Arun Jaitley launches Pradhan Mantri Vaya Vandana Yojana pension scheme with 8 pct fixed rate
- There is the end of the waiting of the Pradhan Mantri Vaya Vandana Yojana- for senior citizens aged 60 or above has been going to launch finally by the Finance Minister Arun Jaitley today. Prime Minister, Narendra Modi had announced the scheme on New Year’s eve exclusively for senior citizens.
- “Considering the interest rates are falling it may not be a bad idea for senior citizens, especially those who fall in the lower tax bracket. But as the interest income will be taxable, those who fall in the higher tax bracket can also look at options such as tax free bonds,” said Anil Rego, CEO & Founder, Right Horizons.
- There is the also the scheme of the withdrawal of the money in the case of the treatment of terminal or critical illness of the person or spouse. In this case, 98 per cent of the amount invested will be refunded.
- “With interest rates moving down, this will be a good option. Since the scheme will be open for one year from the date of launch, it will advisable to wait and see during the year whether Reserve Bank of India cuts rates further or not and then decide to invest if interest rates move down further,” said Manoj Nagpal, CEO, Outlook Asia Capital.
- The Ministry of Finance is an important ministry within the Government of India concerned with the economy of India, serving as the Indian Treasury Department
- Formed: 29 October 1946
- Jurisdiction: Government of India
- Headquarters: North Block, Cabinet Secretariat, Raisina Hill, New Delhi – 110 001
- Cabinet minister: Arun Jaitley
- Minister of state: Santosh Gangwar, Arjun Ram Meghwal
- Programs: Pradhan Mantri Jan Dhan Yojana,
India, Japan civil nuclear coop deal comes into force
- On Thursday, the sign of the border that is of India-Japan civil nuclear agreement has been established. Foreign Secretary S. Jaishankar has been get and clear the all the notes in the affairs of the Japanese envoy to India to formalise the completion of the process.
- “The India-Japan Agreement for Cooperation in the Peaceful Uses of Nuclear Energy entered into force on July 20, 2017 with the exchange of diplomatic notes between Dr. S. Jaishankar, Foreign Secretary and H.E. Mr. Kenji Hiramatsu, Ambassador of Japan to India,” said a statement from the Ministry of External Affairs.
- “This Agreement is a reflection of the strategic partnership between India and Japan and will pave the way for enhanced cooperation in energy security and clean energy. It seeks to promote full cooperation between the two countries in the development and uses of nuclear energy for peaceful purposes on a stable, reliable and predictable basis,” said the statement.
- External Affairs Ministry spokesperson Gopal Baglay told reporters, “The agreement seeks to promote full cooperation between the two countries in the development and uses of nuclear energy for peaceful purposes on a stable, reliable and predictable basis,”
- Japan is an island nation in the Pacific Ocean with dense cities, imperial palaces, mountainous national parks and thousands of shrines and temples
- Shinkansen bullet trains connect the main islands of Kyushu (with Okinawa’s subtropical beaches), Honshu (home to Tokyo and Hiroshima’s atomic-bomb memorial) and Hokkaido (famous for skiing)
- Tokyo, the capital, is known for skyscrapers, shopping and pop culture
- Capital: Tokyo
- Currency: Japanese yen
- Drives on the: left
- Ethnic groups (2011): 98.5% Japanese; 0.5% Korean; 0.4% Chinese; 0.6% other
- Destinations: Tokyo, Kyoto, Osaka, Hakone, Nara, Yokohama, Kobe,
UP Assembly passes resolutions on renaming two airports
- On Friday the assembly of the Uttar Pradesh has been did in the act with the two of the civil terminals of the Kanpur and Bareilly airports after freedom fighter Ganesh Shanker Vidyarthi and as Nath Nagri respectively.
- This event is inaugurates by the Minister for Civil Aviation Nand Gopal Gupta alias Nandi, has been passed and come in the force with that opposition members, who have been boycotting the Assembly proceedings since yesterday.
