Page-20 of Current Affairs - May, 2017

Apple’s Cash Reserve worth 2/3rd of India’s Forex Reserve

May 3, 2017

Apple has reported over $256 billion in cash and marketable securities. In the previous year, Apple’s earnings report for the January-March quarter was $233 billion. According to the rating agencies, the cash reserve possessed by the company is more than Google, Microsoft and Amazon’s ..

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China to Launch its Own Encyclopaedia as a Rival to Wikipedia

May 3, 2017

China plans to launch its own online encyclopaedia next year rivalling Wikipedia and Britain’s Encyclopaedia Britannica. The main objective of this project is to guide public thought. China fears that its citizens who use Wikipedia are being corrupted by foreign ..

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World’s Highest Railway Bridge to Come up Over Chenab River

May 3, 2017

World’s highest railway bridge which will be 35 metres taller than the Eiffel Tower is to come up over the Chenab River in Jammu and Kashmir at a cost of around Rs. 1,100 crore in around two years from now. The bridge ..

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$770 billion Worth of Black Money entered into India during 2005-2014: GFI

May 3, 2017

US-based think tank Global Financial Integrity (GFI) in its report titled ‘Illicit Financial Flows to and from Developing Countries: 2005-2014’, has estimated that $770 billion worth of black money entered India during 2005-2014. During the same time period, the think ..

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Current ICC T-20 Rankings

May 3, 2017

In the recently updated ICC T20 International team rankings, India has been placed at the 4th position behind second placed England and third placed Pakistan. India has earned 118 points whereas England and Pakistan have earned 121 points each. New-Zealand ..

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Indian Army Test-Fires Advanced Version of Brahmos Cruise Missile

May 3, 2017

Indian Army has successfully test-fired advanced Block-III version of Brahmos cruise missile in the Andaman and Nicobar Islands. During the test, the Brahmos cruise missile had successfully hit the land-based target with desired precision in a top attack configuration demonstrating its ..

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Odisha's Sualgiri, Swalgiri Communities Notified as Scheduled Castes

May 3, 2017

Sualgiri and Swalgiri communities of Odisha have been notified as Scheduled Castes after President Pranab Mukherjee gave his assent to the Constitution (Scheduled Castes) Order (Amendment) Act, 2017. Last month, Rajya Sabha had passed the bill after it was cleared by ..

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India’s Current Sovereign Ratings

May 3, 2017

Fitch, in its latest rating review, has affirmed India’s sovereign rating at BBB-, which is the lowest investment grade rating. Despite pressure from the government and corporate for an upgrade in the rating, Fitch has kept its sovereign rating on ..

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Madhya Pradesh becomes First State to Shift Financial Year to Jan-Dec Format

May 3, 2017

Madhya Pradesh has become the first state in the country to shift its financial year from the present April-March cycle to January-December. The state’s budget session for the next financial year would be held in December-January. Hence, the state government ..

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BAT Repeats Brutality by Beheading Two Indian Soldiers

May 2, 2017

Pakistan’s ‘border action team’ (BAT) has beheaded two Indian soldiers by sneaking 200 metres into Indian Territory in the Krishna Ghati sector in Poonch district of Jammu and Kashmir. During the raid, bodies of Naib Subedar Paramjit Singh (22 Sikh Regiment) and head constable ..

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