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Wednesday, November 22, 2017

DAILY CURRENT AFFAIRS: 15 NOV 2017

DAILY CURRENT AFFAIRS: 15 NOV 2017
(DAILY NEWS INDIA)
SHARED BY: WWW.DAILYGK.IN

1.      FIRST EVER APCERT CONFERENCE IN NEW DELHI
i. The Indian Computer Emergency Response Team under the aegis of Ministry of Electronics & Information Technology organized the Asia Pacific Computer Emergency Response Team Conference in New Delhi.
ii. This is the 15th Conference of APCERT and first ever conference in India and South Asia. The conference theme is "Building Trust in the Digital Economy". This was inaugurated by Shri Ravi Shankar Prasad, Hon'ble Minister of Electronics & Information Technology.

2.      INTERNATIONAL LAVI FAIR BEGINS IN HIMACHAL PRADESH
i. Traditional International ‘Lavi fair’ was held from 11th -14th November, 2017 in Rampur, Himachal Pradesh.
ii. The fair was inaugurated by Himachal Pradesh Governor, Acharya Dev Vrat. The governor also inaugurated the ‘Kinnauri market’ and exhibition put up by various Government departments.
iii. Lavi Fair has been an important point of trade between India and Tibet for centuries. The fair is visited by tourist and traders from distant places. It provides a good opportunity for promotion and sale of woolens, dry fruits and other traditional crafts and products.
iv. Currently, it also provides a platform for social and cultural events.

3.      VIJAY PRASAD DIMRI APPOINTED PRESIDENT OF 36TH INTL GEOLOGICAL CONGRESS
i. Scientist Vijay Prasad Dimri has been appointed as the president of the 36th International Geological Congress, a global platform for the advancement of earth science, to be held in 2020.
ii. He has replaced Shailesh Nayak. India, along with its co-host neighboring countries Bangladesh, Nepal, Srilanka, and Pakistan won the bid to host the 36th IGC in the National Capital Region from March 2 -8, 2020.

4.      4TH INDIA-CANADA ANNUAL MINISTERIAL DIALOGUE IN NEW DELHI
i. 4th India-Canada Annual Ministerial Dialogue begun in New Delhi. Canadian delegation was led by the Canadian International Trade Minister, François-Philippe Champagne, whereas Union Commerce and Industry Minister, Suresh Prabhu led the Indian side.
ii. Discussions at the Dialogue focused on some of the key commercial drivers to enhance the India-Canada partnership. Considering the high potential for bilateral trade between India and Canada, efforts were made to work towards the expeditious conclusion of the Comprehensive Economic Partnership Agreement and the Foreign Investment Promotion and Protection Agreement.
iii. Besides, both the sides also explored options to address India’s concerns for Temporary Foreign Workers Programme of Canada, which is affecting the movement of Indian professionals seeking short term visas to Canada.

5.      INDIA’S 1ST TRIBAL ENTREPRENEURSHIP SUMMIT BEGINS IN CHHATTISGARH
i. India’s first Tribal Entrepreneurship Summit began in Dantewada, Chhattisgarh. The event has been organized by NITI Aayog in partnership with the government of United States of America.
ii. The event is a part of 8th Global Entrepreneurship Summit being held in India.

6.      INDIA TO BECOME 3RD LARGEST ECONOMY BY 2028- BOFA ML REPORT
i. A report by Bank of America-Merrill Lynch has stated that in the next decade, India will overtake Japan to become the third-largest economy.
ii. The report also adds that India is likely to become the world’s fifth largest economy by 2019. As per data available in the report, India is likely to cross Germany and Japan in nominal GDP by 2028, assuming that the nation witnesses a 10% growth every year for the next 10 years.
iii. There are three factors that will enable India to achieve this goal-
1. Reduced dependency ratios are expected to raise saving and investment rates. This is likely to fund 7% real growth.
2. Financial maturity, due to financial liberalization and inclusion, should continue to lower lending rates structurally.
3. Increasing incomes and affordability will likely underpin the emergence of mass markets, supporting an expected 7% real GDP growth.

