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Current Affairs 05 April 2019 Digest 1: Asian Development Outlook 2019; Hawking’s Theory of Dark Matter denied

Apr 5, 2019
As per the ADB report, since oil prices rose and Asian currencies depreciated, inflation edged up last year but remained low by historical standards.

Current Affairs 4 April 2019 Digest 3: UAE honours PM Narendra Modi with Zayed Medal; RBI cuts Repo Rate to 6%

Apr 4, 2019
The United Arab Emirates honoured PM Narendra Modi with its highest decoration, Zayed Medal in recognition of his "pivotal role" in strengthening ties between the two nations. India and UAE are one of the largest trade partners for each other and have made robust investments bilaterally with bilateral trade amounting to almost USD 50 billion in 2017.

Current Affairs 4 April 2019 Digest 1: CBDT signs 18 APAs; NuGen Mobility Summit 2019

Apr 4, 2019
With the signing of these APAs, the Indian Advance Pricing Agreement regime moved forward with the total number of APAs entered into by the CBDT so far stands at 271, including 31 BAPAs. The NuGen Mobility Summit 2019 will help in building a platform for bringing together all stakeholders in the automotive industry to understand global advancements in technologies.

Current Affairs 3 April 2019 Digest 4: UN appoints investigation head for Myanmar, SC quashes RBI circular on debt resolution

Apr 3, 2019
The United Nations has appointed the American prosecutor to lead the effort to collect and analyse evidence that Myanmar perpetrated crimes against humanity against Rohingyas.

Current Affairs 3 April 2019 Digest 3: US approves sale of 24 MH 60 helicopters to India, UAE amends visa policies for expat families

Apr 3, 2019
The MH-60 Romeo Seahawk helicopters will provide the Indian defence forces with the capability to perform anti-surface and anti-submarine warfare missions

Current Affairs 2 April 2019 Digest 3: Joint Statements between India-Chile; India-Bolivia

Apr 2, 2019
Indian President Ram Nath Kovind and his Chilean counterpart emphasised that terrorism is a global scourge that must be forcefully combated through concerted global action.

Current Affairs 1 April 2019 Digest 3: Manu Sawhney takes charge as ICC CEO; Anti-dumping duty imposed on import of solar cell component

Apr 1, 2019
Former Managing Director of ESPN Star Sports, Sawhney was meant to work alongside Richardson till July, but ICC decided that he was ready to start the job early with the transition having gone smoothly.

Current Affairs 1 April 2019 Digest 1: ISRO launches EMISAT & 28 satellites; Merger of Bank of Baroda, Vijaya Bank, Dena Bank

Apr 1, 2019
The launch of intelligence satellite EMISAT along with 28 others came days after India successfully test-fired an Anti-Satellite (ASAT) missile under the Mission Shakti. Dena Bank and Vijaya Bank became a part of the Bank of Baroda, leading to the creation of the India's second largest Public Sector Bank after the SBI.

Current Affairs 29 March 2019 Digest 5: Coffee Board Blockchain Marketplace; RBI on Interest Rate Derivatives

Mar 29, 2019
Blockchain will reduce the number of layers between coffee growers and buyers and help farmers double their income.

Current Affairs 29 March 2019 Digest 3: Rail Vikas Nigam IPO opens; UNSC Resolution against terrorist funding

Mar 29, 2019
The Rail Vikas Nigam is offering its 25.34 crore shares at a price band of Rs 17 - Rs 19 per equity share. Investors need to apply for a minimum of 780 shares or more for bidding in the IPO process.

Current Affairs 27 March 2019 Digest 2: SC warns RBI of contempt; RBI slaps Rs 2 crore penalty on PNB

Mar 27, 2019
The Supreme Court has threatened to take disciplinary action against RBI for not abiding by its earlier verdict to make its bank inspection report public under the Right to Information Act and granted it a week’s time to comply.

Current Affairs 25 March 2019 Digest 2: Jet Airways Crisis: Explained

Mar 25, 2019
Indian full-service carrier Jet Airways on January 1, 2019 informed the stock exchanges that it had defaulted on its loan repayments to banks. Soaked in financial losses and debt of over USD 1 billion, the airline is struggling to even pay out salaries to employees.

Current Affairs 25 March 2019 Digest 4: What is minimum income guarantee scheme; India ranks 76th on Energy Transition Index

Mar 25, 2019
Leading opposition party in India has announced a minimum income guarantee scheme for the poorest 20 per cent of Indian families if voted to power. Under the scheme, 20 per cent of India’s most poor families will get Rs 72,000 yearly in their bank accounts.

RBI’s Expert Committee on MSME undertakes comprehensive review of sector

Mar 22, 2019
The central bank announced the constitution of the Committee in its Fifth Bi-Monthly Monetary Policy Statement 2018-19, that was released on December 5, 2018.

Current Affairs 20 March 2019 Digest 2: GST Council approves transition plan for new tax rates for real estate sector; SpiceJet joins global airlines grouping IATA

Mar 20, 2019
The builders will be given a one-time option to continue with the old tax rate of 8 percent or 12 percent with input tax credit (ITC) on ongoing projects where construction and actual booking started before April 1, 2019 and have not been completed by March 31, 2019.

Current Affairs 20 March 2019 Digest 1: Pinaki Chandra Ghose appointed as India's first Lokpal; IBBI, SEBI sign MoU for better implementation of IBC

Mar 20, 2019
India gets its first Lokpal six years after the passage of Act, former Supreme Court judge, Pinaki Chandra Ghose was on March 19, 2019 appointed as India’s first Lokpal also known as the anti-corruption ombudsman.

Current Affairs 18 March 2019 Digest 4:Government increases incentives of Central Government staff for acquiring higher qualifications; Who is Pinaki Chandra Ghose?

Mar 18, 2019
A sum of Rs 20,000 will be given for earning post graduate degree or diploma within one year or less and these qualification having duration of more than one year will hold Rs 25,000 as incentives for the employees.

Current Affairs 16 March 2019 Digest 1: Lok Sabha Election 2019: Registration of political parties; RBI issues Guidelines to prevent market abuse

Mar 16, 2019
The Election Commission of India (ECI) announced the schedule of the Lok Sabha Election 2019 and elections to the State Assemblies of Andhra Pradesh, Orissa, Arunachal Pradesh on March 10, 2019.

RBI categorises IDBI Bank as Private Sector Bank; SBI, ICICI and HDFC remain Systemically Important Banks

Mar 15, 2019
In January 2019, the Life Insurance Corporation of India (LIC) completed the process of picking up a controlling stake of 51 percent in the IDBI Bank. The deal concluded after the approval of the Union Cabinet on August 1, 2018.

Corporate Affairs Ministry releases national guidelines on responsible business conduct

Mar 13, 2019
The Corporate Affairs Ministry has released the National Guidelines on responsible business conduct and revised the National Vountary Guidelines on social, environmental and economic responsibilities of business, 2011.
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