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GOVERNMENT SCHEME-APPROVAL-DECISION -DAILY-NEWS-10-09-2016
Union Cabinet approves revised Indo-Cyprus DTAA
Union Cabinet on 24 August 2016 approved the signing of an agreement and the protocol between the India and Cyprus for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to Taxes on Income. The approval will help India in its fight against tax evasion, round tripping and base erosion/profit shifting. The approval will replace the existing Double Taxation
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Union Cabinet approves introduction of Surrogacy (Regulation) Bill, 2016
The Union Cabinet on 24 August 2016 approved the introduction of the Surrogacy (Regulation) Bill, 2016. The Bill will ensure effective regulation of surrogacy, prohibit commercial surrogacy and allow ethical surrogacy to the needy infertile couples. It will regulate surrogacy in India by establishing National Surrogacy Board at the central level. It will also establish State Surrogacy Boards and
Union Cabinet approves simplification of FDI Policy 2016 in various sectors
The Union Cabinet on 31 August 2016 approved simplification and liberalisation of the Foreign Direct Investment (FDI) Policy, 2016 in various sectors. These radical changes in FDI regime were introduced by the Union Government on 20 June 2016. The FDI policy amendments are aimed at providing ease of doing business in the country leading to larger FDI inflows contributing to growth
Union Government launches dedicated pan-India helpline for power outages
The Union Government on 6 September 2016 launched the Urja Mitra Helpline number 14401, a dedicated pan-India helpline for power outages. With this, consumers can now get an update from power distribution companies about outages in their area by dialling 14401. The Department of Telecom (DoT) created the helpline for pan-India usage to send information through voice calls and
Union Government launches NIDHI for nurturing ideas and innovation into start ups
Union Government on 6 September 2016 launched a new program called National Initiative for Developing and Harnessing Innovations (NIDHI). The initiative aims at nurturing ideas and innovation into successful start ups. NIDHI, an umbrella programme of the Department of Science & Technology (DST), will focus on helping startups to meet their funding, infrastructure and other
Nitin Gadkari, Minister of Road Transport and Highways and Shipping, and Ravi Shankar Prasad, Minister of Electronics and Information Technology and Law and Justice, on 7 September 2016 jointly launched Integration of DigiLocker with Driving Licenses (DL) & Vehicle Registration Certificates (RC) in New Delhi. The new service will end the need of people carrying around
SCIENCE AND TECHNOLOGY-DAILY-NEWS-10-09-2016
NASA launches OSIRIS-REx spacecraft to collect samples from Bennu asteroid
The National Aeronautics and Space Administration (NASA), a US space agency has launched OSIRIS-REx spacecraft to collect samples from an asteroid 101955 Bennu and return to Earth. The spacecraft was launched onboard a United Launch Alliance (ULA) Atlas V rocket from Cape Canaveral Air Force Station. Key Facts OSIRIS-Rex stands for Origins, Spectral Interpretation,
China tests stealth-defeating quantum radar
China has claimed that it has successfully developed and tested a radar system that uses quantum entanglement to beat the stealth technology of modern military aircrafts. This first Chinese quantum radar was developed by the Intelligent Perception Technology Laboratory. Prior to it, US was only the country stealth-defeating quantum radar. Key Facts Quantum radar is a device that uses quantum
SpaceX Falcon 9 rocket destroyed in explosion
A SpaceX Falcon 9 rocket exploded on its Cape Canaveral launch pad during a test on 1 September 2016. The explosion destroyed a commercial satellite that Facebook had planned to use to extend Internet access in Africa. It was the second time in just over a year that SpaceX has lost a Falcon 9 rocket, which is slated to launch NASA astronauts for the first time in 2017.
