General Awareness

Daily G.K. - Top Stories

18 Jul 2018

INTERNATIONAL AFFAIRS

Eritrea Reopens Embassy in Ethiopia

Eritrea reopened its embassy in Ethiopia in further evidence of a rapid thaw between two countries that a week ago ended two decades of military stalemate over a border war.
The embassy has been reopened in the capital Addis Ababa in a brief ceremony.
Ethiopia, a landlocked country has the largest economy in East Africa.

Major Trade Deal between EU and Japan

Japan and the EU signed a sweeping free trade deal sending a clear message against protectionism, as Washington puts up barriers and threatens a trade war.
The deal signed in Tokyo is the largest ever negotiated by the EU and creates a massive free trade zone, eliminating tariffs for everything from Japanese cars to French cheese.

Limitations on Cargo Crossing into Gaza

Israel placed new restrictions on its only cargo crossing with the Gaza Strip in response to continued Hamas hostilities, even after it agreed to a cease-fire.
According to Defense Minister Avigdor Lieberman, Israel will cease transferring gas and fuel through the Kerem Shalom crossing until Sunday but will allow food and essential medication to cross. Commercial cargo was suspended last week.

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BUSINESS AND ECONOMY

Grofers to Foray into FMCG Space

Online grocery firm Grofers is entering the Fast Moving Consumer Goods segment and is eyeing an overall revenue of Rs. 2,500 crore in FY19.
The firm has rolled out seven brands under two categories, Budget and Popular G-Brands.

Glenmark Pharma Gets USFDA Nod

Glenmark Pharmaceuticals has received final approval from the U.S. health regulator for Colesevelam Hydrochloride for oral suspension, used to lower cholesterol levels in the blood.

Oman Asked to Cut Customs Duties on Chemical Products

India has asked Oman to cut customs duties on chemical products like dyes to provide greater market access for its goods in that country.
India requested for reduction in customs tariff on Indian chemical products exported to Oman, which is about 5 per cent.
Further, both the countries agreed to obtain their respective internal approvals for early finalisation of Double Taxation Avoidance Agreement (DTAA) between the nations.

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NATIONAL AFFAIRS

Anurag Thakur Made BJP Chief Whip

Hamirpur MP Anurag Thakur has been appointed the BJP's chief whip in the Lok Sabha.
The appointment was announced on the eve of the monsoon session of Parliament with Mr. Thakur replacing Ramesh Singh, who has been appointed Madhya Pradesh BJP chief.

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General Awareness

Daily G.K. - Top Stories

18 Jul 2018

INTERNATIONAL AFFAIRS

Eritrea Reopens Embassy in Ethiopia

Major Trade Deal between EU and Japan

Limitations on Cargo Crossing into Gaza

BUSINESS AND ECONOMY

Grofers to Foray into FMCG Space

Glenmark Pharma Gets USFDA Nod

Oman Asked to Cut Customs Duties on Chemical Products

NATIONAL AFFAIRS

Anurag Thakur Made BJP Chief Whip

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