Current Affairs Today – July, 27th, 2017 | Latest News and Updates

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Current Affairs Today – July, 27th, 2017 | Latest News and Updates

INDIAN AFFAIRS

Union Home Minister Rajnath Singh chairs first meeting of Islands Development Agency (IDA)

Union Home Minister Rajnath Singh chairs first meeting of Islands Development Agency (IDA)

  1. On Monday, Union Home Minister Rajnath Singh has organised in the head of him for the new developed of the Island Development Agency (IDA) and and given the new dream for the upcoming of the India’s maritime economy and told about the save to the natural eco-system and addressing the security concerns.
  2. The Union Home Minister also said about to the development of the newly devolped of islands with people’s participation. The NITI Aayog’s CEO has created the presentation of the high and globaly development techniques for the coming holistic development of identified islands.
  3. Admiral D.K. Joshi, former Chief of Naval Staff and Vice Chairman of IDA, has said about this project in term of the developed constituent implementation of planned projects.
  4. In this there are the many of the member of the IDA, including Cabinet Secretary, Home Secretary, Secretary (Environment, Forests and Climate Change), Secretary (Tourism) and Secretary (Tribal Welfare) also participated in the meeting.

KEYS:

  1. Full form of NITI aayog- National Institution for Transforming India
  2. Formed- 1 January 2015; 2 years ago
  3. Jurisdiction- Government of India
  4. Headquarters- New Delhi
  5. Agency executives – Narendra Modi, Chairman, Arvind Panagariya, Vice Chairman, Bibek Debroy, Member, V. K. Saraswat, Member, Ramesh Chand, Member- Amitabh Kant, CEO

 

 

Central Road Fund (Amendment) Bill, 2017 introduced in LS

  1. On Tuesday the government has inaugurates in the Lok Sabha a bill that will be providing of the about Rs 2,000 crore from Central Road Fund (CRF) for developing national waterways (NWs).
  2. “National Waterways provide cost-effective, logistically efficient and environment-friendly way of transport, whose development as a supplementary mode would enable diversion of traffic over congested roads and railways,” according to the objects of the Bill.
  3. This bill will be in the work for the Central Road Fund Act, 2000, to allocate 2.5 per cent for the development work in the CRF for development and maintenance of NWs and a reduction in the share provided for development of National Highways.
  4. Till the total fund which was collecxted by the CRF was Rs 80,800 crore in 2016 -17, Rs 69,540 crore in 2015-16 and Rs 25,122 crore in 2014- 15. The Inland Waterways Authority of India (IWAI) has estimated that approximately Rs 25,000 crore would be required for development of identified projects on NWs till 2022-23.

KEYS:

  1. India has an extensive network of inland waterways in the form of rivers, canals, backwaters and creeks
  2. The total navigable length is 14,500 km, out of which about 5200 km of the river and 4000 km of canals can be used by mechanised crafts
  3. Website: iwai.nic.in
  4. Founded: 27 October 1986
  5. Sector: Inland navigation
  6. Headquarters: Noida
  7. Agency executive: Amitabh Verma (Chairman)
  8. Parent agency: Ministry of Shipping
  9. Type: Statutory corporation

 

CPM strikes down third term for Yechury in Rajya Sabha

  1. Senior CPM leader Sitaram Yechury will not be in the next some of the term of the Rajya Sabha, this has been decided by his party and it is get to know by the report of the media. The CPM’s central committee, the party’s highest executive body, met in Delhi over three days and voted against sending Mr Yechury to the upper house with the help of the Congress.
  2. “Those who favored a third term for Mr Yechury, argued that he is one of the most well-known and articulate faces of the party in Parliament. At a time when the Left is losing popular support even in its traditional stronghold like West Bengal, Mr Yechury brings the Left to national relevance and so must continue to front for the Left in Parliament,” they said.
  3. “But those opposed to a third term for the party chief pointed out that he cannot return to Parliament on his own party’s strength and will need support from the Congress’ 44 legislators in the Bengal assembly.” Members from Kerala, led Chief Minister Pinarayi Vijayan, said, “The party cannot take support from the Congress, the CPM’s chief political rival in the state. There were also some reservations within the Bengal Congress regarding support to Mr Yechury,”

