Current Affairs Daily Digest: February 16-17, 2017

The Current Affairs Daily Digest for February 16-17, 2017 with important tid-bits on current affairs.

National Current Affairs

Cabinet approves signing of Air Services Agreement between India and Rwanda

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President appoints five new SC judges

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SC introduces Middle Income Group Scheme

The Supreme Court has introduced Middle Income Group Scheme, (MIGS) a self-supporting scheme for providing legal services to the middle and relatively lower income groups. Under this scheme, middle class people who cannot afford the expensive litigation in the apex can avail the services of the society for a nominal amount. Read more

International Current Affairs

European Parliament approves free trade deal with Canada

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States Current Affairs

Kalimpong declared new district of West Bengal

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Edappadi K Palaniswamy sworn-in as Chief Minister of Tamil Nadu

Edappadi K Palaniswamy was sworn in as the new chief minister of Tamil Nadu. He was administered oath of office and secrecy in a simple ceremony held at the Durbar Hall of Raj Bhavan in Chennai, state capital. Along with Palaniswamy, 30 other ministers also took oath, with the total strength of the cabinet at 31. Now Palaniswamy will seek vote of confidence on the floor of the state Assembly. Read more

Banking, Business & Economy Current Affairs

Dassault, Reliance form JV for Rafale

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Airbus signs MoU for setting up centre of excellence in Hyderabad

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India ranks 143rd in 2017 Economic Freedom Index

India was ranked 143rd out of 186 economies in the annual Index of Economic Freedom 2017 that measures the degree of economic freedom in the countries of the world. The index was released by top US based Think Tank, The Heritage Foundation. In this edition, India’s overall score was 52.6 points, 3.6 points less than scored in 2016 when it was ranked 123rd. Read more

RBI allows multilateral FIs to invest in masala bonds

The Reserve Bank of India (RBI) has permitted multilateral and regional financial institutions (FIs) to invest in ‘masala bonds’, rupee denominated bonds issued by Indian entities. This decision will allow multilateral agencies like Asian Development Bank (ADB) and BRICS led New Development Bank (NDB) to invest in these bonds. Read more

Environment, Science and Technology Current Affairs

First Indian genomics beacon launched in UK

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Antarctic sea ice hits record low: Scientists

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UAE unveils 100 year plan to build first city on Mars by 2117

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Persons in News

Vikas Swarup appointed India’s High Commissioner to Canada

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Indian-origin officer Shand Panesar wins UK’s Bravery Award

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Hindi Scholar and writer Surendra Verma selected for 2016 Vyas Samman award

Renowned Hindi Scholar, litterateur and playwright Surendra Verma (75) was selected for the prestigious Vyas Samman 2016. He was chosen for this award for his novel Kaatna Shami Ka Vriksha : Padma Pankhuri Ki Dhar Se, published in 2010. Read more

Observances and Events

International Conference on NexGen Technologies for Mining and Fuel Industries held in New Delhi

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Indian Panorama Film Festival held in Port Blair

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