Page-4 of Current Affairs - December, 2018

India to build new vertical bridge to replace Pamban Bridge

Indian Railways is building the country’s first vertical-lift bridge to connect Rameswaram  to mainland India. The bridge will allow ships and steamers to pass through without any hindrance. The new bridge would replace the existing 104-year-old Pamban bridge. It would ..

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China’s navigation satellite system BeiDou starts providing global service

China’s BeiDou Navigation Satellite System (BDS) has started offering global service. It is touted as a rival to America’s Global Positioning System (GPS). Pakistan has become the first foreign nation to use the BeiDou system ending its reliance on GPS. China’s BeiDou Navigation ..

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New norms for FDI in e-commerce

The new norms for the foreign direct investment (FDI) in e-commerce, bars e-commerce firms from selling products of entities in which they have an equity stake. Why the new norms? The new norms are brought in by the government to ..

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Bhutanese PM on a 3 day visit to India

Prime Minister of Bhutan Lotay Tshering arrived in India on 27th December for a three-day visit. The Visit is significant because it is taking place during the Golden Jubilee year of the establishment of formal diplomatic relations between the two ..

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Public Enterprises Survey 2017-18

The Public Enterprises Survey 2017-18 was tabled in the Parliament. The Survey mapped the performance of the various central public sector units. The survey was undertaken by the Department of Public Enterprises, Ministry of Heavy Industries & Public Enterprises. Findings ..

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India's Fiscal Deficit Hits Around 115% of FY19 Target

India’s fiscal deficit in the first eight months of FY2018-19 rose to Rs 7.17 lakh crore, hitting around 115% of the budgeted target for the current financial year, breaching the target of Rs 6.24 lakh crore set by the government ..

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