Top Current Affairs of the day: 25 November 2016

Last Updated: November 25, 2016

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Top Current Affairs of the day: 25 November 2016
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  • Union Government imposes safeguard duty on certain steel imports

    November 25, 2016
    The Union Government has imposed safeguard duty on import of certain steel products to protect domestic manufacturers from cheap in-bound shipments. It was imposed by the Revenue Department on steel products like hot rolled flat sheets and plates of alloy (excluding hot rolled flat products in coil form) or non-alloy steel. The effective duty rate will be calculated after deducting value of goods and the anti-dumping duty payable when import price is below $504 per tonne. The duty arrived at... Read More

    International Day for the Elimination of Violence against Women observed across the world

    November 25, 2016
    The 2016 International Day for the Elimination of Violence against Women was observed across the world on 25 November 2016. The theme for the day is “Orange the World - raise funds to end violence against women”. The colour orange in the theme symbolizes a better future without the pervasive human rights violation that affects 1 in 3 women and girls all over the globe. The International Day for the Elimination of Violence against Women is observed to raise awareness about violence... Read More
    Category: Important Days

    year old city discovered in Egypt

    November 25, 2016
    Egypt recently uncovered a lost city, more than 7000 years old dating right back to its first dynasty in the southern province of Sohag.
    The site was unearthed during an archaeological mission initiated by the country’s government. It lies 250 miles south of Cairo, about 400 meters away from the temple of Seti I, one of the most famous religious sites in the region named after one of the least known pharaohs of the New Kingdom period of Ancient Egypt. The discovery includes huts,... Read More
    Category: Places

    Union Government announces major changes in the demonetisation plan

    November 25, 2016
    The Union Government has announced major changes in the demonetisation plan after due consideration of all relevant aspects. The decisions were taken keeping in mind the operational aspects of the Scheme relating to cancellation of legal tender of Rs 500 and Rs 1000 notes. Highlights of the announcement : With effect from 25 November 2016, the old currency notes of Rs 500 and Rs 1000 notes will no longer be exchanged at the bank counters. This will encourage people who are still unbanked, to... Read More
    Category: Indian Affairs

    Colombian Government and FARC rebels sign revised Peace Agreement

    November 25, 2016
    Juan Manuel Santos, President of Colombia, and Rodrigo Londono, the leader of the Revolutionary Armed Forces of Colombia (FARC), signed a new peace agreement on 24 November 2016. The revised agreement will be submitted to Colombian Congress for approval. It will not be put to a country-wide vote, and would also not form a part of the Colombia’s constitution. It is Colombian Government’s second attempt to end Latin America’s longest-running conflict, which has killed around... Read More

    Manoj Bajpayee wins th Asia Pacific Screen Award in Best Actor Category

    November 25, 2016
    Bollywood actor Manoj Bajpayee won the Best Actor Award at the 10th Asia Pacific Screen Awards, beating Nawazuddin Siddiqui who was awarded a special mention in the same category. Manoj won the Best Performance award for his role as Professor Siras in "Aligarh", a powerful and personal drama based on true events.
    While, Nawazuddin received a Special Mention in the Best Performance category for his role in Anurag Kashyap's "Raman Raghav 2.0". The winners in the... Read More
    Category: Awards and Honours

    NASA develops Snack Bars for breakfast in Deep Space Missions

    November 25, 2016
    NASA food scientists have developed snack bars, a healthier and convenient alternative to the regular breakfast that astronauts carry with them into space.
    The bars have been specifically created in order to reduce weight overboard the Orion Space Capsule- the first manned NASA flight- expected to launch post-2021. The bars have been tested for flavour, texture, and long-term use. They are being looked at as the best possible meal replacement.   The main reason behind the move is... Read More

    N V Srinivasan new Indo American Chamber of Commerce President

    November 25, 2016
    Trade body Indo-American Chamber of Commerce today said N V Srinivasan, NVS and Associates Managing Partner, has been appointed as its National President for the period 2016-17.
    Srinivasan was elected by the committee of the Chamber during the meeting held in Mumbai recently. Bhasin and Company Managing Partner Lalit Bhasin and entrepreneur Vasant Subramanyan were elected as Executive Vice-Presidents respectively.
    Category: International

