Current Affairs Today – July, 16th, 2017 | Latest News and Updates

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INDIAN AFFAIRS

2-day Conference on Crowd Management concludes in Kerala

2-day Conference on Crowd Management concludes in Kerala

  1. The National Disaster Response Force (NDRF), Civil Defense and Non-Governmental Organisations National Disaster Management Authority (NDMA) has get the connection with the Kerala State Disaster Management Authority (KSDMA), which is goung to organise the national coneference in topic of the some important diaster like the Crowd Management at Thiruvananthapuram, Kerala, it is announced by the officials on Friday. This conference has created its aims for the gather of the many of the stakeholders for the management purpose in the event that it should be held in quietly manner.
  2. This whole conference will organise and managed by the National Disaster Management Authority (NDMA) with the help of the national level, Kerala State Disaster Management Authority (KSDMA). Shri V. S. Sunil Kumar, Minister for Agriculture, Government of Kerala, delivered the valedictory address.
  3. To see the management purpose and the function related to the event that is going to held, Shri R. K. Jain, Member, NDMA, said that the conference has brought to focus “varied issues relevant to efficient crowd management.”
  4. The full of the discription that is going to held that is done and manage by the interagency coordination, including the role of Police (NGOs).

KEYS:

  1. Kerala, a state on India’s tropical Malabar Coast, has nearly 600km of Arabian Sea shoreline
  2. It’s known for its palm-lined beaches and backwaters, a network of canals
  3. Inland are the Western Ghats, mountains whose slopes support tea, coffee and spice plantations as well as wildlife
  4. National parks like Eravikulam and Periyar, plus Wayanad and other sanctuaries, are home to elephants, langur monkeys and tigers
  5. Capital: Thiruvananthapuram
  6. Destinations: Kochi, Munnar, Alappuzha, Thiruvananthapuram,
  7. Colleges and Universities: University of Calicut,

 

Centre, UP govt sign MoU for opening AIIMS in Gorakhpur

Centre, UP govt sign MoU for opening AIIMS in Gorakhpur

  1. The Uttar Pradesh government has signed the MoU with the Centre for the establishment of the work of the AIIMS hospital in Gorakhpur, hometown of Chief Minister Yogi Adityanath on Friday.
  2. “Uttar Pradesh will get its first AIIMS by December 2019, while its OPD complex will be completed by September 2018,” said Anita Bhatnagar Jain, additional chief secretary, Medical education, UP.
  3. “While the 300 bed wing will be ready by December 2019, the capacity will be raised to 500 beds for patients by March 2020 and complete 750 beds will be ready by June 2020,” said Jain, after signing the MoU.
  4. “It will help those living in eastern Uttar Pradesh to get health care services and they will not have to run to Lucknow, New Delhi or other places for treatment of serious ailments,” Adityanath said said.

KEYS:

  1. The All India Institutes of Medical Sciences are a group of autonomous public medical colleges of higher education
  2. These institutes have been declared by an Act of Parliament as Institutes of National Importance
  3. Customer service: 011 2658 8500
  4. Founded: 1956
  5. Headquarters: New Delhi

 

 

 

INTERNATIONAL AFFAIRS

India ranks 116 out of 157 nations on Sustainable Development Goals index

India ranks 116 out of 157 nations on Sustainable Development Goals index

  1. India has scored its rank of 116 out of 157 nations on a global index that is done by the growth of the country depend on the economy and the events that held in that country sustainable development goals (SDGs).
  2. “Not only does a rising trend of nationalism and protectionism impede the implementation of the goals, but as the report shows, industrialised countries are not serving as role models,”it is said in the report.
  3. “One of the greatest obstacles to achieving the global goals for high-income countries is poor performances regarding sustainable consumption and production. All countries that score lowest on electronic-waste generation, for example, are high-income countries,” it said.
  4. “SDG Index and Dashboards highlight the need for urgent action on the part of G20 countries in making sustainable development a reality both within and beyond their borders. If the world is to achieve the SDGs, all countries must take up the goals as part of their national development strategies, and ensure that they take responsibility for their impact on the rest of the world,” said Jeffrey D Sachs, Director of the SDSN.

