Daily Current Affairs Update September-07 2017
1. Government scraps ₹8700 crore-funding project for IITs.
The Finance Ministry has turned down the ₹8700-crore Vishwajeet project for IITs to upgrade their infrastructure, hire foreign faculty members, and tie up with international institutions.
2. Oyo raises $250 million in funding led by SoftBank.
Gurugram-headquartered online hotel aggregator Oyo has raised $250 million (₹1,600 crore) in a fresh funding round led by SoftBank Vision Fund
3. Pak among top 50 nations with terror-financing risks: Report
Pakistan has been ranked 46 on the list of 146 countries with high terrorism financing and money laundering risks, according to a report by a Switzerland-based not-for-profit group. The list was topped by Iran, while India was ranked 88
4.The government on Wednesday said directors or authorised signatories of deregistered companies who try to siphon off money from the shell firms' bank accounts will face up to 10 years in jail.
5.The French government has said that it is considering a draft proposal to ban the country's oil and gas production by 2040 and claimed it will be the world's first such ban
6. Nestle sets up first food safety institute in India.
Food regulator FSSAI CEO Pawan Kumar Agarwal on Wednesday inaugurated Nestle's first food safety institute in India at Manesar, Haryana
Nestle India MD Suresh Narayanan
7. Andhra Pradesh signs MoU to build India's first Hyperloop.
The Andhra Pradesh government on Wednesday signed an MoU with the US-based Hyperloop Transportation Technologies to build India's first Hyperloop system. The planned project is aimed at connecting cities Amaravati and Vijayawada in Andhra Pradesh.
8. Researchers at the University of Texas at Austin have developed a handheld device that identifies cancerous tissue during surgery 150 times quicker than existing technology.
9. India's Eicher Motors, maker of Royal Enfield motorbikes, is reportedly set to make a $1.8 billion-$2 billion takeover bid for Italian motorcycle maker Ducati.
10. Virat Kohli breaks world record for most runs in T20I chases.
Virat Kohli has become the highest run-getter while chasing in T20Is after his 82-run knock against Sri Lanka on Wednesday. Kohli, who now has 1,016 runs while chasing, went past former New Zealand captain Brendon McCullum's tally of 1,006 runs
11. Bengaluru's Venkateshwara Service Station, in association with Indian Oil Corporation, has launched free food service to customers who stop there to refuel. The initiative aims to help people who skip meals to reach work on time and will include both vegetarian and non-vegetarian food.
12. The Environment Ministry has approved the ₹16,000 crore expansion of Delhi's Indira Gandhi International Airport (IGIA). Under the expansion project, the three existing terminals will be expanded, another terminal will be introduced, and a runway and taxiway will be developed.
13. Virat Kohli fastest to 15,000 runs in international cricket.
Indian captain Virat Kohli became the fastest player to score 15,000 runs in international cricket during the one-off T20I against Sri Lanka on Wednesday. Kohli achieved the feat in his 333rd international innings, overtaking Hashim Amla who took 336 innings to score 15,000 international runs
14. Gujarat CM Vijay Rupani has launched “Gyakunj e-class project” from Shahpur primary school in Gandhinagar
15. Whatsapp launches new tool for business-‘whatsapp business’
16. The official song called “Kar Ke Dikhla De Goal”for the FIFA Under-17 World Cup football has been written by lyricist Amitabh Bhattacharya and composed by Pritam.
17 Senior journalist, editor and activist Gauri Lankesh was shot dead by unidentified mugger at the entrance of her home in Bengaluru
Gauri Lankesh was the editor of weekly Kannada tabloid magazine Lankesh Patrike
18. India and Japan have agreed to collaborate closely in defense production, including on dual-use technologies.
19. The defense entity of Hinduja Group flagship company Ashok Leyland had signed an MoU with Rosoboronexport, Russia, to supply tracked vehicle solutions to the armed forces.
20. State-owned Bharat Sanchar Nigam Limited (BSNL) entered into an agreement with US-based networking solutions provider Coriant to chart the path to 5G and Internet of Things (IoT) in India.
21. Exide Life Insurance has announced a partnership with Punjab & Maharashtra Co-operative Bank (PMC Bank) to offer its protection and savings products to the latter’s customers.
22. A joint military training, Exercise Yudh Abhyas-2017 will be conducted at Joint Base Lewis McChord, Washington, USA from 14 to 27 September 2017 between India and the USA.
23. SBI Life Insurance has received approval from the Securities and Exchange Board of India for an IPO (Initial Public Offering) of up to Rs 8,400 crore ($1.3 billion).
24. India’s first operational Smart City and IFSC, Gujarat International Finance-Tec City (GIFT City), has won the prestigious Associated Chambers of Commerce and Industry of India (ASSOCHAM) Services Excellence Award.
