Top 10 Weekly Current Affairs: 19 August to 24 August 2019
Union Finance Minister Nirmala Sitharaman has assured that the Indian economy is at a better position in comparison to others.
Union Finance Minister Nirmala Sitharaman said that the current projected global GDP growth is of about 3.2 % and it is probably going to be even revised downwards. She further stated that the global demand has been weak and it is expected to reduce further due to the ongoing trade war between the US and China. The fluctuation in the Chinese currency also plays a huge role in it. However, she assured that the Indian economy is at a better position in comparison to others.
Financial Action Task Force (FATF) Group places Pakistan on its Blacklist (Enhanced Expedited Follow Up List) for its failure in meeting the required global standards; and combating terrorism and money laundering. Pakistan was put in the Enhanced Blacklist of Asia Pacific Group (APG) because of the following reasons - Pakistan was non-compliant in 32 of the 40 Compliance Parameters on Money Laundering & Terror Financing, and it ranked low in 10 of the 11 Effectiveness Parameters.
Forbes has released the list of world’s highest-paid actors. While Dwayne Johnson topped the list, Bollywood star Akshay Kumar was ranked fourth with an earning of USD 65 million (about Rs 450 crore). Akshay Kumar is the only Bollywood actor who has featured on the list. He beat Hollywood actors including Chris Evans, Bradley Cooper and Will Smith to get the position.
Former Finance Minister P Chidambaram was arrested by the CBI and ED officials on August 21, 2019 after a 55 -minute drama at his Jor Bagh residence in New Delhi. The high drama enfolded after the Delhi High Court rejected Chidambaram’s bail plea in the INX Media case. Before his arrest, Chidambaram, who had been untraceable for almost 27 hours since Monday afternoon, appeared briefly at the AICC headquarters to address the media on the charges leveled against him.
Amazon rainforest, the world's largest rain forest is at the risk of getting burned out completely. The rainforest, which contributes almost 20 percent of the earth’s oxygen, has been burning for over 16 days resulting in a major loss of trees and biodiversity. It will get completely burned out if it is not put out soon.
The Supreme Court on August 20, 2019 stressed on the need to find a balance between the right to online privacy and the right of the state to trace originators of messages that are fake, defamatory or aim to spread panic. The Tamil Nadu Government had told the Supreme Court on Monday that the user profiles on social media need to be linked with Aadhaar to keep a check on the circulation of fake, defamatory and pornographic content as well as anti-national and terror material.
Union Defence Minister Rajnath Singh while paying homage to former PM Atal Bihari Vajpayee in Pokhran said that India has strictly adhered to ‘No first use’ doctrine. However, he also added that what happens in future depends on the circumstances. Rajnath Singh was in Pokhran to pay respects to late Prime Minister Atal Bihari Vajpayee on his first death anniversary. Rajnath Singh’s tweet has started a fresh debate about ‘No first use’ doctrine.
Former Bihar Chief Minister Jagannath Mishra passed away at a hospital in New Delhi on August 19, 2019. He was 82 and suffering from some health issues for several months. He was three-time Chief Minister of the state. Jagannath Mishra was the last Congress Chief Minister in the state of Bihar. On his demise, the current Bihar Chief Minister Nitish Kumar declared a three-day state mourning.
India is the largest emitter of anthropogenic sulphur dioxide in the world, as per the data released by environmental NGO Greenpeace on August 19, 2019. Anthropogenic sulphur dioxide is produced from burning of coal and it is known to largely contribute to air pollution. The main SO2 hotspots in India include Singrauli in Madhya Pradesh, Korba in Chhattisgarh, Talcher and Jharsuguda in Odisha and Neyveli and Chennai in Tamil Nadu.
Chandrayaan-2 was successfully inserted into a Lunar orbit. Indian Space Research Organization (ISRO) made a successful maneuver of spacecraft into the lunar orbit. According to the ISRO, a series of orbit maneuvers will be performed on Chandrayaan-2 spacecraft to enable it to enter its final orbit passing over the lunar poles at a distance of about 100 km from the Moon’s surface.