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16th December Current Affairs
Union Cabinet approves amended DTAA between India and Tajikistan
The Union Cabinet has approved the protocol amending the agreement between India and Tajikistan. The main intention behind this agreement is to avoid the double taxation and prevention of fiscal evasion with respect to taxes on income. This agreement will enable sharing of information exchanged under the Double Taxation Avoidance Agreement with other law enforcement agencies.
60 cities selected nationwide to implement ‘Solar Cities’ program
Union Minister of State for Power Piyush Goel has recently announced that the Centre has selected 60 cities nationwide to implement the ‘Solar Cities’ program. Piyush Goel informed the that cities having a population of 50 thousand to 50 lakh are selected under the scheme.
PNB launches Mobile Wallet – PNB KITTY
Managing Director & CEO of Punjab National Bank, Usha Ananthasubramanian has recently launched the Bank’s Mobile wallet – PNB Kitty in the presence of Sh. K.V. Brahmaji Rao and Dr. Ram S. Sangapure, Executive Directors of the Bank. PNB Kitty is a digital wallet which enables a smartphone user to facilitate the online transactions using the money stored in it.
VK Sharma confirmed as new LIC chairman
The acting chief of Life Insurance Corporation of India, VK Sharma is the new chairman and managing director of the nation’s biggest insurer and investor for a period of five years. Investors will follow Sharma’s future decisions as the government has plans to use the behemoth’s funds to build infrastructure.
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VG Kannan took charge as Chief Executive IBA
V G Kannan has recently taken charge as the Chief Executive of the Indian Banks’ Association (IBA) on 14th December 2016. Kannan has retired as Managing Director & Group Executive (Associates & Subsidiaries) of State Bank of India on July 31, 2016.
Forbes ranks – PM Modi 9th among “World’s 10 most powerful people”
Prime Minister of India, Narendra Modi has been ranked among the top 10 most powerful people in the world by Forbes. Modi ranked 9th on the Forbes list of 74 Most Powerful People in the World. Forbes announced that India’s famous prime minister is hugely popular in his country of 1.3 billion people.
Pakistan successfully test-fires enhanced version of Babur cruise missile
Pakistan Army has successfully test-fired an enhanced version of a successfully designed cruise missile. It can hit targets at 700 km with all kinds of warheads. This missile will bring many Indian cities within its range. The missile is part of Babur Weapon System version- 2 since it is enhanced version of the earlier missile.
Cabinet approves ISRO and USGS for cooperation in the Exchange and use of U.S. Land Remote Sensing Satellite Data
The Union Cabinet under the guidance of Prime Minister Narendra Modi has been apprised of the Memorandum of Understanding signed between Indian Space Research Organisation (ISRO) and United States Geological Survey (USGS) for Cooperation in the exchange and use of U.S. Land Remote Sensing Satellite Data.
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Satyam Bansal Exits from Flipkart
Satyam Bansal, Chief of Staff for Executive Chairman and co-founder of Flipkart exits Flipkart. Earlier, he joined Flipkart as Associate Director of strategic product partnerships in 2013. Flipkart investors are actively looking to bring in professional management to run India’s largest e-commerce firm.
PV Sindhu Wins BWF Most Improved Player Award
Rio Olympic silver medallist PV Sindhu won Badminton World Federation (BWF) Most Improved Player of the Year Award at the Players’ Reception and Gala Dinner in Dubai.
IBPS PO Mains Result 2016 Score Card Out
IBPS has released the IBPS PO Mains Exam Score Card. Candidates who have appeared for the Probationary Officer Mains Exam can view their score card now.
Aspirants have to enter the registration/Roll Number and Date of birth to check the Scorecard