Current Affairs
Hindi

Honour for Mr. Atal Bihari Vajpayee

Bangladesh is set to honour for former P.M. Atal Bihari Vajpayee for his outstanding support for the country's independence from Pakistan in 1971 when he was a Lok Sabha member. Bangladesh will hand over Vajpayee's "Friends of Bangladesh Liberation War Award" to Prime Minister Narendra Modi during his upcoming visit to the country from 6th June 2015. Mr. Vajpayee, who is unwell, could not visit Bangladesh to receive the honour.

Read More
Read Less

Jyoti Prasad Rajkhowa 19th Governor of Arunachal Pradesh

Former Assam Chief Secretary Jyoti Prasad Rajkhowa sworn in as the 19th Governor of Arunachal Pradesh in a ceremony at the Darbar Hall of the Raj Bhawan. Acting Chief Justice of Gauhati High Court Justice K. Sreedhar Rao administered the oath of office and secrecy to the new governor in the presence of Chief Minister Nabam Tuki, his cabinet colleagues, parliamentary secretaries, M.L.A's besides senior civil and police officials.

Read More
Read Less

India and Sweden inked 6 agreements

India and Sweden inked 6 agreements, including in the field of polar research and for boosting trade, during the visit of President Pranab Mukherjee to the key Arctic Council member, in the first-ever visit by an Indian head of state. Mukherjee is on a five-day visit to Sweden and Belarus. Among the agreements inked is a MoU on Cooperation in Sustainable Urban Development. Both sides also inked a MoU for cooperation in the field of micro, small and medium enterprises. Both also inked an agreement on Visa Exemption for diplomatic passports, etc.

Read More
Read Less

Second Bi-monthly Monetary Policy Statement issued by RBI

Reserve Bank of India issued its Second Bi-monthly Monetary Policy Statement, 2015-16. According to the statement 
1.Short-term lending rate or Repo rate has been cut by 0.25 percent to 7.25 percent.
2.The Reverse Repo rate under the LAF stands adjusted to 6.25 percent, 
3.The Marginal Standing Facility (MSF) rate and the Bank Rate to 8.25 percent.
5.Cash Reserve Ratio has been kept unchanged at 4 percent. \
6.Statutory Liquidity Ratio is retained at 21.5 percent. 
7.Inflation is expected to rise to 6 percent by January 2016. Growth forecast has been lowered to 7.6 percent for 2015-16 from 7.8 percent projected in April 2015
Read More
Read Less

Amit Jain new President for Uber group in india.

US-based taxi hailing app Uber has appointed Amit Jain as President of its India operations. In this role, Amit will be running all business strategies, operations, and growth in a market of global strategic importance for Uber. Prior to this, Jain was president of Rent.com, a technology company in the US dedicated to giving renters a free and convenient way to find a perfect place to live.
Read More
Read Less

Agreement on Coastal Shipping between India and Bangladesh

 The Union Cabinet, chaired by the Prime Minister Narendra Modi, has given its approval to the agreement on Coastal Shipping between India and Bangladesh to carry out coastal movement of goods between the two countries. 1.EXIM trade between India and Bangladesh would be benefited by way of reduction in freight charges. 
2.It will also improve the utilization of port capacities of Indian ports and open up new opportunity for Indian coastal vessels. 
3.It will also help in decongestion of roads especially at the Land custom stations/integrated check posts at the Indo-Bangladesh boarder
Read More
Read Less