7.      FOUNDING CEREMONY OF INTERNATIONAL SOLAR ALLIANCE HELD IN GERMANY
i. A Curtain Raiser Event for the Founding Ceremony of the International Solar Alliance was held in Bonn, Germany.
ii. Shri Anand Kumar, Secretary, Ministry of New and Renewable Energy was present at the event from the Indian side. The ISA was jointly launched by PM of India, Narendra Modi, and then-President of France, H.E. Francois Hollande, on the sidelines of the UNFCCC Conference of Parties 21 at Paris, France. The ISA is a treaty-based alliance of 121 prospective solar-rich Member Nations.

8.      INDIA, US, JAPAN, AUSTRALIA HOLD FIRST QUAD TALKS ON INDO-PACIFIC COOPERATION
i. India, the United States, Japan and Australia held their first official-level talks in Manila, Philippines with a focus on keeping the India-Pacific region "free and open".
ii. After the meeting, India, Australia and Japan issued separate statements listing the Indo-Pacific as the major area of the deliberations and resolved to expand cooperation to uphold a rules-based order and respect for international law in the strategically important region.

9.      CHINA LAUNCHES WORLD'S FIRST ALL-ELECTRIC SHIP
i. China has launched world's first all-electric ship that can travel up to 80 km with 2000-tonnes cargo after a two-hour charge.
ii. The 70.5-metre-long ship, which weighs about 600 tonnes, was launched in Guangzhou in South China's Guangdong Province. The vessel, manufactured by the Guangzhou Shipyard International Company Ltd, is powered by a 26-tonne lithium battery.
iii. It can cruise at the top speed of 12.8 km per hour.

10.  INDIA'S FIRST WAVE-POWERED NAVIGATIONAL BUOY LAUNCHED IN CHENNAI
i. India's first wave-powered navigational buoy, developed by the National Institute of Ocean Technology, to guide ships in and out of ports, was launched in Chennai, Tamil Nadu. The buoy, deployed at Ennore Kamarajar Port, will help ships, moving in and out of the harbour, navigate through a designated channel.
ii. According to the NIOT, the buoy's beacon, for guiding ships, is powered by wave energy while conventional ones use solar power. The buoy stores energy generated by waves in a battery.

11.  VIRTUAL NATION ASGARDIA LAUNCHED ITS FIRST SATELLITE ‘ASGARDIA-1’ INTO SPACE
i. The Space Kingdom of Asgardia has launched its first satellite. This so-called ‘virtual nation’ is the pet project of Russian scientist and billionaire Igor Ashurbeyli.
ii. The Asgardia-1 satellite, which is about the size of a loaf of bread, and contains half a terabyte of data. It was launched from NASA’s Wallops Flight Facility in Virginia aboard a Cygnus spacecraft on an Orbital ATK Antares rocket.

12.  ADITI, FIRST INDIAN TO QUALIFY FOR LPGA TOUR CHAMPIONSHIPS
i. Aditi Ashok has qualified for the season-ending CME Group Tour Championship on the LPGA, becoming the first from the country to play in the prestigious meet.
ii. The 19-year-old prodigy from Bengaluru is one of the eight rookies to make it to the Tour Championships in what is one of the strongest fields in women's golf.

13.  SEBASTIAN VETTEL WINS BRAZILIAN GRAND PRIX
i. Ferrari's Sebastian Vettel took his first victory since July at the Brazilian Grand Prix, where Lewis Hamilton battled from the back to finish fourth.
ii. Vettel controlled the race after taking the lead from pole position man Valtteri Bottas' Mercedes at the start.



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Friday, November 17, 2017

DAILY CURRENT AFFAIRS: 14 NOV 2017

DAILY CURRENT AFFAIRS: 14 NOV 2017
(DAILY NEWS INDIA)
SHARED BY: WWW.DAILYGK.IN

1.      37TH INDIA INTERNATIONAL TRADE FAIR BEGINS IN NEW DELHI
i. 37th India International Trade Fair has begun at Pragati Maidan in New Delhi. The 14-day annual event has been organised by the India Trade Promotion Organisation. It was inaugurated by President Ram Nath Kovind.
ii. This year the theme of the fair is “Startup India Standup India”. Vietnam is the Partner Country, while Kyrgyzstan is the Focus Country. Jharkhand is participating as a Partner State in the event.

