Exam-Oriented-Current-Affairs-NATIONAL-INTERNATIONAL-ECONOMY-POLITICAL-SPORTS -Dated--22-09-2016--ENGLISH

22 Sep 2016

GOVERNMENT SCHEME-APPROVAL-DECISION -DAILY-NEWS-22-09-2016

Shri Arun Jaitley Inaugurates ‘Incredible India Tourism Investors Summit-2016’

Shri Arun Jaitley Inaugurates ‘Incredible India Tourism Investors Summit-2016’ . Shri Arun Jaitley, Minister for Finance and Corporate Affairs inaugurated the “Incredible India Tourism Investors Summit (IITIS)-2016” organized by Ministry of Tourism in the presence of Dr. Mahesh Sharma, Minister of State (I/C) for Tourism & Culture here today. Shri Ashok Gajapati Raju, Minister for

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PB Chairman inaugurates production workshop in Doordarshan Bhavan

Prasar Bharati Chairman A Surya Prakash inaugurated a production workshop in Doordarshan Bhavan in New Delhi on Wednesday.  The three day workshop is witnessing the participation of employees from the production, engineering and camera sections of DD News. The aim of the workshop is to acquaint employees with the challenges and new technology of TV news, so that the quality of news

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Government permits NHAI, PFC, others to raise Rs 31,300 crore via bonds

NEW DELHI: Centre today approved a proposal to raise around Rs 31,300 crore by NHAI, PFC, REC, IREDA, NABARD and Inland Water Authority through issuance of bonds this fiscal for augment infrastructure spending. "Union Cabinet under Chairmanship of Prime Minister Narendra Modi has given its approval for raising a total of Rs 31,300 crore in the financial year 2016-17 and to

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Telemetry Systems for Water Gauging

The Apex council meeting on Krishna river held in New Delhi has decided for setting up telemetry systems for water gauging on river Krishna to provide upto date data on flow of water in the river. The council under the Chairpersonship of Union Water Resources, River Development and Ganga Rejuvenation Uma Bharti also decided to constitute joint teams for river basin study of both the

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Government Notification on Japanese Encephalitis

With a view to addressing the issue of Japanese Encephalitis in some regions of the country, Ministry of Health & Family Welfare has issued a notification on Japanese Encephalitis. The Notification has been sent to the Heads of State Health Departments and other Health Functionaries of all the State Governments/UTs concerned. Japanese encephalitis virus (JEV) is a flavivirus related to dengue,

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National Supercomputing Mission

The Cabinet Committee on Economic Affairs in 2015 has approved the launch of the National Supercomputing Mission. This is a visionary program to enable India to leapfrog to the league of world class computing power nations.  The Mission would be implemented and steered jointly by the Department of Science and Technology (DST) and Department of Electronics and Information

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LEGAL-COURT BILL-ACT-DAILY-NEWS-22-09-2016

Bombay High Court Declines To Hear Plea Against Maratha Reservation

MUMBAI:  The Bombay High Court on Wednesday refused to hear a petition against the decision of the Maharashtra government to provide 16 per cent reservation to the Maratha community in jobs and educational institutions. "Not before me," said Justice VM Kanade sitting in a division bench with Justice Swapna Joshi when the PIL, filed by the activist Ketan Tirodkar, and an application filed by

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Supreme Court collegium likely to share files for judge selection

NEW DELHI: Chief justice of India TS Thakur's attempts to get justice Jasti Chelameswar to end his boycott of collegium proceedings having failed, the Supreme Court collegium may move to select judges for the top court by circulating names of candidates among the body's members. A high-level source said Thakur was considering this option to push through urgent appointments while addressing

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Can’t ban pellet guns, rules J&K High Court

The Jammu and Kashmir High Court Wednesday declined to ban pellet guns and observed that use of force by security agencies is “inevitable” while dealing with protesters who take to violence. The division bench of Chief Justice N Paul Vasanthakumar and Justice Ali Mohammad Magrey also declined the plea in a PIL to issue directions to prosecute officers involved in use of pellet guns. It