BANKING-DAILY-NEWS-10-09-2016
SBI board approved merger of 5 associate banks, BMB with itself
The State Bank of India (SBI) board on 18 August 2016 approved merger of its five associate banks and Bharatiya Mahila Bank (BMB) with itself. Apart from the BMB, the 5 associate banks that will be merged with the SBI are -
Unified Payments Interface introduced by banks
Unified Payments Interface (UPI) was introduced on 25 August 2016 by four banks, namely Axis Bank, Union Bank of India, Federal Bank and Bank of Maharashtra. The app will allow customers to make payments via digital means. The app went live for these banks after National Payments Corporation of India (NPCI) issued letters to them asking them to make the apps available on Google
RBI cancelled certificate of registration of five NBFCs
The Reserve Bank of India (RBI) on 8 September 2016 cancelled the certificate of registration of five non-banking financial companies (NBFCs).Now, these companies will not be able to transact the business of a non-banking financial institution as laid down under clause (a) of Section 45-I of the Reserve Bank of India Act, 1934. The NBFCs whose certificate of registration were cancelled
AWARD AND HONOUR -DAILY-NEWS-10-09-2016
Haryana wins Best Horticulture State award
Haryana has won ‘Best Horticulture State’ award of the Indian Council of Food and Agriculture (ICFA). The award was bestowed upon the state for its concerted efforts made to increase the income of the farmers in horticulture. The award was received by Haryana Agriculture Minister OP Dhankar at two-day 9th Agricultural Leadership Summit 2016 that organized by ICFA in New Delhi. Besides,
Novel on Apatani tribe of Arunachal Pradesh wins MM Bennetts Award
Novel based on Apatani tribe of Arunachal Pradesh titled Into the Hidden Valley has won 2016 MM Bennetts Award for Historical Fiction in the United Kingdom. The novel is authored by Stuart Blackburn. He was presented with this award at the HNS Conference in Oxford. Novel: Into the Hidden Valley The novel looks into a little-known episode in the colonial history of British India. It
US Postal Service honors Diwali Festival with a Forever Stamp
The United States Postal Service (USPS) on 23 August 2016 announced to commemorate the joyous Hindu festival of Diwali with the launch of Forever stamp. The first-day-of-issue dedication ceremony of the Forever Stamp will take place at the Consulate General of India, New York on 5 October 2016. The launch of this stamp is an important recognition for the more than 3 million
SPORT-DAILY-NEWS-10-09-2016
Sakshi Malik named brand ambassador for Beti Bachao, Beti Padao campaign in Haryana
Sakshi Malik, the woman wrestler who won the bronze medal at 2016 Rio Olympics in the 58 kg category, was named as Haryana’s brand ambassador for Beti Bachao, Beti Padao campaign. Haryana Chief Minister Manohar Lal made this announcement on 24 August 2016 at Bahadurgarh where he awarded Malik with 2.5 crore rupees and Commendation Certificate. He also offered her a class two
Cristiano Ronaldo wins UEFA Best Player in Europe award
Cristiano Ronaldo on 25 August 2016 won the UEFA Best Player in Europe award for 2015-16. He won the award for the second time in three years.Ronaldo defeated Antoine Griezmann and Gareth Bale to bag the honours. Ronaldo scored 35 goals for Real Madrid in La Liga and 16 goals in Champions League competition in 2015. He scored three goals for Portugal at Euro 2016.
Abhinav Bindra to Head NRAI Review Committee on Rio Debacle
National Rifle Association of India (NRAI) on 25 August 2016 constituted a five-member review committee to probe the shooters' Rio Games debacle. The committee will be headed by India's first and only individual Olympic gold-medallist Abhinav Bindra. The committee has been asked to submit the report within a maximum period of four weeks.
Thongchai Jaidee becomes Asian Tour Golfer for July 2016
Thailand’s Thongchai Jaidee on 25 August 2016 was voted as the Hilton Asian Tour Golfer of the Month for July 2016. Thongchai won the award ahead of Chinese Taipei's Chan Shih-chang and Carlos Pigem of Spain. They were nominated by a selection panel before going into a voting process.
