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Important Current Affairs 28th April 2018

Important Current Affairs 28th April 2018

Current Affairs 28th April 2018: NATIONAL  NEWS

Aditya Ghosh to resign from IndiGo's CEOpost


●        Indigo said on Friday in an unexpected announcement that its chairman and full time director Aditya Ghosh would step down from his post.
●        The company is considering making Gregory Taylor the President and CEO.
●        Prior to the appointment of Taylor, the company promoter Rahul Bhatia will be responsible for its interim CEO.

Future Group Will Now Deliver Vegetables
 
●        Future Group, which started Modern Retailing in India, is now launching e-commerce application for eGid's members on the lines of Amazon's Paid Subscription Service, Amazon Prime.
●        Kishore Biyani's Future Group will now target the everyday needs of the Consumers, from which fresh fruits to green vegetables, dairy products and other items of grocery are included.
●        Through this, the aim of the Future Group is to fight against big basket, from grofers to online grocery firms such as Amazon Now and Amazon Pantry.
 
Maruti Suzuki raises 10% profit in fourth quarter
●        The country's largest carmaker Maruti Suzuki on Friday presented the fourth quarter figure for the fiscal year 2017-18.
●        The company said that its profit increased 10% to Rs. 1,882.10 crore in the January-March 2018 quarter.
 

Reliance Jio will have 80 thousand recruits this year
 
●        Reliance Jio will make 75 thousand to 80 thousand new recruitments for the financial year 2018-19.
●        The company has partnerships with 6000 colleges including technical institutions across the country.
 

New provision of NPA is harsh for small industries: Policy Commission Vice President
●        Policy Commission Deputy Chairman Rajiv Kumar termed the new provision of the Reserve Bank on NPA as rigid for small and medium industries.
●        RBI has made provision to inform the loan within one day within a day of delay.


Approval of Memorandum of Understanding between India and São Tomé and Príncipe for cooperation in the field of traditional medicine and homeopathy
●        In the field of traditional medicine and homeopathy, for the sake of cooperation, between India and São Tomé and the Princepace, the MoU was approved with prior approval.
●        The memorandum of understanding was signed in March 2018.


National workshop on rejuvenation of rural areas by Panchayat in Jabalpur
●        On the first day of the two-day National Panchayati Raj Day program, on 23 April, a National Workshop on rejuvenation of rural areas was organized by Panchayat in Jabalpur on 23 April.
●        It was inaugurated by Shri Narendra Singh Tomar, Union Rural Development, Panchayati Raj and Mines.


New government policy to prevent leftist extremism
●        The Union Home Ministry has been implementing 'National Policy and Action Plan' for the prevention of Left Extremism (LWE) from 2015.
●        In this, multi-dimensional policy has been prepared including measures related to safety and development.

Current Affairs 28th April 2018: ECONOMY

RIL's earned profit of Rs 9,435 crore


●        Mukesh Ambani's Proprietary Rights of Reliance Industries Limited (RIL) has declared results for the fourth quarter.
●        In the fourth quarter ended March 31, the company has earned a net profit of 9,435 crore.
●        On Friday, the company gave information on this issue to the stock exchanges by issuing notifications.
●        In the financial year 2017-18, the company has a net profit of 36,075 crores.


Idea Cellular's loss tripled to 930.6 million rupees
●        Due to the price war, the financial condition of other telecom companies, except for Geo, is constantly getting worse.
●        In the fourth quarter of fiscal year 2018, Idea Cellular's loss has increased threefold to 930.6 crore rupees.
●        Operating revenues of Rs 6,137.3 crores with a 24% decrease.
 
 
RBI takes back ban on foreign investors in bond market
 
●        Due to the restrictions of the Reserve Bank of India (RBI), foreign investors could still invest only in those government and corporate bonds, which are 3 years of age or more, but now RBI has withdrawn its restrictions imposed on foreign investors. Has decided.
●        With the withdrawal of this ban, the domestic bond market can become stronger.

Approval of minimum support prices of raw jute for 2018-19 season
●        Under the chairmanship of Prime Minister Shri Narendra Modi, the Cabinet Committee on Economic Affairs today gave its approval to increase the minimum support price of raw jute for the year 2018-19.
●        The minimum support price of raw jute of net average quality (FAQ) for the 2018-19 season has been increased to Rs 3,700 per quintal.
●        The price was 3,500 rupees per quintal in the 2017-18 season.
 

India signed a $ 48 million loan agreement with the World Bank for the Meghalaya Community-Lead Landscape Management Project
●        India today signed a loan agreement with the World Bank for the USD 48 million IBRD loan for the Meghalaya Community-Lead Landscape Management Project.
●        On behalf of the Government of India, the loan agreement was signed by Joint Secretary (MI), Department of Economic Affairs, Shri Sameer Kumar Khare and World Bank's Mr. Hisham A Abdo Saman, Acting Country Director, World Bank (India).

Current Affairs 28th April 2018: GLOBAL NEWS


China will not put pressure on India for OBOR
●        China's Foreign Minister Kong Shawneu said that it does not matter whether India accepts its 'Belt and Road' project or not.
●        He said that China will not pressurize China to accept belt and road projects.
●        Referring to meeting PM Modi and Chinese President Xi Chenfing, Kong said that both leaders believe that India and China are neighbors, friends and partners.


Approval of MoU among medical regulatory agencies of BRICS countries to help in regulating therapeutic products
●        Under the chairmanship of Prime Minister Narendra Modi, the Union Cabinet has approved the signing of MoU between Medical Regulatory Agencies of BRICS countries (MoU) for cooperation in the field of regulation of therapeutic products for human use.
●        It will be easier to develop a better understanding of the regulatory aspects among the parties related to above mentioned MOU, and at the same time, BRICS countries from India can be helped to export therapeutic products.

Current Affairs 28th April 2018: DEFENSE


Third ship of landing craft utility MK-4 project included in Navy
●        The third ship of Landing Craft Utility MK-4 project was today included in the Indian Navy in Port Blair.
●        Vice Admiral Bimal Verma, AVSM, ADC, Commander in Chief - A & N Command added this vessel to INS Navy as INLSU L53.

Nagalakshmi 1 Months ago
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