Top 15 Current Affairs 12th September 2017

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12 September 2017

Tahir Mahmood awarded the prestigious N R Madhava Menon Best Law Teacher Award 2017 for his distinguished services to legal education and the legal profession on the occasion of Law Teachers' Day celebrations. The function was organized by the Society of Indian Law Firms (SILF) and Menon Institute of Legal Advocacy Training (MILAT). Every year to honor the most deserved law teachers and institutions in India and across the SAARC region, the award was presented.

12 September 2017

India and Belarus inked 10 agreements to expand cooperation in a range of areas and decided to explore joint development and manufacture of military platforms, giving a fresh momentum in bilateral ties. Prime Minister Narendra Modi and Belarus President A G Lukashenko during their extensive talks agreed to focus on ramping up economic engagement between the two countries, holding that there was a huge scope for boosting trade and investment. MoU between the Ministry of Youth Affairs and Sports of the Republic of India and the Ministry of Education of the Republic of Belarus MoU between the Ministry of Skill Development and Entrepreneurship of the Government of the Republic of India and the Ministry of Education of the Government of the Republic of Belarus for Cooperation in the Field of Vocational Education and Training Agreement on Scientific and Technical Cooperation between Indian National Science Academy (INSA) and the National Academy of Sciences of Belarus MoU between Indian Council of Agricultural Research, India and Belarusian State Agricultural Academy, Gorki, Belarus for Cooperation in Agricultural Research and Education Protocol amending the Agreement between the Ministry of Agriculture & Farmer’s Welfare of the Republic of India and the Ministry of Agriculture and Food of the Republic of Belarus signed on April 16, 2007 Programme of cooperation between the Government of Republic of India and the Government of Republic of Belarus in the field of culture for 2018-2020 MoU between M/o Petroleum & Natural Gas of the Republic of India and Belarusian State Concern of Oil and Chemistry in the Oil and Gas Sector MoU between JSV "Belzarubezhstroy” and National Buildings Construction Corporation Ltd. MoU between JSC Belarusian Potash Company (BPC) and Indian Potash Ltd (IPL) Agreement on the implementation of MoU signed between OJSC Minsk Tractor Works and Kirloskar Oil Engines Ltd. India in Pune.

12 September 2017

London topped in the 2017 Global Financial Centres Index (GFCI) among 92 financial centres released by the Z/Yen and China Development Institute. It was ranked at 60th position, up by three positions compared to the previous edition. The index is a ranking of the competitiveness of financial centres based on an aggregate of indices from five key areas: business environment, the financial sector.

12 September 2017

This is the first time in India, Badminton World Federation (BWF) World Senior Badminton Championship tournament started in Rajiv Gandhi Indoor Stadium of Kochi which will continue till 17th September. A total of 175 players will represent India including Olympians Abhinn Shyam Gupta, Nikhil Kanetkar, and V Diju along with three times Asian Games team bronze medallist Partho Ganguly and 1982 Asian Games bronze medallist Leroy D’sa. The President of Badminton Association of India (BAI) Himanta Biswa Sarma will be hosting BWF tournament.  

12 September 2017

The Union Government to extract the UK from EU law in time for Brexit passed its first Parliamentary test. The EU Withdrawal Bill was backed by MPs by 326 to 290. The bill which will end the supremacy of EU law in the UK now moves onto its next Parliamentary stage. It was previously referred to as the Great Repeal Bill, the EU Withdrawal Bill overturns the 1972 European Communities Act which took the UK into the then European Economic Community.

12 September 2017

India and Belarus are signed agreements on their bilateral cooperation, including in defence and security, as the Eastern European country's President Alexander Lukashenko is on a two-day visit to New Delhi. Belarus and India are celebrating the 25th anniversary of the establishment of diplomatic relations. Bilateral trade between India and Belarus stands at $200 million, with pharmaceutical products being India's main exports to the East European nation.

12 September 2017

Badminton Prakash Padukone conferred with the first Lifetime Achievement Award instituted by the Badminton Association of India (BAI) for his rich contribution to the sport. He is the first recipient of the lifetime achievement award. He won the 1980 All England and won a bronze at the 1983 World Championship in Copenhagen. He also won a gold medal at the 1978 Commonwealth Games. He was bestowed with the Arjuna award in 1972 and the Padma Shri in 1982.

12 September 2017

The Union Government reconstituted six Committees of the Cabinet after recent ministry reshuffle. Railway Minister Piyush Goyal and Dharmendra Pradhan were also included as permanent members of the Cabinet Committee on Economic Affairs (CCEA). The six committees of Cabinet are  Appointments Committee of the Cabinet (ACC) - It is responsible for all appointments of higher ranks in the Central Secretariat, Public Enterprises, Public Enterprises and Financial Institutions. Cabinet Committee on Accommodation (CCA) - It is responsible for the allotment of accommodation for various top positions in the Government of India. Cabinet Committee on Economic Affairs (CCEA): It deals with the activities pertaining to the economics of the country. Cabinet Committee on Parliamentary Affairs (CCPA): It looks into the matters related to the progress of government business in the Parliament of India. Cabinet Committee on Security (CCS): It is one of the most important committees in India, it looks into the matters of defense expenditures and National Security.

12 September 2017

The Pension Fund Regulatory and Development Authority (PFRDA) announced that the upper age limit for joining the National Pension Scheme (NPS) had been raised to 65 years, from the current 60. It is currently open for people between 18 and 60, and the Board has approved raising the age limit for joining to 65. This aims to open up pensions to sectors without pensions. Currently, only 15-16% of employees in India are covered by pensions because around 85% of the workforce is in the unorganized sector.

12 September 2017

Food Safety and Standards Authority of India (FSSAI) launched ‘FoSCoRIS’, a nationwide online platform to bring in transparency in food safety inspection and sampling. The new system will bring together all key stakeholders food businesses, food safety officers (FSOs), designated officers, state food safety commissioners on a nation-wide IT platform and data related to inspection, sampling and test result data will be shared. The system will help to verify compliance with food safety and hygiene standards by food businesses as per the government norms. FSSAI is a nodal statutory agency responsible for protecting and promoting public health in India through regulation and supervision of food safety.

12 September 2017

Private sector lender IndusInd Bank and India's second largest Microfinance company Bharat Financial Inclusion signed a confidentiality agreement for the proposed merger between them. The merger would result in lower cost of funds and would help the company offer its customers savings products. The agreement provides for a mutually agreed exclusivity period for due-diligence and discussions to evaluate a potential strategic combination between the company and BFIL by way of amalgamation through a scheme of arrangement or any other suitable structure.