2.      PM MODI INAUGURATED RICE FIELD LABORATORY IN MANILA NAMED AFTER HIM
i. PM Narendra Modi visited the International Rice Research Institute in Los Banos, Philippines and inaugurated ‘Shri Narendra Modi Resilient Rice Field Laboratory’ named after him.
ii. Narendra Modi unveiled a plaque to mark the inauguration of the ‘Shri Narendra Modi Resilient Rice Field Laboratory’. He also undertook a symbolic ground breaking for a new plot for submergence tolerant rice varieties and presented two Indian rice seed varieties to the International Rice Research Institute gene bank.
iii. He interacted with several Indian scientists working at IRRI. He also reviewed a photo exhibit showcasing flood tolerant rice varieties, drought tolerant rice varieties, salinity tolerant rice varieties and IRRI’s work with women farming cooperatives.
3.      INDIA, PHILIPPINES INKS FOUR AGREEMENTS IN VARIOUS FIELDS
i. Four agreements were signed by India and Philippines in areas including Defence Cooperation and Logistics, agriculture, Micro, Medium and Small Enterprises-MSME and forging closer relations between the Indian Council of World Affairs and the Philippines Foreign Service Institute.
ii. The bilateral meeting was held between PM Modi and the Philippines President Rodrigo Duterte.

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DAILY CURRENT AFFAIRS: 13 NOV 2017

DAILY CURRENT AFFAIRS: 13 NOV 2017
(DAILY NEWS INDIA)
SHARED BY: WWW.DAILYGK.IN

1.      PM MODI IN PHILIPPINES ON 3-DAY OFFICIAL VISIT
i. PM Narendra Modi has reached the Philippines capital Manila on a 3-day official visit. He will be attending the 31st ASEAN, the East Asia and the India-ASEAN annual Summits.
ii. During the visit to the Philippines, his first bilateral visit to the country, the Prime Minister will also participate in special celebrations of the 50th anniversary of ASEAN, Regional Comprehensive Economic Partnership Leaders’ Meeting and ASEAN Business and Investment Summit.
iii. ASEAN's theme for 2017 is 'Partnering for Change, Engaging the World'.

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DAILY CURRENT AFFAIRS: 12 NOV 2017

DAILY CURRENT AFFAIRS: 12 NOV 2017
(DAILY NEWS INDIA)
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1.      FIRST EVER INTERNATIONAL AYUSH CONFERENCE AND EXHIBITION HELD IN DUBAI
i. The International AYUSH (Ayurveda, Yoga and Naturopathy, Unani, Siddha and Homoeopathy) Conference and Exhibition 2017 is held in Dubai. Minister for AYUSH Sripad Naik is on a 3-day visit to UAE to participate in the first ever International Ayush Conference and Exhibition in Dubai.
ii. This is the first ever conglomeration of Ayurveda, Yoga and Naturopathy, Unani, Siddha and Homeopathy practitioners, policy makers, industrialists, researchers and students across the world. Indian government has committed to provide 100 non-Indian students full scholarship if they study AYUSH in any of the public deemed universities across India.
iii. AYUSH ministry is also in touch with the UAE Ministry of Health to set up an AYUSH chair in Dubai.

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DAILY CURRENT AFFAIRS: 11 NOV 2017

