Current Affairs November 10, 2017

Current Affairs November 10, 2017

1. Government notifies Tax Avoidance Protocol between India and New Zealand:

• With an aim to avoid double taxation and preventing tax evasion, the Government has notified the third protocol between India and New Zealand.
• The protocol aims to update the existing provisions of exchange of tax related information as per the latest international standards which will lead to curb the tax evasion and establish mutual assistance in tax collection.

2. Reintroduction of Odd-Even Scheme in Delhi:

• The Delhi Government has announced to reintroduce the odd-even scheme in the national capital from 13^th to 17^th November 2017.
• The step has been taken after the Environment Pollution Authority has declared that the pollution level has reached ‘Severe Plus’ level in the national capital.

3. Bank of China begins operation in Pakistan:

• The Bank of China has launched its first branch in Karachi with an aim to strengthen the financial relations between the two countries.
• This move will increase the diversity of foreign banks in Pakistan that would expect to strengthen the country’s economy.

4. India-Bangladesh Train Service inaugurated between Kolkata and Khulana:

• Prime Minister NarendraModi and his Bangladeshi counterpart Sheikh Haseena have jointly inaugurated the direct train service “Bandhan Express” between Kolkata and Khulna through video conferencing.
• 

5. EU launches Election Observation Mission for Nepal Elections:

• The European Union has officially launched its Election Observation Mission for conducting and monitoring the general and provincial elections in Nepal from 26^th November to 7^th December.
• EU has provided 3.5 million euros for the entire election process.

6. Hong Kong, world’s top city for International visits:

• Hong Kong has retained the status of world’s most visited city by international travellers in the recently released report that highlights the growth in the Asian Tourism.
• The country has managed to remain on the same position in spite of its growing tension with its neighbour China.

7. HDFC bank launches Smart up zone in Kochi:

• India’s second largest private sector lender HDFC has announced the launch of its Smart Up zone in Kochi which would be exclusively dedicated for start-ups.
• These zones will be launched in over 65 branches in 30 cities across India.