April 07

  • As per first bi-monthly monetary policy review for 2017-18 of the Reserve Bank of India (RBI), the repo rate — the main policy rate at which banks borrow from RBI remain unchanged at 6.25%.
  • The Madhya Pradesh government- run Maharshi Patanjali Sanskrit Sansthan will start a one-year diploma course on Hindu priesthood ‘Purohityam’ from July 2017.
  • The United Nations (UN)’s International Day of Sports for Development and Peace (IDSDP) is observed every year on April 6 to recognize the power of sport in promoting peace and its ability to inspire.
  • The Government of India (GoI) and the United Kingdom (UK) have decided to set up a fund worth £240 million to finance clean energy projects in India.
  • India’s Travel & Tourism sector has been ranked 7th in the world in terms of its total contribution to the country’s GDP, according to the latest report of the World Travel and Tourism Council (WTTC).
  • The Asian Development Bank (ADB) has approved a $175 million loan to Power Grid Corporation of India Ltd. (PGCIL) to expand its solar energy transmission network in the country.
  • The World Health Day (WHD) is observed every year on April 7 to mark the anniversary of the founding of the World Health Organization (WHO).
  • The National Tuberculosis (TB) summit has started in Kangra district of Dharamshala, Himachal Pradesh on April 7, 2017.
  • Marathi film ‘Kasaav’ has won the Best Film award at the 64th National Awards, which were announced at the National Media Centre (NMC) in New Delhi on April 7, 2017.
  • India and Israel have signed mega defence deals worth over $2 billion for advanced Surface-to-Air Missile (SAM) systems, which are designed to destroy hostile aircraft, missiles and drones at a range of 70-km.
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