Current Affairs - 6th and 7th April 2014
Executive director of US in IMF
USA has nominated Sunil Sabarhwal as the alternate executive director of International Monetary Fund (IMF). He is an independent American investor in payments sector.
Nigeria to overtake S Africa as Africa’s biggest economy
Nigeria, Africa’s largest oil producing nation is set to become the largest economy of the continent. Although countries carry this exercise every year as per the guidelines of UN, Nigeria will exercise GDP calculations after 1990. Nigeria’s economy is expected to increase by as much as 60 per cent, taking it from $264 billion past South Africa’s $384 billion.
T-20 World Cup final
Srilanka defeated India in the final to clinch the T-20 world cup trophy in the match held in Dhaka, Bangladesh. Lasith Malinga was the captain of the winner team.
Sun Pharma to acquire Ranbaxy
Sun Pharmaceutical Industries Ltd is to acquire 100 per cent of Ranbaxy Laboratories Ltd in an all-stock transaction and the combine revenues will total to a whooping amount of $4.2 billion. Ranbaxy shareholders will receive 0.8 shares in Sun Pharma for each Ranbaxy share. In January, the US Food and Drug Administration banned imports from a Ranbaxy unit in India due to quality control violations.
Asian Award 2014
Indian captain Mahendra singh Dhoni won the Asian Awards 2014 for his outstanding achievements in the field of sports.
Femina Miss India 2014
The titles are:-
Miss India World:- Koyal Rana
Miss India 1st runner up:- Jhatakela MAlhotra
Miss India 2nd runner up:- Gail Da’Silva
Committee for Andhra Pradesh
The union govt. has constituted a 5 member committee to recommend the successor capital for Andhra Pradesh under the chairmanship of K. Shivaramakrishnan. Hyderabad, which will be the capital of Telangana, will be the joint capital of the two states for ten years and within that period the residuary Andhra Pradesh state will have to build a new capital.
IRNSS -1B launched
The ISRO launched country’s second navigational satellite IRNSS-1B into the earth orbit. It was launched from PSLV-C24 rocket from Satish Dhawan Space centre, Shri Harikota in Andhra Pradesh. IRNSS-1B stands for Indian Regional Navigational Satellite System -1B. The Indian Regional Navigation Satellite System (IRNSS) comprises of seven satellites. Once completed, the IRNSS system will offer navigational services, for both civilian and defense purposes, in India and also 1,500 km beyond its borders.
President of Malta
Marie-Louise Coleiro Preca has become the 9th president of Malta and 2nd women president of the country. She succeeds George Abela for the next 5 years.
The European Union launched Sentinel-1A
The EU launched Sentinel-1A, the first satellite of it Copernicus Earth observation project from French Guiana. It is meant to monitor Earth for climate change and environmental damage and help disaster relief operations.
