1) T
M Bhasin elected IBA chairman: T. M. Bhasin, Chairman and Managing Director
of Indian Bank, has been elected as the Chairman of Indian Banks’ Association
(IBA), which is a representative body of CMDs and CEOs of public sector,
private sector and foreign banks. IBA plays an advisory role, and presents
views of banking industry to various Union Ministries for policy formulation as
also to RBI for regulatory matters.
On behalf of IBA, Mr. Bhasin, will be
associated with “Pradhan Mantri Jan-Dhan Yojana” Mission, headed by Union
Finance Minister, said a statement.
2) Thai
Army chief chosen Prime Minister: Thailand’s Army chief is all set to
become the country’s next Prime Minister after the junta-picked National
Legislative Assembly on Thursday overwhelmingly approved his nomination,
consolidating the military’s hold on power three months after he ousted the
elected government in a coup. The 60-year-old Gen. Prayuth Chan-ocha was named
as the next Prime Minister after the NLA voted 191-0 in his favour in an
uncontested race. Altogether 194 of the existing 197 NLA members signed in to
attend Thursday’s meeting to vote on the prime minister.
3)
Islamic State militants killed US journalist James Foley: Militants from
Islamic State (Isis) claimed to have killed an American journalist long held
captive in Syria in retaliation for ongoing US air strikes against its forces
in Iraq. A propaganda video circulated showed a masked Isis fighter beheading a
kneeling man dressed in an orange jumpsuit who is purported to be James Wright
Foley, a photojournalist who went missing in Syria in 2012. The masked
executioner spoke in English, with what sounded like a British accent, and said
the slaying came in response to the air strikes ordered by President Barack
Obama against Isis 12 days ago.
4) Bangladesh to join BRICS Bank:
Bangladesh has decided to join the newly formed BRICS Bank, an initiative of
the world's five emerging economies - Brazil, Russia, India, China and South
Africa. This was informed to news reporters by Finance Minister A.M.A. Muhith.
5) PM
dedicates Ranchi-Dharamjaygarh-Sipat transmission line to the nation: Prime
Minister Narendra Modi today dedicated to the nation the
Ranchi-Dharamjaygarh-Sipat 765kv inter-regional power transmission line in
Jharkhand. This line is the first inter-regional link between eastern region
and western region, an official statement said. The Prime Minister also
inaugurated the commencement of work at state-run NTPC’s thermal power plant
(3x660 MW) at North Karanpura at Chatra in Jharkhand.
6) Australian
Cyril Baldock is oldest to swim English Channel: Australian Cyril Baldock
has set the world record for the oldest person to swim the English Channel. The
70 year old Bondi Surf Life Saving Club member completed the swim between
England and France in 12 hours and 45 minutes.
7) RBI
tightened rules for lending against shares by NBFCs: The Reserve Bank of
India (RBI), on Thursday, tightened the norms for giving loans against shares
by non-banking financial companies (NBFCs). NBFCs lending against collateral of
shares have been told to maintain a loan-to-value (LTV) ratio of 50 per cent.
They can accept only specified Group 1 securities as collateral for loans of
value more than Rs.5 lakh.
8) Kerala,
India’s top consumer of liquor, heads for prohibition: The excise policy of the Congress-led United
Democratic Front government, finalized in a two-hour meeting held at the chief
minister's official residence on Thursday, proposed to make Kerala alcohol-free
in 10 years. As a first step, 418 bars closed since April 1 as they had failed
to upgrade to two-star facilities, won't have their licenses renewed.
Similarly, licenses of 312 functioning bars in the state won't be renewed after
March 31, 2015. The government will also seek the legal possibility of terminating
the licenses of these 312 bars immediately. Kerala has the highest per capita
consumption of liquor in the country at 8.3 litres. Punjab comes second with
7.9 litres, while the national per capita consumption of liquor is 4 litres.
9) Film
on Indira Gandhi's assassins banned from release: The Information and
Broadcasting Ministry on Thursday put on hold the release of the controversial
Punjabi film, Kaum De Heere, based on the assassination of the former Prime
Minister Indira Gandhi, following concerns raised by the Union Ministry of Home
Affairs. “The film will not be released on Friday. The decision has been taken
as per Rule 32 of the Cinema Certification Rules, 1983,” an official said. The
instruction was issued after Central Board of Film Certification (CBFC)
Chairperson Leela Samson watched the movie.
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