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CCI approves acquisition of shares in My Home Industries

The Competition Commission of India (CCI) approves acquisition of shares in My Home Industries Private Limited by My Home Constructions Private Limited and its affiliates. The proposed combination envisages acquisition of 50% of shareholding of My Home Industries Private Limited (My Home Industries) by My Home Constructions Private Limited (MHCPL), Jupally Real Estate Developers Private […]

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India ranks 47th in house price appreciation

India ranks 47th in the world in terms of appreciation in housing prices as rates grew by only 0.6 per cent during July-September quarter over the year-ago period on slow demand. India stood at 11th position in the April-June quarter of 2019 with a 7.7 per cent year-on-year rise in home prices. Daily Current Affairs

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Russia deploys Avangard hypersonic missile system

Russia’s first regiment of Avangard hypersonic missiles has been put into service. The location was not given, although officials had earlier indicated they would be deployed in the Urals. President Vladimir Putin has said the nuclear-capable missiles can travel more than 20 times the speed of sound and put Russia ahead of other nations. They

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UN gives green light to draft treaty to combat cybercrime

The UN General Assembly approved a resolution that will start the process of drafting a new international treaty to combat cybercrime over objections from the European Union, the United States and other countries. The resolution establishes an expert committee representing all regions of the world “to elaborate a comprehensive international convention on countering the use

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5th Round of India-Japan Maritime Affairs Dialogue

The 5th Round of India-Japan Maritime Affairs Dialogue was held in Tokyo on 24 December 2019. Indian delegation was led by Shri Indra Mani Pandey, Additional Secretary, Ministry of External Affairs, while Japanese delegation was led by Ambassador Yamanaka A Osamu, Deputy Assistant Minister, Deputy Director-General in Foreign Policy Bureau. The two sides exchanged views

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Indian Railway lunched New Him Darshan Express

The Indian Railways started the Him Darshan Express train between Kalka and Shimla stations, as a Christmas gift to the people. The train has six modern and first-class AC vista-dome coaches with glass rooftop to have a panoramic view of the hilly region. A single journey will cost Rs 630 per person and no concession

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Modi launches Atal scheme on groundwater

Prime Minister Narendra Modi launched the Atal Bhujal scheme to strengthen the institutional framework for participatory groundwater management and bringing about behavioural changes at the community level for sustainable groundwater resource management in seven States. Daily Current Affairs Quiz 2019 The scheme will be implemented in about 8,350 gram panchayats in 78 districts of Gujarat,

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Good Governance Index launched on Good Governance Day

The MoS launched the ‘Good Governance Index’ at an event organized by the Ministry of Personnel, Public Grievances & Pensions, on the occasion of Good Governance Day. The Good Governance Day is observed on the birth anniversary of former Prime Minister Shri Atal Bihari Vajpayee. On the occasion, the Minister also launched the 15th edition

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Digital Radio to be launched in 2024

Information and Broadcasting Minister Prakash Javadekar has said that NDA government is bringing Digital Radio in 2024. The audio of digital radio will be more clear and its reach will be higher. The Minister said, All India Radio is an institution which is a part of people’s lives, be it music, news or entertainment. Daily

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BMTC launches new app with trip planner

The Bangalore Metropolitan Transport Corporation (BMTC), the state-government run bus service for Bengaluru and its periphery has launched its new official mobile app titled ‘My BMTC’. The app, which is currently in its beta stage, has been developed by Bengaluru school student Nihar Thakkar, who had previously made a similar app. Daily Current Affairs Quiz

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