- Moving the resolution on renaming the Kanpur airport, the minister said as a recognition of the contributions of social worker and freedom fighter Ganesh Shankar Vidyarthi, who stayed in Kanpur to fight the British through his writings, the civil terminal of the Chakeri airport be named after him.
- Moving the other resolution, he said the civil terminal at the Bareilly airport should be re-christened as Nath Nagri after the cultural name of the city.
- Uttar Pradesh is a state in northern India. Its city of Agra is home to the iconic Taj Mahal monument, a colossal, domed, white-marble mausoleum honouring the wife of 17th-century Mughal emperor Shah Jahan
- Nearby are the red-brick walls of Agra Fort, a fortified palace dating to the 16th and 17th centuries
- Capital Lucknow has Muslim memorial shrines Bara Imambara and calligraphy-adorned Chota Imambara
- Districts: 75
- Capitals: Lucknow, Allahabad (Judiciary)
- Points of interest: Taj Mahal, Ganges, Agra Fort, Yamuna,
President of India inaugurates the 200th anniversary celebrations of the Paika Rebellion of Odisha
- The President of India, that is Shri Pranab Mukherjeehas been celebrated the 200th aniversary of the Paika Rebellion of Odisha that is on Friday in New Delhi.
- In the term of the ceremony, the President said that it was it is the good and very true feeli8ng in the present of his honor in the inauguration of year-long celebration of Bi-Centenary of the Paika Bidroha of Odisha. On the occasion he congratulated the people of the country and especially those of Odisha.
- He said that the 40 years before the revolt of 1857, which was later termed as 1st War of Indian Independence against British Colonialism, a battle was fought under the leadership of Baxi Jagabandhu of Odisha. Many scholars, researchers and historians have opined that the Paika Rebellion of 1817 was India’s first organized armed rebellion against British Raj.
- With the all the warriors Buxi Jagabandu it is time to pay respects to other great warriors of Paika Bidroha who fought side by side such as Dinabandhu Samantray Mohapatra, Dama Subudhi Manjaraj, Samanta Madhaba Chandra Routray (Dalbehera of Tapanga), Pindiki Bahubalendra, Krutibas Patsani and many more heroes of Paika Bidroha.
- Odisha (formerly Orissa), an eastern Indian state on the Bay of Bengal, is known for its tribal cultures and its many ancient Hindu temples
- The capital, Bhubaneswar, is home to hundreds of temples, notably the intricately-carved Mukteshvara
- The Lingaraj Temple complex, dating to the 11th century, is set around sacred Bindusagar Lake
- The Odisha State Museum is focused on the area’s history and environment
- Capital: Bhubaneswar
- Official song: Bande Utkala Janani
- Destinations: Bhubaneswar, Puri, Konark, Cuttack, Chilika Lake
India presents national review report on SDG implementation in UN
- India has given its review on the act of the nation in the term of the Sustainable Development Goals (SDGs) to the UN, underscoring that as the fastest growing major economy it is “uniquely placed” to deliver on its commitments.
- “The Sustainable Development Goals are, thus, part and parcel of the country’s longstanding tradition and heritage,” Panagariya said in the report’s opening statement.
- “As the fastest growing major economy of the world, today, India is uniquely placed to deliver on its commitments to inclusive and sustainable development. Externally, the country has played a key role in shaping the SDGs and ensuring the balance among its three pillars – economic, social and environmental. Internally, it has launched many programmes to make progress towards these goals,” the report said.
- “Apart from integrating the SDGs into its on-going national and sub-national policies and programmes, India will continue to focus on nurturing partnerships at the regional and global levels,” the country’s review report said.
