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Wednesday 24 January 2018

PM Warns Against Protectionism and Globalization

PM Warns Against Protectionism and Globalization

  • Davos 2018: PM warns against protectionism & globalization losing its appeal, highlights India’s virtues.
 
  • ILO: 77% Indian workers/46% South-eastern Asian worker to have vulnerable employment by 2019.
 
CEC: Legal Framework for Simultaneous polls will take Time – Difficult to implement in 2019.
 
  • Investor wealth rises by 1Lac Cr as stock zoom, BSE Sensex surged past 36K for 1st time.
 
  • Sensex May Slip To 32K by Dec 2018, Hurt Domestic Inflows, does not tax long-term gains on equities.
 
  • Telecom Operators Raise App-Based calling, tax rationalization/infra expansion woes with TRAI.
 
  • India, SA, China May Face Social Upheavals, Income Inequality In Future - result of Industry 4.0.
 
  • WEF, Reliance Ind to Set up Center for 4th Industrial Revolution In Mumbai focus on Industry 4.0.
 
  • Albert Einstein's Letter Dated Apr29, 1917 defending Murderer Friend Up For Auction, to end by Jan25.
 
  • China: Build 6Lane Intelligent Expressway by 2022–Warning system for vehicle safety & Speed up traffic.
 
  • As the US Goes Quiet on Close Naval Patrols, China Speaks Out upsets peace wantonly provoking trouble.
 
  • House Votes to End Government Shutdown, sending legislation to Trump, pledged to act on immigration.
 
  • Right Deal: Canada Will Sign Trans-Pacific Trade Pact with 10 Other Countries in Mar 2018 without the US.
 
  • Study: Teens using E-Cigarettes likely to try Smoking Tobacco deliver nicotine can be still addictive.
 
  • Oscar: “The Shape of Water,” Cold War fantasy drama received 10 nominations - war film “Dunkirk gets 8.
 
  • Hot Jupiter CoRoT2b: Scientist discovered mysterious hot spot 930light yr from Earth with unusual Wind.
 
  • Magnitude 8.2 Quake Off Alaska Coast Spark Tsunami Warning – destructive far from Epicentre.
 
  • Swiss on High Avalanche Alert on Eve of Davos Forum Snow slides - deep/large, transit danger.
 
  • CIA believes N Korea weapons aimed coercion, not just defense, next to develop arsenal of weapons.
 
  • Scientists reconstruct face of 9000yr-old Greek teenager what people looked like in Mesolithic period.
 
  • Earthquake shakes Indonesia’s Java, buildings sway in capital - centered off western Java at 43KM depth.
 
  • Netflix cross $100BN Market Cap as Subscribers Surge, picked up 6.36MN subscribers from Oct.
 
  • Centipedes Eat Animals 15times their size within 30Sec thanks to powerful toxin Ssm Spooky Toxin.
 
  • Hospitality sector sees more revenue, profit in 2018 marked by multiple challenges -curbs on liquor/GST.
 
  • ONGC ties up 18K Cr loan from Punjab National Bank/Bank of India & Axis Bank for buying HPCL.
 
  • NPPA fixes retail price of 5 formulations used for treatment of hypertension/asthma/heart failures.
 
  • Mumbai: Rel Energy to set up EV charging station, smart slow/fast charging stations at strategic location.
 
  • Survival trend during odd-hour improved in past decade or so, are people more likely to die on weekend.
 
  • Find: Teenagers habitually glued to their smartphones/more likely to unhappier than their peers.
 
  • Clinical trials: Stringent draft rule put injuries, death onus on drug maker – Trail cancellations & no future.
 
  • News in Numbers: Amazon Prime to have 25MN items less than two days delivery, up from 11MN items.
 
  • India-Myanmar-Thailand Trilateral Highway by 2019– 24 projects in ASEAN & work is on 14 – 16 projects.
 
  • Du Plisses: India vs. South Africa-normal to get distracted by IPL player auction on last 2 days of final test.
 
Today’s Word – *Xanthocomic* - Yellow-haired

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