APPOINTMENTS
Shashi
Shekhar Vempati appointed as CEO of Prasar Bharati
- Shashi Shekar Vempati appointed
as Chief Executive Officer (CEO) of Prasar Bharati.
- Shashi Shekar Vempati holds the
post for a period of five years.
- Vempati is currently serving as
a Member (part time) of the Prasar Bharati Board.
Ganeshan Neelakanta Iyer First Indian to be
nominated as a member of the Umpires and Referees Committee (URC)
- Ganeshan Neelakanta Iyer, the
only assigned competition manager of International Table Tennis Federation
(ITTF), has become the first Indian to be nominated as a member of the
Umpires and Referees Committee (URC).
- Ganeshan is also the chairman of
the South Asian Federation technical committee and a member of the
Technical Committee of the Commonwealth Table Tennis Federation.
- His term as URC member is for a
period of two years and can also be extended.
AWARDS AND HONOURS
APQN
Quality Award to NAAC for International Co-operation in Quality Assurance
- National Assessment and
Accreditation Council (NAAC) of India has received prestigious
International Award of Asia Pacific Quality Network (APQN) titled “APQN
Quality Award 2017 for International Co-operation in Quality Assurance.”
- In a special Award ceremony held
in Moscow, Russia, Dr. Jagannath Patil, Adviser, NAAC received the award
on behalf of Prof. D.P. Singh, Director, NAAC.
- APQN Quality Award are among the
most prestigious International Awards in quality assurance of higher
education.
BEML bags
Raksha Mantri’s award
- Defence public sector BEML Ltd
has bagged the Raksha Mantri’s Award for Excellence for design and
development of 180-tonne electric hydraulic excavator BE1800E.
- Deepak Kumar Hota, CMD, BEML
received the award from Defence Minister Arun Jaitley while Minister of
State for Defence Subhash Bhamre presented the certificate of excellence
to BR Viswanatha, Director-Mining & Construction, BEML.
BANKING AFFAIRS
RBI admits
prompt corrective action against Dena Bank
- The Reserve Bank of India (RBI)
has initiated prompt corrective action (PCA) for Dena Bank in view of high
net non-performing assets and negative return on assets.
- In the month of May, RBI had
initiated PCA for IDBI Bank and UCO Bank in view of negative assets.
- Prompt Corrective Action is the
action which will not have any material impact on the performance of the
bank to improve its activities.
BUSINESS AND ECONOMIC AFFAIRS
Samsung
Signs MoU with Ministry of Micro, Small and Medium Enterprises (MSME) to Set Up
2 more Tech Schools
- Samsung India signed a
memorandum of understanding (MoU) with the Ministry of Micro, Small and
Medium Enterprises (MSME) for setting up two new Samsung Technical Schools
in Bengaluru and Jamshedpur.
- As a part of Samsung’s
commitment to Government’s Beti Bachao, Beti Padhao Yojana campaign, the
company announced the MSME-Samsung Technical School Scholarship program
for girls and differently-abled trainees.
- Samsung already runs 10 schools
in the Sates of Rajasthan, Kerala, Bihar, Delhi and West Bengal.
SBI clears
100 Mw solar projects worth Rs 400 crores under World Bank programme
- State Bank of India and the
World Bank announced that they had financed 100 MW of rooftop solar
projects worth Rs400 crore in India.
- SBI got a loan of $625 million
from the World Bank via Grid-Connected Rooftop Solar PV (GRPV) projects
undertaken by developers, aggregators, end-users, for installation of
rooftop solar systems.
- With this program, SBI will
support the installation of more than 600 MW of rooftop solar capacity.
SEBI, BSE, NSE approved for Airtel-Telenor merger
- New Delhi-based
telecommunications services company Bharti Airtel received the merger
approval between Airtel andTelenor Communications.from Securities Exchange
Board of India (SEBI), Bombay Stock Exchange (BSE) and National Stock
Exchange (NSE).
- The merger is subject to other
statutory approvals including from the competition commission of India
(CCI).
