Daily Current affairs - June 7th, 2017 for all competitive exams
The University Grants Commission
(UGC) and All India Council of Technical Education (AICTE) will
soon be a thing of the past as the Prime Minister Narendra Modi-led government
at the Centre is planning to replace the two education regulators with a new
Higher Education Regulator.
- This
is being done to bring one single education regulator named HEERA in
place. Higher Education Empowerment Regulation Agency or
HEERA is the name of the new proposed regulator.
Govt.
has launched ‘Skill for Life, Save a Life’ initiative
The government
has launched the ‘Skill for Life, Save a Life’ initiative.
- ‘Skills
for Life, Save a Life’ Initiative’ aims to upscale the quantity and
quality of trained professionals in the healthcare system.
- Under this initiative various courses are planned to be
initiated targeting specific competencies for healthcare professionals as
well as for general public.
National
trust organized Inclusive India Initiative
The National
Trust under Ministry of Social Justice & Empowerment in collaboration with
key partners recently organised the conference “Inclusive India Initiative:
Towards an Inclusive India” for intellectual and developmental disabilities
(IDDs).
- The
‘Inclusive India Initiative’ of National Trust is specifically catering
to persons with intellectual and developmental disabilities; with an objective to include these people in the mainstream
and in all important aspects of social life, namely education, employment
and community ‘Inclusive India’ in about changing the attitudes.
Child-friendly HIV drug gets govt. nod
The Central Drugs Standard Control Organisation
(CDSCO) has registered the child-friendly HIV drug in oral pellet form, ending
months of uncertainty for the HIV community.
- This
has opened up crucial supplies from Cipla Pharmaceuticals, a market leader
in the HIV segment, to the National AIDS Control Programme (NACO), which
had been struggling to source quality assured paediatric formulations of
the drug.
‘Hottest’
planet in universe discovered
Scientists
have discovered the hottest known planet located 650 light years from Earth,
which is warmer than most stars in the universe and sports a giant, glowing gas
tail like a comet.
- The
Jupiter-like planet, named KELT-9b, orbits a massive star KELT-9 every day
and a half.
India signs agreement with Sri Lanka for developing
Railway sector
India signed an agreement to provide fresh
assistance of 318 million US Dollar credit line to Sri Lanka for the
development of the railway sector in the country.
- The
agreement was signed in Colombo amidst the presence of senior officials of
Sri Lanka’s finance and transport ministries.
India Signs Loan Agreement with the World Bank for
the project "Assam Citizen Centric Service Delivery"
An agreement for International Bank for
Reconstruction and Development (IBRD) Credit of USD 39.2 Million from
World Bank for the project 'Assam Citizen Centric Service
Delivery' was signed recently.
- The
loan agreement was signed by Shri Raj Kumar, Joint Secretary (MI),
Department of Economic Affairs, Ministry of Finance on behalf of the
Government of India and Mr. Hisham Abdo, Manager, Operations (India) on
behalf of the World Bank.
- The program size
is USD 49 million, of which USD 39.2 million will be financed by the Bank,
and the remaining amount will be funded out of State Budget.
Sher Bahadur Deuba elected Nepal’s Prime Minister
for the fourth time
Veteran Nepalese politician Sher Bahadur
Deuba was elected as Nepal’s Prime Minister for the fourth
time.
- He
secured 388 votes in his favor and 170 votes against him. A total of 558
were cast during the voting. He needed 297 votes in the 593-strong
Parliament to prove his majority.
- The
Nepali Congress leader has become the 40th Prime Minister of Nepal.
Montenegro becomes NATO’s 29th member
Montenegro has officially joined North
Atlantic Treaty Organization (NATO) and hence became the 29th member
country of NATO. Montenegro Foreign Minister Srdjan Darmanovic submitted the
official accession papers in a ceremony at the US State Department.
- The
move came in the face of bitter opposition from Russia, which says NATO’s
steady expansion into the former communist states of Eastern Europe
threatens its own security and cannot go unchallenged.
Centre
notifies rules on capital gains tax
The Income Tax
Department has notified rules specifying equity transactions that will attract
capital gains tax if securities transaction tax (STT) was not paid on
them.
- The
move comes after the Finance Act 2017 that aimed to curb the practice of
declaring unaccounted income as exempt long-term capital gain by entering
into sham transactions.
- This
notification shall come into force with effect from April 1, 2018, and
shall accordingly apply to assessment year 2018-19 and subsequent assessment
years.
Vijaya Bank set to develop 100 digital villages
Vijaya Bank is going to develop as many as
100 digital villages in various States of the country as part of its
initiative to promote digital banking among the rural population.
- Speaking
on the sidelines of the inauguration of the bank’s 2031st ATM at Pandit
Nehru Bus Station in the Vijayawada, Andhra Pradesh, Bank Executive
Director B.S. Rama Rao stated that Vijaya Bank is the only public sector
financial institution to develop digital villages with focus on rural
areas and it has already developed five villages including the one in
Guntur district.
CCI clears Airtel-Telenor merger
Competition Commission of India (CCI) approved
the proposed merger of Telenor (India) Communications with the Airtel.
- On
June 1, Bharti Airtel had received the approval of SEBI, BSE and NSE for
the merger.
NHB approves merger between Aadhar Housing Finance
and DHFL Vysya Housing Finance
The proposed merger between Aadhar Housing
Finance and DHFL Vysya Housing Finance has hit the final lap with it got
the nod from housing finance regulator National Housing Bank (NHB).
- Aadhar
Housing Finance Chief Executive Officer Deo Shankar Tripathi stated that
it had applied to National Company Law Tribunal (NCLT) for the next stage
approval.
- Both
the companies are owned by Wadhawan family promoted Wadhawan Global
Capital Pvt Ltd. International Finance Corporation owns 20% in Aadhar
Housing, while DHFL Vysya is fully owned by Wadhawan family.
Hoshiar Singh appointed chief of copyrights office
Senior bureaucrat Hoshiar Singh has
been appointed as Registrar of Copyrights.
- The Office of Copyrights, under the Department of Industrial Policy and Promotion, is mandated to protect the music and film industry besides addressing its concerns, among others.
Ace Parliamentarian Era Sezhiyan dead
Veteran Parliamentarian Era Sezhiyan, highly
regarded as a Constitutionalist who recommended the abolition of the Members of
Parliament Local Area Development Scheme (MPLADS), died.
- Sezhiyan republished the report of the Shah Commission constituted to go into various kinds of excesses committed during the Emergency under the title ‘Shah Commission Report Lost and Regained’.
Saudi arms dealer Adnan Khashoggi dies aged 82
Saudi arms dealer Adnan Khashoggi, a tycoon known
for his lavish billionaire lifestyle and far-reaching international
connections, has died in London at the age of 82.
- U.S.-educated Khashoggi brokered arms deals around the world, earning handsome commissions and operating in a shady business while partying with global elites.
