14th May 2018 Current Affairs GK in English | Daily Current GK News
1. Prof Muhammad Yunus conferred KISS Humanitarian Award
- Economist Muhammad Yunus has been honored with the 11th KISS Humanitarian Award 2018.
- Yunus is the founder of Grameen Bank in Bangladesh and known as the Father of Microfinance.
- Prof Yunus is the second Nobel laureate to be conferred the award.
- KISS Humanitarian Award is an international award given to one who has made exceptional contribution in the society distinguishing himself as the true humanitarian,
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2. Bangabandhu Satellite, Bangladesh’s most powerful satellite released
- SpaceX has launched Bangladesh’s maiden high-orbit communications satellite called Bangabandhu Satellite-1.
- It is named after Bangladesh’s “Father of the Nation”- Bangabandhu Sheikh Mujibur Rahman.
- So far, the communication of Bangladesh was based on rented transponders from India. But now, it will make Bangladesh autonomous, in terms of telecommunications and broadcasting services.
3. Fitch, India’s growth to accelerate to 7.3% in next fiscal
- The rating agency Fitch has said that India’s Economic growth will be 0.2 percent high i.e. 7.5% in the next fiscal year.
- According to Fitch, India’s ratings balance a strong medium-term growth outlook and favourable external balances against a weak fiscal position and difficult business environment.
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4. India defeat Japan in Women’s Asian Champions Trophy
- In the Hockey event of 5th Women’s Asian Champions Trophy, India defeated Japan by 4-1.
- Navneet Kaur gave the best performance scoring a hat-trick in the match for the defending champions.
- Besides India, Japan, China and hosts South Korea, Malaysia is the other team taking part in the tournament.