Exam-Oriented-Current-Affairs-Dated-27-06-2016-www.KICAonline.com-English

27 Jun 2016

 

Government initiates process to constitute Monetary Policy Committee (MPC) under the Reserve Bank of India Act, 1934

Government decides to bring the provisions of amended RBI Act regarding constitution of MPC into force on 27th June, 2016 so that statutory basis of MPC is made effective;  Rules governing the procedure for Selection of Members of Monetary Policy Committeeand Terms and Conditions of their Appointment and factors constituting failure to meet inflation target under the MPC Framework notified

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Samuel L Jackson Receives Lifetime Achievement Award at BET

Actor Samuel L Jackson was honoured with the Lifetime Achievement Award at BET 2016. The legendary actor was presented with the award by director Spike Lee, who called him "one of the greatest actors on this god's planet" and "the hardest-working man in show business," reported E! online. The 67-year-old actor thanked god, his family and close friends for their support throughout his

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Tomorrow's India to help Indian businesses tap into the $10b opportunity in South Korea

Bangalore: The second edition of “Tomorrow’s India Global Summit” will be held at Seoul, South Korea from 25-29 September. The bi-annual event is being organized by Global Social (India) Foundation, a New Delhi based non-profit. It aims to showcase India’s prowess across the world and act as a catalyst for forging ties in the fields of business, knowledge and culture, and will feature panel

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WBR Corp organized its signature event Indo-UAE Global Investment Summit & World Brands Summit


Dubai: WBR Corporation an an​autonomous branding organization organized Indo-UAE Global Investment Summit and World Brands Summit ~ Most Trusted Brands & Leaders of Asia at Crowne Plaza Hotel, Dubai in association with PHD Chamber of Commerce & Industry to felicitate some of Most Trusted Brands and Leaders in Asia for their exemplary achievements in their respective domains.

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Book traces CM’s journey from IIT to AAP

In a first-of-its-kind book that traces the journey of Arvind Kejriwal from being an IITian to the chief of Aam Aadmi Party (AAP), authored by Pran Kurup, was launched in the city on Sunday. After the release of the book, Arvind Kejriwal and the Aam Aadmi Party: An Inside Look, Mr Kurup, who is a close friend and batch mate of Kejriwal at IIT, said, “Basically, it looks at a journey that starts from our

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International book prize for Indian author

Bengaluru, Jun 26: Indian columnist and author Dinesh C Sharma has been named winner of the Computer History Museum Book Prize for his book, The Outsourcer: The Story of India's IT Revolution. The prize was given by the Special Interest Group for Computers, Information and Society (SIGCIS) for the History of Technology. It was presented to Sharma at the annual meeting of the

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Award-winning Barbadian-born author Austin Clarke dies at 81

Austin Clarke, the award-winning Barbadian-born author who wrote about the immigrant experience and being black in Canada, has died at age 81.  His publicist Denise Bukowski said Clarke died in a hospital yesterday morning, and a funeral service has been scheduled for July 9. Clarke won the prestigious Scotiabank Giller Prize and the Commonwealth Writers Prize for his 2002 novel "The

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UFC veteran Ryan Jimmo passes away in a hit-and-run incident

Canadian Light Heavyweight and UFC vetaran Ryan Jimmo, 34, passed away this weekend when he was run over by a vehicle. It is also reported on Wrestlinginc.com that an altercation had ensued between Jimmo and the driver of the vehicle prior to the incident.The news report published by CBS News read the following:“An altercation occurred between the drivers of two vehicles at around 2:15

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For nature, gravel-bed rivers most important feature in mountainous western North America

Gravel-bed river floodplains are some of the most ecologically important habitats in North America, according to a new study by scientists from the U.S. and Canada. Their research shows how broad valleys coming out of glaciated mountains provide highly productive and important habitat for a large diversity of aquatic, avian and terrestrial species. This is the first interdisciplinary research at the

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China inaugurates environmental prize

EIJING - A total of 19 groups and 33 individuals became the first winners of China's environmental prize, the ecological civilization award, on World Environment Day on Sunday. The winners were from provinces and regions including Sichuan, Xinjiang,Zhejiang and Tibet. The award event will be run by the Ministry of Environmental Protection every three years. Also on Sunday, a symposium was held in

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Management course for global environment leaders

The Environment Protection Training and Research Institute (EPTRI), Hyderabad, is launching a first-of-its kind comprehensive post graduate diploma in management - environmental management (PGDM-EM) approved by the All India Council for Technical Education (AICTE). The programme is designed to mould successful business leaders who abide by the three pillars of sustainable business: people,

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606 fish species of Gujarat to be mapped

