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Tuesday, November 8, 2016

DAILY CURRENT AFFAIRS: 8TH NOV 2016

DAILY CURRENT AFFAIRS: 8TH NOV 2016
(Daily News India)
Shared By: WWW.DailyGk.IN

1. 128TH ANNIVERSARY OF SIR CV RAMAN BEING CELEBRATED ON 7TH NOVEMBER.
i. The 128th anniversary of Nobel laureate Bharat Ratna Sir CV Raman is being celebrated on 7th November.
ii. He was born on November 7, 1888 at Thiruvanaikaval in Tiruchirapalli Tamil Nadu.
iii.Sir CV Raman  won the Nobel prize in Physics 1930 for his  discovery -Raman effect - the scattering of light which makes the sea and clear sky look blue.

2. FIRST S4A DEBT RECAST GETS APPROVAL
i. Construction major Hindustan Construction Company became India’s first firm to get debt recast under RBI’s new Scheme for Sustainable Structuring of Stressed Assets .
ii. The S4A has approved HCC’s Rs. 5,000-crore debt recast passed by an ICICI Bank-led joint lender forum in September 2016.
iii. Under this debt recast of HCC 52% of the debt was found to be sustainable and can be serviced as per original terms and conditions, including about interest rate and tenure.

3. GOOGLE CAPITAL CHANGES ITS NAME TO 'CAPITALG'
i. Google Capital, the search giant's venture arm that invests in growth-stage companies, has changed its name to 'CapitalG'.
ii. The old GoogleCapital.com domain now forwards to CapitalG.com, and Google Capital's Twitter account has announced that it’s being retired in favour of a new @CapitalGTweets account.
iii. CapitalG’s new site confirms a previously unmentioned detail that it has invested in Snapchat.

4. RBI APPOINTS M RAJESHWAR RAO AS EXECUTIVE DIRECTOR
i. The Reserve Bank has appointed M Rajeshwar Rao as Executive Director following G Mahalingam’s voluntary retirement from the central bank.
ii. As Executive Director, Rao will look after Department of Statistics and Information Management, Financial markets Operations Department and International Department.

DAILY CURRENT AFFAIRS: 7TH NOV 2016

DAILY CURRENT AFFAIRS: 7TH NOV 2016
(Daily News India)
Shared By: WWW.DailyGk.IN

1. FIRST WORLD TSUNAMI AWARENESS DAY OBSERVED ON 5 NOVEMBER
i. The First World Tsunami Awareness Day is being observed today across the world on 5 november.
ii. The theme for day is Effective Education and Evacuation Drills.
iii. The observance of the day will help to spread awareness among people across the world in matters related to the dangers of the tsunami.

2. PRESIDENT APPROVES PAYMENT OF 2% DA FROM JULY 1
i. President Pranab Mukherjee approved the 2% hike in Dearness Allowance to central government employees.
ii. DA is provided to employees and pensioners to minimise the impact of price rise on their earnings. Earlier this year, DA was hiked 6% to 125% of the basic pay.

3. PM TO INAUGURATE 1ST INTL AGRO-BIODIVERSITY CONGRESS
i. Prime Minister Narendra Modi will inaugurate the first ever International Agro-biodiversity Congress in New Delhi .
ii. The event will initiate and encourage a dialogue among stakeholders, including farmers, to better understand everyone role in agro-biodiversity management and the conservation of genetic resources.

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