Exam-Oriented-Current-Affairs-Dated-01-08-2016-www.KICAonline.com- English

01 Aug 2016

Tunisian PM Habib Essid loses confidence vote

Tunisian Prime Minister Habib Essid has lost a confidence vote in parliament, after just a year and a half in office.  A total of 118 MPs yesterday voted to unseat the Tunisian PM, three voted for him to stay at the helm and 27 abstained. Essid's government has been widely criticised for failing to tackle the country's

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Report on roadmap to double farmers' income by Sept: Govt

An inter-ministerial panel, which has been mandated to recommend a roadmap to double farmers' income by 2020, will submit the report by September, Agriculture Minister Radha Mohan Singh said on Friday. Highlighting measures taken to boost farm output and farmers income, the Minister said in Rajya Sabha more funds have been allocated under various schemes like PMKSY and hence there are no plans for a separate

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Resolution to rename Madras HC as Tamil Nadu HC passed

The Tamil Nadu Assembly on 1 August 2016 unanimously passed a resolution to rename the Madras High Court as the Tamil Nadu High Court. The resolution on the matter was moved by Chief Minister J Jayalalitha as most of the High Courts established after the formation of new states based on linguistic lines have been named after the states only. The resolution was presented in light of the High Courts (Alteration of Names)

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Railway Ministry launches maiden Agartala to Delhi broad gauge train service

The Union Railway Ministry has flagged off the maiden broad gage train service dubbed as ‘Tripura Sundari Express’ from Agartala (Tripura) to Delhi. It was flagged off by Union Railway Minister Suresh Prabhu. With this, the landlocked north eastern state of Tripura entered the broad gauge railway map of the country. Key Facts The ‘Tripura Sundari Express’ will run weekly between Anand Vihar (Delhi) and Agartala

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RBI slaps penalty on BoB, HDFC Bank PNB

The Reserve Bank of India  slapped penalties ranging from Rs 2 crore to Rs 5 crore on Bank of Baroda, HDFC Bank, and Punjab National Bank over the issue of advance import remittances. On Bank of Baroda , the RBI has imposed a penalty of Rs 5 crore on it. This follows the banking regulator finding weaknesses and failures in internal control mechanisms in respect of certain anti-money laundering provisions. Punjab National

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Lok Sabha passes Institutes of Technology (Amendment) Bill, 2016

The Lok Sabha has passed the Institutes of Technology (Amendment) Bill, 2016. The Bill seeks to set up six new Indian Institutes of Technology (IITs) in Tirupati, Palakkad, Goa, Dharwad, Bhilai, and Jammu. It also seeks to bring the Indian School of Mines, Dhanbad within the ambit of the Act. All these institutions will be declared as institutions of national importance. The Bill seeks to amend the Institutes of Technology Act,

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ICICI, Axis bank join Swift’s global payments initiative

SWIFT announced  that ICICI Bank and AXIS Bank are the first Indian banks to sign up for its global payments innovation initiative. Both banks will be joining forces with more than 70 other leading banks globally. The initiative aims to enhance cross-border payments by leveraging SWIFT’s proven messaging platform and global reach. In its first phase, the initiative will focus on business-to-business payments.

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NSE revamps board;appoints Mohandas Pai, 2 others as directors

Top stock exchange NSE has revamped its board, appointing three new public interest directors including chairman of Manipal Global Education Services and Infosys former director Mohandas Pai. Besides, former Secretary at the Ministry of Corporate Affairs Naved Masood and KPMG India’s former Deputy Chief Executive Dinesh Kanabar have been included on NSE’s board as public interest directors. Pai, who was

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IRCTC, SBI sign MoU on promotion of rail ticketing activities

The country’s largest public sector bank, State Bank of India (SBI) and Indian Railway Catering and Tourism Corporation (IRCTC) have signed a Memorandum of Understanding (MoU) to hammer out a detailed plan for promotion of rail ticketing activities, including internet ticketing and unreserved ticketing system. Under the MoU, the signatories “will jointly explore areas of cooperation and draw up a detailed

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Verizon set to announce USD 5 bn deal to buy Yahoo

Verizon Communications Inc  would buy Yahoo Inc’s core internet properties for $4.83 billion in cash to expand its digital advertising and media business, ending a lengthy sale process for the fading Web pioneer. The purchase will boost Verizon’s AOL internet business, which it bought last year for $4.4 billion, as it gains access to Yahoo’s ad technology tools, BrightRoll and Flurry, and search, mail and messenger assets.