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SCIENCE AND TECHNOLOGY-HEALTH-DAILY-NEWS-22-09-2016

The ‘Ksheer Tester’ Launched

Union Minister of Science & Technology and Earth Sciences Dr. Harsh Vardhan on the occasion of the 64th Foundation Day Celebrations of Central Electronics Engineering Research Institute (CSIR-CEERI) in Pilani launched the ‘Ksheer Tester’. It is a newly developed handheld GPS-enabled version of the recently launched Ksheer Scanner technology to check adulteration in milk. The device,

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Networking Centre for Chemistry Opened

India’s first Networking Centre for Chemistry in academic circles was launched at the University of Hyderabad. Located in the School of Chemistry Annexe , the centre will network with other institutions, especially undergraduate and postgraduate colleges and universities in the region, and thereby contribute to improvements in chemical education and research. The Networking Centre,

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MIT develops a spectroscopic technique to detect Martian life

Scientists at Massachusetts Institute of Technology (MIT) US have developed a spectroscopic technique that would help the 2020 Mars Rover to non-invasively identify sediments that are relatively unaltered, and maintain much of their original composition.  Such pristine samples will allow scientists to identify the signs of former life, if they existed, on the red planet. The new technique is

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APPOINTMENT-DAILY-NEWS-15-09-2016

Justice G C Gupta sworn-in as Chief Justice of Calcutta High Court

Justice G C Gupta has sworn-in as Chief Justice of Calcutta High Court. He was administered oath by West Bengal governor Kesari Nath Tripathi as per Article 219 of Constitution. He will have a short tenure as Chief Justice of the High Court as he is due to retire in December 2016. Prior to this appointment he was judge at the Calcutta High Court. With this appointment for the first time sitting

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Ritu Rani retires from international hockey

Former Indian women’s hockey captain Ritu Rani has reitered from international hockey after being deeply hurt following her axing from the Rio Olympics-bound squad. Ritu, who was controversially dropped from the team for the Rio Olympics citing “attitude” issues, however was included in the 29 probables for the National camp which began in Bhopal on Sunday. But it seems the 24-year-old

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Alibaba Head Appointed Adviser at UNCTAD

Chairman of e-commerce giant Alibaba, Jack Ma, has been appointed adviser to the UN Conference on Trade and Development (UNCTAD). Ma, one of the richest men in China, will be UNCTAD’s Special Adviser on Youth Entrepreneurship and Small Business.  UNCTAD assists developing economies to promote small and medium enterprises, with special emphasis on young entrepreneurs,

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UN Appoints 17 Youth Leaders on SDGs

The United Nations appointed the 17 youth leaders who have been recognized for their leadership and contribution to the achievement of the 17 Global Goals, also known as Sustainable Development Goals (SDGs), to end poverty, fight inequality and injustice, and tackle climate change by 2030.  The flagship initiative of the Office of the Secretary-General’s ‘Envoy on Youth’ comes against a backdrop

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Jet Airways Appoints Jayaraj Shanmugam

Jet Airways has appointed Jayaraj Shanmugam as Chief Commercial Officer.53-year-old Shanmugam from Singapore, would be responsible for leading commercial teams to maximise revenue streams and use its market reach, people capabilities and brand appeal to accelerate the airline’s reputation for

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BCCI defies Lodha panel, MSK Prasad heads selection committee

In defiance of the Supreme Court-appointed Lodha committee recommendations, the BCCI on Wednesday named a five-member selection committee headed by former wicketkeeper-batsman MSK Prasad and comprising two members with no Test experience. Prasad, who was a part of the previous panel as the South Zone representative, replaced Sandeep Patil as Chairman of the selectors.  The 41-

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Monika Kapil Mohta appointed as India's Ambassador to Sweden

She is presently the Additional Secretary in the Ministry of External Affairs and looks after India's relations with a large part of the Asia-Pacific region. Mohta is an 1985 batch Indian Foreign Services officer. Previously, she has served as the ambassador of India to Poland and Lithuania. 

