Top Current Affairs of the day: 06 April 2017

Last Updated: April 6, 2017

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  • Tencent Passes Wells Fargo to Become th Biggest Company

    April 6, 2017
    Tencent Holdings Ltd., a Chinese Internet titan best known for its WeChat messaging service and gaming, has overtaken Wells Fargo Inc. by market value, joining the likes of Apple Inc. and Alphabet Inc. in the ranks of the world’s biggest publicly traded companies. The world's biggest public companies:- 1. Apple 2. Alphabet 3. Microsoft 4. Amazon 5. Berkshire Hathaway 6. Facebook 7. Exxon Mobil 8. Johnson & Johnson 9. JPMorgan 10. Tencent 11. Wells Fargo

    Union Cabinet approves Air Services Agreement between India and Georgia

    April 6, 2017
    The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved the signing of the Air Services Agreement (ASA) between India and Georgia. The Agreement between the two countries is based on latest International Civil Aviation Organization (ICAO) template keeping in view of developments in Civil Aviation sector and with an objective to improve the air connectivity between the two countries. ASA is the basic legal framework for any air operation between the two... Read More

    Raman Roy is new NASSCOM chairman for

    April 6, 2017
    The National Association of Software and Services Companies (NASSCOM) said Raman Roy has been appointed as its chairman for 2017-2018. Roy, Chairman and Managing Director of Quatrro, has been a member of Nasscom’s Executive Council and was the vice-chairman for 2016-17. Nasscom also announced the appointment of Rishad Premji, Chief Strategy Officer and Member of the Board, Wipro Limited, as the Vice Chairman of Nasscom for 2017-18. Roy takes over from CP Gurnani, CEO of Tech... Read More

    SASEC Finance Ministers meeting in New Delhi

    April 6, 2017
    Union Finance Minister Arun Jaitley chaired the South Asia Subregional Economic Cooperation (SASEC) Finance Ministers meeting in New Delhi. It was attended by the seven Finance Ministers from Bangladesh, Bhutan, India, Maldives, Myanmar, Nepal and Sri Lanka and the Asian Development Bank as a supporting SASEC in this endeavor.
    Myanmar has joined the SASEC program as its seventh member. A SASEC vision document was launched on the occasion.
    SASEC vision:- 'We ring Asia in... Read More
    Category: Indian Affairs

    China plans to build new city nearly three times the size of New York

    April 6, 2017
    China has announced plans to build a new city,  Xiongan New Area, a special economic zone, in Hebei province to decongest its capital Beijing, similar to those established in Shenzhen and Shanghai.
    The city will cover an area nearly three times that of the US city of New York. The New Area, about 100 km southwest of downtown Beijing, will span three counties that sit at the center of the triangular area formed by Beijing, Tianjin and Hebei`s provincial capital Shijiazhuang. It... Read More

    Amazon India launched Classroom for new sellers

    April 6, 2017
    To make on-boarding easy for new sellers, E-commerce major Amazon India has launched an initiative called 'Amazon Classroom', a virtual training programme to help teach them the nuances of online selling. The program focusses on areas such as order processing, adding products and managing returns that are required to operate a successful online business. Amazon is USA based company. Director and GM, Seller Services, Amazon India :- Gopal Pillai CEO of Amazon :- Jeff Bezos.
    Category: Business & Economy

    Union Minister Nitin Gadkari announces Rs Crore Expressway Project In Northeast

    April 6, 2017
    The first express highway project in the northeast region will be developed along the Brahmaputra river in Assam at an estimated investment of Rs. 40,000 crore, Union Road Minister Nitin Gadkari announced. This is 1,300 km-long express highway. The agreement was signed between the Assam government, the National Highways Authority of India (NHAI) and the Inland Waterways of India.
    Category: Schemes

    Government Officially Launches BS IV Grade Fuel Across India after BS III ban

    April 6, 2017
    Following the Supreme Court's ruling to ban the sale of BS-III compliant vehicles in the country, the Government of India has now launched Bharat stage (BS) -IV grade fuel across the nation. Dharmendra Pradhan, Minister of State (I/C) for Petroleum and Natural Gas, formally launched BS-IV grade transportation fuels from Bhubaneswar, Odisha on 1st of April 2017. Aim of Bharat stage (BS) -IV :- It sets target of ushering in BS-VI fuel by April 2020 by skipping BS-V fuel. All state-run oil... Read More
    Category: Schemes

    Jhargram as Bengal s nd district

    April 6, 2017
    West Bengal Chief Minister Mamata Banerjee declared Jhargram as the 22nd district of West Bengal, fulfilling a longstanding demand of its residents. A Rs 200 crore budget has been sanctioned for Jhargram’s development. Building a new stadium at Nayagram and renovating the Jhargram stadium are part of government’s agenda. Jhargram has been formed by bifurcating West Midnapore, which has a population of more than 11.37 lakh. The district has one mahakuma, eight blocks, one... Read More
    Category: Places

    New York s Eleven Madison Park named world s best restaurant of

    April 6, 2017
    Contemporary New York eatery Eleven Madison Park was crowned the world's best restaurant of 2017 at a glitzy ceremony in Melbourne. Run by Swiss-born chef Daniel Humm, the Manhattan institution came out on top at the World's 50 Best Restaurants awards, widely seen as the Oscars of the food world. Spain's El Celler De Can Roca was third. The top 10 was rounded out by restaurants in France, Peru, Thailand, Austria and Spain. France, Spain and the United States each had six... Read More

    RBI appoints Smt Malvika Sinha as New Executive Director

    April 6, 2017
    The Reserve Bank of India has appointed Smt. Malvika Sinha as Executive Director (ED). As Executive Director Smt. Sinha will look after Foreign Exchange Department, Department of Government and Bank Accounts and Internal Debt Management Department. Smt. Malvika Sinha holds a Masters Degree from University of Bombay and has done her Masters in Public Administration. She is also a Certificated Associate of Indian Institute of Bankers. Smt. Sinha joined Reserve Bank in 1982 and as a career... Read More

    RBI keeps repo rate unchanged at for first half of

    April 6, 2017
    The monetary policy committee (MPC) headed by RBI governor Urjit Patel left the policy lending rate unchanged at 6.25%. But RBI hiked the borrowing rate or reverse repo to 6% from 5.25% to suck out extra cash. Simply put, this means that RBI will pay a higher interest to banks for parking money with the central bank. For retail customers, this would not have any impact on their borrowings from banks. But it would mean banks would park a larger amount of money with RBI than use it for... Read More
    Category: Indian Affairs



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