- Airtel will acquire Telenor
India's running operations in seven circles - Andhra Pradesh, Bihar,
Maharashtra, Gujarat, Uttar Pradesh (East), Uttar Pradesh (West) and
Assam.
- After merging, Airtel will get
52.5 million users from Telenor kitty.
INTERNATIONAL AFFAIRS
Leo
Varadkar to be next Ireland Prime Minister
- Leo Varadkar is set to become
the Republic of Ireland's next Prime Minister after winning the leadership
of the Fine Gael party.
- He will succeed Enda Kenny.
- The 38-year-old Leo will become
the first gay Prime Minister.
NATIONAL AFFAIRS
Three Day
MODI Fest to be held in Andhra Pradesh
- Making of Developed India
(MODI), a three-day festival has been launched in Andhra Pradesh.
- It is being celebrated to mark
the successful completion of three-year rule by the Central Government.
- It will have Jan Ki Baat voice
of the people stall and a survey on Namo App, with an exhaustive list of
questions.
Haryana Cabinet approves extension of Metro rail
from Delhi to Sonepat
- The Haryana Cabinet has approved
the extension of Metro rail from Narela (Delhi) to Kundli (Sonepat
District).
- Now 50% of funds for Delhi Metro
Railways Corporation (DMRC) projects will be contributed by the Haryana
Infrastructure Development Board (20%), State Government (18%) and the
Haryana State Industrial and Infrastructure Development Corporation (12%).
- The Narela to Kundli extension
(4.86 km long) will have three stations namely Narela Sector 5, Kundli and
Nathupur.
Ralang Road Film will represent India at 52nd
Karlovy Vary International Film Festival
- The 52nd Karlovy Vary
International Film Festival will be held at Karlovy Vary in the Czech
Republic in the month of July.
- Ralang Road directed by Karma
Takapa will represent India at the festival.
- It has been nominated for the
Crystal Globe Award along with 11 other films from around the world.
Telangana CM announces 6 point comprehensive plan
for farmers
- During the occasion of State
Formation Day, Telangana Chief Minister Chandrasekhar Rao announced a 6
point comprehensive plan for farmers in Secunderabad.
- The plans include the following
points:
- 1.8 thousand rupees cash assistance
per acre per annum to each farmer in the state.
- 24/7 continuous electricity
supply.
- Formation of crop colonies and
support price for their yield.
- He also announced other
welfares such as thousand rupees social security pension for single destitute
women.
- The Chief Minister additionally
reported Rs 15,000 help to mother and child which incorporates 'KCR
Kits'worth Rs 2,000 to take care of their nutrition and health needs.
Punjab, United Kingdom join hands to promote Skill
Development
- The Punjab Government and the
United Kingdom decided to join hands for imparting skill training and
technical education to the youths of the state in order to provide them
better employment opportunities abroad.
- The signing of Memorandum of
Understanding (MoU) between Punjab and United Kingdom on June 20 would be
the first step in this direction.
- As per the MoU, the students who study
degree courses would be provided a dual certificate which would have
International recognition.
Varanasi to
get India’s 1st freight village
- Varanasi will get the country's
first 'freight village' spread over around 100 acres.
- The plan to set up this project
close to the upcoming multi-mode terminal along the Ganga has attracted
major players including Dubai Port World and IL&FS.
- A 'Freight Village' is a
specialised industrial estate which attracts companies that require
logistics services and can cluster to improve their competitiveness.
SCIENCE AND TECHNOLOGY / DEFENCE AFFAIRS
NASA's
first mission to the star set for 2018
- Wearing a nearly 5-inch coat of
carbon-composite solar shields, NASA's Parker Solar Probe will explore the
sun's atmosphere in a mission that begins in the summer of 2018.
- NASA is sending a roughly
10-foot-high ‘Parker’ probe on the historic mission that will put it
closer to the sun than any spacecraft has ever reached before.
- The specially designed mission
will also address questions that couldn't be answered before.