current affairs of January 17th 2017 for IBPS CLERK,PO/MT,SO,SSC CGL,CHSL,MTS EXAMS

• The Reserve Bank of India(RBI) raised the daily cash withdrawal limit from Automated Teller Machines(ATMs) to 10,000 INR from the existing 4,500 INR.However,the weekly withdrawl limit of 24,000 INR to remain the same.
• The Goods and Services Tax(GST) bill likely to be implemented from July 1st,2017 instead of the original rollout deadline of April 1st,2017.
• The Supreme Court has directed the centre to see if it was feasible to bring Internet messaging applications like Whatsapp under a statutory regulatory framework.
• The Council of Scientific and Industrial Research(CSIR) is planning to set up an innovation fund worth 400-500 crore INR,to invest in early stage startups and production innovation.
• Indian-American Balaji Srinivasan is being considered for a role in the United States Food and Drug Administration(FDA) under president Donald Trump.Mr srinivasan is currently Chief Executive Officer(CEO) and co-founder of bitcoin startup 21.co
• The International Monetary Fund(IMF) expects India to record a growth of 6.6% for the year 2017 and 7.2% next year(2018).
• XCMG China,one of the world's largest construction machinery companies in collaboration with concrete machinery company Schwing Setter India will set up a manufacturing facility in the south with an investment of $150 million.
• Mani Palvesan takes charge as the Managing Director(MD) of State Bank of Hyderabad(SBH) with effect from Jauary 14th,2017.Mr Palvesan succeeded Santanu Mukherjee who attained superannuation on December 31st,2016.
• Andhra Bank announced the launch of a new initiative 'AB e-Vyapar' for cashless transactions through mobile phones for which only the Aadhar number is required.
• Theresa May is set to become the first British Prime Minister to feature on the cover of American magazine,'Vogue'.
• According to the World Economic Forum's(WEFs) 'Inclusive Growth and Development Report 2017',India has been ranked 60th among 79 developing economies in the inclusive development index.Lithuania,Azerbaijan,Hungary are top ranked economies.
• India has emerged as the most trusted nation in terms of its institutions by general population and also has a 'global implosion of trust' worldwide.