Daily Current Affairs Updates

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.

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.

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.

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.

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

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.

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.

Who is the author of the book titled Indira Gandhi: A Life in Nature?

“डीजीयात्रा” पहल किस मंत्रालय द्वारा शुरू की गई है?

• CRY Report: Uttar Pradesh ranks First in Number of Child Labourers
• DRDO Successfully Test-fires anti-tank Nag Missile
• RBI to release New batch of Rs 500 Currency Notes

Minister of Railways Suresh Prabhu has launched Mission Retro-Fitment to enhance the passenger experience by upgrading the existing fleet of coaches.

The Defence Research and Development Organisation (DRDO) has successfully test fired anti-tank ‘Nag’ missile in Rajasthan.