Dear Readers, We cover some important news in Current Affairs Today Section, which are not covered in Daily Detailed News, More Current Affairs coverage will helpful in upcoming exam.
- India looking to expand industrial presence in SE Asia: NSIC
- Union Government launched Migrant Resources Centre in Chennai
Govt sets up Rs 1500 cr nuclear insurance pool
- The government has set up an insurance pool of Rs 1,500 crore which is mandatory to offset financial burden of foreign nuclear suppliers, under the Civil Liability for Nuclear Damage Act (CLND).
- This announcement was made by Minister of State in the Department of Atomic Energy, Jitendra Singh
- The nuclear insurance pool was formed because of the Clauses in the CLND Act, which give the operator the Right to Recourse and allow it to sue the suppliers in case of any accident were seen as being a major hindrance to the growth of the nuclear industry.
Second border haat opens in Sipahijala district of Tripura
- The second border haat (rural market) was opened for common people at Kamalasagar in Sipahijala district of Tripura bordering Brahmanbaria district of Bangladesh.
- The haat was jointly inaugurated by Prime Minister Narendra Modi and his Bangladesh counterpart Sheikh Hasina by video-conferencing from Dhaka on June 6, 2015. This market is set up at the zero line of the international border with one part on the Indian side and the other in Bangladesh.
Union Government scraps import duties on AIDS drugs and test kits
- Union Government has scrapped customs import duties for drugs and test kits used to treat Human immunodeficiency virus infection and acquired immune deficiency syndrome (HIV/AIDS).
- In this regard Central Board of Excise and Customs (CBEC) has issued a notice that will remain in effect till March 2016. This decision will help to cut prices of AIDS drugs across the country and thus help directly in Government’s national program to fight the disease.
- It will also make import raw materials that are used to make antiretrovirals under the national program cheaper. This tax exemption will be applicable to certain first-line and second-line antiretroviral drugs which are used to treat adults and children.
- Apart from drugs certain diagnostic kits and equipment are also exempted from tax. In India more than 2.1 million HIV/AIDS patients are provided with daily antiretrovirals for free from state-run distribution centres which are operated by National AIDS Control Organisation (NACO).
Haryana village launches ‘Selfie with daughter’ contest
- In a unique initiative to save girl child in Haryana, where the sex ratio has been dismally low, a village panchayat in Jind has started a contest for clicking “selfie with daughter.”
- Bibipur village panchayat has launched the contest in which parents from across the state have to take selfies with their daughters and send it to village Sarpanch Sunil Jaglan through social messaging app Whatsapp.
- The best three selfies would be awarded with trophies, certificates and cash prize, the village panchayat declared.
Moldova’s Prime Minister Chiril Gaburuci resigned
- Moldova’s prime minister resigned after state prosecutors questioned him over his school certificates. He accused the prosecutors of moving slowly over the disappearance of $US1 billion ($1.29 billion) from the country’s banks.
- Gaburici’s resignation has to be formally accepted by President Nicolae Timofti.
TCS, Infosys face US probe for H-1B visa violations
- The US government has opened an investigation against two of the biggest Indian outsourcing companies for possible violations of H1-B visa rules, according to a media report.
- The Department of Labour has opened the investigation against Tata Consultancy Services and Infosys for possible violations of rules for visas for foreign technology workers under contracts they held with an electric utility Southern California Edison
- The power company had recently laid off more than 500 technology workers amid claims that many of those laid off were made to train their replacements who were immigrants on the temporary work visas brought in by the Indian firms
- The move by the Labour Department comes days after the NYT had reported that hundreds of employees at entertainment giant Walt Disney were laid off and replaced with Indians holding H1-B visas.
China launches freight train service connecting Europe
- China today launched a freight train service between its northeastern city of Harbin and Europe, opening a new trade route to Europe covering a distance of nearly 10,000 kms.
- The train left Harbin, capital of Heilongjiang province, carrying 49 containers of domestic goods such as electronic products and auto parts worth US$ three million from northeast and north China, state-run Xinhua news agency reported.
Saudi blogger lawyer wins human rights prize
- Saudi lawyer Waleed Abu Al-Khair won the prestigious Ludovic Trarieux Prize for his work defending human rights. He is defending a blogger sentenced to 1,000 lashes and 10 years in jail for insulting Islam.
- The award which is one of the world’s oldest is presented to lawyers who through their work, activities or suffering defend the respect for human rights.
Banking & Finance
Legendary West Indies fast bowler Sir Wesley Hall inducted into the ICC Cricket Hall of fame
- Legendary West Indies fast bowler Sir Wesley Hall is the latest cricketer to be inducted into the ICC Cricket Hall of Fame.
- Hall, played 48 Tests from 1958-69 and took 192 wickets at 26.38. He was presented with a commemorative cap from fellow ICC Cricket Hall of Famer, Courtney Walsh, at Sabina Park, Jamaica,
Singer-actress Monica Lewis dies at 93
- American singer-actress Monica Lewis has passed away at the age of 93. She was best known for voicing popular cartoon series “Chiquita Banana”.