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Monday, 31 July 2017

RBI slaps Rs. 3 cr penalty on Union Bank for KYC non-compliance


The RBI has imposed a penalty of Rs. 3 crore on state-owned Union Bank of India for “non-compliance” with the directions on Know Your Customer (KYC) norms.

Sebastian Vettel of Ferrari wins Hungarian Grand Prix


Sebastian Vettel of Ferrari took the chequered flag at the Hungaroring to claim his fourth victory of the season.

Ravi Mittal appointed part-time member on IRDAI board


Ravi Mittal, who has joined as additional secretary in the Finance Ministry in place of Anil Khachi, is now a part-time member on the board of IRDAI.

SBI cuts savings bank rate to 3.5% on deposits up to Rs. 1 cr


The decline in rate of inflation and high real interest rates have prompted State Bank of India to cut the savings bank deposits rate from 4 per cent to 3.5 per cent on deposits below Rs. 1 crore. This cut in savings bank rate will prompt many banks to follow suit.

Shiva Thapa, Manoj Kumar strike gold at Czech Republic boxing tournament


Indian boxers packed quite a heavy punch at the 48th Grand Prix Usti Nad Labem, clinching five gold, two silver, and one bronze medal at the event in the Czech Republic.

Japanese, Sri Lankan among Magsaysay award winners


Yoshiaki Ishizawa, a Japanese historian who helped Cambodians preserve the Angkor temples, and Gethsie Shanmugam, a Sri Lankan teacher who counseled war widows and orphans to overcome their nightmares, are among the six winners of this year’s Ramon Magsaysay Awards.

7th edition of SAARC Artists Camp & Exhibition of Paintings begins in Nepal


The 7th edition of South Asian Association for Regional Cooperation (SAARC) Artists Camp and Exhibition of Paintings has begun at Kathmandu.

Caeleb Dressel becomes first ever Swimmer to win three gold medals in one night at worlds Championship


The 20-year-old Caeleb Dressel established himself as America’s newest star of the pool recently, becoming the first swimmer to win three gold medals on a single night at either the worlds or the Olympics.

Canara Bank launches 'CANDI' - its first digital branch in Bengaluru


Canara Bank has launched its first ‘Digital Banking Branch’ named 'CANDI' in Bengaluru. The branch will provide an end-to-end digital experience to customers. The bank has introduced customer-friendly mobile apps which help customers get most of the information related to their accounts from the app without the need to visit the branch.

Punjab launches ‘Apni Gaddi Apni Rozgar’ scheme


The Punjab government has recently announced the launch of its flagship 'Apni Gaddi Apna Rozgar' scheme by flagging off over 100 uber MOTO bikes. Under the scheme, the state government will be providing commercial two wheelers and four wheelers to unemployed youth at subsidized rates.

Current Affairs for IBPS Exam based on the Hindu (31st July 2017)

Hello, Greetings!!

Hindu Current Affairs 31st July 2017





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, BANK PO, SBI PO VACANCY, LIC, RAILWAYS, UPSC and other competitive exams.

Sunday, 30 July 2017

DRDO develops India's first unmanned tank 'Muntra'


Defense Research and Development Organisation (DRDO) has developed India's first unmanned tank, which has three variants – surveillance, mine detection and reconnaissance in areas with nuclear and bio threats. It is called Muntra (Mission UNmanned TRAcked) and has been rolled out of the Chennai lab.

United Nation's World Day against Trafficking in Persons: 30 July


The United Nations World Day against Trafficking in Persons 2017 is observed across the world on 30 July. This year, the United Nations Office on Drugs and Crime (UNODC) selected ‘Act to Protect and Assist Trafficked Persons’ as the focus of the Day.

Saturday, 29 July 2017

Shahid Khaqan Abbasi declared as interim Pakistan Prime Minister


The ruling Pakistan Muslim League has selected Minister for Petroleum and Natural Resources, Shahid Khaqan Abbasi to be the interim prime minister of Pakistan.

IOB goes live with Bharat Bill Payment system


Public sector Indian Overseas Bank has offered Bharat Bill Payment System, introduced by the National Payments Corporation of India, for its customers. BBPS is an integrated bill payment system that offers inter-operable online bill payments to customers.

Dr. Harshvardhan launches “Sagar Vani” - An Integrated Information Dissemination System


Minister of Science & Technology, Earth Sciences and Environment, Forests & Climate Change, Dr. Harshvardhan launched an app “Sagar Vani” on the occasion of Foundation Day of Ministry of Earth Sciences.

