Daily Current Affairs Update : 25-February-2016

1.State-owned Punjab National Bank (PNB) has declared 904 borrowers who owed it a combined Rs.10,869.71 crore as of December-end as wilful defaulters.


2.India's second largest software exporter Infosys has extended the tenure of chief executive officer & Managing Director Vishal Sikka by another two years till the year 2021.


3.Rajendra Singh Appointed As First Non-Navy Officer To Head Coast Guard.Rajendra Singh is at present director General of coast guard
The Indian government has planned to set up wi-fi facilities at 25,000 spots in the country by March 2016.


4.GVK Biosciences has bagged the Global CSR Excellence & Leadership Awards in the category of Best Environment-Friendly Project.



5.Australia has replaced India at the top of the world's test rankings in Cricket with a 2-nil test series victory over New Zealand in Christchurch.


6.Government today approved Atal Mission for Rejuvenation & Urban Transformation, AMRUT Action Plans for 13 cities for 2015-16 with an outlay of Rs 495 crore.


7.The Union Cabinet chaired by the Prime Minister Narendra Modi has given its approval for establishment of Atal Innovation Mission (AIM) and Self Employment and Talent Utilisation (SETU) in NITI Aayog with appropriate manpower.


8.Indian Railway Catering and Tourism Corporation (IRCTC) has tied up with OYO Rooms.


9.West Bengal Government announced its decision to constitute two task forces for the development of Adivasis and Gorkhas living the state.


10.Union Cabinet approved India-Maldives Agreement on Avoidance of Double Taxation of Income from International Air Transport.


11.Parliamentary Standing committee on Finance submitted the report on the Net Non performing Assets (NPAs) of Public Sector Banks (PSBs) .The committee is chaired by M. Veerappa Moily..


12.India is to set up a Satellite Tracking and Data Reception and Processing Centre in Vietnam for ASEAN Member countries.


13.Sri Lankan Prime Minister Ranil Wickremesinghe has said that Indo-Lanka Economic and Technological Cooperation Agreement (ETCA) will be signed by middle of this year.


14.Johnson & Johnson has been ordered to pay $72 million (£50 million) in damages after a woman’s death from cancer was linked to its talcum products.


15.Department of Biotechnology, Ministry of Science and Technology and a consortium of top UK research institutions signed an MoU for establishment of a joint India-UK collaboration programme in crop science .


16.India has approved a $150 million credit line for the development of Iran’s Chabahar port.


17.The Reserve Bank of India (RBI) cancelled the certificate of registration of the 26 non-banking financial companies (NBFCs).


18.Ola signed a MoU with the Uttar Pradesh government to create 50,000 jobs in the state in next 5 years.


19.Union Government cleared a proposal to withdraw surcharges, service charges and convenience fees on cards and digital payments.


20.The Centre today appointed Amitava Bhattacharyya , Bimal Julka & Divya Prakash Sinha as information commissioners in the Central Information Commission (CIC).


21.Justice Subhro Kamal Mukherjee took oath as the 28th Chief Justice of the High Court of Karnataka.


22.The Indian Space Research Organisation, ISRO, is set to launch the country’s first solar mission called Aditya-L1 .
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