Sri Lankan cricketer Tillakaratne Dilshan announced retirement from International Cricket
Veteran Sri Lanka batsman Tillakaratne Dilshan on 25 August 2016 announced his retirement from international cricket. He will play his last ODI in Dambulla on 28 August 2016 against Australia (third of the five-match series). He will play his last T20 international in Colombo on 9 September 2016. Dilshan, who is most famous for inventing the Dilscoop, had already retired from Test cricket
PM announces Task Force to prepare action Plan for next three Olympics Games
Prime Minister Narendra Modi on 26 August 2016 announced the decision to set up a task force to prepare action Plan for the next three Olympics Games. The task force will be set up over the next few days. The announcement was made at the meeting of the Council of Ministers in New Delhi. The task force will prepare a comprehensive action plan for effective participation of Indian sports
Sania Mirza, Monica Niculescu won Connecticut Open doubles title
Saina Mirza and Monica Niculescu on 28 August 2016 won Doubles title at the Connecticut Open in New Haven, the US. In the final clash, the Indo-Romanian team defeated the Ukrainian-Taiwanese pair of Kateryna Bondarenko and Chuang Chia-Jung, 7-5, 6-4. This is their first title together. The last time Sania and Niculescu partnered up was in 2010. They had played one tournament together
Wrestler Yogeshwar Dutt’s London Olympics bronze medal upgraded to silver
Indian wrestler Yogeshwar Dutt's bronze medal from the 2012 London Olympics was upgraded to silver on 30 August 2016. The medal was upgraded after second-place finisher late Besik Kudukhov of Russia was stripped off his medal for failing a dope test. As per Russian agency, flowrestling.org, Kudukhov, who had died in a car crash in 2013 in southern Russia, was found to have used a banned
CRPF decides to appoint P V Sindhu as Commandant and brand ambassador
Central Reserve Police Force (CRPF), India’s largest paramilitary force, on 29 August 2016 decided to appoint ace badminton player P V Sindhu as its brand ambassador. CRPF will also bestow the honorary rank of Commandant on the Olympic silver medallist. The force has moved a formal proposal in this regard to the Union Home Ministry. After getting required sanctions, Sindhu will be
India A wins Quadrangular one-day cricket series
India A on 4 September 2016 clinched the Quadrangular one-day cricket series. In the final clash in Mackay, Australia, India defeated Australia-A by 57 runs. Electing to bat after winning the toss, India A put up 266 for 4 in their 50 over before bowling out the hosts for 209 in 44.5 over. Mandeep Singh was the star of India's batting performance with a 108-ball 95. He was named Player of the
Nico Rosberg wins 2016 Italian Grand Prix
Nico RosbergNico Rosberg on 4 September 2016 won the 2016 Italian Grand Prix at the Autodromo Nazionale Monza in Monza, Italy. It is Rosberg’s seventh victory of the 2016 Formula One season. In this season, he has won the 2016 Australian Grand Prix, the 2016 Bahrain Grand Prix, the 2016 Chinese Grand Prix, the 2016 Russian Grand Prix, the 2016 European Grand Prix and the 2016
Abhinav Bindra announces retirement from Shooting
Abhinav Bindra, India's lone individual Olympic gold medallist, on 4 September 2016 officially announced his retirement from shooting. He announced his retirement after playing for almost two decades. In Rio Olympics 2016, Bindra nearly missed a second Olympic medal by a whisker and came fourth. Presently, he is the Chairman of a review committee formulated by the NRAI to
Sikki, Pranaav clinched Brazil Open Grand Prix title
Sikki-PranaavIndia's mixed doubles pair of Pranaav Jerry Chopra and N Sikki Reddy on 5 September 2016 won the 2016 Brazil Open Grand Prix. It was their maiden Grand Prix title. In the final clash, the top seeded Indian pair, ranked World no. 65, defeated Canadian combo of Toby Ng and Rachel Honderich 21-15, 21-16 in straight games at Costa Cavalcante. The 23-year-old Sikky won as many as five international challenger titles in 2015, which includes two mixed doubles and three women's
Sushil Kumar nominated for Padma Bhushan
Wrestling Federation of India (WFI) nominated the two-time Olympic-medallist wrestler Sushil Kumar for the Padma Bhushan, India's third-highest civillian honour.The Federation also recommended female wrestler Alka Tomar and Dronacharya awardee Yashvir Singh, Sushil's coach, for the honour. These three names were recommended for the honour in August 2016. Earlier,
Mariyappan Thangavelu wins India’s first Gold medal at Rio Paralympic Games
Mariyappan Thangavelu won India’s first gold medal at the Rio Paralympics. He won the gold in the Men’s High Jump T-42 event with a leap of 1.89 metres. With this, Thangavelu also became the first Indian high-jumper to win gold at the Paralympics. This was India’s overall third gold at the Games and the first after 12 years. In addition, Bronze in the event also went to India through Varun Singh
ENVIRONMENT-DAILY-NEWS-10-09-2016
