NATIONAL UPDATES:
1. New
Service
Tax Structure, four slabs: The GST Council headed by finance
Minister Jaitley has finalised a 4 slab service tax structure at the rates
of 5, 12, 18 and 28% as against the single rate of 15% levied on all
taxable services. Healthcare and education will
be exempt from the GST on services.
2. NITI Aayog holds first ‘Samavesh’ meeting: In
pursuance of the Prime Ministers call for a New India 2022, the first meeting
of the National Steering Group and other knowledge partners was held in NITI
Aayog in New Delhi. The aim is to create a resurgent and progressive India.
3. Maharashtra agrees to release water to Karnataka: The Maharashtra
govt. has agreed to release 3
TMC of water to Karnataka to mitigate the severe
drinking water problem faced in Vijayapura, Bhagalkot and Belgaum districts of
Karnataka. Both the states have also decided to implement inter-state Doodh
ganga irrigation project.
4. India ranks 154th on healthcare index in Lancent’s
Medical Journal: India has ranked 154th among
195 countries on healthcare index in Lancet medical journal’s report titled
‘Global Burden of Disease’.
5. SIMBEX-17 commenced in South China Sea: 24th bilateral exercise involving Indian Navy and
Republic of Singapore Navy has commenced in South China Sea. It aims at increasing the interoperability between
the navy of the two countries as well as developing a common understanding for
maritime security operations.
6. Haryana launches e-textbook portal for school
students: Students can download school
books instantly from this e-textbook portal of the Haryana School Education Board. The portal also provides a
facility to highlight certain portions of the e-textbooks making it easier for
students to study.
7. Andhra Pradesh govt. to launch water grid project: The Andhra Pradesh government will launch a
water grid project on a fast track with an estimated cost of 8,000 crore to provide safe drinking water in areas vulnerable
to kidney disorders like Srikakulam and Prakasam districts on a pilot basis.
8. NTRO now under Intelligence Act: The National Technical Research Organisation
which reports to the PMO and the NSA will now have the same “norms of
conduct” as the IB and RAW. NTRO was created after the 1999 Kargil
conflict as a dedicated technical intelligence agency.
9. Dr. Swaminathan’s book released: PM Modi released a 2-part book series on the eminent agricultural
scientist Dr. M.S. Swaminathan. The
series is titled – M.S. Swaminathan: The Quest for a world without hunger. Dr.
Swaminathan is also known as the Father of Indian Green Revolution.
INTERNATIONAL UPDATES:
1. Italy makes childhood
vaccinations compulsory: Italy's
government has declared a new law making a series of childhood vaccinations a
condition of school inscription in a move triggered by a spike in measles
cases. PM Paolo Gentiloni made the
move compulsory.
2. World’s First Electric Bio-composite Car: Students from the Eindhoven University of
Technology, Netherlands, unveiled the world’s first car made of bio-composite. The special thing about this car is that the
chassis, bodywork and the interior of the car are all made of natural
materials. The car is named “Lina”.
OTHER UPDATES:
BUSINESS & ECONOMY:
1. Flipkart tops the list of Best Places to Work in
India: E-commerce giant Flipkart
has topped LinkedIn’s list of the top companies to work in India second time in
a row. While Oracle was at the
bottom of the list.
2. Sanjeev Gupta named ‘CEO of the Year’: Sanjeev Gupta, executive chairman of Liberty
House Group, received the title ‘CEO of the Year’ at the prestigious Platts
Global Metals Awards in London.
SPORTS:
3. Indian archers claim gold at World Cup: India’s compound men’s archery team consisting of Abhishek Verma, Chinna
Raju Srither and Amanjeet Singh defeated Colombia In the penultimate day of the
archery World Cup stage 1 championship in Shanghai.
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