TRAI recommends Rs 3,050 crore penalty on Airtel, Vodafone & Idea

Telecom Regulator Telecom Regulatory Authority of India (TRAI) has recommended Department of Telecom (DoT) to impose combined penalty of 3,050 crore rupees on Bharti Airtel, Vodafone and Idea cellular. It had mentioned that the penalty should be imposed on these telecom companies for allegedly denying interconnectivity to newcomer Reliance Jio. What is the issue? The ..

Month: Current Affairs - October, 2016

Topics: Airtel • Business • Economy • Idea • National • Telecom sector • TRAI • Vodafone

Western Zonal Council Meeting held in Mumbai

The 22nd meeting of the Western Zonal Council was recently held at Mumbai, Maharashtra under the chairmanship of Union Home Minister Rajnath Singh. The Western Zonal Council consist of the States of Maharashtra, Gujarat, Goa and Union Territories of Daman & Diu and Dadra & Nagar Haveli Key facts The meeting was attended by Chief ..

Month: Current Affairs - October, 2016

Topics: Maharashtra • National • Rajnath Singh • States • Zonal Councils

India wins 2016 Kabaddi World Cup

India has won the 2016 Kabaddi World Cup by defeating Iran by 38-29 score in the final match played at the Arena By TransStadia in Ahmedabad (Gujarat. It was India’s third consecutive Kabaddi World Cup in the Standard Style version of Kabaddi. Earlier India had won in 2004 and 2007. Captain of Indian team: Anup ..

Month: Current Affairs - October, 2016

Topics: Arena By TransStadia • Gujarat • India • Iran • Kabaddi • Sports

NABARD sanctions Rs. 19,702 crore loan to National Water Development Agency

The National Bank for Agriculture and Rural Development (NABARD) has sanctioned loan worth Rs. 19,702 crore to National Water Development Agency (NWDA). The loan will be provided through NABARD’s Long Term Irrigation Fund (LTIF) for 50 irrigation projects from 11 States. Key Facts This loan will be part of the Central share of assistance to ..

Month: Current Affairs - October, 2016

Topics: Agriculture • Irrigation • NABARD • National • National Water Development Agency

Global Conference to strengthen Arbitration & Enforcement held in New Delhi

The first ever global conference to strengthen Arbitration and Enforcement in India was held in New Delhi. The 3-day Conference was inaugurated by President Pranab Mukherjee on 21 October 2016. Key Facts The conference aims to provide impetus to commercial arbitration in country or faster and efficient dispute resolution outside the court room. It was ..

Month: Current Affairs - October, 2016

Topics: Arbitations • Business • Economy • Events • National