Top Current Affairs of the day: 04 November 2016

Last Updated: November 4, 2016

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  • Union Government imposes anti dumping duty on imports of steel wire rods from China

    November 4, 2016
    The Union Government has imposed anti-dumping duty on imports of steel wire rods from China to protect domestic manufacturers from cheap in-bound shipments. In this regard, the Department of Revenue (DoR) has issued a notification mentioning that dumping duty has been imposed for six months. Chinese imports were taken based on the recommendation of Directorate General of Anti-Dumping and Allied Duties (DGAD). DGAD in its investigation had found that steel wire rods were being exported by China... Read More

    Chinese scholar Xuan Zang stayed in Vijayawada to study Buddhist scriptures

    November 4, 2016
    Seventh century Chinese Buddhist pilgrim and scholar Xuan Zang (also spelled Hsuan Tsang)  stayed a couple of years in Bezawada (the old name of Vijayawada) to copy and study Buddhist scriptures.  In 630 AD, Xuan Zang came to India through Kashmir after visiting Central Asia, Iran and Afghanistan through the Silk Route. He had travelled from north to east during his 14-year stay and lived in Bihar for a couple of years.
    At Nalanda University, Xuan Zang had interacted with... Read More
    Category: Arts & Culture

    India s first titanium project starts test production in Odisha

    November 4, 2016
    The first titanium project of India has started its test production Ganjam district of Odisha. The project has been established by Saraf Group. This is first of its kind titanium plant and the only one in the country. During the test run, one of its four furnaces became functional. After inception, this plant is expected to produce 36,000 tons of titanium slag and 20,000 tons of pig iron per year. The raw material of the plant ilmenite would be procured from Odisha Sands Complex (OSCOM), a... Read More
    Category: Indian Affairs

    Maharashtra becomes first state to launch cyber police stations in all districts

    November 4, 2016
    Maharashtra has become the first state in the country to have a cyber-police station in each district to take on cyber criminals. In this regard, state government is converting 42 state-of-the-art cybercrime labs into cyber police stations simultaneously.
    These cyber police stations will also be set up at police commissionerate and Range IG offices. Any offence related to cybercrime will be registered in these police stations at district level. Besides, additional cyber police stations... Read More

    GST Council fixes four tier tax structure under Goods and Services Tax

    November 4, 2016
    The GST council has approved four tier tax structure of 5, 12, 18 and 28 percent under the proposed Goods and Services Tax (GST). There will be two standard tax rates- 12 percent and 18 percent under the GST. Under the tax structure of 5, 12, 18 and 28 percent, the lower rates will be applicable for essential items and the highest for luxury and de-merits goods that will also attract an additional cess. Highlights : Essential items including food, which presently constitute roughly half of... Read More

    Sri Lankan singer Pandit Amaradeva passes away

    November 4, 2016
    Legendary Sri Lankan singer and composer Pandit Amaradeva passed away on 3 November 2016 following a cardiac arrest. He was 88. He had been the recipient of many international honours including Padma Shri for his contribution to music. Pandit Amaradeva : Pandit Amaradeva was born as Wannakuwatta Waduge Don Albert Perera. He drew inspiration from classical Indian ragas as well as Sri Lanka’s own rich traditions of folk music and went on to create Sinhala music.He was considered to be... Read More
    Category: Obituary

    Paris Agreement on Climate Change officially enters into force

    November 4, 2016
    The Paris Agreement officially entered into force on 4 November 2016. The agreement deals with greenhouse gases emissions mitigation, adaptation and finance. The Paris Agreement’s entry into force comes a month after countries representing 55 per cent of the world’s emissions committed to joining the deal. As of November 2016, 192 states and the European Union have signed the Agreement; 97 of those parties have ratified or acceded to the Agreement, most notably China, the United... Read More
    Category: International

    NDTV India ordered to be taken off air for hours

    November 4, 2016
    An Inter-Ministerial Committee of the Information and Broadcasting Ministry in the first week of November 2016 asked for one-day ban on a leading Hindi News Channel, NDTV India from 12.01 A.M. of 9 November to 12.01 A.M. of 10 November 2016. The channel is facing the possibility of a complete blackout for 24 hours for revealing strategically-sensitive information during its coverage of the anti-terror operations at the Pathankot airbase in January 2016. The telecast under scanner was aired on... Read More
    Category: Business & Economy

    India to host Seventh Session of the Conference of Parties

    November 4, 2016
    The Union Ministry of Health and Family Welfare, Government of India, will be hosting the Seventh Session of the Conference of Parties (COP7). The Conference will be inaugurated by J P Nadda, Union Minister of Health and Family Welfare. The Conference will be held from 7 November to 12 November 2016, at India Exposition Mart, Greater Noida, District Gautam Buddha Nagar, Uttar Pradesh. It is the first occasion that a Conference of Parties meeting is being held in India. It signals a strong... Read More

    Shamik Chowdhury wins the German Green Talent award

    November 4, 2016
    Indian researcher Shamik Chowdhury in the last week of October 2016 was awarded the German Green Talent Award. His name is among the list of 25 young researchers who have been honoured with the award. The award was conferred to Shamik Chowdhury by the German Federal Ministry of Education and Research for his innovative approach in sustainable development, resource efficiency, cleaner production and eco-innovation. Shamik Chowdhury : Shamik Chowdhury is currently doing his PhD in environmental... Read More

