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Current Affairs 31th May 2018

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International Conference on the TRIPS CBD Linkage 7-8 June 2018 in Geneva

India has taken the lead in seeking to revive WTO discussions on issues related to preventing theft of traditional knowledge. Government of India, along with the Centre for WTO Studies, Indian Institute of Foreign Trade and the South Centre (an inter-governmental organisation based in Geneva), are organising an International Conference on TRIPS- CBD Linkage in Geneva on 7-8 June 2018.

174th meeting of ESIC held in New Delhi

Some very important decisions were taken towards improvements in service delivery mechanism of ESIC in 174th meeting of ESI Corporation in New Delhi yesterday under the Chairmanship of Shri Santosh Kumar Gangwar, Union Minister of State for Labour & Employment (I/C).

Ministry of Railways organizes a one day workshop ‘Mission Raftar’ aimed at raising the average speed of freight trains and coaching trains

Ministry of Railways conducted a one day workshop “Mission Raftaar” aimed at raising the average speed of freight trains and coaching trains in New Delhi.  The workshop was inaugurated by Shri Rajen Gohain, Minister of State for Railways & Shri Ashwani Lohani, Chairman,Railway Board. All the members of Railway Board along with General Managers of Zonal Railways & Senior Railway officers were present on the occasion.

Ministry of Railways Launches New User Interface of its Next Generation e-Ticketing System

In line with Union Minister of Railways Shri Piyush Goyal’s vision to ensure better user experience by recommending best Information Technology industry practices, Railway’s Online Travel Portal –www.irctc.co.in has now launched beta version of its new User Interface. The new link has more user friendly features for easier navigation.

Tourism Minister to launch first ever guidelines by government on Adventure Tourism

The Government is for the first time issuing guidelines for Adventure Tourism in India. These guidelines will be launched by the Minister of State for Tourism (Independent Charge), Shri. K. J. Alphons, at an event in New Delhi on 31st May 2018. The guidelines on Safety and Quality Norms for Adventure Tourism in India have been formulated along with the Adventure Tour Operators Association of India (ATOAI).

IBM unveils Watson-powered software for marketing firms

IBM has announced that it will offer its Watson Customer Engagement (WCE) software for enterprise customers through its India data centre.

Watson is IBM’s AI solution, which gained popularity after it beat humans in a quiz show in the US.

Snapchat in pact with Tyroo for sales, support in India

Social media firm Snapchat is setting up its first sales and support team in India in partnership with ad tech firm Tyroo, a Smile Group company.

Under the agreement, Tyroo will manage sales and support for all Snapchat products in India and their revenue management. The company is setting up a team of 40 people to build ad revenue strategy for Snapchat in India and to support marketers

Moody’s trims GDP growth forecast for 2018 to 7.3%

International agency Moody’s Investor Services, on Wednesday, cut India’s growth forecast to 7.3 per cent for calendar year 2018. However, it has maintained the estimate for 2019 at 7.5 per cent.

Microsoft is third most Valuable Firm Globally

Software giant Microsoft surpassed Google’s parent company Alphabet in market capitalization for the first time in three years. Microsoft becomes the third most valuable firm globally after Apple and Amazon. Microsoft had a market cap of $753 billion at the close of trading, almost $14 billion ahead of Alphabet. While Apple leads with a market cap of nearly $924 billion, Amazon is at a distant second, with nearly $783 billion.

 

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