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Daily G.K. - Top Stories

07 Nov 2016

INTERNATIONAL AFFAIRS

China Nixes Meeting with Slovak PM

  • China cancelled a top-level bilateral meeting with Slovak Prime Minister Robert Fico, in a move seen as a snub after the EU country's president met the Dalai Lama.
  • Chinese Prime Minister met 16 counterparts from across central and eastern Europe in Lativa's capital Riga yesterday for talks focused mainly on developing trade.
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ENVIRONMENT

Carbon Footprint Destroys Arctic Sea Ice

  • According to a new study, the average westerner’s carbon emissions destroy 30 square metres of Arctic sea ice every year.
  • With current efforts to cut emissions, the Arctic will lose all its ice in summer within about 20 years.
  • Plummeting Arctic sea ice cover is one of the most obvious signs of climate change and is increasingly linked to extreme weather events.
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BUSINESS AND ECONOMY

FDI in India Rises

  • Foreign direct investment into the country grew by over 30 per cent to USD 21.62 billion during the first half of 2016-17.
  • Ease of doing business and relaxation in the FDI policy are attracting more and more FDI.
  • The sectors that receive maximum inflows include computer hardware and software, trading business, automobile industry and chemicals.
  • India receives maximum FDI from countries, including Mauritius, Singapore, the Netherlands and Japan.

India Ranked Second on the Optimism Index

  • As per a survey, India improved its ranking by one spot in a global index of business optimism, with policy reforms and Goods and Services tax (GST) expected to become a reality soon.
  • According to the latest Grant Thornton International Business Report, India was ranked second on the optimism index during the third quarter (July-September 2016).
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SPORTS

Andy Murray’s First Paris Masters Title

  • Andy Murray celebrated his new world number one ranking with a first Paris Masters title after defeating American John Isner in the final.
  • Murray replaces Novak Djokovic at the top of the rankings and claimed his eighth title of a remarkable season, extending his winning run to 19 matches.
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