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Daily G.K. - Top Stories

29 May 2016

INTERNATIONAL AFFAIRS

Change in Olympics Venue Ruled Out

  • The World Health Organization has ruled out any change in timing or the location of the upcoming Olympic Games in Rio de Janeiro, shunning a call by doctors and scientists to shift the event over the Zika virus.
  • An open letter addressed to the global health body signed by 150 international doctors, scientists and researchers had called for the games to be moved or delayed.
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BUSINESS AND ECONOMY

IOC Net Profit at Record in 2015-16

  • IndianOil posted the profit despite an 80% drop in the March quarter earnings because of inventory losses.
  • IndianOil Corporation reported a net profit of Rs. 10,399 crore in 2015-16, to become nation's second most-profitable state-run entity after Oil and Natural Gas Corporation.
  • The profit in 2015-16 is the highest-ever and better than Rs. 10,200 crore profit posted in 2009-10.
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NATIONAL AFFAIRS

V. Narayanasamy New CM of Puducherry

  • The Congress has named V. Narayanansamy as the new Chief Minister of Puducherry.
  • Narayanasamy had served as the Minister of State in the Prime Minister's Office in the second UPA government, after serving as MoS Parliamentary Affairs in the first UPA government.
  • The top contenders for the Chief Minister's post had included Puducherry Pradesh Congress Committee president A. Namassivayam and former chief minister V. Vaithilingam and former Welfare Minister M. Candassamy had also made a bid for the job.
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