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BANKING-DAILY-NEWS-22-09-2016

Kotak Mahindra launches app to open accounts an application ‘Kotak Now’

Private lender Kotak Mahindra Bank (KMB) has launched an application ‘Kotak Now’ that would allow new customers to open an account in a more simpler and cost-effective manner. This is for the first time that a domestic lender has come up with such facility where a customer can open a bank account using its application. “This is an end-to-end application wherein a customer will be able to

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Chinese bank raises $7.4 bn in largest IPO since 2014

State-owned Postal Savings Bank of China (PSBC) raised $7.4 billion in the world’s biggest initial public offering in two years, but the deal priced at the lower end of expectations and was heavily reliant on cornerstone investors. Seeking to bolster its balance sheet and fund lending, the bank initially sought as much as $8.1 billion in the Hong Kong listing, counting on its network of more

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ECONOMICAL-DAILY-NEWS-22-09-2016

Sebi may allow FPIs to directly trade in capital markets

NEW DELHI: With an aim to make it easier for overseas investors, regulator Sebi is considering allowing some categories of Foreign Portfolio Investors (FPIs) to directly trade in Indian markets, starting with debt segment. Besides, the markets regulator plans asking companies to seek minority shareholders' approval before granting special powers relating to operations of the firms to non-

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Mineral Production during July 2016 (Provisional)

The index of mineral production of mining and quarrying sector for the month of July (new Series 2004-05=100) 2016 at 118.7, was 0.8% higher as compared to July 2015. The cumulative growth for the period April- July 2016-17 over the corresponding period of previous year stands at (+) 2.0%. The total value of mineral production (excluding atomic & minor minerals) in the country during July

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Government projects marine exports to rise 20% to $5.6 billion in FY17

NEW DELHI: Marine exports from India are set to rise 20% in 2016-17 to $5.6 billion, the government said Wednesday. "...the industry will reverse the decline from last fiscal when total seafood exports stood at 945,892 MT worth $ 4.7 billion," department of commerce said in a release. The US and South East Asia are the major importers of Indian seafood and frozen shrimp continued

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Sebi asks NSE to take stock of possible wrongdoing

NEW DELHI: The market regulator has asked the National Stock Exchange to investigate the possible collusion of its officials with brokers that may have led to breaches of fair access norms by providing unfairly preferential treatment to some. That could make things difficult for India's biggest stock exchange as it prepares for a much-anticipated initial public offering. The Securities and Exchange

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Report on Corporate Bond Market Submitted

The ‘Report of the Working Group on Development of Corporate Bond Market in India’ has been submitted to RBI Governor Raghuram Rajan. The Group was constituted in September 2015 under chairmanship of the then RBI Deputy Governor H R Khan and has now submitted its report after taking into account various structural issues impinging on the development of a deep corporate bond

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India seeks $8-9 bn loan from US for nuclear reactors, snags remain: Sources

India is negotiating with US Export-Import Bank for an $8-9 billion loan to finance six Westinghouse Electric nuclear reactors, two sources familiar with the talks said, although a lending freeze at the trade agency threatens progress. The mega-project, the result of warming US-India ties in recent years, could open up billions of dollars of further investment in India's nuclear power sector, which

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AWARD AND HONOUR -DAILY-NEWS-22-09-2016

China sets up awards in honor of poverty alleviation efforts

BEIJING - China will officially recognize those who excel in poverty alleviation work, an official from the State Council Leading Group Office of Poverty Alleviation and Development announced Wednesday. "The poverty alleviation prizes are comprised of awards for endeavor, contribution, dedication and innovation. Each award will be held by no more than 10 people at any time," said

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Int’l award for Anandwan’s solar energy use

Nagpur: The renewable energy initiatives made by Maharogi Sewa Samiti (MSS), Warora, were recognized with an 'Innovative Energy Project of the Year 2016' award for Asia Subcontinent Region. The award was presented to Dr Vikas Amte, secretary and chief functionary of MSS, and Trustee Gautam Karajgi, at Association of Energy Engineers's (AEE) 39th World Energy Engineering

