Daily Current Affairs Updates

• Cabinet approves conversion of MUDRA into SIDBI bank.
• Union Cabinet gives nod to MoU with Bangladesh for operation of traditional haats.
• Kerala adopts Lt. Col. Niranjan’s family.

The Union Cabinet has approved the Stand Up India Scheme to promote entrepreneurship among Scheduled Caste/Scheduled Tribes (SC/ST) and Women entrepreneurs.

The Kerala Cabinet decided to adopt the family of Lt. Col. E.K. Niranjan, the NSG commando who was killed in the Pathankot terror attack.

Taxi-hailing app Uber announced a new start-up mentorship programme in the country in partnership with Invest India called ‘uberEXCHANGE’.

Tata Trusts and leading global food manufacturer Mars Incorporated have entered into a Memorandum of Understanding (MoU) to work together to advance agriculture development, address malnutrition and improve food safety in India.

Netflix Inc. launched operations in India, with plans starting at Rs. 500 ($7.50) per month. The company will also offer two other plans priced at Rs. 650 rupees and Rs. 800 rupees.

The Union Cabinet has given its ex-post facto approval for signing a Memorandum of Understanding (MoU) between India and Singapore on cooperation in the field of civil aviation.

The Union Cabinet approved the closure of the iconic HMT Watches and offered a voluntary retirement scheme (VRS) to its employees as per the 2007 pay scales.

Bollywood superstar Aamir Khan, whose comments on perceived intolerance in the country had created a controversy, ceases to be the mascot for government’s ‘Incredible India’ campaign as the contract for it has expired.

Senior United Nations (UN) official Filippo Grandi from Italy has taken the charge as new UN High Commissioner for Refugees (UNHCR). He succeeds Antonio Guterres of Portugal who has retired after heading the Refugee Agency for one decade. He will have tenure of five years.

The Union cabinet has given its ex-post-facto approval to Memorandum of Understanding (MoU) with Bangladesh for Mode of Operation of Border haats on India-Bangladesh Border signed in 2010.

Indian shooter Apurvi Chandela broke the world record to gold in the women̢۪s 10 metre air rifle event at the Swedish Cup Grand Prix.