Government to establish National Women Entrepreneurship Council

  • The Ministry of Women and Child Development is considering to establish National Women Entrepreneurship Council (NWEC).
  • NWEC will promote entrepreneurship as it would be the umbrella organization for socio-economic gender parity, financial inclusion and economic empowerment of women in India.
  • It was announced by Minister of State for Women and Child Development, Dr. Virendra Kumar.

Mumbai: 12th Richest City Globally

  • Mumbai, India’s financial capital is the 12th richest city in the world with a total wealth of $950 billion.The report was released by New World Wealth.
  • The list of 15 wealthiest cities was topped by New York with a total wealth of $3 trillion.
  • London ranked second in the list with $2.7 trillion, followed by Tokyo ($2.5 trillion), and San Francisco Bay area ($2.3 trillion).
  • Total wealth refers to the private wealth held by all the individuals living in each city.


India and Oman sign 8 agreements

Prime Minister Narendra Modi held wide-ranging talks with the Sultan of Oman Sultan Qaboos and signed eight agreements.

The list of Agreements/MOUs signed on the occasion of the visit of Prime Minister of Oman:

  1. Agreement of Legal Judicial Cooperation in civil and Commercial Matters.
  2. Agreement of Mutual Visa Exemption for Holders of Diplomatic, Special, Service and Official Passports.
  3. MoU on Cooperation in the field of Health.
  4. MoU for Cooperation in the peaceful uses of outer space.
  5. MoU cooperation between Foreign Service Institute, Ministry of External Affairs, India and Oman Diplomatic Institute.
  6. MoU Academic and Scholarly Cooperation Sectors between National Defence College, Sultanate of Oman and the Institute for Defence studies and analyses.
  7. MoU in the Field of Tourism Cooperation between India and Oman.
  8. Annexure to the MoU on Military Cooperation.


Capital: Muscat

Currency: Omani Rial

PM Modi lays foundation stone of first Hindu temple in Abu Dhabi

  • Prime Minister Narendra Modi officially launched the foundation stone-laying ceremony for the first Hindu temple in in Al Wathba, Abu Dhabi, the capital city of United Arab Emirates (UAE).
  • This is the first stone temple to be built in Abu Dhabi off Dubai-Abu Dhabi highway and it will be completed by 2020.



SBI Write Off Bad Loans Worth Over Rs 20,000 crore

  • The country’s largest lender SBI write off bad loans worth Rs 20,339 crore in 2016-17.
  • It is the highest among all the public sector banks, which had a collective write off of Rs 81,683 crore for the fiscal.
  • Besides SBI, Punjab National Bank had a write-off of Rs 9,205 crore in 2016-17, followed by Bank of India (Rs 7,346 crore), Canara Bank (Rs 5,545 crore).


Headquarters: Mumbai

Chairperson: Rajnish Kumar

ONGC Videsh, Partners Acquire 10% Stake In Abu Dhabi Oilfield

  • ONGC Videsh Ltd and its partners have acquired a 10 percent in a large offshore oilfield in Abu Dhabi,Abu Dhabi National Oil Co.’s (ADNOC) for USD 600 million.
  • 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.
  • It was signed in Abu Dhabi in presence of Abu Dhabi Crown Prince Sheikh Mohamed bin Zayed al-Nahyan and Prime Minister Narendra Modi.


Headquarters: Uttarakhand

CEO: Shashi Shanker


Rohan More becomes first 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.
  • Rohan is the youngest person in the world to swim across the Ocean Seven.
  • He has received the Tenzing Norgay Award from the Indian Ministry of Youth Affairs and Sports.


Asma Jahangir Passed Away

  • Pakistan’s well known human rights lawyer and social activist Asma Jahangir.
  • Asma co-founded and chaired the Human Rights Commission of Pakistan. She had also been Supreme Court Bar Association president.

Johann Johannsson passed away

  • Johann Johannsson, an award-winning composer and producer passed away.
  • Johannsson won a Golden Globe and received Grammy and Oscar nominations for his score for “The Theory of Everything,”.


National Productivity Day – FEB 12

  • National Productivity Council is observing National Productivity Day February 12 and National Productivity Week till 18th February.
  • The theme for the National Productivity Week is – Industry 4.0 Leapfrog Opportunity for India.

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