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Indian-American Professor Emeritus Braj B Kachru passes away

Noted Indian-American Professor Emeritus of Linguistics Braj B Kachru has passed away in Urbana. He was 84. Braj Kachru, a Jubilee Professor Emeritus of Linguistics, faculty of Liberal Arts and Sciences at the University of Illinois at Urbana-Champaign, died on July 29. Kachru is survived by his daughter and son. He was born on May 15 in 1932 in Srinagar. Kachru married Yamuna Keskar who died on April 19 in 2013.

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SEBI’s first phase of new enterprise portal goes live

MUMBAI, JUL 31:  Markets regulator Securities and Exchange Board of India (SEBI) has initiated the first phase of its new enterprise portal to facilitate accurate and timely dissemination of information to the watchdog’s internal and external stakeholders. The new portal, which would replace the regulator’s existing portal in a phased manner, went live on July 29 and is being developed by IT major Tech Mahindra. The first

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AIADMK expels party MP Sasikala Pushpa as she alleges 'threat to her life'

Rajya Sabha MP Sasikala Pushpa was today sacked from AIADMK following a dramatic turn of events which includes her scuffle with DMK MP Trichy Siva and her subsequent allegation of threat to her life in Tamil Nadu. The Upper House witnessed dramatic scenes as Sasikala broke down and alleged that she was under pressure to quit her post. Sasikala also claimed that her life is under threat, questioning if the

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No government bungalow for former chief ministers, rules Supreme Court

In a blow to VVIP encroachers, the Supreme Court today held that former Chief Ministers are not entitled for government accommodation for a lifetime. The apex court ruling would directly impact six ex-CMs including Uttar Pradesh ex-chief ministers including Mulayam Singh Yadav and Mayawati who are using official bungalows in the state. The bench said that any houses thus occupied should be vacated within two

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Sohrabuddin encounter : Supreme Court clean chit to Amit Shah

New Delhi, Aug 1 (IBNS) : Giving a clean chit to BJP President Amit Shah in connection with the extra-judicial killing of Sohrabuddin, the Supreme Court on Monday said no reinvestigated will be conducted against him. The Supreme Court verdict came after a  petition filed by social activist Harsh Mander that sought quashing of the December 30, 2014 order of a Mumbai sessions court absolving Shah from the  case.  

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Air Marshal B Suresh assumes appointment of AOP

New Delhi, July 31 (IBNS) Air Marshal B Suresh AVSM VM assumes charge as Air Officer-in-Charge Personnel (AOP) at Air Headquarters on Sunday. A graduate of the 'Rashtriya Indian Military College', Dehradun and 'National Defence Academy' Kharakvasla, the Air Marshal was commissioned as a fighter pilot in the Indian Air Force on 13 Dec 1980. He is a meritorious graduate of the 'Tactics and Air Combat

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Maharashtra discoms' CAG audit likely to hit legal hurdle

The Maharashtra government’s move to seek Comptroller and Auditor General of India (CAG) audit of Mumbai distribution companies Tata Power and Reliance Infrastructure is likely to face legal hurdles, according to experts. This is because the two discoms do not have any government equity, unlike their Delhi counterparts BSES Yamuna Power, BSES Rajdhani Power and Tata Power Delhi Distribution. Maharashtra

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Rani Nair set to be new CBDT Chairperson

Senior Indian Revenue Service(IRS) officer Rani Singh Nair is set to be appointed the Central Board of Direct Taxes (CBDT) chairperson, with incumbent Atulesh Jindal retiring on Sunday. Nair, a 1979-batch IRS officer, is presently working as member (legislation and computerisation) in CBDT, policy making body of the Income-Tax department. Officials said the government has issued orders for her to take over as acting

