Daily Current Affairs Updates

• Rail regulator to set fares, ensure fair competition.
• India-Nepal friendship bus service resumes after gap of 27 years.
• Laxman’s 281 against Aus voted the best Test knock in last 50 years.

The Union government has come out with a concept paper proposing to set up a rail regulator for fixing fares and ensuring level-playing field for private investments in railway infrastructure.

India̢۪s third largest IT exporter Wipro Limited announced the appointment of Abid Ali Z. Neemuchwala as the Chief Executive Officer and Member of the Board of the company.

Reserve Bank has imposed a penalty of Rs. 1 crore on an SBI associate bank, State Bank of Travancore, for violation of some of its instructions.

A friendship bus service between India and Nepal was flagged off via Champawat district in Uttarakhand after a gap of 27 years.

V.V.S. Laxman̢۪s masterly innings of 281 against Australia at the Eden Gardens in Kolkata has been rated as the greatest Test performance of the last 50 years.

India̢۪s e-commerce market is likely to touch $38-billion-mark in 2016, a 67 per cent jump over the $23 billion revenue it clocked last year, according to the Associated Chambers of Commerce and Industry (Assocham).

Former defence secretary R.K. Mathur was sworn in as the eighth Chief Information Commissioner (CIC) by President Pranab Mukherjee at a ceremony at Rashtrapati Bhavan in Delhi.

With a strong recommendation to lawmakers to legalise betting in cricket for all except cricket players, officials and administrators, the Supreme Court-appointed Justice R.M. Lodha Committee report said that government servants and ministers should be banned from holding posts in the BCCI.

• India won 2015 SAFF football championships
• President Pranab Mukherjee gives assent to 5 key bills.
• Veteran CPI leader AB Bardhan passes away.

India has won the 2015 South Asian Football Federation (SAFF) championship for record seventh time. In the final match played at Thiruvanantapuram (Kerala), India defeated defending champion Afghanistan by 2-1 goal score.

Presdent Pranab Mukherjee has given assent to five key bills as per the provisions of Article 111 of the Constitution of India.