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Yak 16Th February 2018 Events - Of Import Daily Electrical Flow Affairs

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Dear Great Ambitionists, hither are today's (16th Feb 2018) Important Current Affairs updates. Happy Reading :)

Daily Current Affairs of 16th Feb 2018

International Current Affairs
  • Iran President Hassan Rouhani arrived inward Bharat for a three-day see too was received past times Union Minister RK Singh at Hyderabad airport. 
    • This is his 1st see after assuming component inward 2013.
    • Rouhani's see comes subsequently the inauguration of the get-go stage of Iran's Chabahar Port, to hold upwards operated past times Bharat for 10 years, inward December.
  • Prime Minister Narendra Modi inaugurated the World Sustainable Development Summit 2018 inward New Delhi. 
    • The three-day trial has been organized past times The Energy too Resources Institute (TERI).
  • Ethiopia's Prime Minister Hailemariam Desalegn announced that he has submitted his resignation every bit both premier too the chairman of the ruling coalition alongside a political crisis inward the African country.
Banking, Business & Economic Affairs
  • Yogi Adityanath govt inward Uttar Pradesh presented its get-go full-fledged budget for Rs. 4,28,384.52 cr for fiscal twelvemonth 2018-19.
  • The Ministry of External Affairs has suspended the validity of passport of Nirav Modi who is defendant of defrauding Punjab National Bank of over ₹11,000 crore.  
  • IndusInd Bank launched its novel Sonic Identity, which is essentially a musical logo, every bit component of its branding initiatives.
    • The objective for associating to a sonic identity is edifice the Bank's construct imagery with the strategic purpose of music too audio for construct experiences too audience connection.
    • Note : The Sonic Identity is derived from the Bank's persona too nub values of innovation, courage too dynamism too every bit its potent wish to house customers first.
  • The Reserve Bank of Bharat (RBI) has announced that it volition link the base of operations charge per unit of measurement for loans with the marginal toll of funds-based lending charge per unit of measurement (MCLR) from 1 Apr to better monetary policy transmission.
    • This is probable to narrow the gap betwixt the base of operations charge per unit of measurement too MCLR, too produce goodness borrowers who are withal using the base of operations rate.
  • The Reserve Bank of Bharat (RBI) today announced setting upwards ombudsman for addressing client grievances inward the Non-Banking Finance Companies (NBFCs).
    • The rules volition hold upwards position out past times the halt of this month. 
    • RBI volition start with deposit taking NBFCs too widen the reach to encompass NBFCs with property size of Rs 100 crore. 
Science & Technology
  • Taking prime number government minister Narendra Modi's Digital Bharat initiatory forward, a chat based labor search mobile app 'Empzilla', get-go e'er of its sort inward the country, is beingness launched.
    • This volition produce away with existing limitations of employers too labor seekers making pick procedure quick too toll effective.
MOUs & Agreements
  • Taxi aggregator Ola today signed a Memorandum of Understanding (MoU) with the Government of Assam to airplane pilot a one-of-its-kind app-based river taxi service in Guwahati. 
New Appointments
  • Following the resignation of scandal-hit Jacob Zuma, Cyril Ramaphosa has been elected every bit President of South Africa by a parliamentary vote.
  • Former Managing Director of Facebook Bharat too Southern Asia Umang Bedi has joined Bengaluru-based word too local linguistic communication content application Dailyhunt as its President. 
  • Rear Admiral Mukul Asthan has been appointed every bit the Assistant Chief of Naval Staff (Air) at New Delhi.
  • Khadga Prasad Sharma Oli from the Communist Party of Nepal (Unified Marxist-Leninist) has been sworn inward every bit the 41st Prime Minister of Nepal.
    • Nepal President Bidya Devi Bhandari administered the oath of office.
Sports Current Affairs
  • The province authorities of Odisha is going to sponsor India's national men's too women's hockey teams for the adjacent v years. 
  • Karnataka's Kishan Gangolli has won the National 'A' Chess Championship for Blind for the 5th consecutive time.
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