Current Affairs 26th July 2014

Current Affairs 26th July 2014

Updated : 27-Jul-2014

Current Affairs 26th July 2014 - Important Points
Current Affairs 26th July 2014 - Details
15th anniversary of Kargil Vijay Diwas was Celebrated across the country on 26 July
On 26th July 2014, 15th anniversary of Kargil Vijay Diwas was celebrated across India. The day is celebrated in the honour of war heroes of Kargil every year.

Defence Minister Arun Jaitley, Army chief Bikram Singh,Navy chief Robin Dhowan and Air Force chief Arup Raha paid tribute to martyrs at Amar Jawan Jyoti, India Gate in New Delhi.
On the eve of KargiL Vijay Diwas announce that Union government will soon finalise the construction of National War Memorial and War Museum for which the Union government has earmarked 100 crore rupees in the Union Budget 2014-15. The war memorial and museum will be constructed at Princess Park at India Gate Complex in New Delhi.
Union Government revised Investment target for DFC to 80000 crore rupees
On 25th July 2014, The Union Government revised investment target for Dedicated Freight Corridor (DFC) from 27000 crore rupees to 80000 crore rupees. The announcement was made by the Railway Board Chairman, Arunendra Kumar during the ASSOCHAM conference in New Delhi.
RBI penalises 12 banks in the case of Deccan Chronicle Holdings
On 25th July 2014, RBI penalised 12 banks in Deccan Chronicle Holdings Limited case. The penalties were imposed by RBI in exercise of the powers vested in the RBI under the provisions of Section 47A (1) read with Section 46(4)(i) of the Banking Regulation Act, 1949.
These 12 banks are Andhra Bank, Axis Bank, Canara Bank, Corporation Bank, HDFC Bank, ICICI Bank, IDBI Bank, IndusInd Bank, Kotak Mahindra Bank, Ratnakar Bank, State Bank of Hyderabad and Yes Bank.
The penalties were imposed after RBI carried out the scrutiny of the loan and current account of Deccan Chronicle in these banks in 2013. In the scrutiny, RBI found that proper guidelines were not followed in advancing loan to the Deccan Chronicle group which defaulted to the extent of 4000 crore rupees.

CAG Of India, Shashi Kant Sharma joins UN board of auditors
On 25th July 2014, The Comptroller & Auditor General of India, Shashi Kant Sharma assumed office as Member of the United Nations Board of Auditors for a term of six year upto June 2020.
The United Nations General Assembly established the United Nations Board of Auditors to audit the accounts of the United Nations Organization and its funds and programmes and to report its findings and recommendations to the UN General Assembly.
BJP veteran Kaptan Singh Solanki appointed Haryana Governor
On 25th July 2014 Veteran BJP leader Kaptan Singh Solanki was appointed as the Governor of Haryana by President of India Shri Pranab Mukhejee. He will succeed Jagannath Pahadia who completed his tenure on 26th July 2014.
He served as the member of Parliament of India representing Madhya Pradesh State in the Rajya Sabha since August 2009. He was re-elected for the second term in Rajya Sabha in April 2012. From August 2009 onwards, he has been serving as the Member of Committee on Food, Consumer Affairs and Public Distribution.