Daily current affairs 18th January

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January 18, 2023

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# Population

  • China’s population fell last year for the first time in six decades, a historic turn that may Mark the start of a long period of decline with profound implications for its economy and the world.
  • China’s national bureau of statistics reported a drop of nearly 850000 people for a population of 1.41175 billion in 2022, the first dip since 1961, the last year of China’s great famine.
  • This possibly makes India the world’s most populous nation.
  • Last year, UN experts put India’s population at 1.412 billion in 2022.

# China growth

  • Hit hard by zero covid policy and slump in its real estate market, China’s economic growth fell to 3% in 2022.
  • It is the second slowest growth rate in 50 years, according to official data released on Tuesday.
  • This was way below the 5.5% official target.

# political funding

  • The BJP’s receipt soared by 154% to over ₹1917 crore in 2021-22 from ₹752 crore in 2020-21.
  • Trinamool congress secured the second spot among national parties by declaring an income of 545.7 crore in 2021-22.
  • Congress was the close third with total receipts of ₹541.2 crore in 2021-22, up 89% from ₹285.7 crore the year before.
  • A study of annual audit reports of all eight national parties for the year 2021-22, has been published on the election Commission of India website.

# FPI’s

  • Foreign portfolio investors have started the new year with a bearish view of India.
  • In less than three weeks, on a net basis, these fund managers have taken out nearly $2.1 billion from the domestic stock

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