Current Affairs Today – May 18 2017 | Latest News and Updates

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Current Affairs Today – May 18 2017 | Latest News and Updates

 

INDIAN AFFAIRS

 

India ageing gradually, every 5th person to be 60+ by 2050 – CRISIL, PFRDA

India ageing gradually, every 5th person to be 60+ by 2050 – CRISIL, PFRDA

  1. According to report of economic India will transform exceptionally young to a GROWING country and till 2050 as against every 12th at present , every 5th Indian will be in 60s.
  2. PFRDA Chairman Hemant G Contractor said in a report, “Demographically, India will transition slowly from a ‘young’ to a ‘greying’ country, where persons above the age of 60 would increase from 8.9 per cent of the population now to 19.4 per cent by 2050.”
  3. According to the survey most of the 90 percent of the total Indias population is below the age of 60 and the survey report of 2015 the working age of citizen in india approx. is 45 percent.
  4. Bank have says thatthe most of investors used to prefer investing is in bank of fixed deposits (FDs), which are the account for more than 44 per cent of the financial savings in the market.
  5. Putting the case study of government’s flagship Atal Pension Yojna, in the report it is said that most of the 47 lakh candidate, almost 49 per cent have applied for Rs 1,000 pension, and about 37 per cent  for Rs 5,000, the top bracket.

 

KEYS:

  1. PFRDA- Pension Fund Regulatory and Development Authority

 

 

PM Modi launches Narmada Seva Mission in Madhya Pradesh

 modi

  1. On Monday the Narmada Seva Mission was launched by the Prime Minister Narendra Modi with this he was attending the concluding programme of the Narmada Deva Yatra. Before this Dave had founded that ‘Narmada Samagra’ which was aimed at protecting the river, before he became the environment minister.
  2. In Amarkantak, Madhya Pradesh Launching the Narmada Seva Mission, Modi, appeared with his one of the In his speech there was the glory about the Hindu chants at the Narmada temple was concluded. During his speech he explained and told about the place of the Narmada in Hindu shastras, and he was referring  it as Ma.
  3. Prime Minister Narendra Modi said, “It is a perfect document of future vision, it should be sent to all other states,”
  4. Politicians and environmentalists calculate the job of the cleaning the narmada and the green effect of the river due to the cleaning and the garbage which is stored from thr long year ago. By the toxic waste and sewage, thetotal cost of $3 billion plan to clean the Ganga – India’s showcase river conservation project — is set to miss its 2018 deadline.
  5. In a 2016 study in that there was the sample of the water was taken at the four end of the river and get analysed- dry and wet in 2014-15- in that it is found that the water was not conducive to sustain aquatic life or to be used for domestic purposes.

 

KEYS:

  1. Prime Minister of India- Narendra Modi
  2. Narmada River – Amarkantak (source)

 

 

West Bengal civic polls result 2017: Early trends show Mamata’s TMC likely to be the big winner

 

  1. The seven political bodies in that three in the plains and four in the hills  they have voted on sunday but in that the during the time of election voting the some apposition get affected and get started the misbehave there and some of them started show appose to  the Bengal election chief.

2.   The Opposition of the party have claimed that  in this violence the workers of      Trinamool Congress (TMC) may be involved in booth capturing on the day of voting.

  1. when the BJP is campaigning aggressively in the state to make inroads ahead of the General Elections in 2019 Then the victory for Mamata Banerjee’s party comes at a time.
  2. the fight is billed as one between Bengal and Gorkhaland, and between In the hills of Darjeeling, Kurseong, Kalimpong and Mirik, a reference to a 100-year-old have demanded for a separate state for the mountain districts.
  3. The seven municipalities which went for the voting on the polls  are Kurseong, Darjeeling and Mirik in Darjeeling district; Kalimpong in the newly announced Kalimpong district; Pujali in South 24 Parganas district; Raiganj in North Dinajpur district; and Domkal municipality in Murshidabad district.