DAILY CURRENT AFFAIRS: 11 NOV 2017
(DAILY NEWS INDIA)
SHARED BY: WWW.DAILYGK.IN

1.      23RD GST COUNCIL MEET HELD IN GUWAHATI, 28% TAX ONLY FOR 50 ITEMS
i. 23rd meeting of the Goods and Services Tax Council headed by Union Finance Minister, Arun Jaitley was held in Guwahati, Assam. Decisions taken during this meeting of GST council has brought in a comprehensive overhaul of GST rates. Besides return filing has been eased and more relief has been provided to small and medium enterprises.
ii. GST rate on 177 items has been reduced from 28% to 18%. Now only 50 items, mostly demerit, sin and luxury goods will attract 28% GST rate. This decision will have a revenue implication of Rs 20000 cr annually.
iii. Some of the items for which GST rate has been reduced from 28% to 18% include chewing gum, dental hygiene products, chocolate, aftershave, detergent, marble, custard powder, deodorant, nail polishes and creams.
iv. Besides, 13 items have been moved from 18% to 12% slab, 6 items from 18% to 5% slab, 8 items from 12% to 5% slab and 6 items from 5% to nil. The new tax rates will come into effect from November 15, 2017.
v. All restaurants across India (Air conditioned and non-Air conditioned restaurants), except those in five-star hotels will be levied GST of 5%, without input tax credit benefits. The GST Council has also raised the threshold for the composition scheme to 1.5 cr from 1 cr. Under the composition scheme, traders are allowed to pay a fixed rate to avoid GST paperwork. For nil liability tax filers, fine for late filing of returns has been cut to 20 per day from Rs. 200.

2.      INDIA RE-ELECTED MEMBER OF UNESCO’S EXECUTIVE BOARD
i. India has been re-elected as the member of the UNESCO’s executive board, its top decision-making body. The election was held at the 39th session of the General Conference of the UNESCO in Paris, France.
ii. The General Conference consists of the representatives of the States Members of the organisation. Each country has one vote, irrespective of its size or the extent of its contribution to the budget.

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Tuesday, November 14, 2017

DAILY CURRENT AFFAIRS: 10 NOV 2017

DAILY CURRENT AFFAIRS: 10 NOV 2017
(DAILY NEWS INDIA)
SHARED BY: WWW.DAILYGK.IN

1.      RADHA MOHAN SINGH INAUGURATES THREE-DAY ORGANIC WORLD CONGRESS – 2017 IN GREATER NOIDA
i. Union Agriculture and Farmers’ Welfare Minister, Radha Mohan Singh inaugurated the 3-day Organic World Congress – 2017 at India Expo Centre in Greater Noida. 1,400 representatives from 110 countries, and 2000 delegates from India participated in the Organic World Congress – 2017. The goal is to move from organic India to the organic world.
ii. The Organic World Congress is organized once every three years in a different country. The International Federation of Organic Farming Movements and Organic Farming Association of India are organizing the event.
iii. One of the highlights of the event is the exhibition of carefully preserved diverse indigenous seed varieties over generations. 55 seeds group from 15 Indian states showcase 4,000 varieties of seeds in the event.

2.      HDFC BANK LAUNCHED SMARTUP ZONE IN KOCHI
i. HDFC Bank has announced the launch of its SmartUp Zone in Kochi, an exclusive area inside the branch dedicated for start-ups.
ii. SmartUp Zones will be launched in over 65 branches in 30 cities across India, including tier 2 and 3 cities that are emerging as start-up hubs. The objective is to harness the potential of the startup and fintech eco-system using a multi-pronged approach.

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Sunday, November 12, 2017

DAILY CURRENT AFFAIRS: 9 NOV 2017

DAILY CURRENT AFFAIRS: 9 NOV 2017
(DAILY NEWS INDIA)
SHARED BY: WWW.DAILYGK.IN

1.      PANEL UNDER M VINOD KUMAR BEGINS REVIEW OF GST LAWS TO REMOVE GLITCHES
i. A committee headed by M Vinod Kumar, GST chief commissioner for Karnataka has started a review of the laws governing Goods and Services Tax. The committee has been set up to provide suggestions for smoothening the GST regime, especially for small businesses who have been complaining of a an increase in compliance burden.
ii. Another committee comprising industry representatives has also been set up to provide external inputs on this matter. Besides, group of state finance ministers has also suggested some changes to the existing structure.
iii. Next meeting of GST council is scheduled to be held on November 10, 2017 in Guwahati, Assam. At this meeting, decision will be taken on proposals from a ministerial panel for tax rate cuts on restaurants and for further liberalization of the composition scheme meant for small businesses.

