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World Steel Association Report: Key Facts
The World Steel Association has released a Report highlighting various trends related to the Industry, they are: China is the largest producer of crude steel and it accounts for more than 51 per cent of global production. China’s share has ..
Month: Current Affairs - January, 2019
World Economic Outlook Report: Key Facts
The International Monetary Fund has released the global wealth forecasts for 2019 in its World Economic Outlook report. The important findings of the IMF forecast are: IMF cut its estimate for global growth in 2019. World Economic Outlook (WEO) projecting ..
Month: Current Affairs - January, 2019
India focus country in Turkey’s Izmir International Trade Show
India was the focus country of 87th Izmir International Trade Show held in Izmir, third most populous city in Turkey, after Istanbul and Ankara from 7th to 11th September, 2018. Trade Promotion Council of India (TPCI) had led 75-member Indian ..
Month: Current Affairs - September, 2018
Rupee for first time hit historic low of Rs. 70 mark against US dollar
Indian rupee for first time in history plunged to record low of Rs. 70.07 against US dollar on 14 August 2018. However, it recovered later at around Rs. 69.84 after heavy intervention by Reserve Bank of India (RBI). This sudden ..
Month: Current Affairs - August, 2018
Emergency Summit of OIC held in Istanbul to discuss Israel-Palestine violence
The 57-member Organization of Islamic Cooperation (OIC) held extraordinary summit in Istanbul, Turkey to discuss recent Israeli violence against Palestinian protesters in Gaza Strip. The summit was convened at the invitation of Turkish President Recep Tayyip Erdoğan. It condemned massacre ..
Month: Current Affairs - May, 2018
What is the name of the city that lies in two continents?
Istanbul which is a major city in Turkey lies in two continents. Portion of Istanbul lies in Europe and other portion lies in Asia. European and Asian parts of Istanbul are separated by a strait known as Bosphorous strait. Historically, ..