JUNAGADH: Marine biotechnology scientists in Gujarat have discovered 10 new species of fishes including one that has been recorded for the first time in the world. The new species were discovered in the first-ever discovered in the first-ever major exercise to map and DNA barcode all the fish species that are found along the state's 1,600 km coastline. Scientists say the mapping will help create a

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Forest cover increase by 5 square km in Goa

PANAJI: The state government on Saturday said that forest cover in the state has increased by 5 square km as per the 2015 forest survey of India report. Environment and forest minister Rajendra Arlekar said that there is no need to put restriction to control increasing in forest cover. Speaking to mediapersons principal chief conservator of forests Ajai Saxena that every two years the government

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Government Plans New Category Visa To Boost Trade: Report

New Delhi: The government may soon roll out a long-term multiple-entry comprehensive visa by merging tourist, business, medical and conference visas into one to attract more visitors and boost trade. Tourists, businessmen or people coming for treatment or to attend conferences or even for film shoots can be covered under the proposed new category, which was first mooted by the Commerce

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Women missing from India’s workforce, says economic survey

New Delhi: In both rural and urban India, women are not present in significant numbers in the labour force, according to the Economic Survey 2015-16. Even though the proportion of the economically active population (15-59 years) increased from 57.7% to 63.3% between 1991 and 2013 (Sample Registration System data, 2013), “the labour force participation rate for women is significantly lower

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Narang finishes 7th at ISSF World Cup

Baku (Azerbaijan), Jun 26: Olympic Bronze medalist Gagan Narang finished seventh in the men’s 50m Rifle prone event at International Shooting Sport Federation (ISSF) World Cup here today. It was shooters fifth final in the event in the last two years and has bagged Bronze which he won in Fort Benning last year. He also reached the finals of Granada World Championships in 2014.On Thursday,

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Henrik Stenson won the BMW International Open at Golf Club Gut Laerchenhof

The Swede had to play 36 holes on Sunday after rain delays prevented him from taking to the course on Saturday and he signed for a third-round 67 in the morning to open up a one-shot lead. Having only dropped a single shot in the first three rounds at Golf Club Gut Laerchenhof, Stenson went on to make four bogeys in his final 18 holes. While round four was uncharacteristically messy for Stenson, his 71

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Newly expanded Panama Canal opens for bigger business

The Panama Canal, which since 1914 has been a keystone of both global trade and Panama's economy, will open its long-anticipated expansion today. Panama's President will unveil the new locks and third shipping lane built into the 102-year-old canal. For Panama, the unveiling of the broader canal is a moment of pride and of opportunity. Now, ships as long as the Eiffel Tower is tall, and as broad as Olympic-sized swimming pools, will be able to use the canal.Foreign

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India Clears Ultra- Light Howitzers purchase from US

The Defence Ministry on Saturday gave its nod for the purchase of 145 Ultra Light Howitzers guns, worth about 750 million dollars from the United States. The Defence Acquisition Council, chaired by Defence Minister Manohar Parrikar approved this in New Delhi. While 25 guns will come to India in a fly away condition, the rest will be assembled at the proposed Assembly Integration and Test facility

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Political deadlock in Spain

In Spain, the conservative People's Party of acting Prime Minister Mariano Rajoy has won most seats in the parliamentary election. The party is however short of a majority. Spain's other main party, the Socialist PSOE is in second place. The left-wing Unidos Podemos coalition predicted to take over the socialist party came third and centre-right Ciudadanos was the fourth. The vote has failed to break the

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N Srinivasan re-elected as TNCA president for 15th term

Former BCCI President and former International Cricket Council Chairman N Srinivasan was today elected president of the Tamil Nadu Cricket Association (TNCA) for the 15th consecutive term. “N Srinivasan and KS Viswanathan has been elected president and secretary of the TNCA for the 15th and 10th time, respectively,” the association announced. A TNCA functionary said there was no election

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Gopichand, Anju Bobby George join Khelo India committee

New Delhi: India's lone athletics World Championship medal winner Anju Bobby George and chief national badminton coach Pullela Gopichand have been drafted as members of Khelo India, a national programme for the development of sports in the country, an initiative by the Government. Khelo India is a seven-member committee, in which Anju and Gopichand are the two sportspersons.The committee

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Former India batsman Lalchand Rajput named Afghanistan coach

The Afghanistan Cricket Board has named former India batsman Lalchand Rajput as the new head coach of their national team. He takes over the position vacated by former Pakistan captain Inzamam-ul-Haq in April 2016 and his first assignment is a tour of Scotland, Ireland and the Netherlands in July and August. According to ACB chief executive Shaiqullah Stanikzai, Rajput was chosen ahead of

