Current Affairs 15th June, 2017

National

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

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.....................Read More

Union Cabinet approves Proposal to introduce the Financial Resolution and Deposit Insurance Bill 2017

The Union Cabinet has approved the proposal to introduce a Financial Resolution and Deposit Insurance Bill, 2017 which will provide a comprehensive resolution framework for financial sector entities to deal with bankruptcy situation in banks, insurance companies, and other entities.....................Read More

International

India ratifies Two Fundamental Global Conventions to combat Child Labour

India has ratified two key global conventions for combating child labour as a step towards creating full respect for fundamental rights at work.....................Read More

Verizon Completes Yahoo Acquisition

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.....................Read More

Business and Appointment

SEBI allows Options Trading in Commodity Futures

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.....................Read More

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

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.....................Read More

IOC, BPCL, HPCL Sign Agreement to set World’s Largest Refinery

The Public Sector Oil Marketing Companies, Indian Oil, Bharat Petroleum and Hindustan Petroleum has have signed the joint venture agreement to jointly set up the world’s largest refinery and petrochemical complex in Ratnagiri district of Maharashtra.....................Read More

New Appointments

Neeru Chadha becomes First Indian Women to be elected to International Tribunal for the Law of the Seas

Law expert Neeru Chadha has been elected to the International Tribunal for the Law of the Seas (ITLOS) ....................Read More

Special Days

14 June: World Blood Donor day

The World Blood Donor Day is being observed across the world on 14 June to raise the public awareness about the need for safe blood donation......................Read More

Current Affairs 14th June, 2017
Current Affairs One Liners 12 June, 2017
Current Affairs Round Up Bullet Points, May, 2017

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