Current Affairs India - 14 March 2016

1. India has successfully test-fired indigenously built nuclear-capable intermediate range Agni-I ballistic missile from the launch pad-4 of the Integrated Test Range (ITR) at Abdul Kalam Island (Wheeler Island). The missile covered 700 km distance within 9 minutes and 36 seconds and hit the specified target.

Agni-I was developed by Advanced Systems Laboratory, the premier missile development laboratory of DRDO in collaboration with Defence Research Development Laboratory and Research Centre Imarat and integrated by Bharat Dynamics Limited, Hyderabad.

2. Kerala Tourism-s new campaign on responsible tourism named as -New Worlds- won the prestigious Golden City Gate Award at the world-s leading travel trade show ITB in Berlin. The campaign contains three short films directed by reputed Malayalam filmmaker Anwar Rasheed won the silver prize of this year-s Das Golden Stadttor or Golden City Gate, dubbed as the Oscar of Tourism communication, at the ITB.

3. Famous Indian scholar and plant physiologist H Deep Saini has been appointed the next Vice Chancellor of the University of Canberra. He has received a number of honours including the Queen Elizabeth II Diamond Jubilee Medal for his contribution in the field of physiology.

4. India-s Index of Industrial Production or IIP contracted for the third consecutive month in January due to sharp drop in manufacturing sector performance. The Index of Industrial Production contracted 1.5% in January 2016 compared to 2.6% growth in the same month last year. For the April-January period of the current financial year, IIP grew by 2.7% between April and January 2016.

Manufacturing sector performance contracted 2.8% in January 2016 compared to growth of 3.4% a year ago and both mining and electricity sectors grew 1.2% and 6.6% respectively in the same month.

5. India-s retail inflation, measured by Consumer Price Index, dropped to 3-month low of 5.18% in February compared to 5.69% in previous month of January. Retail food inflation dropped to 5.3% in the same month compared to 6.85% in January. Urban inflation in February stood at 4.30% compared to 4.81% in January while rural inflation stood at 5.97% in February compared to 6.48% in January.

6. India-s overall Inflation, measured by the Wholesale Price Index, stood at the negative zone for the 16th consecutive months. Overall Inflation stood at (-) 0.91% in February compared to (-) 0.90% in January. Wholesale food inflation dropped to 3.2% in February and inflation in manufactured products category stood at 0.3% in the same month.

7. Services team won the Santosh Trophy National Football Championships title after defeating Maharashtra by 2-1 in the final match played at SEC Railway Stadium in Nagpur. Santosh Trophy was started in 1941 and is a popular annual Indian football tournament in which different states and government institutions participates.