CURRENT AFFAIR PART 2

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  • Abraj Kudai will be world’s biggest hotel being built in Mecca (Saudi Arabia).
  • Achal Kumar Joti has been appointed as Election Commissioner in the Election Commission of India.
  • Election commission of India consists of a chief election commissioner and two election commissioners. Currently, chief election commissioner is Nasim Zaidi and two election commissioners are Achal Kumar Joti and one seat is vacant.
  • Agriculture Ministers of G20 Countries met in Istanbul on 7-8 May 2015 to address rising challenges of food security as worl's population will rise to 9 Billion in 2050. Radha Mohan Singh, Agriculture Minister of India attended on India's Behalf and met Mr Phil Hogan, Agriculture Commissioner of European Union.
  • American boxer Floyd Mayweather Jr. defeated Manny Pacquiao from Philippines to win the unified World Welterweight title. The match was termed as Fight of the Century and was held at MGM Grand, Las Vegas (USA).
  • Andaman and Nicobar Police announced to reserve 33 % of seats of constable and sub-inspectors for women. Earlier in June 2014, Gujarat Government announced 33 % quota for women in police force.
  • Andhra Pradesh and Telangana started 5 lakh rupees Accident Insurance for transport drivers also including education of two children of the beneficiary.
  • Anurag Thakur re-elected as president of Himachal Pradesh Cricket Association (HPCA) for the fourth time in succession since 2000.
  • Apple Inc acquired Coherent Navigation to improve its Mapping capabilities.
  • Army Inducted indigenously developed supersonic surface-to-air missile Akash with strike range of 25 KM.
  • Arun Pudur, owner of software firm Celframe, named as 10th in Wealth-X List of wealthiest entrepreneur under the age of 40 with an estimated net worth of 4 billion USD.
  • Pudur is a 37 year old and founded the software firm Celframe in 1998 which produces the worlds second most popular word processor after Microsoft.
  • Nine of self-made billionaires on the Wealth-X top 10 list made their fortunes from the technology sector.
  • Youngest entrepreneur on the list is 32-year-old Leo Chen, chairman of Jumei International Holding one of Chinas largest online cosmetics retailers.
  • Wealth-X is a reputed agency on wealth intelligence, providing sales, marketing, strategy and compliance solutions to clients in the financial services, luxury, not-for-profit and education sectors.
  • Arun Shrivastava Apponted as MD & CEO of Syndicate Bank.
  • Arvind Saxena is appointed as a Member in the Union Public Service Commission.
  • As per a recent report, Small Industries Development Bank of India (SIDBI) has been implementing Mahila Udyam Nidhi and Mahila Vikas Nidhi to offer equity and developmental assistance to women for income generating activities.
  • Ashok Kumar Gupta is appointed as New Secretary of Defence Production.
  • Bangalore International Airport signed seven-year contract with IT aviation firm SITA for implementing Common Use Self Service kiosk (CUSS) platform to allow passengers to Check-In Themselves that Includes print their boarding passes and baggage tags from June 2015.
  • Bangladesh Minister of Public Administration, Begum Ismat Ara Sadique visited India.
  • Bengali Writer Suchitra Bhattacharya passed away.
  • Benjamin Netanyahu re-elected as Prime Minister of Israel (Country in Western Asia).
  • Bharat Heavy Electricals Limited (BHEL) commissioned a 195 MW thermal unit of Kanti Bijlee Utpadan Nigam Limited (KBUNL) in Muzaffarpur in Bihar.
  • Book Ahmedabad: A City in the World has been wrirtten by Amrita Shah.
  • Book China – Confucius in the Shadows is written by Poonam Surie.
  • Book Indian Bumblebees written by entomologist M.S. Saini along with Rifat H. Raina and Harpeet Singh. It states that India has 48 out of the 250 known species of bumblebees.
  • Book Pakistan Paradox: Instability and Resilience has been written by Christrophe Jaffrelot.
  • Book Super Economies has been written by Raghav Bahl.
  • Book “Unbelievable – Delhi to Islamabad’ has been written by Bhim Singh.
  • Indian Cricketer Virat Kohli is placed at 6th and Badminton Player Saina Nehwal ranked at 44th position.
  • British-Indian Priti Patel is appointed as employment minister of Britain in Prime Minister David Cameron's new cabinet.
  • Cabinet Committee on Economic Affairs (CCEA) approved 5 % disinvestment in National Thermal Power Corporation Limited (NTPC) and 10 % disinvestment in Indian Oil Corporation (IOC).
  • Cabinet Committee on Economic Affairs (CCEA) approved two major policies to improve equity in the market and help delayed projects due to various reasons -
  • First Reform is - a comprehensive Exit Policy framework to permit builders to divest 100 % of their equity two years after completion of construction. It will unlock equity from completed projects and will make it available for investment into new projects. This decision will help release equity worth Rs. 4500 crores.
  • Second Reform is - To allow National Highways Authority of India (NHAI) to intervene in delaying projects. From ongoing 240 PPP (Public private partnership) Projects, some are delaying due to land acquisition issues, grant of clearances and shortage of construction materials etc. NHAI may now provide funds to such projects on a loan basis which will be recovered with interest from toll receipts immediately after completion of construction.
  • Cabinet Committee on Economic Affairs (CCEA) increased investment limit by Government agencies in Mega Food Parks to 100 % of their equity holding from 26 % currently in the Special Purpose Vehicle (SPV). New regulation will bring more investment in food processing for smooth implementation of the Mega Food Parks Scheme (MFPS).
  • Cabinet Committee on Economic Affairs extended date of completion of National Automotive Testing and R&D Infrastructure Project (NATRiP) by three years (from 31st December 2014 to 31st December 2017).
  • Cabinet approved financial restructuring of BVFCL (Brahmaputra Valley Fertilizer Corporation Limited) and setting up an Ammonia-Urea Complex of 8.64 Lakh Metric Tonnes annual capacity with cost of Rs. 4500 crore at Namrup (Assam) on Public Private Partnership (PPP) basis.
  • Canadian Parliament (House of Commons) approved Bill C-51, Anti-Terror Act, 2015 to empowers country's spy agencies and give the Canadian Security Intelligence Service (CSIS) the ability to operate overseas and make preventative arrests.
  • Cannes Film Festival 2015 -
  • French thriller Dheepan honoured with Palme d'Or top prize
  • Indian Movie Masaan won International Federation of Film Critics (FIPRESCI) award and Promising Future Prize Ex-aequo.

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