Current Affairs – April, 2015

Russia, Argentina sign agreements on economic & energy co-operation

Russia and Argentina have signed a series of framework agreements on economic and energy co-operation. These agreements were signed following talks between Argentine President Cristina Fernandez de Kirchner and her counterpart Russian leader Vladimir Putin in Moscow. Both leaders hailed their co-operation as a comprehensive strategic partnership. The signed agreements include Russian investment in a Read More…

India fourth largest supplier of generic medicines to US: Government

India has emerged as the fourth largest supplier of generic medicines to the United States. It was announced by Minister of State (MoS) for Chemicals and Fertilizers Hansraj Ahir gave this information in the Rajya Sabha in reply to a question. India’s generic medicines exports have touched over US 4 billion dollars in 2013-14 in Read More…

Union Government allows EPFO to invest 5% corpus in stock markets

Union Government has allowed Employees’ Provident Fund Organisation (EPFO), India’s retirement fund body to invest five per cent of its corpus in exchange traded funds i.e. in stock markets. In this regard, Union Labour ministry has notified the new investment pattern for the EPFO. The new pattern allows EPFO to invest 5% of its incremental Read More…

National Institute of Electronics and Information Technology inks MoU with Snapdeal

National Institute of Electronics and Information Technology (NIELIT) on 23 April 2015 signed a memorandum of understanding (MoU) with e-commerce giant Snapdeal to roll out digital marketing courses. The MoU aims at helping small and medium enterprises/businesses and artisans who want to take the online route to become entrepreneurs. Snapdeal by being a knowledge partner Read More…

India and France begin naval exercise ‘Varuna’

10-day naval exercise ‘Varuna’ between India and France began on 23 April 2015 off the Goa coast. It is the fourteenth edition of this naval exercise which will host of naval assets of both countries and will conclude on 3 May 2015. Scope of exercise: It will include the entire gamut of various maritime operations Read More…