 

KEYS:

  1. Capital of West Bengal- Kolkata
  2. TMC- Trinamool Congress

 

 

Pragati Maidan set for facelift, will be revamped into world-class convention centre by 2019

  1. The India Trade Promotion Organisation (ITPO) has decided to make the Pragati maidan and redevelop it to the complex into a world-class state-of-the-art exhibition cum-convention centre till August 2019.
  2. ITPO CMD LC Goyal said, “Detailed planning and clearance from all departments concerned are expected to be completed by the first week of June, and if all goes well, we will start constructions from the first week of July.”
  3. As per the planning of , ITPO, in association with NBCC, wants to construct 17 halls in the first phase and seven in the second phase, beside this  from adequate parking lots, good connectivity with roads surrounding the complex the estimated cost of this construction have decided  of Rs 2,254 crore.
  4. Goyal said, “The Pragati Maidan complex will be developed as a latest architectural design, along with basement parking facility of 4,800 vehicles and comprehensive traffic decongestion interventions. The convectional centre will be 32.4 metres tall.”

 

 

KEYS:

  1. ITPO- India Trade Promotion Organisation
  2. NBCC- National Buildings Construction Corporation

 

 

 

 

 

INTERNATIONAL AFFAIRS

 

 

India Ranked 2nd in EY Renewable Energy Attractiveness Index

 India Ranked 2nd in EY Renewable Energy Attractiveness Index

  1. According to a statement, India will forward through its upward trend in the ranking of the second position with the government’s programme to generate the 175 GW in renewable energy generation till 2022 and to have renewable energy account for 40 per cent of installed capacity by 2040.
  2. By the report the china have recorded his name in the index of the governmental plan in the first place and the India have recorded his name in the third place in the 2015 by replacing the America in first time in the history.
  3. Economically the energy which is going to use in the form of the source of the every mankind of the public issue and the use for the construction of the world heritage. Kazakhstan (37), Panama (38) and the Dominican Republic (39) have all entered the index for the first time, it added. PTI KKS BAL
  4. The country has added more than 10GW of solar capacity in the last three years, starting from a low base of 2.6 GW in 2014,

 

KEYS:

  1. 1st Rank – China
  2. 2nd Rank- India

 

 

India’s refusal to join China’s Belt and Road initiative regrettable

 

1.     In the day of the India and the china have boycotted the economical rule of the severity have crossed the USD 50 billion CPEC, which passes through Pakistan-occupied Kashmir.

  1. Global Times reported today, “While India recently issued an official statement saying it would not be part of the “One Belt and One Road” (B&R) initiative, it will not affect the trend towards cooperation in infrastructure development among its neighboring countries at all.”
  2. The Report said, “China has formally invited India to join the Belt and Road. If India doesn’t want to take a part on the stage, then it should just be a good member of the audience. The role is still available if India changes its mind, but it may only be a small role if it is left too late.”
  3. On Saturday, Pakistan and China inked new deals worth nearly USD 500 million, covering airport, port and highway construction.

 

KEYS:

  1. OBR- One Belt and One Road

 

 

India’s ‘Ujala’ to light up homes in United Kingdom

 India’s ‘Ujala’ to light up homes in United Kingdom

  1. After a century the thermal power of the Britain has to import the equipment for the thermal energy project of the India. This was the first at the Husain nagar at andhra Pradesh on saturday   India launched the process to export ‘Ujala’ — Hindi for light — to the United Kingdomwith affordable ‘Made in India’ LED bulbs.
  2. mines minister Piyush Goyal said, “PM Narendra Modi‘s idea that India need not follow the world and must take the leadership in reducing global carbon intensity through efficient and sustainable energy use has brought us here.”

 

  1. Ujala is one of the big and huge project by the India that is run by Energy Efficiency Services Ltd, an energy services company promoted by Indian state-run power majors.
  2. The prramm of the Ujala of the india has already decided for the world’s LED capital, accounting for 10-12% of the global market 4 billion bulbs.

 

KEYS:

  1. Indian Mines minister- Piyush Goyal

 

 

Consternation on Capitol Hill over White House bombshells

 

  1. Armed Services Committee Chairman John McCain said, “A point where it’s of Watergate size and scale.”

 

  1. “I think we’ve seen this movie before,” the Arizona Republican said at a dinner to receive the International Republican Institute’s Freedom Award. “The shoes continue to drop, and every couple days there’s a new aspect.”