Gymnothorax indicus, new species of eel found in Bay of Bengal
A group of researchers discovered a new species of eel, Gymnothorax indicus, from the northern Bay of Bengal along the West Bengal coast. It is likely to be called Indian unpatterned moray. The discovery was published in an international journal, Zootaxa, in the second week of August 2016. The eel was studied by the scientists at Sankarpur fishing harbour in West Bengal’s Purba Medinipur
Nine breeds of livestock and poultry registered with NBAGR
Indian Council of Agricultural Research-National Bureau of Animal Genetic Resources (ICAR-NBAGR) in the third week of August 2016 announced that it has registered 9 new breeds of indigenous farm animals.The Breed registration Committee had approved the registration of nine new breeds of livestock and poultry on 21 June 2016.
Humans have been causing global warming for almost two centuries: Study
A new study suggests that man-made global warming has been around for nearly two centuries.The study was published on 24 August 2016 in the journal Nature. The results of the study suggest that global warming began during the early stages of the Industrial Revolution. The warming was first detectable in the Arctic and tropical oceans around the 1830s.
US President Obama expands world's largest protected marine area off Hawaii
US President Barack Obama on 27 August 2016 expanded Papahanaumokuakea Marine National Monument off Hawaii, creating the world's largest marine reserve.
Marine National Monument
Water table rises in Ganga basin but so does salinity: Study
A group of researchers have concluded that the gravest threat to groundwater in India is not over-exploitation but arsenic and salt contamination. The study titled Groundwater quality and depletion in the Indo-Gangetic Basin mapped from in situ observations was published on 29 August 2016 in the journal Nature Geoscience. The study was concluded after analysing groundwater levels from 3429
CIL, ICFRE signs MoU to monitor Environment related issues in Coal Mining Projects
Coal India Limited (CIL) and Indian Council of Forestry Research and Education (ICFRE) on 1 September 2016 signed Memorandum of Understanding (MoU) for effectively monitoring of environment related issues in the coal mining projects. The arrangement would help CIL in proper compliance and monitoring of the conditions that are laid down by the MoEF&CC (Ministry of
IUCN lists Eastern Gorilla as Critically Endangered
The International Union for Conservation of Nature (IUCN) on 4 September 2016 listed the eastern gorilla, the largest living primate, as critically endangered in its latest red list of threatened species.The eastern gorilla was listed in the latest update of The IUCN Red List of Threatened Species that was released at the IUCN World Conservation Congress taking place in Hawaii. The
Newly discovered fish of genus Tosanoides named after Barack Obama
A newly discovered fish of the genus Tosanoides was in September 2016 named in honour of US president Barack Obama for his commitment to protect nature through the expansion of the Papahanaumokuakea Marine National Monument. The fish is found only within the Papahanaumokuakea Marine National Monument, a World Heritage site encompassing 1510000
FOREIGN TOUR-FOREIGN RELATION- INTERNATIONAL -NEWS-10-09-2016
India, South-east Asian countries to set up fund for health emergencies in region
India along with 10 other member countries of World Health Organisation’s (WHO’s) South-East Asian Regional Committee has decided to set up a dedicated fund aimed at building preparedness for health emergencies in the region. Decision in this regard was taken at the 69th session of WHO Regional Committee Meeting held at Colombo, capital of Sri Lanka. Key Facts The joint funding
Philippine government, communist rebels sign ceasefire deal
The Philippine government and Communist guerrillas (National Democratic Front (NDF)), on 26 August 2016 signed an indefinite ceasefire deal. The deal signed in Oslo, Norway will facilitate peace talks aimed at ending one of Asia's longest-running insurgencies. As per the Norwegian government, which is facilitating the talks, both sides agreed to implement unilateral ceasefires which are
India, Egypt sign agreement in area of Maritime Transport
India and Egypt on 2 September 2016 signed an agreement on Maritime Transport. The agreemnt would help the two nations to step-up co-operation on the seas not only in terms of maritime commerce but also in transit of naval vessels. The agreement was signed after delegation level talks between Prime Minister Narendra Modi and visiting President of Egypt Abdel Fattah El-Sisi in New
India, Greece sign Air Services Agreement under Open Sky Policy
India on 7 September 2016 signed the bilateral Air Services Agreement with Greece to allow unlimited points of call for domestic airlines in Greece.Both the countries have signed a Memorandum of Understanding (MoU) in this regard under the Open Sky Policy. It will be the first such ASA with Greece, a country known for its tourist spots and scenic beauty.
