Latest Current Affairs

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GDP Growth slips to 5.8 % in Q4 in 2018 - 19 : Central Statistics Office (CSO)

GDP Growth slips to 5.8 % in Q4 in 2018 – 19 : Central Statistics Office (CSO)

The Central Statistics Office (CSO), the rate of gross domestic product (GDP) growth in the January-March quarter of 2018-19 decreased to 5.8% as compared to the forecast of 6.5%. The economic growth rate for the full 2018-19 financial year stood at a 5-year low of 6.8% when compared with 7.1% The main reason behind the slip is […]

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ADB and MIGA planned to expand Development Finance in Asia and Pacific to increase the flow of private sector investment

ADB and MIGA planned to expand Development Finance in Asia and Pacific to increase the flow of private sector investment

Asian Development Bank (ADB) and the Multilateral Investment Guarantee Agency (MIGA) agreed to expand Development Finance in Asia and Pacific to increase the flow of private sector investment. They signed a Cooperation Agreement which will be effective for 3 years from signing. This was signed in line with the 2030 Sustainable Development Goals(SDGs). The main aim is to

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KVB to form venture with Centrum Wealth to provide wealth management services

KVB to form venture with Centrum Wealth to provide wealth management services

Karur Vysya Bank Ltd (KVB) partnered with Centrum Wealth Management Ltd(Centrum) to form private limited Joint Venture (JV) to provide wealth management services to its clients. KVB will hold 51% of the share capital, Centrum will hold 45% and the remaining 4% will be held by the JV’s Staff There will be 5 Board of

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Assam govt hikes parental income limit under fee waiver to Rs 2 Lakhs

Assam govt hikes parental income limit under fee waiver to Rs 2 Lakhs

Assam government increased the parent’s annual income of students eligible for fee wavier scheme up to post graduation level from RS 1 Lakh to RS 2 Lakh. It was announced by Assam education minister Siddhartha Bhattacharya. The scheme does not apply for private colleges and universities in Assam. Children of parents working in state and central government

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Prime Minister Narendra Modi hikes National Defence Fund scholarship assistance

Prime Minister Narendra Modi hikes National Defence Fund scholarship assistance

Apart from hiking the scholarship amount, now the ambit of the Scholarship Scheme is extended to the wards of State Police officials who are or were martyred during terror or Naxal attacks. The quota of new scholarships for children of state police officials will be 500 in a year. The rates of scholarship have also been

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Kasturirangan Committee submitted the draft National Education Policy to Union HRD Minister

Kasturirangan Committee submitted the draft National Education Policy to Union HRD Minister

K. Kasturirangan Committee submitted the 484-pages draft report of National Education Policy to the new Union Human Resource Development Minister Ramesh Pokhariyal. The report on the National Education Policy mainly put out on the Ministry of Human Resource Development (MHRD)’s website for suggestions from the public The last date for the suggestions is June 30. The Committee

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India lost its spot as the worlds fastest growing economy to China

India lost its spot as the worlds fastest growing economy to China

India lost the world’s fastest-growing economy title to China.  In the January-March quarter, India registered 6.3% whereas China recorded a growth of 6.4% in the March Quarter.   India had been ahead of China for two years. The country’s economic growth rate of India slowed to 5.8% during the fourth quarter of 2018-19 due to low agriculture and mining output along with subdued consumer demand.   India’s economic

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india, us, japan and australia supports asean led architecture mechanism

India, US, Japan and Australia supports Asean led architecture mechanism

India, US, Japan, and Australia came together to support ASEAN-led architecture mechanism for a rule-based order to promote the free, open, prosperous and inclusive indo-pacific region in a meeting held at Bangkok, Thailand.The meeting at Bangkok is to counter China’s military expansion into the Indo-pacific region. The Quad Countries: Senior officials of the four countries also highlighted their efforts to maintain universal

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Indian juniors won 5 gold, 3 silver medals Under-20 Eurasian Athletics Championship:

Indian juniors won 5 gold, 3 silver medals Under-20 Eurasian Athletics Championship:

The Under-20 Eurasian Athletics Championships held at Almaty, Kazakhstan, India team won 5 gold and 3 silver medals National teams from Kazakhstan, Kyrgyzstan, Uzbekistan, Iran, India, and Tajikistan participated in a 2-day event held on May 29-30, 2019. Sreekiran bagged the boys’ 800m gold with a time of 1:54.62 Rohit Yadav added the fifth gold medal

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Punjab and Haryana High Court has accorded the status of legal person or entity to animals

Punjab and Haryana High Court has accorded the status of legal person or entity to animals

The Punjab and Haryana High Court has accorded the status of legal person or entity to animals, granting them the “corresponding rights, duties, and liabilities of a living person”.  The Bench also provided guidelines for the accord. Guidelines: It has fixed load to be carried by animals and banned their deployment for pulling vehicles inextreme cold and heat conditions. 

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