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Two lucky scientists become the first winners of 'China's Nobel Prize'

For the past century, China hasn't had much luck racking up Nobel laureates, but a group of domestic scientists and entrepreneurs are hoping to change all that and spur on homegrown innovation by finally handing out China's own "Nobel Prizes." On Monday, a nine-member panel announced the first two winners of the Future Science Prize, China's first-ever non-governmental science awards, which

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Sajid Nadiadwala conferred "Knight of the Order of Arts and Letters"

H.E. Mr Alexandre Ziegler, Ambassador of France to India, conferred the French Government honour “Chevalier dans l’Ordre des Arts et des Lettres” (Knight of the Order of Arts and Letters) on popular Indian film producer and director Sajid Nadiadwala. This award comes in recognition of his contribution to boosting Indo-French partnership in cinema. The event took place on tuesday, 20th

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Myanmar leader Aung San Suu Kyi was on 15 September 2016 honoured as the 2016 Humanitarian of the Year by Harvard Foundation

Nobel laureate and Myanmar leader Aung San Suu Kyi was on 15 September 2016 honoured as the 2016 Humanitarian of the Year by the students and faculty at the Harvard Foundation. She gained international prominence as the General Secretary of the National League for Democracy in Myanmar in 1990.

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SPORT-DAILY-NEWS-22-09-2016

Harjeet Made Junior Hockey Captain

Harjeet Singh will lead the Indian junior mens hockey team at the Australian Hockey League (AHL) which starts in Perth on September 29. Dipsan Tirkey will be the vice-captain of the team. This will be the first time teams from India, Malaysia and New Zealand will feature in the Australian Hockey League. There will be 12 teams in the tournament including defending champions Queensland,

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NITI Aayog makes a pitch to win 50 Olympic medals

With only one silver and one bronze at the Rio Summer Olympics this year, India’s performance was rather dismal at the biggest sporting event in the world. But, the NITI Aayog thinks the country could take the tally to 50. Russia came in fourth with 56 medals at Rio. It was well behind China (70) and Great Britain (67). India’s rank was 67 — with even North Korea above it, with a tally of seven. Now,

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MS Dhoni named captain of India's all time Test XI by Wisden

Mahendra Singh Dhoni in the third week of September 2016 was named the captain of the all-time India Test XI chosen by cricket magazine Wisden. Dhoni has received the honours ahead of Sourav Ganguly and Mohammad Azharuddin. The openers in the team are Sunil Gavaskar and Virender Sehwag, followed by Rahul Dravid, Sachin Tendulkar, VVS Laxman, all-rounder Kapil Dev and

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ENVIRONMENT-DAILY-NEWS-22-09-2016

31 more countries ratify Paris Agreement on climate change

NEW DELHI: The Paris Agreement on climate change moved closer to enter into force this year as 31 more countries on Wednesday joined it at a special event hosted by the United Nations Secretary-General Ban Ki-moon in New York. The number of the countries, which joined the Paris Agreement, has now reached 60 - five more than the threshold of 55 nations required for bringing the Agreement

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Bangladesh zoo throws wedding for lions with meat cake

CHITTAGONG, BANGLADESH: Bangladesh zoo keepers have thrown two lions a wedding party that included a heart-shaped meat cake in the hope of drawing much-needed visitors and encouraging the animals to mate. Some 400 guests attended the reception laden with balloons on Wednesday for long-time resident and lioness Nova and newcomer Nabha at the Chittagong zoo in the country's

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Aravalis Region Expanded to Entire NCR

A government panel has approved that all non-cultivable hill land, rocky and sandy areas in the ecologically sensitive Aravalis in the entire National Capital Region (NCR) will be treated as part of the mountain range. This will also include all land notified under the Punjab Land Preservation Act (PLPA).  In a meeting, chaired by Union urban development secretary Rajiv Gauba and attended by

