Saturday, June 13, 2015

Current Affairs - 13 June 2015 - Latest

"Mee Bhoomi", A Digital Depository Of Land Records Was Launched By Andhra Pradesh Government

The portal , makes all land details along with Adangal/Pahani and 1-B details available to the people. People can see the details of land owners, area, assessment, water source, soil type, nature of possession of the land, liabilities, tenancy, and crops grown.

US Becomes World's Largest Oil Producer, Surpasses Saudi Arabia

The United States has overtaken Saudi Arabia as the world's biggest oil producer in 2014 while India has recorded the highest growth in energy consumption among major economies.

Penalty Of Rs.50 Lakh Imposed On Future Generali Life Insurance Company By IRDA

Insurance Regulatory and Development Authority of India (IRDA) examined around 34 charges related to aspects of business, company violated many norms. Company was asked to oay the penalty within 15 days according to an order issued by IRDAI chairman TS Vijayan.

Egypt's New Suez Canal To Open On August 6

Egypt's New Suez Canal will open on August 6, the canal authority chairman said on Saturday, a project that President Abdel Fattah al-Sisi hopes will stimulate an economy suffering double-digit unemployment.

RBI Approved The Utility Bills As Valid Address Proof To Open Account

Bills for postpaid mobile service, piped gas and water supply can now be submitted as address proof for opening of bank account or with any financial institution.

Haryana Village Launches 'Selfie With Daughter' Contest To Save Girl Child

Haryana's Bibipur village, which wants The Women's World' added to its name, has now come out with a unique idea to continue its efforts to create gender-neutral atmosphere in the state.

China Launches Freight Train Service Connecting Europe By Linking Harbin And Hamburg

China has launched a freight train service between its northeastern city of Harbin and Europe. The 9,820-km-long distance rail route will open new trade options for Chinese goods in the European Market. It was launched by HAO Logistics Co. Ltd which is a joint venture company that runs the freight service.

RBI Allows FII Buying In Kaveri Seed

The stock of Kaveri Seed Company will see some buying interest on Monday, as the Reserve Bank of India on Friday said foreign portfolio investors could now invest up to 49 per cent of the company's equity base. The RBI decision follows foreign investor shareholding falling below the revised threshold limit. 

V K Singh Inaugurates First India-China Yoga College At Yunnan Minzu University, China

Minister of State (MoS) for External Affairs V K Singh inaugurated first India-China Yoga College at Yunnan Minzu University in Kunming, China. This is first Indian government institution related Indian spiritual art form i.e. Yoga in China inaugurated ahead of the first UN Yoga Day to be observed on June 21.

Devendra Chaudhary Appointed Secretary To Dept. Of Administrative Reforms

Senior IAS officer Devendra Chaudhary has been appointed as Secretary in the Department of Administrative Reforms and Public Grievances (DARPG). Mr.Chaudhary, a 1981-batch IAS officer of Uttar Pradesh cadre, is presently working as Special Secretary in the Power Ministry.

Friday, June 12, 2015

Current Affairs - 12 June 2015 - Latest

RBI Issued Final Guidelines For 6-year And 13-year Interest Rate Futures

The Reserve Bank of India (RBI) on 12 June 2015 issued the final guidelines for the 6-year and 13-year cash settled Interest Rate Futures (IRF) on government securities with residual maturity of 4-8 years and 11-15 years respectively under the Interest Rate Futures (Reserve Bank) (Amendment) Directions, 2015.

World Day Against Child Labour Observed On 12 June

World Day Against Child Labour was observed across the world on 12 June 2015. For the year 2014 the theme is NO to child labour – YES to quality education!. The day is the United Nations observance to bring awareness against child labour.

Telangana Government Unveiled Telangana Industrial Policy 2015

Telangana Chief Minister K Chandrashekhar Rao on 12 June 2015 unveiled the Telangana Industrial Policy 2015 in Hyderabad. The policy is intended to boost industrial activity and employment opportunities in the state.

