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Daily G.K. - Top Stories

13 Apr 2016

INTERNATIONAL AFFAIRS

North Korea Accuses South of Abduction

  • North Korea has accused South Korea of abducting its citizens in China.
  • As per reports, the abduction of its citizens was an unacceptable provocation and it demanded their return.
  • The two Koreas have been fierce rivals since the 1950-53 Korean War and about 29,000 people had fled from North Korea and arrived in the South, since then.
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BUSINESS AND ECONOMY

India Offers Stakes to UAE

  • India has offered UAE stakes in petrochemical plants and refinery projects as it seeks to boost energy ties with the cash-rich Gulf nation.
  • India offered 26 per cent stake in the $700 million in state-owned Oil and Natural Gas Corp's (ONGC) about-to-be-commissioned petrochemical project at Dahej in Gujarat.
  • UEA makes up for 8 per cent of our oil imports.
  • India-UAE trade has increased phenomenally in the last half a century. The trade, valued at $180 million per annum in the 1970s, is today around $60 billion making UAE, India's third largest trading partner since 2014-15.
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NATIONAL AFFAIRS

Gurgaon Renamed as Gurugram

  • Gurgaon will now be called as Gurugram.
  • As per reports, the Haryana government, the people in the area have been demanding this change for a while, now.
  • Gurugram is bordered by Delhi and Rajasthan.
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