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Russian physicists create a high-precision 'quantum ruler'

Russian physicists create a high-precision 'quantum ruler': Physicists have devised a method for creating a special quantum entangled state."This technique will enable us to use quantum effects to increase the accuracy of measuring the distance between observers that are separated from one another by a medium with losses. In this type of medium, quantum features of light are easily destroyed," says

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Superheroes are real: Ultrasensitive nonlinear metamaterials for data transfer

An international team of scientists led by MSU researchers for the first time managed to demonstrate the effect of all-optical switching between streams of photons, born during the third harmonic generation process. According to Maxim Scherbakov, the researcher of the Laboratory of Nanophotonic metamaterials, Moscow State University, the work will make it possible to use the

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​India joins Missile Technology Control Regime. Top 5 things to know

The Missile Technology Control Regime (MTCR) has officially declared India’s membership, stating that as a new member India will be entitled to “full participation” in organisational activities including the October 2016 plenary of the regime which will take place in South Korea. “As all formal procedures for membership have now been finalised, the Chairman of the joint Netherlands-Luxembourg

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Prime Minister of India Narendra Modi will soon get a brand new Air India One aircraft for official purposes

Prime Minister of India Narendra Modi will soon get a brand new Air India One aircraft for official purposes. According to exclusive details available with Aaj Tak, the aircraft will be similar to US President Barack Obama's Air Force One. The VIP Boeing 747 jumbo jet which had been serving VVIP's for two decades, will be replaced by a plush and highly-secure Boeing 777-300s which shall be

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Australia beat West Indies to claim tri-nation series

A match-winning three-wicket bowling stint by Mitchell Marsh lifted Australia to a convincing victory by 58 runs against West Indies in the final of the triangular one-day international (ODI) series in Barbados on Sunday. Australia, who batted first after winning the toss, seemed destined to post a middling target until wicketkeeper Matthew Wade, batting at number seven, rattled off an unbeaten 57

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Lionel Messi announces international retirement after Copa America loss

Lionel's Messi's apparent last act in international soccer was to blast his penalty over the bar as Chile won the Copa America for the second successive year following a 4-2 penalty shootout victory over Argentina on Sunday. (Chile win second straight Copa America title after Messi's penalty miss) It was the second successive year Chile had beaten Argentina on penalties in the final. Last year's Copa

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Lending agency AIIB approves first batch of loans

Asian Infrastructure Investment Bank or AIIB has approved 165 million U.S. dollars in loans for a Bangladesh project – the first batch of loan for the country from the China-led development bank. The banks Board of Directors approved its first 4 loans totaling 509 million U.S.dollars to finance 4 projects including that one of Bangladesh. Three of the 4 projects are co-financing operations with multilateral

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Volkswagen to pay $10 bn in US emissions scam

Volkswagen has agreed to pay USD 10 billion to settle a huge US civil case over its diesel emissions-cheating scandal. As part of the settlement, Volkswagen would compensate owners of around 480,000 2.0-liter diesel cars up to USD 7,000 in cash each, and would also fund a programme to fight air pollution. Volkswagen admitted in September that it had installed software on diesel cars that tricked

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India jumps to number 5 in world hockey rankings

India’s men hockey team jumped to fifth position ahead of the likes of Belgium, Argentina and New Zealand when the Indian hockey team lodged a protest during the penalty shootout before finally settling for historic silver after the jury announced that the 1-3 result against Australia. India now has 1689 points at the conclusion of the Champions Trophy, 56 points ahead of sixth-placed Belgium

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US to lift ban on transgenders in military

The Pentagon plans to announce the repeal of its ban on openly serving transgender service members next month. The repeal would come five years after a 2011 decision to end the US military’s ban on gays and lesbians serving openly, despite fears – which proved unfounded – that such a move would be too great a burden in wartime and would undermine readiness. The decision comes with broader

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Social entrepreneur Zubaida Bai bags UN honour for corporate sustainability initiative

Zubaida Bai, an Indian social entrepreneur, has been named among the ten ‘2016 Global Compact SDG Pioneers’, an initiative launched by UN. The list of ten SDG Pioneers was announced by the UN Secretary General Ban Ki-moon at the 2016 UN Global Compact (UNGC) Leaders Summit in New York, United States. Zubaida is the founder of ‘ayzh’, a for-profit social venture providing health and

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International Day against Drug Abuse and Illicit Trafficking observed with theme Listen First

26 June: International Day against Drug Abuse and Illicit Trafficking.

International Day against Drug Abuse and Illicit Trafficking was observed on 26 June 2016. The day was observed with theme Listen First. 2016 theme Listen First is an initiative to increase support for prevention of drug use that is based on science and is thus an effective investment in the well-being of