Musicians, Film-Maker Chosen For Sangeet Natak Akademi Fellowships And Akademi Puraskar For Year 2014

Sangeet Natak Akademi has announced the names of recipients of Sangeet Natak Akademi fellowships (Akademi Ratna) 2014 and Sangeet Natak Akademi Awards (Akademi Puraskar) 2014. The names of the recipients were finalized in the meeting of General Council of the Sangeet Natak Akademi which is also known as the National Academy of Music, Dance and Drama.

Department Of Atomic Energy (DAE) Launched India Nuclear Insurance Pool (INIP)

The Department of Atomic Energy (DAE) on 12 June 2015 launched the India Nuclear Insurance Pool (INIP). The INIP has become the 27th such insurance pool in the world as countries such as France, Russia, South Africa and the U.S. have put in place such similar risk transfer mechanisms.

US Opens Probe Against Indian IT Giants TCS, Infosys For H1B Visa Violations

United States (US) government has opened an investigation against two of the biggest Indian Information Technology (IT) outsourcing companies for possible violations of H1-B visa rules. The two IT giants are Tata Consultancy Services (TCS) and Infosys.

Railway Ministry Decided To Run Suvidha Trains

Ministry of Railways on 12 June 2015 decided to run Suvidha trains with dynamic fares from July 2015. The decision to run Suvidha trains was taken to address the rush during peak travel seasons. These trains will have dynamic fare system and there will not be any downward movement of the fare.

Legendary West Indies Fast Bowler Sir Wesley Hall Inducted Into The ICC Cricket Hall Of Fame

Former West Indies paceman Sir Wesley Winfield Hall has been inducted into the ICC Cricket Hall of Fame. He is 80th cricketer to be inducted in the ICC Cricket Hall of Fame and 18th from West Indies. He is the 4th cricketer to be inducted into the ICC Cricket Hall of Fame in 2015 after Betty Wilson, Anil Kumble and Martin Crowe.

Moldova's Prime Minister Chiril Gaburuci Resigned

Moldova's Prime Minister Chiril Gaburuci on 12 June 2015 resigned from his post after he was questioned about the authenticity of his high school and university degrees. Gaburuci became the Prime Minister of Moldova in February 2015.

Bibek Debroy Committee On Railway Restructuring Submitted Report To Union Ministry Of Railways

The High Level Committee (HLC) on railway restructuring headed by Dr Bibek Debroy on 12 June 2015 submitted its final report to the Union Ministry of Railways. The HLC known as the Committee for Mobilization of Resources for Major Railway Projects

Thursday, June 11, 2015

Current Affairs - 11 June 2015 - Latest

Union Government Launched Migrant Resource Centre In Chennai

The Union Ministry of Overseas Indian Affairs (MOIA) along with the Tamil Nadu Government on 11 June 2015 launched the Migrant Resource Centre (MRC) in Chennai. The MRC in Chennai is the fourth such MRC in India set-up by MOIA.

Indian-Origin Vivek Murthy Presented With Pride Of Community Award

Indian-origin US Surgeon General Vivek Murthy has been presented with the Pride of the Community Award by a prominent Hindu advocacy group. Receiving the award by the Hindu American Foundation at its 12th Annual Day reception at Capitol Hill.

Nek Chand Saini, Creator Of Chandigarh's Rock Garden Passes Away

Nek Chand Saini, creator of Chandigarh’s iconic Rock Garden passed away on 11 June 2015 in Chandigarh. He was 90. He was born in Berian Kalan village in Shakargarh region (now in Pakistan).  He was as a self-taught Indian artist.

Dick Costolo Resigned As CEO Of Twitter Inc

Dick Costolo on 11 June 2015 resigned as the Chief Executive Officer (CEO) of Twitter Inc after serving the company for five years. Costolo will demit the office of CEO on 1 July 2015. Twitter co-founder and Square Inc's CEO Jack Dorsey will take over as the Interim CEO of the company on 1 July 2015 and will stay until a replacement is found.

