20-01-2015 IMPORTANT CURRENT AFFAIRS.. 1..India’s growth to reach 6.3 per cent in 2016: UN WESP report According to the United Nations World Economic Situation and Prospects (WESP) 2015 report, India’s growth in terms of GDP is expected to reach 5.9 per cent in 2015 and 6.3 per cent in 2016.Key highlights of report India: Its growth recovery is partly the result of improved market sentiment after the new government took office in the second quarter of 2014 and had announced plans to reform the bureaucracy, labour laws and public subsidies. 2..Hyderabad to host World Congress on Information Technology in 2018 Hyderabad will host the World Congress on Information Technology (WCIT) in 2018. This will be the first WCIT to be held in India and the theme of the 2018 WCIT will be Future of enterprises. 3..IIT, ONGC ink MoU to develop indigenous technologies to enhance oil exploration Indian Institute of Technology (IIT) and the Oil and Natural Gas Corporation (ONGC) have signed a Memorandum of Collaboration to develop indigenous technologies to enhance oil exploration. It was signed in the presence of the Union Minister of Human Resource Development Smriti Irani and the Minister of State for Petroleum and Natural Gas Dharmendra Pradhan in New Delhi. 4..Singapores GIC to invest Rs 1,020 crore in Bandhan Financial Services iSingapores sovereign wealth fund GIC is investing 10.2 billion rupees ($165.5 million) in Indias Bandhan Financial Services, which is setting up one of the countrys two newest banks The company will get a total equity investment of 16 billion rupees, including 5.8 billion rupees from existing investor IFC 5..Indias NSIC inks MoU with Black Business Council (South Africa) for developing youth owned enterprises in South Africa.NSIC will set up 5 Rapid Incubation Programme with objective to economically empower the marginalized group in the rainbow-nation.NSIC is a public sector enterprise under the Ministry of MSME. 6..Four ICG vessels commissioned by Defence Minister at Mormugao Port of Vasco Four new Indian Coast Guard (ICG) vessels were commissioned at Mormugao Port of Vasco in Goa by Union Defence Minister Manohar Parrikar. Names of these vessels are ICG Amogh and ICG Ameya and two interceptor boats Charlie 413 (C-413) and Charlie 414 (C-414). 7..Twitter buys Indian mobile marketing start-up ZipDial Twitter Inc said it will buy Indian mobile phone marketing start-up ZipDial, reportedly for $30 million to $40 million, as the U.S. microblogging service looks to expand in the worlds second-biggest mobile market. 8..TCS ends RILs 23-year run as most profitable firm After 23 years, India has a new numero uno when it comes to net profit Information technology major Tata Consultancy Services (TCS) posted a net profit of Rs 5,328 crore for the quarter ended December, overtaking long-standing champion Reliance Industries Ltd.
Posted on: Wed, 21 Jan 2015 04:59:37 +0000
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