    Talcher Thermal Power Station Generates highest electricity in single day

    November 25, 2016
    Talcher Thermal Power Station of NTPC on November 23, 2016 generated 11.496 Million Units of electricity at 104.13% capacity utilization which is the highest single day generation among all power stations. The station had topped the national ranking for Highest Capacity Utilization among all power stations of the country during 2015-16. The power station has an installed capacity of 460 MW, four units of 60 MW and two units of 110 MW each. First 60 MW unit of the station was set up on 7th... Read More
    Category: International

    YES Bank Gujarat Roadways join hands to digitise bus travel payments

    November 25, 2016
    YES Bank, the fifth largest private sector bank, on Thursday announced a partnership with Gujarat State Road Transport Corporation (GSRTC) to digitise payment of bus tickets for its customers. For this the bank will install over 125 points of sale (PoS) terminals to facilitate booking through credit and debit cards at all GSRTC bus depots. The bank is already live with 50 terminals and will set up the remaining in the next couple of weeks as part of the first phase of implementation. The... Read More

    banks join mobile based national funds transfer system

    November 25, 2016
    As many as 30 PSBs, private and foreign banks have joined the NPCI's Unified Payments Interface (UPI), a system that allows money transfer between any two bank accounts by using a mobile phone.
    The UPI system has already started pilot projects for funds transfer and customers of these 30 banks can download the app from Google Play Store on their Android phones.
    The UPI app enables customers to make online as well as offline payment to merchants from their bank accounts, without... Read More
    Category: Banking & Finance

    Wangala harvest festival celebrated in Meghalaya

    November 25, 2016
    Garo tribals People of Meghalaya celebrated the harvest festival of Wangala to marks the end of a period of toil for farmers wanting a good output from their fields. On the first day of the festival, the people offer their agriculture produce to the Sun God, while on the second day or Kakkat, they will dance Wangala Dance This festival is also known as Annual 100-drum Festival. Meghalaya State Festival : Bob Dylan Festival and Ahaia Festival.  
    Category: Arts & Culture

    Bank deposits with RBI hit record high after demonetisation

    November 25, 2016
    In the wake of demonetisation, bank deposits with the Reserve Bank of India (RBI) have reached a record high of Rs. 4.3 trillion, beating the earlier record of Rs. 1.7 trillion in May 2009.
    The RBI accepts money from various banks by offering government securities as collateral.
    The Indian banking system had collected deposits worth Rs. 5.12 trillion as of 18 November.
    Category: Business & Economy

    SEBI eases rules for angel funds

    November 25, 2016
    The Securities and Exchange Board of India (SEBI) has liberalised norms for angel investors to invest in early-stage entities. In this regard, SEBI in its meeting decided to amend the SEBI (Alternative Investment Funds) Regulations, 2012.
    This decision was taken based on the recommendations received from the NR Narayana Murthy Alternative Investment Policy Advisory Committee. Increased the upper limit for number of angel investors in a scheme from 49 to 200. Angel Funds will also be... Read More
    Category: Indian Affairs

    Himalayan hydro power projects face flood risk

    November 25, 2016
    The potential hydro power projects in the Himalayan region face increased flood risks from the formation of new lakes and the expansion of existing ones due to melting glaciers. It was revealed by study conducted by Swiss researchers on the impact of climate change in the Himalayas. The study made analysis of Himalayan glaciers and their possible future impact on livelihoods in States adjoining the region.  It found that the global warming could cause Himalayan glaciers to melt rapidly... Read More

    Palampur Assembly Constituency becomes first e Assembly of nation

    November 25, 2016
    The Palampur Assembly Constituency of Kangra district, Himachal Pradesh became the first e-assembly constituency of the country. The system was inaugurated by State Assembly speaker Brij Behari Lal Butail at a function held in Palampur on 22 November 2016. The system will help the residents of the constituency to know about the development works going on by one click on the computer. In addition, the residents would also send their requirements about funds for different schemes in their... Read More
    Category: Indian Affairs

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