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Wednesday, May 9, 2018

Daily Current Affairs 5th May 2018


INDIA TOPS LIST OF FASTEST GROWING ECONOMIES FOR COMING DECADE: HARVARD STUDY
The Centre for International Development at Harvard University Predicted the Fastest growing economies in the world for the Upcoming Decade.
India Topped the list with the Projection of 7.9 Per cent which is far high than China (4.9 Per cent),U.S.(3 Per cent) Uganda is in Second Position with predicted growth of 7.5 percent.

India Topped the list because it made tremendous growth in Various Sectors Namely,Chemicals,Vehicles & Certain Electronics Sectors..

ADB PROJECTS INDIA’S GROWTH AT 7.3% IN 2018 AT THE 51ST ADB ANNUAL MEETING
51st Asian Development Bank( ADB) Annual Meeting was Presided by ADB President Takehiko Nakao. Meeting,Nakao Said that India’s growth is Projected to be 7.3 Percent in Fiscal Year 2018 & 7.6 Per cent in the next Fiscal,which is far higher than its 6.6 Percent in FiscalYear 2017.
About ADB:
 HeadQuarters:Mandaluyong,Philippines,
 President:Takehiko Nakao
 Founded In:19th December 1966
 Motto:fighting Poverty in Asia and the Pacific.

DAKOTA DC-3 VP 905 AIRCRAFT JOINS IAF AGAIN
Dakota DC-3 VP 905 aircraft joined the Indian Air Force again, in an induction ceremony at Hindan air force station, Uttar Pradesh, over four decades after the aircraft fleet was phased out.

The restored Dakota has been renamed as ‘Parashuram’. It will join the ‘Vintage Fly’ of one each of Tiger Moth and Howard developed at Hindan air force station.

The Dakota was also known as the Gooney Bird. It was the first major transport aircraft inducted in the Indian Air Force. It was in operations from 1947 to 1971.

NASA LAUNCHES INSIGHT SPACECRAFT TO MARS TO STUDY RED PLANET’S QUAKES
NASA launched InSight spacecraft aboard an Atlas V rocket to study “Marsquakes”, from Vandenberg Air Force Base in California, United States.
InSight is the short form for Interior Exploration using Seismic Investigations, Geodesy and Heat Transport.

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