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Ukraine summit agrees ceasefire, withdrawal of weapons: Putin  The crucial summit to secure a deal in the ongoing Ukraine conflict was held on 11 February 2015 in which Russian President Vladimir Putin and the Ukrainian President Petro Poroshenko met face to face. An important agreement was struck to start the ceasefire in eastern Ukraine from 15 February 2015. The summit was held at Minsk, the capital of Belarus. President of Belarus, Alexander Lukashenko hosted these talks which was led by German Chancellor Angela Merkel and French President Francois Hollande. US announced new cyber security agency CTIIC to respond to enhanced cyber threats […]

Apple becomes first company worth over $700 billion US technology giant Apple Inc. became the first company to reach a market value of $700 billion. It was able to hit this milestone after its shares rose 1.9 per cent and closing at $122.02, which in turn increased company’s market value to $710 billion. India Cements transfers CSK to new subsidiary […]

Delhi Legislative Assembly election result 2015 Election Commission of India (ECI) has declared the results of Delhi Legislative Assembly election 2015. Aam Aadmi Party (AAP), headed by social activist turned politician Arvind Kejriwal, has emerged as the largest party with 67 seats in the house of 70 seats. Its main opponent BJP was reduced to just 3 seats while Congress was decimated to zero. Arvind Kejriwal is going to take oath as Chief Minister on 14 February 2014 at Ramlila Maidan, Delhi. Facebook, Reliance Communications Ltd tie up to provide free Internet access to people […]

68th British Academy Film Awards announced The 68th British Academy of Film and Television Arts (BAFTA) held at the Royal Opera House in London. This year the BAFTA awards were conferred for the outstanding performances in films and documentaries screened at British Cinemas in 2014.  Best Film: Boyhood  British Film: The Theory of Everything  Best Director: Richard Linklater (Boyhood)  Best Actor: Eddie Redmayne (The Theory of Everything)  Best Actress: Julianne Moore (Still Alice)  Best Supporting Actor: K. Simmons (Whiplash)  Best Supporting Actress: Julianne Moore (Still Alice) 57th Annual Grammy Awards 2015 […]

PM Narendra Modi constitutes 3 sub-groups of CMs within NITI Aayog Prime Minister Narendra Modi on Sunday announced that NITI Aayog will set up sub-groups of chief ministers to deliberate on the future of centrally sponsored schemes, promotion of skilled manpower and pushing the Swachh Bharat campaign. He used to the term “Team India” in this meeting for describing a combination of three vital teams in the structure of NITI Aayog: The Prime Minister and Chief Ministers The Union Council of Ministers The bureaucracy at the Centre and in States Tata Communications signs $20 mn deal with KION Group […]

Marathi novelist Bhalchandra Vanaji Nemade chosen for 50th edition of Jnanpith award 2014 Eminent Marathi litterateur Bhalchandra Nemade, whose 1963 novel Kosala (Cocoon) changed the dimensions of Marathi novel, was on Friday selected for 2014 Jnanpith Award (also spelled as Gyanpeeth Award), the highest literary honour in India. His other important literary works include ‘Hool’, ‘Bidar’ (1967), ‘Zarila’ (1977), ‘Zhool’ (1979) and ‘Teeka Swayamvara’ (volume on literary criticism). G Sankara Kurup was the first recipient of Jnanpith award in 1965. UN appoints Nickolay Mladenov as new Special Coordinator for Middle East peace […]

This test is based on the daily GK capsules posted through this week. The test has 10 questions to be answered within 10 minutes. Click on read more to take the test. […]

Alibaba to buy 25% in Paytm; enters Indian mCommerce space Chinese e-commerce giant Alibaba’s online financial service company, Ant Financial Services Group has announced that it will take a 25 percent stake in Paytm’s parent, One97 Communications. Paytm is the largest mobile wallet service in India with around 23 million users. It started its services in 2010 and is valued at around $2 billion recently. Kolkata becomes India’s first Wi-Fi-enabled metro city […]

Home Secretary Anil Goswami sacked Union Government on 4 February 2015 sacked Union Home Secretary Anil Goswami from his post. Anil Goswami had admitted to calling the Central Bureau of Investigation (CBI) officials dealing with the Saradha case after former minister Matang Sinh was named in the multi-crore Saradha chit fund case of West Bengal. LC Goyal appointed as the Union Home Secretary […]

RBI doubles forex remittance limit to $250,000 The Reserve Bank of India (RBI) in its monetary policy review has enhanced the limit for foreign exchange (FOREX) remittances under Liberalised Remittance Scheme (LRS) to $250,000 (Rs. 1.5 crore) per person per year from $125,000. Under the LRS, Indians can open, maintain and hold foreign currency accounts with banks outside India for carrying out transactions, without permission from the RBI. RBI keeps key rates unchanged, cuts SLR by 50 basis points […]