Current Affairs For Bank, IBPS Exams - 27 December, 2013

Current Affairs For Bank, IBPS Exams

India is likely to overtake Japan in 2028 to become the third largest economy in the world after China and United States, according to London-based economic consultancy Cebr.
As per Cebr's World Economic League table report for 2013, India has lost a place in the league table in 2013 to Canada and is now the 11th largest economy in the world.
The Cebr World Economic League Table (WELT) is an annual calculation by the consultancy. The base data for 2012 is taken from the IMF World Economic Outlook and the GDP forecast draws on Cebr's Global Prospects model to forecast growth, inflation and exchange rates.
The report gives an end of year report on GDP in the 30 largest economies in the world and forecasts countries that will be in the 'top thirty' after 5, 10 and 15 years.

Lower competition and an increase in usage of data and value-added services will help large telcom companies post a 20 percent increase in operating profit over the next two years,according to rating agency Crisil.
Competition in the Indian telecom market had eased of late as companies started increasing fares a few months back.
Crisil expects the companies to sustain the pricing power for the next two to three years. For large telcos, average realised rate per minute (ARPM) stabilised in 2012-13, while it improved by around 5 percent in the first half of the current fiscal as tariffs were hiked in select circles.
Crisil expects the companies to sustain the pricing power for the next two to three years. For large telcos, average realised rate per minute (ARPM) stabilised in 2012-13, while it improved by around 5 percent in the first half of the current fiscal as tariffs were hiked in select circles.

Two new junior national records were created on the opening day of the 50th Men and 26th Women Junior National Weightlifting Championships at Guwahati.
S Mirabai Chanu of Manipur lifted 75kg in women`s 48kg category snatch event, bettering her own record by one kg.
Chanu swept the gold by winning a yellow metal each in clean and jerk (95kg) and total lift (170kg).
Harshdeep Kaur of Punjab created the second record of the day by lifting 79 kg in snatch in women`s 53kg category contest, erasing the earlier record of 78kg held by M Santoshi of Andhra Pradesh.
Harshdeep also swept the gold by winning a yellow metal each in clean and jerk (95kg) and total lift (174kg).
More than 255 weightlifters, including international medallists, from across the country are participating in the Championships in 15 bodyweight categories -- eight men and seven women.

The Indian cricket board will reward off spinner Ravichandran Ashwin with the Polly Umrigar Award for being India’s best international cricketer of 2012-13.
India’s best performers in the senior and the junior level cricket in a period of 12 months from October 1, 2012 to September 30, 2013, will be felicitated at the BCCI’s annual awards ceremony, to be held in Mumbai on January 11.
Ashwin took 43 wickets and scored 263 runs in Tests. In ODIs, he took 24 wickets from 18 matches and three wickets from four T20Is.
Abhishek Nayar will receive the Lala Amarnath Award for being the best all-rounder in the 2012-13 edition of the Ranji Trophy. He scored 966 runs at an average of 96.6.
The achievers of 2012-13 apart, Rohit Sharma will receive the Dilip Sardesai Award for being India’s best cricketer in the recent Test series against the West Indies. He scored hundreds in both Tests.