April 22, 2016

Current Affairs – 16 April to 22 April


  • The foreign exchange reserves touched a new lifetime high of USD 359.917 billion after they surged by USD 157.4 million in the week ended 8 April, helped by rise in foreign currency assets.
  • India and the US have agreed to enhance cooperation on tackling offshore tax evasion through information sharing and joint audits while intensifying efforts to combat money laundering and terror financing.
  • Mahindra & Mahindra (M&M) launched its electric car 'e20' in UK market priced upto 15995 pounds.
  • Infosys Ltd. reported a better than expected 16% rise in the fourth quarter net profit at Rs. 3597 cr.
  • Government of India will launch a new service Twitter Seva, to address various queries of startups on April 21.
  • At least 41 people were killed and 1000 people injured as a 7.0 magnitude earthquake hit Southern Japan.
  • Central Government is set to add more than two lakh central employees over the a period of two years from march 1,2015 to march 1,2017.
  • More than 233 people were killed and 1500 injured as a 7.8 magnitude earthquake stuck western Ecuador.
  • The global banking major Royal Bank of Scotland Commercial services Limited (RBS) plans to end all services to Kingfisher Beer Europe Limited (KBEL) owned by Vijay Mallya.
  • Zurich Airport the original operator of the Bengaluru International Airport (BIAL) has sold its remaining 5% stake in the airport to Prem Watsa's Fairfax Financial Holding for $48.9 million.
  • India and Mauritius have sign an agreement for cooperation in the field of traditional medicine and homeopathy a move which will help both the nations to comduct joint research & exchange experts in these fields.
  • Confectionery giant Mondelez launched its second biscuit brand 'Cadbury Bournvita' in India.
  • HDFC Standard Life becoming the first life insurer in the country to launch its initial public offer (IPO) process where parent HDFC would sell a 10% stake.
  • Google launched the new version of its Internet streaming device Chromecast in India for Rs. 3399.
  • The Government of India has merged Rajiv Gandhi Khel Abhiyan (RGKA) with the Khelo India program for development of sports.
  • Russia to ink deal with India for 200 Ka - 226T light utility multirole helicopters before the end of the year.
  • The Government of India has released Rs. 823 cr. to tackle water crisis in several parts of the country.
  • Sachin Tendulkar and PepsiCo will jointly help Maharashtra Government tackle the drought in Marathwada Maharashtra.
  • Tennis star Sania Mirza, Flipkart founders Binny Bansal & Sachin Bansal, RBI Governor Raghuram Rajan, Google CEO Sunder Pichai and actress Priyanka Chopra have been named by Time magazine in its list of the 100 most Influential people in the world.