1. Unveiling a set of 13 corporate governance principles for the banking sector, the BCBS has said that regulators should set corporate governance guidelines in line with these principles, besides addressing expectations for checks and balances, clear allocation of responsibilities, accountability and transparency among the members of the board, senior management and within the bank.
2. The January-June period of 2015 was the hottest such period since 1880, the US National Oceanic and Atmospheric Administration (NOAA) has said. During the period, the average temperature across global land and ocean surfaces was 0.85 degrees Celsius above the 20th century average.
3. Seven Indian companies, including Reliance Industries and Tata Motors, are among the world’s 500 largest companies, according to a list compiled by Fortune that has been topped by retail giant Walmart. While Indian Oil, Reliance, Bharat Petroleum, Hindustan Petroleum, and Oil and Natural Gas slipped in rankings from the previous year, Tata Motors and SBI improved in rankings.
4. Popular Tamil film producer Ibrahim Rowther, who gave actor Vijayakant his moniker ‘Captain’ and produced some of his biggest hits such as Pulan Visaranai and Captain Prabhakaran, died in Chennai. He was 64 years old.
5. With 14,310 suicides contributing 10.9 percent of total suicides in the country in 2014 West Bengal ranks third among of States in the number of suicides after Maharashtra and Tamil Nadu as per the statistics released by National Crime Records Bureau (NCRB). Rate of suicides per lakh population in West Bengal was 15.5 per cent, while the national average was 10.6 per cent in 2014.
6. Non-resident Indians (NRIs) can invest in National Pension System (NPS) to get a social security cover, pension regulator PFRDA’s Chairman Hemant Contractor has said. While RBI has communicated to PFRDA about NRIs being eligible to make such investments, the government will shortly come out with a clarification on Foreign Exchange Management Act (FEMA) guidelines to facilitate non-resident Indians to invest in National Pension System (NPS), he said.
|24 July 2015 Current Affair Updates Download | Daily GK Updates|
7. Nobel prize winner Peter Higgs has joined the ranks of Charles Darwin and Albert Einstein by winning the world’s oldest scientific prize, the Royal Society’s Copley Medal, for his pioneering work on the theory of the Higgs boson, which was discovered in 2012. The Copley medal was first awarded by the Royal Society in 1731, 170 years before the first Nobel Prize.
8. R K Pachauri, accused of sexual harassment by a woman employee, has been sacked as the chief of The Energy and Resources Institute (TERI). He will be replaced by Ajay Mathur who is the Director General of Bureau of Energy Efficiency.
9. Indian hockey legend Major Dhyan Chand will be conferred with the ‘Bharat Gaurav’ Lifetime Achivement Award by NRI orgainsation Sanskriti Yuva Sangstha at the House of Commons inside the British Parliament of July 25. On behalf of Dhyan Chand, his son and former Indian hockey player Ashok Kumar will receive the award.
10. India and Russia pursue joint programmes in a few areas of space research. Indian Space Research Organisation (ISRO) and Russian Federal Space Agency (ROSCOSMOS) have signed a new Memorandum of Understanding (MoU) on expansion of cooperation in the field of the exploration and use of outer space for peaceful purposes. There is no transfer of space technology envisaged under this MoU.