 

  1. McCain said Trump needs to “get it all out … and the longer you delay, the longer it’s going to last.”

 

  1. Senate Majority Leader Mitch McConnell responded tersely “no” when pressed on whether he had concerns about the president’s ability to handle classified information, or whether he was losing confidence in Trump.
  2. Lindsey Graham, R-S.C said, “Let’s get to the bottom of what happened with the director. And the best way to get to the bottom of it is for him to testify … I’m not going to take a memo, I want the guy to come in.,”

 

KEYS:

  1. Donald Trump- President of America

 

 

 

 

 

BANKING & FINANCE

 

 

HDFC Life inks distribution tie-up with Catholic Syrian Bank

 HDFC Life inks distribution tie-up with Catholic Syrian Bank

  1. HDFC Life will offer its leading range of individual life insurance With this partnership, in this the health and pension products and the  some Catholic Syrian Bank’s 1.5 million customer base have come up with the  all its branches over a period of time.
  2. HDFC Life Managing Director and CEO Amitabh Chaudhry said, “We are proud to announce our partnership with Catholic Syrian Bank, our first bank partnership in Kerala. In keeping with our endeavour to increase our reach and access customers across geographies, this partnership would enable us to offer our products to over 1.5 million customers of Catholic Syrian Bank across Kerala and other states.”

 

  1. HDFC Life told today thet he will do the most of his assurance tie-up with Catholic Syrian Bank to distribute its individual life insurance products and the private lender’s customers.

 

 

KEYS:

  1. MD and CEO of HDFC bank- Amitabh Chaudhry

 

 

LIC’s profit from markets soars 72% to Rs 19,000 cr in FY17

 

  1. For the reason of the continuing of the rally in the market the  LIC booking hav got the lost of  72 per cent more profit at Rs 19,000 crore from its equally play in FY17, but the its incremental pay of its incremental investment into equities has been steadily falling
  2. Chairman V K Sharma said, “Our stated objective is to secure the money of the policyholder and also his life and not just make profits. We do invest a portion of our investible corpus in the market and most of which is in the sovereign debt.”

 

  1. In FY16, total investment of Life Insurance Corporation (LIC), was on the grown of at around Rs 23 trillion, it has scored Rs 11,000 crore profit from the markets. Recent Sensex rally has helped it book 19 percent more profit in the March quarter alone. During the April-December period of 2016, it had netted Rs 16,000 crore in profit.
  2. In FY17, LIC found that its first year of premium have gone up to 27.22 per cent to Rs 1, 24,396.27 crore on a surge in single-premium policy sale and falling interest rates. In FY16 this stood at Rs 97,777.47 crore. This had the insurance giant increasing its market share to 71.07 per cent from 70.61 per cent.
  3. Chairman V K Sharma said ,”We had between 80 and 100 products till the regulator Irdai cancelled them. Now we have 26-27 products with just one Ulip. We hope to get back to the pre-ban levels over the next few years.”

 

 

KEYS:

  1. Chairman of LIC- V K Sharma

 

 

Only 17% of total 85000 H1-B visas go to Indian companies per year

 

  1. Most of the US company have earn on the basis of the most of Indian company which is in the growth of the firm. Information Technology Secretary Aruna Sundararajan said today adding that only 17 per cent of the total 85,000 visas issued every year because the Indian companies goes to the US company.
  2. Ms Sundararajan at the inaugural session of Broadband India Forum in the national capital said, “I’m sure that as and when the US government does the meeting for review of the H1-B visa regime, they will take into account what has been the value added by the Indian companies – the fact that only 17 per cent of the total 85,000 visas go to Indian companies, and that a very large number of US companies actually ride on the back of the services provided by the Indian companies.”
  3. The IT secretary also said, “It is true that new technologies are emerging. Digital payments, cyber security, big data, Cloud — all these are growing. Start-ups are growing. So, some people may move on from one sector or one vertical to another.”
  4. Ms Sundararajan said that people are moving from one vertical to another with new technologies emerging.

 

KEYS:

  1. Total visas issues per year from India- 85,000

 

 

 

Centre to pay out Rs 1 lakh crore via direct benefit transfer scheme in 2017-18

 

 

  1. when the government is celebrating its third anniversary then the central government is planning to invest the Rs 1 lakh crore through direct benefit transfer (DBT) in the current financial year, even as total pay-outs under the scheme since its launch is set to touch Rs 2 lakh crore this month-end.
  2. The Version of this DBT is 2.0, senior government officials, said about the programme to transfer subsidies directly to the beneficiary’s bank account who spoke to ET on the condition of anonymity.
  3. An updated figure on the savings may feature in the government’s third anniversary booklets. Bringing in PDS and kerosene subsidy under it is expected help further swell the government’s subsidy savings that totalled Rs 49,560 crore as of January 31, 2017.
  4. The cumulative DBT pay-out, as on date, stands at about Rs 1.94 lakh crore. While Rs 7,367 crore was transferred under DBT to 10.71 crore beneficiaries in 2013-14 in the UPA tenure, Rs 74,502 crore was transferred to 33.33 crore beneficiaries in 2016-17.
    Though started as a pilot by the UPA government in 2013, the DBT mission has essentially come into its own under the Modi government.

