Shaktikanta Das appointed new RBI Governor
- The government has appointed Shaktikanta Das as the new RBI governor.
- This comes a day after Urjit Patel resigned from his post as RBI Governor.
- Shaktikanta Das is the 25th Governor of the Reserve Bank of India.
- Das is the former economic affairs secretary, serving in the post from 2015 to 2017.
Government increases contribution to NPS from 10% to 14%, no tax on withdrawal
- The Centre is increases its contribution to the National Pension System (NPS) for the central government employees to 14%.
- The government also made the entire withdrawal amount tax free at the time of retirement.
HAL’s Light Utility Helicopter achieves milestone of flying at 6 km altitude
- The Light Utility Helicopter, being developed by Hindustan Aeronautics Limited (HAL), has achieved an important milestone of flying at 6 km altitude.
- The Light Utility Helicopter will replace the aging Cheetah and Chetak helicopters.
- The LUH is a 3-ton class new generation helicopter designed and developed by the HAL’s Rotary Wing Research and Design Center (RWR&DC).
India successfully test-fires inter-continental ballistic missile Agni-5
- Agni-5, one of India’s indigenously built Inter-Continental Ballistic Missiles, has been test-fired successfully.
- It was launched from the Chandipur Interim Test Range on Abdul Kalam Island.
- Agni-5 can carry both nuclear and traditional weapons.
- It can hit its targets at a distance of 5,000 kilometres.
More on Current Affairs
Stay up to date with current affairs and to test your general knowledge. Check out our latest Current Affairs quiz.
Limited-time offer: Big stories, small price. Keep independent media alive. Become a Scroll member today!
Our journalism is for everyone. But you can get special privileges by buying an annual Scroll Membership. Sign up today!