Page-5 of Current Affairs - February, 2016

Union Cabinet gives nod to India-Maldives double taxation Agreement on airlines

The Union Cabinet has given its approval for signing of an Agreement between India and Maldives for the avoidance of double taxation of income from international air transport. This agreement provides relief from double taxation for airline enterprises operating between ..

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RBI extends Currency Swap Arrangement with SAARC nations

The Reserve Bank of India (RBI) has extended currency swap arrangement to South Asian Association for Regional Cooperation (SAARC) nations till mid-November 2017. All 7 SAARC member countries including Bangladesh, Afghanistan, Maldives, Bhutan, Nepal, Pakistan and Sri Lanka can avail ..

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CCEA hikes MSP of raw jute from Rs 2,700 to 3,200 per quintal

The Cabinet Committee on Economic Affairs has hiked Minimum Support Price (MSP) of raw jute from 2,700 to 3,200 rupees per quintal. Decision in this regard was taken during CCEA meeting headed by Prime Minister Narendra Modi in New Delhi. ..

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Yoichiro Ueno appointed as President and CEO of Honda cars India

Yoichiro Ueno has been appointed as new President and Chief Executive Officer (CEO) of Honda Cars India by its parent Honda Motor Company. He will succeed Katsushi Inoue who was elevated to the position of Chief Operating Officer (COO) of ..

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Michael Pesch appointed as CEO of Infosys Consulting Holding

Michael Pesch has been appointed as Chief Executive Officer (CEO) of Infosys Consulting Holding, a subsidiary of India’s second largest software company Infosys. He will be responsible for Infosys Consulting business in Europe Latin America and Asia Pacific Region and ..

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Ex-CJI HL Dattu selected as new Chairman of NHRC

Union Government has selected former Chief Justice of India (CJI) H L Dattu as new Chairman of National Human Rights Commission (NHRC). He will succeed Mr. K.G. Balakrishnan who had demitted office after his five-year term ended in May 2015. ..

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Naval Exercise IBSAMAR 2016 between India, South Africa, Brazil kicked off in Goa

The fifth edition of IBSAMAR 2016 trilateral naval exercise between Brazil, India and South Africa kicked off in Goa. IBSAMAR is abbreviated as India-Brazil-South Africa Maritime. This is the for the first time the exercise is held in India as ..

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India’s first nuclear submarine INS Arihant passes deep sea tests

India’s first indigenously built nuclear armed submarine INS Arihant has successfully passed several deep sea diving drills as well as weapons launch tests. These successful tests undertaken off Vishakhapatnam coast where the submarine was build. These tests makes it ready ..

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