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Friday, 18 August 2017

World Bank Pledges $24 Million to Enhance India's Forest Ecosystem Services

The Finance Ministry and the World Bank signed a grant agreement of $24.64 million from the Global Environment Facility (GEF) of the World Bank for ecosystem service improvement project.

Government Bans Export of Gold Items Above 22-Carat Purity

The government has banned exports of gold jewellery, medallions and other articles above 22- carat purity in a bid to check round tripping of the precious metal.

Government to Conduct ‘World’s Largest Sample Survey’ for Students

The Human Resource Development (HRD) Ministry has announced November 13 as the date for conducting its National Assessment Survey (NAS) for the students of class 3, 5, and 8.

Cabinet Approves Completion of North Koel Reservoir Project

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval to the proposal to complete the balance works of the North Koel Reservoir Project in Jharkhand and Bihar at an estimated expenditure of Rs.1622.27 crore to be incurred during three financial years from the start of the project.

Lakshya Sen Wins Bulgaria Open International Series

Young Indian shuttler Lakshya Sen clinched the Bulgaria Open International Series title after notching up a hard-fought win over Croatia’s Zvonimir Durkinjak in the men’s singles final in Sofia, Bulgaria.

Emma Stone Named as 2017’s Highest-Paid Female Actor

Emma Stone has been named Hollywood’s best-paid female actor in Forbes annual list of top earners.

BSNL Launches Digital Wallet Powered by MobiKwik

Bharat Sanchar Nigam Ltd (BSNL) went digital by launching a bespoke mobile wallet (mobile payment App) that would enable its existing 100 million customers to make Bill payments. This digital wallet was launched at an event by Manoj Sinha, Minister for Telecommunications in the capital.

US Declares Hizbul Mujahideen as Global Terrorist Group

The United States named Pakistan-based Hizbul Mujahideen (HM) as a Foreign Terrorist Organisation and a Specially Designated Global Terrorist group.

5 Indian-Origin Persons in Fortune’s Annual ‘40 Under 40’ List

Five Indian-origin persons, including Irish Prime Minister Leo Varadkar, have featured in Fortune’s annual list of 40 young and influential people in the field of business. Fortune’s 2017 ‘40 Under 40’ list is an annual ranking of the most influential young people who are under 40 in business.

Tata Power, First Power Utility to Use QR Code

Tata Power has become the first power utility to introduce a QR code based bill payments system in India. The QR code linked to Unified Payments Interface (UPI) will be printed on the electricity bills.

Sohail Mahmood- Pakistan’s High Commissioner to India

Sohail Mahmood has assumed the charge of Pakistan’s High Commissioner to India in New Delhi.

HDFC Bank Revises Interest Rates On Saving Accounts

HDFC Bank Ltd has announced a revision in its savings bank interest rate effective August 19, 2017. Post revision, customers maintaining savings bank account balance of Rs 50 lakh and above will continue to earn interest at 4 per cent per annum.

Environment Minister Launches “Harit Diwali, Swasth Diwali” Campaign

Union Minister for Environment, Forest and Climate Change, Dr.  Harsh Vardhan, launched the “Harit Diwali, Swasth Diwali” campaign.

Infosys CEO and MD Vishal Sikka Resigns

Vishal Sikka of Infosys Ltd has resigned as Managing Director and Chief Executive of the company with immediate effect.

NHAI Launches Mobile App MyFASTag and FASTag Partner

National Highways Authority of India launched two mobile Apps – MyFASTag and FASTag Partner in New Delhi, to facilitate the availability of FASTags for Electronic Toll Collection. 

Current Affairs Based on The Hindu for IBPS RRB, IBPS PO & IB (18th August 2017)

Dear Readers,


This show is dedicated to the current affairs from India’s Leading Daily “THE HINDU” Additionally you will also learn the same again in a quiz format. It is very useful for upcoming exams SSC CGL, SBI PO, SBI PO 2017, BANK PO, SBI PO VACANCY, LIC, RAILWAYS, UPSC and other competitive exams.

Thursday, 17 August 2017

IAAF World Championships 2017

The 16th edition of IAAF (International Association of Athletics Federations) World Championships 2017 was held in London. The championships were held in the London Stadium in Stratford. 'Hero-the Hedgehog' was a Mascot of 2017 IAAF World Championships and 'Whizbee-the Bee' was the Mascot for the Para Athletics.

Uber Launches B2B Model for Business

Ridesharing app Uber has launched a business to business model called "Uber for Business " to enable new use cases like daily commute, late-night rides home from work, between-office transportation.

