CURRENT AFFAIRS 18th-19th MAY 2017

The Jammu and Kashmir government is hosting the 14th Goods & Services Tax (GST) Council meeting in the summer capital Srinagar beginning today (18th May 2017). The State administration is gearing up for the meeting of the GST Council headed by Union Finance Minister Arun Jaitley.

Union Information and Broadcasting Minister Venkaiah Naidu announced a round-the-clock Doordarshan channel for Jharkhand. Jharkhand has been given the most film-friendly award by the National Film Awards.

Digital payment and commerce company Paytm has received the final nod from the Reserve Bank of India and is set to launch Paytm Payments Bank on May 23, 2017. Paytm is the third company from the 11 other applicants to launch payments bank after Airtel and IndiaPost.

M S Boje Gowda, a third generation planter from the country’s key coffee growing region of Chikmagalur, took over as the Coffee Board Chairman after a gap of almost 70 years.

India’s first Aquatic Rainbow Technology Park, an ultra modern exclusive facility for ornamental fish equipped with multi-species hatchery and live feed culture units, will become operational at Chennai in coming three months.

Forbes magazine has named Reliance Industries (RIL) Chairman Mukesh Ambani as the topmost among its “Global Game Changers” who are transforming their industries and changing the lives of billions around the world.

Prime Minister Narendra Modi will inaugurate India’s longest river bridge ‘Dhola-Sadiya bridge’ in Assam on May 26. It will bolster the road connectivity in the Northeast as the bridge will be used by people of Assam and Arunachal Pradesh besides defense forces extensively.

Union Science and Technology Minister Harsh Vardhan was given additional charge of the Environment Ministry following the death of Union Environment Minister Anil Madhav Dave.

Prime Minister Narendra Modi will inaugurate the Annual Meetings of the African Development Bank (AFDB) on May 23, 2017.

Softbank has made its biggest investment in an Indian digital enterprise by sealing a funding round of Rs 9,000 crore ($1.4 billion) in mobile payments provider Paytm.

Paytm has announced its long-time executive and vice president Renu Satti will be the CEO of its Paytm payments bank.


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