NITI Aayog to replace 5-year plans with 15-year vision document

Union Government’s apex think tank NITI (National Institution for Transforming India) Aayog has decided to come up with a 15-year vision document in tandem with global trends and economic growth. NITI Aayog which had replaced erstwhile Planning Commission (PC) in ..

Month: Current Affairs - May, 2016

Anil Kumble re-appointed ICC Cricket Committee chairman

Former India captain Anil Kumble has been re-appointed ICC (International Cricket Council) Cricket Committee chairman for a second term of three years. Earlier he was appointed as the chairman for his first term in 2012 and now he will continue ..

Month: Current Affairs - May, 2016

US activates land-based missile defence station in Romania

United States has activated a land-based missile defence station (Aegis Ashore Missile Defence System) in Deveselu, Romania. The missile defence station is part of NATO’s larger European shield to protect member countries from short and medium-range missiles, particularly from the ..

Month: Current Affairs - May, 2016

Kenya to close Dadaab, world's biggest refugee camp

The Kenyan Government has decided to close Dadaab refugee camp which is often referred to as the world’s largest refugee camp over the issue national security. The camp is home to 330000 refugees mostly from Somalia who have fled from ..

Month: Current Affairs - May, 2016

SC upholds constitutional validity of penal laws on defamation

The Supreme Court has upheld constitutional validity of penal laws on defamation as the right to life under Article 21 includes the right to reputation. Ruling in this regard was given by two-judge SC bench of Justices Dipak Misra and ..

Month: Current Affairs - May, 2016

ICICI Bank launches country's 1st contactless credit card for SMEs

India’s largest private sector bank ICICI Bank has launched country’s first contactless business credit card in association with Jet Airways for small and mid-sized enterprises (SMEs). The card has been christened as the ‘Jet Airways ICICI Bank Business Advantage Card’. ..

Month: Current Affairs - May, 2016

India, China and four others courtiers sign pact on tax info sharing

India and other 5 countries viz. Canada, Iceland, Israel, New Zealand and China have signed OECD’s (Organisation for Economic Co-operation and Development) Multilateral Competent Authority Agreement in Beijing (China). The multilateral agreement aims at boosting automatic exchange of information on ..

Month: Current Affairs - May, 2016

Railways to constitute Mobility Directorate, Non-Fare Revenue Directorate

The Union Railways Ministry has decided to constitute two Directorates viz. Mobility Directorate (MD) and Non-Fare Revenue Directorate (NFRD). They will be established for creation of cross functional directorates to focus on different areas in line with the Railway Minister’s ..

Month: Current Affairs - May, 2016