    UK High Court puts brakes on BREXIT Britain government to fight ruling

    November 4, 2016
    High Court of United Kingdom has ruled that Government does not have the power to invoke Article 50 of the European Union treaty on 3 November 2016. It held that Prime Minister Theresa May can’t start the BREXIT process without approval from Parliament. Britain's plans to leave the European Union hit a large speed bump when the High Court ruled that the Government cannot start exit negotiations without a vote in Parliament. Britain votes to exit European Union in historic... Read More
    Category: International

    Saad Hariri named Lebanon s new prime minister

    November 4, 2016
    Lebanon’s newly elected president charged former Prime Minister Saad Hariri to form a new government after he secured a majority in parliament. Hariri was endorsed by 110 members of the 127-seat parliament, with only the Shiite Hezbollah movement, the Syrian Social National Party and the Lebanese Baath party  all supporters of Syria’s government  declining to back him as prime minister. Hariri returns to the post of prime minister five years after his last cabinet... Read More
    Category: International

    State Bank of India cuts home loan interest rates to lowest

    November 4, 2016
    State Bank of India (SBI) has cut home loan rates to a 9.1% -the lowest in six years -as part of a festive scheme. The rate cut comes on the back of a general interest rate reduction last week when SBI reduced its benchmark rates by 15 basis points . In terms of the festival scheme, home loans for women (or loans with women as co-borrowers) will be available for 20bps above the benchmark rate, which translates into 9.1%. For all other borrowers, home loans will be available at 9.15%. The... Read More
    Category: Banking & Finance

    BSE gets Sebi s in principle approval for global exchange

    November 4, 2016
    BSE aimed to operationalise the international exchange by early next year. Mock trading for the same commenced from October 3. The BSE board at its meeting held on May 5, 2016, had approved creation of two fully-owned subsidiary companies for the purpose of setting up the first international exchange and clearing corporations. BSE in August had announced that its international stock exchange would provide a platform to trade on equity, commodity and currency and interest rate derivatives for... Read More
    Category: Banking & Finance

    th Command Level Navy Coast Guard COMNAVGUARD held in Visakhapatnam

    November 4, 2016
    The 10th Command Level Navy Coast Guard (COMNAVGUARD) meeting was held in Visakhapatnam on November 2, 2016 to discuss inter-operatability issues between Navy and Coast Guard. The meeting was co-chaired by Chief of Staff, Eastern Naval Command (ENC), Vice Admiral Atul Kumar Jain and Inspector General Rajan Bargotra, Commander, Coast Guard Region (East) and Inspector General K R Nautiyal, Commander Coast Guard Region (North East), along with senior officers of Navy and Coast Guard. They are... Read More

    India Bangladesh joint military exercise SAMPRITI to commence from Nov

    November 4, 2016
    The joint military training exercise “Sampriti-2016” will be conducted between India and Bangladesh at Tangail, Dhaka, Bangladesh from 05 to 18 November 2016.
    Exercise SAMPRITI is an important bilateral defence cooperation endeavour between India and Bangladesh and will be the sixth edition of the exercise which is hosted alternately by both countries.
    Category: Defence

    Sanjiv Arora appointed as the next ambassador of India to Lebanon

    November 4, 2016
    An Indian Foreign Service (IFS) Sanjiv Arora has been appointed as the next Ambassador of India to the Republic of Lebanon by Ministry of External Affairs (MEA).
    Lebanon, officially known as the Lebanese Republic, is a sovereign state in Western Asia. It is bordered by Syria to the north and east and Israel to the south, whilst Cyprus is west across the Mediterranean Sea.  
    Category: Defence

    LinkedIn inks MoU with govt to create jobs for students

    November 4, 2016
    Leading global professional network LinkedIn  has signed an agreement with the human resource development ministry to create more job opportunities for Indian students. As part of the MoU, LinkedIn’s ‘Placements’ product will be adopted by all Indian colleges affiliated with All India Council for Technical Education (AICTE). Placements’ provides a level-playing field for all students, regardless of their location or college and allows them to take an online... Read More
    Category: Business & Economy

    Union Government to set up bn clean energy equity fund for additional renewable energy

    November 4, 2016
    Union Government has decided to launch a 2 billion US dollar clean energy equity fund. The fund is being created to support government's ambitious target of adding 175 GW renewable energy generation capacity by 2022. The government will launch the fund jointly with state-run power entities namely, National Thermal Power Corporation Limited (NTPC), Rural Electrification Corporation (REC) and Power Finance Corporation Limited (PFC). As per reports, the New and Renewable Energy Ministry has... Read More
    Category: Indian Affairs

    PM Narendra Modi presents Ramnath Goenka Awards for Excellence in Journalism

    November 4, 2016
    Prime Minister Narendra Modi has presented the Ramnath Goenka Awards for Excellence in Journalism at a function in New Delhi. The honour acknowledges exceptional work across 28 categories in print, broadcast and online journalism in English, Hindi and regional languages. Ramnath Goenka was an Indian newspaper publisher. He launched The Indian Express and created the Indian Express Group with various English and regional language... Read More
    Category: Awards and Honours



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