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Weekly RoundUp (02/01/2017 – 08/01/2017) | 7 Day-News At A Glance


POLITICAL & SOCIAL:


  • The Supreme Court passed a rule that denotes the seeking for votes in the name of religion, caste or creed will be deemed as a corrupt practice and not permissible.
  • The Election Commission has set the campaign expenses limit per candidate between Rs 20 lakh & Rs 28 lakh in the five states where assembly polls will be held later this year.
  • The Gross Domestic Product (GDP) growth is estimated at 7.1% in 2016-17 as compared to 7.6% in 2015-16.
  • The Supreme Court removed Board of Control for Cricket in India (BCCI) President Anurag Thakur for allegedly lying on the oath.
  • Disabled persons might get 5% reservation in higher education institutions & 3 to 4% in govt jobs according to the Disabilities Bill which will be passed by April 2017.
  • Justice Jagdish Singh Khehar was sworn in as the Chief Justice of India.
  • Textile Minister Smriti Irani has launched a ‘Bunkar Mitra Handloom Helpline Centre where professional queries of weavers will be answered by the experts in the field.
  • David R Syiemlieh has been appointed as the Chairman of Union Public Service Commission (UPSC).
  • According to latest data released by Finance Ministry, over 26 crore accounts have been opened under ‘Pradhan Mantri Jan Dhan Yojana (PMJDY)’ across the country till date.
  • The Centre has approved an assistance of over Rs 1782.44 crore for Karnataka, this will be given to the state from Natural Disaster Relief Fund as drought relief.
  • The Election Commission of India announced the dates for the assembly elections in UP, Punjab, Manipur, Uttarakhand & Goa at a press conference.
  • Telangana and Assam signed MoUs for being a part of the Ujwal Discom Assurance Yojna (UDAY). Meanwhile, Union Minister Piyush Goyal has launched the Web Portal & Mobile App.

BUSINESS:


  • Consumer Affairs department stated that the ‘Service Charges’ in restaurants is optional.
  • India’s largest LNG importer ‘Petronet’ has signed an agreement to set up a $950 million liquefied natural gas import project in Bangladesh.
  • Over 30 Indian origin innovators, entrepreneurs & leaders have been featured in the 2017 edition of Forbes’ list of super achievers under the age of 30.
  • National Hydroelectric Power Corporation (NHPC) Chairman & Managing Director K M Singh has been conferred the Power & Energy Persona’s Award for Individual Excellence.
  • Tata Power has said that S Padmanabhan has been nominated as chairman of the board of directors of the company.
  • The government has allowed 12 lenders to raise nearly Rs 3,000 crore via preferential shares.
  • To make it easier for foreign fund managers keen to India, Sebi has notified rules under a relaxed regulatory regime.
  • Bank of Baroda has launched an agricultural investment credit for the farmers of Rajasthan.
  • Housing, auto & corporate loans are all set to become cheaper with half a dozen PSU and Private Banks reducing benchmark lending rate by up to 1.48%.
  • Paytm Payments Bank, owned by One97 Communications & its founder Vijay Shekhar Sharma, received an approval to formally launch its services from the RBI.

SPORTS:


  • Mahindra Singh Dhoni has announced to step down as captain of Team India’s limited over matches. He will be available for selection for the ODI & T20.
  • Virat Kohli was officially appointed as TeamIndia’s captain for all three formats of the game.
  • Abhinav Bindra & Prakash Padukone are part of the nine-member government panel formed to make recommendations for bringing out a comprehensive National Sports Development Code.
  • Pakistan Cricketer Younis Khan created history at the Sydney Cricket Ground smashing his 34th century & his fourth against Australia. This made him the second cricketer to hit a century in all 10 Test playing nations.

SOCIAL MEDIA: