India jumps 16 places in WEF competitiveness ranking

India has jumped 16 places in the World Economic Forum’s global competitiveness ranking, a result of the positive way in which the current government is viewed by investors.The rankings show India ranked 55 out of 140 countries. While this is an improvement over last year’s 71 out of 144 (and 2013’s 60 out of 148; 2012’s 59 out of 144; and 2011’s 56 of 142), it is lower than India’s rank in 2010 (49 of 133), 2009 (50 of 134), 2008 (48 of 131), and 2007 (43 of 125).

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Source: Livemint

All The Productivity Tips You Need In 9 Infographics

Ever notice how some people come across as having their act together? They are able to get their work done on time, every time. They have the time and energy for 100 different things. Yet, they always seem non-frazzled, non-overwhelmed, and non-frantic.Do you console yourself with the thought that these are a special breed of people with a special DNA sequence? Sadly, that is far from the truth. These are regular human beings like you and me. The only difference is that they know the tips and tricks to being super-productive. Productivity is achievable once you learn the tricks and apply them in your life. The following 9 infographics will arm you with the knowledge and productivity tips you need.

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Source: All The Productivity Tips You Need In 9 Infographics

RBI cuts Bank Repo rate 50bps; has sound reasons behind the move

The Reserve Bank of India’s (RBI’s) move to cut 50 basis points (half a percentage point) in repo rate, in its fourth bi-monthly Monetary Policy Statement, 2015-16, has sound reasons behind it.

According to RBI governor Raghuram Rajan, the reasons for the cut were:

  1. Commodity prices are low, and given low capacity utilization of industry, more domestic demand is needed, especially because global demand is low.
  2. The government has reaffirmed its intent to stick to the fiscal straight-and-narrow.
  3. Inflation is expected to be 5.8% in January 2016, lower than RBI’s previous estimate of 6%, and 4.8% in January 2017.

The gap between bank rates and the policy rate after this cut is now around 3 percentage points. Mr Rajan said RBI would prevail on the government to help on this front—perhaps a seen as a request to the Finance Ministry to tell State-owned banks to lower rates.


NASA Scientists Confirm The Presence Of Flowing Water On Mars – Forbes

There’s virtually no question that Mars was, at one point, a watery world. Mars rovers have found evidence of geological deposits that require flowing water to create. Curiosity has found the location of an ancient Martian stream. Curiosity has also found that water actually exists in Martian soil.“Mars used to have a huge ocean that may have been as much as a mile deep 3 billion years ago,” NASA’s Jim Green said at a press conference. “It had extensive water resources. But something happened. Mars had a major climate change and lost its surface water.”But it didn’t lose it completely. Images from the Mars Reconnaissance Orbiter taken last year seemed to indicate that there might still be water flowing on the Martian surface. The focus of those images were ”recurring slope lineae” or RSL for short. These are dark lines viewed on mountains on Mars as temperatures rise. Those MRO images focused on minerals left behind by the RSL as they receded, which were both iron-containing and not found on mountains without RSL. That wasn’t a smoking gun, but it did indictate a good chance that RSL are, in fact, water flows.

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Source: Forbes

Current Affairs sections updated with August 2015 events

The Current Affairs sections:

Notes on Current Affairs
Current GK
Appointments Etc
Sports News

have been updated with August 2015 news.

These sections are useful for those preparing for Civil Services Exam, UPSC Exams, SSC Exams, Assistant Grade Exam, LIC and other Insurance Recruitment exams, Defence Services exams like NDA & CDS, Bank PO, RBI, Clerks’ Recruitment Exams, MBA, Hotel Management, CLAT, CSAT etc

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