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TNPSC Current Affairs 2016 Oct 15

TNPSC Current Affairs 2016


1.Much Waited 8th BRICS 2016 Summit has begin today in Goa, India. Brazil, Russia, India , China, South Africa are the members of BRICS.

BRICS is the association of five major emerging national economies in World: Brazil , Russia, India, China, and South Africa. 

Initially the association has named as BRIC which doesn’t have South Africa. In 2010 South Africa has been added in Group hence it is called BRICS. Russia hosted the first meet. In 2016, India is hosting the Meet in Gao.

Hosting Country and the year

No
Date of hosting
Host country
1
6/16/2009
  Russia
2
4/15/2010
  Brazil
3
4/14/2011
  China
4
3/29/2012
  India
5
26-27 March 2013
  South Africa
6
14-16 July 2014
  Brazil
7
8-9 July 2015
  Russia
8
15-16 October 2016
  India

2. Vice-President Hamid Ansari has starts his four-day visit to Hungary and Algeria. 

In Hungary there is substantial and growing Indian Investment.

Algeria has rich Oil, Gas and Phosphatic resources, India sees this visit as opportunity in cooperative ventures. Also there will be Space Collaboration.

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