23 May 2017 Current Affairs is available now for the users to read.
23 May 2017 Current Affairs
Prime Minister lays foundation stone for 993-crore projects of Kandla port
Prime Minister Narendra Modi laid the foundation stone for half a dozen projects worth Rs 993 crore related to development of Kandla port. The projects for which foundation was laid include a convention Centre and many others.
Other projects include two cargo berths, a road over bridge, deployment of two mobile harbor cranes and mechanization of fertilizer handling facility at the port.
India Ranks Third Highest Globally In Internal Displacement Numbers
Nearly 2.4 million people in India were internally displaced due to conflict, violence and disasters in 2016, the third highest number globally, a new report by a UN monitoring centre said. The highest displacements were recorded in China with 7.4 million people getting impacted, followed by the Philippines (5.9 million), India (2.4 million). India is distant third from China and Philippines. As far as displacement per population percentage, Philippines is ranking number one.
The Internal Displacement Monitoring Centre and the Norwegian Refugee Council released a new report which ranked India third among countries most affected by displacement related to disasters followed by China and the Philippines.
Karnataka Bank will be selling LIC Products
Karnataka Bank Ltd has entered into a memorandum of understanding (MoU) with Life Insurance Corporation (LIC) of India for selling life insurance products of LIC.
Mahabaleshwara MS, Managing Director and Chief Executive Officer of the bank, said that the bank will be able to provide vast choice of life insurance products to its customers across all its 769 branches with this MoU.
Cochin Port Trust bags Best Performing port of India
Cochin Port Trust has received two Best Performance Awards from Ministry of Shipping, one for achieving the highest growth in operating surplus and the other for achieving third highest growth in cargo traffic among the Major Ports in the year 2016-17.
The Awards were received from Nitin Gadkari, Hon’ble Union Minister for Road Transport & Highways and Shipping by P Raveendran, Chairman Cochin Port Trust. Cochin Port Trust has registered the operating profit of Rs. 127.7 crores during 2016-17 as against Rs. 70.9 crores during 2015-16 recording a growth of around 80%.