Current Affairs Oct 25, 2015

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01. Dubai a new realty destination: Dubai has recently turned out to be a new destination for purchase of houses for Indians. In the first half of the fiscal year 2015, Indians have invested in house transactions worth more than US $ 2 billion.

02. DBS predicts 7.4% GDP Growth in FY 2016: DBS expects a growth rate of 7.4% in the next financial year i.e., FY16 with “downside risks”. During the previous fiscal India reported a GDP growth of 7.3 per cent for financial year 2015.

03. Foreign inflow touches 6-months high: Foreign investors have pumped in Rs.19,000 crores in the Indian Capital markets, which is a 6-month high. A huge chunk of the funds have been infused into the debt markets. The inflow into the stock market was Rs.5,545 crores.

04. Spurt in growth of Quick Service Restaurants: There has been a steep increase in the sales at the Quick Service Restaurants with the present figure touching Rs.8500 crores in the current year, and this is expected to touch Rs.25,000 crores by 2020.

05. South Africa wins ODI series against India: Visiting South African cricket team continued its supremacy over India in cricket and clinched the ODI series 3-2.