DAILY CURRENT AFFAIRS: 17 APRIL 2016

DAILY CURRENT AFFAIRS: 17 APRIL 2016

(Daily News India)

Shared By: WWW.DailyGk.IN

1. PRIME MINISTER NARENDRA MODI INAUGURATED MARITIME INDIA SUMMIT 2016

i. The two days Maritime India Summit 2016 has been inaugurated by Prime Minister of India Narendra Modi.

ii. It is India’s 1^st Maritime Summit organised by Union Ministry of Shipping in Goregaon Mumbai from 14th April to 16 April, 2016.

iii. More than 50 other maritime nations have been invited to come to India to explore potential business opportunities in Indian Maritime Sector.

v. The summit will project large investment opportunities in each of the Indian Maritime States and Union Territories.

2. BRICS BANK DISBURSES $250 MILLION LOAN FOR RENEWABLE ENERGY PROJECT TO CANARA BANK

i. The New Development Bank has sanctioned  a fund of $250 million to India’s renewable energy projects.

ii. The NDB approved four green renewable energy projects from India, Brazil ,China and South Africa of $811 million.

iii. The project from India entails provisioning of multi-tranche loan of $250 million to Canara Bank for lending to renewable energy projects.

3. JHARKHAND GOVERNMENT LAUNCHED BHIMRAO AMBEDKAR AWAS YOJANA FOR WIDOWS

i. The Chief Minister of Jharkhand Raghubar Das has launched the "Bhimrao Ambedkar Awas Yojana" for widows.

ii.The yojna is  launched on the 125^th  birth anniversary of B R Ambedkar.

ii. The main purpose of the scheme is to create equality and harmony in society, ensuring all round development.

iii. The scheme is aimed to build 11,000 houses for the current financial year

4. 69TH HIMACHAL DAY OBSERVED ON 15^TH APRIL

i. Himachal Pradesh is celebrating 69th Himachal Day on 15^th April.

ii. After independence, the Chief Commissioner's Province of Himachal Pradesh came into existence on 15 April 1948.

iii. The himachal Pardesh is formed after the merger of 28 petty princely states

CHIEF MINISTER OF HIMACHAL PARDESH: VIRBHADRA SINGH

5. INDIAN ARMY CONDUCTS SHATRUJEET BATTLE EXERCISE IN RAJASTHAN

i. ‘Shatrujeet’ the battle exercise is conducted  in  Indian Army in the Thar Desert of Rajasthan.

ii. The main purpose of the exercise was to evaluate the capability of the Indian Army.

iii. The another main objective is to fine tune army’s proactive war strategy to respond swiftly to any threat to nation’s security.

6. AUSTRALIA WINS 2016 SULTAN AZLAN SHAH HOCKEY TOURNAMENT

i. Australia has won the 25th edition of Sultan Azlan Shah Hockey Tournament 2016 .

ii. In the final match Australia defeated India by 4-0 goals.

iii. Azlan Shah Hockey Tournament is an annual international men’s field hockey tournament held in Malaysia.

iv. It is named after 9th king of Malaysia and ‘Father of Malaysian Hockey’ Sultan Azlan Shah.

7. US COURT IMPOSED 940 MILLION DOLLARS FINE ON TWO TATA GROUP COMPANIES

i. The federal grand jury in the US State of Wisconsin has slapped 940 million US dollars fine against two companies of India’s Tata group.

ii. These two companies are Tata Consultancy Services  and Tata America International Corp.

iii. They were fined in a trade secret lawsuit filed against them by the US based electronics medical records vendor Epic Systems.

iv. The US based company in its lawsuit has alleged that TCS employee reviewed its intellectual property under the pretence of doing consulting work for Kaiser Permanente, the largest managed health care company in the US.

v. While doing so he downloaded Epic’s proprietary software to help build a rival system.