Important Current Affairs 26th May 2018

Important Current Affairs 26th May 2018

Current Affairs 26th May 2018: NATIONAL  NEWS

Inauguration of the first phase of Eastern Peripheral Expressway and Delhi-Meerut Expressway
●        Prime Minister Shri Narendra Modi on Sunday dedicated the two newly built Expressway Nation to Delhi National Capital Region.
●        Of these, the first 14-lane of Delhi-Meerut Expressway is accessed first phase, which stretches from Nizamuddin bridge to Delhi sub-boundary.
●        This part of 8.360 km of national highway has been prepared in record time of 18 months compared to the expected construction period of 30 months at a cost of approximately Rs 841.50 crore.

Only 4 percent of the users left LPG subsidies
 
●        On the appeal of Prime Minister Narendra Modi, almost 4 percent of cooking gas users have left the LPG subsidy.
●        If you talk about states, then this figure shows a lot of fluctuation.
●        In fact, in the case of abandoning LPG subsidy, the North-East states have been in the forefront.
●        14% in Mizoram, 12% in Nagaland and 10% in Manipur left LPG subsidy.
 
Baba Ramdev got approval for 3 new channels

●        Vedic Broadcast Limited (VBL), the company of Patanjali Group, has finally got approval to launch 3 channels.
●        These channels will be launched in Tamil, Telugu and Kannada languages next month.
●        Due to shortcomings in the application a few months ago, these channels were not approved.
●        VBL is under the control of Acharya Balkrishna, a close associate of Baba Ramdev, founder of Yoga Guru and Patanjali.
 
SEBI issues notice to Chanda Kochhar
●        Market regulator SEBI has issued notice to ICICI Bank CEO Chanda Kochhar .
●        This notice has been issued in relation to the deals between ICICI Bank's Videocon Group and Nippower.
●        This private sector bank gave this information to the stock exchanges. In Nipavar, the financial interest of Chanda's husband Deepak Kochhar has been linked.
 

Peer firm can buy supermarket chain
 
●        Samara Capital is in the last round of talks to buy Aditya Birla Retail (ABRL) supermarket chain 'More' for Rs 2,500 crore.
●        The private equity company has almost completed the peer's Du Delligens. After the Future Group, Reliance Retail and D'Mart, Mor is the country's fourth largest supermarket chain.
●        ABRL had 493 peacock brand supermarkets and 20 hypermarkets from the previous financial year.
●        In this way the company had a total of 20 million square feet of retail space.
 

Approval for Online Courses
●        University Grants Commission (UGC) approved the degree, diploma and certificate courses for online courses in the field of higher education on May 24, 2018.
●        According to the official release of UGC, online courses will be applicable from this academic session.
 

Kanpur India's Dirty Railway Station: Ministry of Railways survey
 
●        Ministry of Railways released a list of the most dirty railway stations in the country on 25th May 2018.
●        The most dirty railway stations in this list are located in Uttar Pradesh.
●        The Ministry of Railways had surveyed the country on cleanliness, train and railway stations, cleaning, catering and eating.

Current Affairs 26th May 2018: GLOBAL  NEWS

Ireland has changed decades old laws related to abortion
●        In Ireland the ban on abortion has ended. People in the referendum voted in favor of ending it.
●        According to the findings, 66.4 percent of the people voted to abolish the ban.
●        While 33.6 percent of people wanted to ban abortion.

Demand for Vedanta to be excluded from London Stock Exchange
 
●        UK opposition party Labor Party has demanded to expel Vedanta from the London Stock Exchange , in view of the death of 13 people during a protest against Sterlite Industries Plant in Tuticorin in Tamilnadu .
●        Opposition leader John McDonald said in the UK that the cancellation of the listing of Vedanta Limited from the London Stock Exchange will stop losses to the reputation of the market as this company has been engaged in illegal mining activities for years.

Lifetime ban for the Amazon user returning products
 
●        Big e-commerce sites around the world have offered a variety of offers to attract people to themselves.
●        Amazon USA has started banning customers who return 'too much' stuff.

Current Affairs 26th May 2018: AWARDS

Polish novelist wins 'Man Booker International Prize'
 
●        English translation of novel 'flights' has won the prestigious 'Man Booker International Prize'.
●        Jennifer Croft translated Olga Tokarczuk 's novel into English.
●        They will be given $ 67,000 as prize money with this honor.
●        The prize money will be shared between the author and the translator.

Current Affairs 26th May 2018: SPORTS

Hockey India selects 48 players for National camp
●        Hockey India has announced the names of 48 players for the National Camp for senior women from Bengal, from June 28 to June 9, before the FII World Cup and the FIH World Cup.
●        The Indian team, who won silver medal in the fifth Women Asian Champions Trophy, will participate in the practice camp under the guidance of coach Shard Marin from Monday.

Current Affairs 26th May 2018: ECONOMY

8.55% interest on PF for 2017-18
●        The Employees Provident Fund Organization has asked its Regional Offices to add 8.55% interest to the accounts of 50 million shareholders for the financial year 2017-18.
●        This is the lowest after the financial year 2012-13.
●        According to a letter written to more than 120 Regional Offices of EPFO , the Labor Ministry has said that the Central Government has approved the interest rate of 8.55 per cent in the provident fund accounts of the shareholders for 2017-18.
 

 Railway wants to raise Rs 1,100 crore by selling land
 
●        Indian Railways wants to raise Rs.1100 crore by selling 15 hectares of land in Sarai Rohilla, Delhi.
●        Officials of Ministry of Railways told that two Builders, Eldeca of Noida and RNA Builders of Mumbai have bid for the land.
●        This land is 5 kms from Connaught Place. is far.
 
Estimated ₹ 50,000 crore loss in government banks
 
●        Public sector banks' losses (PSBs) are going to touch the figure of Rs 50,000 crore in the January-March 2018 quarter.
●        It is more than twice the record in itself and the loss of 19,000 crore rupees in January-March 2017.
●        The huge losses to banks have been due to the strictness of the Reserve Bank of India (RBI).

Current Affairs 26th May 2018: SCHEMES

Inauguration of various development schemes in Jharkhand
 
●        Prime Minister Narendra Modi laid the foundation stone for several development projects of the Government of India and the Jharkhand government in a function organized in Sindri, Jharkhand on May 25, 2018.
●        The Prime Minister laid the foundation stone for projects worth Rs 27,000 crore.