Daily Current Affairs 10th January 2018
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Study Daily Current Affairs from Daily GK Update 10th January 2018 on Ideticedu and stay updated as well as prepare for Current Affairs section of bank exams,UPSC,BPSC, Railway & other Competitive exams.
National
1.Cabinet approves number of amendments in FDI Policy
- The Cabinet gave its approval to a number of amendments in the Foreign Direct Investment, FDI Policy.
- Currently, FDI, upto 49 per cent is allowed under automatic route but any investment beyond the limit require government approval.
- Government has decided to permit 100 per cent FDI under automatic route for SBRT.
- Approval also has been given for 100 per cent FDI under automatic route in Construction Development.
- Foreign airlines have been allowed to invest up to 49 per cent under approval route in Air India.
2.Cabinet approves fixed term for Chairperson and Members of National Trust for 3 years
- The Cabinet approved the proposal to amend Section 4(1) and Section 5(1) of the National Trust for the Welfare of Person with Autism, Cerebral Plasy, Mental Retardation and Multiple Disabilities Act, 1999 to fix the term of the Chairperson and Members of the Board of National Trust for three years.
3.Cabinet approves CCEA decision on closure of Tungabhadra Steel Products Limited
- The Cabinet approved the implementation of the CCEA decision on closure of Tungabhadra Steel Products Limited, TSPL regarding disposal of its immovable assets.
4. Karnataka Tops States with Investment Intentions of Rs. 1.49 lakh crore
Karnataka topped all states with investment intentions of Rs. 1.49 lakh crore till October 2017, according to R V Deshpande, Karnataka Minister for Large, Medium Industries and Infrastructure Development.
5.Cabinet approves continuation of MPLAD Scheme till March 31, 2020
- Cabinet Committee on Economic Affairs has given its approval to continuation of Members of Parliament Local Area Development Scheme, MPLADS, till the term of the 14th Finance Commission which is 31st March 2020.
6.Bhopal railway station 1st to get sanitary napkin dispense
- hopal railway station in Madhya Pradesh has become India’s first railway station to have a sanitary napkin vending machine.
- The machine named ‘Happy Nari’, installed by the Railway Women Welfare Association of Bhopal, dispenses two sanitary napkins for ₹5.
INTERNATIONAL
1.Saudi Arabia increases India’s Haj quota by 5,000
- Saudi Arabia has increased India’s quota of Haj pilgrims by 5,000 in the second hike in two years.
- This takes the total number of Indian pilgrims who can perform Haj to over 1.75 lakh, including the 35,000 increase in quota last year. The increase will be effective from later this year.
Banking & Economy
1.Paytm Launches Investment Arm, to Invest $10 million
Paytm has set up a new entity called Paytm Money Ltd that will offer investment and wealth management products and will invest close to $10 million upfront in the new entity.
2.Flipkart’s PhonePe Inks Pact with FreeCharge
Flipkart’s payments arm PhonePe has partnered mobile wallet company FreeCharge to allow the latter’s customers pay for transactions at PhonePe’s partner merchants.
3.World Bank Projects India’s Growth Rate at 7.3% in 2018
World Bank has projected India’s growth rate at 7.3 percent in 2018 and 7.5 for the next two years.
4.PNB Ties up with NSFDC for Assisting SC Families
Punjab National Bank (PNB) and National Scheduled Castes Finance and Development Corporation (NSFDC) have tied up to provide financial assistance for economic empowerment of persons belonging to Scheduled Caste (SC) families living below Double Poverty Line (DPL).
Sports
1.Aanchal Thakur becomes first Indian to win an international medal in skiing
Aanchal Thakur made history as she won India’s first ever international medal in skiing. The 21-year-old Manali resident clinched bronze in the coveted Alpine Ejder 3200 Cup.
2.Aditya Mehta Wins Kolkata Open 2018 International Invitation Snooker Championship
Professional player Aditya Mehta won the Kolkata Open 2018 International Invitation Snooker Championship in the capital city of West Bengal Kolkata.
Appointments
1.Rajiv Bindal elected as speaker of 13th Himachal Pradesh legislative assembly
- In Himachal Pradesh, Dr. Rajiv Bindal MLA from Nahan has been elected unanimously as speaker of 13 th Himachal Pradesh legislative assembly.
2.Dilip Asbe Appointed MD & CEO of NPCI
National Payments Corporation of India (NPCI) has appointed Dilip Asbe as Managing Director and CEO of the organisation.
