Current Affairs 25th May 2016
National News:
- Govt bans Indians from travelling to Libya until further orders
- Chhattisgarh govt aims to dig about 50,000 small ponds
- Sikkim bans disposable foam food containers
- J&K govt to develop app to enhance tourism
- 13 new cities announced for Smart-Cities project
International News:
- US lifts arms ban on old foe Vietnam as regional tensions simmer
- Switzerland to open world’s longest and deepest train tunnel after 17 years
New Appointments:
- The new Sarbananda Sonowal-led government in Assam will take oath in Guwahati in presence of Prime Minister Narendra Modi.
- Renowned scientist S K Sharma was appointed the Chairman and Managing Director (CMD) of Nuclear Power Corporation of India Limited (NPCIL).
Banking & Business:
- City Union Bank net profit rises 13 per cent
- Saudi Arabia to join Turkey, Indonesia to found Islamic finance infrastructure bank
- Bad loans drop further for Andhra Pradesh Grameena Vikas Bank
- US court tosses out $1.3-billion penalty on Bank of America
- Modi’s government’s fix for banking: Cut number of public banks from 27 now to 6
- Infosys bags 5-year deal from Commerzbank
- TinyOwl shuts operations in all cities except Mumbai
- Anand Mahindra invests in women’s platform SheThePeople.TV
- Indian Economic Growth Seen At 7.8% In 2017: Deutsche Bank
- Facebook acquires VR audio startup Two Big Ears
- Mobile wallet companies Paytm, MobiKwik and Oxigen diversifying to combat UPI threat
Science & Technology:
- India will produce supercomputers by 2017
- Indian Museum Galleries to Be Available Online via Google Cultural Institute
Sports:
- French Open: Australian Open champion Angelique Kerber knocked out in first round
- Chris Gayle Not Signed By Melbourne Renegades For 2016/17 Big Bash League
- Denmark bags Europe’s maiden Thomas Cup title
- Rio Olympic medal winners to be considered for KhelRatna, Arjuna award
MoUs/Agreements Signed:
- NALCO signs MoU with Iran to set up smelter plant in Chabahar
- India, Iran and Afghanistan sign historic land transit trade agreement
- Electric announces deals worth over $1.4 billion with Saudi Arabia
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