- Current Affairs December 2015
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Current Affairs Dec 2015 - Places In the NEWS
News 1 - Commanders Conference held in Kochi.
Prime Minister Narendra Modi on 15 December 2015 chaired the combined Commanders Conference, an annual tri-services event held on board INS Vikramaditya about 50 kms off Kochi coast, Kerala.
The Conference, also known as the Unified Commanders’ Conference, is an occasion in which India’s defence policy, doctrine and operational challenges are discussed in detail. Other participants of the event included Defence Minister, Manohar Parrikar, National Security Advisor, Ajit Doval, and Chiefs of Army, Navy and Airforce.
News 2 - GIFT City Phase-2 work launched.
Gujarat International Finance Tec-City (GIFT City) on Monday announced the launch of the Phase-2 development, which will be focused on International Financial Services Centre (IFSC) to be set up in GIFT SEZ. GIFT IFSC has already made allotment to around 20 institutions, including leading names such as SBI, IDBI Bank, ICICI Bank, Kotak Mahindra Bank and YES Bank.
GIFT has also signed Memorandum of Understanding (MoU) with various leading Capital Market players namely, BSE, NSE, MCX and DMCC. India’s first IFSC is already operational with the commencement of IFSC banking units by Yes Bank & Federal Bank in November 2015.