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16 May 2018 Current Affairs

16 May 2018 Current Affairs

India emerges third largest solar market in the world in 2017

According to recently released report by Mercom Communications, India emerged as third largest solar market in world in 2017 behind China and United States.

India to clock GDP growth of 7.7%

India’s GDP is expected to grow by 7.7% in January-March, up from 7.2% in the preceding quarter, says a Nomura report. According to the report, despite the moderation in March, industrial production growth averaged 6.2% in the January-March period.

Shashank Manohar re-elected as chairman of International Cricket Council

Shashank Manohar was re-elected as the Independent Chairman of the International Cricket Council (ICC) for his second term.

Lending, deposit curbs on Allahabad Bank

RBI has imposed restrictions on Allahabad Bank, including on expansion of risky assets, creation of non-banking assets and accessing/renewing wholesale/costly deposits.

Neymar wins French Player of the year prize

Neymar was named as France’s player of the year at an awards ceremony in Paris.

DRDO Awards – 2016 & 2017 presented

Raksha Mantri gave away the DRDO Awards- 2016 & 2017 to various DRDO scientists for their outstanding contributions, while commemorating the National Technology.

Lt Gen Sukhdeep takes over as DGAR

Lieutenant General Sukhdeep Sangwan has taken over the charge as the Director General of Assam Rifles. Lt Gen Sanwagn has taken over as the 20th Director General of the Force which is popularly called as Sentinels of the North East.

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