General Awareness

Daily G.K. - Top Stories

05 Jan 2016

INTERNATIONAL AFFAIRS

China Manufacturing Worsens

As per a private survey, China`s factory activity shrank further in December, the 10th consecutive month of contraction with the world`s second-largest economy set to post its weakest growth in a quarter of a century.
The Caixin Purchasing Managers` Index (PMI), tracking activity in the factory and workshop sector, came in at 48.2 in December, down from 48.6 the previous month.
The sector is key to the health of the economy which is a major driver of global expansion. A PMI figure above 50 signals expanding activity while anything below indicates shrinkage.

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ENVIRONMENT

Methane Emissions from Northern Lakes

The release of methane from northern lakes and ponds needs to be taken seriously. These waters are significant, contemporary sources because they cover large parts of the landscape. They are also likely to emit even more methane in the future.
With climate warming, particularly at high northern latitudes, longer ice-free seasons in combination with permafrost thaw is likely to fuel methane release from lakes, potentially causing their emissions to increase 20-50 precent before the end of this century. Such a change would likely generate a positive feedback on future warming, causing emissions to increase even further.

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BUSINESS AND ECONOMY

Ratan Tata and Ronnie Screwala Invest in DogSpot.in

Top industrialist Ratan Tata has invested in pet care portal DogSpot.in, continuing the slew of investments he has made in various startups globally. However, the value of the investment was not disclosed.
Ratan Tata has invested an undisclosed amount in DogSpot.in. Ronnie Screwala also invested in this round along with a few new and existing investors. The other investors in this round include Ashok Mittal, Rishi Parti, Dheeraj Jain and Abhijeet Pai.

Hero Cycles Sells Record 6 Lakh Units

Hero Cycles sold over six lakh units last month, an increase of 20 per cent as compared to December 2014.
The sales registered in December 2015 is the highest one-month sale in the history of the bicycle industry by any cycle company in India.
The domestic bicycle market is on renewal path with a fresh surge in the premium product category as well as strong sales in rural and semi urban areas.

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NATIONAL AFFAIRS

Wipro Reshuffled its Top Management

Wipro reshuffled its top management, appointing Abid Ali Neemuchwala as the new Chief Executive in place of T. K. Kurien, who has been elevated as Executive Vice Chairman.
Neemuchwala, who joined Wipro as group President and Chief Operating Officer from Tata Consultancy Services in April last year, will assume his new role from February 1.
He will also be a member of the board of the company.

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General Awareness

Daily G.K. - Top Stories

05 Jan 2016

INTERNATIONAL AFFAIRS

China Manufacturing Worsens

ENVIRONMENT

Methane Emissions from Northern Lakes

BUSINESS AND ECONOMY

Ratan Tata and Ronnie Screwala Invest in DogSpot.in

Hero Cycles Sells Record 6 Lakh Units

NATIONAL AFFAIRS

Wipro Reshuffled its Top Management

Share on

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