Daily Current Affairs Update August-12 2017
1.As per Economic Survey 2016-17 Volume II, tabled in Parliament by Finance Minister Arun Jaitley on August 11, 2017, meeting the upper end of the 6.75-7.5 per cent GDP growth forecast for 2017-18 will be a challenge.
2. Department of Industrial Policy and Promotion (DIPP) under Ministry of Commerce and Industry has approved two projects for development of industrial clusters at Hindupur and Bobbili in the respective districts of Ananatapur and Vizianagaram of Andhra
3. Government has fixed an ambitious target of installing 60 giga watt (GW) wind power capacity in the country by 2022.
#Power Minister Piyush Goyal
4. The Bank of England (Headquarters:Threadneedle Street London,England) has announced that it would not change the way its new plastic banknotes are made. Some vegetarians and religious groups have concerned about trace amounts of animal fat used in their production.
5. Markets regulator SEBI has entered into a pact with its counterpart in Iran.
6. Facebook to monitor MSME growth in Odisha, launches SheMeansBusiness
#Facebook has partnered with the Odisha’s MSME department and Project Mission Shakti to train 25,000 entrepreneurs by the end of 2018.
7. Indian Oil Corporation (IOC) bought 1.9 million barrels of U.S. crude in its second import tender making it the first Indian refiner to purchase Eagle Ford shale oil
8. ReenatSandhu, (lFS: 1989), presently Ambassador of lndia to ltaly. She has been concurrently accredited as the next Ambassador of lndia to the Republic of San Marino, with residence in Rome.
9.According to the previous FIFA rankings ,India dropped one step to be placed 97th in the latest edition of the FIFA rankings
#1..Brazil
10.The International Youth Day: 12 August.
The International Youth Day was observed across the world on 12 August with the theme 'Youth Building Peace'.
11. The Centre has appointed lyricist Prasoon Joshi as Chairman of the Central Board of Film Certification (CBFC) for a period of three years. Mr. Joshi has replaced former Chairman Pahlaj Nihalani.
12. Legendary Indian athlete Milkha Singh has been appointed WHO Goodwill Ambassador for Physical Activity in South-East Asia Region.
#WHO headquarters in Geneva, Switzerland.
13. In Kenya, Uhuru Kenyatta has been re-elected as President following the election.
14. National Payments Corporation of India (NPCI) has appointed Dilip Asbe to act as its chief executive officer in the wake of the retirement of A. P. Hota, its founding managing director.
15. Jet Airways India Ltd named Vinay Dube as its Chief Executive Officer (CEO)
16. Ruth Pfau, a German nun who devoted her life to combatting leprosy in Pakistan, has died at the age of 87. Pfau, who was known locally as Pakistan's Mother Teresa, came to the southern port city of Karachi in 1960.
17. Israeli Holocaust survivor Yisrael Kristal, certified by Guinness World Records as the world’s oldest man, died aged 113.
18. The Union Ministry of Environment and Forest has launched a nationwide campaign Gaj Yatra to protect elephants. It was launched on the occasion of World Elephant Day observed on August 12.
19. Veteran journalist T J S George has been chosen for the first Kesari Media Award, instituted by the Kesari Memorial Journalist Trust (KMJT).
20. The Securities and Exchange Board of India (SEBI) , the capital and commodity market regulator, has recently allowed Multi Commodity Exchange of India Ltd (MCX) to launch India’s first gold options contract soon. It will allow investors and hedgers to minimise their price risk at a fraction of cost compared to currently available futures trading. The headquarters of MCX is located in Mumbai, Maharashtra.
21. Recently, the All India Council for Technical Education (AICTE) has decided to close down those technical colleges which recorded less than 30% admissions in the last five years.
#Anil D Sahasrabuddhe, Chairman of AICTE.
22.The Vansda National Park (VNP) is a protected area which represents the thick woodlands of the Dangs and southern Gujarat and is situated in the Vansda tehsil, Navsari District of Gujarat.
23. Rinku Hooda (18) from India has won silver in the F46 javelin throw event at the World U-20 Para Athletics Championships in Nottwil, Switzerland .
24. The Parliamentary Panel headed by Maj. General (Retired) B C Khanduri has recently tabled its report in Parliament. In the report, the panel has recommended the 100% pension to widow of deceased soldier so that she can take care of her family
25. Upendra Kushwaha, the Minister of State for Human Resource Development, has launched the NCERT’s Web portal for supply of textbooks to schools and individuals.
