Current Affairs

  The Lok Sabha has passed the Finance Bill, 2019 that will give effect to the proposals of the Central Government for the year 2019-20. The Finance Bill contains tax proposals for the current fiscal. The proposed amendments will promote ‘Make in India’ and Startups. 
Source: The News on AIR

 Union Minister of Human Resource Development released UGC Guide to Student Induction Programme “Deeksharambh” in New Delhi. The guide to Student Induction Programme is to help new students adjust and feel comfortable in the new environment, inculcate in them the ethos and culture of the institution, help them build bonds with other students and faculty members, and expose them to a sense of larger purpose and self-exploration.
Source: The Press Information Bureau

  INS Sagardhwani embarked on a two-month-long Sagar Maitri Mission-2 from Southern Naval Command in Kochi. INS Sagardhwani is an oceanographic research vessel of the Defence Research and Development Organisation (DRDO). Sagar Maitri is a unique initiative of the DRDO to promote closer cooperation in socio-economic aspects as well as greater scientific interaction, especially in ocean research among Indian Ocean Rim (IOR) countries.
Source: The India Today

  European Union has fined US based chipmaker Qualcomm $271 million, accusing it of “predatory pricing” to drive a competitor out of the market. Baseband chipsets are key components of mobile devices which enables it to connect to the internet. Qualcomm sold these products at a price below cost to key customers with the intention of eliminating a competitor.
Source: The Live Mint

 Indian Foreign Service officer Vivek Kumar was appointed as private secretary to Prime Minister Narendra Modi. The Appointments Committee of the Cabinet, headed by the prime minister, cleared the new assignment for Kumar, who is currently working as Director in the Prime Minister’s Office.
Source: The Business Standard

 
Former Olympic track and field athlete P T Usha has been nominated for the International Association of Athletics Federations Veteran Pin  for her ‘long and meritorious service to the cause of World Athletics’. She will receive the pin during the opening ceremony of the 52nd IAAF Congress in Doha.
Source: The Hindu

  International Cricket Council has inducted India’s batting icon Sachin Tendulkar, South African pace legend Allan Donald and two-times World Cup-winning Australian woman cricketer Cathryn Fitzpatrick into the ICC’s Hall of Fame. Other Indians on the list are Bishan Singh Bedi, Sunil Gavaskar, Kapil Dev, Anil Kumble, Rahul Dravid. Sachin Tendulkar has 34,357 runs across formats and is the only batsman to have 100 internationals hundreds under his belt.
Source: The India Today

  Bimal Jalan led six-member panel on Economic Capital Framework (ECF), formed by RBI has finalised its report on surplus RBI reserves. The panel has recommended that surplus reserves held by the central bank should be transferred to the governmentin tranches over three to five years. 
Source: The Economic Times

  National Stock Exchange has signed a pact with the Haryana government to help boost the growth of micro, small and medium enterprises sector in the state. As per the MoU:
  • NSE will support the Haryana government in enhancing the financing opportunities for MSMEs in the state, through listing on NSE’s SME exchange platform “NSE Emerge”.
  • Haryana government will explore the possibility of setting up a government-sponsored equity participation fund to invest in the fast growing SMEs in the state, on the exchange platform.
Source: The Economic Times

 
Union Health Ministry has signed an MoU with Ministries of Ayush, Defence and Railways to strengthen the efforts towards a TB-Free India by 2025. Around 28 lakh people contract the disease every year in the country and four lakh people die every year.
Source: The News on AIR


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