 

INTERNATIONAL AFFAIRS

Bolivia declared total independence from World Bank & IMF

Bolivia declared total independence from World Bank & IMF

  1. Bolivia’s President Evo Morales has been comes in the report with his party government’s independence from international money lending organizations and with the unshorted mental issues on the nation, it is said in the report.
  2. “A day like today in 1944 ended Bretton Woods Economic Conference (USA), in which the IMF and WB were established,” Morales tweeted. “These organizations dictated the economic fate of Bolivia and the world. Today we can say that we have total independence of them.”
  3. Morales has said, “Bolivia’s past dependence on the agencies was so great that the International Monetary Fund had an office in government headquarters and even participated in their meetings.”
  4. Bolivia’s who has been getting in the next feaver that is the Cochabamba Water War in 2000 against United States-based Bechtel Corporation over water privatization and the associated World Bank policies shed light on some of the debt issues facing the region.

KEYS:

  1. Bolivia is a country in central South America, with a varied terrain spanning Andes Mountains, the Atacama Desert and Amazon Basin rainforest
  2. At more than 3,500m, its administrative capital, La Paz, sits on the Andes’ Altiplano plateau with snow-capped Mt
  3. Illimani in the background. Nearby is glass-smooth Lake Titicaca, the continent’s largest lake, straddling the border with Peru
  4. Capital: Sucre
  5. Dialing code: +591
  6. Currency: Bolivian boliviano
  7. Points of interest: Salar de Uyuni, Isla del Sol, Tiwanaku,
  8. Official languages: Spanish, Aymara, Paraguayan Guaraní,

 

Mike Pence breaks tie as Senate opens ‘Obamacare’ debate at last

  1. In the term of the President Donald Trump, which was totaly different in that Senate voted at last Tuesday to move forward with the Republicans’ long-promised legislation to repeal and replace “Obamacare.”
  2. Despite voting “yes,” he has been take the some of the truth full speech in the term of the needle of the poll, even after Tuesday’s victory for Trump and Republican leader Mitch McConnell. “If this process ends in failure, which seems likely, then let’s return to regular order,” McCain said as he chided Republican leaders for devising the legislation in secret along with the administration and “springing it on skeptical members.”
  3. “Stop listening to the bombastic loudmouths on the radio, TV and internet. To hell with them!” McCain said,
  4. “I’m very happy to announce that, with zero of the Democrats’ votes, the motion to proceed on health care has just passed. And now we move forward toward truly great health care for the American people,” Trump said. “This was a big step. I want to thank Senator John McCain — very brave man.”

KEYS:

  1. The U.S. is a country of 50 states covering a vast swath of North America, with Alaska in the northwest and Hawaii extending the nation’s presence into the Pacific Ocean
  2. Major Atlantic Coast cities are New York, a global finance and culture center, and capital Washington, DC
  3. Midwestern metropolis Chicago is known for influential architecture and on the west coast, Los Angeles’ Hollywood is famed for filmmaking
  4. Capital: Washington, D.C.
  5. Dialing code: +1
  6. President: Donald Trump
  7. Population: 323.1 million (2016)
  8. States: California, Hawaii, Florida, Texas, Massachusetts, Alaska,

 

US House approves new Russia sanctions, defying Trump

  1. On Tuesday, the US House of Representatives has been given the vote for the creation of the new section of the Russia, and force President Donald Trump to obtain lawmakers’ permission before making the any of the law Moscow, in a rare rebuke of the Republican in the White House.
  2. “The only language we agreed to was Iran and Russia. So adding North Korea on, I just don’t know how we’re going to deal with it yet,” Corker told reporters. “The better route would have been to send over what had been agreed to.”
  3. “While the president supports tough sanctions on North Korea, Iran and Russia, the White House is reviewing the House legislation and awaits a final legislative package for the president’s desk,” said spokeswoman Sarah Sanders.
  4. “The only language we agreed to was Iran and Russia. So adding North Korea on, I just don’t know how we’re going to deal with it yet,” Corker told reporters. “The better route would have been to send over what had been agreed to.”