- The United Nations is an intergovernmental organization tasked to promote international co-operation and to create and maintain international order
- Headquarters: New York City, New York, United States
- Founded: 24 October 1945, Lake Success, New York, United States
- Secretary general: António Guterres
- Founders: Syria, United States of America, Turkey, India, Brazil, MORE
- Subsidiaries: United Nations Security Council, UNESCO, MORE
- Awards: Nobel Peace Prize, Peabody Award, Academy Award for Best Documentary Short Subject
Mike Bloomberg delivers remarks at the launch of the WHO Report on the Global Tobacco Epidemic
- In the recent report of the WHO, global tobacco epidemic given the report on Friday that finds that more countries have implemented tobacco control policies, ranging from graphic pack warnings and advertising bans to no smoking areas.
- “Governments around the world must waste no time in incorporating all the provisions of the WHO Framework Convention on Tobacco Control into their national tobacco control programmes and policies,” says Dr Tedros Adhanom Ghebreyesus, WHO Director-General. “They must also clamp down on the illicit tobacco trade, which is exacerbating the global tobacco epidemic and its related health and socioeconomic consequences.”
- “One in 10 deaths around the world is caused by tobacco, but we can change that through MPOWER tobacco control measures, which have proven highly effective,” says Michael R. Bloomberg, WHO Global Ambassador for Noncommunicable Diseases and founder of Bloomberg Philanthropies. “The progress that’s been made worldwide – and documented throughout this report – shows that it is possible for countries to turn the tide. Bloomberg Philanthropies looks forward to working with Director-General Dr Tedros and continuing our work with WHO.”
- “Countries can better protect their citizens, including children, from the tobacco industry and its products when they use tobacco monitoring systems,” says Dr Douglas Bettcher, Director of WHO’s Department for the Prevention of Noncommunicable Diseases (NCDs).
- The World Health Organization is a specialized agency of the United Nations that is concerned with international public health.
- It was established on 7 April 1948, headquartered in Geneva, Switzerland
- Headquarters: Geneva, Switzerland
- Founded: 7 April 1948
- Head: Tedros Adhanom
- Customer service: 011 6656 4800
- Formation: 7 April 1948; 69 years ago
- Founders: Syria, India, Turkey, United States of America, China,
BANKING & FINANCE
SEBI inks pact with ESMA for Information Exchange on CCPs
- On Friday the Markets regulator Sebi saidit has started its journney European Securities and Markets Authority (ESMA) for exchange of information concerning Central Counterparties (CCPs).
- “The MoU establishes cooperation arrangements, including the exchange of information regarding Central Counterparties (CCPs) which are established and authorised or recognised in India by Sebi, and which have applied for EU recognition under EMIR,” the regulator said in a release today.
- The Memorandum of Understanding (MoU) has been signed between the Securities and Exchange Board of India (Sebi) and ESMA under the European Markets Infrastructure Regulation (EMIR).
- EMIR has been get in the sign with the escape of the ESMA and the relevant non-EU authorities, of which there is the legal authority of the nation CCPs have been deemed equivalent to EMIR by the European Commission.
- Full form of SEBI- Securities and Exchange Board of India
- Formed- 12 April 1988
- Jurisdiction- Government of India
- Headquarters- Mumbai, Maharashtra
- Employees- 643+(2012)
- Agency executive- Ajay Tyagi, Chairman
BoB signs MoU with DGS&D for services to govt’s e-marketplace
- Bank of BarodaBSE -0.12 % has sighned the agreement with the Directorate General of Supplies & Disposal (DGS&D) for do its major of the spreading the many services of the banking services to Government e-Marketplace (GeM).
- The GeM SPV has get inst5alled in the nation of the palace that is the National Public Procurement Portal to provide an end-to-end online marketplace for central and state government departments, but there is the publick sector that is the, autonomous institutions and local bodies, for procurement of common goods and services in a transparent and efficient manner.
- The DGS&D shall be wound up and cease its functions by October this year. “In case it is not possible to wind up DGS&D by October 31, 2017, the department may extend the date of closure with proper justification latest up to March 31, 2018,” the Cabinet had decided.
