Sports Sector Gets the Infrastructure Status

The Union Finance Ministry has decided that sports infrastructure will be included under the harmonised master list of infrastructure sub-sectors. Earlier, the Ministry of Youth Affairs & Sports Affairs had moved the proposal for inclusion of sports in the list to address the issue of deficit of sports infrastructure in the country. Key Facts It ..

Month: Current Affairs - October, 2016

Category: Sports Current Affairs

Topics: Fiance Ministry • infrastructure • National • Sports

PM Narendra Modi inaugurates India Sanitation conference in New Delhi

Prime Minister Narendra Modi inaugurated India Sanitation conference (INDOSAN) in New Delhi ahead of second anniversary of Swachh Bharat Mission. PM Modi in his inaugural speech highlighted need of behavioural change to achieve the dream of Swachch Bharat and also need to ensure a dirt free India like Mahatma Gandhi’s Satyagraha which was instrumental for ..

Month: Current Affairs - October, 2016

Category: Important Days & Events Current Affairs

Topics: Events • Narendra Modi • National • sanitation • Swachh Bharat Mission

OPEC agrees on modest oil production curbs

The Organisation of Petroleum Exporting Countries (OPEC) reached an agreement to cut oil production for the first time since 2008 after an informal meeting in Algiers, Algeria. It was decided that OPEC would reduce output to a range of 32.5 to 33.0 million barrels per day (bpd) from its current output at 33.24 million bpd. ..

Month: Current Affairs - October, 2016

Category: International / World Current Affairs

Topics: Algeria • International • Oil Sector • OPEC

EU ministers approve ratification of Paris climate Agreement

The European Union (EU) ministers have approved the ratification of Paris Agreement (on Climate Change). This decision brings the Paris Agreement closer to entering into force. Once approved by the European Parliament, the EU deposit its ratification instrument before national ratification processes which are completed in each member state. As of now, only 5 EU ..

Month: Current Affairs - October, 2016

Category: International / World Current Affairs

Topics: Climate change • Environment • Global warming • International • Paris Agreement on Climate Change

Infosys unveils Skava Commerce, a modular e-commerce platform

India’s second largest software services major Infosys has launched “Skava Commerce” a new standard for modern, mobile-first and modular e-commerce platform for retailers. The platform has been developed by Skava, a Silicon Valley-based e-commerce start-up that Infosys had acquired in June 2015 for 120 million dollars. Key Facts The Skava Commerce platform can help brick-and-mortar ..

Month: Current Affairs - October, 2016

Topics: Business • E-commerce • Economy • Infosys • IT sector