Daily GK Update

Daily Current Affairs – 15 January 2021

Current Affairs 15 January 2021

Daily Current Affairs 15 January 2021: This post contains the latest current affairs for 15 January 2021 that are important for all competitive exams like Bank, SSC, IBPS, SBI exams. You can also attempt our Current Affairs Quiz after reading our daily current affairs.

National


Indian Army inks $20 mn contract with ideaForge to buy SWITCH drones

  • The Indian Army has recently signed a contract with Mumbai-based  drone manufacturing company, ideaForge, to procure high-altitude variant of SWITCH unmanned aerial vehicles (UAVs).
  • The total cost of the deal is approximately USD 20 million. However the quantity of UAVs to be procured is not disclosed.
  • SWITCH are fixed-wing UAV, capable of vertical takeoff and landing. They can be deployed at high altitude and harsh environments for day-and-night surveillance.
  • These UAVs will be delivered to the Indian Army over a period of one year.

Indian Army inks $20 mn contract with ideaForge to buy SWITCH drones

Economy


Fitch Ratings Projects GDP of India at -9.4% in FY21 & 11% in FY22

  • The Fitch Ratings expect gross domestic product (GDP) of India to contract by 9.4 percent in FY21 (April 2020 to March 2021).
  • Fitch further projects the GDP to expand by 11 percent in FY22 (April 2021 to March 2022).

Fitch Ratings Projects GDP of India at -9.4% in FY21 & 11% in FY22

Business


Elon Musk-owned Tesla Inc. sets up first India entity in Bengaluru

  • Elon Musk-owned electric vehicle (EV) company Tesla has registered a fully-owned subsidiary in Bengaluru.
  • The company will be called ‘Tesla India Motors and Energy Private Limited’.
  • The Tesla India unit was incorporated on January 8, 2021.
  • The total paid up capital of the company is Rs 1,00,000 and authorised share capital is Rs 15 lakh.
  • This is the first centre of the American giant Tesla in India.
  • Tesla, the most valuable auto company in the world, plans to open such centres in 5 states of India.
  • Tesla headquarter – California, United States

Elon Musk-owned Tesla Inc. sets up first India entity in Bengaluru

Appointment


Sadyr Japarov wins Kyrgyzstan’s Presidential Election with Landslide Votes

  • Sadyr Japarov, has won the Kyrgyzstan’s Presidential election by a landslide victory. The 52-year-old won 79% of the total votes cast.
  • He would assume the charge of the office from 28 January 2021.
  • KyrgyzstanCapital: Bishkek;Currency: Kyrgyzstani som

Sadyr Japarov wins Kyrgyzstan's Presidential Election with Landslide Votes

Dushyant Dave Resigns as SC Bar Association (SCBA) President

  • The Supreme Court Bar Association (SCBA) President Dushyant A. Dave has resigned from his post with immediate effect on 14 January 2021.
  • The SCBA is an Indian bar association, comprising the practising lawyers of the Supreme Court of India.

Days


Indian Army Day: 15 January

  • The Army Day in India is celebrated on 15 January every year, to salute the valiant soldiers who sacrificed their lives to protect the country and its citizens.
  • 2021 marks the 73rd Indian Army Day.
  • The day is marked to commemorate the day when General (later Field Marshal) KM Carriappa took over the command of Army from General Sir FRR Bucher, the last British Commander-in-Chief in 1949 and became the first Commander-in-Chief of Indian Army post Independence.

Indian Army Day: 15 January

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