Daily Current Affairs Updates

The Union Finance Ministry has announced that the General Anti Avoidance Rule (GAAR) will be effective from the 1 April, 2017.

The Union Ministry of Youth Affairs and Sports has reconstituted TOP committee with objective of identifying and supporting potential medal prospects for 2020 and 2024 Olympic Games under Target Olympic Podium (TOP) scheme.

The Indian Space Research Organisation (ISRO) successfully tested indigenously developed cryogenic engine for the upper stage GSLV Mk III rocket.

President Pranab Mukherjee has appointed Dr Vijay Bhatkar, architect of Indias first supercomputer the Param series, as the chancellor of Nalanda University.

Researchers from The Scripps Research Institute (TSRI), US have created world first stable semi-synthetic organism, a single-celled bacterium with an expanded genetic code.

The Reserve Bank of India (RBI) has prohibited Indian entities from making direct investments in any entity located in Non-Cooperative Countries and Territories (NCCT) as identified by Financial Action Task Force (FATF).

Outdoor caged trials of genetically modified mosquitoes waere launched in Dawalwadi, Badnapur in Jalna district of Maharashtra to demonstrate the efficiency this technique to suppress wild female mosquito populations that transmit dengue, chikungunya and Zika.

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• India, UAE sign 14 agreements
• India, France sign pact on maritime information sharing in Indian Ocean Region
• India ranks 79 in Corruption Perception Index

India has signed a deal with United Arab Emirates (UAE), fifth biggest oil supplier as part of its quest for energy security and strategic reserve system.

Japan has successfully launched its first military communications satellite Kirameki-2 (kee-RAH-meh-kee 2) satellite.

India has been ranked 79th out of 176 countries in the recently released Corruption Perception Index (CPI) for the year 2016 by the Berlin-based corruption watchdog Transparency International (TI).