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Harry Potter magic hits Asia as fans celebrate new book

Harry Potter magic hit Asia on Sunday morning as aspiring witches and wizards crowded bookstores to get their hands on the first copies of a new play that imagines the hero as an adult. Launch parties for Harry Potter and the Cursed Child were held hours after the play's premiere in London, setting the stage for a return of the series that has captivated readers and movie audiences worldwide. Nearly 300 fans rushed

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Submit plans for fund raising: Govt to PSU banks

Having announced capital infusion of Rs 22,915 crore in PSU banks, the Finance Ministry has asked them to submit plans for raising resources through markets, including public offers and sale of non-core assets. "With the infusion, the financial strength of the banks will get a boost. This can be then leveraged by the banks to raise funds from the markets which is looking up," sources said. Banks were advised to submit funds raising

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Indian drones to aid crop cover scheme

The central government is working on a project to develop indigenous drones to settle insurance claims under the newly launched crop insurance scheme — Pradhan Mantri Fasal Bima Yojana (PMFBY) — and other such products. The drones are expected to enable insurance firms to assess damage accurately and vet claims so that settlement can be expedited. Under PMFBY, insurers have to settle claims within 45 days of

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City nephrologists awarded for innovative research

AURANGABAD: City-based doctors recieved two awards in the Interventional Nephrology Conference of the Association of Vascular Access and Interventional Renal Physicians (AVATAR) held last Monday at New Delhi. The doctors presented a report on Brachio-Brachial arterio-venous Fistula (AVF). A team of medicos including nephrologists Sachin Soni, Shriganesh R Barnela, radiologist Sonali Saboo, surgeon

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Selena Gomez, Pretty Little Liars top Teen Choice Awards 2016

Pop star Selena Gomez and hit TV series 'Pretty Little Liars' were big winners at the 2016 Teen Choice Awards. The hit mystery drama scored the most surfboard trophies with six, including its fifth consecutive win for Choice TV: Drama, and individual acting prizes for Ashley Benson, Ian Harding, Janel Parrish and Sasha Pieterse. Selena Gomez to be honoured at Italian film fest. Benson won an additional honour for

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Luke Aikins became first person to jump from 25000 feet without a parachute or wing suit

Luke Aikins, a skydiver with 18000 jumps, on 30 July 2016 jumped from 25000 feet (7620 meters) without a parachute a wingsuit. With this he became the first man in the world history to dive from mid-tropospheric altitude and land safely without a parachute or a wing suit or anything else that might helped him stop or slow his descent. 42-year-old, Aikins, completed the stunt without mishap, landing almost in the middle of the

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India to host Kabaddi World Cup in October 2016

International Kabaddi Federation on 31 July 2016 announced selected India to host The 2016 Kabaddi World Cup. The World Cup featuring 12 countries is scheduled to be held in October 2016, the dates for the event will be announced later. Participants of the tournament include India, USA, Canada, UK, Australia, Iran, Poland, Pakistan, Bangladesh, Korea, Japan and Kenya. Kabaddi became a part of Asian Games in

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Mohun Bagan Ratna conferred on Syed Nayeemuddin

Mohun Bagan Football Club on 29 July 2016 conferred the Mohun Bagan Ratna on Syed Nayeemuddin, India’s only Dronacharya football coach. Nayeemuddin was chosen for the prestigious award for his overall contribution to the club and the country both as a player and as a coach. The former India captain became the 16th recipient of the prestigious award.  Syed Nayeemuddin is an Indian football coach and former 

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Kerala Tourism bags six national awards

New Delhi: Kerala Tourism on Saturday bagged six National Tourism awards for 2014-15 in the marketing category for states. It received two more awards, including the one for its Responsible Tourism (RT) initiative in Wayanad. Lok Sabha speaker Sumitra Mahajan presented the awards to principal secretary Venu V and director U.V. Jose in the presence of union tourism minister Mahesh Sharma at a function at

