Wednesday, 2 September 2015

Current Affairs 3-Sep-2015

1. Union Cabinet has approved Marginal Fields Policy (MFP) for the development of unexploited hydrocarbon discoveries by state owned oil companies.

2. Canada’s economy has fallen into a recession for first time after global financial crisis of 2009. Statistics Canada, nodal national statistical agency of Canada has reported that its economy i.e. Gross Domestic Product (GDP) has retreated at an annual pace of 0.5 per cent from April through June 2015.

3. NASA and US Agency for International Development (USAID) have started the SERVIR-Mekong project, to strengthen the environmental monitoring in Southeast Asia region.

4. Union Government has accepted Justice AP Shah Committee report on the Minimum Alternative Tax (MAT) on foreign institutional investors (FIIs).

5. Maharashtra Government has decided to take ordinance route to amend Maharashtra Prevention of Dangerous Activities (MPDA) Act, 1981.

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