Date-02-06-2015 Meena Hemchandra appointed as Executive Director of RBI Meena Hemchandra appointed as the Executive Director (ED) of Reserve Bank of India (RBI. As an ED, She will look after Department of Banking Supervision, Department of Cooperative Banking Supervision and Department of Non-Banking Supervision.She succeeded Chandan Sinha. India, Sweden signed 6 agreements during visit of Pranab Mukherjee to Sweden India and Sweden signed 6 agreements to boost ties and restart the bilateral strategic dialogue. The agreements were inked in presence of President Pranab Mukherjee, who is on a state visit to Sweden. P Kunhikrishnan appointed as Director of Satish Dhawan Space Centre (SDSC) SHAR P Kunhikrishnan appointed as the Director of Satish Dhawan Space Centre (SDSC) SHAR. He succeeded MYS Prasad, who superannuated in May 2015. Union Ministry of Textiles announced to hold 30th India Carpet Expo in Varanasi in October 2015 Union Ministry of Textiles announced to hold 30th India Carpet Expo in Varanasi in October 2015. It would be held from 11 October to 14 October 2015 at Sampurnanand Sanskrit University Ground. S Somanath appointed as Director of Liquid Propulsion Systems Centre, ISRO S Somanath appointed as the Director of Liquid Propulsion Systems Centre (LPSC) . LPSC works under the Indian Space Research Organisation (ISRO) and is located at Trivandrum, Kerala. He succeeded K Sivan, who took over as the Director of the Vikram Sarabhai Space Centre (VSSC). K Sivan appointed as Director of Vikram Sarabhai Space Centre (VSSC), ISRO K Sivan appointed as the Director of the Vikram Sarabhai Space Centre (VSSC), an organisation that works under Indian Space Research Organisation in Thiruvananthapuram, Kerala. President gave assent to 119th Constitutional Amendment Bill on LBA between India and Bangladesh President of India Pranab Mukherjee gave his assent to the Constitution (119th Amendment) Bill, 2013 that related to the Land Boundary Agreement (LBA) between India and Bangladesh. It is the 100th amendment to the Indian Constitution and amends its first schedule. Intel announced to buy Altera for 16.7 billion US dollars Intel Corporation announced that it will acquire Altera Corporation for 16.7 billion US dollars.Intel, the world’s largest chipmaker, will pay 54 dollar a share in cash to Altera to complete the acquisition process. RBI permitted cross holding in infrastructure bonds The Reserve Bank of India (RBI) allowed cross holding in long-term infrastructure bonds. With this, now banks would be able to cross hold these bonds among themselves for financing infrastructure and affordable housing loans, which earlier was not permitted. Two patients died from MERS virus in South Korea Middle East Respiratory Syndrome (MERS) Virus was in news in the first week of June 2015 as for the first time two patients infected by MERS virus died in South Korea. Trial run of Kolkata-Dhaka-Agartala bus service began The trial run of Kolkata-Dhaka-Agartala direct bus service began on 1 June 2015. The bus started its journey from Kolkata with senior officials of West Bengal Transport Department (WBTD). 92-year-old Harriette Thompson became oldest woman to complete a marathon Harriette Thompson, a 92 year 65 days old cancer survivor, became the oldest woman to finish a marathon. McCullum, Hesson honoured in Queen’s Birthday Honours in New Zealand New Zealand cricket captain Brendon McCullum and Coach Mike Hesson honoured with Officers of the New Zealand Order of Merit (ONZM). Pawan Munjal appointed as the CMD of Hero MotoCorp Ltd Pawan Munjal appointed as the Chairman and Managing Director (CMD) & CEO of Hero MotoCorp Ltd (HMCL). He succeeded his father Brijmohan Lall Munjal. Ravi Shastri to continue as Indian team director Former captain Ravi Shastri retained as director of the Indian cricket team for the tour of Bangladesh starting June 10. BIS App launched Union Food and Consumer Affairs Minister Ram Vilas Paswan launched a BIS App to register complaints against sub-standard quality of ISI marked products and Hallmark jewellery. Bangladesh Liberation War award for Vajpayee Bangladesh is set to honour former Prime Minister Atal Behari Vajpayee for his outstanding support for the country’s independence from Pakistan in 1971 when he was a Lok Sabha member. Bangladesh will hand over Vajpayee’s “Friends of Bangladesh Liberation War Award” to Prime Minister Narendra Modi during his upcoming visit to the country from June 6. RBI lowers repo rate to 7.25 per cent The Reserve Bank of India in its second bi-monthly policy announced on has reduced the policy repo rate under the liquidity adjustment facility (LAF) by 25 basis points from 7.5 per cent to 7.25 per cent with immediate effect. Hemant Sonawala, the pioneer of India’s IT industry, died.He was 78. Hollywood actress Betsy Palmer passed away. She was 88. Philipose G Pynumootil appointed as Assistant Chief of Naval staff (Air) Jyoti Prasad Rajkhowa sworn-in as Arunachal Pradesh Governor