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Chile beat Argentina to win 2016 Copa America Football tournament

This was second Copa America title for Chile in two years. In the 2015 Final, Chile defeated Argentina 4-1 in a penalty shootout following a 0-0 scoreless draw at the end of regulation. This was second America title for Chile, it won the first title in 2015 after defeating Argentina 4-1 in a penalty shootout following a 0-0 scoreless draw at the end of regulation. With this, Chile also became the first team to

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Kenyans celebrate Sawe's pioneering high jump gold medal

Top figures in Kenyan athletics celebrated Mathew Sawe's history-making men's high jump gold at the 17th CAA Senior Championships in Durban, South Africa, that concluded on Sunday. National record holder Sawe leapt to 2.21m on day three of the continental tournament to become the first ever winner at the field event for Kenya at any international meeting to spark an outpouring of congratulatory

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Google honours R.D. Burman on 77th birth anniversary

'Bringing in influences from all over the world, from disco, to funk, R.D. Burman revolutionised Bollywood' Search engine Google on Monday celebrated legendary music composer R.D. Burman's 77th birth anniversary with a doodle on its India homepage. "Bringing in influences from all over the world, from disco, to funk, to cabaret, R.D. Burman revolutionised Bollywood," it said. Popularly

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Theatre doyen Kavalam Narayana Panicker passes away

Thiruvananthapuram, June 26 () Theatre doyen Kavalam Narayana Panicker, who successfully blended the classical tradition and folk elements in the format of contemporary theatre, passed away at his home here. He was 88. He is survived by his wife Saradamani and singer-son Kavalam Sreekumar. He had been unwell for some time due to age related ailments, family sources said. A multi-faceted

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Pooja Dabhi Wins Round One of Honda All Ladies Race

Pooja Dabhi clocked an overall timing of 8:03:969 minutes over 5 laps.  Shruthi N had the fastest lap time of 1:23:691 minutes. The Honda exclusive Ladies Race will extend for the complete season. Kick starting Honda's One Make Race series, Pooja Dabhi of Pune romped took home the victory at the inaugural round of the Honda All Ladies Race, held at Kari Motor Speedway in Coimbatore. The Pune

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Mahashangarh declared as the SAARC cultural capital for 2016-17

Mahasthangarh, the 3rd century BC archaeological site in Bogra, Bangladesh, has been declared as the South Asian Association of Regional Cooperation (SAARC) cultural capital for the year 2016-17. As a SARRC cultural capital, the historic place will host festivals on literature, films, foods and dances from October 2016 to September 2017. Besides, the year 2016-17 has also be declared the SAARC Year of

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ADB extends $500-million loan for river bridge in Bihar

Asian Development Bank has approved $500 million (approximately Rs 3350 crore) loan for constructing a bridge across Ganga. Once built, the 9.8 km road bridge in Bihar will be country’s longest river bridge. The bridge would provide vital transport links between the northern and southern parts of the state and with neighbouring country Nepal. The project will run for about 4 years and is

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Colombia government, FARC rebels sign historic ceasefire

The Colombian government and FARC rebels signed a ceasefire and disarmament agreement, one of the last steps toward ending a half-century conflict that has killed hundreds of thousands of people. The deal puts a definitive end to fighting in Latin America’s longest civil war, which has torn the country apart with shootings and bombardments in its coca-rich jungles and hills. President Juan

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complete list of award winner at IIFA Awards ’16

Bollywood stars Deepika Padukone and Ranveer Singh bagged the Best Actor (Female) and Best Actor (Male) trophy at the 17th IIFA extravaganza for their performance in Piku and Bajirao Mastani respectively. Sanjay Leela Bhansali’s historical romance Bajirao Mastanidominated the winners list at the 17th IIFA awards. Bajirao Mastani, which revolved around Peshwa Bajirao falling in love with Mastani,

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Government to announce cheap power for Vidarbha industries on June 29

Nagpur: Energy minister Chandrashekhar Bawankule will finally announce lower industrial power tariff for industries in Vidarbha, Marathwada, Northern Maharashtra and backward talukas of Western Maharashtra on Wednesday. "The five-member cabinet sub-committee has sorted out all the issues. The subsidy for Northern Maharashtra and backward talukas of Western Maharashtra will be funded

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India joins MTCR: 7 things the country stands to gain

India has officially joined the Missile Technology Control Regime (MTCR) as a full member, three days after its failed NSG bid due to stiff opposition from China and other countries like South Africa, Norway, Brazil, Austria, New Zealand, Ireland and Turkey. As India becomes the 35th member of the MTCR, here are seven things that you should know: Benefit to ISRO: During the cold war years,

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