Karur Vysya Bank Appoints P R Seshadri as MD and CEO

Karur Vysya Bank Ltd has informed BSE that the Reserve Bank of India has accorded their approval for the appointment of Shri P R Seshadri as Managing Director & Chief Executive Officer of the Bank for a period of three years from the date of his taking charge.

Karur Vysya Bank Opens its First Aadhaar Enrollment Centre

Karur Vysya Bank rolled out an Aadhaar Enrollment Centre at its Nelson Manickam Road Branch in Chennai.

Government Slaps USD264 Million Penalty on RIL

The government has imposed a new penalty of USD 264 million (about Rs 1,700 crore) on Reliance Industries Ltd and its partners for producing less than the targeted natural gas from eastern offshore KG-D6 fields in 2015-16.

Real Madrid Beats Barcelona to Win 2017 Spanish Super Cup

Real Madrid defeated Barcelona in the second leg of the 2017 Spanish Super Cup to seal the win at the Bernabeu, Spain.

Cabinet Approved raising of over Rs 9000 cr through NABARD for Completing Irrigation Projects

The Union Cabinet has approved raising extra budgetary resources up to 9,020 crore rupees for Long Term Irrigation Fund in 2017-18 under Pradhan Mantri Krishi Sinchayee Yojana (PMKSY). According to Finance Minister Arun Jaitley, the amount will be raised by NABARD through Bonds. 

Karnataka Bank on Social Media

Karnataka Bank Ltd has ventured into social media by opening its official pages in social networking sites such as FaceBook, Twitter, Instagram, and YouTube.

Reliance Defence is Now Reliance Naval and Engineering

Anil Ambani’s Reliance Infrastructure-controlled Reliance Defence and Engineering is changing its name to Reliance Naval and Engineering Ltd (RNEL). According to the Company, change of name is in line with company’s focus on building capabilities for the Indian Navy and the Coast Guard.

CCEA Approves Proposal of DIPAM for Strategic Disinvestment

The Cabinet Committee on Economic Affairs (CCEA) has approved the proposal of Department of Investment and Public Asset Management (DIPAM) for the strategic disinvestment. The approval will help in speedy completion of strategic disinvestment transactions.

RBI Makes Aadhaar Linkage Mandatory for Farmers

To ensure hassle-free benefits to farmers under Interest Subvention Scheme, the Reserve Bank of India has advised banks to make Aadhaar linkage mandatory for availing short-term crop loans up to Rs 3 lakh in 2017-18.

SBI Gives Leg-up to CSR Initiatives

State Bank of India has launched a CSR (Corporate Social Responsibility) initiative, SBI Gram Seva, which will work in the areas of health, education, environment and rural infrastructure.

RCom's Merger with Aircel Gets NCLT Nod

The National Company Law Tribunal (NCLT) admitted proposals for the merger between Aircel and Reliance Communications wireless business, as well as the latter's sale of its tower business to Canada's Brookfield.

Italy to Host G-7 Interior Ministers' Summit on Security

Italy will host a summit of G-7 interior ministers centered on security issues in the fall. According to Italian Interior Minister Marco Minniti, the meeting is being organized at the request of Italy's G-7 partners: Canada, France, Germany, the United Kingdom, Japan and the United States.


This show is dedicated to the current affairs from India’s Leading Daily “THE HINDU” Additionally you will also learn the same again in a quiz format. It is very useful for upcoming exams SSC CGL, SBI PO, SBI PO 2017, BANK PO, SBI PO VACANCY, LIC, RAILWAYS, UPSC and other competitive exams.

NABARD Awards for Corporation Bank

Corporation Bank has bagged the best performance awards for SHG-bank linkage program for Karnataka for 2015-16 and 2016-17 from National Bank for Agriculture and Rural Development (Nabard).

Wednesday, 16 August 2017

KVGB Bags Best Performer Award

National Bank for Agriculture and Rural Development (Nabard) has conferred the ‘best performance award’ for 2015-16 and 2016-17 to Karnataka Vikas Grameen Bank (KVGB) for its work in the field of credit-linking joint liability groups (JLGs).

‘Indira Canteen Scheme’ Launched in Bengaluru

Congress vice-president Rahul Gandhi launched the ‘Indira Canteen’ scheme, dedicated to former Prime minister Indira Gandhi- a state government initiative to provide food at low cost to cater to the urban poor.

