Current Affairs - June 10, 2017 Current Affairs

The International Olympic Committee's (IOC) Executive Board added 15 new events for the 2020 Olympics to be held in Tokyo. It would include 321 events, up from 306 at Rio 2016.

Railway Minister Suresh Prabhu inaugurated the first HR Round Table Conference of the Indian Railways in New Delhi. This policy of the railways ought to be revisited as most often wrong people have been assigned with the wrong jobs. This initiative is focused towards providing the Indian Railway with exposure to the management practices in accordance with the current times.

Union Home Minister Rajnath Singh inaugurated a 'Making of Developed India (MODI)' Fest in Jaipur. The MODI Fest makes that a reality coupling the Prime Minister's name with the idea of a developed India, a superpower India achieving its potential.

The Ministry of Civil Aviation is adding a digital experience for air travelers through DigiYatra platform. It is an industry-led initiative co-ordinated by the Ministry in line with Prime Minister Narendra Modi's Digital India's vision to transform the nation into a digitally empowered society. This helps passengers plan their trips efficiently by identifying price trends and estimate future airfares at the time of ticket booking.

Tata Consultancy Services (TCS) has announced the launch of the BaNCS app development kit that will help financial institutions develop their own apps and deploy it across devices. It aims to expand to become a chief deliverer of core systems for banking, insurance and capitals markets industries worldwide.

Scientists have discovered the hottest known planet located 650 light years from Earth, which is warmer than most stars in the universe and sports a giant, glowing gas tail like a comet. The Jupiter-like planet orbits a massive star KELT-9 every day.

NITI Aayog has launched SATH, a program providing 'Sustainable Action for Transforming Human capital' with the State Governments to initiate transformation in the education and health sectors. It will be implemented by NITI along with McKinsey & Company and IPE Global consortium in three selected states after the signing of MoUs.

Indian-American Raja Chari, a Lieutenant Colonel with the US Air Force, has been chosen for the 2017 NASA Astronaut Candidate Class. He is among 12 new astronauts. NASA selected seven men and five women who will comprise the 22nd class of American spaceflight trainees since 1959.

State Bank of Indian reduced the interest rate on new home loan above Rs. 75 lakh. SBI home loans above Rs. 75 lakhs be cheaper by 10 basis points or 0.1 per cent. The revised interest rates will be 8.55 per cent for salaried women borrowers. For others, the rate of interest will be 8.60 per cent. It will Effective from June 15, 2017.

President Pranab Mukherjee launched the 'Selfie with Daughter' mobile application to raise awareness about female foeticide and sex selection. The campaign was started by Sunil Jaglan in June 2015 in village Bibipur in Haryana's Jind district.

Canara Bank and the New India Assurance Company have entered into a corporate agency arrangement for distribution of insurance products. This allows to offer non-life insurance products to its customers across metros and tier II and III cities through the bank's extensive network of over 6,000 branches.

India signed the OECD (Organisation for Economic Co-operation and Development) multilateral convention that aims to check cross-border tax evasion by multinational companies. Union Finance Minister Arun Jaitley signed the multilateral convention in Paris, France to implement tax treaty related measures to prevent base erosion and profit shifting.

The Brazil-Russia-India-China-South Africa (BRICS) grouping established a one million dollar fund for boosting media cooperation in the five-nation grouping. This proposal aimed at the joint development of BRICS digital media, financial information services and promoting people- to-people contacts.