16 April 2018 Current Affairs
CII Pegs India’s GDP growth at 7.3-7.7% for 2018-19
The Confederation of Indian Industry (CII) has announced that it expects India’s gross domestic product (GDP) to grow at 7.3-7.7% during the 2018-19 financial year.
Dharmendra to be conferred Raj Kapoor Lifetime Achievement award
Veteran Bollywood actor Dharmendra will be conferred with the prestigious Raj Kapoor Lifetime Achievement award and filmmaker Rajkumar Hirani will be conferred with the Raj Kapoor Special Contribution award. Maharashtra Culture Minister Vinod Tawde announced the names of the winners.
Rana Kapoor felicitated with ‘India Talent Management Award 2018’
Rana Kapoor, MD & CEO, YES BANK has been awarded with the ‘India Talent Management Award’ for fostering an entrepreneurial spirit and best practices at one of India’s fastest growing banks.
India ranks 10th on new Commonwealth innovation index
India has been ranked 10th in the Commonwealth innovation index. The index was launched as part of a new Commonwealth Innovation Hub on the sidelines of the Commonwealth Heads of Government Meeting (CHOGM) in London.
Veteran journalist S. Nihal Singh passes away
Noted journalist and former Chief Editor of The Statesman and The Indian Express, Surendra Nihal Singh passed away at 88. He was awarded the prestigious International Editor of the Year Award in New York for his role in opposing former Prime Minister Indira Gandhi’s emergency in mid-1975.
Kotak Mahindra becomes second-most-valued bank; Top- HDFC
Kotak Mahindra Bank pipped SBI to become India’s second-most-valued lender after HDFC Bank in terms of market capitalisation. HDFC Bank remained the country’s most-valuable bank with a market capitalisation of Rs. 5.04 lakh crore.