 

 

KEYS:

  1. Full form of the DBT- Direct Benefit Transfer

 

 

AWARDS & RECOGNITIONS

 

 

IIT-Hyderabad professor Aravind Kumar Rengan bags INSA Young Scientist award

 IIT-Hyderabad professor Aravind Kumar Rengan bags INSA Young Scientist award

 

  1. Department of Biomedical Engineering at Indian Institute of Technology – Hyderabad (IIT-H) the Assistant Professor Mr. Aravind Kumar Rengan has been awarded the prestigious Indian National Science Academy (INSA) medal for the Young Scientist category for 2017.
  2. From the 1974, Award to distinguished young scientists who make notable research contributions in science and technology the INSA has been annually presenting the Young Scientist.
  3. The INSA Young Scientist Medal award included a bronze medal and a cash prize of ₹ 25,000.
  4. The research, was about to which he was able to engineer a biodegradable nano-system for photo thermal therapy of cancer and proved its in-vivo biodegradability, has got immense translational potential and can be used to treat cancer in an affordable way with minimal side effects.
  5. During the Anniversary General Meeting in December The award will be presented to Professor Aravind by the INSA President

 

KEYS:

  1. Full form of INSA- Indian National Science Academy

 

 

First Oscar ceremony took place on this day: Interesting facts on the Academy awards

  1. The first Oscar award ceremony was organized on the Thursday May 16, 1929 everyone was nervous  nervous to eat their broiled chicken on toast as they sat waiting for the first Academy Awards because the very less number of the nominee were selected for the award.
  2. The 20 films that were given an honorary scroll of commendation and the first 12 winners  had already been revealed in the Los Angeles Times three months earlier.
  3. A fair few more than the 270 guests who paid $5 a piece for their tickets to the black-tie event in 1929 there were 3,300 guests in the Dolby Theatre in Los Angeles in February to watch the 2016 event. Those Jazz Age revellers were treated to some fillet of Sole Sauté au Beurre along with their chicken.
  4. Fairbanks and Academy vice president William C deMille (elder brother of Cecil B deMille) handed out the 30cm-high, 24 carat gold-plated britannium trophies (they are gold-plated bronze now), which were still five years away from getting their Oscar nickname.
  5. The ceremony lasted only 15 minutes and honoured films released from August 1, 1927, until July 31, 1928.

 

KEYS:

  1. First Oscar Ceremony- 16 May 1929
  2. Place- The Hollywood Roosevelt Hotel, Los Angeles, California, United States

 

Science And Technology

 

 

Micromax CMO Shubhajit Sen quits, Shubhodip Pal to take his place

 Micromax CMO Shubhajit Sen quits, Shubhodip Pal to take his place

  1. Shubhajit Sen, ex-CMO, Micromax Informatics said,“It has been a great journey at Micromax over the past two years; one which I have thoroughly enjoyed being a part of. As I leave Micromax, I feel satisfied that there is an excellent marketing team in place, deep relationships with strategic partners and a compelling future roadmap for the business. These present multiple opportunities for growth for Micromax going forward and I wish the leadership team all the very best for an exciting future.”
  2. Rahul Sharma, Co-Founder, Micromax Informatics said, “Shubhodip has been instrumental in brand development for Micromax at various stages – be it his previous role as the CMO for the company or his most recent role as the COO for YU. As Micromax takes a new growth trajectory in 2017, focusing on becoming an evolved player across categories, Shubhodip with his added responsibilities will play a vital role in growing the brand.”
  3. Just last week, Sen had told to the media about Micormax’s latest mid-segment phone, the Canvas 2 till 2017.
  4. He had also worked as the CMO at Micromax from October 2012 to January 2015.

