month: Current Affairs - December, 2015
IMF approves China's Yuan as elite reserve currency
International Monetary Fund (IMF) has included China’s Yuan into its elite reserve currency basket mailny used as an international reserve asset with an effect from effect from 1st October 2016. Decision in this regard was taken by the IMF’s executive ..
Month: Current Affairs - December, 2015
China hosts 1st BRICS media summit
China hosted the first Brazil-Russia-India-China-South Africa (BRICS) media summit in Beijing for creating an alternative media platform for the 5 emerging economies. 25 media organisations participated in the 2 day summit which aimed to create a new institutional framework to ..
Month: Current Affairs - December, 2015
China building world's largest animal cloning factory
China is building the world’s biggest animal cloning factory to recreate sniffer dogs, racehorses, pets and beef cattle. In this regard, Chinese scientists have signed a deal to create a commercial animal cloning centre in Tianjin, north-eastern China. Key facts ..
Month: Current Affairs - November, 2015
Sri Lanka won't allow any country to set up naval base on its territory
Sri Lankan Government has announced that they would not any country to set up naval base on its territory. This announcement was made by Sri Lankan Prime Minister Ranil Wickremesinghe while he was speaking at the International Maritime Dialogue at ..