India’s Forex reserves touch all-time high of $612.73 billion

In the week ended 16th July, India’s foreign exchange reserves rose by $835 million to touch a record high margin of $612.73 billion. In the week ended 9th July the reserves had surged to $611.895 billion from $1.883 billion.   Highlights The increase in Forex reserves was due to the rise in foreign currency assets ..

Month: Current Affairs - July, 2021

Category: Banking Current Affairs • Economy & Banking Current Affairs

Topics: Foreign currency assets • Forex Reserves • India's Foreign exchange reserves • Reserve Bank of India • Shaktikanta Das

Rules related to incorporation of companies changed

The government has amended the rules concerning to the incorporation of companies which comes under the Companies Act, 2013. From 1st September, these changes will come into effect.   Highlights Companies Act, 2013, is being implemented by the corporate affairs ministry and they have amended the Companies (Incorporation) Rules, 2014. Changes have been made to ..

Month: Current Affairs - July, 2021

Category: Economy & Banking Current Affairs • India Nation & States Current Affairs

Topics: Companies (Incorporation) Rules 2014 • Companies Act 2013 • Corporate Identity Number • incorporation of companies • Order of Regional Director Not Complied

China to activate world’s first clean Nuclear Reactor

Scientist of the Chinese government has unveiled plans for an experimental nuclear reactor that does not require water for cooling. This reactor will run on liquid thorium instead of uranium and is expected to be safer than the traditional reactors. As molten salt, when exposed to air, cools and solidifies quickly thus insulating the thorium, ..

Month: Current Affairs - July, 2021

Category: International Current Affairs • Science & Technology Current Affairs

Topics: clean Nuclear Reactor • Molten-salt reactors • President Xi Jinping • Thorium • Wuwei

Sumit Nagal: Third Indian to win Tennis singles match at Olympic

Sumit Nagal became only the third Indian tennis player to win a singles men’s match at the Olympic Games. He became the first to win for India in 25 years. He edged past Denis Istomin in this match.   Highlights Nagal went past Istomin with the score 6-4 6-7(6) 6-4. This match took two hours ..

Month: Current Affairs - July, 2021

Category: Sports Current Affairs

Topics: Daniil Medvedev • Denis Istomin • Leander Paes • Sumit Nagal • Zeeshan Ali

Govt. caps trade margin for five medical devices

So far around 620 brands have faced price reduction with the government capping trade margins on five more critical medical devices such as digital thermometer and pulse oximeter which are being used extensively in the treatment of COVID-19, at 70% which is effective from 20th July.   Highlights On July 13th, the National Pharmaceuticals Pricing ..

Month: Current Affairs - July, 2021

Topics: blood pressure monitoring machines • national list of essential medicines • National Pharmaceuticals Pricing Authority (NPPA) • Nebulisers • Pulse oximeters