25. Bollywood actress Parineeti Chopra has been appointed as the first Indian woman ambassador in 'Friends of Australia' (FOA) advocacy panel by Tourism Australia.
26. The book of Former Foreign Secretary Shyam Saran named “How India Sees the World: Kautilya to the 21st Century”- was launched by former Prime Minister Dr. Manmohan Singh.
27. India will host the 2019 edition of the Commonwealth (Youth, Junior and Senior) Weightlifting Championships.
28. The seventh edition of India-Sri Lanka joint maritime naval exercise SLINEX 2017 was held near Vishakhapatnam (Andhra Pradesh) in Bay of Bengal. It will be conducted from 7th to 14th September 2017.
29. Gujarat’s Chief Minister Vijay Rupani flagged off the ‘Ma Narmada Mahotsav Yatra’
30. The Delhi govt made it mandatory for all the cabs to have at least 4 stickers informing passengers to disable the Child Lock System before the journey starts.
31. Chief Minister N. Chandrababu Naidu would lay the foundation stone for the second phase of Chintalapudi lift irrigation works at Muddulaparva village in Krishna district, as part of Jalasiriki Harati programme.
32. Working with UNESCO to restore monuments in Myanmar IIT-Madras is also officially collaborating with UNESCOand providing structural inputs as part of a pilot project in Bagan in Myanmar.
33. Ashish Kashyap resigns as President and Co-founder of MakeMyTrip.
34. Mother Teresa declared as co-patron of Archdiocese of Calcutta.
35. Man Kaur, a 101-year-old Chandigarh-based sprinter, has been included in the September nominees for the 'Laureus World Best Sporting Moment of 2017
36. Auto industry lobby Society of Indian Automobile Manufactures (Siam) asked the government to ban vehicles that are 15 years old in the country to reduce pollution.
37. E-commerce giant Amazon today announced the opening its largest fulfilment centre in the country in Hyderabad.
38. Ujjivan Small Finance Bank has said that it will bring down its cost of funds by up to 150 basis points during the current financial year by replacing 75% of its bank loans with borrowings using money market instruments including certificate of deposits.
39. DIGISOL Systems Ltd a leading provider of Active and Passive Networking products, announced today that it has been awarded “Best Make In India Wi-Fi Company” at “My India Wi-Fi India Summit & Awards 2017
The Finance Ministry has turned down the ₹8700-crore Vishwajeet project for IITs to upgrade their infrastructure, hire foreign faculty members, and tie up with international institutions.
2. Oyo raises $250 million in funding led by SoftBank.
Gurugram-headquartered online hotel aggregator Oyo has raised $250 million (₹1,600 crore) in a fresh funding round led by SoftBank Vision Fund
3. Pak among top 50 nations with terror-financing risks: Report
Pakistan has been ranked 46 on the list of 146 countries with high terrorism financing and money laundering risks, according to a report by a Switzerland-based not-for-profit group. The list was topped by Iran, while India was ranked 88
4.The government on Wednesday said directors or authorised signatories of deregistered companies who try to siphon off money from the shell firms' bank accounts will face up to 10 years in jail.
5.The French government has said that it is considering a draft proposal to ban the country's oil and gas production by 2040 and claimed it will be the world's first such ban
6. Nestle sets up first food safety institute in India.
Food regulator FSSAI CEO Pawan Kumar Agarwal on Wednesday inaugurated Nestle's first food safety institute in India at Manesar, Haryana
Nestle India MD Suresh Narayanan
7. Andhra Pradesh signs MoU to build India's first Hyperloop.
The Andhra Pradesh government on Wednesday signed an MoU with the US-based Hyperloop Transportation Technologies to build India's first Hyperloop system. The planned project is aimed at connecting cities Amaravati and Vijayawada in Andhra Pradesh.
8. Researchers at the University of Texas at Austin have developed a handheld device that identifies cancerous tissue during surgery 150 times quicker than existing technology.
9. India's Eicher Motors, maker of Royal Enfield motorbikes, is reportedly set to make a $1.8 billion-$2 billion takeover bid for Italian motorcycle maker Ducati.
10. Virat Kohli breaks world record for most runs in T20I chases.
Virat Kohli has become the highest run-getter while chasing in T20Is after his 82-run knock against Sri Lanka on Wednesday. Kohli, who now has 1,016 runs while chasing, went past former New Zealand captain Brendon McCullum's tally of 1,006 runs
11. Bengaluru's Venkateshwara Service Station, in association with Indian Oil Corporation, has launched free food service to customers who stop there to refuel. The initiative aims to help people who skip meals to reach work on time and will include both vegetarian and non-vegetarian food.