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DAILY CURRENT AFFAIRS: 8 NOV 2017

DAILY CURRENT AFFAIRS: 8 NOV 2017
(DAILY NEWS INDIA)
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1.      COP23 CLIMATE CHANGE SUMMIT HELD IN BONN,GERMANY
i. 23rd annual “conference of the parties” under the UN Framework Convention on Climate Change begun on November 6, 2017 in Bonn, Germany. This conference will continue till November 17, 2017.
ii. COP23 was opened on November 6, 2017 by Fiji’s PM Voreqe ‘Frank’ Bainimarama. The India Pavilion at COP 23 was inaugurated by Union Minister of Environment, Forest and Climate Change, Dr. Harsh Vardhan. India’s theme for COP 23 is ‘Conserving Now, Preserving Future’.

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Wednesday, November 8, 2017

DAILY CURRENT AFFAIRS: 7 NOV 2017

DAILY CURRENT AFFAIRS: 7 NOV 2017
(DAILY NEWS INDIA)
SHARED BY: WWW.DAILYGK.IN

1.      FINANCIAL ASSISTANCE OF RS 2,302.05 CR FOR PROJECTS UNDER COASTAL BERTH SCHEME
i. Union Ministry of Shipping has announced to provide financial assistance worth Rs 2302 cr for projects under the Coastal Berth Scheme of the flagship Sagarmala Programme.
ii. Projects under Coastal Berth Scheme will be executed in total eight states. With 12 projects, Maharashtra is the state having highest number of projects under this scheme.
iii. 10 projects will be executed in Andhra Pradesh & Goa, 6 projects in Karnataka, 3 projects in Kerala and Tamil Nadu, 2 projects in Gujarat and 1 in West Bengal.

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DAILY CURRENT AFFAIRS: 6 NOV 2017

DAILY CURRENT AFFAIRS: 6 NOV 2017
(DAILY NEWS INDIA)
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1.      FOUNDATION FOR POVERTY-FREE INDIA TO BE LAID BY 2022: NITI AAYOG
i. NITI Aayog has said in a presentation that, the foundation for freedom from six problems namely poverty, corruption, dirt, terrorism, casteism and communalism will be laid by 2022 when India celebrates 75 years of Independence.
ii. The presentation was published on NITI Aayog website. The presentation was made by NITI Aayog Vice-Chairman Rajiv Kumar at Conference of Governors in October 2017. It talked about connecting all villages with habitations over 500 with all-weather roads by 2019 under Pradhan Mantri Gram Sadak Yojana.
iii. It said that, India should have 20 world class higher education institutions by 2022. It also visualised that, all villages selected under Pradhan Mantri Adarsh Gram Yojana should attain model village status by 2022.

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DAILY CURRENT AFFAIRS: 4 NOV 2017

DAILY CURRENT AFFAIRS: 4 NOV 2017
(DAILY NEWS INDIA)
SHARED BY: WWW.DAILYGK.IN
1.      PM MODI INAUGURATED WORLD FOOD INDIA 2017
i. Prime Minister Narendra Modi inaugurated the most anticipated International Mega Food event- World Food India 2017, the biggest congregation of global investors and business leaders of major food companies.
ii. The event is organised by the Food Processing Industries Ministry in Delhi. The three-day event aims to transform food economy and realise the vision of doubling of farmers' income by establishing India as a preferred investment destination.
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DAILY CURRENT AFFAIRS: 5 NOV 2017

DAILY CURRENT AFFAIRS: 5 NOV 2017
(DAILY NEWS INDIA)
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1.      GOVERNMENT LAUNCHED DEEN DAYAL SPARSH YOJANA, A SCHOLARSHIP PROGRAM FOR SCHOOL CHILDREN
i. Union Minister of Communications Manoj Sinha launched a pan India scholarship program for school children called Deen Dayal SPARSH Yojana to increase the reach of Philately.
ii. Abbreviation SPARSH stands for Scholarship for Promotion of Aptitude & Research in Stamps as a Hobby.
iii. Under this scheme annual scholarships will be awarded to children of Standard VI to IX who have good academic record and are also pursuing Philately.
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