DAILY CURRENT AFFAIRS 18 JANUARY 2019

National News

PM Modi 3-Day Visit to Gujarat: Complete Highlights 

i. Prime Minister Narendra Modi was on a 3-day visit to Gujarat. He attended/inaugurated various initiatives at the different venues.

ii. Here are the complete highlights of the visit of PM Modi to Gujarat:

1. PM Modi Inaugurates the Ahmedabad Shopping Festival-2019

2. PM unveils Vibrant Gujarat Global Trade Show in Gandhinagar

3. PM Modi to inaugurate 9th edition of Vibrant Gujarat Summit today

Useful Info-

  • Om Prakash Kohli is the present Governor of Gujarat. 
  • Hamisar Lake in Bhuj town is the Largest Man Made lake in Gujarat. 

BES EXPO 2019 Begins In New Delhi

i. Information and Broadcasting Secretary Amit Khare and TRAI Chairman RS Sharma inaugurated the 25th International conference and exhibition on terrestrial and satellite broadcasting, BES EXPO 2019in New Delhi. The theme for this exhibition is Next Gen Broadcasting in the IT World. 

ii. Nearly 300 companies from 25 countries are displaying their products at the Expo.

Dr. Jitendra Singh Inaugurated UNNATI Programme of ISRO in Bengaluru

i. Minister of State in Department of Space, Dr. Jitendra Singh inaugurated the UNNATI (Unispace Nanosatellite Assembly & Training) programme organized by ISRO in Bengaluru, Karnataka. 

ii. UNNATI, a capacity building programme on Nanosatellite development, is an initiative by ISRO to commemorate the 50th anniversary of the first United Nations conference on the exploration and peaceful uses of outer space (UNISPACE-50).

Useful Info-

  • K Sivan is the present Chairman of ISRO.
  • ISRO Established in: 1969, Headquarters in: Bengaluru.

2nd World Orange Festival Begins In Nagpur

i. The second World Orange Festival has begun in Nagpur. The festival, while offering its famed oranges to the world, will also showcase and brand the exquisite fruit in order to boost its export

ii. Agricultural experts and scientists from various countries will participate in the workshops and guide farmers.

Suresh Prabhu Inaugurates 10th Edition of India Rubber Expo 2019

i. Union Minister for Commerce and Industry, Suresh Prabhuinaugurated the 10th edition of the India Rubber Expo – 2019 in Mumbai.

ii. The three-day event being held at the Bombay Exhibition Centre is one of the most anticipated events in the rubber industry’s calendar.


Awards

Vinesh Phogat Becomes First Indian Athlete To Be Nominated In Laureus World Comeback of Year Award

i. Ace Indian female wrestler Vinesh Phogat has become the first Indian athlete to receive a nomination in the prestigious Laureus World Comeback of the Year Award. She has been nominated alongside US Tour Championship winner Tiger Woods, who won his first tournament in five years.

ii. The 24-year-old Vinesh from Haryana made a sensational comeback after battling a long injury lay-off to win a gold medal at the Gold Coast Commonwealth Games and Jakarta Asian Games.

Dr. Rattan Lal Honoured With 2019 Japan Prize

i. The Japan Prize Foundation announced India born professor Dr. Rattan Lal, University Professor of Soil Science at The Ohio State University in Columbus, Ohio, U.S.A, as the recipient of the 2019 Japan Prize for his contributions in the field of “Biological Production, Ecology”.

ii. Dr. Yoshio Okamoto was announced to be the recipient of the 2019 Japan Prize on of “Materials and Production” field. A cash award of 50 million Japanese yen (approximately $450,000 USD) will also be given to each prize field.

Useful Info-

  • Japan Capital: Tokyo, Currency: Japanese yen.

Business/Economy News

Reliance Retail, Jio to Launch New e-Commerce Platform

i. Reliance Industries Ltd Chairman and managing director Mukesh Ambani announced that group companies Reliance Retail and Reliance Jio Infocomm would jointly launch a new e-commerce platform in the country.

ii. Gujarat would be the first state to get it. The announcement was made at the inauguration of the three-day Vibrant Gujarat summit. 

Ranks and Reports

GDP To Be A Tad Higher To 7.5% In FY20: India Ratings 

i. India Ratings and Research (Ind-Ra), a Fitch Group Company,estimated India’s GDP growth could touch 7.5 % in the financial year 2019-20 as against 7.2 % during current fiscal i.e. 2018-19.

ii. India Ratings believes investments are slowly but steadily gainingtraction with gross fixed capital formation growing 12.2 % in FY19 and projected to clock 10.3 % in FY20.

Useful Info-

  • Fitch Rating company Headquarter: New York, Founder: John Knowles Fitch.

The Global Risks Report 2019 Released By World Economic Forum 

i. The World Economic Forum released the 14th edition of its annual Global Risk Report, 2019. The report’s findings are based on the annualGlobal Risks Perception Survey, in which nearly 1,000 decision-makers from the public sector, private sector, academia, and civil society assess the risks facing the world.
ii. The report was released ahead of the World Economic Forum’s Annual Meeting in DavosTrade tensions, cyber and technological threats,rising geopolitical and geo-economic tensions, and environmental degradation dominated the list.

Useful Info-

  • World Economic Forum Headquarters: Geneva, Switzerland.
  • Founder and Executive Chairman: Mr. Klaus Schwab.

Sports News

India 1st Away Team To Win Bilateral Series in All Formats in Australia

i. India defeated Australia in the third ODI today to clinch the three-match series 2-1.

ii. With this, India became the first visiting side to win a bilateral series (two or more matches) in all three formats in Australia. 

 

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