Current Affairs Today – December, 8th, 2017 | Latest News and Updates

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Current Affairs Today – December, 8th, 2017 | Latest News and Updates

INDIAN AFFAIRS

PM Modi inaugurates BR Ambedkar International Centre

PM Modi inaugurates BR Ambedkar International Centre

  1. Prime Minister Narendra Modi said on Thursday that there has been the many of the years has been comes to use the ideas of great Indian B.R. Ambedkar and obliterate his contribution to nation building. He said that there will be the done of this work after the “interests” of one family.
  2. “Many great souls have been born in our country who have not just become the face of social change but whose thoughts have also given shape to the nation’s future and thought.” It was a telling commentary of the incredible power of Babasaheb that even though there were attempts to suppress his thought and obliterate his contribution to nation building, his views could not be wiped out from the minds of the masses, Mr. Modi said. “It will not be wrong if I say that more people today are influenced by Babasaeb than by the family for whose sake such things were done.”
  3. He said the BHIM App has been given the name after the name of Dr. Ambedkar. In addition, several social welfare schemes of his government were aimed at implementing the late leader’s vision, he said.

 

India joins elite multilateral export control regime

India joins elite multilateral export control regime

  1. In the term of the development of the Wassenaar Arrangement (WA) on Thursday decided to admit India as its new member that has to be increase in the raise New Delhi’s stature in the field of non-proliferation besides helping it acquire critical technologies.
  2. “Wassenaar Arrangement participating states reviewed the progress of a number of current membership applications and agreed at the plenary meeting to admit India which will become the Arrangement’s 42nd participating state as soon as the necessary procedural arrangements for joining the WA are completed,” the grouping said in a statement.
  3. “Existing controls were further clarified regarding ground stations for spacecraft, submarine diesel engines, technology related to intrusion software, software for testing gas turbine engines, analogue-to-digital converters, non- volatile memories and information security,” the grouping said in the statement at the end of the two-day meeting.
  4. The Wassenaar Arrangement plays a significant role in promoting transparency and greater responsibility in transfers of conventional arms and dual-use goods and technologies.

 

Hindi now fourth most-spoken language in New Zealand

Hindi now fourth most-spoken language in New Zealand

  1. Hindi is now the “fourth most spoken” language in New Zealand, according to the report of the New Zealand-India Sustainability Challenge 2017. At the event of the announcement of the language, Joanna Kempkers spoke about the popularity of Hindi in New Zealand to emphasise on the growing cultural and people-to-people ties between the two countries.
  2. “We both share common values, such as commonwealth heritage and democracy. And, also, the common language that is, English and now also Hindi,” she said at the event in New Delhi. “We have about 1,85,000 people belonging to the Indian community, who are living in New Zealand and they are contributing to the growth story of our country,” Ms Kempkers said.
  3. John Laxon, Education New Zealand’s Regional Director -India, South East Asia and Middle East, also endorsed the rise in the influx of students applying to universities in New Zealand. He said, “Indian students are increasingly choosing to study in New Zealand. For the January -October period this year, there has been a 24 per cent increase in student visas, compared to the corresponding period last year,” he told PTI.

 

INTERNATIONAL AFFAIRS

Australian Parliament allows same-sex marriages, first weddings expected in February

Australian Parliament allows same-sex marriages, first weddings expected in February

  1. The Australian Parliament has voted on Thursday has given the approval for the same-sex marriage across the nation, following a bitter and divisive debate settled by the government polling voters in a much-criticised ballot survey that strongly endorsed change.
  2. “It is now our job as members of Parliament to pass a fair bill that does not extend or create any new discriminations,” an emotional government lawmaker Warren Entsch, who helped draft the bill, told Parliament. “It is a strong bill that already strikes the right balance between equality and freedom of religion.”
  3. “It’s an historic day for Australia today and I think the celebrations around the country when we finally … achieve marriage equality are going to be immense,” Janet Rice said before the vote.
  4. “A promise was made by the leaders of this Parliament and the promise has not adequately been delivered on. The last thing we should want to do is to subject Australians to new forms of discrimination in place of old ones that are rightly gone” Abbott said.
  5. “Let’s be honest here, for a case like that to arise in Australia, it would require a gay couple who care more about activism than about the success of their own wedding, to find a business operator who cares more about religious doctrine than the commercial success of their own small business, and for both of them to commit to having a fight,” Evans told Parliament.
  6. “Typical Australians would genuinely question the bona fides of the players in a case like that and the slim prospects of that occurring doesn’t warrant the pages and pages of commentary and debate that have been dedicated to it,” he added.

