Page-50 of Current Affairs - April, 2018
Deepak Lather becomes youngest Indian weightlifter to win medal at Commonwealth Games (CWG)
Teenager Deepak Lather from Haryana has become the youngest Indian weightlifter to claim a Commonwealth Games medal by clinching a bronze in the men’s 69kg weightlifting category at the 21st Commonwealth Games (CWG-2018) in Gold Coast, Australia on April 6. ..
Month: Current Affairs - April, 2018
RBI constitutes inter-departmental group to study launching of fiat digital currency
The Reserve Bank of India (RBI) has constituted an inter-departmental group to study and provide guidance on feasibility to introduce fiat digital currency backed by it. It will be submitted by end-June 2018. Fiat currency is currency that a government ..
Month: Current Affairs - April, 2018
CBDT forms Working Group to assess tax risks of High Net Worth Individuals migrating abroad
The Central Board of Direct Taxes (CBDT) has constituted 5-member working group (committee) to examine taxation aspects related to High Net Worth Individuals (HNWIs) who are migrating abroad to other jurisdictions. The Working Group will be headed by Pragya Sahay ..
Month: Current Affairs - April, 2018
Government constitutes committee to regulate news portals
The Ministry of Information and Broadcasting (I&B) has constituted 10-member committee to regulate online portals, including news websites, entertainment sites and media aggregators. The committee will include secretaries of departments of Home, Electronics and Information and Technology, Legal Affairs and ..
Month: Current Affairs - April, 2018
TRAI proposes Wi-Fi grid to bring down cost of internet by 90%
The Telecom Regulatory Authority of India (TRAI) has proposed concept of open architecture-based public Wi-Fi grid to bring down the cost of internet by 90%. It is much needed as broadband proliferation across country is important pillar of Digital India ..
Month: Current Affairs - April, 2018
EXIM Bank extends $4.5 billion loan to Bangladesh for social, infrastructure projects
The Export-Import Bank of India (Exim Bank) will provide loans worth about US $4.5 billion (Rs 29,200 crore) to Bangladesh for financing of various social and infrastructure projects. In this regard, Exim Bank has entered into agreement with Bangladesh Government ..
Month: Current Affairs - April, 2018
RBI defers adoption of Ind-AS by 1 year for banks
The Reserve Bank of India (RBI) has deferred adoption of Indian Accounting Standards (Ind AS) by commercial banks for year (till April 2019) due to unpreparedness of banks to migrate to the new accounting system. RBI has requested Government to ..
Month: Current Affairs - April, 2018
5 April: National Maritime Day
The National Maritime Day (NMD) is observed every year on 5 April to commemorate the maiden voyage of the first Indian owned ship “SS Loyalty” (the first ship of the Scindia Steam Navigation Company Ltd) sailed from Bombay to London ..