Daily GK Potion – 26th September 2014
- B2B ranks over G2G in PM’s U.S. visit.
- When Prime Minister Narendra Modi sits down to breakfast with the CEOs of top US companies Monday, he will be speaking to them with the knowledge and authority of a business honcho who knows what he wants and can possibly market India as an investment destination better than anyone else.
- Coal blocks cancellation may increase CAD higher by $700 million
- The Supreme Court’s decision to cancel coal block allocations may have impact on Current Account Deficit. It may increase CAD by $ 700 million.
- SBI signs $500m line of credit with Korea Eximbank
- Country’s largest lender State Bank of India (SBI) on Sep 26,2014 has signed a line of credit (LoC) of $500 million with Export-Import Bank of Korea (Korea Eximbank).
- This will be in addition to (LoC) of $200 million signed between the two institutions on January 16, 2014 to support Indian companies importing goods and services from Korea, SBI said in a release.
- ASIAD: day 7
- Sandeep Sejwal fetches bronze in swimming. He gave India’s floundering swimming campaign a massive fillip by fetching a rare bronze medal in the 50m breaststroke event of the Asian Games on Sep 26,2014.
- Men’s pistol team wins silver.
- China’s Zhou Lulu created a new world record in the women’s over 75kg clean and jerk weightlifting competition. Zhou set a new world record lifting a weight of 192kg and won the gold medal in the event.
- Australia and Israel to be main partner countries for third edition of ‘India Water Week’ during January 13 to January 17 in 2015.
- ISRO getting ready for IRNSS 1C launch in October.
- Amid the success of India’s Mars Orbiter Mission to the Red Planet, ISRO scientists are working towards the launch of the country’s next rocket PSLV-C26, which would carry IRNSS 1C satellite, the third in the IRNSS series from Sriharikota on October 9.
- 8% GDP growth possible in next 2-3 years
- Former Finance Minister P Chidambaram today said India can achieve 8 per cent growth in the next 2-3 years by following the path of fiscal prudence.
- Hiring in India grew 18 per cent during August, 2014, led by sectors like telecom and IT/BPO. The Naukri Job Speak Index for the month of August 2014 was at 1,478 indicating an 18 per cent growth in hiring when compared to August 2013