 

Queen Elizabeth inaugurates new “Best of British” aircraft carrier

Queen Elizabeth inaugurates new “Best of British” aircraft carrier

 

  1. Queen Elizabeth II has instructed at the post on the British navy the UK’s newest and biggest aircraft carrier, HMS Queen Elizabeth, at a ceremony on Thursday.
  2. The warship, which cost 3.0 billion (3.4 billion euros, $4.0 billion) to build, was hailed as “a true flagship for the 21st century”.
  3. “HMS Queen Elizabeth embodies the best of British technology and innovation,” Elizabeth II said at the ceremony on board the ship in Portsmouth on England’s south coast.
  4. “She will in the years and decades ahead represent the country’s resolve on the global stage,” she said. The ship can operate with a crew of 1,000 and 40 aircraft on deck, and measures 280 metres (919 feet) in length and weighs 65,000 tonnes.

BANKING AND FINANCE

Axis Securities Gets NCDEX Membership

Axis Securities Gets NCDEX Membership

  1. For the Axis Securities taking membership of National Commodity and Derivatives Exchange (NCDEX), the commodity market space has did the registered the first ever bank broking arm on its platform. At that time the institutional investors, including banks, to participate in agri-derivatives space.
  2. “It’s a significant moment for the Indian commodity bourses when for the first time; a bank broking arm has become the member of the country’s largest agri commodity exchange NCDEX. We expect that with Axis Securities already on board and many more in line, the domestic commodity markets shall achieve more depth. It will increase the liquidity and distribution which would not only make the process of price discovery more robust, but will provide the market participants a more transparent and conducive atmosphere to operate in”, said Mr. Samir Shah, MD and CEO of NCDEX.
  3. “We are very excited about the new opportunities opened for bank brokers in the commodities broking space and look forward to cater to the commodity market participants. We will focus to penetrate clients for agri & non-agri commodities business across the country, especially from semi-urban & rural pockets of India. Our strong base of 1.5 million satisfied customers and the rapid pace of new customer acquisition highlight the trust that our clients have in the value we add to their investments. We at Axis Securities have always endeavored to provide the best – in class product and services to our clients. Now with commodities added to our product bouquet, we are confident that we’ll be able to help the commodity market participants from our expertise and excellent customer service that we bring to our equities business,” said Mr.Arun Thukral, MD and CEO of Axis Securities.

KEYS:

  1. Axis Bank Ltd is the third largest of the private-sector banks in India offering a comprehensive suite of financial products
  2. The bank has its head office in Mumbai and Registered office in Ahmedabad
  3. Customer service: 1860 419 5555
  4. CEO: Shikha Sharma
  5. Chairperson: Dr. Sanjiv Misra (Part Time)
  6. Headquarters: Mumbai
  7. Founded: 1993, Ahmedabad
  8. Subsidiaries: FreeCharge, Axis Direct, A.Treds Limited,

 

Qatar and France sign $1 billion Rafale fighter jet deal amid gulf crisis

Qatar and France sign $1 billion Rafale fighter jet deal amid gulf crisis

  1. Qatar has approved on Thursday to buy 12 French-built fighter jets, part of a multi-billion-dollar raft of deals announced as President Emmanuel Macron has gone to the emirate, hit by the Gulf’s worst political crisis in years.
  2. The 1.1-billion-euro ($1.3 billion) order for Dassault Aviation warplanes, with an option for 36 more, comes as Qatar faces a trade and diplomatic boycott by Saudi Arabia and its allies.
  3. The deal was one of a slew of contracts together worth more than 11 billion euros ($13 billion) announced between Qatar and France on Thursday.
  4. Qatar Airways announced a 5.5-billion-euro ($6.4-billion) deal to buy 50 Airbus A321 passenger planes, with an option for 36 more.

