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Category: All Current Affairs

World Human Rights Day: 10 December

December 10, 2020
World Human Rights Day
  • Human Rights Day is observed on 10 December every year across the world. This Day came into existence on December 10, 1948, when the Universal Declaration of Human Rights was adopted by the United Nations.
  • This year theme of Human Rights Day: Recover Better – Stand Up for Human Rights.

Madagascar substitutes Maldives as host of 2023 Indian Ocean Island Games

December 10, 2020
Indian Ocean Island Games
  • Madagascar has taken place the Maldives as the host of the 2023 Indian Ocean Island Games because of concerns over the COVID-19 pandemic.
  • The event had been conferred to the Maldives last year, but members of the Indian Ocean Island Games Federation voted to move the Games to Madagascar.

World Economic Forum 2021 to be held in Singapore

December 10, 2020
World Economic Forum
  • The World Economic Forum (WEF) has finalized to host its 2021 yearly meeting in Singapore, which earlier was planned to take place in Lucerne-Burgenstock, Switzerland from 13-16 May 2021.
  • The decision to shift the yearly forum from Switzerland has been taken in view of the Covid-19 situation in Europe.

Finance Minister Nirmala Sitharaman stands at 41 on Forbes 2020 list

December 10, 2020
Nirmala Sitharaman
  • Finance Minister Nirmala Sitharaman has stood on the 41st spot in the 2020 list of Forbes 100 most powerful women in the world.
  • This is the second time she features in the list, in 2019 stood at 34 and ranked 41st in 2020.
  • India’s leading Businesswomen, Kiran Mazumdar-shaw, Chairman of Biocon Limited also featured in the list at 68th position.

Annika Sorenstam appointed as president of the International Golf Federation

December 10, 2020
Annika Sorenstam
  • The International Golf Federation (IGF) designated Annika Sorenstam as its new president effective January 1, 2021.
  • IGF President, Peter Dawson, is stepping down after 10  years of leadership and service.  Sorenstam, a 72-time winner on the LPGA Tour and former No. 1 from Sweden.

Zena Wooldridge designated as World Squash Federation President

December 10, 2020
Zena Wooldridge
  • Zena Wooldridge from England has been chosen as the World Squash Federation President. She will become the 10th WSF President to work since the Federation’s inception in 1967.

Nomura expects India to be the fastest-growing Asian economy in FY21

December 10, 2020
Nomura
  • The Japanese research and brokerage house Nomura has predicted India to be the fastest-growing Asian economy in 2021.
  • Nomura has approximated the gross domestic product (GDP) growth of India for the calendar year 2021 (CY21) at 9.9%. For the calendar year 2020 (CY20), Nomura expects GDP growth at -7.1 percent.

Fitch Ratings drops India’s GDP contraction at 9.4% for FY21

December 10, 2020
GDP
  • Fitch Ratings has updated the GDP growth rate for India in its Global Economic Outlook, and now expects the economy to contract 9.4 percent in the current financial year 2020-21, as compared to (-)10.5 percent forecast earlier.

BoB starts Atmanirbhar Women Gold Scheme

December 10, 2020
bank of baroda
  • Bank of Baroda (BoB) has recently started the Atmanirbhar Women Scheme as part of its Baroda Gold Loan.
  • This scheme strives to target the self-reliant woman in India. Under the scheme, the bank is offering loans at 0.50 percent concession for women.

Kuwait emir reappoints Sheikh Sabah Al-Khalid as prime minister

December 10, 2020
Sheikh Sabah al-Ahmad-al Sabah
  • Kuwait Emir Sheikh Nawaf Al-Ahmad Al-Sabah has re-appointed Sheikh Sabah Al-Khalid Al-Sabah as their prime minister.
  • The move appears two days after Sheikh Sabah submitted his government’s resignation in a procedural step following parliamentary polls.