RBI sets up Supervisory Colleges for six Scheduled Commercial Banks


Reserve Bank of India (RBI) has set up Supervisory Colleges for six Scheduled Commercial Banks which have sizeable international presence: - State Bank of India, ICICI Bank Ltd., Bank of India, Bank of Baroda, Axis Bank Ltd. and Punjab National Bank.

Niti Aayog clears six proposals for high-tech public transport


Mass rapid transportation technologies such as hyperloop, metrino and pod taxis could soon be a reality in India after Niti Aayog cleared half-a-dozen proposals of the transport ministry exploring options to improve public transport.

International Tiger Day: 29 July


The 7th International Tiger Day is observed globally on 29 July. This year’s International Tiger Day would be celebrated with the slogan ‘Fresh Ecology For Tigers’ Protection’.

Iran successfully launches satellite-carrying rocket into space


Iran successfully launched its most advanced satellite-carrying rocket called ‘Simorgh’ into space. The launch took place at the Imam Khomeini National Space Station in Semnan.

NPCI receives final nod from RBI to function as Bharat Bill Payment Central Unit


National Payments Corporation of India (NPCI), the umbrella organization for all retail payment systems has received a final nod from the Reserve Bank of India to function as the Bharat Bill Payment Central Unit (BBPCU) and operate the Bharat Bill Payment System (BBPS).

Friday, 28 July 2017

Pakistan PM Nawaz Sharif resigns over Panama Papers verdict


Nawaz Sharif has resigned as prime minister of Pakistan following a decision by the country's Supreme Court to disqualify him from office.

PV Sindhu appointed Group-I officer in Andhra Pradesh


Olympic silver medallist P V Sindhu has been appointed a Group-I officer in Andhra Pradesh. Chief minister N Chandrababu Naidu handed over the government order to the Rio Olympics silver winning shuttler.

National Centre for Seismology launches an App ‘India Quake’


Union Minister of Science & Technology, Earth Sciences and Environment, Forests & Climate Change, Dr. Harshvardhan launched an app “India Quake”  for Earthquake Parameter Dissemination on the occasion of Foundation Day of Ministry of Earth Sciences.

Indonesia to host AFC U-19 championship


The Asian Football Confederation (AFC) Competition Committee  officially awarded Indonesia the hosting of the AFC Under-19 championship 2018.

World Hepatitis Day: 28 July


World Hepatitis Day (WHD) takes places every year on 28 July and brings the world together under a single theme to raise awareness of the global burden of viral hepatitis and to influence real change.

BSE inks cooperation pact with Egyptian Exchange


Leading bourse BSE joined hands with Egyptian Exchange (EGX) for cooperation in exchange of information across business areas.

Axis Bank approves re-appointment of Shikha Sharma as CEO


Axis Bank has re-appointed Shikha Sharma as MD & CEO of Axis Bank for the three-year term from June 2018. Her current term was to end in June 2018.

Punjab National Bank ties up with Bajaj Allianz General for distribution


Punjab National Bank (PNB) and Bajaj Allianz General Insurance have signed an agreement for the distribution of insurance products through the branches.

Bollywood actor Inder Kumar passes away


Bollywood actor Inder Kumar passed away recently. He was 44. Inder Kumar suffered a heart attack at his residence in Andheri’s Four Bungalows. He has worked in more than 20 films.

Mumbai Metro launches India’s first mobile ticketing system


Mumbai Metro announced the launch of India's first Mobile Ticketing System 'OnGo' which will help commuters pass the AFC gates using their mobile phones.

Ajay Singh wins bronze medal in Asian Youth and Junior Weightlifting Championships


India’s Ajay Singh has won the bronze medal in Asian Youth and Junior Weightlifting Championships at Kathmandu, taking India’s tally to three. Ajay got third place in 77 kgs men’s junior category lifting 143 kgs in snatch and 172 kgs in clean and jerk.

Amazon's Jeff Bezos briefly overtakes Gates to become world’s richest


A rally in e-retail behemoth Amazon’s share price propelled founder Jeff Bezos to the top of a list of the world’s richest individuals—for less than a day. Mr Bezos, who is also chairman and chief executive of the Seattle-based company, was worth almost $91bn (£70bn) after Amazon’s share price rose more than 1 per cent in morning trading in New York.

BRICS nations sign memorandum to facilitate taxation cooperation


Tax authorities of the five BRICS countries have signed a landmark document to establish a mechanism for taxation cooperation. The BRICS Taxation Cooperation Memorandum, signed at the fifth meeting of BRICS Heads of Tax Authorities, is the bloc’s first document that elevates taxation cooperation to the institutional level.

