It was published by the Food and Agriculture Organization (FAO), International Fund for Agricultural Development (IFAD), World Food Programme (WFP), UN Children's Fund (UNICEF) and the World Health Organization (WHO). The increase is mostly due to three drivers across the world:
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| Source- The United Nations |
| Source- AIR World Service |
The Indian economy is expected to grow by around 7.5% in 2018 and 2019 as it is largely resilient to external pressures like those from higher oil prices, according to Moody's Investors Service. In its Global Macro Outlook for 2018-19, Moody's stated the run-up in energy prices over the last few months will raise headline inflation temporarily but the growth story remains intact as it is supported by strong urban and rural demand and improved industrial activity. Moody's put G-20 growth at 3.3% in 2018 and 3.1% in 2019. The advanced economies will grow 2.3% in 2018 and 2% in 2019, while G-20 emerging markets will remain the growth drivers at 5.1% in both 2018 and 2019. |
| Source- The Economic Times |
NITI Aayog released five thematic reports on Sustainable Development in Indian Himalayan Region. It was released by NITI Aayog Vice Chairman Dr Rajiv Kumar, CEO Amitabh Kant and member Dr V K Saraswat in New Delhi. The themes include Inventory and Revival of Springs in the Himalayas for Water Security, Sustainable Tourism, and Transformative Approach to Shifting Cultivation, Strengthening Skill and Entrepreneurship Landscape in the Himalayas. As per the Reports, Himalayan Tourism is growing annually at 6.8% has created a huge challenge related to solid waste, water, traffic, loss of bio-cultural diversity. |
| Source- Press Information Bureau (PIB) |
The Kempegowda International Airport (KIA) has emerged as the second fastest growing airport in the world in the first half of 2018 in terms of actual growth in the number of passengers. It has recorded 1,58,50,352 flyers during the six-month period. Only Tokyo's Haneda International has bettered KIA's growth. The report was published by RoutesOnline, a company focussing on the quality and standards of aviation globally. New Delhi's Indira Gandhi International Airport is placed sixth (with a growth of 32,76,183) while Hyderabad is placed 17th in terms of actual growth of passengers (20,97,087 passengers). |
| Source- The Indian Express |
Akshay Kumar and Salman Khan have made it to the Forbes’ list of World’s Highest-Paid Actors 2018, which was topped by George Clooney. Akshay and Salman made it to spot seven and nine, respectively. The world’s 10 highest-paid actors tallied a combined $748.5 million between June 1, 2017, and June 1, 2018, before fees and taxes. According to the list, while Akshay earned $40.5 million, Salman Khan earned $38.5 million. The list this year was topped by George Clooney. |
Top 3 on Forbes’ list of the world’s best-paid male actors 2018:
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| Source- Hindustan Times |
Income
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Savings & Investment
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Insurance and Pension
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| Source- NABARD |
![]() Smitha V. Crishna, a third-generation heir of the Godrej family, ranks first in the Kotak Wealth Hurun-Leading Wealthy Women 2018 list with an estimated wealth of Rs37,570 crore. Ms. Smitha owns one-fifth of the Godrej Group. Roshni Nadar, CEO and executive director at HCL, ranks second in the list with an estimated wealth of Rs30,200 crore. She also heads the Shiv Nadar Foundation. The chairperson of the Times Group, Indu Jain, ranks third in the list. Her wealth is estimated at Rs26,240 crore. |
| Source- The Hindu |
The Economist Intelligence Unit (EIU) released the Global Liveability Index 2018, the ranking of 140 global cities based on their living conditions. The EIU is part of UK magazine ‘The Economist’ and provides forecasting and advisory services through research and analysis. Delhi and Mumbai were the only two Indian cities that featured in the EIU’s annual index. Delhi was ranked at 112th position and Mumbai fetched 117th spot. Austria’s capital Vienna has been ranked as the world’s most liveable city, displacing Australian city of Melbourne. |
The Top three cities on the list are:
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India Ratings and Research (Ind-Ra) has revised down its FY19 economic growth forecast to 7.2% from 7.4% earlier. It cited the headwinds emanating from elevated global crude oil prices and the government’s decision to fix the minimum support prices of all kharif crops at 1.5x of the production cost as the reason for the downward revision. Ind-Ra also pointed to other headwinds lurking on the horizon such as the rising trade protectionism and depreciating rupee. |
| Source- The Hindu |
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