Exam-Oriented-Current-Affairs-Dated-02-07-2016-www.KICAonline.com-english
NEW DELHI: Supreme Court today sought responses from the
Centre, RBI, market regulator SEBI and CBI on a plea seeking a direction that
the offshore portfolio investors, who invest in the Indian stock market through
participatory-notes, should not be allowed to withdraw the money till further
orders. A bench of Justices Dipak Misra and C Nagappan issued the notice on the
interim application, which was
Swadesh Mondal and Vedika Amin continued in their merry
ways at the Glenmark 33rd sub-junior National aquatic championships, setting
more records on the penultimate day of the meet at the Basavanagudi Aquatic
Centre here. A total of three new records were established on Friday, with
Assam’s Uttara Gogoi raising the bar in the Group 3 girls’ 50m butterfly event.
After having broken
A group of 13 Indian engineering students, including four
girls, has won the team spirit award in NASA's prestigious global competition
to build and design remotely operated vehicles from scratch. The team named
'Screwdrivers' from Mukesh Patel School of Technology Management, Mumbai, won
"Aloha Team Spirit"award at the Mate International ROV Competition at
the NASA Johnson Space
The Prime Minister, Shri Narendra Modi, will attend a
commemorative event to mark the 300th Martyrdom Anniversary of Baba Banda Singh
Bahadurji, in New Delhi on Sunday. The Prime Minister will release a book and
souvenir on Baba Banda Singh Bahadurji on the occasion. The event will be
attended by the Chief Minister of Punjab, Shri Parkash Singh Badal. A recently
released ommemorative
Lieutenant General Manoj Kumar Unni assumed the charge of
Director General Armed Forces Medical Services (DGAFMS) in a function here
today. A graduate from the Armed Forces Medical College AFMC, Pune, he was
commissioned in the Army Medical Corps on February 27, 1977. He trained as a
paratrooper and has served with the Special Forces as a Regimental Medical
Officer of the elite 9 Para
New Delhi: Education for Sustainable Development (ESD) is
a form of learning which strives to re-orient society towards sustainable
practices. It aims at promoting development that is environmentally sound,
socially equitable, culturally sensitive and economically just. It is a system
that prepares learners to handle a crisis, become responsible citizens, adapt
to change and address global problems.Education
Grand celebrations of ATA- American Telugu Association,
Silver Jubilee year will be held from July 1st- July 3rd at Rosemont Convention
Center in Chicago, Illinois. American Telugu Association, ATA, is known for its
services to the Telugu population living in USA. Since its inception 25 years
ago, ATA has been rendering commendable services in the form of Literature,
culture and social means. "We
Mumbai: BNHS (Bombay Natural History Society) on Thursday
hosted a release function of a book based on biodiversity of the country. A
book named’ Magical Biodiversity of India’ was released on Thursday, which was
authored by Asad R. Rahmani with photographs by Dhritiman Mukherjee. Shantanu
Moitra, Music Director officially released the book. “Through this large
pictorial book, we
The Reserve Bank of India signed a Memorandum of
Understanding (MoU) on “Supervisory Cooperation and Exchange of Supervisory
Information” with National Bank of Cambodia.The MoU was signed by H.E Kim Vada,
Director General of Banking Supervision, on behalf of National Bank of Cambodia
and Smt Meena Hemchandra, Executive Director, on behalf of Reserve Bank of India.
ELDORET, Kenya, Jul 2 : Kenya’s deputy president William
Ruto announced increased cash incentive for the country’s Olympic medallists
while promising tough punishment for dope cheats who tarnish the country’s
image at the Rio Games next month.The east African nation known for middle and
long distance running excellence has been under global scrutiny after more than
40 Kenyan athletes failed
Ministry of Railways will take up 21 port-rail
connectivity projects, at an estimated cost of Rs 20,000 crore, under the
government's Sagarmala project to strengthen evacuation network and boost
last-mile connectivity to the country's ports. In addition, another six
projects are being considered by the Indian Port Rail Corporation Ltd (IPRCL).
