1.RBI has formed a 5-member panel to investigate ways of improving Digital Payments, Identify the current gaps in the ecosystem and suggest ways to bridge them to be chaired by Nandan Nilekani.
2.India & Norway discussed extensively to collaborate for development of Ocean Economy, achieving Sustainable Development and to Counter Terrorism.Erna Solberg is Prime Minister of Norway.
3.Attributing it to an upswing in consumption and investment, World Bank estimates India’s GDP growth at 7.3% in fiscal 2018-19, making it fastest growing economy in the world.World Bank publishes Global Economic prospects report.
4.India to eclipse US in GDP race by 2030 : Standard Chartered report forecasts that by 2020 onwards China will become the largest economy using purchasing power parity exchange rates and nominal GDP and India to surpass US GDP.US GDP in 2019 stands at $21 trillion and India at $2.6 trillion.
5.Four different islands from Andaman and one island from Nicobar have been selected to fly seaplanes with the government giving approval to 13 water aerodromes under UDAN-3.Andaman & Nicobar has about 500 islands popular among tourists.
6.Indian economy is expected to grow at 7.2% in 2018-19 against 6.7% in the previous fiscal due to improvement in the performance of agriculture and manufacturing sectors. The per capita net national income in 2018-19 shows a rise of 11.1%.RBI estimates India’s growth rate at 7.4%.
7.Govt of India has given permission to Iran to open a bank branch in Mumbai. It will open a branch within 3 months. Gadkari also stated that India can provide steel rails to Iran and the Persian Gulf nation can provide urea to India.Iran: Capital – Tehran; Currency – Rial.
8.India has taken over operations of the strategic Chabahar port. This is the 1st time India will be operating a port outside its territory. The physical take-over of the terminal area, cargo handling equipment & Office building was completed by Dec 29, 2018.India is to equip and operate 2 berths in Chabahar Port Phase-I.
9.Sushma Swaraj held a strategic dialogue with her Japanese counterpart Taro Kono at the 10th India-Japan Foreign Minister-level Strategic Dialogue during which they reviewed the progress in ties and exchanged views on regional and global issues.Prime Minister of Japan - Shinzo Abe
10.India’s newly-announced Drone Regulation 1.0 is a step to open the use of Remotely Piloted Aircraft commonly known as drones for commercial activities. The global market for drones and drone powered solutions is expected to cross $100 billion by 2023.The policy has been formulated by Ministry of Civil Aviation..
Sir, you are still writing the heading ONE LINER OF THE DAY as 2018. It will be better if you change it to 2019. Thanks.
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