1. Govt okays 16 FDI proposals worth Rs. 6,751 cr.
i. The government
on Wednesday approved 16 foreign investment proposals, including those of
Torrent Pharmaceuticals and Star India Private Limited, amounting to Rs.
6,750.86 crore.
ii.
The proposals were cleared during the FIPB meeting held on May 28
iii. Broadcaster
Star India Private Limited has been given approval for further issuance and
transfer of shares to its foreign collaborator and acquisition of another
Indian company engaged in broadcasting sector on a slump sale basis.
iv. Syngene
International has been allowed to raise foreign investment to 44 per cent from
10 per cent by initial public offering of equity shares to FIIs, FPIs and NRIs.
2. Book titled Modi - Incredible emergence of a star
in Chinese language written by Tarun Vijay
i. A book on Prime
Minister Narendra Modi titled Modi –Incredible emergence of a star written in
Chinese language by Tarun Vijay
ii. The book was
published in July 2014 by Sichuan University’s South Asia Study Centre.
iii. The book is a
biography based on the life and economic vision of Narendra Modi.
3. ASCI launches mobile app to curb misleading
advertisements
i. In a bid to
address misleading advertisements, the Advertising Standard Council of India
(ASCI) launched its consumer complaint mobile application – ASCIonline, to
provide consumer complaint services on a mobile app besides providing the
facility online.
ii. Talking about
the initiative, Narendra Ambwani, ASCI chairman said, “One of the goals of ASCI
is to provide convenient access for lodging complaint and hence this launch of
mobile app."
iii. Lodge
complaints by simply providing advertisement details and objection. Users can
also attach the files like image or video or YouTube link of that
advertisement.
iv. Status of
complaints and complaint tracking also made simple and user-friendly.
4. Archana Ramasundaram out of CBI, appointed
Director of NCRB
i. Senior IPS
officer Archana Ramasundaram has been moved out of the CBI and appointed as
Director, National Crime Records Bureau (NCRB).
ii. Ramasundaram, a
1980 batch Indian Police Service (IPS) officer of Tamil Nadu cadre, was
appointed as Additional Director in CBI in February last year amid
controversy.She was not assigned any work on the direction of the Supreme
Court, which is hearing a writ petition against her appointment.
iii. The
Appointments Committee of Cabinet (ACC) has approved lateral shift of
Ramasundaram from the post of Additional Director, CBI to hold Director General
or equivalent level post at the Centre.
iv. Ramasundaram's
appointment last year had generated quite a controversy as the CBI locked horns
with Central Vigilance Commission (CVC) and Home Ministry over the choice.
5. Charles Correa, face of contemporary architecture
in India passes away
i. India’s greatest
contemporary architect Charles Correa passed away in Mumbai following a brief
illness. He was 84.
ii. He was Chief Architect
for Navi Mumbai along with Shirish Patel and Pravina Mehta from 1970–75.
iii. He also had
served as first Chairman of the National Commission on Urbanization and was
appointed by then Prime Minister Rajiv Gandhi in 1985.He is founder of Mumbai’s
Urban Design Research Institute (established in 1984) dedicated to protect the
environment and improve lives of urban communities.
iv. He had been
awarded the Padma Shri (1972), Padma Vibhushan (2006) by Government of India.
He was also awarded Royal Gold Medal for Architecture (1984) by the Royal
Institute of British Architects, 7th Aga Khan Award for Architecture (1998),
Praemium Imperiale of Japan.
6. Election Commission suspends recognition of PA
Sangma-led National People’s Party
i. Election
Commission of India (ECI) has suspended recognition of the PA Sangma-led
National People’s Party (NPP) which was a recognized state party in Meghalaya.
ii. The recognition
of NPP was suspended under para 16A of the Election Symbols (Reservation and
Allotment) Order, 1968 after the party failed to file the election expenditure
statement incurred in 2014 Lok Sabha elections.
iii. At present NPP
has one Lok Sabha member- PA Sangma from Tura constituency from Meghalaya. It
also has 4 members in Rajasthan Legislative assembly and 2 in Meghalaya
Legislative assembly.
7. BSNL to set up 40,000 wi-fi hot spots India
i. State owned
telecommunications giant Bharat Sanchar Nigam Limited (BSNL) has announced to
set up 40,000 Wireless Fidelity (Wi-Fi) hot spots across the country.
ii. This project
will come in lines with new digital architecture which is part of Union
Government’s flagship Digital India Programme. The 40,000 wi-fi hot spots
project will be entailed with an investment of about 6,000 crore rupees. The
project is likely to be completed by 2018.
iii. It was
announced by Union Minister of Communications & IT Ravi Shankar Prasad
after launching the Wi-Fi facility at Taj Mahal in Agra, Uttar Pradesh.
iv. BSNL has
installed the Wi-Fi facility at the premises of Taj Mahal as part of the Union
Government’s plan to provide free internet services at major tourist places
across country.