Current Affairs India - 6-7 June 2016

1. Congress Legislature Party leader V Narayanasamy was sworn in as Chief Minister of the Union Territory of Puducherry by Lt. Governor Kiran Bedi who administered the oath of office.


2. Bharti Airtel has appointed Ashok Ganapathy as Director for Airtel Business with effective from 1st July 2016. He will replace Manish Prakash who has been appointed as the Director - Strategic Alliances.


3. Facebook India has appointed Umang Bedi as managing director. He will take over from Kirthiga Reddy, who will return back to the US to take on a new role.


4. The International Olympic Committee has awarded the Olympic Order to Indian Olympic Association president N. Ramachandran for his outstanding services to the Olympic movement. He is an Indian squash administrator and became the president of Indian Olympic Association (IOA) in February 2014.


5. Famous Indian sand artist Sudarsan Pattnaik won gold medal in people's choice prize at world championship festival of sand sculpting Russe, 2016, Bulgaria for his sand sculpture "Drugs Kill Sports ".


6. Reserve Bank of India Governor Raghuram Rajan has announced the Second Bi-monthly Monetary Policy Statement for the year 2016-17 this week in which he has kept the repo rate unchanged at 6.5%, reverse repo rate unchanged at 6 % and CRR unchanged at 4%.LAF will remain unchanged at 6%, and the MSF rate and the Bank Rate at 7 %. 


7. HDFC Ergo, a joint venture between home loan major HDFC and German insurer Ergo International, acquired L&T General Insurance for Rs.551 crore. This acquisition will help HDFC Ergo become the third-largest private general insurer, after ICICI Lombard and Bajaj Allianz General Insurance.


8. Legendary Indian body builder and India's first Mr. Universe Manohar Aich, passed away due to age related illness in Kolkata this week. He was 102. Known as Pocket Hercules due to his 4 feet 11 inch height, he won Asian Games gold deal three times and also the first Indian to win the Mr Universe title post-independence in 1952.


9. Veteran Hindi and Marathi actor, Sulabha Deshpande passed away this week. She was 82. She was awarded with the 1987 Sangeet Natak Akademi Award for Hindi-Marathi theatre.