Meeting for the first time after its constitution last week, the 15th Finance Commission on Monday decided to involve various research organisations across the country. The panel will decide on devolution share of states from central taxes It will suggest measures to improve the Consolidated Fund of a State. . . . .
Global rating firm Fitch Ratings has cut India’s gross domestic product (GDP) growth forecast for the fiscal year ending March 2018 (FY18) to 6.7 percent from its earlier projection of 6.9 per cent in September, saying that the rebound in the economy was “weaker than expected”. The cut in GDP growth estimate by Fitch. . . . .
United States and South Korea launched their biggest-ever combined air force exercise. The war games come a week after North Korea test-fired its most powerful missile ever, an ICBM that may be able to target the eastern seaboard of the United States. The five-day drill, which is called Vigilant Ace, is meant to improve the. . . . .
China has thrown open its economic corridor with Pakistan for investment by other countries. China invited other countries to participate in the corridor on the “principle of equality and voluntarism”. China announced this statement on the occasion of completion of first phase of 1320 Megaatt Port Qasim power project.
The Madhya Pradesh assembly on Monday unanimously passed a bill that will see rapists of girls 12 years or below being hanged till death. The bill will be sent to the Centre and will need the assent of the President to become a law. Background: The development comes after the latest NCRB report revealed that Madhya. . . . .
International Volunteer Day (IVD) mandated by the UN General Assembly, is held each year on 5 December. It is viewed as a unique chance for volunteers and organizations to celebrate their efforts, to share their values, and to promote their work among their communities, non-governmental organizations (NGOs), United Nations agencies,. . . . .
World Soil Day is celebrated annually on the 5th of December.World Soil Day 2017 activities aim to communicate messages on the importance of soil quality for food security, healthy ecosystems and human well-being. 2017 Theme: ‘Caring for the Planet starts from the Ground’ Maria Helena Semedo, Deputy Director-General. . . . .
Veteran Hindi film actor Shashi Kapoor passed away on 4/12/2017 after prolonged illness. He was 79. The actor-producer took his last breath at the Kokilaben Dhirubhai Ambani Hospital in Mumbai. He made his debut as a leading man in the 1961 film Dharmputra and went on to appear in more than 116 films during . . . . .
The State government on Monday constituted a cabinet sub-committee headed by Deputy Chief Minister Kadiyam Srihari to oversee the arrangements for the ensuing five-day World Telugu Conference, to be held from December 15 in the city. Municipal Administration and Urban Development Minister K T Rama Rao, Roads and Buildings Minister. . . . .