Current Affairs

                                                                                   Current Affairs

  

June - 10

• The United States and the United Kingdom have recently unveiled a groundbreaking strategic pact known as the “Atlantic Declaration.”

• The Financial Services Institution Bureau (FSIB) has selected N Ramaswamy, General Manager, General Insurance Corporation of India (GIC Re), as the next Chairman and MD (CMD) of the company while M Rajeswari Singh, General Manager & Director (GMD), United India Insurance, has been chosen as the CMD of National Insurance Company (NIC).

• V Anantharaman, a seasoned banker with extensive experience in the banking industry, has been appointed as the non-executive chairman of credit bureau TransUnion CIBIL. 

• The Reserve Bank of India (RBI) has taken a significant step to enhance the trade receivables discounting system (TReDS) by allowing insurance companies to participate as stakeholders.

• A Memorandum of Understanding (MoU) was signed between Indian Institute of Corporate Affairs (IICA) and Rashtriya Raksha University (RRU).

• According to Mercer’s Cost of Living survey, Mumbai has been identified as the most expensive city for expatriates in India.