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Current Affairs 11th Feb., 2015

1. Indian economy is estimated to grow over 7 per cent in the current fiscal year. This will make it one of the world’s fastest growing economies. Latest Central Statistics Office (CSO) data project growth in the current fiscal year at 7.4 per cent as against 6.9 per cent in 2013-14. These data are on the new base year of 2011-12.

2. India’s state-owned banks continue to be largely dependent on the government for capital, while the large private banks are in a strong position to raise core equity capital directly through the markets, Fitch Rating said in a report. According to Fitch estimates, state-owned banks account for 85 per cent of the system’s $200 billion Basel-III capital needs up to 2019.

3. India’s status as ‘Priority Watch List’ country may not have any improvement in the US’ 2015 Special 301 Report which will be released in April. The 2015 Special 301 Report is an annual review on the IPR protection and enforcement of America’s trading partners, issued by the Office of the US Trade Representative (USTR).

4. The 15th Delhi Sustainable Development Summit was held in New Delhi from 5 February 2015 to 7 February 2015. The summit was organized by The Energy and Resources Institute (TERI). The theme of the summit was Sustainable Development Goals and Dealing with Climate Change.

5. The First World Ocean Science Congress (WOSC) was held in Kochi, Kerala organised jointly by the Swadeshi Science Movement, Vijnana Bharati, Kerala chapter and the Kerala University of Fisheries and Ocean Studies (KUFOS), Kochi. The focal themes of the WOSC 2015 were Protect Oceans for Posterity and Blue Economy.

Current Affairs 10th Feb., 2015

1. Indian economy is estimated to grow over 7 per cent in the current fiscal year. This will make it one of the world’s fastest growing economies. Latest Central Statistics Office (CSO) data project growth in the current fiscal year at 7.4 per cent as against 6.9 per cent in 2013-14. These data are on the new base year of 2011-12.

2. India’s state-owned banks continue to be largely dependent on the government for capital, while the large private banks are in a strong position to raise core equity capital directly through the markets, Fitch Rating said in a report. According to Fitch estimates, state-owned banks account for 85 per cent of the system’s $200 billion Basel-III capital needs up to 2019.

3. India’s status as ‘Priority Watch List’ country may not have any improvement in the US’ 2015 Special 301 Report which will be released in April. The 2015 Special 301 Report is an annual review on the IPR protection and enforcement of America’s trading partners, issued by the Office of the US Trade Representative (USTR).

4. The 15th Delhi Sustainable Development Summit was held in New Delhi from 5 February 2015 to 7 February 2015. The summit was organized by The Energy and Resources Institute (TERI). The theme of the summit was Sustainable Development Goals and Dealing with Climate Change.

5. The First World Ocean Science Congress (WOSC) was held in Kochi, Kerala organised jointly by the Swadeshi Science Movement, Vijnana Bharati, Kerala chapter and the Kerala University of Fisheries and Ocean Studies (KUFOS), Kochi. The focal themes of the WOSC 2015 were Protect Oceans for Posterity and Blue Economy.

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