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Wednesday, July 25, 2018

DAILY CURRENT AFFAIRS: 13 JUNE 2018


                                   DAILY CURRENT AFFAIRS: 13 JUNE 2018
(DAILY NEWS INDIA)
                                  SHARED BY: WWW.DAILYGK.IN

1.      INDIA’S 1ST NATIONAL POLICE MUSEUM TO COME UP IN DELHI
i. The Union Government has announced to establish India’s first national police museum in Lutyens' Delhi. The museum is expected to be inaugurated on 21st October 2018 on the occasion of Police Commemoration Day.
ii. The unique museum, depicting the history, artefacts, uniforms and gear of central and state police forces, will come up as an underground facility in the premises of the national police memorial in Chanakyapuri area.

2.      SEBI CONSTITUTES EXPERT COMMITTEE TO FRAME RULES FOR DIRECT LISTING OF INDIAN FIRMS ABROAD
i. The Securities and Exchange Board of India (SEBI) constituted an Expert Committee to frame rules for direct listing of Indian firms abroad.
ii. The committee will examine the economic case for permitting direct listing of Indian companies overseas and listing of Indian companies on foreign bourses in India. The committee includes nine members.

3.      INDIA TO HOST 1ST BIMSTEC MILITARY EXERCISE
i. India will host first military exercise of the BIMSTEC Countries in September 2018 in Pune, Maharashtra. The theme of the exercise includes counter-terrorism in semi-urban terrain and cordon and search.
ii. The main aim of this military exercise is to promote strategic alignment among the member-states and to share best practices in the area of counter-terrorism. Each participating member country will bring in some 30 soldiers.
iii. BIMSTEC countries had held disaster management exercise in 2017 in New Delhi, but this will be the first military exercise of the grouping.
BIMSTEC stands for Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation.
Member countries: India, Nepal, Bangladesh, Bhutan, Sri Lanka from South Asia and Myanmar, Thailand from South East Asia.

DAILY CURRENT AFFAIRS: 12 JUNE 2018


DAILY CURRENT AFFAIRS: 12 JUNE 2018
(DAILY NEWS INDIA)
                                  SHARED BY: WWW.DAILYGK.IN

1.      PRESIDENT RAM NATH KOVIND TO LAUNCH SOLAR CHARKHA MISSION
i. President Ram Nath Kovind will launch Solar Charkha Mission which will entail a subsidy of 550 crore rupees in the initial two years for 50 clusters. According to the Minister for Micro, Small and Medium Enterprises Giriraj Singh, the scheme is aimed at linking five crore women and self-help groups to the initiative.
ii. 15 new technology centres will be set up and out of these, ten will be made operational this year. These centres will provide technological support to small industries.

2.      INDIA, US AGREE TO HOLD COMPREHENSIVE TALKS TO ADDRESS TRADE & ECONOMIC ISSUES
i. India and the US have agreed to hold comprehensive talks to address trade and economic issues.
ii. The decision in this regard was taken during a series of meetings, Commerce and Industry Minister Suresh Prabhu had with US Commerce Secretary Wilbur Ross and US Trade Representative Robert Lighthizer. Mr Suresh Prabhu was on a two-day visit to the US.

3.      INFLATION RISES TO 14-MONTH HIGH OF 4.43% IN MAY
i. Inflation based on wholesale prices shot up to a 14-month high of 4.43% in May on increasing prices of petrol and diesel as well as vegetables. The Wholesale Price Index (WPI) based inflation stood at 3.18%in April and 2.26% in May 2017.
ii. According to government data released, inflation in food articles was at 1.60% in May 2018, as against 0.87% in the preceding month. Inflation in vegetables climbed to 2.51% in May. Inflation in ‘fuel and power’ basket rose sharply to 11.22% in May from 7.85% in April as prices of domestic fuel increased in line with rising global crude oil rates.

DAILY CURRENT AFFAIRS: 11 JUNE 2018


DAILY CURRENT AFFAIRS: 11 JUNE 2018
(DAILY NEWS INDIA)
                                  SHARED BY: WWW.DAILYGK.IN

1.      PRESIDENT DECLARES QUEEN PINEAPPLE AS TRIPURA'S 'STATE FRUIT'
i. President Ram Nath Kovind has declared Tripura's queen variety pineapple as state fruit and its export was a major step in connecting the state with world trade.
ii. The state holds good potential in world trade. Export of the pineapple to foreign countries is a major step in connecting with world trade. Tripura exported its first consignment of one-tonne pineapples to Dubai earlier this month.

2.      RBI TO SET UP PUBLIC CREDIT REGISTRY TO CURB BAD LOANS
i. In a bid to check loan defaults, RBI stated that a Public Credit Registry (PCR) will be set up containing information on all borrowers to ensure financial stability.
ii. Following a report by Yeshwant M Deosthalee headed High-Level Task Force, RBI stated it has considered the recommendations and decided to set up a PCR in a modular and phased manner.

3.      OPERATION NISTAR: INDIAN NAVY BRINGS BACK 38 INDIANS FROM CYCLONE-HIT SOCOTRA ISLAND IN YEMEN
i. In a swift operation, the Indian Navy has rescued 38 Indians from Socotra island in Yemen where they were stranded for nearly 10 days after a severe cyclonic storm hit the area.
ii. The Navy had diverted its ship INS Sunayna from the Gulf of Aden to Socotra as part of the operation ‘NISTAR’ to rescue the Indians.

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