Page-5 of Current Affairs - August, 2016
RBI asks banks to extend loans to women SHGs at 7% rate
Reserve Bank of India (RBI) has asked banks to provide loans up to Rs 3 lakh at 7 per cent interest rate to Women Self-Help Group (SHG). This loan scheme must be provided under the National Rural Livelihoods Mission (NRLM)-Aajeevika ..
Month: Current Affairs - August, 2016
World’s first self-driving taxis launched in Singapore
The world’s first self-driving taxi service was launched in Singapore. This launch is significant as it offer technology demonstration that could revolutionize the future transport industry. The self-driving taxi service was launched Singapore based nuTonomy, an autonomous vehicle software startup. ..
Month: Current Affairs - August, 2016
G Satheesh Reddy wins first IEI-IEEE award
Senior DRDO scientist Dr. G. Satheesh Reddy was awarded the first IEI-IEEE Award for Engineering Excellence-2015. He was bestowed with this award in recognition of his significant national contributions towards missiles and aerospace technologies. About G Satheesh Reddy Reddy is ..
Month: Current Affairs - August, 2016
Abhinav Bindra to Head NRAI Review Committee on Rio Debacle
The National Rifle Association of India (NRAI) has constituted five-member review committee to probe the Indian shooters’ Rio Games debacle. The committee will be headed by India’s first and only individual Olympic gold-medallist Abhinav Bindra. It will submit the report ..
Month: Current Affairs - August, 2016
Cristiano Ronaldo crowned UEFA Best Player in Europe award
Portuguese footballer Cristiano Ronaldo (31) has won the UEFA Best Player in Europe award for the year 2015-16. This is second time he has won this award after he was crowned for first time in 2013–14. To bag this award, ..
Month: Current Affairs - August, 2016
South India's First Children's Court inaugurated in Hyderabad
The first Children Court of South India was launched at the Nampally Criminal Courts Complex in Hyderabad, Telangana to fast disposal of cases related to children. With this, Telangana has become the third state to have a child friendly court ..
Month: Current Affairs - August, 2016
Union Cabinet approves introduction of Surrogacy (Regulation) Bill, 2016
The Union Cabinet has given its approval for introduction of the Surrogacy (Regulation) Bill, 2016 to banning commercial surrogacy in country. The Bill will ensure effective regulation of surrogacy, prohibit commercial surrogacy and allow ethical surrogacy to the needy infertile ..
Month: Current Affairs - August, 2016
Union Cabinet approves revised India-Cyprus Double Tax Avoidance Agreement
The Union Cabinet approved a revised Double Tax Avoidance Agreement (DTAA) and the Prevention of Fiscal Evasion with respect to Taxes on Income between India and Cyprus. The revised DTAA provides for source-based taxation of capital gains on transfer of ..