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Lewis Hamilton wins 2016 German Grand Prix of F1

Lewis Hamilton of Mercedes on 31 July 2016 won the 2016 German Grand Prix held in Hockenheimring. The 2016 German Grand Prix turned out to be fourth consecutive win for Hamilton. The previous three are 2016 Hungarian Grand Prix, 2016 British Grand Prix and 2016 Austrian Grand Prix. Till now, 5 drivers have won three German Grand Prix in their careers. With this win, Hamilton joins the league of Ayrton

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Andhra Pradesh signs MoU with Japan to develop food value chain

The Andhra Pradesh government on 30 July 2016 signed a Memorandum of Understanding (MoU) with Japan to develop a food value chain in the state. Under the MoU, Japan's Ministry of Agriculture, Forestry and Fisheries (MAFF) will encourage direct investments by Japanese companies in the fields of agriculture and food-related industry in Andhra Pradesh. Along with developing a food value chain, it will also establish

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AAAI confers Lifetime Achievement Award 2016 on Srinivasan Swamy

Srinivasan K Swamy, popularly known as Sundar, was conferred with the 2016 Lifetime Achievement Award by the Advertising Agencies Association of India (AAAI) on 29 July 2016. The award was bestowed on him in Mumbai.  He is a veteran of almost four decades in the advertising industry.  He is the Chairman of RK Swamy Hansa, a marketing communications group.  He has been the President of AAAI

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Satish Mathur appointed DGP of Maharashtra Police

Satish Mathur was appointed as Director General of Maharashtra Police on 20 July 2016 by Maharashtra Government. Mathur, the IPS of 1981-batch, is due to retire in June 2017. Mathur will succeed Praveen Dixit, the IPS of 1977 batch, who is retiring from on 31 July 2016 on superannuation. Dixit was serving in the post since September 2015. The order of his appointment was issued by the state home department after

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Jharkhand government to form separate cell for Primitive Tribes Group

Jharkhand government in July 2016 decided to form a separate cell for the Primitive Tribes Group (PTG) in the Welfare Department. The purpose of the cell is to monitor the benefits to the group under various schemes. A Consultant and an Assistant would be placed in the cell. The Union Government provides fund for the welfare of the PTG in addition to the state's own schemes.  There are nearly three lakh people

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Government set to face opposition over bill seeking to amend Enemy Property Act

The government is set to face resistance in passage of the bill which seeks to amend the Enemy Property Act, with major opposition parties Congress, Samajwadi Party, JD(U) and CPI opposing its key provisions. The Enemy Property (Amendment and Validation) Bill seeking to make changes in the Enemy Property Act, 1968, is listed in Rajya Sabha for being taken up this week. The Bill was passed by Lok Sabha on March 9.

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Aung San Suu Kyi expresses desire to visit India

Myanmar State Counsellor and Foreign Minister Aung San Suu Kyi has expressed her desire to visit India during a meeting with Minister of State for External Affairs V.K. Singh. “Aung San Suu Kyi enquired about EAM’s (External Affairs Minister Sushma Swaraj’s) health and mentioned that she is looking forward to visiting India, External Affairs Ministry spokesperson Vikas Swarup said in his weekly media briefing on

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Govt dilutes clause on transfer of High Court judges over conflict of interest

EVEN AS the tussle between the Centre and higher judiciary over the revised Memorandum of Procedure (MoP) for appointments to higher judiciary continues, the government has given in to the Supreme Court collegium on an important clause regarding transfer of high court judges over conflict of interest. The law ministry’s latest draft, dated June 21, shows that the government has accepted the collegium’s view to do

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Bihar lifts ban on toddy

Following pressure from its main ally RJD chief Lalu Prasad, the Bihar government led by Chief Minister Nitish Kumar on Saturday took a U-turn by lifting the ban on the sale and consumption of toddy in the state. Bihar Excise and Prohibition Minister Abdul Jalil Mastan told media that there will be no ban on sale and consumption of toddy in the state. “Ban on toddy has been lifted,” Mastan said. In April after Bihar imposed