STATE -DAILY-NEWS-10-09-2016
India’s first LIGO laboratory to come up in Hingoli, Maharashtra
India’s first LIGO (Laser Interferometer Gravitational-Wave Observatory) laboratory will be set up in Aundh in Hingoli district of Maharashtra. It will be third such laboratory in the world and first outside the United States. The existing two laboratories are located in Hanford, Washington and in Livingston, Louisiana. Key Facts The site at Aundh in Hingoli district has been chosen for carrying
SUMMIT-DAILY-NEWS-10-09-2016
2016 ASEAN Summit held in Vientiane, Laos
The 28th and 29th Association of Southeast Asian Nations (ASEAN) Summit was held in Vientiane, Laos from 6th to 8th September 2016. Prime Minister of the Lao PDR H.E. Thongloun Sisoulith was Chairperson of the summit. The theme of the summit was “Turning Vision into Reality for a Dynamic ASEAN Community”. The summit was attended by the leaders of all 10-member nations of ASEAN
SURVEY AND REPORT-NEWS-10-09-2016
Forbes releases list of The World's Highest-Paid Actresses 2016
orbes on 23 August 2016 released the list of The World's Highest-Paid Actresses 2016. Jennifer Lawrence topped the Forbes magazine list for the second straight year with earnings of 46 million US dollars. Indian actress Deepika Padukone is the only newcomer to the World’s Highest-Paid Actresses list and the only Indian star to make the cut.
Forbes releases Sixth Annual List of The World's Most Innovative Companies 2016
Forbes on 24 August 2016 released the sixth annual list of The World's Most Innovative Companies 2016. The list ranked companies using an algorithm to measure investor enthusiasm.The list is topped by Tesla Motors for the second consecutive year. Moreover, five major Indian companies including Asian Paints, Hindustan Unilever, Tata Consultancy Services, Sun Pharma and Larsen & Toubro have
COMMITTEE-DAILY-NEWS-10-09-2016
Indian Coast Guard commissions offshore patrolling vessel Sarathi
The Indian Coast Guard (ICG) has commissioned well-equipped offshore patrolling (OPV) vessel named ‘Sarathi’. It was commissioned by Union Home Minister Rajnath Singh and Union Defence Minister Manohar Parrikar at Goa Shipyard Ltd (GSL) shipyard at Vasco in south Goa. Key Facts ICGS Sarathi is the third in the series of six OPVs built by GSL for Indian Coast Guard (ICG). It is designed and built indigenously by GSL. It is the largest i.e. 105-meter long and is most advanced
AGREEMENT-DAILY-NEWS-10-09-2016
Colombian government & rebel group FARC sign historic peace accord
Colombian government and the rebel group Revolutionary Armed Forces of Colombia (FARC) on 24 August 2016 signed a historic peace accord to end more than five decades of conflict. As per the terms of agreement, FARC will give up its armed struggle and join the legal political process. The agreement was signed by the head of the Colombian delegation, Humberto de la Calle, and the chief
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