MS Dhoni 23rd On Forbes List Of Highest Paid Athletes

Cricketer Mahendra Singh Dhoni is among Forbes magazine's 100 highest-paid athletes in the world, the only Indian sportsman on the list that has been topped again by American boxer Floyd Mayweather and includes golfer Tiger Woods, tennis star Roger Federer and Portuguese soccer player Cristiano Ronaldo.

Google Launches Special Search Mode For Slower 2G Phone Network For India, Brazil

World's largest search engine giant Google Inc has launched a new lite mode of Google search engine for India and Brazil on 2 Generation (2G) network. This lite mode has been developed by keeping the 2G network speed in mind.

Ravi Garikipati Appointed As Entrepreneur In Residence Of Flipkart

Ravi Garikipati was on 11 June 2015 appointed as Entrepreneur in Residence of online portal In this position, he will work closely with Flipkart founders Sachin Bansal and Binny Bansal and head of Flipkart’s e-commerce platform Mukesh Bansal on new business projects.

Para-Athlete Devika Won Queen's Young Leaders Award

Multiple-medal winner para-athlete, Devika Malik has been selected as one of the Queen's Young Leaders Award winners from across all the Commonwealth Nations. She has received this award for the efforts made by the Wheeling Happiness foundation to build a more inclusive society for persons with physical, emotional and social challenges in India.

Union Government Scraps Import Duties On AIDS Drugs And Test Kits

Union Government has scrapped customs import duties for drugs and test kits used to treat Human immunodeficiency virus infection and acquired immune deficiency syndrome (HIV/AIDS). In this regard Central Board of Excise and Customs (CBEC) has issued a notice that will remain in effect till March 2016.

England's Cricketer Matt Prior Retired From All Forms Of Cricket

Matt Prior, the English cricketer, on 11 June 2015 retired from all forms of cricket. The 33-year-old, wicketkeeper-batsman helped England to win three Ashes series between 2009 and 2013. He was the first English wicketkeeper to score a century on debut match against West Indies in 2007.

Wednesday, June 10, 2015

Current Affairs - 10 June 2015 - Latest

Indian-Origin Scientist Manu Prakash Developed World's First Water-Based Computer

Indian-origin scientist Manu Prakash along with his team on 10 June 2015 developed World's first water-based computer. The results were published in the journal Nature Physics. Manu Prakash is an Assistant Professor of Bioengineering at Stanford University.

Kapil Mishra Named As Delhi Law Minister

Delhi Jal Board vice-chairman Kapil Mishra was on 10 June named as the new Law Minister of Delhi.Mishra, who represents Karawal Nagar Assembly seat, will succeed Jitendra Singh Tomar who resigned on 9 June 2015 following his arrest in fake degree case.

HDFC Bank Launched PayZapp

HDFC Bank on 10 June 2015 launched PayZapp, a complete digital payment and purchase solution. The mobile app will allow customers to manage credit or debit card details, recharge and pay bills, use virtual card, send money through a wallet and shop.

26 African Countries Create TFTA: Cape Town To Cairo Free-Trade Zone

African countries have signed a historic The Tripartite Free Trade Area (TFTA) that facilitates creation of Africa's largest free-trade zone. This free-trade zone will cover 26 countries in an area from southernmost tip of African continent i.e. Cape Town (South Africa) to Cairo (Egypt) in the north.

Amazon Opened Its Biggest Fulfilment Centre In Hyderabad

Amazon, the global e-commerce and cloud services firm, on 10 June 2015 opened a Fulfilment Centre near Hyderabad in Telangana. It is the biggest such facility for Amazon in the country having previously established 10 Fulfilment Centres across seven states.

Parkash Singh Badal Conferred With 2015 Sant Namdev National Award

Punjab chief minister Parkash Singh Badal was on 10 June conferred with the prestigious 14th Sant Namdev National Award- 2015 at a function in Pune, Maharashtra. He was awarded for promoting peace, communal harmony and universal brotherhood.