KEYS:

  1. The U.S. is a country of 50 states covering a vast swath of North America, with Alaska in the northwest and Hawaii extending the nation’s presence into the Pacific Ocean
  2. Major Atlantic Coast cities are New York, a global finance and culture center, and capital Washington, DC
  3. Midwestern metropolis Chicago is known for influential architecture and on the west coast, Los Angeles’ Hollywood is famed for filmmaking
  4. Capital: Washington, D.C.
  5. Dialing code: +1
  6. President: Donald Trump
  7. Population: 323.1 million (2016)
  8. States: California, Hawaii, Florida, Texas, Massachusetts, Alaska,

BANKING & FINANCE

Aurionpro launches a Bank in a Box to reduce branch expansion cost for banks

Aurionpro launches a Bank in a Box to reduce branch expansion cost for banks

  1. AurionproBSE 0.54 % Solutions a global leader in digital innovation, enterprise security and banking solutions, has given the statement for the Branch-in-a-Box product, the Virtual Teller Machine (VTM) which is the some of the new and self-service kiosk for automating 90% of banking transactions at the branch level.
  2. Speaking on the occasion,, “Bank Branches have a dire need to reinvent themselves as cost pressures mount and reducing transaction based revenue force them to downsize and become leaner. The VTM represents a compelling solution to this very challenge,” said, Raj Menon, Head of Customer Experience Solutions, Aurionpro.
  3. The VTM has been best for the help in the some of the new and find for the rout of the eKYC, account opening, passbook and statement printing, video assistance, bill payment, cash and cheques (single and bunched) deposit, cheque account summary, cash withdrawal, personalised instant card issuance, activation and replacement from the branch to the teller machines.

KEYS:

  1. Aurionpro Solutions Limited is a global technology product and solution provider. Headquartered in Mumbai, India and San Ramon, North America the company has established 22 offices across 12 countries
  2. Stock price: AURIONPRO (NSE) ₹ 131.90 +2.35 (+1.81%)
  3. 26 Jul, 9:39 AM IST – Disclaimer
  4. Headquarters: India
  5. Founded: 1997
  6. Subsidiaries: Cyberinc, SEEinfobiz Pvt. Ltd.,

 

Nifty creates history, breaches 10,000 mark

  1. There is the range that has been getting rise for the 1,000 in November 1995, the 50-share Nifty of the National Stock Exchange (NSE) breached the 10,000-mark has been taken for the first time in that on Tuesday before profit-booking added to the resistance at the record level resulting in the benchmark closing below the psychological mark.
  2. In its latest note, the UBS has said that the “risk-reward fundamentally is clearly unfavourable but we acknowledge that the local retail flow can keep markets elevated despite the absence of a near-term growth recovery.”
  3. “We think at this point from a short-term perspective markets appear to be over-heated and trading rich. Correction cannot be ruled out at this juncture. This correction will not be very deep as a huge pool of cash is waiting to be deployed in the markets at lower levels,” said Mr. Oswal.
  4. “Expectations of a rate cut in interests by the RBI (Reserve Bank of India) and economic reforms have made India an attractive destination for investments”, said Sanjiv Bhasin,Executive VP- Market & Corporate Affairs, IIFL.

 

Standard Chartered Bank unveils forex card

  1. Standard Chartered Bank has launched the ‘Multicurrency Forex Card’ that will send the some of the nation and that of the since of the 20 widely used currencies on one card.
  2. Some of the currencies that can be loaded are the US dollar, Euro, British Pound, Singapore dollar, Swiss franc, Thai baht, Japanese Yen and South African rand, it said.
  3. “The card will also provide forex rate lock-in with zero mark-up on cash withdrawals and shopping abroad. Travellers get protection against the frequent currency fluctuations by locking in the currency exchange rate they availed during the time of loading the card, and not pay different rates every time they use the card,” it said.
  4. The card comes with an online reload facility during overseas travel and is designed to offer travelers a secure way to carry money when travelling abroad, Standard Chartered Bank said in a statement.