- Bank of Baroda is an Indian state-owned International banking and financial services company headquartered in Vadodara in Gujarat, India. It is the second largest bank in India, next to State Bank Of India
- Customer service: 1800 102 4455
- Headquarters: Vadodara
- CEO: P. S. Jayakumar (13 Oct 2015–)
- Founder: Sayajirao Gaekwad III
- Founded: 20 July 1908
- Subsidiaries: Nainital Bank, Bobcards,
Arun Jaitley releases National Trade Facilitation Action Plan
- Finance Minister Arun Jaitley on Friday has inaugurates the new project for the National Trade Facilitation Action Plan and also has said that the WTO-Trade Facilitation Agreement (TFA) coming into force on February 22, 2017 was a major milestone for the global trading system.
- “With the release of this Action Plan today, we look forward to ensuring compliance with the TFA and also, impetus to trade facilitation,” Jaitley said while releasing the Action Plan.
- “This Action Plan gives a time bound map, not only for implementing TFA, but also for India’s initiatives for trade facilitation and Ease of Doing Business which goes beyond TFA,” Jaitley further added.
- Plant Quarantine and DGFT in a time-bound manner, the statement said “the co-ordination among all the stakeholders is the key to achieve the objective of trade facilitation”.
- The World Trade Organization is an intergovernmental organization that regulates international trade
- Headquarters: Geneva, Switzerland
- Purpose: Regulate international trade
- Founded: 1 January 1995
- Membership: 164 member states
- Formation: 1 January 1995; 22 years ago
- Leader: Roberto Azevêdo
Science and Technology
Astrosat, Chandra and Hubble jointly detect massive cosmic explosion
- The world’s three aerospace center that is the Astrosat, Chandra, Hubble Space Telescope and a ground-based observatory HARPS has been seen the three is the some of the coronal explosion on the nearest planet-hosting star ‘Proxima Centauri’, a top scientist revealed.
- scientist Lalitha Sairam from the Indian Institute of Astrophysics, Bengaluru, said: “The high-energy photons like the ultraviolet (UV) and X-ray photons are absorbed by the planetary atmosphere heating it to tens of thousands of Kelvin, affecting the capability of the planet to sustain its atmosphere and in particular to sustain water in liquid form”.
- “The analysis of the flare data suggests that the flux increases to several orders of magnitude in both X-rays and UV wavelengths and lasting 1800 seconds. The energy released during this flare is of the order of 10 raised to power of 30 ergs,” Sairam added.
- “The typical energy released during a solar flare is of the order of 10 raised to 26-28 erg. A similar flare on our Sun could have a devastating effect on power grid, interruption of broadcast and electricity, affect the electronic instruments as well as astronauts in space, excess ultraviolet radiation in space, additionally also atmospheric display of lights near the poles,” Singh told in the report of media.
- Astrosat is India’s first dedicated multi-wavelength space observatory
- It was launched on a PSLV-XL on 28 September 2015
- Period: 1.6 hours
- Launch date: 28 September 2015
- Rocket: Polar Satellite Launch Vehicle
- Wavelengths: Far Ultraviolet to Hard Xray
- Launch site: Satish Dhawan Space Centre First Launch Pad
- SATCAT no.: 40930
Russia’s Kazan to host 2022 World Short Course Swimming Championships
- Kazan has been chosen for the coming 2022 World Short Course Swimming Championships, President of the International Swimming Federation (FINA) Julio Maglione has told in the report of the media at Budapest on Monday.
- “We are very glad and happy that Kazan will host the World Short Course Swimming Championships. I’m sure everything will take place at the highest level. This is a bright example how the heritage of major tournaments is working,” Vladimir Salnikov, the president of the Russian Swimming Federation (RSF) said.
- “The decision taken is crucial for developing swimming in the country,” Kolobkov said. “Kazan, which already hosted the 2015 World Aquatics Championship, as well as a number of other Russian cities, is becoming a center of holding major international competitions lately. I’m sure this decision was taken mainly as the 2015 world championship was organized at the highest level.”
