Page-21 of Current Affairs - October, 2016

Indian Pharma companies rank 19th in Biopharmaceutical Competitiveness & Investment (BCI) Survey

Indian pharmaceutical companies have ranked low at 19th position with an overall score of 59 out of 100 among in the Biopharmaceutical Competitiveness & Investment (BCI) Survey. The survey of 28 countries was commissioned by the Pharmaceutical Research and Manufacturers ..

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Union Government set up Public Debt Management Cell

The Union Finance Ministry has set up a Public Debt Management Cell (PDMC) with the objective of deepening bond markets in the country. PDMC will streamline government borrowings and better cash management for deepening bond markets. Key Facts PDMC is ..

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India's first Medipark will be set up in Tamil Nadu

India’s first Medipark (Medical Park) will be set up in Tamil Nadu at Chengalpet near Chennai, Tamil Nadu. It will boast of the first medical devices manufacturing park in the country. In this regard, the Union Cabinet has allowed HLL ..

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BRICS Contingent Reserve Arrangement declared operational

The Contingent Reserve Arrangement (CRA) of BRICS nations viz. Brazil, Russia, India, China and South Africa was declared operational. It was announced by Union Finance Minister Arun Jaitley who had chaired the Governing Council meeting of the BRICS’ CRA in ..

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Adoption of GST tax will boost India's medium-term growth: IMF

The International Monetary Fund (IMF) has asserted that adoption of GST (Goods and Services) tax will boost India’s medium-term growth. It was mentioned IMF’s latest Asia Pacific regional economic update. It mentioned that India has shown progress on reforms that ..

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India-Pakistan border to be sealed completely by 2018

Union Home Minister Rajnath Singh announced that India-Pakistan border will be completely sealed by December 2018. Announcement in this regard was made after Union Home Minister held meeting of representatives of 4 states sharing border with Pakistan in Jaisalmer, Rajasthan. ..

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New termite species named Chiraharitae discovered

A new termite species Glyptotermes Chiraharitae was discovered at Kakkayam in the Malabar Wildlife Sanctuary, Kerala. It has been named ‘Chiraharitae’ after the tropical evergreen forests of the Western Ghats, where it was spotted. Key Facts Termites are of three ..

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SC stays commercial release of GM mustard

The Supreme Court has stayed the commercial release of Genetically Modified (GM) mustard crop till October 17, 2016. It has asked the Central Government to seek public opinion before releasing the variety for cultivation purpose. Order in this regard was ..

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