Current Affairs
Hindi

New President of Nigeria Muhammadu Buhari

Nigeria's president-elect Muhammadu Buhari, who got a stunning victory in elections, sworn-in amid army salutations and cultural events. Buhari defeated President Good Luck Jonathan. Ever since Nigeria moved to democracy in 1999, Buhari had failed at three consecutive attempts to win the elections. 72-year-old Buhari took oath in the presence of Chief Justice of Nigeria and Supreme Court's Chief Mahmoud Mohammed.

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Initiative by West Bengal Government.

West Bengal government had initiated a plan to invest over Rs.26,000 crore for the development of M.S.M.E and Textile sector. A separate textile policy of state was being formulated by the government. Under the plan M.S.M.E projects would be set up in joint ventures or through PPP model creating employment opportunities for six lakh people in the state. With this initiative there would be a massive improvement in the M.S.M.E sector and definitely the units like handloom, hosiery, zari and many other units.

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India has launched a virtual Memorial Wall to honour its soldiers

India has launched a virtual Memorial Wall to honour its soldiers who laid down their lives while serving in UN peacekeeping operations, a precursor to the eventual construction of a permanent memorial wall at the world body's headquarters proposed by the country. The wall was unveiled by India's Ambassador to the UN Asoke Mukerji at a solemn ceremony to mark the International Day of UN Peacekeepers. The wall of honour includes details of 161 Indian peacekeepers who were killed in the line of duty in 16 UN peacekeeping missions so far. The wall will be hosted on the website of the Permanent Mission of India to the United Nations.
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Four Indian grapples struck gold at International Wrestling Tournament.

Four Indian grapplers, including Yogeshwar Dutt, struck gold at the International Wrestling tournament in Sassari City, Italy, after finishing on top in their respective weight categories in Men's Freestyle. Yogeshwar bagged the yellow metal in 65kg division, while Praveen Rana claimed the gold in 70kg category. Amit Kumar and Narsingh Yadav also finished on the top of the podium in 57kg and 74kg categories, respectively.

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Service tax hike to 14%

Service tax hike to 14% has become effective from 1st June 2015. Finance Minister Arun Jaitley in his Budget had proposed to raise service tax from 12.36 percent (including education cess) to 14 percent. The proposal takes effect from June 1.The tax is levied on all services, expect a small negative list. Some of the key services that will attract higher tax and hence become costlier are: railways, airlines, banking, insurance, advertising, architecture, construction etc.

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