As per IMF's latest World Economic Outlook Update,China is next with 8.1% growth in 2021 followed by Spain 5.9% & France 5.5%.India’s economy is projected to grow by 6.8% in 2022 and that of China by 5.6%.In 2020,Indian economy contracted by 8%.
IMF:
MD:Kristalina Georgieva;
Chief Economist: Gita Gopinath.
HSBC is one of earliest global financial institutions setting up a branch at GIFT City and first bank to get a licence from the newly set up International Financial Services Centres Authority (IFSCA).UK based HSBC has been present in India for 160 years.
HSBC Bank India:
CEO:Surendra Rosha;
HQ:Mumbai.
A graduate of Brown and Yale,Yellen has taught economics at some of world's most prestigious universities.She is best known for her tenure as Chair of Federal Reserve, overseeing a period of falling unemployment & steady economic recovery from 2008 crisis
Confirmed by Senate in a broad bipartisan support of 84-15 votes
The theme guiding Holocaust remembrance and education in 2021 is "Facing the Aftermath: Recovery and Reconstitution after the Holocaust".Since 1996,survivors of Nazi regime and world leaders are invited to address the German Bundestag each year on Jan 27.
Holocaust Remembrance Day marks 25 years this year.
Under the scheme,transport vehicles older than 8 years could be charged green tax at renewal of fitness certificate at 10 to 25% of road tax.Vehicles like strong hybrids,electric vehicles,those running on alternate fuels,vehicles used in farming exempted.
Revenue collected will be used for tackling pollution.
Shareholders of the Kerala-based bank had voted against MD & CEO Sunil Gurbaxani On September 30, 2020 & appointed Shivan J K but RBI had asked the Bank Board to get shareholders’ approval before appointing Shivan J Kas the next chief of the bank.
The bank is currently managed by a committee of directors.
Fresh appeals against the orders of the Benches of the tribunal having jurisdiction in Karnataka, Tamil Nadu, Kerala, Andhra Pradesh and Telangana and the Union Territories of Lakshadweep and Puducherry will have to be filed before the Chennai Bench.
This will be the second NCLAT Bench in India.
The former director of Central Institute for Cotton Research (CICR), Nagpur, Kranthi will now lead technical collaborative projects globally.Served as Head of Technical Services for the ICAC since 2017.ICAC is global cotton research and advisory body.
ICAC formed in 1939;
HQ:Washington DC.
Prasanta made his national debut in 1999 against Thailand in the Olympic qualifiers.He donned the national colours again in tournaments like SAFF Cup and SAF Games and earned a total of five international caps.
Represented Bengal in the Santosh Trophy.
He played for East Bengal,Mohun Bagan and Mohammedan Sporting.
Repco Bank renders services to rehab & upliftment of repatriates from Burma and Sri Lanka. The awards include women leader of the year award for Repco Bank MD RS Isabella, Best Digital Bank Award, and Best Fraud Control Initiative among co-operative banks.
Repco Headquarters T. Nagar, Chennai. Founded in 1969.
With the completion of construction of a 3,300-metre-long airstrip near Kurebhar on Purvanchal Expressway, Uttar Pradesh has become the first state in India with two airstrips on expressways to facilitate emergency landing and take-off of fighter planes.
The Lucknow-Agra Expressway in UP also has an airstrip.
The e-EPIC is a secure portable document format (PDF) version of the EPIC which can be downloaded on mobile or in a self-printable form on the computer.Voter can store the card on his/her mobile,upload it as a PDF on Digi locker or print it & self-laminate
'PV' physical voter card would continue to be in use.
Funds will be used by DBS Bank India to meet its short-term funding needs after the acquisition of Lakshmi Vilas Bank (LVB).This funding may be charged with interest rates close to or linked to the repo rate, at which the RBI usually lends to banks.
DBS Bank India:
CEO:Surojit Shome;
HQ:Mumbai.
It is estimated that about 70,000 MT of steel will be used for the fabrication of the 4.5km bridges for the Mumbai-Ahmedabad High Speed Rail Corridor.In total, 28 steel bridges with individual spans varying from 60 metre to 130 metre will be constructed.
The bullet train will be India's first high-speed rail line
Eight of the 10 countries most affected between 2000 and 2019 are developing countries with low or lower middle income per capita. India ranked as the seventh worst-hit country in 2019. Due to cyclone 'Idai' Mozambique and Zimbabwe topped the list.
Germanwatch is Bonn-based environmental think tank.
Winners are translator Dr SA Vengada Soupraya Nayagar & publisher Amutharasan Paulraj of Thadagam Publishers.Romain Rolland Book Prize,started in 2017, aims at awarding best translation of a French title into any Indian language,including English.
This is 12th edition of the Apeejay Kolkata Literary Festival.
The 19th Dhaka International Film Festival concluded recently.Kyrgyz film ‘The Road to Eden’ jointly directed by Bakyt Mukul and Dastan Zhapar won the best film award at the festival.A new section this year: ‘World Leaders who changed society'.
226 films from 73 countries were shown
In the year-ago period, companies in India had invested $2.51 billion in their foreign firms (joint ventures / wholly-owned units).In November 2020, the total outward foreign direct investment (OFDI) was $1.06 billion, down by 27% from a month-ago period.
$775.41 million was in the form of equity infusion.
The project for 40 electric buses is being executed by NTPC Vidyut Vyapar Nigam Limited(NVVN Limited), a 100% subsidiary of NTPC Limited, a PSU under Ministry of Power.The buses will help cut down tailpipe emissions & provide comfortable public transport.
LG of Andaman is D K Joshi.
It aimed to increase security on the borders in Jaisalmer.The operation will continue till January 27 with an aim that there is no intrusion.The enhanced security came ahead of Republic Day.Special police checkpoints along the border will also be set up.
BSF runs Operation "Garam Hawa" in summer season as routine.
During the 14th meeting of the India-United Kingdom Joint Working Group on Counter-Terrorism held, both the countries have strongly condemned all forms of terrorism and its manifestations.Reviewed threats posed by the UN's proscribed terrorist's entities.
Minister of External Affairs:Subrahmanyam Jaishankar
Sunderbans,covers 4,200 sq km, is part of the largest mangrove forest in the world & also a world heritage site & a Ramsar Site.India has 1300 bird species. 428 birds include Masked Finfoot and Buffy fish owl which are recorded only from the Sunderbans.
9 out of 12 species of kingfishers in India are found here.
The initiative was launched in a move to help students learn about historical experiences.Yerawada jail is 150 years old where several freedom fighters, including Mahatma Gandhi, Lokmanya Tilak were imprisoned,Pune-pact was signed within the premises etc.
Maharashtra:
CM: Uddhav Thackeray;
Governor:B S Koshyari.
