Current Affairs 2019 - Current Affairs Today

India’s GDP Forecasts by Fitch Ratings

In it’s Global Economic Outlook report, Fitch Ratings has cut India’s economic growth forecast for the next financial year 2019-20 starting from April 1 to 6.8 per cent from its previous estimate of 7 per cent, on the account of weaker than expected momentum in the economy. GDP Forecasts Even though Fitch Ratings has reduced Read More…

107th Bihar Diwas

Bihar Diwas was celebrated on March 22nd across the state to commemorate the day when Bihar was carved out of the Bengal Presidency in the year 1912. March 22nd 2019 was the 107th foundation day of the state. ContentsBihar and Bengal PresidencyBihar Diwas Bihar and Bengal Presidency The British East India Company emerged victorious in Read More…

Centre Bans Jammu Kashmir Liberation Front (JKLF) Under UAPA

The Central Government has banned the Yasin Malik-led Jammu Kashmir Liberation Front (JKLF) as an unlawful association under the provisions of Unlawful Activities Prevention Act (UAPA). ContentsJammu Kashmir Liberation FrontUnlawful Activities (Prevention) Act (UAPA), 1967 Jammu Kashmir Liberation Front Jammu Kashmir Liberation Front (JKLF) is spearheading the separatist ideology in the Kashmir valley and has Read More…

Proceeds from Disinvestments exceeds Target

The proceeds from the disinvestments have exceeded the disinvestment target for the fiscal 2018-19 by Rs 5,000 crore taking the total proceeds to Rs 85,000 crore against the targeted Rs 80000 Cr. ContentsDisinvestmentsFinancial Year: Proceeds from Disinvestment Disinvestments Disinvestment refers to the process of public asset sales by the government of India. Industrial Policy provides that Read More…

Implementation of Indian Accounting Standards deferred by RBI

The Reserve Bank of India (RBI) has deferred the implementation of new accounting rules, Indian Accounting Standards (Ind AS) for banks till further notice. This is the second extension provided by the RBI. Earlier in April 2018, RBI had postponed the implementation of Ind AS by the banks by one year. RBI has reasoned that Read More…

Japan donates $69 million to the United Nations World Food Programme

Japan has donated $69 million to the United Nations World Food Programme to provide vital aid to 28 countries in the Middle East, Africa, and Asia, with the biggest shares of the money being earmarked for Yemen and Iraq. World Food Programme World Food Programme is a leading humanitarian organization saving lives and changing lives, delivering food assistance Read More…

India extends Financial Grant for building educational campus in Nepal

India has extended a financial grant of 35.5 million Nepalese rupees for the construction of an educational campus in Nepal under the Development Partnership Programme. Development Partnership Programme The Development Partnership Programme is administered by the Development Administration Partnership division in the Ministry of External Affairs. India has a long history as a provider of Read More…

Superstats Launched

Researchers from Indian Institute of Technology Madras (IIT-M), Gyan Data (an IIT-M incubated company) together with experts from ESPNcricinfo have launched Superstats, a new metrics to analyse the game of cricket. Superstats Superstats comprises of three metrics: Luck Index, Forecaster, and Smart Stats. Superstats which is based on data science also ventures into new territories Read More…