17 June 2018 Current Affairs
Majority of Indians in Lowest Wealth Group: BCG
A new report shows that 55% of the total wealth in the country is with those having less than $1,00,000 net worth. In contrast, only 18% of the global wealth is with those in this category. The Boston Consulting Group’s (BCG’s) Global Wealth Report 2018 also shows that those with more than $1 billion in personal wealth, have cornered 16% of total wealth in India.
Former AirAsia India CEO Mittu Chandilya resigns from Adani Group
Former AirAsia India CEO Mittu Chandilya announced his resignation from Adani Group. Mittu’s resignation has come at a time, when the Central Bureau of Investigation has registered a case against the airline for allegedly hiring lobbyist to change the 5/20 foreign flying norms.
India among over 90 nations without paid paternity leave: UNICEF
According to the new analysis by UNICEF, India is among almost 90 countries in the world without national policies in place that ensure new fathers get adequate paid time off with their newborn babies.
Wholesale inflation hits 14-month high
India’s inflation measured by the Wholesale Price Index (WPI) rose to a 14-month high of 4.43% in May as compared to 3.18% in April, government data revealed. Vegetable prices grew by 2.51% in May, while primary articles that account for over one-fifth of the entire WPI, grew by 3.16%.
Veteran journalist Adiraju Venkateswara Rao passes away
Senior journalist and writer Adiraju Venkateswara Rao passed away. He was 79. Rao worked in different Telugu and English newspapers. He also authored several books.
World’s most experienced Spacewoman Peggy Whitson retires
NASA’s record-breaking astronaut, Peggy Whitson, retired after a 22-year-long career. Whitson, who joined NASA as a researcher in 1986, has spent more time off Earth than any other American, totalling 665 days over three International Space Station missions.
US surpasses India as top greenfield FDI investment destination globally: FDI Report 2018
According to the FDI Report 2018 compiled by FDI Intelligence, a division of The Financial Times Ltd. , US has surpassed India as the top destination to attract Greenfield FDI investment.
Cristiano Ronaldo: fourth player to score in four world cups
Cristiano Ronaldo made history by becoming the first player to score in eight consecutive major internationals tournaments as Portugal won against Spain at the Fisht Olympic Stadium in Sochi. Ronaldo also became the fourth player to score in four World Cups, following in the footsteps of Uwe Seeler, Pele and Miroslav Klose.