Global trade growth

The World Trade Organisation (WTO) recently lowered the global trade forecast for 2015 to 2.8 percent.The organisation stated factors like lower global crude oil and other commodity prices, exchange rate fluctuations and feeble import demands in emerging markets for reducing the forecast from its 3.3 percent estimate in April.

global poverty projections for 2015

The global poverty projections for 2015 was released by the World Bank on 4th October, 2015.As per the report, 9.6% of the world population live in extreme poverty. It is for the first time the numbers have fallen below 10% . The numbers were arrived at based on a revised benchmark of measuring poverty. Previously, extreme poverty was defined as living on or below $1.25 a day, but the World Bank's adjustment now sets the poverty line at $1.90 a day.This change reflects the differences in the cost of living across countries, while preserving the real purchasing power of the previous line.

Forbes India Leadership Awards (FILA) 2015

The Forbes India Leadership Awards (FILA) 2015 was held in Mumbai.

 Following are the recipients of awards across various categories:

* Outstanding Start-up for the Year: Bhavish Aggarwal and Ankit Bhati OLA 

* NextGen Entrepreneur for the Year: Siddhartha Lal, Eicher Motors

* Best CEO - Public Sector: Arundhati Bhattacharya, State Bank of India 

* Best CEO - Private Sector: CP Gurnani, Tech Mahindra Ltd

* Best CEO - MNC: Uday Shankar, CEO, Star India Pvt. Ltd

* Entrepreneur with Social Impact: Samit Ghosh, Ujjivan Financial Services Pvt. Ltd 

* Conscious Capital for the Year: Godrej Consumer Products Ltd., Gujarat Cooperative Milk Marketing Federation Ltd (Amul)

* Lifetime Achievement Award: RC Bhargava, Maruti Suzuki India Ltd., 

* Entrepreneur for the Year: Uday Kotak, Kotak Mahindra Bank Ltd.