Daily Current Affairs: December 13, 2016

India Signs Grant Agreement with the IBRD for USD 5.19 million

The agreement has been signed with IBRD (International Bank for Reconstruction and Development) for Additional Financing for Financing Energy Efficiency at MSMEs Project- Programmatic Framework for Energy Efficiency.

Indo Russian Bilateral Naval Exercise (Indra Navy 2016)

The 9th edition of exercise INDRA NAVY, an annual bilateral maritime exercise between Indian Navy and Russian Navy will be conducted in the Bay of Bengal from 14 to 21 December 2016.

India ranks 4th most vacation deprived country globally

After Spain (68 per cent), UAE (68 per cent), Malaysia (67 per cent) and South Korea (64 per cent), India (63 per cent), is ranked as the fourth most vacation deprived country globally as 63 per cent take fewer days of the vacations that they get.

India’s current account gap in Q2 (July-Sept) at 0.6% of GDP

The current account deficit (CAD) narrowed by more than a percentage point to 0.6 per cent of GDP at USD 3.4 billion in the July-September on account of lower trade deficit.

National Resource Centre for Tribal Livelihood to be launched

Union Ministry of Tribal Affairs in collaboration with UNDP and National Scheduled Tribes Finance and Development Corporation (NSTFDC) will launch “Vanjeevan” the National Resource Centre for Tribal Livelihood issues at Bhubaneswar, Odisha on December 22, 2016.

Punjab’s first amphibious bus floats in Harike lake

Punjab government has launched an amphibious bus that will float in Harike lake in Tarn Taran district of Punjab.

First-ever ISRO exhibition to be held in Odisha

Tata Steel in collaboration with Pathani Samanta Planetarium (PSP) has brought the much acclaimed Vikram Sarabhai Space Exhibition of the Indian Space Research Organisation (ISRO) for the first time to Odisha. The week-long exhibition was inaugurated at the Pathani Samanta Planetarium.

Rajiv Gandhi airport achieves carbon neutral status

The Rajiv Gandhi International Airport (RGIA), Hyderabad has achieved carbon neutral status. It is the first in the Asia-Pacific region in the 5-15 million passengers per annum category to attain this status.

Seventh Indo- Maldives joint military exercise to commence from 15 dec

Seventh edition of Exercise EKUVERIN will be held from 15 to 28 Dec 2016 at Kadhdhoo, Laamu Atoll, Maldives.

Yes Bank, Grofers tie up to deliver cash at doorstep

Extending facility to deliver cash at doorstep, Yes Bank has now tied-up with e-grocer Grofers allowing customers to get cash of up to Rs 2,000 when they order grocery online.

Banks get Rs 12.44 lakh crore in old notes till Dec 10: RBI

RBI said banks have garnered Rs 12.44 trillion (Rs 12.44 lakh crore) in banned notes in one month (till December 10 from November 10), while they have issued Rs 4.61 trillion to them since the demonetisation drive began.

World Bank ‘pauses’ Indus treaty processes of India, Pakistan

In a significant development, the World Bank has paused the separate processes initiated by India and Pakistan under the Indus Waters Treaty to allow the two countries to consider alternative ways to resolve their disagreements.

ADB slashes India’s 2016 growth estimate to 7%

The Asian Development Bank (ADB) on Tuesday trimmed its 2016 growth estimate for India to 7 per cent from the previous 7.4 per cent on account of demonetisation, weak investment and agricultural slowdown. But India’s growth forecast for 2017 was kept at 7.8 per cent.

Asian Development Bank trims growth forecast for Asia due to slowdown in India

In a supplement to its Asian Development Outlook 2016 Update report, ADB has downgraded 2016 growth for Asia to 5.6 per cent, below its previous projection of 5.7 per cent due to a slight slowdown in India, one of developing Asia’s biggest economies. For 2017, growth remains unchanged at 5.7 per cent.

Malaysia enthrones new king Sultan Muhammad V

Two Indians in US’ Richest Entrepreneurs Under 40 list: Forbes

Two Indian-origin men have figured in Forbes magazine’s second annual list of wealthiest entrepreneurs under the age of 40 which is topped by Facebook founder Mark Zuckeberg.

  • Vivek Ramaswamy, a successful biotech entrepreneur has been ranked 24th on ‘America’s Richest Entrepreneurs Under 40 2016’ list with a networth of 600 million dollars.
  • Apoorva Mehta stands at 31st spot with a 360 million dollars networth.

Tajikistan Prez to start five day India visit from tomorrow

President of Tajikistan Emomali Rahmon will arrive on a five-day visit to India tomorrow. This will be the sixth visit of President Rahmon to India. He will arrive in New Delhi on the 16th after visiting Kerala.

Pokémon GO is finally coming to India with Reliance Jio

Nearly five months after launch, Pokémon GO is finally coming to India — officially that is. Reliance Jio has partnered with Niantic to bring the popular augmented reality mobile game to our shores.

Google to install its servers in Cuba for the first time

Google and the Cuban government have signed a deal allowing the internet giant to provide faster access to its data by installing servers on the island that will store much of the company’s most popular content.

Pankaj Advani wins World Billiards Championships title

Pankaj Advani won his 11th World Billiards (150-Up format) Championships title by beating Peter Gilchrist of Singapore in the summit clash

Cristiano Ronaldo voted best footballer in the world for 4th time

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