Top 10 Daily Current Affairs : 02 September 2016

Updated September 02,2016

06:30 PM IST

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Top 10 Daily Current Affairs : 02 September 2016

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2 September 2016

India has been placed at the 35th rank in the World Bank’s 2016 Logistics Performance Index (LPI) among 160 countries. The index was recently released by World Bank in its report titled ‘Connecting to Complete 2016’.  India has leapfrogged by 19 spots to 35th rank compared with 54th rank in 2014 LPI. Logistics Performance... Read More

category: Banking & Finance

2 September 2016

The Guinness World Records has declared Assam's Majuli as the largest river island in the world on 1 September 2016. The island is located in the Brahmaputra River. As per the Guinness World Records, the island lost around one-third of its area in the last 30-40 years due to frequent flooding of the river. Majuli : Majuli had a total area... Read More

category: Indian Affairs

2 September 2016

South Korea's LG Electronics Inc has  tied-up with Amazon.com Inc on smart-home services on 2 September 2016. This tie-up will help enabling the services of Amazon such as the Alexa virtual assistant on some of the electronics maker's devices. Highlights of the Partnership :  Alexa will work with its SmartThinkQ Hub, an LG... Read More

category: International

2 September 2016

TVSN Prasad committee constituted to look into the alternatives to pellet guns submitted its report to Home Secretary Rajiv Mehrishi on 30 August 2016. As per reports, the committee was not in favour of completely removal of the pellet guns in the Kashmir Valley but suggests that it should be replaced with polymer, rubber and paper bullets. It... Read More

category: Business & Economy

2 September 2016

A SpaceX Falcon 9 rocket exploded on its Cape Canaveral launch pad during a test on 1 September 2016. The explosion destroyed a commercial satellite that Facebook had planned to use to extend Internet access in Africa. It was the second time in just over a year that SpaceX has lost a Falcon 9 rocket, which is slated to launch NASA astronauts for... Read More

category: Bills & Acts

2 September 2016

India and Egypt has signed an agreement on Maritime Transport on 2 September 2016. The agreemnt would help the two nations to step-up co-operation on the seas not only in terms of maritime commerce but also in transit of naval vessels.  The agreement was signed after delegation level talks between Prime Minister Narendra Modi and visiting... Read More

category: International

2 September 2016

Reliance Industries Limited has launched the Reliance Jio Service offering free voice calls and zero roaming charges for its customers as a part of Jio Welcome Offer on 1 September 2016 .  The Jio Welcome Offer will be effective from 5 September 2016 up to 31 December 2016. As part of the Jio Welcome Offer, users will have access to... Read More

category: Awards and Honours

2 September 2016

The Union Defence Ministry has sanctioned the construction of a National War Memorial and National War Museum in New Delhi.  The National War Memorial will honour the memory of all soldiers of the Indian Armed Forces who have made the ultimate sacrifice for the nation. The National War Museum will combine architectural aesthetics and public... Read More

category: Indian Affairs

2 September 2016

The Goa Legislative Assembly has unanimously passed a resolution ratifying the amendments to the Constitution to pave way for the presidential assent to the Goods and Services (GST) Bill, 2016.  Goa is the 15th State Assembly to ratify the Bill. With this, 50% of States have passed the Bill paving way for the presidential assent. GST is a... Read More

category: International

2 September 2016

Sbi Mutual Fund has appointed Anuradha Rao as its Managing Director and chief executive.  Rao was Deputy Managing Director at Sbi handling New Business Portfolio. She has also worked as the Chief General Manager of personal Banking at the bank. She took charge from Dinesh Kumar Khara, who has been appointed Managing Director of State Bank... Read More

category: Banking & Finance

2 September 2016

Odisha CM, Naveen Patnaik, would share his thoughts on different issues through the radio for 10 minutes every month.  This was decided at a meeting chaired by Mr Patnaik. The State government has decided to launch ‘Biju Goan Radio’ through which the Chief Minister would address the people soon. The programme would provide... Read More

category: Sports

2 September 2016

Renowned sand artist Sudarsan Pattnaik has won the people's choice prize for his sand sculpture titled "Mahatma Gandhi- World Peace" at the ninth Moscow Sand Sculpture Championship 2016. Sudarsan has already won a gold medal for the 15-foot-high sculpture which he created at the championship held in April 2016. The sand art depicted... Read More

category: International

2 September 2016

A group of researchers have concluded that the gravest threat to groundwater in India is not over-exploitation but arsenic and salt contamination. The study titled Groundwater quality and depletion in the Indo-Gangetic Basin mapped from in situ observations was published on 29 August 2016 in the journal Nature Geoscience. The study was concluded... Read More

category: Persons

2 September 2016

A software industry veteran Ajei Gopal was named the Chief Executive Officer (CEO) of a leading US company ANSYS on 30 August 2016. Gopal will take over the charge of the Pennsylvania-based company with effect from 1 January 1 2017. James Cashman, who has served as ANSYS’ CEO since 2000, will become Chairman of the Board of Directors,... Read More

category: Banking & Finance

2 September 2016

The Gujarat government has signed a tripartite Memorandum of Understanding (MoU) with the Ministry of Civil Aviation and the Airport Authority of India (AAI)  on 1 September 2016 to develop 11 small airports and airstrips under the Centre’s Regional Connectivity Scheme (RCS).The MoU was signed to boost regional air connectivity in the... Read More

category: Business & Economy

2 September 2016

The Union Government has notified National Apprenticeship Promotion Scheme on 1 September 2016. It is for the first time a scheme has been notified to offer financial incentives to employers. The Scheme has an outlay of 10000 crore rupees with a target of 50 Lakh apprentices to be trained by 2019-20. The National Policy of Skill Development and... Read More

category: Indian Affairs

2 September 2016

Railway Minister Suresh Prabhu has launched an insurance scheme for passengers travelling on e- ticket on 1 September 2016 . The insurance cover will be up to 10 lakh rupees. The insurance coverage will be available in case of train accidents and other untoward incidents, including terrorist attack, dacoity, rioting, shooting or... Read More

category: Indian Affairs

2 September 2016

The Indian Army has set up Army Design Bureau (ADB) in an attempt to indigenise procurements and reduce import dependence.  It has been established as part of the government’s ‘Make in India’ initiative and will integrate various stake holders in its long-term requirements. Army Design Bureau (ADB)  : ADB will provide... Read More

category: Business & Economy

2 September 2016

The Union Cabinet has given its approval for simplification and liberalisation of the Foreign Direct Investment (FDI) Policy, 2016 in various sectors announced in June, 2016. The radical amendments to FDI policy are meant to liberalise and simplify the FDI policy so as to provide ease of doing business in the country. Its main aim is to allow... Read More

category: Banking & Finance

2 September 2016

The Competition Commission of India (CCI) has imposed penalties on 10 cement companies and their umbrella association - Cement Manufacturers Association (CMA) for cartelisation.  The CCI has levied penalties on 10 cement companies viz. ACC, ACL,  Binani, Century, India Cements, JK Cements, Lafarge, Ramco, UltraTech and  Jaiprakash... Read More

category: Indian Affairs

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