Wednesday, 19 August 2015

Current News 20-August-2015

1.  Banking, as we have known it, appears headed for an upheaval. The Reserve Bank of India on Wednesday 'in principle' cleared 11 entities - including department of posts, top conglomerates such as Aditya Birla Group, telecom giants like Airtel and Vodafone, and a number of tech and finance companies - to set up 'payments banks'.

2.   Despite a broad consensus to bring back class X board examination and revoke the " no detention" policy, no decision could be taken in the 63rd meeting of the Central Advisory Board of Education on Wednesday. But class X board examination can be brought back through an executive order. 

3.   Controversial godwoman Radhe Maa was questioned at the Kandivli police station on Wednesday in connection with a dowry harassment case. Cops shot 23 questions at her during the 25 minutes she spent at the police station. The police said the name "Daddy" had repeatedly cropped up during the probe and they wanted to ask the godwoman who he was. Radhe Maa said he was her husband.

4.  After the Bombay high court lifted the ban imposed by Food Safety and Standards Authority of India (FSSAI) on Maggi noodles, the Supreme Court on Wednesday slammed the regulator for exceeding its authority in imposing a virtual ban on food and health supplements through a 2013 advisory making prior approval mandatory.

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