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Top Current Affairs of the day: 06 July 2017

Last Updated: July 6, 2017

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  • Employment Provident Fund Organisation EPFO signs agreement with Five Banks

    861 days ago
    The Employees’ Provident Fund Organisation (EPFO) inked an agreement with four private banks and Bank of Baroda for the purpose of collection of provident fund dues from the employees and payments to its subscribers. EPFO joined with the private banks, namely, ICICI Bank, HDFC Bank, Axis Bank and Kotak Mahindra Bank. The Employee Provident Fund (EPF) is a retirement benefit applies only to salaried employees.

    N Chandrasekaran appointed as Chairman of Tata Global Beverages Limited

    861 days ago
    Tata Global Beverages Limited appointed Natarajan Chandrasekaran as the Chairman of its board. He will succeed Harish Bhat. The Board has also appointed Siraj Azmat Chaudhry as Non-Executive Independent Director.
    Category: Indian Affairs

    Fifth Meeting of BRICS Education Ministers held in China

    861 days ago
    The Meeting of BRICS Ministers of Education was held in Beijing, China. The Indian delegation was led by Shri Prakash Javadekar, Minister of Human Resource Development, India. The National Institutional Ranking Framework (NIRF), SWAYAM platform which has already hosted over 480 courses online, research initiative IMPRINT and Smart India Hackathon.

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    Pradeep Kumar Rawat appointed as the next Ambassador of India to Indonesia

    861 days ago
    Pradeep Kumar Rawat has presently a Joint Secretary in the Ministry of External Affairs (MEA) appointed as the next Ambassador of India to Indonesia. Rawat, an Indian ForeignService (IFS) officer of the 1990 batch, is expected to take up his assignment.

    Arunachal Pradesh celebrates Dree festival with traditional ethics

    861 days ago
    The Dree Festival of Arunachal Pradesh is an agricultural festival celebrated with the traditional pomp & gaiety. It is the biggest festival of the Apatanis and celebrated with zest marked by sacrificial offerings and prayers. The festival is marked by grand ritual and community feasts served with delicious rice/millet beer.

    Axis Bank launches super bikes loans to fund largest loan amount

    861 days ago
    Axis Bank introduced a special Superbike loans for the bike. The loans which are for Bikes with an engine displacement of over 500 cubic centimeters(cc) will come at a price tag of 10-11% per annum. These bikes come with a price tag between Rs 5 to Rs 50 lakhs.
    Category: Indian Affairs

    Yes Bank signs new agreement with Santander in United Kingdom

    861 days ago
    Yes Bank signed a Memorandum of Understanding (MoU) in London with Santander to promote India-UK trade and business opportunities. The deal is aimed at Santander UK, a wholly-owned subsidiary of the Spanish Santander Group, offering its clients in Britain access to banking facilities and on-the- ground support through Yes Bank network across India. Yes Bank is planning to build expertise as a “preferred host country bank” for multinational corporations.
    Category: Indian Affairs

    China backed AIIB approves USD million loan for Gujarat rural roads

    861 days ago
    China-led Asian Infrastructure Investment Bank (AIIB) board approved 329 million loans to build access roads to 4,000 villages in Gujarat. The project will also better integrate rural population, tribal villages, business, and industries with the national and state economy through better transport connectivity. AIIB is a multilateral development bank which commenced its operation in January 2016 and has now grown to 80 approved members from around the world.
    Category: Indian Affairs

    Union Ministry of Commerce Industry inaugurated th Session of the India Jordan Trade and Economic Joint Committee

    861 days ago
    The 10TH India-Jordan Trade and Economic Joint Committee (TEJC) Meeting was held in New Delhi under the co-chairs of Smt. Nirmala Sitharaman, Minister of State (Independent Charge) for Commerce and Industry, Government of India, and H.E Eng. Mr. Yarub Qudah, Minister of Industry, Trade and Supply, the Government of the Hashemite Kingdom of Jordan. The roadmap for cooperation in various fields such as Fertilizer Sector, Customs, Double Taxation Avoidance Agreement, Visa and Consular issues,... Read More
    Category: Indian Affairs

    Pankaj Advani led Indian team beat Pakistan to won Asian Snooker Championship

    861 days ago
    India’s leading cueist Pankaj Advani teamed up with Laxman Rawat to demolish Pakistan in the final of the Asian Team Snooker Championship in Bishkek, Kyrgyzstan. He won the second Asian title this season and 8th overall title. He is the only player not to lose a single individual match in the team event.

    Environment Minister launches Plantation drive to mark Van Mahotsav

    861 days ago
    Environment Minister Dr. Harsh Vardhan launched a month-long plantation drive to Mark Van Mahotsav. Van Mahotsav (Festival of Trees) is an annual tree-planting movement in India. The plantation drive was organized at Ram Lila Park, C. C Colony and Model Town in Delhi.
    Category: Schemes

    Supreme Court asks Government to formalise Election Commissioners appointment through Law

    861 days ago
    The Supreme Court asked the Union government to formalize appointment of Election Commissioners through law. According to the Supreme Court, at present due to lack of a parliamentary law, there is no transparency in the eligibility criteria of Election Commissioner. The Chief Election Commissioner holds office for a term of 6 years.
    Category: Indian Affairs

    Union Government launches e bidding portal for domestic coal based IPPs

    861 days ago
    Union Power Minister Piyush Goyal launched a portal for optimum utilization of domestic coal by independent power producer (IPP). The web portal would save the consumer close to Rs. 20,000 crore five years down the line. They cost by 10 paise per unit by rationalizing coal supply made possible through the e-bid portal.
    Category: Schemes

    India and Israel sign agreements

    861 days ago
    India and Israel signed 7 agreements on areas including space, Technology, and Agriculture during the visit of Prime Minister Narendra Modi to Israel. The seven Memorandum of Understanding (MoU) are MoU for setting up of India-Israel Industrial R&D & Technological Innovation Fund (I4F) MoU for the conservation of water in India MoU on State Water Utility Reform in India India-Israel Development Cooperation- 3-year work program in Agriculture (2018-2020) Plan of cooperation... Read More
    Category: Indian Affairs



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