June 2019

The Himachal Pradesh government made it mandatory for trekkers to carry a GPS device to tackle any exigency on 18 June 2019. The decision was made in a review meeting chaired by Additional Chief Secretary Shrikant Baldi on preparedness for the monsoon in Shimla. The announcement also added that it is important that trekking and other yatras must be restricted during adverse weather. […]

NITI Aayog, the government’s think tank, has proposed that only electric vehicles should be sold after 2030. The move is to expand the scope of the clean fuel technology beyond two- and three-wheelers. Proposal to Ministries: ♦ It also seeks to fix responsibility for different ministries. It had asked the Ministry of road transport and highways to prepare a framework to phase

According to the Randstad Employer Brand Research (REBR) 2019 reported that Amazon India, the E-commerce giant, is the most attractive employer brand in the country.  Amazon scored high on financial health, utilisation of latest technologies and a strong reputation.The top 10 most-attractive employer brands in India for 2019 are: 1st-Amazon India 2nd-Microsoft India 3rd-Sony India 4th-Mercedes-Benz 5th-IBM 6th-Larsen & Toubro 7th-Nestle

England captain Eoin Morgan set the world record for most sixes (17) in an One Day International (ODI). He achieved this record during his 71-ball 148-run knock against Afghanistanin World Cup on 18 June 2019. Morgan was assisted by Joe Root in the 189-run partnership for the third wicket during which Root made 88 runs off 82 balls. Previous records: The

The Reserve Bank of India had set up an eight-member expert committee under the leadership of former chairman of SEBI, UK Sinha on 18 June 2019. The aim is to review the current framework for the MSME sector.  Members of the committee: 1)Head: UK Sinha, former chairman of SEBI Other members: 2)Ram Mohan Mishra, development commissioner for MSME 3)Pankaj Jain, Joint

Om Birla has been unanimously elected as the 17th Lok Sabha Speaker with the opposition Congress coming out in support of the National Democratic Alliance (NDA)’s candidate. Birla will replace Sumitra Mahajan. Mr.Om Birla: He is a two-time Bharatiya Janata Party (BJP) member of Parliament (MP) from Rajasthan. Birla is also a member of the Standing Committee on Energy in Parliament, member of Committee on Petitions

Facebook finally unveiled the details of Libra, its cryptocurrency. Using Libra people can buy things or send money to people with nearly zero fees. It will be rolled out for use in 2020 and allow the platform’s billions of users across the globe to make financial transactions online.  The currency will be serviced by a collective of companies

The Reserve Bank of India (RBI) imposed Rs.1 crore penalty on private sector lender HDFC Bank for violating know your customer (KYC) and anti-money laundering (AML) norms. The penalty was imposed on 18 June 2019. Reason: RBI had received a reference from customs’ authorities regarding submission of forged bill of entries (BoEs) by certain importers to the bank for remittance of foreign currency. RBI’s examination revealed the violations of

Chinese President Xi Jinping is to visit North Korea for two days on 20 June.He the first Chinese leader to visit the reclusive country in 14 years. The North Korean leader Kim Jong Un invited the Chinese President for t a visit. Chinese President’s visit: The visit by Mr. Xi to Pyongyang had long been expected within diplomatic circles. The last Chinese

Amid a slowing economy and a crisis in the shadow banking sector, Prime Minister Narendra Modi is likely to meet chief executives of Indian banks on June 21 to chalk out a blueprint for the banking sector for the next five years. According to the bankers, they have been informed about the meeting, though a