Current Affairs 25th July 2014

Current Affairs 25th July 2014

Updated : 25-Jul-2014

Current Affairs 25th July 2014 - Important Points
Current Affairs 25th July 2014 - Details
20th Commonwealth Games started at Celtic Par in Glasgow in Scotland
On 23rd July 2014, The Glasgow Commonwealth Games 2014 got off at the Celtic Park in Glasgow in Scotland. The 2014 Games are the 20th Commonwealth Games.

The Game was declared open by the British Queen Elizabeth II after more than two hours of colourful opening ceremony.
During the ceremony a minute's silence was observed in memory of the 298 people who died when flight MH17 crashed in the Ukraine.
The players parade was led by India, by the virtue of being the previous hosts of Commonwealth Games in 2010. 2012 London Olympics silver medallist shooter Vijay Kumar led the Indian contingent.
Arseniy Yatsenyuk, Prime Minister of Ukraine resigned
Among the International Current Affairs, Ukrainian Prime Minister Arseniy Yatsenyuk announced his resignation on 24th July 2014, opening the way for new elections that would reflect the country's starkly changed political scene after the ouster of pro-Russian President Viktor Yanukovych in February.
The collapse of the ruling coalition will lead to early elections, which will be called by the President Petro Poroshenko within 30 days.
Two Ukrainian parties, viz., Udar or Punch Party and Svoboda or Freedom Party left the majority coalition, paving way for new election.

Malabar Maritime Exercise featuring Indian, Japanese and US Navy started
Naval forces from India, Japan and the United States are participating in exercise Malabar 2014, July 24 - 30 in Japan. Malabar is a complex, high-end warfighting exercise that has grown in scope and complexity over the years. Malabar 2014 is the latest in a continuing series of exercises conducted to advance multinational maritime relationships and mutual security issues.
Japan is participating in the Malabar exercises for the third time since it first participated in 2007.
Designed to enhance maritime cooperation among the navies of the participating nations, these exercises further hone individual capacity to conduct operations in a multi-national environment.
Supreme Court appointed R S Cheema as special public prosecutor in coal scam
Supreme Court on 25th July 2014, appointed senior advocate RS Cheema as the Special Public Prosecutor (SPP) for trial in coal blocks allocation scam. It also appointed additional sessions judge as special court for the trial of those cases.
The appointment of R S Cheema came following the refusal of senior advocate Gopal Subramanium and Dayan Krishnan to accept the assignment.
Besides, SC Bench headed by Chief Justice R M Lodha also approved the appointment of Additional Sessions Judge Bharat Parashar as a judge of the special CBI court. The special CBI court will conduct the trial on day-to-day basis.
Cabinet clears 49% FDI in insurance
The Cabinet on 24th July 2014, gave go-ahead to FDI cap hike in insurance to 49 per cent with a rider that management control will remain in the hands of Indian promoters, thus paving way for inflow of as much as Rs 25,000 crore foreign funds in the sector.
The decision was taken in the meeting of the Cabinet Committee on Economic Affairs (CCEA) headed by Prime Minister Narendra Modi.
The move will probe beneficial for the insurance firms, which will now be able to enjoy much needed capital from overseas partners.