26. US President Donald Trump had appointed Indian-American Neil Chatterjee as chair of the Federal Energy Regulatory Commission (FERC).
27. Union Minister of State for HRD (Human Resource Development) Mahendra Nath Pandey launched three-minute video of Indian National Anthem in sign language, featuring Bollywood actor Amitabh Bachchan along with physically challenged children with the Red Fort in the background.
28. The Indian Film Festival of Melbourne (IFFM) is an annual Indian film festival based in Melbourne, Australia, which runs from August 10th to 22ndacross five Melbourne HOYTS locations.
#Indian Actress Aishwarya Rai Bachchan hoists the Indian national flag at the Federation Square in Melbourne.
29. Bihar Chief Minister Nitish Kumar flagged off mobile therapy vans which would provide basic medical assistance to elderly people, widows and other section who requires social security.
30. World Renowned facial plastic surgeon Dr. Debraj Shome has been awarded with the prestigious 'Indian of the Year' award at the 8th Annual India Leadership Conclave & Indian Affairs Business Leadership Awards 2017
31. The Economic Survey has proposed Transparency of Rules Act (TORA), a legislation to end any asymmetry of information regarding rules and regulations faced by an average citizen.
32. Ahead of the Japanese Prime Minister Shinzo Abe’s scheduled visit to India in September, Gujarat government is setting up a brand new “Japanese Industrial Park” on the Delhi-Mumbai Industrial Corridor (DMIC) passing through Ahmedabad, that is spread on 1555 hectare and is 15 times bigger in size compared to an existing one.
33. Union Minister of State for Road Transport and Highways, Shipping and Chemicals and Fertilizers, Shri Mansukh Lal Mandviya, presided over the Memorandum of Understanding (MoU) signing ceremony between the Union Government and the State Government of Uttar Pradesh for opening 1000 Pradhan Mantri Bhartiya Janaushadhi Pariyojana (PMBJP) Kendras in the State.
34. Softbank announced that it has invested over $2.5 billion— a mix of primary and secondary capital—in the e-commerce company. With this massive infusion, Softbank has become one of Flipkart’s largest shareholders.
36. 12 Indian and British universities, including Oxford and Cambridge, has received a £7 million grant from the U.K. government to build self-sufficient solar-powered buildings in Indian villages.
#It is part of a new solar project called ‘SUNRISE’
37. NASA's Cassini spacecraft is set to begin its final five ultra-close orbits around Saturn before the probe plunges into the atmosphere of the ringed planet and ends its epic 20-year-long journey.
38. Shooter Maheshwari Chauhan bagged a bronze medal at the Asian Shotgun Championship to earn India's first women's skeet individual medal at a top international competition in Astana.Kazakhstan.
39. MoS for Petroleum and Natural Gas Dharmendra Pradhan commissioned Indian Coast Guard Ship Shaurya in Vasco, Goa.
#ICGS Shaurya is an offshore patrol vessel designed and built indigenously by Goa Shipyard
40. David Rasquinha has been appointed as the managing director of Export-Import Bank of India
41. According to Economic Survey India has emerged as one of the most open economies in the world for receiving FDI.
42. With $2.4 billion funding from SoftBank, Flipkart has become the 3rd most funded private company globally.
#Flipkart till date has raised almost $7 billion in capital, higher than that raised by Airbnb & Xiaomi.
The top 2 are both ridehailing platforms – China based Didi Chuxing & US-based Uber.
43 . Under a state govt scheme launched by CM Vijay Rupani, Around 3.5 lakh college students in Gujarat will get tablets at a subsidised rate of Rs 1,000.
#Under this scheme, 1st year college students in the state will get 7-inch ‘NAMO E-Tab’ tablets by just paying Rs 1,000. Govt has allocated Rs 200 cr for this scheme.
#NAMO E-Tab is acronym for ‘New Avenues of Modern Education through Tablets’.
