Top Current Affairs of the day: 07 June 2019

Last Updated: June 7, 2019

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  • Jay-Z is officially 1st hip-hop billionaire - Forbes Report

    June 7, 2019
    According to Forbes Report, Rapper Jay-Z hip-hop artist to become a billionaire  The Forbes magazine in an article published opens by recalling a 2010 meeting between the rapper and billionaire Warren Buffett From which the octogenarian came away. The magazine surveyed Jay-Z's empire spans music, a streaming service, liquor, art real estate and stakes in other companies and determines that it conservatively totals $1 billion. His own brand is Rocawear clothing line D'Usse, a... Read More

    P Jayadevan appointed as IOCL executive director for TN, Pondy

    June 7, 2019
    P Jayadevan appointed as executive director of IndianOil Corporation Ltd for Tamil Nadu and Puducherry with immediate effect. He succeeds R Sitharthan He will function as the coordinator for the oil industry in the state and also in the union territory. He will head as the chairman's secretariat at the corporate office, New Delhi. He has over three decades of experience primarily in LPG, operations, engineering and sales.
    He holds a master's degree in petroleum management from... Read More

    India-Marshall Islands tax data pact notified

    June 7, 2019
    The union government notified an agreement with the Marshall Islands a country of volcanic islands and coral atolls in the Pacific Ocean, for the exchange of banking and company information for tax purposes.
    It comes under tax evasion and tax avoidance. It is called as tax information exchange agreement (TIEA) They allow mutual cooperation between the two countries by providing an effective framework for exchange of information in tax matters. The agreement (India-Marshall Islands TIEA)... Read More
    Category: Indian Affairs

    Taiwan proposed deal to buy tanks from the US

    June 7, 2019
    Taiwan plans to propose a deal to buy tanks and portable missiles from the U.S. This proposal by Taiwan drew an angry rebuke from China. Taiwan’s Defence Ministry requested the US for 108 M1A2 Abrams main battle tanks, more than 1,500 Javelin and TOW anti-tank missiles, and 250 shoulder-fired Stinger anti-aircraft missiles in the proposal formally. The U.S. government, on the other hand, has given Congress informal notification of its plan to sell the equipment in a deal worth $2... Read More
    Category: International

    Viswanathan Anand lost to Magnus Carlsen in Armageddon

    June 7, 2019
    Viswanathan Anand defeated against world champion Magnus Carlsen of Norway in the Armageddon game at the Altibox Norway Chess Tournament.
    Finally some finely disguised maneuvers in the Armageddon game where the Indian played another black. For the first time, Armageddon rule was invented for a super tournament Carlsen, Aronian, Mamedyarov, Liren, and Yangyi have 1.5 points apiece and enjoy a full point lead over the other five contestants. Chinese Ding Liren first to score a brilliant... Read More

    Delhi Metro Station becomes India's first project to receive power from waste-to-energy

    June 7, 2019
    Delhi Metro became the first ever project in the country to receive power generated from a waste-to-energy plant. The Delhi Metro Rail Corporation (DMRC) receiving 2 MW power from a 12 MW capacity waste-to-energy plant set up in Ghazipur. It is being utilized at the Vinod Nagar Receiving Substation (RSS) for meeting the operational requirements of Pink Line of Delhi Metro. It will take approximately 17.5 million units per annum from this plant.
    The energy mainly depends upon the actual... Read More
    Category: Indian Affairs

    Ashok Leyland ties up with Suryoday Small Finance Bank for vehicle loans

    June 7, 2019
    Ashok Leyland partnered with Suryoday Small Finance Bank for vehicle loans. The two partners have signed an initial agreement to enter a strategic financing partnership for three years Under the agreement, the bank will provide end-to-end financial solutions to Ashok Leyland's customers for auto loans across India. Suryoday Small Finance Bank will benefit its customers with financial products and with a hassle-free experience. About Suryoday Small Finance Bank Chairperson: Dr. Mrs.... Read More
    Category: Business & Economy

    Gujarat topped the country with annual fish production of 7.8 lakh tonnes

    June 7, 2019
    Gujarat topped the country with annual fish production of 7.8 lakh tonnes, followed by Tamil Nadu (7.02 lakh tonnes) and Kerala (6.43 lakh tonnes) according to the Central Marine Fisheries Research Institute (CMFRI). Tamil Nadu: Kanniyakumari topped in the Tamil Nadu state annual fish production. Ramanathapuram has emerged as the second topper in the Tamil Nadu state in annual fish production. It has recorded 1.46 lakh tonnes during 2018.
    Nagapattinam stands third highest fish... Read More
    Category: Indian Affairs

