31st July 2018 Current Affairs


Surendra Rosha named HSBC India CEO

  • HSBC has announced the appointment of Surendra Rosha as Chief Executive Officer (CEO) for HSBC India, subject to regulatory approvals.
  • Rosha is currently HSBC’s Head of Financial Institutions Group (FIG) for Asia-Pacific and has 27 years of experience in the financial services sector.
  • Rosha succeeds Jayant Rikhye as the CEO of HSBC.
  • HSBC stands for Hongkong and Shanghai Banking Corporation.

Govt to set up committee to revive stressed thermal power plants

  • The Government will set up a high level empowered committee to revive stressed thermal power projects.
  • The committee will be headed by cabinet secretary P K Sinha.
  • The Committee will look into various issues with the aim of resolving them and maximising the efficiency of investment.

‘Made in India’ V-46-6 and V92S2 tank engines handed over to Army

  • Defence Minister Nirmala Sitharaman handed over two types of indigenously built high-power multi-fuel engine – the V-46-6 and the V92S2 – to the Army.
  • The V92S2 engine is a 1000 HP power unit that drives the T-90 Bhisma Tank.
  • The V-46-6 engine powers the T-72 Ajeya Tank and its variants.
  • The 2 Made in India engines were manufactured based on Russian designs.
  • Making these engines in India is expected to save Rs.80 crore every year.

Rajasthan Signs MoU for 1st cow sanctuary in state

  • The Rajasthan Government has signed an MoU with a private trust, Sohanlalji Buladeviji Ojha Gaushala Samiti, to build its first Cow Sanctuary.
  • The sanctuary will serve as a shelter for 10,000 cows.
  • The cow sanctuary will be spread over an area of around 220 hectares in Bikaner district.

Invest India, UAE Ministry sign MoU for technological cooperation

  • Invest India and the UAE Minister for Artificial Intelligence signed an MoU for India-UAE Artificial Intelligence Bridge.
  • The MoU is expected to increase development across areas such as Blockchain, AI and Analytics.
  • Data and processing are expected to be the catalysts for innovation and business growth in the near future.

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Upasana Pradhan

Hello, my name is Upasana Pradhan, I’m currently working as a Content Writer. I have done my Masters in Electronics and Communication from Delhi Technological University, Delhi. I always had a passion for writing. Apart from that, I love listening music, hanging out with friends, Cooking and Shopping.

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