- “The excellent holding of a meeting of sports ministers in Tatarstan’s capital once again confirms that this country is ready not only for hosting such tournaments but is becoming a platform for communication and discussion on the pressing sports issues. Another right (to host championship) given to Russia once again confirms this. I’m sure that this is very important for developing swimming in Russia,” he added.
- Jurisdiction- International
- Founded- 19 July 1908; 108 years ago
- Affiliation Association of Summer Olympic International Federations (ASOIF)
- Headquarters- Lausanne, Switzerland
- President- Julio Maglione
Women’s cricket on brink of ‘1983 moment’
- In the starting the, Garia resident Roshni Mridha has get her full attention in the 10-year-old daughter to a gymnastic training center, mainly for the physical fitness. But beside this her doughter has been going for the cricket training and aspires to build a career in the game from last few months.
- “My husband, who is an ardent cricket fan, was awed by the recent performance by the national women’s cricket team. Thus, we got both our daughters, including the younger one who is four, signed up for cricket training. Both of them are very serious about the game,” Garia resident Roshni Mridha said.
- Chakraborty, who coaches boys at a cricket academy in Lake Gardens said, “My cricketing career had stumbled when I had a sudden injury. But I wanted my child to be a cricketer. When we had a daughter, I was in two minds whether or not to get her into cricket but she has a genuine knack for it. With the women’s team performing so well, I introduced her to the game and now she wants to be a cricketer,”
- Mukherjee, who is associated with a cricket academy in Bagbazar said, “Now, the Women in Blue have become heroes and that is an inspiration for the parents as well as budding cricketers. If India can win the cup, it would be the ‘1983 moment’ for women’s cricket in India and change the game’s overall perception,”
AWARDS & RECOGNITION
Taika Waititi crowned supreme winner at 2017 Matariki Awards
- Taika Waititi, the World renowned film-director, has won the 2017 Matariki Supreme Award. His sister Tweedie Waititi has recieved this award at the place of him and surprised the crowd with a moving speech.
- Tweedie Waititi says, “Taika and I, and his wife Chelsea are producing the re-versioning of Moana into Te Reo Māori. It’s something that we pride ourselves on, mō te reo te take.”
- Hurimoana Dennis, “This award is a huge honour to our team who have been working at Te Puea. We’re so excited.”
‘He was magic’: Canadian rock legend Kenny Shields dies
- The lead singer of classic Canadian rock band Streetheart, that is the Kenny Shields, has died at age of 69 years in a Winnipeg hospital.
- In the year 1979, Digmazio, at the age of 16, has did his second concert. Streetheart was playing the Playhouse Theatre.”I actually jumped up on stage and I kissed him and I hugged him,” Digmazio recalled.
- “And I told him the story and he remembered me and he wrote this to me: ‘To Gloria, which way is the stage? Meet you there, Kenny Shields.’ So this just means a lot to me, so it just kind of came like full-circle. That’s my favourite concert.”
- “The ones that he loved were by his side and he wasn’t in pain. And he just slipped away,” said Neill, who had known Shields since 1977. “He was sort of at peace with the world. It’s a very humbling experience when you go in and you see one of your very best friends like that, and the courage that he had there was quite something.”
July 23 1906 – Chandra Shekhar Azad Is Born
- In the year 1906, on July 23rd, the great Indian leader in the revolution, Chandra Shekhar Azad was born in Bhawra in Madhya Pradesh.
- When the Chandra Shekhar Tiwari was of only the 15 year then he has joined the non-cooperation movement that was leading by Mahatma Gandhi that was the cause of his arrest. At the day of his arrest, Chandra Shekhar took on the name ‘Azad’, which meant the liberated one.
- The Alfred Park in the Allahabad where the Chandra Shekhar has died that has named after his name that is the Chandra Shekhar Azad Park and many other buildings and schools across India have been named after him.
- The record and the files against the Azad has been preserved in the CID Headquarters in Lucknow and the pistol he used to shoot himself is on display in the Allahabad Museum within the Chandra Shekhar Azad Park.