Current Affairs March 2016 - Reports


News 1 − Mukesh Ambani richest Indian according to Forbes 2016 List.

Mukesh Ambani

Once again, Reliance Industries chairman, Mukesh Ambani, topped 84 Indian billionaires in Forbes 2016 list of the world's richest people. Bill Gates, with a net worth of $75 billion, was the highest ranked billionaire. He has topped the list for 17 of the last 22 years. The second and the third spot was acclaimed by Spanish clothing Amancio Ortega, best known for the Zara fashion chain and Warren Buffett respectively.

United States led with the greatest number of billionaires, with 540, followed by China with 251, Germany with 120, India with 84 and Russia with 77. About 198 newcomers made it to the list. China added 70 to the list 33 from USA, 8 from India and 28 from Germany. Notable newcomers included Flipkart co-founders Sachin Bansal and Binny Bansal (No. 1476) of India.

News 2 − TCS Recognized as the Top Global Employer.

TCS Top Global Employer

Tata Consultancy Services has been recognized as a Global Top Employer by the Top Employers Institute. This makes it one in only eight organizations worldwide to have achieved this status. In its assessment of 1,072 companies worldwide, the Top Employers Institute rated TCS as an exceptional performer across nine core Human Resources (HR) areas: talent strategy, workforce planning, on-boarding, learning and development, performance management, leadership development, career and succession management, compensation and benefits and company culture.

This certification is only awarded to the best employers around the world — organizations that demonstrate the highest standards of employee offerings.

News 3 − India Ranked 90th in terms of energy security, access.

Energy Security

In the latest Global Energy Architecture Performance Index Report prepared by World Economic Forum, India has been ranked 90th in terms of Energy Security. The report had 126 countries in the list based on their ability to provide energy access across three dimensions of the “energy triangle” — affordability, environmental sustainability, security and access.

The top ten countries in the list are – Switzerland (1st), Norway(2nd), Sweden (3rd), France (4th), Denmark (5th), Austria (6th), Spain (7th), Colombia (8th), New Zealand (9th) and Uruguay (10th). Among the BRIC nations, Brazil was ranked 25th, followed by Russia (52nd), India (90th), China (94).

News 4 − Gujarat, Delhi, Tamil Nadu Top States for investment potential.

National Council of Applied Economic Research

According to a report submitted by NCAER (National Council of Applied Economic Research), Gujarat has topped the list of 21 states with most investment potential, followed by Delhi, Tamil Nadu, Andhra Pradesh, and Maharashtra. The lowest in the rankings are the UP, Bihar, and Jharkhand.

The 21 states were ranked on the basis of five factors - political stability, infrastructure, economic climate, governance, and perceptions.

News 5 − Sustainable Plus Survey reveals Reliance Industries, Tata Motors among top 10 sustainable firms.

Sustainable Development

The Sustainable Plus survey conducted by CII-ITC Centre of Excellence for Sustainable Development revealed that corporate giants like Reliance Industries, Vedanta, Mahindra & Mahindra, Tata Motors and Wipro are among the top 10 companies, to have been listed as India's most sustainable firms. The other power packs in the list were ITC, Tata Power, Tata Chemicals, Hindustan Zinc and ACC.

News 6 − India becomes second biggest investor in London.

India Becomes second biggest investor in London

London & Partners, the official promotional company for London, has announced that India has become the second biggest investor in London after the US and ahead of China with a 117% increase in Indian companies across all sectors investing in the British capital during 2015. Also, there has been a 133 per cent increase in tech companies investing in the city, which accounts for 46 per cent of all projects.

The figures were released at the inaugural India Emerging 20 (IE20) event.

News 7 − TIME magazine released the 30 Most Influential People on the Internet

Most Influential People

TIME magazine revealed its second annual 30 Most Influential People on the Internet list. The list has been topped by the artist and entrepreneur Kanye West. India’s Prime Minister Narendra Modi stood at 15th in the list.

Editors from TIME compiled the list based on two primary criteria: global impact through social media and overall ability to drive news.

Top 10 among Time's 30 Most Influential People on the Internet list

  • Kanye West
  • Joy Cho
  • James Corden
  • Laci Green
  • Josh Holz and Daniel Lara
  • DJ Khaled
  • Johnetta Elzie and DeRay Mckesson
  • J.K. Rowling
  • Felix Arvid Ulf Kjellberg (a.k.a. PewDiePie)
  • Donald Trump

News 8 − India ranks 118th on USDN’s World Happiness Index.

World Happiness Index

The World Happiness Report 2016 Update, which ranks 156 countries by their happiness levels, was released in Rome by the United Nations Social Development Network (UNSDN) in advance of UN World Happiness Day, March 20th.

Denmark topped the list as the happiest place in the world and Burundi was ranked at the bottom as the least happy nation. India slipped one rank this year to be ranked 118th out of 156 countries.

