Current Affairs – August, 2015

Lenovo to make Smartphones in Chennai with Flextronics under Make in India initiative

Chinese personal computer and smartphone giant Lenovo has roped with electronics contract manufacturer Flextronics to start manufacturing facility in Sriperambudur, near Chennai. Lenovo has forayed in Indian smartphone manufacturing sector after the latest entrant Foxconn who will manufacture the phones in its facility and will invest $ 5 billion over a period of five years in Read More…

Finance Minister launches two funds for promoting MSMEs and Start-ups

On 18 August Finance Minister Arun Jaitley launched two funds the India Aspiration Fund (IAF) and SIDBI Make in India Loan for Enterprises (SMILE) under Small Industries Development Bank of India (SIDBI) in line to carter funding for start-ups and to aid small enterprises in India. SIDBI under the first fund India Aspiration Fund (IAF) would invest Read More…

Sri Lanka General Elections 2015: UNFGG emerges as largest group

United National Party (UNP) led United National Front for Good Governance (UNFGG) has emerged as largest group by winning 106 seats out of total 225 seats in Sri Lankan Parliamentary election 2015. Leader of the UNFGG and UNP and current Prime Minister Ranil Wickremesinghe is expected to form a new government with the support of Read More…

Demarcation of ESZ around Okhla Bird Sanctuary completed

Union Government has completed the demarcation of eco-sensitive zone (ESZ) around the Okhla Bird Sanctuary in the national capital region (NCR) of Delhi. It was announced by Union Environment Minister Prakash Javadekar mentioning that notification in this regard will be issued soon. Earlier, National Green Tribunal (NGT) had passed an order barring any infrastructure development Read More…

Taj Mahal world’s fifth travel hotspots: Lonely Planet

India’s historic Mughal mausoleum Taj Mahal has ranked fifth position in the prestigious list of most attractive travel hotspot in the world. It was revealed in the recently released Ultimate Travelist of Lonely Planet which has described the monument as a magnificent Mughal masterpiece. Top Four travel hotspot in the world The Temples of Angkor: Read More…