Saturday, 16 Feb 2019
1.Pramod Chandra Mody named as the next CBDT chairman
*Senior bureaucrat Pramod Chandra Mody has been appointed as chairman of Central Board of Direct Taxes (CBDT), a top policy-making body for the income tax department. He has been working as the Member (Administration) in the CBDT.
2. RBI lifts cap on FPI investments in corporate bonds
The Reserve Bank of India (RBl) withdrew the 20 percent limit on investments by FPls in corporate bonds of an entity with a view to encouraging more foreign investments. It was aimed at incentivizing FPls to maintain a portfolio of assets.
3.J.P. Morgan Chase Becomes First U.S. Bank With a Cryptocurrency
*J.P. Morgan became the first U.S. bank to create and test a digital coin for payments called the JPM Coin. It is intended for the bank's wholesale payments business that moves $6 trillion around the world daily.
4.Rs 11Kcr World Bank fund for 700 dams in India
*The World Bank accepted the Government of India proposal for funding Rs 11,000 crore to rehabilitate around 700 dams. The two-day International Dam Safety conference recently concluded in Bhubaneswar, Odisha.
5.Arun Jaitley resumes charge of finance
ministry
*Union Minister Arun Jaitley resumed charge as finance minister after his return from the US. He will now address the board meeting of the Reserve Bank of India (RBl) scheduled to take place in New Delhi on 18 February.
6.Train 18 flagged off by PM Modi,
government plans 130 such trains
*Prime Minister Narendra Modi flagged off india's first semi-high-speed train, the Vande Bharat Express, carrying a contingent of journalists and Railway Minister Piyush Goyal from New Delhi to Varanasi.
7.Govt gets 10,000 crore from additional
offering of Bharat-22 ETF
*The government has raised F10,000 crore by the additional offering of Bharat-22 Exchange Traded Fund (ETF). It would help the government move towards meeting the R80,000 crore disinvestment target set for the current fiscal.
8.Bihar govt announces Mukhyamantri
Vridhajan Pension Yojna
*Bihar government has announced a universal old age pension scheme - Mukhyamantri Vridhajan Pension Yojna- MVPY for all people above 60 years of age. All will be eligible for 400 rupees monthly pension irrespective of caste, religion or community.
9.World Health Organisation: Measles cases nearly doubled in a year
*As per the World Health Organisation (WHO) report, The total number of people infected with the measles virus in 2018 was the highest this decade - three times the total reported in 2017 and 15 times the record low number of people affected in 2016.
10.PepsiCo's Kurkure signs Taapsee Pannu as brand ambassador
*Kurkure, the snack brand owned by PepsiCo india, announced that it has appointed actor Taapsee Pannu as its brand ambassador. It also unveiled a new brand positioning 'Khayal toh chatpata hai.
*Image Credit- Google Search
1.Pramod Chandra Mody named as the next CBDT chairman
 |
*Senior bureaucrat Pramod Chandra Mody has been appointed as chairman of Central Board of Direct Taxes (CBDT), a top policy-making body for the income tax department. He has been working as the Member (Administration) in the CBDT.
2. RBI lifts cap on FPI investments in corporate bonds
 |
The Reserve Bank of India (RBl) withdrew the 20 percent limit on investments by FPls in corporate bonds of an entity with a view to encouraging more foreign investments. It was aimed at incentivizing FPls to maintain a portfolio of assets.
3.J.P. Morgan Chase Becomes First U.S. Bank With a Cryptocurrency
*J.P. Morgan became the first U.S. bank to create and test a digital coin for payments called the JPM Coin. It is intended for the bank's wholesale payments business that moves $6 trillion around the world daily.
4.Rs 11Kcr World Bank fund for 700 dams in India
 |
*The World Bank accepted the Government of India proposal for funding Rs 11,000 crore to rehabilitate around 700 dams. The two-day International Dam Safety conference recently concluded in Bhubaneswar, Odisha.
5.Arun Jaitley resumes charge of finance
ministry
 |
*Union Minister Arun Jaitley resumed charge as finance minister after his return from the US. He will now address the board meeting of the Reserve Bank of India (RBl) scheduled to take place in New Delhi on 18 February.
6.Train 18 flagged off by PM Modi,
government plans 130 such trains
 |
*Prime Minister Narendra Modi flagged off india's first semi-high-speed train, the Vande Bharat Express, carrying a contingent of journalists and Railway Minister Piyush Goyal from New Delhi to Varanasi.
7.Govt gets 10,000 crore from additional
offering of Bharat-22 ETF
 |
*The government has raised F10,000 crore by the additional offering of Bharat-22 Exchange Traded Fund (ETF). It would help the government move towards meeting the R80,000 crore disinvestment target set for the current fiscal.
8.Bihar govt announces Mukhyamantri
Vridhajan Pension Yojna
*Bihar government has announced a universal old age pension scheme - Mukhyamantri Vridhajan Pension Yojna- MVPY for all people above 60 years of age. All will be eligible for 400 rupees monthly pension irrespective of caste, religion or community.
9.World Health Organisation: Measles cases nearly doubled in a year
 |
*As per the World Health Organisation (WHO) report, The total number of people infected with the measles virus in 2018 was the highest this decade - three times the total reported in 2017 and 15 times the record low number of people affected in 2016.
10.PepsiCo's Kurkure signs Taapsee Pannu as brand ambassador
 |
*Kurkure, the snack brand owned by PepsiCo india, announced that it has appointed actor Taapsee Pannu as its brand ambassador. It also unveiled a new brand positioning 'Khayal toh chatpata hai.
*Image Credit- Google Search
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