Vice President Mr. Hamid Ansari is on 05 days tour
Vice President Hamid Ansari will embark on a five-day tour of Nigeria and Mali tomorrow to further strengthen India’s bilateral engagements with these two West African nations.
The visit to Mali is aimed at boosting the relationship between the two countries and explore new areas of cooperation to expand and diversify bilateral relationship.
Haryana to become Kerosene Free form April 01 2017
Haryana is all set to become kerosene free state from April 1 next year, while eight of the state’s 21 districts will get the status on Nov 1 this year.
BPL families in Ambala, Gurgaon, Jhajjar, Kurukshetra, Karnal, Panipat, Panchkula and Yamunanagar districts would get free gas connection by October 31. Supply of kerosene oil under PDS will be stopped on nov 1.
ISRO Launches SCATSAT-1 & other 07 Satellites
ISRO – Indian Space Research Organization launched SCATSAT-1 for ocean & weather related studies & other 7 co-passenger satellites today at 9:12 am on PSLV-C35. SCATSAT-1, which will provide weather forecast including cyclone detection and tracking, will succeed the now defunct Oceansat-2 satellite launched in 2009.
National Mission on Bio economy Launched
National Mission on Bioeconomy was launched in Shillong by the Institute of Bio-resources and Sustainable Development (IBSD) under the Ministry of Science and Technology.
The mission focuses on sustainable utilization of renewable biological resources for food, bio-based products and bio-energy through knowledge-based approaches.
It has potential to generate new solutions for the Earth’s major challenges in the field of energy, health, food, water, climate change and deliver social, environmental and economic benefits.
The mission is unique to south-east Asia and India has become one of the few countries to have tapped bio-resources, which when optimally utilized can create a large number of jobs at village level.
Arun Goyal is now Additional Secretary of GST Council
Senior IAS officer Arun Goyal has been appointed as Additional Secretary in the Goods and Services Tax (GST) Council.
The Council, headed by Finance Minister Arun Jaitley, is to decide tax rate, exempted goods and the threshold limits of various goods.
The Appointments Committee of Cabinet has approved Goyal’s appointment against the newly created post, an order issued by Department of Personnel and Training said.
Goyal, a 1985 batch IAS officer of Union Territory cadre, is at present working as Additional Secretary, Project Monitoring Group, Cabinet Secretariat.
Ashwin fastest Indian to reach 200 Test wickets
Ravichandran Ashwin has become the fastest Indian and second fastest overall to mark 200 Test wickets, after playing in his 37th Test against New Zealand on Sunday.
Previously, Harbhajan Singh was the fastest Indian to take 200 Test wickets, in 46 Tests. Former Kiwi cricketer Clarrie Grimmett is the fastest overall bowler to achieve the feat, in 36 matches.
05 Indian cities named in Mastercard’s top 100 global destinations’ list
Five Indian cities have made it to the Mastercard Global Destinations Cities Index of ‘Top 100 destination cities for 2016’, with Mumbai ranking at number 27, Chennai at the 30th rank, New Delhi at 48th, Kolkata at 62nd , and Pune at the 91st, MasterCard said in a press release.
In the Fastest Growing Destination Cities category, Mumbai and Chennai ranked 14 and 19, respectively, with at least one million overnight visitors in 2016.
Furthermore, Mumbai was the only Indian city to secure a spot in Asia Pacific’s ‘Top 10 Destination Cities’, in terms of International Overnight Visitors in 2016. With 4.86 million visitors along with a visitor spend of $3.6 billion (nearly Rs 23,949.9 crore) in 2016, Mumbai ranked 10th, with Shanghai preceding it.
H R Khan Committee is in limelight
H R Khan committee for development of corporate bond in August 2016 recommended that foreign portfolio investors should be allowed to trade directly in corporate bonds.
In accordance with it, the Securities Exchange Board of India now allowed foreign portfolio investors (FPI) to trade directly in corporate bonds without needing any broker.
FPIs will have an option to “directly access corporate bond market without brokers as has been allowed to domestic institutions such as Banks, Insurance Companies, Pension Funds etc”.
The FPIs can only do the trading for their own need and not on behalf of some others.
Access to Over-the -Counter (OTC), Request for Quote (RFQ) and ElectBronic Book Provider (EP) platforms of recognized stock exchanges will be provided to FPIs only for proprietary trading and participation of FPIs will help in deepening the Corporate Bond market.
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