Page-14 of Current Affairs - May, 2018

Arsenic Sensor and Removal Media: IISER develops device to detect and remove arsenic from water

May 18, 2018

Indian Institute of Science Education and Research (IISER) in collaboration with private company has developed a new device-Arsenic Sensor and Removal Media to detect and remove arsenic content from water and make it safe and usable by households. Arsenic Sensor ..

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Commerce Ministry establishes Directorate General of Trade Remedies  

May 18, 2018

Union Ministry of Commerce and Industry issued notification for creation of Directorate General of Trade Remedies (DGTR) in Department of Commerce. In this regard amendments were made in Government of India (Allocation of Business) Rules, 1961. Directorate General of Trade ..

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India's economy is projected to grow 7.6% in 2018-19: UN WESP

May 18, 2018

According to UN World Economic Situation and Prospects (WESP), India’s economy is projected to grow 7.6% in fiscal year 2018-19, making it fastest growing economy in the world. GDP growth in India is expected 7.5 and 7.6% in fiscal years ..

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RBI tweaks norms for setting up of IFSC Banking Units

May 18, 2018

The Reserve Bank of India (RBI) has modified norms for setting up International Financial Services Centres (IFSC) Banking Units (IBUs) by banks in IFSCs. In April 2015, RBI had formulated scheme for setting up of IFSC IBUs by banks in ..

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President appoints Uttam Pacharne as Chairman of Lalit Kala Akademi

May 18, 2018

President Ram Nath Kovind has appointed Uttam Pacharne as regular Chairman of Lalit Kala Akademi. He will have tenure of three years from the date on which he assumes the charge of his office. He will replace ML Srivastava, Joint ..

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WHO publishes its first Essential Diagnostics List

May 17, 2018

The World Health Organisation (WHO) has published its first Essential Diagnostics List, a catalogue of tests needed to diagnose most common diseases along with number of global priority diseases. It aims to address people’s inability to access diagnostic services, which ..

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Cabinet approves National Policy on Biofuels, 2018

May 17, 2018

The Union Cabinet has approved National Policy on Biofuels – 2018 in order to promote biofuels in the country. Biofuels in India are of strategic importance as it augers well with ongoing initiatives of Government such as Make in India,  ..

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Network for Spectrum Project for Defence Services: CCEA approves enhancement of budget

May 17, 2018

The Cabinet Committee on Economic Affairs (CCEA) has given its approval for enhancement of budget by Rs.11,330 crore for Network For Spectrum (NFS) project. This is over and above Rs.13,334 crore already approved by Cabinet Committee on Infrastructure in July, ..

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