Thursday, 27 July 2017

Axis Bank acquires FreeCharge for Rs. 385 crore


Axis Bank announced the acquisition of Snapdeal-owned mobile payments provider Freecharge in an all-cash deal worth Rs385 crore. The deal is subject to regulatory approval from the Reserve Bank of India (RBI) and the indicative time-frame to complete the acquisition is two months, the private sector lender said in an exchange filing.

Uttarakhand records second highest tiger count in India


The count of tigers in Uttarakhand shot up to 242 with an increase of 63 big cats in the year 2017. The news was announced by Trivendra Singh Rawat, Chief Minister of Uttarakhand.

Cabinet approves revision of guidelines of Sovereign Gold Bonds Scheme


The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given approval for revision of guidelines of Sovereign Gold Bonds (SGB) Scheme with a view to achieve its intended objectives.

Dharam Singh, former Karnataka CM passes away


N. Dharam Singh, former Chief Minister of Karnataka, passed away following a heart attack. He was 80. He was the 17th Chief Minister of the state. He headed the Congress-Janata Dal (Secular) coalition government from May 2004 to February 2006.

Subhash Chandra Garg appointed as India’s Alternate Governor on the Board of Governors of ADB


Economic Affairs Secretary Subhash Chandra Garg has been appointed as Indias Alternate Governor on the Board of Governors of the Asian Development Bank (ADB), the Finance Ministry announced recently.

Microsoft launches ‘Made for India’ Kaizala app


Technology giant Microsoft has officially launched ‘Kaizala’, a productivity app that has been designed to enhance the collaboration and communication experience for Indian enterprises.

Madras High Court makes Vande Mataram mandatory in Schools, Govt. and Private Offices


The Madras High Court ruled that Vande Mataram should be sung in all schools and colleges across the state “at least once a week”, and in government and private offices “at least once a month”.

Amidst internal Rifts, Nitish Kumar takes oath as Chief Minister for the 6th time


Less than a day after resigning as Bihar chief minister, Nitish Kumar took oath at 10 am today at Raj Bhawan in Patna as the head of the government that would include BJP and its allies. Prior to this, the party of Nitish Kumar, JD-(U) was supported by Mahagathbandhan allies with Lalu Yadav led RJD.

PM Modi inaugurates APJ Abdul Kalam’s memorial in Rameswaram


Prime Minister Narendra Modi inaugurated the former President, Dr. APJ Abdul Kalam’s memorial at Pei Karumbu in Rameswaram, Tamil Nadu on the second death anniversary of the former President. Mr Modi unveils a statue of Dr. Kalam and hoisted the National flag at the memorial.

Wednesday, 26 July 2017

India to host maiden men's World Boxing Championship in 2021


The International Boxing Association (AIBA) has announced that India will host their first Men’s World Championship in 2021. The announcement was made after a two-day executive committee meeting that was held in Moscow.

SIDBI starts merchant banking operations to help MSMEs tap market


Small Industries Development Bank of India (SIDBI) has started full-fledged merchant banking operations to benefit the expanding number of growth-oriented micro, small and medium enterprises (MSMEs), especially those with a strong technology and innovation quotient.

Janalakshmi Financial Services appoints Ajay Kanwal as CEO


Gearing up for the launch of their small finance bank, Janalakshmi Financial Services (JFS), the largest microfinance company, has announced the appointment of its new CEO Ajay Kanwal.

Reliance Defence launches first two naval patrol vessels Shachi and Shruti


Reliance Infrastructure subsidiary Reliance Defence and Engineering Limited (RDEL) announced the launch of its first two Naval Offshore Patrol Vessels (NOPVs) at their shipyard in Pipavav, Gujarat.

Yatra acquires Air Travel Bureau to expand corporate travel business


Yatra Online Inc, India’s second-largest online travel operator, has acquired corporate travel services provider Air Travel Bureau (ATB).

Google CEO Sundar Pichai joins Alphabet Board of Directors


Google CEO Sundar Pichai has been appointed to the board of directors of Alphabet, the search giant’s parent company.

BRICS Youth Forum opens in Beijing


The 2017 BRICS Youth Forum opened in Beijing, China to discuss the development of the youth in the countries of the grouping. The theme of three-day forum is 'Enhance BRICS Partnership, Promote Youth Development'.

Aurionpro launches a Bank in a Box to reduce branch expansion cost for banks


Aurionpro Solutions a global leader in digital innovation, enterprise security and banking solutions, announced its Branch-in-a-Box product, the Virtual Teller Machine (VTM) a fully integrated self-service kiosk for automating 90% of banking transactions at the branch level.