24 August 2018 Current Affairs


24 August 2018 Current Affairs

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SBI expects Q1 GDP growth at 7.7%
The country’s GDP is expected to grow by 7.7% in the April-June quarter on the back of a pick-up in leading indicators like cement production, sale of vehicles and bank credit, according to State Bank of India (SBI).

Japan to be ‘Country Partner’ for Make in Odisha 2018
The Odisha Government has tied up with Japan for its mega investment Conclave 2018 to take place in November this year. The state has already identified 600 acres near capital city Bhubaneswar that could serve as a dedicated industrial park for Japanese investors.

European wind survey satellite ‘Aeolus’
Europe launched a rocket named ‘Aeolus’ from French Guyana. This satellite will be put into orbit at an altitude of 320 kilometres (200 miles) above the Earth which will track global winds, allowing for improved weather forecasting.

Arun Jaitley resumes charge as Minister of Finance
Union minister Arun Jaitley has resumed charge of the ministries of finance and corporate affairs after a hiatus of over 100 days, during which he underwent a surgery for kidney ailment.

 Treasurer Scott Morrison elected new PM of Australia
Treasurer Scott Morrison has been elected the new Prime Minister of Australia after winning an internal vote of 45-40 against former Home Affairs Minister Peter Dutton.

PV Sindhu seventh in Forbes list of highest paid women sportspersons
India’s ace Shuttler and Rio Olympics silver medallist PV Sindhu (23) was ranked seventh on Forbes list of highest-earning women sportspersons in the world.

Reliance Power unit wins international arbitration award
Reliance Power said its wholly-owned subsidiary Reliance Power Netherlands BV has won an international arbitration award of $56 million (Rs 390 crore).

Sr Congress leader Gurudas Kamat dies at 63
Gurudas Kamat, former Union minister and senior Congress leader, passed away after suffering a cardiac arrest. He was 63.


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