Tata Motors Appoints P B Balaji as New Chief Financial Officer

Tata Motors announced the appointment of P B Balaji as the new Chief Financial Officer, Tata Motors Group from November 2017. He has replaced C R Ramakrishnan.

SBI Holds Home Loan Utsav in Bengaluru

State Bank of India successfully held two-day Home Loan Utsav in Bengaluru. The loan Utsav saw title sponsor, GM Infinite. Subtitle sponsors, Brigade Group, Salarpuria Sattva and DSR Infra.

Union Cabinet Approves New Metro Rail Policy

The government approved a new metro rail policy for expanding the metro network across various cities in the country. The new policy was approved by the Union Cabinet chaired by Prime Minister Narendra Modi.

Cabinet Approves MoU Between India and Sweden on IPRs

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval to the MoU between India and Sweden on cooperation in the field of Intellectual Property (IPRs).

Earth's Largest Volcanic Region Discovered in Antarctica

The largest volcanic region on Earth, with nearly 100 volcanoes, has been discovered two km below the surface of the vast ice sheet in West Antarctica. Researchers from the University of Edinburgh in Britain found a staggering 91 previously unknown volcanoes, adding to the 47 others.

Alexander Zverev Beats Roger Federer to Win Rogers Cup

Alexander Zverev won 6-3 6-4 at the Rogers Cup to claim his second Masters 1000 title and extend his winning run to 10 matches.

India Opens First Partition Museum in Amritsar

India's first museum on Partition of the Indian subcontinent will open this week in Amritsar Punjab, as India and Pakistan celebrate 70 years as independent nations. The museum will include photographs, newspaper clippings, donated personal items, and screens showing video interviews with survivors.

Melbourne Named 'World's Most Liveable City'

Melbourne (in Australia) has been named world’s most liveable city for a record seventh year in a row, according to the Economist Intelligence Unit’s Global Liveability Report 2017Melbourne scored an overall rating of 97.5 out of 100 on the liveability index.

Australia to Get World's Biggest Single Tower Solar Thermal Plant

Australian state government has approved the world's biggest single tower solar thermal power plant, a 150-megawatt structure to be built in South Australia by 2020.

ICICI Prudential Mutual Fund Launches ‘Plan Your Goal’ Website

ICICI Prudential Mutual Fund has launched a new website '' to help users plan their investments according to their future financial goals.

Odisha: Special Programme to Prevent Spread of Malaria

Odisha Government will soon launch “Durgama Anchalare Malaria Nirakaran” (DAMON), a special programme to prevent the spread of malaria in remote areas of Ganjam district.

Norway has World's Fastest Mobile Internet

According to global leader in broadband testing Ookla, Norway has the fastest mobile Internet in the world. The Netherlands and Hungary are ranked number two and three on the list of the world’s fastest mobile networks.

India to Host Next Steering Committee Meeting of TAPI Gas Pipeline

India (New Delhi) will host the next steering committee meeting of the proposed 1,814 kilometre-long Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline senior officials on both sides confirmed. The decision came during the sixth joint Inter-Governmental Committee (IGC) meeting on trade, economic, scientific and technological cooperation.

China Bans Imports from North Korea

China halts iron, iron ore and seafood imports from North Korea, following through on new UN sanctions over its ally’s nuclear program. 


This show is dedicated to the current affairs from India’s Leading Daily “THE HINDU” Additionally you will also learn the same again in a quiz format. It is very useful for upcoming exams SSC CGL, SBI PO, SBI PO 2017, BANK PO, SBI PO VACANCY, LIC, RAILWAYS, UPSC and other competitive exams.

Tuesday, 15 August 2017

Santosh Sharma Appointed CMD of Hindustan Copper Limited

Santosh Sharma has appointed as Chairman and Managing Director of Hindustan Coper Limited (HCL). He is at present Director (Operations) in the HCL. 

Sankara Rao to be IFCI Chief Executive

IFCI Ltd, a government company, is set to have a new Managing Director & CEO in E Sankara Rao, who is currently Chief General Manager at India Infrastructure Finance Company Ltd (IIFCL).

PM Launches website to Honour Gallantry Award Winners

Prime Minister Narendra Modi has launched a website to honour all the gallantry award winners since Independence. The portal will preserve and tell the stories of bravest men and women, civilians as well as armed forces personnel.

10 year old Indian Youngest to climb 6,153m Mountain

A 10-year-old mountaineer from Visakhapatnam, Kaamya Karthikeyan, successfully summited one of the highest peaks in the Himalayas, making her one of the youngest people in the world to achieve this feat.