CCEA Approved 4721 Crore Rupees Road Projects In Madhya Pradesh, Telangana

The Cabinet Committee on Economic Affairs (CCEA) on 10 June 2015 approved two road projects worth 4721 crore rupees, one in Madhya Pradesh and another in Telangana. The projects will be executed under the flagship road building programme National Highways Development Project (NHDP).

Union Government Gives Nod To Promulgation Of Ordinance To Amend Negotiable Instruments Act, 1881

Union Government has given nod for promulgation of Ordinance to amend Negotiable Instruments Act, 1881. Decision in this regard was Union Cabinet meet chaired by Prime Minister Narendra Modi in New Delhi. The ordinance paves way for filing of cheque bounce cases in place where the cheque was issued. 

NASA Scientist Developed Tool To Predict Destructive Solar Storms

NASA scientists on 10 June 2015 developed tool to predict destructive solar storms. The model will help predict solar geomagnetic storms 24 hours in advance. The storm can cause telecommunication disruptions and power outages. 

India's First Indigenous Aircraft Carrier INS Vikrant Undocked

India on 10 June undocked its first indigenously-built aircraft carrier INS Vikrant at Cochin Shipyard Limited (CSL) in Cochin district of Kerala. The ship will undergo a series of fitment and trial processes along with series of static and dynamic trials before inducting it into the Indian Navy in end-2018.

Tuesday, June 9, 2015

Current Affairs - 9 June 2015 - Latest

Bihar Launched Campaign Badh Chala Bihar To Produce Bihar@2025 Vision Document

Bihar Chief Minister Nitish Kumar on 9 June 2015 launched a campaign called Badh Chala Bihar in Patna to collate ideas from the public to produce Bihar@2025. It is a vision document on state’s development between 2015 and 2025.

Padmasree Warrior, India-Born Chief Technology Officer Of Cisco Resigns

Padmasree Warrior, India-born has stepped down from her post of Chief Technology Officer (CTO) at global IT giant Cisco. She had resigned after a significant restructuring of top management of Cisco under incoming CEO Chuck Robbins. Now she will have advisory post in Cisco till September 2015.

Haryana's Jind, Karnal And UP's Muzaffarnagar Included In NCR

Union Urban Development Minister M. Venkaiah Naidu on 9 June announced that Jind and Karnal districts of Haryana and Muzaffarnagar of Uttar Pradesh have been included in the National Capital Region (NCR). With this the total number of districts included in NCR has risen to 22.

RBI Issued Draft Framework On Issuance Of Rupee Linked Bonds Overseas

The Reserve Bank of India (RBI) on 9 June 2015 issued Draft Framework on Issuance of Rupee linked Bonds Overseas. It is intended to permit Indian corporate and International Financial Institutions (IFIs) to issue rupee-linked bonds overseas.

Senior Scientist Dr. Srivari Chandrasekhar Appointed As Director Of CSIR-IICT

Dr. Srivari Chandrasekhar was appointed Director of CSIR-Indian Institute of Chemical Technology (IICT) a premier research institute of Union Government based in Hyderabad, Telangana.

PVR Ltd Agreed To Acquire DLF's DT Cinemas For 500 Crore Rupees

PVR Ltd, India's largest multiplex chain, on 9 June 2015 agreed to acquire DLF's DT Cinemas for 500 crore rupees. The board of directors of the company at its meeting approved the acquisition of the cinema exhibition business of DLF Utilities ltd.

MK Sharma Appointed As Non-Executive Chairman Of ICICI Bank

Mahendra Kumar Sharma, the former vice-president of Hindustan Unilever (HUL), has been appointed the non-executive chairman of ICICI Bank. M.K.Sharma will succeed KV Kamath, who would step down from the Board to take on a bigger role as the first President of New Development Bank, established by the BRICS nations.

