Current Affairs » August 2017 » Reliance Defence Is Now Reliance Naval And Engineering

Reliance Defence is Now Reliance Naval and Engineering
Current Affairs Headlines of 18th August, 2017

Current Affairs

→ A bizarre dinosaur, which looked like a raptor but was in fact a vegetarian, may be the ‘missing link’ between plant-eating dinosaurs and carnivores such as the dreaded Tyrannosaurus rex.

→ A Grant Agreement from the Global Environment Facility of the World Bank of $24.64 million for “Ecosystem Service Improvement Project” was signed by the govt.

→ Cabinet Approved raising of over Rs 9000 cr through NABARD for Completing Irrigation Projects.

→ City Union Bank is going to offer instant credit cards and customers can generate a credit card online.

→ Corporation Bank has bagged the best performance awards for SHG-bank linkage program for Karnataka for 2015-16 and 2016-17 from National Bank for Agriculture and Rural Development (Nabard).

→ Deathday of Subhas Chandra Bose is being observed on 18th August. He was an Indian nationalist whose defiant patriotism made him a hero in India.

→ Deepika Padukone has dropped out of Forbes magazines World’s Highest-Paid Actresses 2017 list, which is led by Hollywood actress Emma Stone.

→ Energy Efficiency Services Limited signed a MoU with Oil Marketing Companies under the Ministry of Petroleum and Natural Gas for distribution of energy efficient appliances.

→ Fiat Chrysler will join an alliance led by BMW to develop self-driving cars, intensifying a race by carmakers and technology companies to develop “Robotaxis” which can be called up via smartphone and paid for by the minute.

→ Govt has banned exports of gold jewellery, medallions & other articles with purity above 22 carats to check round tripping of precious metal.

→ HDFC Bank has reduced interest rate on savings bank accounts by 50 basis points to 3.5 % on deposits up to Rs 50 lakh.

→ In order to facilitate the availability of FASTags for Electronic Toll Collection, NHAI has taken two revolutionary steps in consultation with RBI and NPCI.

→ Karnataka Bank Ltd has ventured into social media by opening its official pages in social networking sites such as FaceBook, Twitter, Instagram, and YouTube.

→ Karur Vysya Bank Appoints P R Seshadri as MD and CEO.

→ Karur Vysya Bank rolled out an Aadhaar Enrollment Centre at its Nelson Manickam Road Branch in Chennai.

→ National Bank for Agriculture and Rural Development (Nabard) has conferred the ‘best performance award’ for 2015-16 and 2016-17 to Karnataka Vikas Grameen Bank (KVGB) for its work in the field of credit-linking joint liability groups (JLGs).

→ Preliminary results from the first ever synchronised all India Elephant Population Estimation pegs India’s Asian elephant population at 27312.

→ RBI Makes Aadhaar Linkage Mandatory for Farmers.

→ Real Madrid defeated Barcelona in the second leg of the 2017 Spanish Super Cup to seal the win at the Bernabeu, Spain.

→ Reliance Defence is Now Reliance Naval and Engineering.

→ Scientists have named a 100-million-year-old damselfly after veteran broadcaster and naturalist, Sir David Attenborough.

→ Scientists have solved the mystery of how the first animals appeared on Earth.

→ State Bank of India has launched a CSR (Corporate Social Responsibility) initiative, SBI Gram Seva, which will work in the areas of health, education, environment and rural infrastructure.

→ The 16th edition of IAAF (International Association of Athletics Federations) World Championships 2017 was held in London.

→ The Cabinet Committee on Economic Affairs (CCEA) has approved the proposal of Department of Investment and Public Asset Management (DIPAM) for the strategic disinvestment.

→ The drug price regulator National Pharmaceuticals Pricing Authority has capped the prices of orthopaedic knee implants up to 70% lower than current market prices.

→ The government has imposed a new penalty of USD 264 million (about Rs 1,700 crore) on Reliance Industries Ltd and its partners for producing less than the targeted natural gas from eastern offshore KG-D6 fields in 2015-16.

→ The Human Resource Development Ministry has announced November 13 as the date for conducting its National Assessment Survey for the students of class 3, 5 & 8.

→ The National Company Law Tribunal (NCLT) admitted proposals for the merger between Aircel and Reliance Communications wireless business, as well as the latter‘s sale of its tower business to Canada‘s Brookfield.

→ The Union Cabinet approved the creation of a non-lapsable corpus fund for secondary and higher education.

→ Uber Launches B2B Model for Business.

→ Union Cabinet has cleared MoU signing b/w India & Sweden on intellectual property right cooperation, aimed at benefiting entrepreneurs, investors & businesses.

→ US-based Rice University researchers have found a new tectonic plate in the eastern Pacific Ocean off Ecuador’s coast.

→ Yes Bank has reduced the interest rate on savings bank accounts by 1% to 5% for deposits of less than Rs 1 lakh.

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Recent One Liner Current Affairs

Current Affairs Headlines of 26th November, 2020
→ The 10th edition of National Science Film Festival began on 25 Nov 2020 in virtual mode.

Current Affairs Headlines of 25th November, 2020
→ The 5th India International Cherry Blossom Festival has been cancelled due to COVID -19 pandemic.

Current Affairs Headlines of 24th November, 2020
→ The government has approved 28 Food Processing Projects worth over 320 crore rupees.

Current Affairs Headlines of 23rd November, 2020
→ Hyderabad boy Agastya Jaiswal has claimed himself to be the first Indian student to complete his graduation at the young age.

Current Affairs Headlines of 22nd November, 2020
→ Madhya Pradesh has decided to impose night curfew in five cities due to increasing Coronavirus cases in the state.



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