Page-23 of Current Affairs - June, 2018

India’s Current Maternal Mortality Ratio is 130: Key Facts

June 7, 2018

The registrar general of India has released new data showing significant decline in maternal mortality ratio of the country. The relevant facts and data are as follows: Maternal Mortality and MMR According to WHO, Maternal Mortality is death of a ..

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Insolvency and Bankruptcy Code (Amendment) Ordinance, 2018 Promulgated

June 6, 2018

President Ram Nath Kovind has assented to the promulgation of Insolvency and Bankruptcy Code (Amendment) Ordinance, 2018 on June 6, 2018. This ordinance makes some fine-tuning mechanisms in the Insolvency and Bankruptcy Code, 2016. Key Points This ordinance brings some specific ..

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RBI’s Monetary Policy Review: RBI Hikes Repo Rate to 6.25%

June 6, 2018

On June 6, 2018, the six members Monetary Policy Committee (MPC) of RBI has decided to hike Repo (short term lending rate) to 6.25% from 6.00%. As per the second Bi-monthly Monetary Policy Statement, the current policy rates of RBI ..

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Rs. 8500 Crore Bailout Package for Sugar Industry Approved

June 6, 2018

The Union Cabinet chaired by Prime Minister has approved a Rs. 8500 Crore bailout package for the distressed sugar industry in the country. Background India is world’s second largest sugar producer after Brazil with production of around 20-25 million tonnes ..

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IBSA Ministerial Meet held at Pretoria, South Africa

June 6, 2018

A meeting between external affairs ministers of India, Brazil and South Africa was organized in Pretoria, South Africa. This ministerial summit chaired by India’s External Affairs Minister Sushma Swaraj was attended by South African Minister of International Affairs and Cooperation Lindiwe Sisulu and the Brazilian Deputy ..

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Reservations in Promotions: Centre gets go ahead from SC

June 6, 2018

The Supreme Court has allowed Centre to go ahead with reservation in promotion for SC/ST employees as per the law. From the centre’s behalf, the Additional Solicitor General Maninder Singh had pleased SC to allow promotions, which were on standstill, ..

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India receives first shipment of cheapest LNG from Gazprom Russia

June 4, 2018

On June 4, 2018, India received first shipment of its so far cheapest Liquefied Natural Gas (LNG) from Russian supplier Gazprom. The LNG has been delivered at a price close to USD 7 per million British Thermal Unit (mmBtu). This ..

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India’s E-waste Generation: Key Facts from ASSOCHAM-NEC Study

June 4, 2018

A recent ASSOCHAM-NEC study on “Electricals & Electronics Manufacturing in India” has revealed that India recycles only 5% of its e-waste and the country is one of the biggest contributors of e-waste in the world. E-waste of electronic waste refers ..

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