 

KEYS:

  1. Founded ON – 29 March 2000, Delhi
  2. FounderS OF MICROMAX- Rahul Sharma, Sumeet Arora, Vikas Jain, Rajesh Agarwal

 

 

 

 

SPORTS

 

Novak Djokovic overcomes tough 1st set against Aljaz Bedene

 

Novak Djokovic overcomes tough 1st set against Aljaz Bedene
Rome : Serbia’s Novak Djokovic serves a ball to Britain’s Aljaz Bedene during their second round match at the Italian Open tennis tournament, in Rome, Italy, Tuesday, May 16, 2017.AP/PTI(AP5_16_2017_000226B)
  1. David Goffin rallied past Fernando Verdasco 3-6, 6-3, 6-2; Tomas Berdych notched his 600th career win by defeating the qualifier Carlos Berlocq 6-3, 6-4; Jack Sock defeated Diego Schwartzman 6-4, 1-6, 7-5; and Alexander Zverev outlasted Kevin Anderson 6-4, 4-6, 6-4.
  2. In women’s action, last year’s finalist, Madison Keys, was defeated by Australian qualifier Daria Gavrilova 2-6, 7-5, 7-5.
  3. Keys said , “I’ve had a bit of a rough patch. It’s definitely tough defending points while still not feeling super match-ready or kind of fully back in the swing of things.”
  4. Fifth-seeded Johanna Konta beaten Yulia Putintseva 6-3, 6-0; Ekaterina Makarova eliminated Roberta Vinci 6-2, 6-1; and qualifier Catherine Bellis beat Misako Doi 6-4, 7-6 (6).
  5. Keys are still practicing for the regain her form after left wrist surgery in the offseason. She also had first opening-round losses in her previous two tournaments in Charleston and Madrid.

 

 

KEYS:

  1. First played Between-1859 and 1865,
  2. PLACE- Birmingham, England

 

 

 

Ramit Tandon wins maiden PSA title

 

  1. US-based Indian smash playerRamit Tandonhas win over compatriot Kush Kumar in the SYS Open won his maiden professional title with a convincing.
  2. Tandon, who had come into this event as a qualifier beat third seed Kumar 11-3, 11 -2, 11-3 in the final The one-time top Indian junior. This was Tandon’s third presentation in a Professional Squash Association final.
  3. This was his second tournament in the year, the earlier being a brief appearance in the qualifying phase in the Tournament of Champions.

 

 

KEYS:

  1. Coach of Ramit- Cyrus Poncha

 

 

 

 

OBITUARY

 

IAS officer found dead outside VIP guest house in Lucknow

 IAS officer found dead outside VIP guest house in Lucknow

  1. Outside Meera Bai VIP guest house in Hazratganj area of Lucknow Anurag Tiwari  a 35-year-old IAS officer from Karnataka  was found dead on Wednesday morning. Police says Tiwari’s death was not natural but was waiting for postmortem examination to take place.
  2. He was going Uttar Pradesh for some personal work. He was stoped at the guest house in room number 19. Tiwari’s batchmate PN Singh and LDA vice chairman had booked the room in his name and was with him last night. Both the officers were selected for the services in 2007.
  3. Some blood was spreded on the road. Police  informed and DIG range JN Singh and SSP Deepak Kumar arrived at the spot. Tiwari was taken to Civil Hospital but was declared dead upon arrival.

 

 

KEYS:

  1. Anurag- IAS officer

 

 

 

 

 

 

IMPORTANT DAYS

 

 

World Information Society Day

 World Information Society Day

  1. This  day was previously  known as World Telecommunication Day on the basis of  the founding of the International Telecommunication Union on 17 May 1865.  It was established  by the Plenipotentiary Conference in Malaga-Torremolinos in 1973.
  2. The main goal of this  day is to raise global awareness of societal changes brought about by the Internet and new technologies. It also aims to help reduce the digital divide.

 

KEYS:

  1. Established- 17 May 1865

 

 

World Hypertension Day

 

  1. Hypertension or high blood pressure is a type of the preventable and the controllable tension. The theme for this year is ‘Know Your Blood Pressure.
  2. According to the World health Organization (WHO), hypertension, also known as high or raised blood pressure (BP), is a condition in which the blood vessels have persistently raised pressure, putting them under increased stress.
  3. All over the world Over a billion people suffer from hypertension and it is predicted to increase by 60% to 1.56 billion in 2025.

 

 

KEYS:

  1. Full form of WHO- World health Organization

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