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06 May 2017 Current Affairs

 Posted On : May 6, 2017

Current Affairs 6th May 2017

U.P. Govt. pledges not to discriminate between different faiths

Chief minister of Uttar Pradesh announced that his govt. is not going to discriminate people based on their faith. Pledging for development for all and similar security to all citizens. Emphasizing on maintaining tight law and order and citizens will be transformed into law abiding people.

Presence of China in Indian ocean creating anxiety

US concerned on presence of China in Indian ocean. Terming Indian ocean as a “sea of stability”, the US on Friday publicly questioned the intent of China’s OBOR (One Belt One Road) initiative in the maritime domain.

Iran refuses to sideline China and Pakistan

Iran drags its feet on awarding a crucial contract for gas exploration in its Farzad B offshore field to ONGC. India has decided to cut back on oil imports from Iran by 3 million tons (roughly 25 percent) in the current financial year. (India imports over 6% of its oil from Iran, making it Iran’s second-largest customer of crude oil). situation has taken yet another unpleasant turn, with Tehran retaliating by reducing Delhi’s window of payment for crude purchases from 90 days to 60 days

2 Banks Chief Shifted in line with Govt. reforms of banking sector

Government replaced two high-profile public sector bank chiefs on Friday for failing to do enough to revitalize their banks, in addition to appointing five new MDs and chief executives at state-run banks that are grappling with a pile of stressed loans in formation of huge NPA.

Participation of India in ICC Champions Trophy is not confirmed

Board of Control for Cricket in India(BCCI) Special General Meeting (SGM), that will be held on 7th May in New Delhi, clears the selection of the Indian cricket team for the ICC Champions Trophy, as also demanded by the Committee of Administrators (CoA). If the Supreme Court-appointed CoA backs the decision to send notice to the International Cricket Council (ICC) to cure the breach made to the revenue and governance model. BCCI members are also against further delay in the selection of the Indian team because of the lengthy visa procedure and paperwork involved.