India moves WTO against US

India has moved the World Trade Organisation (WTO) against the US as it has not yet complied with the rulings of the WTO pertaining to imposition of high import duty on certain Indian steel products. In December 2014, the WTO’s appellate ..

Month: Current Affairs - June, 2017

India's Forex Reserves reach Life Time High of $381.167 billion

According to RBI, India’s foreign exchange (Forex) reserves have increased by $2.404 billion to touch a lifetime high of $381.167 billion in the week that ended on June 2. The increase was due to increase in foreign currency assets (FCAs). Components The components of ..

Month: Current Affairs - June, 2017

IOC Approves New Events for Tokyo Olympics

The International Olympic Committee has approved a number of new events for the 2020 Tokyo Games at the IOC’s Executive Board meeting held at Lausanne, Switzerland. The new events were added to reflect the IOC’s focus on gender equality and appeal to young people. Salient Highlights The ..

Month: Current Affairs - June, 2017

SEBI Clears Vikram Limaye for the post of NSE Chief

SEBI has granted conditional approval for the appointment of Vikram Limaye as the MD and CEO of the NSE. In February 2017, Limaye who is MD and CEO of infrastructure financing company IDFC was selected for the post of NSE chief. However, SEBI ..

Month: Current Affairs - June, 2017

NITI Aayog launches SATH Program

NITI Aayog has launched SATH-‘Sustainable Action for Transforming Human capital’ with the State Governments for furthering the agenda of cooperative federalism.  Salient Highlights NITI Aayog under the SATH initiative plans to identify and build three future ‘role model’ states for health systems. ..

Month: Current Affairs - June, 2017

Government awards Contracts for completion of Kaladan project in Myanmar

Government has awarded a Rs 1,600-crore contract for constructing 109-km road connecting Paletwa river terminal to Zorinpui in Mizoram border as a part of the $484-million Kaladan multi-modal transport (KMTT) projects in Myanmar which will offer connectivity to Mizoram. Salient Highlights Kaladan multi-modal transport projects was the ..

Month: Current Affairs - June, 2017

Supreme Court: Linking of Aadhaar with PAN Mandatory

The Supreme Court has upheld the government’s decision and ruled that it would be mandatory for all Aadhaar holders to link it with the permanent account number (PAN) for filing of income tax returns. However, in a partial setback to the ..

Month: Current Affairs - June, 2017

UK Elects its First Female Sikh and First Turban Wearing Sikh as MPs

In a first Preet Kaur Gill has become the first Sikh to be elected to the British Parliament’s House of Commons. Similarly, Tanmanjeet Singh Dhesi has become the first turban-wearing Sikh to be elected to the House of Commons. In a first, the ..

Month: Current Affairs - June, 2017