Current Affairs Nov 05, 2015

DOWNLOAD PDF

PM Modi and Justice T. S. Thakur

01. France to fund smart city projects: France will be funding over two billion euros and participate in the construction of smart cities in India. It has also been noted that India is having rapid growth and nearly half of the population of India would be living in Urban areas by 2050.

02. Government dismisses Moody’s report: Government of India dismissed a report of Moody’s by describing it as an opinion of a junior analyst and said that this was passed off as a commentary on India by the rating agency, which is sad.

03. Indirect taxes receipts go up: Indirect taxes receipts grew up by 36.5% in April – October , indicating growth in the manufacturing sector. Finance ministry officials have predicted that the country’s GDP will increase by at least 7.5% in FY16, up from 7.3% in 2015.

04. Indian Railways teams up with Odisha Government: A MoU has been signed between Indian Railways an Odisha Government to form a Special Purpose Vehicle for implementation of a number of infra structure railway projects in the state.

05. PM Launches three gold schemes for the nation: Prime Minister has launched three gold schemes (Gold Monetisation Scheme, Sovereign Gold Bonds Scheme and Indian gold coin & bullion) to reduce the physical demand for gold and also put into the Indian financial system 20,000 tonnes of the precious metal worth $800 billion lying idle in households.

06. Maldives declares emergency: The president of the Maldives President Yameen Abdul Gayoom declared a state of emergency that sharply curtails citizens’ rights for 30 days following an explosion on his speedboat and the discoveries of a homemade bomb near his residence and a weapons cache. Attorney General Mohamed Anil said President Yameen Abdul Gayoom made the decision to safeguard public safety.


07. New Chief Justice for India: Justice T S Thakur has been officially recommended to be the next Chief Justice of India. He had earlier been the Chief Justice of High Court of Delhi and Punjab. The law ministry will officially forward the recommendations to the Prime Minister’s Office and the President of India will formally approve the appointment.


08. Rate of Interest for Gold monetization scheme fixed: Government has fixed a ROI of 2.5% for the gold monetization scheme. ROI on Medium and Long Term Government Deposit (MLTGD) are 2.25 per cent and 2.20 per cent, respectively.

09. Most powerful people 2015 Forbes list released: Russian President Putin tops the list of the most powerful people 2015 according to Forbes, followed second by the German Chancellor Angela Merkel. Our Prime Minister Modi has been ranked 9th, and has improved from the 14th position last year.