Current Affairs – January 2016

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Reliance capital gets CCI nod to acquire Goldman Sach’s fund arm

Reliance Capital Asset Management (RCAM) has received nod from Competition Commission of India (CCI) to acquire Goldman Sachs’s mutual funds and exchange-traded funds business in India. This approval comes after the boards of both the companies had approved the acquisition transaction. Now RCAM needs to get final nod of the Securities and Exchange Board of… Read More »


Union Government abolishes export duty on iron ore pellets

The Union Government has abolished export duty on iron ore pellets in order to make the commodity more competitive amid weakening prices due to subdued demand. In this regard Central Board of Excise and Custom (CBEC) has issued a notification mentioning that export duty on iron ore pellets has been reduced to zero from 5… Read More »


Pranav Dhanawade hits world record by scoring 1009 runs at school level tournament

15-year-old cricketer Pranav Dhanawade created a world record by scoring 1009 runs (not out) in HT Bhandari Cup, an under-16 inter-school tournament held in Mumbai (Maharashtra). With this, he also has broken a century-old cricketing record becoming the first batsman to score 1000-plus runs in an innings in any form of cricket. Key facts Pranav… Read More »


Syed Kirmani conferred with 2015 Col CK Nayudu Lifetime Achievement Award

Former Cricketer Syed Kirmani was honoured with the Col CK Nayudu Lifetime Achievement Award in Mumbai (Maharashtra) for his contribution to Indian cricket. He was presented with the award by the President of Board of Control for Cricket in India (BCCI) Shashank Manohar at the BCCI’s annual award function held in Mumbai. India’s Test captain… Read More »


Former CJI SH Kapadia passes away

Former Chief Justice of India (CJI) Sarosh Homi Kapadia passed away in Mumbai, Maharashtra. He was He was 68. His funeral was held as per Parsi tradition at Tower of Silence at Kemps Corner, South Mumbai. About SH Kapadia Kapadia was born on 29 September 1947. He had graduated from Government Law College, Mumbai. Legal… Read More »


Jharkhand first state to sign MoU with Centre for power scheme UDAY

Jharkhand, a mineral-rich but energy-deficit state has become first state in country to sign Memorandum of Understanding (MoU) on Ujwal Discom Assurance Yojana (UDAY) scheme with Union Government. In this regard a tripartite MoU was signed between the state government, Union Ministry of Power and state power distributor Jharkhand Bijli Vitaran Nigam Ltd (JBVNL). Key… Read More »