Daily Current Affairs, 12th February 2018 - VISION

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Monday, February 12, 2018

Daily Current Affairs, 12th February 2018







1)  Nitin Gadkari Releases India’s 1st Ever Highway Capacity Manual
•The Minister of Road Transport & Highways Mr Nitin Gadkari released India’s first ever Highway Capacity Manual (HCM) in New Delhi.

•The manual is also known as Indo-HCM and it has been developed by CSIR – CRRI on the basis of an extensive, country-wide study of the traffic characteristics on different categories of roads like a single lane, two-lane, multi-lane urban roads, and the associated intersections on these roads.

2)  PM Modi 3 Nation Visit- PM Modi Meets CEOs At India-Oman Business Meet
•On the last day of PM Modi's 3 Nation visit, he addressed business leaders at the 'India-Oman Business Meet',organised by Ministry of Commerce and Industry of Oman, in association with Embassy of India in Muscat.

•This forum aims at uplifting Omani and Indian entrepreneurs to conduct successful businesses with the other. PM Modi also met with Omani CEOs and share possibilities of greater investment in India.

3)  Mumbai 12th Richest City Globally, New York Tops: New World Wealth Report
•Mumbai, India's financial capital is the 12th richest city in the world with a total wealth of $950 billion, according to a report by New World Wealth. The list was topped by New York as the richest city in the world.

•Total wealth refers to the private wealth held by all the individuals living in each city. It includes all their assets (property, cash, equities and business interests) less any liabilities. Government funds are excluded from the figures.

4)  PM Modi 3 Nation Visit- ONGC Videsh, Partners Acquire 10% Stake In Abu Dhabi Oilfield
•ONGC (Oil and Natural Gas Corporation) Videsh Ltd and its partners have acquired a 10% in a large offshore oilfield Abu Dhabi National Oil Co.’s (ADNOC) in Abu Dhabi for $600 million. It is the first time any Indian company has set foot in oil-rich Emirate.

•The current production of this field is about 400,000 barrels of oil per day (20 million tonnes per annum) and Indian consortium’s annual share shall be about 2 million tonnes. The contract for the concession was signed in Abu Dhabi in presence of Abu Dhabi Crown Prince Sheikh Mohamed bin Zayed al-Nahyan and Prime Minister Narendra Modi.

5)  PM Modi 3 Nation Visit- India, Oman Sign 8 MoUs
•India and Oman have signed eight MoUs in different areas during PM Narendra Modi’s maiden visit to the Gulf nation. The fields in which the agreements were inked include defence, health and tourism.

•An MoU on legal and judicial co-operation in civil and commercial matters was also signed. The agreements were inked after Mr Modi held delegation-level talks with the Sultan of Oman, Qaboos bin Said al Said in Muscat.

6)  Rohan More Becomes 1st Asian To Swim Across Ocean Seven
•Pune-based swimmer, Rohan More became the first Asian as well as the first Indian to swim across the Ocean Seven. He is the youngest to complete it. He swam across the Cook Strait between North and South Islands of New Zealand in 8 hours and 37 minutes.

•With this, More becomes only the ninth person in the world to complete it. He has received the Tenzing Norgay Award from the Indian Ministry of Youth Affairs and Sports. The award, also known as the National Adventure Award, was presented by President Ram Nath Kovind.




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