KEYS:

  1. Standard Chartered PLC is a British multinational banking and financial services company headquartered in London, England
  2. It operates a network of more than 1,200 branches and outlets across more than 70 countries and employs around 87,000 people
  3. Headquarters: London, United Kingdom
  4. CEO: Bill Winters (10 Jun 2015–)
  5. Revenue: 14.06 billion USD (2016)
  6. Founded: 1969, London, United Kingdom
  7. Subsidiaries: Bank Permata, Standard Chartered Hong Kong,
  8. Parent organization: Standard Chartered Bank

 

Science and Technology

Reliance Defence launches first two naval patrol vessels Shachi and Shruti

  1. After the sixteen month the Reliance Infrastructure subsidiary Reliance Defence and Engineering Ltd (RDEL) has taken the scontrol of the Pipavav Defence and Offshore Engineering Company, two naval offshore patrol vessels (NOPVs) were launched at RDEL’s shipyard today in Pipavav, Gujarat.
  2. Vice admiral Girish Luthra, the flag officer commanding-in-chief, western Naval command at the RDEL shipyard, Pipavav, Gujarat said, “while we have constructed and commissioned a number of quality warships, our shipyards need to constantly strive to transform with an aim to achieve global standards in quality, productivity and build periods with focus on innovation, modern techniques, and processes, and all round efficiency”
  3. There are the some of the NOPVs, named ‘Shachi’ and ‘Shruti’, are the first warships to be launched by a private sector shipyard in India, and were launched by Preeti Luthra, wife of Vice-Admiral Girish Luthra, Flag Officer Commanding-in-Chief, Western Naval Command.

KEYS:

  1. Reliance Industries Limited is an Indian conglomerate holding company headquartered in Mumbai, Maharashtra, India
  2. Reliance owns businesses across India engaged in energy, petrochemicals, textiles, natural resources, retail, and telecommunications
  3. Stock price: RELIANCE (NSE) ₹ 1,616.05 +13.90 (+0.87%)
  4. 26 Jul, 10:28 AM IST – Disclaimer
  5. CEO: Mukesh Ambani (31 Jul 2002–)
  6. Owner: Mukesh Ambani (52%)
  7. Revenue: 3.301 trillion INR (2017, US$51 billion)
  8. Profit: ₹299 billion (US$4.6 billion) (2017)
  9. Founder: Dhirubhai Ambani
  10. Subsidiaries: Jio, Reliance Retail, Reliance Petroleum, Network 18,

 

SPORTS

Konsam wins gold in Asian Youth & Junior Weightlifting Championships

Konsam wins gold in Asian Youth & Junior Weightlifting Championships

  1. India’s great weightlifter Konsam Ormila Devi hass get in the act and has been get the big bang of the victory of the gold medal at the Asian Youth and Junior Weightlifting Championships in Kathmandu, Nepal.
  2. The weightlifter Konsam Ormila Devi is belong from the Manipur lifted 56kg in snatch and 70kg in clean & jerk for a total effort of 126kg in the 44kg weight category to finish on the top of the podium, according to a release from the Indian Weightlifting Federation.

