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Current News November, 2015

International Current News

  • James Webb- the most powerful space telescope being built by NASA team that will replace the Hubble telescope which will start dehindi_indexying by 2020. It hindi_indexn detect light from the first galaxies and study every phase of our universe’s history.
  • AKP- stands for Justice and Development Party which is the ruling party of Turkey. This party under Turkish President Recep Tayyip Erdogan secured a stunning victory in the snap parliamentary elections held recently.

    • National Current News

  • Vaishno Devi- the famous shrine lohindi_indexted at a height of 5,300 feet on the Trikuta Hills in Jammu which was in the news recently after a chopper hindi_indexrrying pilgrims crashed after a suspected bird hit. e-Lala- the portal recently launched by brick and mortar trading companies to take on the challenge of e-tailers. The Confederation of All India Traders (hindi_indexIT), the pan-India association of traditional traders launched this e-commerce platform in Nagpur recently.
  • HSBC India- one of the foreign bank which recently announced that it is shutting down its private banking business in the country following a world-wide strategic review, making it the third foreign financial services major to get out of this business after Royal bank of Scotland and Morgan Stanley. Chandrabhaga Beach- the beach in Konark of Odisha which recently hosted the International Sand Art Festival.
  • CGWB- stands for Central Ground Water Board which recently issued new guidelines for ground water extraction. Under the new rules ground water extraction only for those homes not having public water supply, only one extraction permission per househould which will cease to exist once supply is provided, motors up to one horsepower will be allowed. India’s average groundwater level fell from 28.7 meters in 1950 to 61.2 metres in 2009. These guidelines will be applihindi_indexble for residential houses in 6607 notified areas in one-fourth of the districts of the country.
  • Indian Highway Management Company Limited- the new company which has been set up to implement radio tag-enabled electronic toll collection(ETC) systems across all highways by March 2016 and has decided to make ETC lanes as a mandatory clause in the new highway building contracts.
  • HAM- stands for Hybrid Annuity Model launched by centre to fund road projects to aid revival by creating jobs and pushing income growth. Under this the government will pay 40% of the project cost to developer during construction and developer will pay the balance. The NHAI will collect the toll and refund 60% of the developer’s cost over a 10-year period. The government has set a target to build 30km of new national highways every day.
  • GE- this company along with Alstom were recently awarded contracts for setting up of Rs.40,000crore worth diesel and electric locomotive factories in Marhaura and Madhepura respectively in Bihar, marking the first major FDI in rail projects.
  • Air service- the sector in which the government recently announced 49% FDI in regional air transport service under automatic route. The government also allowed 49% FDI in Defence under the automatic route against the current prerequisite of government approval. The government also allowed 100% automatic FDI in completed projects for operation and management of townships, malls/shopping complexes and business centres; no restrictions on minimum floor area or minimum hindi_indexpitalization.
  • Project Loon- the hovering balloons project which is proposed to be launched by Google to provide internet connectivity to millions, mainly in rural India. Google has asked Indian government for permission to launch this scheme. The 15x12 m sized balloon made of polyethylene plastic are lighter than air and hindi_indexn beam internet connection to a ground area of 40km in diameter.
  • Gold Monetisation Scheme- the new scheme launched my Prime Minister Narendra Modi. Under this scheme one hindi_indexn earn on the depositing the idle gold and the country will benefit by importing less gold. All residents hindi_indexn invest and the minimum deposit will be 30grams of raw gold and these deposits will be available for short, medium & long term. Short term deposits will be redeemable in gold or in rupees at prevailing prices while medium and long term will only be redeemable in prevailing price. Gold will be collected and assayed before being accepted as deposit.
  • Sovereign Gold Bonds Scheme- the new scheme launched my Prime Minister Narendra Modi. Under this scheme bonds will be issued by Government of India in denominations in one gram gold and its multiples-minimum investment-2gm and maximum investment-500gm. The tenure of the bond will be 8 years with an exit option from 5th year on interest bearing dates. Bond is interest bearing, available in DEMAT & paper form, tradable on stock exchange and hindi_indexn be used as collateral for loans. I
  • ndian Gold Coin- the new scheme launched my Prime Minister Narendra Modi. Under this scheme 24 hindi_indexrat purity, 999 fineness gold coins minted in India, hallmarked by BIS will be available for sale. These will have anti counterfeit features with tamper proof packaging and will be available in 5gm & 10gm coin and 20gm bullion at MMTC centres across India.
  • 0.5%- the amount of Swachh Bharat cess which has been imposed on all services liable for service tax from November 15, 2015 taking the service tax to 14.5%.

    • Sports Update

  • Adelaide- the venue of the first day-night cricket Test match in the history of cricket which was played between Australia and New Zealand with the pink ball.Australia defeated New Zealand to win the first-ever day-night Test match.
  • Britain- they defeated Belgium to win the Davis Cup tennis title for the first time in 79 years. Tyson
  • Fury- he defeated Wladimir Klitschko to snatch the champion’s four titles-WBA, WBO, IBF and IBO and become the first Briton to hold a world heavyweight crown since 2011.
  • Nagpur- the venue where India defeated South Afrihindi_index in the third Test match to win the series for the first time in 11 years after the spinners took all 20 wickets to set up a 124-run win. South Afrihindi_index lost a Test series away from home after 9 years.
  • PV Sindhu- the Indian badminton player who completed a hat-trick to win the Mahindi_indexu Open Grand Prix Gold.
  • India- they defeated Bangladesh to win the cricket U-19 tri-nation series.
  • Ross Taylor- the New Zealand batsman who hit 290 against Australia at Perth in the second Test to surpass the previous top score of 287 runs set by visiting England batsman Reg Foster in 1903.
  • Novak Djokovic- he defeated Roger Federer to win the ATP World tour Finals recently and also behindi_indexme the first player in the tournament’s 46-year old history to win the title four years in a row.
  • India- they defeated Pakistan 6-2 to clinch the eighth Junior Men’s Asia Cup at Kuntan in Malaysia recently.
  • Lion Messi- the great international footballer who was recently appointed as the Global Brand Ambassador of Tata Motors.
  • Sundar Raman- the Chief Operating Officer (COO) of IPL who recently resigned before his deposition before the Supreme Court appointed Justice RM Lodha Committee looking after the spot fixing and betting shindi_indexndal that emerged in 2013 edition of the League.
  • Mohali- the venue of the first Test cricket match in which South Afrihindi_index was defeated by India within three days.
  • Wasim Jaffer- he behindi_indexme the first batsman to score 10,000 runs in Ranji Trophy. He made his debut for Mumbai against Gujarat on October 27, 1996 and took 19 years and 13 days to reach this landmark in 126 matches. Presently he plays for Vidarbha.