1. Bolivia declared total independence from World Bank & IMF
Bolivia’s President Evo Morales has declared his government’s independence from World Bank and IMF.
Some of Bolivia’s largest resistance struggles in the last 60 years have targeted the economic policies carried out by the International Monetary Fund and the World Bank.
Bolivia’s popular uprising known as The Cochabamba Water War in 2000 against United States– and the associated World Bank policies shed light on some of the debt issues facing the region.
IMPORTANT
- Bolivia
- Capital: Sucre
- Currency: Boliviano
- President: Evo Morales
2. FSSAI bans stapler pins in tea bags from January 2018
The Food Safety and Authority of India (FSSAI) has banned the stapler pins in tea bags from January 2018.
It has also directed all food safety commissioners to take action to prevent the use of unsafe packaging materials by companies and take up measures for enforcement of its order.
The Food Safety and Standards Authority of India established under the Union Ministry of Health & Family Welfare.
IMPORTANT
- It has been established under the Food Safety and Standards Act, 2006.
- FSSAI is responsible for promoting public health through the regulation and supervision of food safety.
- HQ: New Delhi
3. Reliance Defence launches naval patrol vessels Shachi and Shruti
Reliance Defence launches first two naval patrol vessels Shachi and Shruti(NOPVs) – ‘Shachi’ and ‘Shruti’ – at their shipyard in Pipavav, Gujarat.
The two NOPVs — ‘Shachi’ and ‘Shruti’ — are the first warships to be launched by a private sector shipyard in India.
4. Branch-in-a-Box launches by Aurionpro Solutions
Aurionpro Solutions has launched its Branch-in-a-Box product, the Virtual Teller Machine (VTM) a fully integrated self-service kiosk for automating 90% of banking transactions at the branch level.
Aurionpro Solutions is a global leader in digital innovation, enterprise security and banking solutions.
The VTM helps in migrating routine transactions like KYC, account opening, passbook and statement printing, video assistance, bill payment, cash and cheques.
IMPORTANT
Headquartered -San Ramon, North America
CEO- Samir Shah
5. Standard Chartered Bank unveils forex card
Standard Chartered Bank has launched a Multi- currency Forex Card for overseas travelers.
The card will allow customers the convenience of loading up to 20 widely used currencies on one card with an online reload facility during overseas travel.
The card will offer travelers protection against the frequent currency fluctuations by locking in the currency exchange rate they availed during the time of loading the card, and not pay different rates every time they use the card.
IMPORTANT
About Standard Chartered Bank
- Headquartered in London, England
- Founded :1969
- Chairman :José Viñals
6. Travel portal Yatra acquires corporate bookings firm Air Travel Bureau
Yatra Online Inc, India’s second-largest online travel operator, has acquired corporate travel services provider Air Travel Bureau (ATB) in an estimated cash-and debt deal of $22.5-27.5 million.
IMPORTANT
About Yatra Online
- Industry:Online travel agency
- Founded: August 1, 2006
- Founder: Dhruv Shringi (CEO)
7. Janalakshmi Financial Services appoints Ajay Kanwal as CEO
Janalakshmi Financial Services (JFS), the largest microfinance company, has announced the appointment of its new CEO Ajay Kanwal.
He will replace VS Radhakrishnan, who will take over the role of vice chairman.
Points to remember:
About JFS
- Janalakshmi Financial Services,set up in Bengaluru in 2008 by former Citibank senior executive Ramesh Ramanathan and his wife Swati.
- Janalakshmi finance bank got license from Reserve Bank of India (RBI) to set up Small Finance Bank.
8. Veteran Actress Shakuntala Barua Gets ‘Mahanayak Samman 2017’
West Bengal Chief Minister Mamata Banerjee conferred this year’s ‘Mahanayak Samman 2017’ to veteran actress Shakuntala Barua for her contribution to the world of cinema.
For this year, Prosenjit Chatterjee and Nusrat Jahan took home the Best Actor and Best Actress awards
The Best Director, Music Director, Cinematographer and Script Writer awards went to Arindam Sil, Pt Bickram Ghosh, Shoumik Halder and Padmanabha Dasgupta.
IMPORTANT
Mahanayak Samman:
- Mahanayak Samman is bestowed upon the best talents of the Bengal’s film industry by the West Bengal State Government.
- The awards were instituted in memory of Uttam Kumar, who is widely regarded as the greatest actor of Bengali cinema, and also among the greatest actor sever in India.
- Mahanayak Awards are given on the death anniversary of Uttam Kumar.
9. Harmanpreet Kaur into top 10 of ICC Women's ODI Rankings
Harmanpreet Kaur has made a jump of seven slots to move to 6th position in the latest ICC Women’s ODI Rankings.
She is now the second India batter to feature in the top after Mithali Raj, who is ranked second - 10 points behind Australia captain Meg Lanning. Australia's Ellyse Perry is third, trailing Raj by 12 points.
Jhulan Goswami has gained four slots to reach second position in bowling.
IMPORTANT
Top 5 Players
- Meg Lanning - Australia
- Mithali Raj- India
- Ellyse Perry - Australia
- Amy Satterthwaite – New Zealand
- Suzie Bates - New Zealand
10. Konsam wins gold in Asian Youth & Junior Weightlifting Championships
Indian weightlifter Konsam Ormila Devi has bagged a gold medal at the Asian Youth and Junior Weightlifting Championships in Kathmandu, Nepal.
According to the Indian Weightlifting Federation, the weightlifter from Manipur lifted 56kg in snatch and 70kg in clean & jerk for a total effort of 126kg in the 44kg weight category to finish at the top.
IMPORTANT
- IWLF- Indian Weightlifting Federation
- Headquarters- New Delhi
- President- Birendra Prasad Baishya
11. Men's World Boxing Championship 2021: India
The International Boxing Association (AIBA) has announced that India will host their first Men’s World Championship in 2021.
The announcement was made after a two-day executive committee meeting that was held in Moscow.
The AIBA Men’s World Championships 2019 will be held in Russia city of Sochi. The 2018 Women’s World Championships will also be held in New Delhi.
The 2019 Women’s World Championships will be held in Trabzon, Turkey.
IMPORTANT
- AIBA-Association Internationale de Boxe Amateur
- Formation- 1946
- Headquarters- Lausanne, Switzerland
- President- Dr Wu Ching-kuo
