Daily Current Affairs 29th December, 2017
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Study Daily Current Affairs from Daily GK Update 29rd December on Ideticedu and stay updated as well as prepare for Current Affairs section of bank exams,UPSC,BPSC, Railway & other Competitive exams.
National
1.Indo-Maldives Joint Exercise ‘Ekuverin’ Concludes
The two-week long eighth edition of the Indo-Maldives joint military exercise, ‘Ekuverin’, came to an end at Belagavi, Karnataka.
2.International sweet festival going to held in Hyderabad
Featuring more than 1,000 sweets, an international sweet festival will be held in Hyderabad.
Banking & Economy
1.India is second fastest growing major economy in 2017 in the world
Finance minister Arun Jaitley has announced that despite the slowdown in 2016-17, as per the IMF, India was the fastest growing major economy in 2016 and second fastest growing major economy in 2017 in the world.
2.Chola MS honoured with Golden Peacock Award for risk management
Cholamandalam MS General Insurance Company Limited has been awarded the prestigious “Golden Peacock Award for Risk Management” for the year 2017.
3.India ranks 5th in list of countries with highest NPA levels
According to a report by CARE Ratings, India has the highest level of non-performing assets (NPA) among BRICS countries and is ranked 5th on a list of countries with the highest levels of NPAs.
4.KKR gets RBI nod to start India’s 1st Foreign-owned ARC
US buyout giant KKR & Co has become the first foreign investor to fully own an asset reconstruction company (ARC) in India.
Appointments
1.Ex-footballer George Weah to become Liberia’s president
The former football star George Weah has won Liberia’s presidential election, defeating the vice-president, Joseph Boakai.
Sports
1.Viswanathan Anand Wins World Rapid Chess Championship
India’s ace chess player Viswanathan Anand won the World Rapid Chess tournament title in Saudi Arabia by beating Russia’s Vladimir Fedoseev.
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