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Absolutely No Need To Reinvestigate BJP Chief Amit Shah: Supreme Court

New Delhi:  BJP chief Amit Shah will not be reinvestigated in the extra-judicial killing of Sohrabuddin Sheikh, a petty criminal in Gujarat, the Supreme Court said today. In 2014, Mr Shah was found innocent of charges that he ordered the "fake encounter" that led to Mr Sheikh being shot dead in 2005  by the police which reported to him as Home Minister of Gujarat. A court in Mumbai ruled that there was no evidence

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Swaraj Abhiyan To Launch Political Party By October 2

Swaraj Abhiyan leaders Yogendra Yadav and Prashant Bhushan today announced launching of a political party by October 2 to provide an "alternative political vehicle" even as they hit out at AAP, saying it has a "supremo" culture. The political party will be launched by October 2 and a six-member committee has been formed for this purpose, Mr Yadav said. Addressing the concluding session of a two-day Abhiyan national

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IIT-Kharagpur: In a first, 2 students given President gold medal

For the first time, two students from IIT Kharagpur have been awarded President of India gold medals during its annual convocation. Prithwish Mukherjee and Soham Dan, both from the department of computer science and engineering, had the highest CGPA score of 9.75. Each year, the President of India Gold Medal is given to the student with the highest academic performance. “It was a tie. We have some rules for a tie-

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Tigers hold up Rio Tinto’s diamond mining plans in Madhya Pradesh

New Delhi: The government has shelved granting permission to mining corporation Rio Tinto to open a diamond mine in Madhya Pradesh, saying the plan endangers a rich forest area and a tiger corridor between the Panna Tiger Reserve and Nauradehi Wildlife Sanctuary. Rio Tinto says there are diamonds worth Rs.20,520 crore in Bunder. But environmentalists are concerned that the Rs.2,200 crore Bunder diamond

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Parrikar approves new blacklisting policy for tainted defence companies

NEW DELHI  Defence Minister Manohar Parrikar has said that the new  backlisting policy for defence companies involved in wrongdoings has been approved and will be out in public domain in next few weeks. “I have approved the blacklisting policy and it will be issued in next few days after corrections of spellings and grammar,” Mr Parrikar said in an interview to a weekly news magazine (The Week).Under the new

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Ajit Jain, Anurag Acharya given Distinguished Alumnus Awards

Google Scholar co-founder Anurag Acharya and potential successor to Berkshire Hathaway CEO Warren Buffett, Ajit Jain, were today given the Distinguished Alumnus Award by IIT Kharagpur for their exceptional professional achievements. They were part of a group of seven eminent alumni who were given the award at the 62nd convocation of the prestigious institute. However, both Jain and Acharya could not make it to the

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Simona Halep wins Rogers Cup women’s single in straight sets

MONTREAL – Romanian Simona Halep beat out Madison Keys to win the final match of Montreal’s annual Rogers Cup tennis tournament. The fifth-seeded Halep was a clear crowd favorite against the 21-year old American. Keys, seeded 10th at the tournament, is a rising star, but in the end Halep had the best of her, winning in two straight sets 7-6 (2), 6-3. As the winner, Halep walks away with the $2.4 million grand prize

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Tokyo appears poised to welcome its first ever female governor

Tokyo appears poised to welcome its first ever female governor. Exit polls project Japan’s former Defence Minister Yuriko Koike has beaten off twenty other candidates vying for the position. “I am pushing for a Tokyo where people’s lives will be better, and everyone can shine, men and women, children and adults, the elderly and the disabled,” she told supporters. The two previous governors resigned amid separate funding

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Congress names Amrita Dhawan as NSUI's acting President

 New Delhi, July 30 (IANS) Congress on Saturday appointed Amrita Dhawan as acting President of its student wing, National Students' Union of India (NSUI) after Roji M. John resigned from the post. "Consequent upon the resignation of Roji M. John as President of All India NSUI, Congress Vice President and in charge of Frontal Organisations Rahul Gandhi has approved the name of the first Vice-President of

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