 

European Union and India establish an Investment Facilitation Mechanism

  1. European Union (EU) and India has did the announcement for the establishment of the Investment Facilitation Mechanism (IFM) for EU Investments in India that is on Friday.
  2. Tomasz Koslowski, Ambassador of the European Union to India, said, “the establishment of the IFM is a right step in the direction of strengthening the trade and investment ties between the EU and India. The EU is the largest foreign investor in India and this initiative helps ensuring a more robust, effective and predictable business environment for the EU investors.”
  3. “The mechanism will allow for a close coordination between the European Union and the Government of India with an aim to promote and facilitate EU investment in India,” an official statement said.
  4. Ramesh Abhishek, secretary, Department of Industrial Policy and Promotion (or DIPP — the nodal body for foreign direct investment policy), said: “The IFM has been established with the key objectives of paving the way for identifying and solving problems faced by EU companies and investors with regard to their operations in India.”
  5. “The IFM is also going to serve as a platform for discussing general suggestions from the point of view of EU companies and investors with regard to ease of doing business in India, which I am sure, would boost and encourage the EU investors to avail the investment opportunities available in India,” said Mr Abhishek.

KEYS:

  1. The European Union is a political and economic union of 28 member states that are located primarily in Europe
  2. It has an area of 4,475,757 km², and an estimated population of over 510 million
  3. Headquarters: City of Brussels, Belgium
  4. Capital: City of Brussels (de facto)
  5. Founded: 1 November 1993, Maastricht, Netherlands
  6. Members: Germany, Poland, Italy, United Kingdom, France, MORE
  7. Founders: Germany, Italy, France, Netherlands, Belgium, Luxembourg
  8. Awards: Nobel Peace Prize, Princess of Asturias Award for Concordd

                          

BANKING & FINANCE

YES Bank gets $150 mn from OPIC to fund SME lending

YES Bank gets $150 mn from OPIC to fund SME lending

  1. The India’s private sector bank that is YES Bank has got another funding of the $150 million funding from US government and Wells Fargo to fund SME lending.
  2. “Specifically, $50 million of the financing would be used to expand support to women-owned businesses, while another $50 million will be used for financing small and medium enterprises (SME) in low income states,” it said.
  3. “OPIC’s facility will help YES Bank expand its SME lending capacity, specifically enabling them to reach both women and entrepreneurs in low income states who have much to contribute to India’s economic growth,” Dev Jagadesan, OPIC Acting President and CEO said
  4. OPIC have decided to fund the $75 million like term of the financing to the YES Bank and up to $75 million as a syndicated financing from Wells Fargo Bank, a part of financial services provider Wells Fargo and Company. This fund is the third funding between the OPIC and YES Bank and comes close on the heels of last year’s $265 million OPIC facility, which the bank will use to extend SME financing in India, YES Bank said in regulatory filing.

KEYS:

  1. YES BANK is India’s fourth largest private sector Bank, founded by Rana Kapoor and Late Ashok Kapur in 2004
  2. Yes Bank is the only Greenfield Bank licence awarded by the RBI in the last two decades
  3. Customer service: 1800 2000
  4. Headquarters: Mumbai
  5. CEO: Rana Kapoor (2004–)
  6. Founded: 2004
  7. Revenue: 235 billion INR (30 July 2015, US$3.5 billion)
  8. Founders: Rana Kapoor, Ashok Kapoor

 