    Bihar government has announced to waive off 50% of the total taxes levied on e rickshawas

    June 7, 2019
    The Bihar State government has announced to waive off 50% of the total taxes levied on the purchase and running of battery-propelled e-rickshawas. The announcement was made by the deputy chief minister of state Sushil Kumar Modi.
    Aim: The move is to combat air pollution.
    3 cities of Bihar namely Patna, Gaya and Muzaffarpur are placed among the most 20 polluted cities of the world in a report by the World Health Organization (WHO). Seven departments of the state government have... Read More
    Category: Environment

    Rajnath Singh to chair the Committee on Parliamentary Affairs

    June 7, 2019
    Defence Minister Rajnath Singh is to chair the Cabinet Committee on Parliamentary Affairs in the second term of the NDA government. Decisions on all the parliament matters will be taken by the Cabinet Committee on Parliamentary Affairs. He was made a member of Cabinet Committee on Security and Cabinet Committee on Employment and Skill Development.
    He is also a part of the Cabinet Committee on Political Affairs, the all-important panel on political affairs which is headed by Prime Minister... Read More

    Mumbai ranked first among 403 global cities in Traffic Index 2018 study

    June 7, 2019
    An analysis of traffic congestion done in more than 400 cities across six continents has found that commuters in Mumbai spent the most time on the road last year. Mumbai ranked first in the study, ‘Traffic Index-2018’, by location technology specialist TomTom, with a congestion level of 65 percent New Delhi ranked fourth with a congestion level of 58 percent.
    Mumbai held on to the top rank for the second consecutive year beating against Bogota (63 percent), Lima (58... Read More
    Category: Indian Affairs

    Muhammad Bande has been elected as the next President of the 74th session UN General Assembly

    June 7, 2019
    Nigeria’s Ambassador to the UN Tijjani Muhammad-Bande, elected as the next President of the 74th session UN General Assembly. He will succeed Maria Fernanda Espinosa. The next General Assembly session will commence in September 2019. Elected as per the rule: UNGA rule states that the President of the 74th session of the General Assembly should be elected from among the African States. In accordance with the rule, Muhammad-Bande has been elected. He assumes charge as UNGA prepares to... Read More

    Health Minister Dr Harsh Vardhan reviews status of Nipah Virus disease in New Delhi

    June 7, 2019
    Union Health and Family Welfare Minister Dr. Harsh Vardhan reviewed the status of Nipah Virus disease in New Delhi. A total of 316 contacts are being followed up on a daily basis. One positive case admitted in Ernakulam is now conscious and having a mild fever and six symptomatic contacts have been admitted in the quarantine facility at the Medical College and all the samples were found to be negative.
    A Sample from one symptomatic contact sent to NIV Lab. Strategic Health Operation... Read More
    Category: Indian Affairs

    India ranks 95 in theSustainable Development Goals Gender Index

    June 7, 2019
    India ranked 95th out of 129 countries in the Sustainable Development Goals Gender Index. India scored 56.2 on a scale of 0–100. The index found that no country has fully achieved gender equality and that the global average score of 65.7 out of 100 which falls in the poor category.
    Parameters: SDG Gender Index a new index that measures global gender equality considering various parameters such as education, literacy, political representation, poverty, health, and... Read More
    Category: Index / List

    India Test Fires Brahmos Supersonic Cruise Missile From Chandipur in Odisha

    June 7, 2019
    Supersonic cruise missile BrahMos was test fired from the Integrated Test Range (ITR) at Chandipur in Odisha. Anti-ship version of the missile launched by complex-3 of the ITR, Defence Research and Development (DRDO) sources. World’s fastest supersonic cruise missile with high rate of accuracy Missile is fired from land, sea and air.
    The missile with a strike range of around 290 km is a strategic asset for India which act as a deterrence against any possible threats from China and... Read More

    RBI reduces interest rates by 25 basis points to 5.75 percent

    June 7, 2019
    The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) reduced interest rates by 25 basis points to 5.75% with immediate effect amid slowing economic growth and rising global uncertainty, for the 3rd time in a row.
    RBI Governor Shaktikanta Das announced it in the second bi-monthly monetary policy statement for 2019-20.
     The last time the RBI had to cut rates three times in a row was in 2013.
    Repo rate reduction: The reduction is expected to: provide... Read More
    Category: Banking & Finance



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