8 April – Current Affairs
- Tata Housing, one of the largest real estate developers in India and subsidiary of Tata Sons, announced to build the country’s biggest international standard gymnastics centre in neighbouring Thane in partnership with the Thane Municipal Corporation.
- India has jumped 12 places to 40th rank globally in travel and tourism competitiveness list by World Economic Forum.
– Spain has topped in the List, France at 2nd and Germany at 3rd Position
– World Economic Form HQ :- Geneva (Switzerland)
- Akshay Kumar has been named the Best Actor for the film ‘Rustom’ at the 64th National Film Awards.
– Venue :- National Media center New Delhi
– Best Actress :- Surbhi Lakshmi (Minnaminungu)
– Best Hindi Film :- Neerja
– Best Film In Social Issues :- Pink
– Best Director :- Rajesh Mapuskar (Ventilator)
– Best Female Playback Singer – Iman Chakraborty (Tumi Jaake Bhalobasho)
– Best Male Playback Singer – Sundara Iyer (Joker)
- According to the EY Europe, Middle East, India and Africa (EMEIA) Fraud Survey 2017, India has been ranked ninth among 41 countries in bribery and corrupt practices in businesses.
– First three are :- Ukraine, Cyprus and Greece
- Israel has signed a USD 2 billion contract with India to supply it with missile defence systems.
– Israel Capital :- Jerusalem
– Currency :- Shekel
- Prime Minister Narendra Modi laid the foundation stones of several development projects including a multi-modal terminal and a four-lane bridge over River Ganga at Sahebganj in Jharkhand.
– The multi-modal terminal is an important component of the development of the National Waterway-1 from Varanasi in Uttar Pradesh to Haldia in West Bengal, a distance of 1,390 km.
- The Reserve Bank has decided to slash clearance time for National Electronic Funds Transfer (NEFT). In line with the document on Vision-2018 for Payment and Settlement Systems, the NEFT settlement cycle will be reduced from hourly batches to half hourly batches, the RBI said in the first bi-monthly monetary policy for 2017-18.
- The Reserve Bank of India allowed banks to invest in Real Estate Investment Trust (REITs) and Infrastructure Investment Trusts (InvITs), a move that will help revive the cash-starved infrastructure sector.
9.Twitter has launched a faster-loading, data-friendly mobile service called Twitter Lite, – with up to 30% faster launch time and reduces data usage up to 70% with data saver mode turned on and takes up less than 1 MB on mobile devices ,in partnership with Vodafone
- The Reserve Bank of India has kept the key policy rate repo unchanged at 6.25 percent and increased the reverse repo rate by 0.25 percent to 6 percent in the monetary policy review.
– Repo Rate :- 6.25% – Reverse Repo :- 6.00% – Bank Rate :- 6.50%
– MSF :- 6.50% – CRR :- 4% – SLR :- 20.50%