Current Affairs 26th May 2019

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NATIONAL

15^th Finance Commission’s Meeting With RBI Held In Mumbai.

-The 15^th Finance Commission headed by Chairman, N.K. Singh held a detailed meeting with the Governor and Deputy Governors of RBI in Mumbai.

Meeting of Regional Heads of Customs Administration of Asia Pacific Region of WCO Held in Kochi.

-Central Board of Indirect Taxes and Customs has organised a 2-Day meeting of the Regional Heads of Customs Administration of Asia Pacific Region of the World Customs Organistion in Kochi.

MNRE Holds ‘Chintan Baithak’ With Stakeholders of Renewable Energy Sector.

-Ministry of New and Renewable Energy held a ‘Chintan Baithak’ with the stakeholders of thhe Renewable Energy sector in New Delhi.

INTERNATIONAL

Vice President Embarks On 4-day Official Visit To Vietnam.

-Vice President of India Venkaiah Naidu embarked on a four-day official visit to Vietnam to participate in 16^th United Nations Day of Vesak.

BANKING

India Ratings Downgrades Yes Bank With Negative Outlook.

-India Ratings has downgrades the YES Bank’s long-term rating to ‘IND AA-‘ with a negative outlook, while reaffirming short-term rating. ICRA has also downgraded the long-term ratings of the lender.

Airtel, Hughes To Combine Their India VSAT Operations.

-Sunil Mittal led telecom major Bharti Airtel and Hughes Communications India have decided to combine their VSAT satellite communications operations in India. The transaction is subject to approvals by relevant authorities.

AGREEMENTS

NIOS, NHMPH Ink MoU In Mumbai.

-The National Institute of Open Schooling Ministry of Human Resources Development and National Health Mission of Public Health Department of Government Maharashtra signed an MoU in Mumbai.

APPOINTMENTS

India’s Jagjit Pavadia Re-Elected To International Narcotics Control Board.

-India’s Jagjit Pavadia has been re-elected with the highest number of votes by the UN Economic and Social Council to a five-year term on International Narcotics Control Board, while China’s candidate Hao Wei lost.