Current Affairs for SSC CGL Exams - 15 September 2018

SSC CGL Current Affairs


Current Affairs for SSC CGL Exams - 15 September 2018


::NATIONAL::

Doklam final report commends governments role in handling the crisis.

  • A report by the parliamentary panel on External Affairs, headed by Congress leader Shashi Tharoor, has expressed concern that Chinese infrastructure built close to the India-Bhutan-China tri-junction has not been dismantled, but “commended” the overall handling of the Doklam crisis by the Narendra Modi government.
  • The members objected to reproduction of the testimony of the Foreign Secretaries verbatim since it could have revealed some deficiencies in the Indian approach.
  • The tone and tenor of the report is distinctly different from the critical views expressed by many members during the deliberations. During the debate, the Congress members on the committee, including party president Rahul Gandhi, expressed concern that a setback has been spun by the government as a victory.

::ECONOMY::

CSRI report says Indian family owned businesses best in Asia

  • Indian family-owned businesses are among the best in Asia, accounting for more than 50% of the top 30 performers in terms of growth and profitability.
  • Further, with a total of 111 companies and a market capitalisation of $839 billion, India is the third largest market globally in terms of number of family-owned companies, according to a latest study.
  • Shares of Indian family-owned companies generated an average annual return of 13.9% since 2006, compared to 6% recorded by their non-family-owned peers, and such Indian firms, on an average, generated some of the highest absolute cash flow returns on investment across Asia-ex Japan group, showed an analysis by Credit Suisse Research Institute (CSRI).

WPI inflation falls on cheaper goods

  • Inflation-based on wholesale price index (WPI) eased to 4.53% in August on account of decline in the prices of food commodities such as vegetables and pulses.WPI inflation stood at 5.09% in July and 3.24% in August last year.
  • As per data released on Friday, food articles registered deflation at 4.04% during the month under review while deflation in vegetables, pulses and fruits was 20.18%, 14.26% and 16.40%, respectively.Inflation in the ‘fuel and power’ basket was 17.73%.

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::INTERNATIONAL::

Vice president asks Indian diaspora to deepen India-serbia relations

  • The Vice President of India, Shri M. Venkaiah Naidu asked Indians living in Serbia to play a key role in deepening India-Serbia relations. He was interacting with the Indian Community in Belgrade, Serbia on his arrival today. The Minister of State for Finance, Shri Shiv Pratap Shukla, the Ambassador of India to Serbia, Shri Subrata Bhattacharjee and other dignitaries were present on the occasion.
  • Calling the Indian Diaspora as unofficial ambassadors of India to Serbia, the Vice President asked them to play an important role in deepening India’s relationship with Serbia. You are the face of India in Serbia exemplifying to the people you interact with, the mind and heart of Bharat. You are the valuable human resource for India bringing in new Knowledge, skills and attitudes to accelerate India’s growth, he said.
  • Talking about cultural ties and people to people contact, the Vice President said that he was impressed to learn about the interest of Serbian people in Indian culture, particularly in Yoga and Ayurveda.

::SCIENCE & TECHNOLOGY::

IAF prepares for 2022 space mission

  • The Indian Air Force and its arms are fully geared up for supporting the first Indian human space mission of 2022, IAF chief Air Chief Marshal B.S.Dhanoa said on Friday.
  • Coming at a short notice, the Human Space Flight Programme or HSP is daunting and throws a different kind of challenge at the IAF, he said. "We have in-house capabilities at the Institute of Aerospace Medicine [IAM]; we have selected our cosmonauts in the past. IAM will play a key role in human engineering support and the development of the space crew capsule. It is fully geared up to whatever tasks it must do," Air Chief Marshal Dhanoa said at the institute's annual aerospace medicine conference.

::SPORTS::

Indian shooters triumph

  • The Indian shooters finished with a rich collection of 11 gold, nine silver and seven bronze medals to take the third spot behind China and Korea in the 52nd World shooting championships which concluded on Friday.

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