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Daily G.K. - Top Stories

22 Jun 2016

INTERNATIONAL AFFAIRS

EU Approves 6-month Russia Sanctions Rollover

  • EU ambassadors agreed to rollover damaging economic sanctions against Russia for six months in the absence of any progress on resolving the Ukraine conflict.
  • The measures target the oil, financial and defence sectors of the Russian economy and were first imposed after the shooting down of Malaysia Airlines flight MH17 in July 2014.
  • The sanctions were due to expire at the end of July and will now run to January 2017.
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ENVIRONMENT

Entire Country Powered with Renewable Energy

  • Portugal did no other nation has ever done. Portugal just powered its entire country’s electricity needs for four consecutive days using nothing but renewable energy.
  • Using a combination of solar panels, wind turbines, biofuels, geothermal heat and hydroelectric power, Portugal powered everything requiring electricity for 107 hours.
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BUSINESS AND ECONOMY

BSE Gets SEBI’s Nod for E-book Mechanism

  • BSE has received market regulator SEBI's approval to launch electronic book mechanism for issuance of debt securities on private placement basis.
  • BSE-BOND would streamline procedures for issuance of debt securities on private placement basis, enhancing efficiency, transparency of the price discovery mechanism and improving liquidity in the secondary market.
  • It would come into effect from 1st July 2016.

India's Largest Unconventional Gas Player

  • Essar has become the country's largest player in unconventional gas, with its Raniganj block in West Bengal achieving an industry-size pumping rate of over 1 mcmd (million cubic metres per day) of coal bed methane, or industry parlance for gas trapped in coal seams.
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NATIONAL AFFAIRS

Ajit Jogi Names his Party as Chhattisgarh Janta Congress

  • Former Congress leader Ajit Jogi named his political outfit as ‘Chhattisgarh Janta Congress’.
  • In the first week of June, he had made a formal announcement to float a new political party.
  • Jogi was a member of the Congress Working Committee.
  • In January, the state Congress unit had expelled Amit Jogi from the party for a period of six years.
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