Page-22 of Current Affairs - August, 2015

Government to impose 10 per cent import duty on wheat

Government has decided to impose 10 per cent import duty on wheat to discourage wheat importers, applicable from 31 March 2016 after the gap of eight years. This move was taken in wake of increased overseas purchase of wheat when ..

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Atul Keshap appointed as US Ambassador to Maldives and Sri Lanka

Indian-American Atul Keshap has been appointed as the United States (US) Ambassador to Maldives and Sri Lanka. With this appointment he became the second Indian-origin US diplomat to be posted as Ambassador to the region after Richard Rahul Verma (US ..

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Centre accorded Food Park status to three industrial parks in Odisha.

Three more food processing industries in Odisha have been accorded the status of designated food parks by the Ministry of Food Processing Industries (MoFPI) on 7 August 2015. The three industrial estates that got food park status are Agro Industrial Estate for maize, ..

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India imposed anti-dumping duty on Vitamin-C imports from China

To safeguard the interest of domestic industries of India, government on 6 August extended anti-dumping duty on import of all forms and grades of Vitamin C from China for the period of five years. Earlier in 2009 government had imposed ..

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PM Modi declares August 7 as National Handloom Day to mark Swadeshi movement

To commemorate the 1905 Swadeshi movement the Prime Minister Narendra Modi announced August 7 as ‘National Handloom Day’ at the function held in Chennai. At the event PM Modi also launched the ‘India Handloom’ brand to help weavers with brand for global ..

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Rajasthan signs MoUs for Rs 2,452-cr investments at the investment meet in New Delhi

Chief Minister of Rajasthan Vasundhara Raje signed memorandums of understanding (MoUs) worth 2,452 crore rupees at an investor event organised in New Delhi. The event was organised in association with the Confederation of Indian Industry (CII) by the Bureau of Industry Promotion in ..

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Central Board of Direct Taxes (CBDT) signed first Advance Pricing Agreements (APAs) with ‘Rollback’ provision.

In order to bring certainty in tax liability and avoid disputes in taxation with the multinationals operating in India, the Central Board of Direct Taxes (CBDT) for the first time has entered into an Advance Pricing Agreements (APAs) with ‘Rollback’ ..

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Egypt launches Suez Canal expansion

Egypt has launched a major expansion of the Suez Canal. It was inaugurated by Egyptian President Abdel Fattah al-Sisi in a lavish ceremony held at port city of Ismailiya ( located on west bank of canal). Suez Canal expansion project ..

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IS seizes central Syrian town of Qaryatain

The radical militants of Sunni Islamist militant group Islamic State (IS) have seized Qaryatain, a key town in central Syria. It was seized following heavy clashes with Syrian forces. It is IS’s biggest advance after it had captured the historic ..

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RBI allows banks to merge, shift or close branches in urban areas

Reserve Bank of India (RBI) has taken decision to allow banks to merge, shift or close branches in urban areas on their own discretion. In this regard, RBI has issued a notification that mention detailed provisions of above decisions. This ..

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