Daily Current Affairs: December 8, 2016

Cyclone ‘Vardah’ may cross Nellore-Kakinada on Andhra Pradesh coast by 12th Dec

Maiden meeting held by the Chandrababu Naidu-led panel on demonetization

The Central Committee of Chief Ministers and experts on demonetisation-related issues headed by N Chandrababu Naidu hold its first formal meeting at the Reserve Bank of India (RBI) headquarters in Mumbai.

2nd India International Science Festival held at New Delhi

US gives India unique ‘Major Defense Partner’ status

Food regulator bans use of newspapers for packing food

The Food Safety and Standards Authority of India (FSSAI) issued an advisory stating it has decided to ban the use of newspapers for wrapping and packing of food items.

  • The FSSAI has asked all states and Union Territories to restrict the use of newspapers for packing, serving, and storing food as newspaper ink can contaminate food items.

Manipur observed third International Sankirtana Day

‘Serendipity Arts Festival’ will be held in Goa from Dec 16 to 23 December 2016

NABARD to provide Rs 120 cr to banks for setting up PoS devices in villages

The National Bank for Agriculture and Rural Development (NABARD) said it will extend support aggregating about Rs. 120 crore to banks for deployment of two Point-of-Sale (PoS) devices per village in one lakh villages having a population of up to 10,000.

World Bank has cancelled USD 100 million loan for Pakistan

The World Bank has cancelled a $ 100 million loan to Pakistan for a natural gas efficiency project due to no progress in achieving the development objectives and a lack of interest on the part of the gas distribution company.

PSU banks write off Rs 1.54 lakh crore bad loans

Public sector banks (PSBs) have written off Rs 1.54 lakh crore of bad loans between April 2013 and June 2016

Minister of Railways inaugurates Website of National Rail Plan, 2030

The website can be accessed at http://www.nationalrailplan.in. This dedicated website for National Rail Plan (NRP, 2030) has been developed for all stakeholders to give their inputs for purposeful study as Railways’ planning cannot be done in isolation.

Google parent Alphabet named company of the year by Fortune

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