12. The Environment Ministry has approved the ₹16,000 crore expansion of Delhi's Indira Gandhi International Airport (IGIA). Under the expansion project, the three existing terminals will be expanded, another terminal will be introduced, and a runway and taxiway will be developed.
13. Virat Kohli fastest to 15,000 runs in international cricket.
Indian captain Virat Kohli became the fastest player to score 15,000 runs in international cricket during the one-off T20I against Sri Lanka on Wednesday. Kohli achieved the feat in his 333rd international innings, overtaking Hashim Amla who took 336 innings to score 15,000 international runs
14. Gujarat CM Vijay Rupani has launched “Gyakunj e-class project” from Shahpur primary school in Gandhinagar
15. Whatsapp launches new tool for business-‘whatsapp business’
16. The official song called “Kar Ke Dikhla De Goal”for the FIFA Under-17 World Cup football has been written by lyricist Amitabh Bhattacharya and composed by Pritam.
17 Senior journalist, editor and activist Gauri Lankesh was shot dead by unidentified mugger at the entrance of her home in Bengaluru
Gauri Lankesh was the editor of weekly Kannada tabloid magazine Lankesh Patrike
18. India and Japan have agreed to collaborate closely in defense production, including on dual-use technologies.
19. The defense entity of Hinduja Group flagship company Ashok Leyland had signed an MoU with Rosoboronexport, Russia, to supply tracked vehicle solutions to the armed forces.
20. State-owned Bharat Sanchar Nigam Limited (BSNL) entered into an agreement with US-based networking solutions provider Coriant to chart the path to 5G and Internet of Things (IoT) in India.
21. Exide Life Insurance has announced a partnership with Punjab & Maharashtra Co-operative Bank (PMC Bank) to offer its protection and savings products to the latter’s customers.
22. A joint military training, Exercise Yudh Abhyas-2017 will be conducted at Joint Base Lewis McChord, Washington, USA from 14 to 27 September 2017 between India and the USA.
23. SBI Life Insurance has received approval from the Securities and Exchange Board of India for an IPO (Initial Public Offering) of up to Rs 8,400 crore ($1.3 billion).
24. India’s first operational Smart City and IFSC, Gujarat International Finance-Tec City (GIFT City), has won the prestigious Associated Chambers of Commerce and Industry of India (ASSOCHAM) Services Excellence Award.
25. Bollywood actress Parineeti Chopra has been appointed as the first Indian woman ambassador in 'Friends of Australia' (FOA) advocacy panel by Tourism Australia.
26. The book of Former Foreign Secretary Shyam Saran named “How India Sees the World: Kautilya to the 21st Century”- was launched by former Prime Minister Dr. Manmohan Singh.
27. India will host the 2019 edition of the Commonwealth (Youth, Junior and Senior) Weightlifting Championships.
28. The seventh edition of India-Sri Lanka joint maritime naval exercise SLINEX 2017 was held near Vishakhapatnam (Andhra Pradesh) in Bay of Bengal. It will be conducted from 7th to 14th September 2017.
29. Gujarat’s Chief Minister Vijay Rupani flagged off the ‘Ma Narmada Mahotsav Yatra’
30. The Delhi govt made it mandatory for all the cabs to have at least 4 stickers informing passengers to disable the Child Lock System before the journey starts.
31. Chief Minister N. Chandrababu Naidu would lay the foundation stone for the second phase of Chintalapudi lift irrigation works at Muddulaparva village in Krishna district, as part of Jalasiriki Harati programme.
32. Working with UNESCO to restore monuments in Myanmar IIT-Madras is also officially collaborating with UNESCOand providing structural inputs as part of a pilot project in Bagan in Myanmar.
33. Ashish Kashyap resigns as President and Co-founder of MakeMyTrip.
34. Mother Teresa declared as co-patron of Archdiocese of Calcutta.
35. Man Kaur, a 101-year-old Chandigarh-based sprinter, has been included in the September nominees for the 'Laureus World Best Sporting Moment of 2017
36. Auto industry lobby Society of Indian Automobile Manufactures (Siam) asked the government to ban vehicles that are 15 years old in the country to reduce pollution.
37. E-commerce giant Amazon today announced the opening its largest fulfilment centre in the country in Hyderabad.
38. Ujjivan Small Finance Bank has said that it will bring down its cost of funds by up to 150 basis points during the current financial year by replacing 75% of its bank loans with borrowings using money market instruments including certificate of deposits.
39. DIGISOL Systems Ltd a leading provider of Active and Passive Networking products, announced today that it has been awarded “Best Make In India Wi-Fi Company” at “My India Wi-Fi India Summit & Awards 2017
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