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Current Affairs for 19th to 25th August 2017

 

 

 

Current Affairs for 19th to 25th August 2017

 

  1. The Supreme Court has decided to hold the final hearing in the Ram Janmabhoomi-Babri Masjid title dispute from 5th of December and made it clear that no adjournment shall be given in any circumstance. A specially constituted bench, headed by Justice Dipak Misra, asked the contesting parties to complete the translation of the exhibits of the documents likely to be relied upon into English within 12 weeks since these were in eight different languages.
     
  2. The Centre has appointed lyricist Prasoon Joshi as Chairman of the Central Board of Film Certification, CBFC, for a period of three years. Mr Joshi has replaced former Chairman Pahlaj Nihalani. CBFC is a statutory bodt under Ministry of Information and Broadcasting, regulating the public exhibition of films under the provisions of the Cinematograph Act.
     
  3. The 15th Ministerial Meeting of Bay of Bengal Initiative for Multi-Sectoral Technical Economic cooperation (BIMSTEC) concluded at Kathmandu on 11th August. Bangladesh, Indian, Myanmar, Sri Lanka, Thailand, Bhutan and Nepal are members of BIMSTEC grouping. In a joint statement issued after the meeting the members agreed to intensify their collaborative efforts to realise the aims and purposes of the group embodied therein and pledged to make BIMSTEC stronger more effective and result oriented.
     
  4. External Affairs Minister Sushma Swaraj has met her Bhutanese counterpart Damcho Dorji in Kathmandu on the trijunction between India, China and Bhutan.
     
  5. The country’s industrial output contracted 0.1 per cent in June 2017, mainly due to a fall in output of the manufacturing and capital goods sectors. Factory output, measured in terms of the Index of Industrial Production, has grown 8 per cent in June last year.
     
  6. The government has raised the Import Duty on crude palm oil to 15 per cent from 7.5 per cent and on refined to 25 per cent from 15 per cent to curb cheaper shipments and boost local prices for supporting domestic farmers and refiners.
     
  7. The Economic Survey volume two for the year 2016-17 was tabled in Parliament on the concluding day of the monsoon session. It said achieving 6.75-7.5 per cent growth projected previously will be difficult due to appreciation of the rupee, farm loan waivers and transitionary challenges from implementing GST. The survey, however, noticed a rekindled optimism on structural reforms in Indian economy riding on various factors such as launched of GST, positive impacts of demonetization and further rationalization of energy subsidies.
     
  8. Securities and Exchange Board of India, SEBI, has introduced an online registration mechanism for custodians of securities to make it convenient for them to do business. Markets regulators said, the new system will help custodian securities to complete registration and other regulatory filings with SEBI much faster and in a cost-effective manner. It said, all applicants desirous of seeking registration as a Custodian of Securities are now required to submit their applications online only, through SEBI Intermediary Portal.
     
  9. Direct tax collections till July in the current financial year registered a growth of 19.1 per cent. The tax collection during the said period, stands at 1.90 lakh crore rupees which is 19.1 percent higher than the net collections for the corresponding period of last year.
     
  10. Shooter Maheshwari Chauhan bagged a bronze medal at the Asian Shotgun Championship to earn India’s first women’s skeet individual medal at a top international competition in Astana. Earlier Maheshwari also led India to the team silver alongside compatriots Rashmmi Rathore and Saniya Sheikh.
     
  11. Los Angeles city council has rubber-stamped the host city contract paving the way for bringing the 2028 Summer Olympics to southern California and ceding the 2024 Games to Paris The members voted 12-0 in favour of signing off on the memorandum of understanding and host city contract documents which would see the city host the Summer Games for the third time in history.


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Sunil Chopra The Cavalier Delhi +91-9873161169 contact@cavalier.in