15th Finance Commission forms constitutes advisory council over terms of reference issue

The Fifteenth Finance Commission (FCC) headed by NK Singh has constituted Advisory Council to advise and assist Commission on issue or subject related to Terms of Reference (ToR) to quell strong opposition from some states over 2011 census. The council ..

Month: Current Affairs - May, 2018

India to grow 7.4% in 2018: IMF's Asia & Pacific Regional Economic Outlook report

The International Monetary Fund (IMF) in its Asia and Pacific Regional Economic Outlook report has reaffirmed that India will be the fastest growing major economy in 2018, with growth rate of 7.4% and 7.8% in 2019. Key Facts India’s medium-term ..

Month: Current Affairs - May, 2018

India's installed clean energy capacity touched 70 GW: Government

According to Ministry of New and Renewable Energy (MNRE), India’s installed clean (renewable) energy capacity has already touched 70 Gigawatts (GW) and 38 GW is under implementation. This shows that India is progressing fast in areas of renewable energy and ..

Month: Current Affairs - May, 2018

Indian Pharmacopoeia Commission approves modern animal-free testing for drugs

Indian Pharmacopoeia Commission (IPC) has in its 2018 edition of Indian Pharmacopoeia approved modern, animal-free tests for drug manufacturers. It will spare animals from suffering due to drug experiments. 2018 Indian Pharmacopoeia It provides guidelines on tests for drugs manufactured ..

Month: Current Affairs - May, 2018

India, Guatemala ink MoU for expanding cooperation in diplomatic training

India and Guatemala have signed pact for strengthening diplomatic cooperation through Respective Foreign Service Institutes in educational field. The agreement was signed after meeting between Vice President M Venkaiah Naidu and his Guatemala counterpart, Jafeth Cabrera Franco in Guatemala City. ..

Month: Current Affairs - May, 2018

Madhya Pradesh launches India’s first Integrated Control and Command Centre for its smart cities

Bhopal Smart City Development Corporation Ltd. (BSCDCL) has launched India’s first cloud-based Common Integrated Data Centre, Disaster Recovery Centre and Integrated Control and Command Centre (ICCC). It is powered by Hewlett Packard (HP) Enterprise’s Universal Internet of Things (IoT) Platform. ..

Month: Current Affairs - May, 2018

Asia Power Index: India ranks fourth in Asia-Pacific region

India was ranked fourth out of 25 nations in Asia-Pacific region in the inaugural Asia Power Index released by Australian think tank Lowy Institute. Asia Power Index It measures overall power of countries and territories in Asia-Pacific region. A country’s ..

Month: Current Affairs - May, 2018

TRAI releases draft of telecom interconnection regulation

The Telecom Regulatory Authority of India (TRAI) issued draft Telecommunication Interconnection (Amendment) Regulations 2018 to amend interconnect regulations, proposing certain changes in terms and conditions for operators to seek fresh call connect ports from other telecom operators. Key Features of ..

Month: Current Affairs - May, 2018