- 1 According to the Central Statistics Data- India’s Economy grows 7.7% in 4th Quarter
- 2 Upgraded Pinaka Rocket successfully test-fired
- 3 Indian Oil – most profitable PSU for 2nd Year in a row
- 4 US Pacific Command Renamed as Indo- Pacific Command
- 5 Facebook partners with NCW to offer digital literacy programme for women
- 6 Latest Current Affairs
According to the Central Statistics Data- India’s Economy grows 7.7% in 4th Quarter
The Indian Economy grows 7.7% in 4th Quarter of 2017-18, according to the Central Statistics Data.
India’s GDP grew 5.6%, 6.3%, and 7% in the first three quarters of 2017-18 respectively.
The Indian Economy comprises of the Manufacturing, Construction, and Service Sectors as well as Good Farm Output, contributed the overall growth.
Upgraded Pinaka Rocket successfully test-fired
An upgraded version of Pinaka Rocket was successfully test-fired from Chandipur in Odisha by the DRDO (Defence Research and Development Organization).
The Upgraded Pinaka Rocket has an enhanced range and includes a guidance system. The older system had no guidance system.
The Navigation, Guidance and Control Kit have been developed by the Research Centre, Imarat (RCI) Hyderabad.
The Upgraded version has a better range and accuracy. The range has been improved to 70 Km from 40 Km earlier.
Indian Oil – most profitable PSU for 2nd Year in a row
Indian Oil is the India’s most profitable stat owned company for the second straight year.
Indian Oil posted a record profit of Rs 21, 346 Crore in 2017-18. The Company was followed by ONGC, which posted a profit of Rs 19, 945 Crore.
The most profitable company for the third consecutive year is Reliance Industries with the highest ever profit of Rs 36, 075 Crore.
US Pacific Command Renamed as Indo- Pacific Command
The United States has renamed its oldest and largest Military Command, US Pacific Command, or PACOM, to Indo- Pacific Command according to the US Defence Secretary Jim Mattis.
The decision has been taken in recognition of the growing importance of the Indian Ocean is US Strategic Thinking. The Trump Administration has also renamed Asia- Pacific and identified India as one bookend of the region.
Facebook partners with NCW to offer digital literacy programme for women
Facebook has partnered with National Commission for Women (NCW) to launch a Digital Literacy Programme in collaboration with the Cyber Peace Foundation (CPF).
The Awareness Training Programme will be conducted for 60, 000 women in Universities across major cities, as part of the company’s digital literacy programme.
Facebook will provide training on safe and responsible use of the Internet and Social Media and email.
One of the main aims of this programme is to allow people to differentiate between the credible and questionable information.