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Top Current Affairs of the day: 07 February 2019

Last Updated: February 7, 2019

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  • NCLT orders Reid and Taylor liquidation

    February 7, 2019
    The Mumbai bench of the National Company Law Tribunal (NCLT) ordered the liquidation of the bankrupt Reid & Taylor following the bidder’s failure to meet eligibility criteria. However, it asked the Resolution Professional (RP) to ensure that the brand is sold as a going concern and protect the interest of the workers. However, Reid & Taylor Employees Association has decided to challenge the liquidation order at the appellate tribunal NCLAT.
    The move came after the... Read More


    CLTA signed deal with CAM

    February 7, 2019
    The Chandigarh Lawn Tennis Association (CLTA) signed a deal with Club Atletico Montemar (CAM), Spain, for a five-year period, to ensure a high standard of training for its trainees.
    The protocol, signed by CLTA president Jai Singh Gill and the Founder-Director of CAM, Joaquin Perez Roman, at the CLTA Complex, would help the trainees get two weeks of training every season from the visiting experts.
    The coach and trainer who visit the CLTA from Spain will try to upgrade training... Read More
    Category: Indian Affairs


    PM Modi may lay foundation stone for Patna Metro: in March

    February 7, 2019
    The foundation stone for the Patna Metro Rail project is to be laid down in March by Prime Minister Narendra Modi. Bihar Urban Development minister, Suresh Sharma said there was an in-principle agreement to get the foundation stone laid here by Modi at the NDAs rally on March 3.
    The Detailed Project Report for Patna Metro Rail was cleared by the State Cabinet in October 2018. Respective state unit chiefs of the JD(U), the BJP and the LJP the three constituents of the NDA in Bihar had... Read More
    Category: Indian Affairs

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    Saudi plans to launch its first satellite for communications

    February 7, 2019
    Saudi Arabia announced the launch of its first satellite for communications from the French Guiana Space Centre. Khaled bin Abdulaziz Al-Falih, minister of Energy, Industry and Mineral Resources, said the launch aims at localizing strategic technologies and enabling Saudi young people to work with state-of-the-art technologies in the field of satellite development and manufacturing.
    The satellite and will offer multiple applications including broadband telecommunications and secure... Read More


    Cabinet to set up unified regulator for IFSCs

    February 7, 2019
    The Cabinet has approved the setting up of a unified authority that would regulate all the financial services in International Financial Services Centres (IFSC).
    This is to be done through the International Financial Services Centres Authority Bill, 2019. Aim is to encourage the Indian companies that are conducting business in foreign financial centres, to bring that business to India by providing them with a global-standard regulatory.
    Currently, the banking, capital markets and... Read More


    PM JAY App has been launched on Google play store

    February 7, 2019
    Pradhan Mantri Jan Arogya Yojana (PM-JAY) App has been launched on Google play store.
    Ayushman Bharat Yojana or Pradhan Mantri Jan Arogya Yojana (PM-JAY) is a centrally sponsored scheme.
    The scheme was launched in the year 2018 under the Ayushman Bharat Mission of MoHFW in the country. This scheme aims at making interventions in primary, secondary and tertiary care systems, covering both preventive and promotive health, to address healthcare holistically.
    Moving ahead to... Read More


    RBI imposed Rs.1 crore penalty on Syndicate Bank

    February 7, 2019
    The Reserve Bank of India imposed a penalty of Rs.1 crore on Syndicate Bank due to non-compliance with the directions regarding frauds and risk management systems.
    RBI also imposed fine of Rs.20 lakh on Axis Bank for violating norms. Syndicate Bank: ♦ Founded in: 1925 ♦ Headquarters: Udupi, Karnataka ♦ Non-Exe Chairman: Ajay Vipin Nanavati ♦ MD & CEO: Mrutyunjay Mahapatra  ♦ Syndicate bank is owned by the Government of India
    Category: Banking & Finance


    Air India CMD Pradeep Singh Kharola appointed Civil Aviation secretary

    February 7, 2019
    Air India chief Pradeep Singh Kharola appointed as Civil Aviation secretary. He will succeed Rajiv Nayan Choubey who retired on January 31, 2019, after the resignation he took over as a member in the Union Public Service Commission (UPSC).


