Current Affairs – December, 2016

7th World Ayurveda Congress held in Kolkata

The 7th World Ayurveda Congress (WAC) was held from December 2 to 4, 2016 at Science City in Kolkata, West Bengal. It was organised by the World Ayurveda Foundation with the support of the Union Ministry of AYUSH to facilitate development and growth of AYUSH system of medicine comprising Ayurveda, Yoga and Naturopathy, Unani, Siddha Read More…

4 December: Navy Day

The Indian Navy Day is observed annually on 4 December to celebrate the magnificence, achievements and role of the naval force of the country. Indian Navy is one of most potent maritime forces in the world and the most lethal in Indian Ocean. On the occasion of 45th Navy Day, President Pranab Mukherjee extended greetings Read More…

Usain Bolt, Almaz Ayana crowned 2016 IAAF World Athlete of the year award

Sprint king Usain Bolt from Jamaica has been awarded the 2016 IAAF World Athlete of the Year award in male category for sixth time. Earlier he had won it in 2008, 2009, 2011, 2012 and 2013. He was rewarded for his blistering performance in 2016 season in which he won three gold medals (100m, 200m Read More…

India, Qatar inks five agreements

India and Qatar have signed five agreements including in the field of visas, cyberspace and investments. These agreements were signed after bilateral talks held between Prime Minister Narendra Modi and his Qatari counterpart Sheikh Abdullah bin Nasser bin Khalifa Al Thani in New Delhi. Singed Agreements are Protocol on Technical Cooperation in cyber space and Read More…

Public Financial Management System to save interest costs of Government

The Public Financial Management System (PFMS) after implemented on full scale will help Union Government to save a significant amount on interest costs. It will allow the government to monitor and access the more than Rs.1 lakh crore of idle funds lying with it under various heads. Once government access these funds through PFMS, it Read More…