Page-3 of Current Affairs - January, 2016

Union Cabinet approves raising of 17 Indian Reserve Battalions

January 28, 2016

The Union Cabinet has approved proposal of raising of 17 Indian Reserve Battalions (IRBs) in Jammu & Kashmir and 4 Left Wing Extremism (LWE) affected states. Decision in this regard was taken by Union Cabinet Meeting chaired by Prime Minister ..

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Rajasthan Government inks MoU to join UDAY Scheme

January 28, 2016

Rajasthan Government along with its power distribution companies (DISCOMS) has signed a MoU to join UDAY (Ujwal Discom Assurance Yojana) Scheme. State DISCOMS part of this MoU are Jaipur Vidyut Vitran Nigam Limited (JVNL), Jodhpur Vidyut Vitran Nigam Limited (JVVNL) ..

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India and Armenia sign Protocol amending the Double Taxation Avoidance Convention

January 28, 2016

India and Armenia has signed a Protocol to amend the existing Double Taxation Avoidance Convention (DTAC) to curb instances of tax evasion. The Protocol amends the Article on Exchange of Information for tax in the bilateral DTAC signed between India ..

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India overtakes Thailand as World's largest Rice exporter

January 28, 2016

India has overtaken Thailand as the world’s largest rice exporter in the year 2015 by shipping (exporting) 10.23 million tonnes of rice. It was announced by the Bangkok based Thai Rice Exporters Association Chairman Charoen Laodhammatas. Key facts Thailand: The ..

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Cognizant acquires KBACE Technologies

January 28, 2016

United States (US) based software services exporter Cognizant Technology Solutions (CTS) has acquired cloud-based computing firm KBACE Technologies. This acquisition will help Cognizant to strength and expands its digital capabilities from its critical business applications to cloud-based IT infrastructures. The ..

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31 OECD members signed corporate tax avoidance deal

January 27, 2016

31 Organisation for Economic Co-operation and Development (OECD) members have signed corporate tax avoidance agreement in a bid to stem fiscal (tax) evasion by multinational companies (MNCs). The new agreement is about sharing information between members rather than a new ..

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Scientists discover largest known solar system

January 27, 2016

Astronomers have discovered the largest known solar system in the form of gas giant located one trillion kilometres away. This solar system has large planet known as 2MASS J2126-8140 that takes nearly a million years to orbit its star. Key ..

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India ranks 76 in 2015 Corruption Perception Index

January 27, 2016

India has been ranked 76th out of 168 countries in the recently released 2015 Corruption Perception Index (CPI). The 2015 CPI was the 21st edition of the annual index and was published by the Berlin-based corruption watchdog Transparency International (TI). ..

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