Daily Current Affairs Update of 17 April 2015 | General Knowledge1. International credit rating major Moody’s pegged India’s growth at 7.5 percent for 2015. According to it India’s economy is on a cyclical upswing. Forward looking indicators suggest domestic demand is gathering momentum. According to the ratings agency, low inflation rate has enabled the Reserve Bank of India (RBI) to cut interest rates by 50 basis points in early 2015 which has helped in easing pressure on the private sector.
2. Microsoft’s Indian-origin CEO Satya Nadella was honoured with the ‘White House Champions of Change’ Award. He is one of the 12 local Champions of Change who were honoured for their exemplary leadership. Champions of Change honour is given to those who support working families and help make change in their companies or communities. Satya Nadella is the first Indian-origin Chief Executive Officer (CEO) of Microsoft. He was named as one of the Champions of Change for his employee-friendly initiative.
3. Chennai born Raja Rajeswari, who came to America when she was 16, has become the first person of Indian descent to be named as a criminal court judge in New York City. Rajeswari, 43, an assistant district attorney at the Richmond County District Attorney's office, who was nominated to the bench by Mayor Bill de Blasio, formally assumed her new office.
|Daily Current Affairs Update of 17 April 2015 | General Knowledge
5. India successfully test fired its nuclear-capable Agni-III ballistic missile with a strike range of more than 3,000 km from Wheeler Island off Odisha coast. It is indigenously developed surface-to-surface missile. It can carry a warhead of 1.5 tonne which is protected by carbon all composite heat shield. Agni-III has a length of 17 metres and launch weight of around 48 tonnes.
6. The UN peace envoy to Yemen, Jamal Benomar, has resigned after losing support from Gulf countries for his mission in the conflict-riven nation. The Moroccan diplomat had been UN secretary general Ban Ki-moon’s special envoy for Yemen since 2012.
7. Serbian tennis star Novak Djokovic and Ethiopian sprinter Genzebe Dibaba were named the Laureus Sportsman and Sportswoman of the Year. Djokovic was also awarded with this award in 2012.
8. Gujarat government formed a task force to make strategy and provide suggestions on poverty elimination in the state. The task force will work in the direction to device an effective strategy to make sure that benefits of various schemes reach needy citizens. Gujarat’s Minister for Social Justice and Empowerment Ramanlal Vora will chair this task force.
9. Bharat Heavy Electricals Limited (BHEL) inked a Memorandum of Understanding (MoU) with a Russian company named INTMA with an aim to set up a gas-based power project in Kazakhstan as well as further boost its presence in the CIS countries.