Current Affairs for 26 December 2015

Seychelles allowed India to build Naval Base on its Assumption Island

  • Seychelles allowed India to build Naval Base on its Assumption Island in the Indian Ocean region on 24th December 2015. It will be used by both the countries.


Chilukoti Kashi Viswanath, senior Telugu Actor, died

  • Chilukoti Kashi Viswanath, senior Telugu Actor, died on 22nd December 2015. He was awarded with Sahitya Academy Award in the year 1980 and also awarded with Nandi Awards for his play Kala Sagar.

CCEA approved to invest Rs.5000 Crore by ONGC Videsh

  • Cabinet Committee on Economic Affairs (CCEA) approved to invest Rs.5000 Crore by Oil and Natural Gas Company Limited Videsh with the aim to strengthen the capital base of ONGC Videsh.

RBI launched a dedicated helpline for start-ups on Forex Matters

  • RBI launched a dedicated helpline for start-ups on Forex Matters in India on 22nd December 2015. It is important to noting that Cross-border transactions of Indians are subject to the regulatory regime.

Bihar approved the Patna Metro Rail Project

  • On 22nd December 2015, CM of Bihar Nitish Kumar approved the project of Patna Metro Rail. The project aims at two corridors in the 1st phase which will cover about 31 km.

Govt. of India approved the Lucknow Metro Rail Project Phase-1 A

  • Govt. of India approved the Lucknow Metro Rail Project Phase-1 A. The project will cover about 22.878 km and 22 stations. The project will cost about Rs.6928 Crore.

Zimbabwe adopted the currency of China ‘Yuan’

  • Zimbabwe adopted the currency of China ‘Yuan’ as its main currency as announced by Finance Minister of Zimbabwe Patrick Chinamasa on 21st December 2015.

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