Current Affairs India - 12 June 2015

1. Prof Sanghmitra Bandyopadhayay was appointed as the Director of Indian Statistical Institute (ISI) by the Union Ministry of Statistics and Programme Implementation (MOSPI). With this, she becomes the first woman to lead the institute. She replaced Dr Bimal K Roy who was removed by the Government due to indiscipline.


She completed ME in computer science from the Indian Institute of Technology Kharagpur (IIT KGP) and completed Ph. D. at the ISI. She was also awarded with the Shanti Swaroop Bhatnagar Award in 2010 for her contributions to engineering sciences


2. Vinita Bali has been appointed as the Chair of Board of Directors of the Global Alliance for Improved Nutrition (GAIN). She succeeds Jay Naidoo, who led GAIN since its creation in 2002. Vinita has been on the board of GAIN since 2010 and has led large companies in different marketing and general management roles in different country.


3. Ravi Garikipati was appointed as Entrepreneur in Residence of online portal Flipkart.com. After this, he will report to head of Flipkart-s e-commerce platform Mukesh Bansal and Flipkart founders Sachin Bansal and Binny Bansal on new business projects.


4. Global e-commerce giant Amazon has opened a Fulfilment Centre near Hyderabad in Telangana which is the biggest facility for the company within India. The present centre is spread across 2.80 lakh sqft facility and will be used to help small and medium businesses (SMBs) to utilize the logistics and delivery capabilities offered by Amazon.


5. India-s foreign exchange reserves increased marginally by USD 239.4 million to USD 352.71 billion for the week ended June 5, as per weekly RBI data released today. The foreign currency assets, which is a major component of overall reserves, increased by USD 192.9 million to USD 328.012 billion in the reporting week.


Total Gold reserves also increased by USD 4.5 million to USD 19.34 billion. The special drawing rights with the IMF were increased by USD 31.7 million to USD 4.05 billion, and the country-s reserve position with the fund increased by USD 10.3 million to USD 1.31 billion.