1Credit quality pressures on India Inc have eased: ICRA
ICRA has said that credit quality pressures on India Inc have eased and the volume of debt downgrades has decreased sharply in FY17, compared to FY16.
“While incremental downgrade pressures have subsided, the prospects of a definitive improvement in credit quality are not reassuring as yet.”
National
2Hungary passes Bill targeting university
Viktor Orban’s
Hungarian lawmakers on 4th Apr approved a controversial piece of higher-education legislation that could force the closure of a prestigious Budapest university founded by U.S. billionaire investor George Soros.
International
3Trump begins clampdown on H-1B visas
Trump administration has moved to bar entry-level programmers from the H-1B visa programme.
The new policy also warned of higher scrutiny on companies that have a higher ratio of H-1B visa workers as compared to American workers.
International
4Motorola Demonstrated World’s First Cellphone
On this day in 1973, Motorola demonstrated the world’s first portable cellular telephone and system. That was the DynaTAC, if you aren’t familiar. It weighed 2.4lbs, cost about $4,000, and the battery only lasted for about 30 minutes of talk time. Needless to say, 44 years later, things are pretty good in the cellphone realm.
Technology
5WhatsApp mulls foray into digital payments with India launch
Instant messaging app WhatsApp, owned by Facebook Inc, is mulling a foray into digital payment services in India, its first such offering globally, and has advertised to hire a digital transactions lead in the country.
Technology
6New policy on education for special children
The Department of Primary and Secondary Education will frame a draft policy on the education for children with special needs. This will address issues such as access to school, teaching aid, teaching methodology, and employing special teachers.
National
7Firms not too keen on CSR spend on forests
Forest Department reaches out to companies and their Corporate Social Responsibility (CSR) funds, the expectations far outweigh the rewards so far.
In the two years since companies were requested for CSR funds, only Rs. 35 crore has come in primarily for camera traps or vehicles representing a fraction of the Rs. 730 crore ‘wish list’ of the Forest Department.
Finance
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8Confusion reigns on CAG audit of GST data
The crucial question about how and where auditors should get access to GST data continues to hang fire, even as hundreds of CAG auditors are being put through specialised training in anticipation of the implementation of the new tax regime from July 1.
The GST Network (GSTN), which is the nationwide electronic backbone of the tax regime, will go live for testing in early May.
National
The post Current Affairs for SBI PO, IBPS PO, RBI, UPSC Exams – 5th April, 2017 appeared first on Exambin | IBPS SSC UPSC Preparations.
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