K Srikanth wins Indonesian Open

Post Date : 20/06/2017

India’s Kidambi Srikanth has lifted the Indonesia Open Super Series badminton title at Jakarta by defeating Japan’s Kazumasa Sakai in straight sets 21-11, 21-19. For Srikanth who is currently World No. 22 this is a big title win. It is Srikanth’s third Super Series title after 2014 China Open .....Read More

Government makes Aadhaar Mandatory for Opening Bank Accounts

Post Date : 17/06/2017

The government has made Aadhaar mandatory for opening bank accounts as well as for carrying out financial transactions above of Rs 50,000. In addition, the government has asked all the existing account holders to link Aadhaar numbers to their bank accounts by December 31, 2017. Failure to comply wit.....Read More

India re-elected to ECOSOC

Post Date : 17/06/2017

India has won its re-election to the UN’s principal organ on economic, social and environmental issues for another three-year term. India was one among the 18 nations to win election to the Economic and Social Council (ECOSOC). Salient Highlights India has obtained 183 votes which is the second hi.....Read More

Virat Kohli Creates Record by becoming Fastest Batsman to Score 8000 runs in ODIs

Post Date : 17/06/2017

India’s Skipper Virat Kohli has created a record by becoming the quickest batsman to score 8000 runs in one-day international cricket beating South Africa’s AB de Villier’s record by seven fewer innings. Virat Kohli has managed to cross the 8000 run mark in his 175th innings during India’s m.....Read More

Justice PN Bhagwati, a Pioneer of Judicial Activism Passes Away

Post Date : 17/06/2017

Former Chief Justice of India Prafullachandra Natwarlal Bhagwati who is considered as a pioneer of Judicial Activism has passed away. Justice Bhagwati was 95 years old. Justice Bhagwati introduced the concepts of Public Interest Litigation (PIL) and absolute liability to the Indian judicial system. .....Read More

Union Cabinet approves Interest Subvention on Short-Term Crop Loan to Farmers

Post Date : 15/06/2017

The Union cabinet has approved the Interest Subvention Scheme (ISS) for farmers for the year 2017-18. The Government has allocated Rs. 20,339 crore for this scheme. The objective of the scheme is to make available agricultural credit for Short Term crop loans at an affordable rate. The scheme is exp.....Read More

Verizon Completes Yahoo Acquisition

Post Date : 15/06/2017

Telecom giant Verizon has acquired Yahoo’s core business for $4.48bn (£3.51m), thus ending Yahoo’s two-decade long run as an independent company. Verizon is the No.1 wireless operator in the US. Salient Highlights Verizon will combine Yahoo with AOL which was bought by it two years ago to estab.....Read More

India ratifies Two Fundamental Global Conventions to combat Child Labour

Post Date : 15/06/2017

India has ratified two key global conventions for combating child labour as a step towards creating full respect for fundamental rights at work. Salient Highlights India has deposited the instruments of ratification of the two fundamental ILO Conventions with the International Labour Office (ILO). T.....Read More

RBI identifies 12 Bank Accounts accounting 25% of NPAs to initiate Bankruptcy Proceedings

Post Date : 15/06/2017

RBI’s Internal Advisory Committee (IAC) has identified 12 bank accounts constituting nearly 25% of the gross bad loans for immediate referral and resolution under the bankruptcy law. Each of the 12 identified accounts was having more than 5,000 crore rupees of outstanding loans, of which at least .....Read More

SEBI allows Options Trading in Commodity Futures

Post Date : 15/06/2017

SEBI has allowed options trading on futures contract of commodities.
However, the capital market regulator has allowed the commodity derivatives exchanges to initially launch options on futures of only one commodity. Salient Highlights SEBI has put in place strict eligibility criteria for the c.....Read More

Lewis Hamilton wins Canadian Grand Prix for Sixth Time

Post Date : 15/06/2017

Lewis Hamilton has won Canadian Grand Prix at the Circuit Gilles Villeneuve in Montreal, Canada. It is Hamilton’s sixth victory at the Canadian Grand Prix. Previously, he had won the titles in 2007, 2010, 2012, 2015 and 2016. It is also his third victory this season and the 56th of his career. The.....Read More

CSIR-SERC Develops Easy-to-Assemble Toilet

Post Date : 15/06/2017

CSIR-Structural Engineering Research Centre (SERC), Chennai, has come up with a cost-effective toilet. The toilet is expected to be set up in those areas where toilet coverage is not available.
The cost-effective toilet will weigh less than 500kg and will have a life span of 25-30 years. It can.....Read More

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