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  • China’s former security chief Zhou Yongkang is jailed for life

    China’s former security chief Zhou Yongkang is jailed for life

    • June 12, 2015

    A Chinese court sentenced former state security, Zhou Yongkang to life in prison for corruption and other crimes, consequent of g a Communist Party pledge to prosecute high-level malfeasance and using a secret process that sidestepped risky political outcomes. Mr. Zhou  was one of China’s most senior politicians three years ago,  will spend the his remaining

  • CS Verma steps down as SAIL CMD; Steel Secretary Rakesh Singh takes charge

    CS Verma steps down as SAIL CMD; Steel Secretary Rakesh Singh takes charge

    • June 12, 2015

    State-owned Steel Authority India Limited (SAIL) has announced that CS Verma has relinquished the charge as chairman and managing director on completion of his tenure. His position will be take over by steel secretary Rakesh Singh till a regular incumbent is appointed. CS Verma was appointed CMD of SAIL for a five-year term in June 2010 by

  • RBI allows investment in chit funds for NRIs on a non-repatriation basis

    RBI allows investment in chit funds for NRIs on a non-repatriation basis

    • June 11, 2015

    The Reserve Bank of India (RBI) has announced that non-resident Indians (NRIs) can make investments in chit funds in India on a non-repatriation basis without any ceiling. This implies that an NRI can get back the proceeds of such investments only in rupee. Earlier, NRIs were not allowed to invest in companies that were engaged in the

  • Current Affairs Quiz – June 10′ 2015

    Current Affairs Quiz – June 10′ 2015

    • June 11, 2015

    1. Name the three districts to be added to National Capital Region? a) Fariadabad, Hisar, and Karnal b) Jind, Karnal and Muzaffarnagar c) Karnal, Sonipat, and Jind d) Rohtak, Ambala, and Bhiwani 2. Who invested in the T&T franchise in Caribbean Premier League? a) Aamir Khan b) Salman Khan c) Saif Ali Khan d) Sharukh

  • African countries signed The Tripartite Free Trade Area (TFTA)

    African countries signed The Tripartite Free Trade Area (TFTA)

    • June 11, 2015

    African countries have signed The Tripartite Free Trade Area (TFTA) that give enhancements for creation of Africa’s largest free-trade zone.  The pact was signed in Egypt.  It is basically done to ease the movement of goods among 26 member countries which represent more than half the continent’s GDP. About TFTA Pact: TFTA pact combines existing

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