44. Hike Messenger has acquired Creo – A Bengaluru-based tech start-up that makes dual-SIM smartphone Mark 1
2. Department of Industrial Policy and Promotion (DIPP) under Ministry of Commerce and Industry has approved two projects for development of industrial clusters at Hindupur and Bobbili in the respective districts of Ananatapur and Vizianagaram of Andhra
3. Government has fixed an ambitious target of installing 60 giga watt (GW) wind power capacity in the country by 2022.
#Power Minister Piyush Goyal
4. The Bank of England (Headquarters:Threadneedle Street London,England) has announced that it would not change the way its new plastic banknotes are made. Some vegetarians and religious groups have concerned about trace amounts of animal fat used in their production.
5. Markets regulator SEBI has entered into a pact with its counterpart in Iran.
6. Facebook to monitor MSME growth in Odisha, launches SheMeansBusiness
#Facebook has partnered with the Odisha’s MSME department and Project Mission Shakti to train 25,000 entrepreneurs by the end of 2018.
7. Indian Oil Corporation (IOC) bought 1.9 million barrels of U.S. crude in its second import tender making it the first Indian refiner to purchase Eagle Ford shale oil
8. ReenatSandhu, (lFS: 1989), presently Ambassador of lndia to ltaly. She has been concurrently accredited as the next Ambassador of lndia to the Republic of San Marino, with residence in Rome.
9.According to the previous FIFA rankings ,India dropped one step to be placed 97th in the latest edition of the FIFA rankings
#1..Brazil
10.The International Youth Day: 12 August.
The International Youth Day was observed across the world on 12 August with the theme 'Youth Building Peace'.
11. The Centre has appointed lyricist Prasoon Joshi as Chairman of the Central Board of Film Certification (CBFC) for a period of three years. Mr. Joshi has replaced former Chairman Pahlaj Nihalani.
12. Legendary Indian athlete Milkha Singh has been appointed WHO Goodwill Ambassador for Physical Activity in South-East Asia Region.
#WHO headquarters in Geneva, Switzerland.
13. In Kenya, Uhuru Kenyatta has been re-elected as President following the election.
14. National Payments Corporation of India (NPCI) has appointed Dilip Asbe to act as its chief executive officer in the wake of the retirement of A. P. Hota, its founding managing director.
15. Jet Airways India Ltd named Vinay Dube as its Chief Executive Officer (CEO)
16. Ruth Pfau, a German nun who devoted her life to combatting leprosy in Pakistan, has died at the age of 87. Pfau, who was known locally as Pakistan's Mother Teresa, came to the southern port city of Karachi in 1960.
17. Israeli Holocaust survivor Yisrael Kristal, certified by Guinness World Records as the world’s oldest man, died aged 113.
18. The Union Ministry of Environment and Forest has launched a nationwide campaign Gaj Yatra to protect elephants. It was launched on the occasion of World Elephant Day observed on August 12.
19. Veteran journalist T J S George has been chosen for the first Kesari Media Award, instituted by the Kesari Memorial Journalist Trust (KMJT).
20. The Securities and Exchange Board of India (SEBI) , the capital and commodity market regulator, has recently allowed Multi Commodity Exchange of India Ltd (MCX) to launch India’s first gold options contract soon. It will allow investors and hedgers to minimise their price risk at a fraction of cost compared to currently available futures trading. The headquarters of MCX is located in Mumbai, Maharashtra.
21. Recently, the All India Council for Technical Education (AICTE) has decided to close down those technical colleges which recorded less than 30% admissions in the last five years.
#Anil D Sahasrabuddhe, Chairman of AICTE.
22.The Vansda National Park (VNP) is a protected area which represents the thick woodlands of the Dangs and southern Gujarat and is situated in the Vansda tehsil, Navsari District of Gujarat.
23. Rinku Hooda (18) from India has won silver in the F46 javelin throw event at the World U-20 Para Athletics Championships in Nottwil, Switzerland .
24. The Parliamentary Panel headed by Maj. General (Retired) B C Khanduri has recently tabled its report in Parliament. In the report, the panel has recommended the 100% pension to widow of deceased soldier so that she can take care of her family
25. Upendra Kushwaha, the Minister of State for Human Resource Development, has launched the NCERT’s Web portal for supply of textbooks to schools and individuals.
26. US President Donald Trump had appointed Indian-American Neil Chatterjee as chair of the Federal Energy Regulatory Commission (FERC).
27. Union Minister of State for HRD (Human Resource Development) Mahendra Nath Pandey launched three-minute video of Indian National Anthem in sign language, featuring Bollywood actor Amitabh Bachchan along with physically challenged children with the Red Fort in the background.