KEYS:

  1. Manipur is a state in northeastern India, with the city of Imphal as its capital
  2. It is bounded by Nagaland to the north, Mizoram to the south, and Assam to the west; Burma lies to its east
  3. Districts: 16
  4. Formation: 21 January 1972†
  5. Population: 2.722 million (2011)
  6. Capitals: Imphal, Guwahati (Judiciary)
  7. Points of interest: Kangla Fort, Shree Govindajee Temple,

AWARDS & RECOGNITION

Nottingham firms receive royal stamp of approval with Queen’s Awards

Nottingham firms receive royal stamp of approval with Queen's Awards

  1. Nottingham’s which is the experts of the life sciences, engineering and the creative industries has been given the some of the big and the atestation of that royal stamp of approval.
  2. CEO Dr Simon Hirst said: “We’ve been lucky enough to have won quite a few business awards over the years but there aren’t any as prestigious as the Queen’s Award. “It’s quite important when you’re trying to win business in the USA because recognition like this carries a lot of weight. It’s also timely after moving into this state-of-the-art building. There aren’t many facilities like this outside Oxford and Cambridge so it’s good to show the East Midlands can compete and produce things at least as good as the rest of the country.”
  3. Sir John, who is also chairman of the Midlands Engine initiative for promoting economic growth across the region, said, “Life sciences is a really important sector. When you look at what Sygnature is doing here, the Queen Elizabeth Hospital in Birmingham, and the Defence and National Rehabilitation Centre in Stanford Hall, it’s bigger than the “golden triangle” of Oxford, Cambridge and London. That’s an important economic factor that the government clearly needs to take into account, while the life sciences is bringing great people to the area.”
  4. Managing director Ged Mace, who runs the 20-year-old business with wife Karen and son James, said, “The award is going to be excellent in helping us to get into new markets. In light of Brexit, the more ‘Britishness’ we can produce for overseas customers the better, so it stands us in good stead. As an industry and country, we’re one of the best in the world with regards to publishing and printing for the finishes we do so a lot of people come to companies in the UK to get the high-quality and standards that we can provide.”

KEYS:

  1. Nottingham is a city in central England’s Midlands region
  2. It’s known for its role in the Robin Hood legend and for the hilltop Nottingham Castle Museum and Art Gallery, rebuilt many times since the medieval era
  3. In the Lace Market area, once the centre of the world’s lace industry, the Galleries of Justice Museum has crime-related exhibits
  4. Wollaton Hall is an ornate Elizabethan mansion with gardens and a deer park

 

OBITUARY

Renowned scientist Professor Yash Pal passes away

Renowned scientist Professor Yash Pal passes away

  1. Dr Yash Pal, Scientist, communicator and institution builder, has died at the age of 90 years in Noida on Tuesday, he was the ranked in the such the scientists who espoused ‘Make In India’ decades before it became a politico-marketing cliché.
  2. PM modi has tweeted, “Pained by Professor Yash Pal’s demise. We have lost a brilliant scientist & academician who made a lasting contribution to Indian education. Interacted with Professor Yash Pal extensively on many occasions including the National Children’s Science Congress in Gujarat in 2009.”
  3. Yash Pal has been awarded by the the Padma Vibhushan in 2013.
  4. Dr Yash Pal has begun his career from the Mumbai’s Tata Institute of Fundamental Research. He was the great member of the ‘cosmic rays group’. He then attended the Massachusetts Institute of Technology for his PhD, after which he returned to the Tata Institute, where he remained until 1983.

IMPORTANT DAYS

July 27 1992 – Popular Bollywood Actor Amjad Khan Dies

July 27 1992 - Popular Bollywood Actor Amjad Khan Dies  On 27th July in the year 1992 the then popular Bollywood actor, he w

  1. On 27th July in the year 1992 the then popular Bollywood actor, he was famous for his villanious role for, Amjad Khan has died at the age of 51, in Mumbai.
  2. Amjad Khan the self-actor and director, famous for playing the role of dacoit Gabbar Singh in the 1975 classic film Sholay. He was born in the family Peshawar (British India), he was the son of legendary actor Jayant.
  3. In the year 1986, Amjad Khan has get in the accident of the Mumbai-Goa highway by that he get broken his ribs and also some of the injuries in the lung By these dangerous injuries he has also get in the coma, but fortunately, he recovered soon.
  4. By the drugs that were given him for the recover the injuries that is result in the gain of the weight which gives him the complaints of the lungs. On July 27th 1992, Amjad Khan gets died by the reason of the heart failure.

 

 

 

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