NRIs’ foreign bank accounts under income tax lens

  1. “But this could also have some unintended consequences. For instance, many foreigners or non-residents who are working in India may not be willing to share their bank accounts in their home countries. The (tax return) form has been amended without any change of rules or notification. Also, why should Indian tax department seek details of bank accounts whose interest income it cannot tax?,” said senior chartered accountant Dilip Lakhani.
  2. “They may have multiple bank accounts. Going by plain reading of ITR2 form, an NRI would be obliged to provide all the bank accounts, and an assessing officer will have the right to ask any question therefrom which have a possible and potential tax claim in India,” said Mitil Chokshi.
  3. “However, the Income Tax Act clearly places taxability based on residential status of an assessee. Since NRIs are subjected to tax claim only on income earned in India, some could take an alternative view on the new provision as it is not backed by a circular. It would mean, disclosure of bank account in India or outside for operative purpose like tax payments and processing refund,” said Mitil Chokshi, senior partner at Chokshi & Chokshi.
  4. “As citizens they are obliged to provide information though they are not a resident Indian from Tax or FEMA perspective. An individual has to respond to any question raised by any regulatory authority be it Tax, FEMA, ROC etc. But while such queries cannot be ignored, they have to be deftly replied,” said Chokshi.

KEYS:

  1. The Foreign Exchange Management Act, 1999 is an Act of the Parliament of India “to consolidate and amend the law relating to foreign exchange with the objective of facilitating external trade and payments
  2. Date enacted: 29 December 2000
  3. Enacted by: Parliament of India

 

Science and Technology

Indian astronomers discover super cluster of galaxies, name it ‘Saraswati’

Indian astronomers discover super cluster of galaxies, name it ‘Saraswati’

  1. The scientist has discover the large and clustered galaxy in the 400 crore light years away from Earth and this galaxy has get the name of Saraswati. This new galaxy has been in the feel of the 20 million billion suns, is more than 10 billion years old. The mass of this galaxy has been assumed that the 600 million light years, astronomers have said.
  2. “Superclusters are the largest coherent structures in the cosmic web,” the IUCAA said in a statement. “They are a chain of galaxies and galaxy clusters, bound by gravity, often stretching to several hundred times the size of clusters of galaxies, consisting of tens of thousands of galaxies.”
  3. “It is the first time that we have seen a supercluster that is so far away. Even the Shapley is about 8-10 times closer,” says Somak Raychaudhury, Director of IUCAA and one of the authors of the paper being published in the latest issue of The Astrophysical Journal.
  4. “We have a habit of naming galaxies after rivers; the Milky Way is referred to as Akash Ganga. So we thought of naming this supercluster after the ancient river Saraswati,” says Prof. Raychaudhury. Along with Dr. Joydeep Bagchi, the lead author of the paper.
  5. “Theory has always been confounded by nature. It is true that the balance between dark matter and dark energy can produce large structures, but a supercluster of this size does present an enigma,” says Prof. Raychaudhury.

 

SPORTS

India’s 2011 World Cup heroes rubbish Arjuna Ranatunga allegations

  1. India’s World Cup heroes found former Sri Lanka captain Arjuna Ranatunga’s has demanded for the checking in the 2011 final as “outrageous”. India has beaten Sri Lanka by six wickets and win their second World Cup title in 50-over cricket.
  2. Ranatunga, in a video posted on his Facebook page, said, “I was also in India giving commentaries at the time. When we lost, I was distressed and I had a doubt. We must investigate what happened to Sri Lanka at the 2011 World Cup final. I cannot reveal everything now, but one day I will. There must be an inquiry.”
  3. “I am surprised by Arjuna Ranatunga’s allegations. These are serious comments by a very respectable voice in international cricket. I think to clear the air, he should back his claims with proofs,” Gambhir, who top-scored for India with 97 in the final, said.
  4. “I don’t wish to dignify Ranatunga’s comments by airing my views on the issue. There is no end to these kind of statements. If I question Sri Lanka’s 1996 World Cup victory, is it in good taste? So let’s not get into it. But yes, it is disappointing when someone of his stature says something like this,” Nehra told in the report.