The top ten countries include Denmark, Switzerland, Iceland, Norway, Finland, Canada, Netherlands, New Zealand, Australia and Sweden.

News 9 − 14 Indians Among World’s Top 100 Venture Capitalists.

Venture Capitalists

In a report prepared by CB Insights, a research firm that tracks VC and angel investments, Fourteen Indian-origin investors find place in a list of top 100 global venture capitalists (VCs). Peter Fanton of Benchmark Capital was the topper of the list.

The report evaluated the investors on the basis of their investments since 2008. Sameer Gandhi of Accel Partners at rank 25 was the top-ranked Indian venture capitalist.

News 10 − Surat, Rajkot Cleanest Railway Station; Varanasi, Pune Among the Dirtiest: Survey.

Surat Railway Station

According to a survey released by Indian Railway Catering and Tourism Corporation (IRCTC), Surat is the cleanest railway station in the country, followed by Rajkot and Bilaspur (Chhattisgarh) among the 75 A1-category railway stations followed by Solapur and Mumbai Central in Maharashtra, Chandigarh, Bhubaneshwar (Odisha) and Vadodara (Gujarat). The least clean stations included Guwahati, Hazrat Nizamuddin (Delhi), Sealdah (West Bengal), Kanpur Central (UP), Bhopal (Madhya Pradesh) and Muzaffarpur (Bihar).

Varanasi's railway station ranked poorly in terms of cleanliness as it stood at 65, among the 75 A-1 railway stations (those earning revenue more than Rs. 50 crore) surveyed. As many as 75 A1 and 332 A category stations across 16 zonal railways were covered by the survey. IRCTC had engaged TNS India Pvt. Ltd for undertaking the work.

News 11 − Hinduja brothers top United Kingdom’s ‘Asian Rich List’.

Asian Rich List

Hinduja brothers, G P Hinduja and S P Hinduja, have emerged as the richest Asian-origin entrepreneurs in Britain for the fourth consecutive year. They had added one billion pounds to their personal fortune in a year to be worth an estimated 16.5 billion pounds.

The 'Asian Rich List' assesses the total wealth of Britain's top 101 richest Asians. It is compiled by UK-based publishing house Asian Media and Market. Steel tycoon Lakshmi Niwas Mittal stood second in the list.

News 12 − Detailed Project Report on Forestry Interventions for Ganga released.

River Development

Union Minister for Water Resources, River Development and Ganga Rejuvenation Uma Bharti released the Detailed Project Report (DPR) on Forestry Intervention for Ganga. The DPR has been prepared by Forest Research Institute (FRI) Dehradun.

Altogether, 40 different plantation and treatment models have been selected for implementation by Uttarakhand, Uttar Pradesh, Bihar, Jharkhand, and West Bengal. The project will be implemented over a period of five years by the State Forest Departments of these five states in Phase-I (2016-2021).

News 13 − Health Ministry Launches Longitudinal Ageing Study in India.

Longitudinal Ageing Study

The Ministry of Health & Family Welfare launched the Longitudinal Ageing Study in India (LASI). It is the largest survey of its kind. It will survey more than 60,000 elderlies over 25 years plan and will provide scientifically validated data on various issues of the elderly.

The International Institute for Population Sciences (IIPS), Mumbai in collaboration with Harvard School of Public Health (HSPH) and University of Southern California (USC), USA is undertaking the LASI survey.

News 14 − Fortune names Arvind Kejriwal among world’s 50 greatest leaders.

Arvind Kejriwal

Chief Minister of Delhi, Arvind Kejriwal, has been named among the world’s 50 greatest leaders by Fortune magazine. Ranked 42 in the Fortune’s third annual ‘World’s 50 Greatest Leaders’ list, he is the sole Indian leader on the list. The list is topped by Amazon CEO Jeff Bezos. Fortune credits Kejriwal for his efforts to curb pollution in New Delhi through the odd-even scheme.

The list includes German Chancellor Angela Merkel (2), Myanmar’s pro-democracy leader Aung San Suu Kyi at (3), US astronaut Scott Kelly and Russian cosmonaut Mikhail Kornienko (22), IMF Managing Director Christine Lagarde (36), Bill & Melinda Gates Foundation Co-chair and CEO Melinda Gates and Susan Desmond-Hellmann (41), Canadian Prime Minister Justin Trudeau (48) and Bhutanese Prime Minister Tshering Tobgay (50).

News 15 − India, China led investments in Renewable Energy in 2015: UN report.

Renewable Energy Investment

According to a report, ‘Global Trends in Renewable Energy Investment 2016", published by the UN Environment Program, the developing countries committed USD 156 billion investment in renewable energy as compared to USD 130 billion by developed countries.

China with USD 102.9 billion made the most, almost one third of the global investment. India was also among the top 10 investing countries with its commitments rising 22 per cent to USD 10.2 billion. The US, Japan, UK Brazil, South Africa, Mexico and Chile all made it to the top 10 investing countries in 2015.