Current Affairs - October, 2016

India's communication satellite GSAT-18 successfully launched from French Guiana

India’s latest communication satellite GSAT-18 was successfully launched from the spaceport of Kourou in French Guiana. The satellite was launched on board of heavy duty Ariane-5 VA-231 rocket of Arianespace. It was successfully injected into a Geosynchronous Transfer Orbit (GTO). GSAT-18 was the 20th satellite from ISRO to be launched by the European space agency ..

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CCEA approves OVL’s proposal to buy 11% stake in JSC Vankorneft

The Cabinet Committee on Economic Affairs (CCEA) has given approval ONGC Videsh Limited (OVL) proposal to buy 11% stake in JSC Vankorneft. OVL will buy this stake in JSC Vankorneft from Rosneft Oil Company (Rosneft), National Oil Company of Russia which operates Vankor oil fields. OVL will pay US 930 million dollars for acquiring 11% ..

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Sushil Chandra appointed as Chairman of CBDT

The Union Government has appointed senior Indian Revenue Service (IRS) officer Sushil Chandra as the Chairman of the Central Board of Direct Taxes (CBDT). Decision in this regard was taken by the Appointments Committee of the Cabinet (ACC) chaired by Prime Minister Narendra Modi in New Delhi. Sushil Chandra is IRS officer of 1980 batch. ..

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Union Cabinet approves MoU between India and European Union on water cooperation

The Union Cabinet has given its approval for the signing Memorandum of Understanding (MoU) between India and European Union in the field of water resources. The MoU envisages strengthening technological, scientific and management capabilities of India and EU in field of water management on basis of reciprocity, equality and mutual benefit. Key Facts The MoU ..

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Union Cabinet approves MoU between India and AARDO

The Union Cabinet gave its approval to sign Memorandum of Understanding (MoU) between India and African Asian Rural Development Organization (AARDO) for capacity building programmes in the field of rural development. The MoU is being signed under which capacity building programmes for AARDO member countries for the triennium 2015 – 2017. Key Facts The capacity ..

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