27.08.2017 (RPSC) Rajasthan Current Affairs

RAJASTHAN

• Industry department looks for a ‘commerce’ makeover

• To address issues of ‘commerce’ with due diligence, the industry departmentis looking at possibilities of restructuring itself.

• In line with the Centre, the state government wants club both industry and commerce together.

• The state government agrees to follow the Centre, then the nomenclature of the department will be changed from ‘industry department’ to ‘industry and commerce department’.

• According to officials, Rajasthanis among the few states where the department is called industry department instead of industry and commerce. If the restructuring takes place, the department will also draft, implement and monitor trade policies of the state government.

INTERNATIONAL

• Google Expands Public Wi-Fi to Indonesia.

• After a successful run in India, Google has brought its public Wi-Fi programme ‘Google Station’ to Indonesia that will help improves access to Internet at railway stations and other locations.

• Google is partnering with CBN and Fiberstar to bring high-speed public Wi-Fi to hundreds of locations across Indonesia.

• Google, in collaboration with Railtel, has rolled out free Wi-Fi service at several railway stations in India, offering high-speed internet to millions of people.

• Google launched its first free WiFi services at Mumbai Central station in January 2016.

• London to Host 2018 Table Tennis Team World Cup

• England has been awarded the right to host the 2018 Table Tennis Team World Cup, which will be held in London.

• The event will take place at the Copper Box Arena in the Queen Elizabeth Olympic Park from 22-25 February.

• It will be the first major table tennis-only event to be held in London since Wembley hosted the 1954 World Championships.

• The last team World Cup was held in Dubai in 2015, in which 12 men and 12 women teams took part.

NATIONAL

• Union Government notifies Banking Regulation Amendment Act.

• The Union Government notified theBanking Regulation (Amendment) Act,
• The Parliament approved the Banking Regulation (Amendment) Bill, 2017 which replaced an ordinance in this regard.
• It empowers the Central government to authorize the Reserve Bank of India (RBI) to direct banking companies to resolve specific stressed assets.

• The RBI had identified 12 accounts each having more than Rs. 5000 crore of outstanding loans and accounting for 25% of total NPAs of banks for referral for resolution under the bankruptcy law. The bulk of the NPAs are in various sectors including power, steel, road infrastructure and textiles.

• India win U-15 SAFF Football Championship

• India football team won the South Asian Football Federation (SAFF)Under-15 Championship at the ANFA Complex.
• Bangladesh’s Foysal Ahmed declared as the top scorer of the tournament.
• India’s Vikram Pratap Singh was chosen as the Best playerof the tournament.

• P V Sindhu Won Silver at World Badminton Championship 2017
• PV Sindhu won the Silver medal in World Badminton Championship 2017.
• She got defeated by Japan’s Nozomi Okuhara.
• For India, it still is a historic edition since for the first time country’s shuttler are returning with two medals.
• Saina Nehwal won a bronze in the same tournament.

• Raghuram Rajan Pens Book ‘I Do What I Do’.

• Raghuram Rajan is all set to publish a book ‘I Do What I Do’about his tenure as Governor of the Reserve Bank of India (RBI) where he explains economic concepts and talks of issues like tolerance and connection between political freedom and prosperity.

• The book is a collection of essays and speeches during his stint as RBI head.

• This is not Mr. Rajan’s first book. He co-authored “Saving Capitalism from the Capitalists” with Luigi Zingales and wrote “Fault Lines: How Hidden Fractures Still Threaten the World Economy”, for which he was awarded the Financial Times-Goldman Sachs prize for best business book.