AMC Launched USE And GET PAID Scheme; Public Toilet Users To Be Paid 1 Rupee

Ahmadabad Municipal Corporation (AMC) on 9 June 2015 announced USE and GET PAID scheme, under which people will be paid one rupees for using public toilets. The announced scheme aims to eradicate the practice of open defecation and will help to keep the city clean.

Yellow-Breasted Buntings On The Verge Of Extinction

As per recent study published in the Conservation Biology journal, Yellow-breasted buntings (Emberiza aureola), a songbird are near to extinction. The study has mentioned that population this bird species which is also known as he "rice bird" in China has plunged by 90 percent since 1980 and disappearing from Eastern Europe, Japan and parts of Russia.

Shah Rukh Khan Acquired CPL T20 Team Trinidad & Tobago

Kolkata Knight Riders (KKR) co-owner Shah Rukh Khan on 9 June 2015 acquired Carribean Premier League (CPL) T20 team Trinidad & Tobago (T&T). Shah Rukh Khan is the first owner of an Indian Premier League team to own an overseas cricket franchise.

Monday, June 8, 2015

Current Affairs - 8 June 2015 - Latest

World Ocean Day Observed With Theme Healthy Oceans, Healthy Planet

World Ocean Day 2015 was celebrated across the world on 8 June 2015 with the theme Healthy oceans, Healthy planet. To mark the occasion, various events were organised across the globe to spread awareness about the importance of oceans in economic, Security and biological spheres and need to protect them from vulnerabilities.

KV Chowdary Appointed As New Central Vigilance Commissioner

President Pranab Mukherjee has appointed KV Chowdary new Central Vigilance Commissioner. He was appointed by President on the recommendation of Select committee headed by Prime Minister Narendra Modi and comprising of Union Home Minister Rajnath Singh as well as Leader of Congress in Lok Sabha Mallikarjuna Kharge.

Legendary Telugu Writer Dasaradhi Rangacharya Died

Dasaradhi Rangacharya,the Legendary Telugu writer passed away in Hyderabad. He was 87. Dasaradhi was on 24 August 1928 in Khammam District erstwhile Hyderabad State now in Telangana. He had actively participated in fight against the Nizam's autocratic rule and also took part in the Telangana Armed Struggle till Hyderabad was liberated in Operation Polo.

RBI Announced Strategic Debt Restructuring Scheme

The Reserve Bank of India (RBI) on 8 June 2015 announced Strategic Debt Restructuring (SDR) Scheme which allows banks and non-banking lending institutions to convert their loans into equity stake.

Cyclonic Storm Ashobaa: First Tropical Storm Of The Season

Cyclonic storm Ashobaa in Arabian Sea is the first tropical storm of the pre-monsoon season in the Indian seas. The cyclonic storm was formed after intensified deep depression (low pressure zone) was developed over east central Arabian Sea about 590 km west southwest of Mumbai, 470 km southwest of Veraval (Gujarat) and 960 km east-southeast of Masirah Island (Oman).

Union Environment Ministry Approved Coastal Road Project For Mumbai

Union Environment Minister Prakash Javadekar on 8 June cleared the Coastal Road Project of Mumbai, Maharashtra. This 12000-crore project will cover 35.6 km between Nariman Point and Kandivali, along the western seafront. The project will begin in mid-August 2015.

41st G7 Summit Held In Germany

G7 Summit 2015 was held at Schloss Elmau in Bavaria, Germany from 7 June to 8 June 2015. This was the 41st G7 summit and the theme for the summit was Think Ahead. Act Together. The Summit focused on the global economy as well as on key issues regarding foreign, security, environment and development policy.

Vijai Sharma Appointed As New Chief Information Commissioner

President Pranab Mukherjee has appointed Vijai Sharma as Chief Information Commissioner. He will have tenure of for 5 years or till they attain the age of 65, whichever is earlier. Vijai Sharma is a 1974 batch IAS officer of Uttar Pradesh Cadre.