"The Ministry of Railways will be taking up 21 port-rail
Dehradun: Claiming that the circumstances in which
Uttarakhand was given special category status still persist, Chief Minister
Harish Rawat today asked the Centre to maintain the funding pattern for
externally aided projects in the state in the ratio of 90:10. Making the
request at a meeting with Union Finance Minister Arun Jaitley, Rawat said with
65 per cent of its land covered with forests,
India and Cyprus have agreed to revise their tax treaty
under which capital gains tax will be levied on sale of shares on investments
made after April 1, 2017, thus bringing the island nation at par with Mauritius
in terms of tax treatment on investments. "The provisional agreement would
be placed before the Union Cabinet for approval, subsequent to which the new
tax treaty can be signed by the two
FRANKFURT: BMW is teaming up with Intel and Mobileye to
develop new technology for the auto industry that could put self-driving cars
on the road by around 2021. Carmakers and technology firms are increasingly
working together as they race against Silicon Valley companies such as Google,
Tesla and Apple to develop driverless vehicles. "Together with Intel and
Mobileye, the BMW Group will
Jewellers across the country have been given one more
month to register themselves with the central excise department, a statement
from the government said.Finance minister Arun Jailtey, had announced a levy of
1% excise duty on all non-silver jewellery, which triggered a nation-wide
protest against the government. Jewellers shut shop for over 45 days, resulting
in losses running into thousands of crores.
The India-US strategic clinch continues to get tighter.
Soon after the two finalised the bilateral military logistics pact, the US has
bagged yet another mega arms deal to reassert its status as India’s largest
weapons supplier in recent years. Defence ministry sources on Friday said the
Cabinet Committee on Security (CCS), chaired by PM Narendra Modi, has cleared
the acquisition of four Poseidon-8I
Indian Navy on 30 June 2016 launched the fourth in the
series of Follow-on Water Jet Fast Attack Craft (FO-WJFAC) called INS Tarasa.
It was launched at the Garden Reach Shipbuilders & Engineers Ltd (GRSE),
Kolkata. The name of the ship, like the previously launched FO-WJFACs, is based
on the picturesque island in the Andaman and Nicobar islands in the Bay of
Bengal.
The most discoveries were made in the Eastern Himalaya
region, which accounts for 19 per cent of the total discoveries. Four species
of reptiles, six species of amphibians, 26 species of fishes, three species of
wild ginger and three of figs are among the 445 species new to science
identified in India in 2015. The figure includes 262 animal species and 183
plant species. Some of the notable additions to the list
NASA’s Jupiter-bound Juno spacecraft has entered the
planet’s magnetosphere, where the movement of particles in space is controlled
by what is going on inside Jupiter. “We’ve just crossed the boundary into
Jupiter’s home turf,” said Juno Principal Investigator Scott Bolton of
Southwest Research Institute, San Antonio. “We’re closing in fast on the planet
itself and already gaining valuable data,” said
Using iPhones to record at live shows might become a
thing of the past as Apple won a US patent for a technology that can force your
iPhone into disabling video-recording mode at concert venues.The system uses
infrared signals to send messages to your phone to tell it to shut down video
recording. Apple’s patent illustration showed a phone at a concert with the
words “recording disabled” on
While other lenders are paring down operations, J.P.
Morgan seems to be in an expansion mode.The Reserve Bank of India (RBI) has
allowed J.P. Morgan Chase to open three more branches in the country, the
lender said on Friday which will enable the U.S-based bank provide better
services to its clients in India and overseas, according to a top official. “We
are very excited with the overall growth
Equitas Holdings on Friday said it has received the final
approval from Reserve Bank of India (RBI) to start operations as Small Finance
Bank (SFB). The new entity will be known as Equitas Small Finance Bank Limited
and begin banking operations after receiving few other approvals from various
departments of RBI and other agencies, it said. “We hope to start operations in
next few months with a
The Tamil National Alliance (TNA), a coalition of four
Tamil parties, on Friday acknowledged that the Sri Lanka government had
consulted the alliance during the preparation of the draft bill on the Office
on Missing Persons (OMP), which had been tabled in Parliament. Lauding the
government’s “constructive engagement” on the bill, the alliance said in a statement:
“We are pleased that several of the extensive
Over 1 million were killed, wounded or went missing in
the Battle of the Somme in northern France, pitting British and French troops
against German ones from July 1 to November 18, 1916.One week after Britain’s
vote to leave the European Union, Prime Minister David Cameron and royal family
members will stand side by side with France’s President Francois Hollande to
celebrate their historic
Russia’s Ministry for Emergency Situations on Friday said
an Ilyushin IL-76 plane disappeared with ten people on board while on a forest
fire fighting mission in the far eastern Irkutsk region. “The plane was putting
out a fire in the Kachugski district and it is not known where it went
missing,” a source from the emergency ministry said. The aircraft last made
contact at 2.45 a.m. on Friday and no malfunctions
Contrary to his long-standing dictum of “jitna aata, utni
roti” (only as many chapatis as the quantity of flour or cutting the coat
according to the cloth) — Urban Development Minister Venkaiah Naidu is slowly
yielding to political compulsions by allowing more cities to participate in the
upcoming Smart City Mission competition. As per the Urban Development
Policy, only 100 cities are listed to be
Rajasthan Women’s Commission member Somya Gurjar, who
posted a selfie with a rape victim, resigned on Thursday following widespread
condemnation of her act on social media and in political circles. Women’s
Commission chairperson Suman Sharma had also reportedly sought a written
explanation from Ms. Gurjar.The selfie, in which Ms. Sharma also appeared, was
clicked at the Japiur
Ministry of Home Affairs has informed the Prime
Minister’s Office (PMO) that they were against a proposal to allow “visa-free”
entry to business visitors and tourists from eighteen key countries, including
China.Electronic tourist visa on arrival (eTV), it said, was granted within 48
hours of an application being received in almost 87 per cent of the cases.