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FOREIGN TOUR-FOREIGN RELATION- INTERNATIONAL -NEWS-22-09-2016

Balochi people protest outside UN Headquarters

Protests by Baloch National Movement activists against atrocities committed by the Pakistani army in Balochistan and Singh regions continue in New York. Spokesperson of the Baloch National Movement Imtiaz baloch said over 20,000 people including doctors and engineers are missing in Balochistan.  He also said that Pakistan is a terrorist nation and strict action should be taken against it. He also

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STATE -DAILY-NEWS-15-09-2016

Karnataka Decides To Turn Off Cauvery Tap For Now: 10 Updates

BENGALURU:  After a late night cabinet meeting, Karnataka Chief Minister Siddaramaiah said it has been decided to defer the release of more Cauvery water to Tamil Nadu. The decision came on the heels of an all-party meeting, where the leaders said the Supreme Court's order to release of 6,000 cusecs of water a day for a week, starting today, was "unimplementable".

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Najeeb Jung cancels DERC chief's appointment by AAP government

NEW DELHI: Touching off another confrontation with the AAP government, LG Najeeb Jung set aside the appointment of Delhi Electricity Regulatory Commission (DERC) chairman Krishna Saini on Wednesday , saying it was done without consulting the LG and was thus legally infirm. This is the first action by Jung in the ongoing review of AAP government decisions in the past one and a half

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MP Creates 100cr Venture Fund

Madhya Pradesh government has created a Rs 100 crore venture fund for budding entrepreneurs with innovative ideas for setting up industries. Madhya Pradesh government will announce its Startup Policy on October 1. Chief Minister Shivraj Singh Chouhan said that, “We have created a venture capital fund of Rs 100 crore. If somebody with an innovative idea wants to set up an industry, we will

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Jharkhand Signs 8 MoUs

Jharkhand government has signed eight MoUs with different companies in a business meet at Mumbai. The state has signed an Memorandum of Understanding (MoU) with Orient Craft Limited in the textile sector worth Rs 1,500 crore for construction of two parks across a 140-acre land. In the education sector, it has signed an MoU worth Rs 350 crore with MNR Education Trust Integrated

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Chennai Metro Project Inaugurated

The Union Minister of Urban Development M. Venkaiah Naidu inaugurated the Stage 1A of Chennai Metro Phase-1, from Little Mount to Airport in Chennai. The Stage 1A of Phase I project from Little Mount to Airport runs a total length of 8.613 kms and comprises of 6 stations namely Little Mount, Guindy, Alandur, Nanganallur Road Station, Meenambakkam and Airport Metro Station. With the

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Delhi Cabinet approves state-level bravery awards, extends ex gratia coverage

The Delhi Cabinet on Wednesday announced state-level bravery awards would be given on Republic Day and Independence Day from next year onwards. It also decided that Delhi Fire Services, Delhi Police, and other uniformed personnel will be covered by the Rs 1 crore ex gratia amount for death on duty. On the bravery awards, an official said, “Ten awards, each carrying a cash award of Rs 2 lakh,

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SUMMIT-DAILY-NEWS-22-09-2016

New York to host ‘Dessert Goals’ festival in Oct

New York will host its first ever dessert festival ‘Dessert Goals’, a festival dedicated to all things dessert, on October 23. There will be a photo garden featuring candy-inspired props and a candy wall, as well as sweet-themed demonstrations. Tickets to the dessert festival, which will also feature workshops and tastings, start at $10. Dessert Goals fest will be taking over Williamsburg’s Dobbin

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SURVEY AND REPORT-NEWS-22-09-2016

31 Indian institutes in Times World University Rankings, IISc Bangalore highest ranked

MUMBAI: In a boost to the government's drive to make the country's higher education institutions world class, a record 31 Indian institutes have found a place in the Times Higher Education World University Rankings 2016-17. Indian Institute of Science (IISc) Bangalore has climbed to the highest position till date for an Indian institute, even as a place in the top 200 list continues to elude the

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Moody's rating upgrade comment irks government

