Daily Archive: Sunday, June 18, 2017

18 Jun 2017

RBI: India’s Current Account Deficit narrowed in 2016-17

According to Reserve Bank of India (RBI), India’s current account deficit (CAD) narrowed during 2016-17 fiscal owing to a contraction in the country’s trade deficit. The CAD for the last fiscal narrowed down to 0.7% of the GDP
18 Jun 2017

Black Money: Automatic Information Sharing with Switzerland from 2019

Switzerland has ratified automatic exchange of financial account information with India and 40 other countries. This will facilitate Switzerland to share information about suspected black money with India and other 40 nations. According to the Swiss Federal
18 Jun 2017

Vivid Sydney enters Guinness World Records for Dreamscape installations

The World’s largest festival of light, music and ideas, Vivid Sydney has entered into Guinness World Book of Records. The Guinness World Record have given the Vivid Sydney installation Dreamscape the title for the ‘Largest interactive lighting display’. The annual
18 Jun 2017

India-Afghanistan Air freight Corridor to Open Up Soon

India and Afghanistan are set to operationalize their first air freight corridor in the coming days. The first flight will be operated by Ariana Afghan Airlines, which is the Afghanistan’s national carrier. The flight which will initially operate once or
18 Jun 2017

World Day to Combat Desertification and Drought 2017 observed globally

The World Day to Combat Desertification and Drought was observed globally on 17 June 2017 with a campaign ‘Our land. Our home. Our Future’ to promote public awareness of international efforts to combat desertification. This year, the
18 Jun 2017

Aadhaar made mandatory for transactions above Rs.50,000

Stepping up its fight against tax evasion, the Centre has made it mandatory to quote the Aadhaar number for opening bank accounts and for transactions exceeding ₹50,000. With the amendments to the Prevention of Money Laundering (Maintenance
18 Jun 2017

Architect of Germany’s re-unification, Helmut Kohl passes away

Helmut Kohl, the chancellor who presided over both German reunification and the creation of the eurozone, has died aged 87. Kohl was a towering figure of European politics in the second half of the 20th century, serving
18 Jun 2017

Katy Perry Becomes First Person to Reach 100 Million Twitter Followers

Singer Katy Perry just made the news again, a few days after her she apologised and tried to make amends with Taylor Swift. This time, however, it is for creating history. On Friday, the ‘Witness’ singer and
18 Jun 2017

Prime Minister Narendra Modi inaugurates Kochi Metro

Narendra Modi inaugurates Kochi Metro: Prime Minister Narendra Modi on Saturday unveiled inaugurated the much-awaited Kochi Metro Rail service. After the inauguration, PM Modi also travelled briefly on the new metro line. Modi later addressed a large
18 Jun 2017

Sushma Swaraj inaugurates KIP for young overseas Indians

External Affairs Minister Sushma Swaraj inaugurated Know India Programme, KIP, for young overseas Indians at a function in New Delhi yesterday. Mrs Swaraj said, the programme is aimed at promoting awareness on different facets of life in
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