Normal tourist visas, which were valid
The success of the newly-introduced transformative education
programme, which has led to the establishment of an integrated school and an
elementary one in each village panchayat of Rajasthan, was highlighted in the
‘State of the World’s Children’ report for 2016 released by the United Nations
Children’s Fund (UNICEF) here earlier this week. The preliminary results of the
schools are
The Supreme Court on Friday criticised the government for
failing to implement welfare schemes meant for construction workers after
squeezing thousands of crores in building cess from hapless property buyers.
“Crores meant for the welfare of construction labourers lies unused in banks in
various States while their children play in the sand outside building sites
with no hope for the future.
President Pranab Mukherjee on Friday presented the Dr BC
Roy national awards for 2008, 2009 and 2010 at Rashtrapati Bhavan. These awards
were presented on the occasion of National Doctors’ Day observed on July 1 to
pay honour and tribute to India’s most famous physician Dr. Bidhan Chandra Roy.
The awardees are 2010: Nikhil C. Munshi, O.P. Kalra, Tejinder Singh, Subash
Gupta, Amrinder
Telecom-to-energy conglomerate Reliance Industries (RIL)
and India’s largest lender State Bank of India (SBI) have signed Subscription
and Shareholders’ Agreement to set up payments bank. As per the agreement, RIL
will be the promoter with a 70 per cent equity contribution in the payments
bank and SBI as joint venture will have 30 per cent equity contribution.
Background RIL-SBI combine was
India’s largest food products marketing organization Amul
has become the official sponsor of Indian contingent to the 2016 Rio Olympics.
In this regard, Gujarat Cooperative Milk Marketing Federation (GCMMF), which
sells its product under the brand Amul has inked an agreement with Indian
Olympic Association (IOA). Key Facts By sponsoring Indian contingent, Amul
seeks to engage with youth and
The Union Sports Ministry has granted recognition to
Paralympic Committee of India (PCI) after the International Paralympic
Committee (IPC) announced temporary lifting of suspension on it. This
recognition gives a huge confidence boost to the several para-athletes who have
qualified for 2016 Rio Paralympics. The IPC had suspended PCI in April 2015 due
to internal conflicts between different
Pricing power of private corporate sector - measured by
operating profit margin - remained flat in the fourth quarter over the third
quarter, but sales growth was positive at the aggregate level after contracting
for four quarters, according to the Reserve Bank of India (RBI) data. Pricing
power improved for services sector (other than IT) and declined marginally for
the IT sector in the fourth
In a rare public appearance on Friday, the Comptroller
and Auditor General of India (CAG) Shashi Kant Sharma added a new dimension to
the ongoing debate on the Reserve Bank of India (RBI) and the banking system in
general. Delivering the keynote address at a conference on Financial and
Corporate Frauds organised by industry body Assocham in New Delhi, Sharma said
there was a need to consider
A Youth Summit for the BRICS countries has began in
Guwahati with the theme ‘Youth as bridge for Intra-BRICS Exchanges‘. The
subjects to be covered are skill development and entrepreneurship, social
inclusion, youth volunteerism and youth participation in governance. The
programme for the summit also includes thematic debates, cultural events,
site-visits and interactive sessions with local youth. The
Iceland has been named as the world’s safest vacation
spot. Based on the recently released Global Peace Index (GPI) ranking, the
Institute for Economics and Peace charted the world’s safest destinations.
Iceland also called the Republic of Iceland, is a Nordic island country
situated between the North Atlantic and the Arctic Ocean. The country has a
population of 332,529 and covers an area of
The country’s largest lender, State Bank of India (SBI),
launched three digital initiatives and indicated that it may have to prune its
branch network once its associates are merged. SBI made its debut on social
media banking by launching its platform called “Mingle” through which its
customers can transact using Facebook and Twitter. The customers have to
register for this service through a simple
The Haryana government has constituted a five-member committee
to review the standard of higher and technical education in the state and
suggest changes and reforms in acts of various state universities, if required.
Education Minister Ram Bilas Sharma today said the Review Committee headed by
Brij Kishore Kuthyiala, which also includes Om Prakash Arora as Convener and
Yogesh Singh,
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