Current Affairs – January 2018

Current Affairs – January 2018 with Latest Current Affairs for Banking, SSC, CLAT, UPSC, State PCS, IBPS and other Competitive Examinations. Current Affairs Today – January 2018 with news summary on current events of national and international importance.

India 6th wealthiest country: New World Wealth Report

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 includes all their assets (property, cash, equities, business interests) less any liabilities. However it excludes Read More…

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Thar Link Express receives extension for three more years

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 and carries only passengers. Thar Link Express is Indian portion of international passenger train operated Read More…

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INS Karanj: Third submarine of Scorpene class launched

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 older submarine as per Indian naval tradition that was in operation from 1969 to 2003. Read More…

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Government launches GeM 3.0

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 search engine, real time price comparison, template-based Bid and RA creation, demand aggregation, e-EMD, e-PBG, Read More…

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Mihir: High performance computing facility inaugurated at Noida

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 HPC facility in terms of peak capacity and performance. It also propelled India’s ranking to Read More…

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

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 will be used to finance the construction of 6,254 kilometres all-weather rural roads in these Read More…

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