Daily Current Affairs Updates

The Bank of Japan will charge lenders that leave too much cash on idle deposit with it, introducing a negative interest rate policy for the first time as it seeks to shore up a stumbling economic recovery.

Sania Mirza and Martina Hingis were on crowned the Australian Open women̢۪s doubles champions after they tamed the spirited Czech duo of Andrea Hlavackova and Lucie Hradecka in straight sets for their 36th win in a row.

• List of first 20 smart cities under Smart Cities Mission.
• CCEA approves Hybrid Annuity Model for implementing Highway Projects.
• India test fires surface-to-air Akash missiles.

The Cabinet Committee on Economic Affairs (CCEA) has given it̢۪s principle approval for the Hybrid Annuity Model for implementing the National Highway Projects.

India and the Asian Development Bank (ADB) signed an $80 million loan agreement for improving the infrastructure in the two North-Eastern cities of Agartala and Aizawl.

India test fired its indigenously-developed surface-to-air Akash missile as part of a user trial from the Integrated Test Range (ITR) at Chandipur.

India̢۪s voting rights increase to 2.6 per cent from the current 2.3 per cent, and China̢۪s, to six per cent from 3.8, as per the new division.

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The Supreme Court recalled its December 16 order appointing controversial Justice Virendra Singh, a former judge of Allahabad High Court as Lokayukta of Uttar Pradesh, and named another retired judge as the new ombudsman.

The list of 20 smart cities out of the 98 shortlisted for the 'Smart Cities Mission' was released.These 20 cities will be the first to receive funds, thus kickstarting the process of developing them into 'smart cities'. The next two years will see the inclusion of 40 and 38 cities, respectively.

United States (US) based software services exporter Cognizant Technology Solutions (CTS) has acquired cloud-based computing firm KBACE Technologies.

• Get passport in a week by giving four documents.
• CERT-In inks cyber security agreements with 3 nations.
• Rajasthan Government inks MoU to join UDAY Scheme.