Current Affairs - January, 2018

India 6th wealthiest country: New World Wealth Report

January 31, 2018

According to New World Wealth Report, India was ranked sixth in list of wealthiest countries with total wealth of US $8,230 billion in 2017. The total wealth, refers to private wealth held by all individuals living in each country/city. It ..

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Thar Link Express receives extension for three more years

January 31, 2018

India and Pakistan have extended agreement of Thar Link Express, second solitary rail service between both countries for three more years i.e. till 2021. The Thar Express links Jodhpur (India) and Karachi (Pakistan) via Munabao (Rajasthan)-Khokhrapar (Sindh province) border crossing ..

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INS Karanj: Third submarine of Scorpene class launched

January 31, 2018

Indian Navy has launched Scorpene submarine INS Karanj at the Mazagon Dock Shipbuilders Ltd (MDL), Mumbai, Maharashtra. It the third Scorpene class submarine built by MDL under ambitious Project 75 of the Indian Navy. INS Karanj has been named after ..

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Government launches GeM 3.0

January 31, 2018

The Ministry of Commerce & Industry has launched third version of the Government e-Marketplace (GeM 3.0) . The earlier version GeM 2.0 was launched as pilot project in August 2016. GeM 3.0 will offer standardised and enriched catalogue management, powerful ..

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Mihir: High performance computing facility inaugurated at Noida

January 31, 2018

Ministry of Earth Science (MoES) has inaugurated high performance computer system (HPC) or supercomputer Mihir (meaning sun) at National Centre for Medium Range Weather Forecasting (NCMRWF), Noida. The HCP will provide facility for improving weather/climate forecasts. It is country’s largest ..

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Government inks $250 Million Loan Agreement with ADB to Improve Rural Connectivity in 5 States

January 31, 2018

The Union Government has inked $250 Million Loan Agreement with Asian Development Bank (ADB) to Improve Rural Connectivity in 5 States viz. Assam, Chhattisgarh, Madhya Pradesh, Odisha and West Bengal under Pradhan Mantri Gram Sadak Yojana (PMGSY). The loan proceeds ..

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Government inks $100 Million loan agreement for Project to Boost Rural Economy of Tamil Nadu

January 31, 2018

The Union Government has inked $100 million Loan Agreement with World Bank for Project to Boost Rural Economy of Tamil Nadu. The loan is from the International Bank for Reconstruction and Development (IBRD) and has a 5-year grace period and ..

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India becomes third largest producer of crude steel

January 30, 2018

According to recent report published by World Steel Association (WSA), India has overtaken US to become the world’s third largest steel producer in 2017. India’s crude steel production has grown by 6.2% to 101.4 million tonnes (MT) in 2017 compared ..

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President Ram Nath Kovind pitches for simultaneous elections

January 30, 2018

President Ram Nath Kovind has called for simultaneous elections to Lok Sabha and state assemblies. He made this state while addressing the joint sitting of Parliament on the commencement of the Budget Session. He made this statement arguing that frequent ..

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Hicky's Bengal Gazette: 238th anniversary of India's first newspaper celebrated

January 30, 2018

Journalists and social activists celebrated 238th anniversary of India’s first newspaper the Hicky’s Bengal Gazette. 29 January is also celebrated Hicky’s Day to pay tributes to the fighter-journalist James Augustus Hicky who is considered as founder of journalism in India. ..

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