Page-2 of Current Affairs - January, 2017

Atomic clocks on indigenous navigation satellite IRNSS-1A develops snag

The atomic clocks on the first satellite IRNSS-1A of the NavIC (Navigation with Indian Constellation), the indigenously built satellite-based positioning system, has developed a technical snag. One of the three crucial rubidium timekeepers (atomic clock) on IRNSS-1A satellites failed six ..

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Seven new countries join BEPS agreement

Seven new countries Lithuania, Gabon, Hungary, Indonesia, Malta, Mauritius and Russia – have signed Multilateral Competent Authority Agreement for Country-by-Country Reporting (CbC MCAA). With this, the total number of signatories has increased to 57 including India (signed in May 2015). ..

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IndiaPost gets payments bank licence from RBI

IndiaPost under Department of Posts (Union Ministry of Communications and Information Technology) received final payments bank licence from the Reserve Bank of India (RBI). With this, India Post became the third entity after Bharti Airtel and Paytm to receive final ..

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Government launches Sparsh Leprosy Awareness Campaign

The Union Government has launched nationwide “Sparsh Leprosy Awareness Campaign (SLAC)” on the occasion of Anti-Leprosy Day (observed on the last Sunday of January). The day is observed every year on January 30 in the memory of Mahatma Gandhi who ..

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GAAR will be effective from April 1, 2017

The Union Finance Ministry has announced that the General Anti Avoidance Rule (GAAR) will be effective from the 1 April, 2017. In this regard Income Tax (IT) department has issued a slew of clarifications on implementation of GAAR, seeking to ..

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Indian Navy’s Theatre Level Exercise TROPEX 17

The Indian Navy’s Annual Theatre Readiness Operational Exercise (TROPEX) 2017 is being conducted off the Western Seaboard. The month long exercise will see participation of ships and aircraft of both the Western and Eastern Naval Command and also assets from ..

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Dr Vijay Bhatkar appointed new vice-chancellor of Nalanda University

President Pranab Mukherjee has appointed Dr Vijay Bhatkar, architect of India’s first supercomputer the Param series, as the chancellor of Nalanda University. He will have term of three years from the date of his appointment as provided under Section 11(3) ..

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ISRO Successfully tests Cryogenic Engine for Upper Stage of GSLV Mk III

The Indian Space Research Organisation (ISRO) successfully tested indigenously developed cryogenic engine for the upper stage ‘GSLV Mk III’ rocket.  The cryogenic upper stage, designated as C25, was tested for 50 seconds at ISRO Propulsion Complex (IPRC) at Mahendragiri in ..

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