Science and Technology

As per the report, Facebook is the best place to work, Apple slips to 84th spot

As per the report, Facebook is the best place to work, Apple slips to 84th spot

  1. At the time, the Facebook has become first worker in the America, Cupertino-based tech giant Apple has tumbled to number 84 this year from its 36th position last year in the leading job website Glassdoor’s “100 Best Places to Work in the US”.
  2. “It’s clear employees love working at Facebook. What we really see them appreciate most is the company’s mission-driven culture, transparent leadership and the fact that their work literally impacts the lives of billions of people worldwide,” Glassdoor CEO Robert Hohman said in a statement.
  3. When it comes to “cons” for working at Apple, several employees who anonymously reviewed the company on Glassdoor said the iPhone maker is “strapped for resources” and “offers a poor work-life balance”.
  4. “Office space is very sparse, bring your own tea and snacks kind of a deal. Lunch isn’t free, although dinner is. Nobody is going to pat you on the back for your work, and you’re expected to advance your own career, or find the mentorship you need,” one Apple employee wrote on Glassdoor.
  5. According to Glassdoor, the ranking system is based on “a proprietary awards algorithm”, which is designed to calculate the “quantity, quality, and consistency of company reviews submitted by employees between November 1, 2016, and October 22, 2017”

SPORTS

Kohli grabs the second position in Test rankings

Kohli grabs the second position in Test rankings

  1. India captain Virat Kohli has forward to the three place and become has taken the second position among batsmen in the MRF Tyres ICC Test Player Rankings, after the take of the career-best score in the third and final Test against Sri Lanka, which ended in a draw in New Delhi on Wednesday.
  2. Kohli’s first-innings has created the 243 was followed with 50 as he finished with 610 runs in the series, which India won 1-0. Kohli, who slammed back-to-back double-centuries and recorded three-figure scores in three consecutive matches, started the series in sixth position but has leapfrogged David Warner, Cheteshwar Pujara, Kane Williamson and Joe Root after the stupendous run, which saw him average 152.50.
  3. Though 45 points separate him from Australia captain Steve Smith, Kohli would be eyeing the chance of reaching the zenith in all three formats since he is the current No. 1 in ODIs and T20Is. Smith though has been in a different league and last week reached 941 points, the joint fifth-highest in terms of the highest points tally in batting history in Tests. Smith is now on 938 points while Kohli is on 893 points.

AWARDS & RECOGNITION

Nagpur’s Kanchanmala becomes first Indian to win gold at World Para-Swimming Championship

Nagpur’s Kanchanmala becomes first Indian to win gold at World Para-Swimming Championship

  1. Kanchanmala Pande, who is the one of the famous swimmer, has created history on Thursday after winning gold at the World Para Swimming Championship, that was held in Mexico. Pande who is from Amravati city of Maharashtra bagged top position in 200 meters medley event in S-11 category.
  2. Speaking to Times of India, Pande expressed her happiness and said,”I had prepared well for the World Championship. I was expecting a good show in Mexico and also a medal. But, securing the top position and a gold medal at world championship is surprising. I am really very happy. At the same time, I don’t know how to express it in words.”
  3. Pande also thanked RBI, Nagpur; Sport Ministry of India, Sports Authority of India (SAI); Paralympic Committee of India (PCI); GoSports and her well-wishers for her victory. The swimmer also had a tremendous support of her husband Vinod Dekhmukh, who always back her in each of her venture.

OBITUARY

Noted music director Adithyan passes away

Noted music director Adithyan passes away

  1. Noted South Indian music director, Adithyan, has been died at the age of 63 years in Hyderabad because of the kidney problem, sources close to his family said on Wednesday.
  2. Adithyan who was 63 years was undergoing treatment in Hyderabad for the past one week for his kidney ailment and breathed his last on Tuesday, they said.
  3. The musician is known for his numbers in films such as the super hit gangster flick Amaran, besides Seevalaperi Pandi, in the early 90s. He has scored music for many Telugu and Malayalam movies, the sources added.

 

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