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What Happened on 17 October 2017 - Major News and Events of 17 October 2017
 
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Major News and Events of 17 October 2017

What Happened on 17 October 2017


17 October 2017 Current Events All India Institute of Ayurveda inaugurated

Prime Minister stated that Ayurveda experts need to find medicines which give immediate relief to patients and also keep side effects at bay.

Prime Minister Narendra Modi dedicated to the nation All India Institute of Ayurveda at Sarita Vihar in New Delhi. According to reports, the first phase of the project has been completed at a cost of 157 crore rupees and its campus is spread over 10 acres and its has both hospital and academic blocks. 

Prime Minister stated that there should be an Ayurveda hospital in every district of the country and AYUSH Ministry is working in this direction. Mr Modi said that in the last three years, more than 65 Ayush Hospitals have been opened in the country.


Gold options trading on MCX launched

Finance Minister Arun Jaitley has launched gold options trading on the leading commodity bourse MCX. MCX is the leading commodity bourse in the country with a market share of over 90 per cent. Options are derivatives which give a buyer the right but not the obligation to buy or sell an underlying asset or instrument at a specific price on or before a certain date.

This is the first product for options trading that the regulator Sebi has allowed after 14 years of commencement of commodity exchanges in the country.The gold options contract launched today allows trading in 1kg gold.


All India Institute of Ayurveda inaugurated

Prime Minister stated that Ayurveda experts need to find medicines which give immediate relief to patients and also keep side effects at bay.

Prime Minister Narendra Modi dedicated to the nation All India Institute of Ayurveda at Sarita Vihar in New Delhi. According to reports, the first phase of the project has been completed at a cost of 157 crore rupees and its campus is spread over 10 acres and its has both hospital and academic blocks. Prime Minister stated that there should be an Ayurveda hospital in every district of the country and AYUSH Ministry is working in this direction. Mr Modi said that in the last three years, more than 65 Ayush Hospitals have been opened in the country.

Gold options trading on MCX launched

Finance Minister Arun Jaitley has launched gold options trading on the leading commodity bourse MCX. MCX is the leading commodity bourse in the country with a market share of over 90 per cent. Options are derivatives which give a buyer the right but not the obligation to buy or sell an underlying asset or instrument at a specific price on or before a certain date.This is the first product for options trading that the regulator Sebi has allowed after 14 years of commencement of commodity exchanges in the country.The gold options contract launched today allows trading in 1kg gold.




FAQs and Answers on Indian History and Geography
Which States Share Boundary with China?India, in total, shares land borders with 6 sovereign countries. China is one of those. Below are the Indian states which share borders with the country. 1. Jammu and Kashmir This northern state of India is mostly located in the Himalayan mountains. It shares a… Read More...
Which States Share Boundaries with Pakistan? There are four states that share a border with Pakistan, namely, Jammu and Kashmir, Punjab, Rajasthan, and Gujarat. The India Pakistan Border is quite intriguing. Since India has installed 1,50,000 flood lights on… Read More...
Which Places in India Still Largely Speak Sanskrit?Sanskrit is considered as Dev Bhasha, the language of Gods. It has a history of around 3500 years. It used to be a primary language of ancient India. Its earliest form Vedic Sanskrit, was prevalent from 1500 500 BCE. However, it is fading… Read More...



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