Page-4 of Current Affairs - July, 2015

RBS to sell private banking business in India to Sanctum Wealth

July 30, 2015

On 29 July, the Royal Bank of Scotland (RBS) has decided to sell its private banking business in India to Sanctum Wealth Management, in line of its prior decision to exit the Indian market. Britain’s largest public bank Royal Bank of ..

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Debjani Ghosh takes charge as new MAIT President

July 30, 2015

Debjani Ghosh took charge as new president of MAIT (the Manufacturers’ Association for Information Technology), the apex body of India’s Information technology hardware industry. Ghosh is the first woman President of MAIT since its inception 32 years ago. She is vice-president ..

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Kalyani Group partners with Israel’s Rafael to make Spike Missile

July 30, 2015

India’s Kalyani Group and Israel’s Rafael have partnered to produce Spike Anti-Tank Guided Missiles (ATGM) in India. In this regard both the entities have formed a manufacturing Joint Venture (JV) and this move is considered to deepen India-Israel strategic cooperation. ..

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Pakistan receives CSF tranche of $336 million dollars from US

July 30, 2015

Pakistan received 336 million dollars fund from the United States for its on-going role in combating a Taliban insurgency in its neighbouring country Afghanistan. The fund is provided by US under the Coalition Support Fund (CSF) programme which was started ..

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India ink loan agreement of $300 million with ADB for NUHM

July 29, 2015

India inked a loan agreement worth US 300 million dollar with Asian Development Bank (ADB) to support the Union Government’s flagship program of National Urban Health Mission (NUHM). It is ADB’s first health project in India and the loan funds ..

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Sports Ministry constitutes Working Group for Re-drafting of the Sports Code

July 29, 2015

Union Sports Ministry constituted a 9 member Working Group to prepare a revised draft of the National Sports Development Code (NSDC). The Working Group will be headed by Retired Delhi High Court Judge CK Mahajan and submit its recommendations within ..

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