    Sanjiv Ranjan appointed as the Ambassador of India to the Republic of Colombia

    February 7, 2019
    Ministry of External Affairs appointed Sanjiv Ranjan as the Ambassador of India to the Republic of Colombia. Presently he is the Ambassador of India to Argentina.
    Ranjan who is a 1993 batch Indian Foreign Service officer Ministry of External Affairs: Formed: September 1946 Headquarters: Raisina Hill, New Delhi Minister: Sushma Swaraj The Ministry is responsible for the conduct of foreign relations of India Colombia: Capital: Bogota Official languages: Spanish President: Ivan... Read More


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    RBI is not likely to transfer the withheld contigency reserves to Centre

    February 7, 2019
    The government has requested the Reserve Bank of India (RBI) for providing an interim surplus for the financial year 2018-19 on the analogy of previous financial year and transfer of the amount withheld from the surplus of 2016-17 and 2017-18.
    The RBI is unlikely to give in to the government’s demand for transferring funds that were set aside for contingency reserves in 2016-17 and 2017-18.
    A total of Rs.27,330 crore was set aside by the RBI for the contingency fund. Rs.13,140... Read More


    SBI UK chief honoured Freedom of the City of London

    February 7, 2019
    State Bank of India’s UK chief Shri Sanjiv Chadha honoured with the ‘Freedom of the City Of London’ by city of London Corporation. Sanjiv Chadha was nominated for the honour by Lord Mayor of London Peter Estlin and Sheriff Vincent Keaveny. Sanjiv Chadha took up the position in 2014 and he will be succeeded by Sharad Chandak. The genesis of the ‘Freedom of the City of London’ is traced to the medieval time of around 123. About State Bank of India ♦... Read More
    Category: Banking & Finance


    Boeing 747-200 Air Indias first ever Flight Simulator was exhibited in Nehru Science Centre, Mumbai

    February 7, 2019
    Air India’s First ever Flight Simulator knew as ‘Boeing 747-200’ was exhibited in Nehru Science Centre, Mumbai. The Simulator was acquired by Air India in 1980, which is designed and manufactured by the CAE(Canadian Aviation Electronics), Canada. The 21 years serviced Simulator is donated with a purpose to create awareness about the significance in the field of aviation among the public in general and students in particular.
    Category: Indian Affairs


    Darwaza Band Part 2 campaign launched by Swachh Bharat Mission Gramin

    February 7, 2019
    Shri Babanrao Lonikar Maharashtra’s Minister for Water Supply and Sanitation and Shri Parameswaran Iyer Secretary, Ministry of Drinking Water and Sanitation were also present. The World Bank supported the Darwaza Band -Part 2. Three “Darwaza Band Part 2” films were launched by Amitabh Bachchan and dedicated re-adaptation of a poem of his father late Harivansh Rai Bachchan to the Swachh Bharat Mission “Swachh Tann, Swachh Mann, Swachh Bharat, Mera Parichay” Over... Read More
    Category: Schemes


    Union Minister Smriti Irani launches India Size project in Mumbai

    February 7, 2019
    Union Minister of Textiles Smriti Irani launched the India Size project in Mumbai.   A first-of-its-kind project in the history of the country, India Size aims to arrive at a standard Indian Size for the ready-to-wear clothing industry, on the lines of the standardized sizes available in countries such as the USA and the UK. India size project will benefit manufacturers, consumers and generate data which will help tap into the potential of the sector. The Minister also launched a Study... Read More
    Category: Indian Affairs


    AYUSH Minister inaugurated Conference of State AYUSH Ministers in New Delhi

    February 7, 2019
    The Ministry of AYUSH organized Second Conference of State AYUSH and Health Ministers conference in New Delhi. It was inaugurated by the Minister of State for AYUSH (Independent Charge) and Health & Family Welfare Shripad Yesso Naik. About the Conference The programme is inaugurated to discuss about National AYUSH Mission (MAM), Integration of AYUSH services in Ayushman  Bharat, Medicinal Plants, Ayurveda, Siddha, Unani and Homeopathy educational Institutes, Quality Control of... Read More




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