Indian Basketball Players Association Launched In New Delhi

Indian Basketball Players Association (IBPA) started functioning with the official launch of it on 8 June 2015 at Indian Medical Association, New Delhi. The launching ceremony also saw the nomination of President and other members of the IBPA.

NMCG, NYKS Signed MoU For Involvement Of Youth In Restoring The Health Of Ganga River

The National Mission for Clean Ganga (NMCG) and Nehru Yuva Kendra Sangathan (NYKS) on 8 June 2015 signed a 5-year Memorandum of Understanding (MoU) to establish a long-term partnership for the involvement of youth in the abatement of pollution and conservation of the river Ganga.

Sunday, June 7, 2015

Current Affairs - 7 June 2015 - Latest

PM Narendra Modi Received Award Of Liberation War Honour On Behalf Of Atal Bihari Vajpayee

Prime Minister Narendra Modi on 7 June received the Award of Liberation War Honour on behalf of former Prime Minister Atal Bihari Vajpayee for his active role in the country's independence struggle.

Flood Of Fire Written By Amitav Ghosh

Booker Prize awardee Amitav Ghosh on 7 June 2015 released his new novel Flood of fire. With the novel, he has concluded the Ibis trilogy, his fictional recreation of the events leading up to the first opium war of 1839-42.

India, Netherlands Sign MoU For Development Of Measles- Rubella Vaccines

India and Netherlands have signed a Memorandum of Understanding (MoU) for the development of Measles- Rubella Vaccines. The MoU was signed under Make in India initiative of Union government in the presence of the Netherlands Prime Minister Mark Rutte during his visit to India.

Anshu Jain, Juergen Fitschen Resigned As Co-CEO Of Deutsche Bank

Anshu Jain and Juergen Fitschen on 7 June 2015 resigned as Co-Chief Executive Officer (CEO) of Germany's biggest bank Deutsche Bank following criticism from investors. John Cryan was named as Chief Executive Officer (CEO) of Deutsche Bank.

Stan Wawrinka Won Men's French Open 2015 Championship

Stanislas Wawrinka of Switzerland won his first French Open Men's single title of Tennis. In the final match he defeated Novak Djokovic of Serbia. This was second grand slam title for Wawrinka after Australian Open 2014.

Justice And Development Party Won Turkey's Parliamentary Polls

The Justice and Development Party (AKP) of Turkey led by President Recep Tayyip Erdogan on 7 June 2015 won Turkey's parliamentary polls. According to preliminary results, AKP lost its single-party government and for the first time in 13 years, the party lost the majority in the 550-member Parliament.

Federal Bank Slashes Base Rate By 0.25 Percent

Federal Bank cut the base rate or the minimum lending rate by 0.25 per cent  making it 9.25 %. The new base rate will come in effect from 18th June, 2015. A number of banks, including largest public sector lender SBI have cut lending rates keeping in mind RBI's second bi-monthly policy review for 2015 -16 in early June.

Momota And Ratchanok Won Indonesia Open Badminton Titles

Japanese rising star shuttler Kento Momota and Thailand's Ratchanok Intanon won the men's and women's singles respectively of the Indonesia Open Badminton tournament. Indonesia Open Badminton tournament was held at the Gelora Bung Karno Stadium, Jakarta, Indonesia.

Lewis Hamilton Won Canadian Formula 1 Grand Prix

Lewis Hamilton (Britain) won the Canadian Formula 1 Grand Prix on 7 June. This was fourth win for Hamilton this year and with the win he extended his lead in the F1 standings over fellow Mercedes teammate Nico Rosberg (Germnay), who finished the race at second place.

South Korea Reports Fifth Death From MERS

The Government of South Korea has vowed all-out measures to ease the public fear over the largest outbreak of Middle East Respiratory Syndrome(MERS) outside Saudi Arabia. The number MERS infected cases swelled to 68 after the reports  of 14 new cases were reported.