August 12, 2016
Pawan Lal
Current Affairs For Banks, Railways, UPSC, PCS & All Govt. Jobs Exams August 2016 SERIES- 5.............................
1. Cabinet gave ex-post facto approval to the amendments made to the Maternity Benefits Act, which aims to raise maternity leave for women from 12 weeks to 26 weeks. The Cabinet also gave ex-post facto nod to for amendments in the Factories Act.
1. Cabinet gave ex-post facto approval to the amendments made to the Maternity Benefits Act, which aims to raise maternity leave for women from 12 weeks to 26 weeks. The Cabinet also gave ex-post facto nod to for amendments in the Factories Act.
2. Prime Minister Narendra Modi, Russian President Vladimir Putin and Tamil Nadu Chief Minister J Jayalalithaa jointly dedicated to the nation the 1,000 MW
Kudankulam Nuclear Power Plant-I.
3. Agri-logistics Company National Collateral Management Services Ltd (NCML) entered into a strategic partnership with Syndicate Bank for collateral
management and warehousing services.
4. Union Minister for Urban Development Venkaiah Naidu inaugurated the ‘BRICS Friendship Rose Garden’ at Shanti Path, Chanakyapuri. The garden has been
developed by the New Delhi Municipal Council (NDMC).
5. Wipro Chairman Azim Premji and HCL co-founder Shiv Nadar are the only two billionaires from India to feature in the Forbes list of the world’s 100
richest people in technology. This list has been topped by Microsoft founder Bill Gates while Premji is at 13th and Nadar is at 17th place.
6. Private sector RBL Bank announced to raise Rs 1,230 crore through Initial Public Offer (IPO). This is the first IPO issued by any private sector bank in
a decade.
7. Finance Minister Arun Jaitley launched a databank to gather information about micro, small and medium enterprises. Besides this, he also launched Online
Finance Facilitation Centres to provide collective funding options for MSMEs.
8. US based tech marketing company Boomtrain acquired Bengaluru-based messaging company Nudgespot.
9. The Cabinet gave its nod for signing and ratification of an agreement between India and Croatia on economic cooperation. Its aim to promote and develop
bilateral trade and economic relations.
10. Leading stock exchange BSE has got approval from the Corporate Affairs Ministry to establish BSE International Exchange and BSE International Clearing
Corporation at Gujarat International Finance Tech-city (GIFT).
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