Current Affair For Year “2015”

India ranks 4th in black money outflows per annum: Report

Date: December 09, 2015

India ranks fourth in black money outflows with a whopping $51 billion siphoned out of the country per annum between 2004-2013,as per report published by Global Financial Integrity. In the report Titled 'Illicit Financial Flows from Developing Countries: 2004-2013', the study shows that illicit financial flows first surpassed $1 trillion in 2011 and have grown to $1.1...

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'Heart of Asia' conference 2015

Date: December 09, 2015

The fifth 'Heart of Asia' conference, an annual gathering of Asian and other countries,is started at Islmabad,Pakistan.It is aimed at enhancing cooperation for countering security threats and promoting connectivity in the region.

The theme of the meeting, jointly hosted by Pakistan and Afghanistan, is 'Heart of Asia — Istanbul Process: Enhanced cooperation for countering secur...

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Budget may drop plan, non-plan classification of expenditure

Date: December 09, 2015

The Centre is looking to do away with the practice of classifying expenditure as ‘plan and non-plan’ in the Budget documents as part of an effort to improve the link between spending and outcomes, Union Finance Secretary Ratan P. Watal said on Tuesday. The distinction, in the budget due to be presented in February 2016, he indicated, could be between ‘capital and revenue&rsquo...

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Effect of pollution: First ever red alert in effect in Beijing

Date: December 08, 2015

Beijing has issued its first ever “red alert” over the city’s smog, with the Chinese capital going into shutdown in an attempt to protect people from the deadly air.

It is the first time ever that the highest possible state of caution has been declared in the city, which has more than 21 million residents.

The warning means schools will have to close down and c...

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Singapore replaces Mauritius as top FDI source in India

Date: December 07, 2015

Singapore has replaced Mauritius as the top source of foreign direct investment (FDI) into India during the first half of the current fiscal.

During April-September 2015, India has attracted $6.69 billion (₹43,096 crore) FDI from Singapore while from Mauritius, it received $3.66 billion (₹23,490 crore), according to data from the Department of Industrial Policy and Promotion (DIPP)....

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Paris Pact on Water and Climate Change Adaptation

Date: December 05, 2015

A broad coalition of nations, river basin organizations, business and civil society has announced the creation of the international Paris Pact on Water and Climate Change Adaptation to make water systems – the very foundation of sustainable human development - more resilient to climate impacts.

The “”Water Resilience Focus” event under the Lima to Paris Action Ag...

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China’s Renminbi Is Approved by I.M.F. as a elite reserve currency

Date: December 03, 2015

The Chinese Yuan is anointed as one of the world’s elite currencies, a milestone decision by the International Monetary Fund that underscores the country’s rising financial and economic heft.

The move will help pave the way for broader use of the renminbi in trade and finance, securing China’s standing as a global economic power. Just four other currencies — the ...

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Union Government launches GIAN Scheme for higher education

Date: December 03, 2015

Govt. of India approved a new program titled Global Initiative of Academic Networks (GIAN) in Higher Education aimed at tapping the talent pool of scientists and entrepreneurs, internationally to encourage their engagement with the institutes of Higher Education in India so as to augment the country’s existing academic resources, accelerate the pace of quality reform, and elevate India&rs...

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World AIDS Day 2015

Date: December 01, 2015

Time to Act is Now': World AIDS Day Theme Demonstrates Urgent Need for Action

World AIDS Day is observed on December 1 every year to raise the awareness in the fight against HIV. The World Health Organization (WHO) established the annual observance in 1988 as a way to offer communities the chance to unite to ...

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2015 to be the warmest year – WMO

Date: November 28, 2015

UN weather body the World Meteorological Organisation’s (WMO) in  State of the global climate report  says that man-made global warming and El Niño oceanic phenomenon made 2011-2015 the warmest five-year period on record.Global average surface temperature in 2015 reaches the significant milestone of 1° Celsius above the pre-industrial era.

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