News Updates and Current Affairs 30 May

Here are 5 Key News Updates & Current Affairs 30 May 2015

1. India Outpaces China as GDP Rises by 7.5% in Q4

Hooray! The Indian economy expanded 7.3% in the year ended March, in line with the initial forecast and marginally higher than 6.9% recorded in the previous year, pointing to a soft recovery and strengthening the case for a rate cut on June 2 when Reserve Bank reviews monetary policy. The January-March growth is ahead of 7% recorded by China, in line with independent forecasts that India is set to take on the man tle of fastest-growing large economy in the current fiscal. China’s economy expanded 7.4% in the 2014 calendar year. READ MORE

India GDP Rises: Current Affairs 30 May 2015

India GDP Rises: Current Affairs 30 May 2015

2. Service Tax Rate @ 14% applicable from 1st June

The rate of Service Tax for services provided before 1st June is 12.36% and for services provided after 1st June is 14%. READ MORE

3. Sepp Blatter secures Fifth Term as head of FIFA

Sepp Blatter began his fifth term as Fifa president and said he would have to repair relations with football’s biggest sponsors, including Visa and Coca-Cola, admitting that the storm of the past week had tarnished Fifa. READ MORE

Sepp Blatter Current Affairs 30 May 2015

Sepp Blatter: Current Affairs 30 May 2015

4. S. Chandra Das Became Singapore’s Envoy to Sri Lanka

S. Chandra Das, an Indian origin business man & diplomat, was appointed by Singapore as an Envoy to Sri Lanka. READ MORE

S Chandra Das: Current Affairs 30 May 2015

S Chandra Das: Current Affairs 30 May 2015

5. TCS is India’s Top Most rated Company

TCS became the India’s Top rated Company. Reliance (RIL) was placed second and ITC picked the third spot among a list compiled by Dun and Bradstreet. READ MORE

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