28. The Indian Film Festival of Melbourne (IFFM) is an annual Indian film festival based in Melbourne, Australia, which runs from August 10th to 22ndacross five Melbourne HOYTS locations.
#Indian Actress Aishwarya Rai Bachchan hoists the Indian national flag at the Federation Square in Melbourne.
29. Bihar Chief Minister Nitish Kumar flagged off mobile therapy vans which would provide basic medical assistance to elderly people, widows and other section who requires social security.
30. World Renowned facial plastic surgeon Dr. Debraj Shome has been awarded with the prestigious 'Indian of the Year' award at the 8th Annual India Leadership Conclave & Indian Affairs Business Leadership Awards 2017
31. The Economic Survey has proposed Transparency of Rules Act (TORA), a legislation to end any asymmetry of information regarding rules and regulations faced by an average citizen.
32. Ahead of the Japanese Prime Minister Shinzo Abe’s scheduled visit to India in September, Gujarat government is setting up a brand new “Japanese Industrial Park” on the Delhi-Mumbai Industrial Corridor (DMIC) passing through Ahmedabad, that is spread on 1555 hectare and is 15 times bigger in size compared to an existing one.
33. Union Minister of State for Road Transport and Highways, Shipping and Chemicals and Fertilizers, Shri Mansukh Lal Mandviya, presided over the Memorandum of Understanding (MoU) signing ceremony between the Union Government and the State Government of Uttar Pradesh for opening 1000 Pradhan Mantri Bhartiya Janaushadhi Pariyojana (PMBJP) Kendras in the State.
34. Softbank announced that it has invested over $2.5 billion— a mix of primary and secondary capital—in the e-commerce company. With this massive infusion, Softbank has become one of Flipkart’s largest shareholders.
#SOFT BANK
- Headquarters: Minato, Tokyo, Japan
- Chairman: Masayoshi Son
35. Union Bank of India’s board of directors gave ‘in-principle’ approval to induct Japanese Dai-ichi Life Holdings group company Asset Management One Company as a strategic partner in Union Asset Management Company Pvt Ltd (Union AMC). Rajkiran Rai G, MD & CEO, Union Bank of India, said the foreign partner will own 40 per cent stake in Union AMC
#Dai-ichi Life Insurance has a three-way life insurance joint venture with Bank of India and UBI
36. 12 Indian and British universities, including Oxford and Cambridge, has received a £7 million grant from the U.K. government to build self-sufficient solar-powered buildings in Indian villages.
#It is part of a new solar project called ‘SUNRISE’
37. NASA's Cassini spacecraft is set to begin its final five ultra-close orbits around Saturn before the probe plunges into the atmosphere of the ringed planet and ends its epic 20-year-long journey.
38. Shooter Maheshwari Chauhan bagged a bronze medal at the Asian Shotgun Championship to earn India's first women's skeet individual medal at a top international competition in Astana.Kazakhstan.
39. MoS for Petroleum and Natural Gas Dharmendra Pradhan commissioned Indian Coast Guard Ship Shaurya in Vasco, Goa.
#ICGS Shaurya is an offshore patrol vessel designed and built indigenously by Goa Shipyard
40. David Rasquinha has been appointed as the managing director of Export-Import Bank of India
41. According to Economic Survey India has emerged as one of the most open economies in the world for receiving FDI.
42. With $2.4 billion funding from SoftBank, Flipkart has become the 3rd most funded private company globally.
#Flipkart till date has raised almost $7 billion in capital, higher than that raised by Airbnb & Xiaomi.
The top 2 are both ridehailing platforms – China based Didi Chuxing & US-based Uber.
43 . Under a state govt scheme launched by CM Vijay Rupani, Around 3.5 lakh college students in Gujarat will get tablets at a subsidised rate of Rs 1,000.
#Under this scheme, 1st year college students in the state will get 7-inch ‘NAMO E-Tab’ tablets by just paying Rs 1,000. Govt has allocated Rs 200 cr for this scheme.
#NAMO E-Tab is acronym for ‘New Avenues of Modern Education through Tablets’.
44. Hike Messenger has acquired Creo – A Bengaluru-based tech start-up that makes dual-SIM smartphone Mark 1
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