The government has expressed its concern on Moody’s saying a rating upgrade would be possible in a couple of years even before the agency met finance ministry officials. Moody’s representatives met senior Finance Ministry officials, including Economic Affairs Secretary Shaktikanta Das, on Wednesday as part of their annual visit to India. At the beginning of the meeting itself, Das is said to

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Delhi has the worst working conditions for women: Study

The northeastern state of Sikkim has the best working conditions for women, whereas the national capital has the worst, according to a report by the Centre for Strategic and International Studies (CSIS), a top American think tank, and Nathan Associates. Sikkim tops the list with a score of 29.5, while Delhi received just 8.5.  The states were ranked according to four main factors: Legal

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Economic Freedom of the World 2016 Report released: India stands at 112th spot on WEF Index

India's Centre for Civil Society in collaboration with Canada's Fraser Institute on 15 September 2016 released the Economic Freedom of the World 2016 Annual Report. The report is based on data from 2014 and measures the World Economic Freedom (WEF) Index by analysing the policies and institutions of 159 countries and territories. Hong Kong topped the index followed by Singapore and

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PASSES AWAY-DAILY-NEWS-22-09-2016

Punjab RSS leader Jagdish Gagneja passes away after 47 days of injury

Brigadier (retd) JAGDISH Gagneja, Vice-President of RSS Punjab unit, died on Thursday morning at Hero Heart Institute of Ludhiana. He was admitted in Hero DMC institute since August 7 after being shot at by unidentified motor cycle born miscreants on August 6 in Jalandhar’s market. The 70-year-old leader’s cremation is scheduled take place at Ram Bagh, Jalandhar at 4 pm on Thursday.

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MISCELLANEOUS-DAILY-NEWS-22-09-2016

International Kullu Dussehra Festival

The week-long International Kullu Dussehra festival would commence on October 11. Annual congregation of over 200 local deities of the Kullu Valley, who converge at Dhalpur Maidan to pay obeisance to Raghunathji, presiding deity of the valley, would be witnessed during the festival. The festival would also witness the ‘Trans Himalayan Culture Festival’ for which efforts were afoot to

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COMMITTEE-DAILY-NEWS-22-09-2016

Coal Ministry Forms Committee

The Ministry of Coal formed a five-member committee to chalk out a policy on the disposal of washery rejects. The panel will be headed by Chairman and Managing Director of Central Mine Planning and Design Institute Limited (CMPDI) and the other four members are two directors (Technical and Marketing) of Coal India Ltd (CIL), director of Coal Controller and director

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Panel Setup on Issues of EXIM Bank

Government has appointed a 10-member panel to look into various issues, including higher capital infusion in Exim Bank. Panel will be headed by the finance secretary to look into various issues of Exim Bank. It also includes economic affairs secretary, commerce secretary, financial services secretary and disinvestment secretary. The panel will examine the need for capital infusion by the

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AGREEMENT-DAILY-NEWS-22-09-2016

IWAI signs contract with DST, Germany for designing special vessels for NW-1

The Inland Waterways Authority of India (IWAI) has signed a contract with German company DST to design vessels suited to navigate the 1620 km stretch of National Waterway (NW-1). Under the contract, DST will has been initially tasked to develop low draft vessels for transportation of cars that can carry upto 150-200 vehicles. Key Facts The contract has been awarded to DST in par with the

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Pakistan Signs Convention on Tax Cooperation

Pakistan has signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters (MAC). Pakistan has become the 104th nation to join the convention.  MAC was developed jointly by the OECD and the Council of Europe in 1988 and amended in 2010 to respond to the call by the G20 to align it to the international standard on exchange of information and to open it to all countries, thus

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Maharashtra govt ties up with Oracle for smart city initiative

The Maharashtra government has partnered with Oracle Corp for the state’s smart city initiative. A memorandum of understanding was signed between the two parties on late Tuesday night. Under the partnership, a Centre of Excellence (CoE) will be set up in Mumbai, which will serve as a research base to lead the digital transformation for the government’s services. The CoE will help accelerate the

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