KEYS:

  1. Sri Lanka (formerly Ceylon) is an island nation south of India in the Indian Ocean
  2. Its diverse landscapes range from rainforest and arid plains to highlands and sandy beaches
  3. It’s famed for its ancient Buddhist ruins, including the 5th-century citadel Sigiriya, with its palace and frescoes
  4. The city of Anuradhapura, Sri Lanka’s ancient capital, has many ruins dating back more than 2,000 years
  5. Capitals: Colombo, Sri Jayawardenepura Kotte
  6. Currency: Sri Lankan rupee
  7. President: Maithripala Sirisena
  8. Destinations: Kandy, Colombo, Dambulla, Polonnaruwa,
  9. Official languages: Sinhala, Tamil, English

 

AWARDS & RECOGNITION

ESPY Awards: Complete Winners List

ESPY Awards: Complete Winners List

This year’s award winners:

Best Male Athlete — Russell Westbrook, NBA

Best Female Athlete — Simone Biles, Gymnastics

Best Championship Performance — Kevin Durant, NBA Finals

Best Breakthrough Athlete — Dak Prescott, NFL

Best Record-Breaking Performance — Michael Phelps extends his own record of most gold medals/most Olympic medals

Best Upset — Mississippi State defeats Connecticut, Women’s NCAA Basketball Final Four

Best Game — Patriots vs. Falcons, Super Bowl

Best Comeback Athlete — Jordy Nelson, NFL

Best Play — Aaron Rodgers to Jared Cook, Green Bay Packers, NFL divisional round

Best Team — Golden State Warriors, NBA

Best International Athlete — Usain Bolt, Track and Field

Best NFL Player — Aaron Rodgers, Green Bay Packers

Best MLB Player — Mike Trout, LA Angels

Best NHL Player — Sidney Crosby, Pittsburgh Penguins

Best Driver — Lewis Hamilton, Formula One

Best NBA Player — LeBron James, Cleveland Cavaliers

Best WNBA Player — Candace Parker, Los Angeles Sparks

Best Fighter — Demetrious Johnson, MMA

Best Male Golfer — Sergio Garcia

Best Female Golfer — Ariya Jutanugarn

Best Male Tennis Player — Roger Federer

Best Female Tennis Player — Serena Williams

Best Male College Athlete — DeShaun Watson, Clemson football

Best Female College Athlete — Kelly Barnhill, Florida softball

Best Male Action Sports Athlete — Mark McMorris, Snowboard

Best Female Action Sports Athlete — Anna Gasser, Snowboard

Best Jockey — John Velasquez

Best Male Athlete With a Disability — Steve Serio, Wheelchair Basketball

Best Female Athlete With a Disability — Becca Meyers, Swimming

Best Bowler — Jason Belmonte

Best MLS Player — David Villa, New York City FC

Best Male US Olympic Athlete — Michael Phelps, Swimming

Best Female US Olympic Athlete — Simone Biles, Gymnastics

 

 

OBITUARY                              

Christopher Wong Won, Rapper and a Founder of 2 Live Crew, Dies at 53

Christopher Wong Won, Rapper and a Founder of 2 Live Crew, Dies at 53

  1. The pioneering Asian rapper and co-founder of the influential Miami hip-hop group 2 Live Crew, Christopher Wong Won, a.k.a. Fresh Kid Ice, has died on Tuesday at the age of 53 years.
  2. “I just got the word that my longtime friend and rap legend Fresh Kid Ice the Chinaman has passed away,” said member Brother Marquis (via Vibe). “I would like to say that I love him and extend my condolences to his family. He truly loved all of his fans. I’ll always remember and cherish all of the good times we had together and all of the history we made. I would like to express my true love for him.”
  3. “When we first started, a lot of people didn’t know I was Asian,” Fresh Kid Ice told Vice in 2016. “But when the videos came out, it basically crossed the group over. Other people could be like, ‘Damn, that could be me. I didn’t know an Asian dude was rapping like that!”

 

IMPORTANT DAYS

Harela Mela

Harela Mela

  1. Harela Mela is yearly celebrated in the Ramlila Ground of Bhimtal in Mallital area. On the Baishakhi Purnima day it comes in the Lokhamtal while Kainchi has get in the assets on the 15 June.
  2. Kakrighat is the get in the Somnath Fair on the last Monday of Baishakh, Garjia is get in the filled with the celebration on Kartik Purnima day in the month of November.
  3. Nandashtami celebration is comes in the all the districs of the state, and the all the fairs are organised by the Nainadevi temple Nainital and Bhowali.
  4. The Kumaoni people have get in the celebration of the Shradha in late September or early October to remember their dead ancestors.

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