18 March 2018 Current Affairs
Mauritius President Ameenah Gurib-Fakim resigns
Mauritius President Ameenah Gurib-Fakim has resigned. She resigned after being embroiled in a scandal over the use of a credit card to buy luxury personal items. It has been alleged that Gurib-Fakim made personal purchases, buying jewellery and clothing using a credit card provided by London-based Planet Earth Institute.
Li Keqiang re-elected as China’s Prime Minister for second term
Chinese Prime Minister Li Keqiang was re-elected for his second five-year term at the ongoing parliament session. Li is the second ranking leader in China after President Xi Jinping who has emerged as the most powerful leader after Mao Zedong.
Singapore, Paris are world’s costliest cities
Singapore is the world’s most expensive city for the fifth straight year. According to the latest Worldwide Cost of Living report 2018 by the Economist Intelligence Unit Syrian capital Damascus was ranked as the world’s cheapest city. Paris and Zurich were tied at the second position, followed by Hong Kong and Norway’s capital Oslo. The Indian cities of Bangalore, Chennai and New Delhi and Pakistan’s Karachi featured among the ten cheapest locations surveyed.
Fitch forecasts 7.3% growth for India next year
Fitch, the US-based agency, projected India’s economic growth to rise to 7.3 per cent in 2018-19 and further to 7.5 per cent in 2019-20. Also, it forecast Indian economy to clock a growth rate of 6.5 per cent this fiscal (2017-18), in line with official estimates by the Central Statistics Office (CSO) of 6.5 per cent.
FIFA lifts three-decade ban on Iraq hosting international matches
FIFA has lifted its three-decades ban on Iraq hosting international football. FIFA has allowed international matches to be staged in three cities; Arbil, Basra and Karbala. The ban, covering all but domestic matches, stayed in place after the US-led invasion of 2003 toppled dictator Saddam Hussein.
Chennaiyin FC won the second ISL title
Chennaiyin FC crushed Bengaluru FC 3-2 in the finals to clinch the Indian Super League title. This was Chennaiyin FC’s second title triumph in the ISL, tying them with ATK as the most successful team in the tournament. The Indian Super League (ISL) is a men’s professional football league in India.
Tata Sons head Chandrasekaran elected IISc President
Tata sons Chairman N Chandrasekran has been elected as the 8th President of the court of Indian Institute of Science (IISc), Bengaluru for 2018-21. IISc was set up in 1909 by Jamsetji Nusserwanji Tata and then Maharaja of Mysore Krishnaraja Wodeyar.