 The Arab Economic and Social Development Summit held in Lebanon’s capital Beirut. The leaders of many Arab countries took part in the summit aimed to make a joint statement on a 29-item agenda that ranges from discussions on an Arab free trade zone and the economic effect of Syrian refugees on host countries. The economic meeting is a prelude to the actual Arab League summit taking place in Tunisia in March. |
| Source: AIR World Service |
 The World Economic Forum (WEF) annual meet had begun in Davos, Switzerland. The meeting will continue for 5 days. The theme of the event would be ‘Globalization 4.0: Shaping a Global Architecture in the Age of the Fourth Industrial Revolution’. More than 100 CEOs from India expected to be participating in the meet. Those expected to attend include German Chancellor Angela Merkel, Swiss President Ueli Maurer, Japan’s Shinzo Abe, Italy’s Giuseppe Conte and Israel’s Benjamin Netanyahu. |
| Source- AIR World Service |
 India and Japan-India Cooperative Actions (JICA) signed the loan agreements under the Japanese Official Development Assistance Loan Program. The Loan Agreements were signed by Dr. C.S. Mohapatra, Additional Secretary, Department of Economic Affairs, Union Ministry of Finance, and Katsuo Matsumoto, Chief Representative, JICA in New Delhi. |
The agreements under the Japanese Official Development Assistance Loan were signed for two projects.
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| Source- Press Information Bureau (PIB) |
 Defence Minister Nirmala Sitharaman inaugurated the 426 meters long Diffo Bridgeover Chipu River in Lower Dibang Valley District of Arunachal Pradesh. Border Roads Organization (BRO) has constructed the bridge along Indo-China border. The construction of the bridge began in 2011. The total cost to build the bridge was Rs 4,847.83 lakh and was funded by the Union ministry of road transport and highways. |
| Source: News on AIR |
 The 15th edition of Pravasi Bhartiya Divas begins at Varanasi in Uttar Pradesh. The 3 day event is being organised in Varanasi for the first time. The theme this year is, ‘Role of Indian Diaspora in building New India’. Several world leaders of Indian origin, including the Chief Guest Mr. Pravind Kumar Jugnauth, Prime Minister of Mauritius, will take part in the event and share their insights on the theme. Youth Pravasi Bhartiya Divas and Uttar Pradesh Pravasi Bhartiya Divas held on the opening day. Information and Broadcasting Minister Rajyavardhan Rathore inaugurated several exhibitions including a digital exhibition on the theme of ‘Ek Bharat Swacch Bharat: Sardar Patel and Gandhi ke Sapno ka Bharat. |
| Source: News on AIR |
 India is likely to surpass the United Kingdom in the world’s largest economy rankings in 2019, to become the world’s fifth largest economy, according to a report by global consultancy firm PwC. PwC’s Global Economy Watch report projects real GDP growth of 1.6% for the UK, 1.7% for France and 7.6% for India in 2019. According to World Bank data, India became the world’s sixth largest economy in 2017 surpassing France and was likely to go past the UK which stood at the fifth position. The US was the world’s largest economy with a size of 19.39 trillion dollars, followed by China at 12.23 trillion dollars at the second place in 2017. |
| Source- AIR World Service |
 Indian Institute of Technology-Hyderabad (IIT-H) has announced the launch of a full-fledged bachelor’s programme in Artificial Intelligence (AI) technology from the new academic session, a first for the country and only the third globally. Besides IIT, Carnegie Mellon University and Massachusetts Institute of Technology(MIT), both of which are in the US, offer full-fledged B.Tech programmes in AI. The new course will have 20 seats and the eligibility is clearing the JEE-Advanced test. |
| Source: News on AIR |
 The world’s oldest man, Masazo Nonaka of Japan, has died at the age of 113. Nonaka, who was officially recognized as the oldest male in the world by Guinness World Records in April 2018, passed away at his home in the north of Japan’s Hokkaido island. |
| Source: News on AIR |
 Japan Aerospace Exploration Agency has launched Tokyo-based startup Star-ALE’s mini-satellite aimed to deliver the world’s first artificial meteor shower. The satellite carries 400 tiny balls, will be enough for 20-30 events, that will glow as they rush down the atmosphere on being released. ALE plans to deliver its first show in Hiroshima in early 2020. |
| Source: NDTV |
 HDFC Standard Life Insurance has changed its name to HDFC Life Insurance following the receipt of relevant approvals from regulatory authorities. The change in name is effective right off the bat and the company will henceforth operate under the name HDFC Life Insurance Company Ltd. it stated. |
| Source: The Hindu Business Line |
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