03 August 2016 - Current Affairs



7th meeting of SAARC Immigration Authorities held in Islamabad 

The seventh meeting of South Asian Association for Regional Cooperation (SAARC) Immigration Authorities was held in Islamabad, Pakistan. Pakistan’s Director General Immigration and Passports Usman A. Bajwa was unanimously elected as Chairman had chaired the meeting.


Parliament passes Benami Transactions (Prohibition) Amendment Bill, 2016
The Parliament has passed the Benami Transactions (Prohibition) Amendment Bill after it was unanimously approved by Rajya Sabha. The comprehensive amendment bill seeks to amend and strengthen Benami Transaction (Prohibition) Act, 1988 in terms of legal and administrative procedure to curb domestic black money.


Japan cabinet approves economic stimulus package worth $275 billion
Japan’s cabinet has approved an economic stimulus package worth 275 billion dollars in attempt kick-start the economy and boost growth of the world’s third-largest economy. Decision in this regard was Japanese Cabinet meeting chaired by Prime Minister Shinzo Abe in Tokyo. The Japanese government expects that this package will boost gross domestic product (GDP) by 1.3%.


Parliament passes Institutes of Technology (Amendment) Bill, 2016
The Parliament has passed the Institutes of Technology (Amendment) Bill, 2016 to set up six new Indian Institutes of Technology (IITs). The Bill seeks to amend the Institutes of Technology Act, 1961 to add six new IITs as institutions of national importance.


Rajasthan becomes first state to approve sewage & waste water policy
Rajasthan has become the first state in the country to approve sewage and waste water policy. The first of its kind policy was approved by the State Cabinet meeting presided by Chief Minister Vasundhara Raje in Jaipur.


Anant Maheshwari appointed as President of Microsoft India
Technocrat Anant Maheshwari was appointed as the President of Microsoft India, a subsidiary of US based software giant Microsoft Inc. He will join Microsoft India in September 2016 and will take over operations of the company from January 2017. He will succeed Bhaskar Pramanik who retires in March 2017. In his new role in Microsoft India, Maheshwari will be responsible for all of Microsoft’s product, service and support offerings across India.

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