Wednesday, 14 June 2017

Daily Update On Current Affairs - June 14, 2017

current affairs
Here's your daily summary of Current Affairs.

Janaushadhi Outlets To Be Opened At Railways Stations, Hospitals Soon

Janaushadhi outlets will be opened at railways stations and hospitals across the country to make medicines available to the common man at affordable prices. Chemicals and Fertilizers Minister Ananth Kumar held a detailed discussion with the Railways Minister Suresh Prabhu over the issue in New Delhi. Mr. Prabhu told media that in principle a decision has been taken in this regard. He said, the decision aimed at providing generic drugs at a cheaper process to the public including railwaymen.

Vijay Mallya Gets Bail In Extradition Case; Says He Has Enough Evidence To Prove His Case

Vijay Mallya was today granted bail until 4th of December by Chief Magistrate Emma Louise Arbuthnot of Westminster Magistrates' Court in London who fixed the next hearing for 6th of July. The 61-year-old former chief of now-defunct Kingfisher Airlines appeared before Westminster Magistrates’ Court in London for his extradition case hearing. Earlier, Mallya claimed that he has enough evidence to plead his case. He said to reporters that he has not eluded any court.

IS Group In Nearly All Indonesia Provinces: Military Chief

The Islamic State militant group has a presence in nearly all provinces across Indonesia, the world's largest Muslim-majority country, the military chief has said. General Gatot Nurmantyo said the clandestine sleeper cells across the sprawling Indonesian archipelago underscored concerns about Islamic State's growing influence in Southeast Asia.

South Africa Supports Mediation To Resolve Gulf Crisis

South Africa has offered its support to the mediation process between Qatar and Saudi Arabia and its allies. Favouring a peaceful resolution of the Gulf crisis through dialogue, the government said, the Gulf region is very important for world trade, especially energy, as well as regional peace and stability. Department of International Affairs and Cooperation spokesman Clayson Monyela said in a statement that South Africa will support efforts by Kuwait and other countries that have already initiated a mediation process and will also throw its weight behind the mediation process.

RBI To Soon Put New Rs 500 Banknotes In Circulation


Reserve Bank will soon put into circulation a new batch of 500 rupees banknotes in the Mahatma Gandhi new series, printed in 2017. RBI said in a statement today that the new batch of banknotes will bear the signature of Dr. Urjit R Patel. The statement said, the release of a new batch of 500 rupee notes is in continuation of issuing 500 rupee denomination banknotes in Mahatma Gandhi new series from time to time, which are currently legal tender. Design-wise, these notes will be similar to the existing 500 rupee banknotes in Mahatma Gandhi new series.

SEBI Allows Options Trading In Commodity Futures


Securities and Exchange Board of India, SEBI, has allowed options trading in commodities to deepen the market but will permit each exchange to launch options on futures of only one commodity initially. It has asked bourses to follow robust risk management measures. Putting in place strict eligibility criteria, SEBI said, options could be launched on futures contract of only those commodities that are among the top five in terms of the total trading turnover value of previous 12 months. Besides, the average daily turnover of underlying futures contracts of such a commodity in past one year should be at least Rs 200 Cr for agricultural and agree-processed commodities, and Rs 1,000 Cr for other commodities.

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