Current Affairs - October, 2016

Rosneft-led consortium buys India’s Essar Oil for $13 billion

Russian consortium led energy giant Rosneft Oil Company has agreed to acquire India’s second biggest private oil firm Essar Oil in an all-cash deal valued at about US $13 billion. The consortium includes Rosneft Oil Company, Netherlands-based commodities trader Trafigura and private investment group United Capital Partners. The business transaction was announced in the presence ..

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India, Russia sign 16 agreements across diverse sectors

India and Russia have signed 16 agreements across diverse sectors including in defence, infrastructure, energy, space, ship building sectors etc. They were signed following delegation-level talks co-chaired by Prime Minister Narendra Modi and Russian President Vladimir Putin during the 17th India-Russia Annual Bilateral Summit in Goa. Some of the signed agreements are Agreement on cooperation ..

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Union Government launches satellite-based illegal Mining Detection System

Union Government has launched Mining Surveillance System (MSS), a pan-India surveillance network to check illegal mining using latest satellite technology. MSS is a satellite-based monitoring system which aims to check illegal mining activity through automatic remote-sensing detection technology in order to establish a regime of responsive mineral administration. Mining Surveillance System (MSS) Developed by Indian ..

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Brazil wins inaugural BRICS U-17 Football Tournament

Brazil has won the inaugural BRICS U-17 Football Tournament 2016 held at Goa on the occasion of the 8th BRICS hosted in India. In the final match, Brazil defeated South Africa by 5-1 goals. For Brazil goals were scored by Paulo Henrique Samapaio Filho (24th Minute), Vinicius de Oliveira (34th minute), Victor de Oliveira (40th ..

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2nd Rashtriya Sanskriti Mahotsav begins in New Delhi

The second edition of Rashtriya Sanskriti Mahotsav (RSM)-2016 was inaugurated by Union Home Minister Rajnath Singh at Indira Gandhi National Centre for Arts in New Delhi. The 10-day event aims to showcase the rich cultural heritage of India in all its rich and varied dimensions. Key Facts RSM 2016 will showcase Handicrafts, Painting, Cuisine, Photography, ..

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