Current Affairs Today – September, 9th, 2017 | Latest News and Updates

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Current Affairs Today – September, 9th, 2017 | Latest News and Updates

INDIAN AFFAIRS

Gujarat Government announces Rs 1 lakh cash reward to find out Blue Whale curators

Gujarat Government announces Rs 1 lakh cash reward to find out Blue Whale curators

  1. The Gujarat government on Thursday has been did the announcement and give the challenge for the rewards of Rs 1 lakh who will tel about the “administrators and curators” of the deadly Blue Whale Challenge.
  2. Minister of State for Home, Pradipsinh Jadeja, said that the cyber cell of the state police has initiated the helpline number — 079-22871917 — for anyone seeking information on the online game which has resulted in several young people allegedly killing themselves worldwide.
  3. “The state government has banned Blue Whale Challenge. Educational institutes are taking steps to create awareness about its adverse impact, and the police’s cyber crime cell has launched a helpline number for parents seeking to know what they should do when they find out their children playing the game,” he was quoted as saying in a release.
  4. “If anybody provides information on its curator/administrator, he will be given Rs 1 lakh reward and his name will be kept secret,” he said.

KEYS:

  1. Gujarat, India’s westernmost state, has varied terrain and numerous sacred sites
  2. In its urban center of Ahmedabad is the Calico Museum of Textiles, displaying antique and modern Indian fabrics
  3. Spiritual leader Mahatma Gandhi’s base from 1917–1930 was Sabarmati Ashram, where his living quarters remain on view
  4. The Jama Masjid (Friday Mosque), built in the 15th century, has a huge courtyard and a columned design.
  5. Capital: Gandhinagar
  6. Districts: 33
  7. Colleges and Universities: Gujarat Technological University

 

Government allows import of 3 lakh metric tonnes of raw sugar through southern ports at concessional duty of 25 %

Government allows import of 3 lakh metric tonnes of raw sugar through southern ports at concessional duty of 25 %

  1. The government on Thursday has given the approval for the of 3 lakh tonnes of raw sugar at the low rate of the 25% to augment domestic supplies ahead of the festive season.
  2. Before the it has started the hike of the importation in the month of the July by the rate the 50% from 40% to curb dumping of the commodity in India as international prices fell. For the growth of the importation, it has given the approval of the import of the 3 lakh tonnes of raw sugar at 25% duty for conversion to white sugar, a senior official said.
  3. Sugar production in India, is the world’s second largest producer, is estimated to decline to around 21 million tonnes (MT) in 2016-17 season ending September from 25 MT in the previous year. The annual demand is 24-25 MT. In the month of the April allowed duty free import of 5 lakh tonnes of raw sugar to boost domestic supply.
  4. In the last month there is the stock of the import of the sugar mills for the next two months to keep prices in check during the festive season. By the end of September, a mill cannot keep more than 21% of its total sugar availability for the entire 2016- 17 marketing year and a factory cannot hold more than 8% at the end of October, according to the government notification issued last month.

 

Social revolution in a JAM

  1. In a post on Facebook made on the third anniversary of the Pradhan Mantri Jan Dhan Yojana (PMJDY) last week, the Finance Minister reportedly said: “Just as GST (goods and services tax) created one tax, one market, one India, the PMJDY and the JAM revolution can link all Indians into one common financial, economic, and digital space. No Indian will be outside the mainstream.”
  2. In a event there is the suggestion of the importation of the event has been initiated. JAM, that has come from the Jan Dhan, Aadhaar and Mobile, combines bank accounts for the poor, on whom there are the rarly the ammount that will they will pay, direct transfer of benefits into these accounts and the facility of making financial payments through mobile phones.
  3. Aadhaar is the main things by which there is the reach of the every of the contains of the poor and enabling them to make payments through ordinary mobile phones. For furthering the latter, the government has devised the Bharat Interface for Money (BHIM) app.
  4. The Minister spoke of these developments as a “social revolution”, perhaps alluding to the feature that the poor are the most direct beneficiaries.

KEYS:

  1. Country- India
  2. Prime Minister(s)- Narendra Modi
  3. Ministry- Finance
  4. Key people- Arun Jaitley
  5. Launched- 28 August 2014; 3 years ago
  6. Website- www.pmjdy.gov.in
  7. Status: Active

 

 

INTERNATIONAL AFFAIRS

Mongolian PM Erdenebat, his cabinet voted out over graft allegations

Mongolian PM Erdenebat, his cabinet voted out over graft allegations

  1. Mongolian lawmakers has announced for the reject of the prime minister and his Cabinet for the inconvenience and in the case of the corruption it has been signing of government contracts with companies linked to three Cabinet members.
  2. In this there are many of the law makers are the Mongolian People’s Party joined with members of the opposition to pass the motion, demanding that Prime Minister Jargaltulga Erdenebat and his 14-month-old Cabinet resign over the granting of contracts worth $328 million.
  3. The MPP controls 65 seats in the 76-member Great Hural, with the opposition Democratic Party and independents sharing the remainder. In this there are the 73 lawmakers present during the voting late Thursday, 33 from the MPP and nine opposition and independent lawmakers voted for the dismissal.
  4. Parliament has been expecting for the appointment of the Cabinet and prime minister in 45 days, and the current officials will continue serving in the interim.

KEYS:

  1. Mongolia, a nation bordered by China and Russia, is known for vast, rugged expanses and nomadic culture
  2. Its capital, Ulaanbaatar, centers around Chinggis Khaan (Genghis Khan) Square, named for the notorious founder of the 13th- and 14th-century Mongol Empire
  3. Also in Ulaanbaatar are the National Museum of Mongolia, displaying historic and ethnographic artifacts, and the restored 1830 Gandantegchinlen Monastery.
  4. Capital: Ulaanbaatar
  5. Currency: Mongolian tögrög
  6. Official scripts: Mongolian Cyrillic; Mongolian script
  7. Points of interest: Gorkhi-Terelj National Park

 

India keeps off ‘Bali Declaration’

India keeps off ‘Bali Declaration’

  1. In the term of the solidarity with Myanmar, India on Thursday has avoid for the adaptation of the some of the international conference here in Indonesia as it carried “inappropriate” reference to the violence in Rakhine State from where 1,25,000 Rohingya have fled to Bangladesh.
  2. “Therefore, the proposed reference to the violence in Rakhine State in the declaration was considered as not consensus-based and inappropriate,” the release said.
  3. The part of the declaration to which India objected spoke of the forum expressing “deep concern on the ongoing violence in the Rakhine State of Myanmar, amongst others…”
  4. The declaration went on to “call on all parties to contribute to the restoration of stability and security, exercise maximum self-restraint from using violent means, respect the human rights of all people in Rakhine State regardless of their faith and ethnicity, as well as facilitate safe access for humanitarian assistance.”
  5. “This was in view of the fact that the declaration, which was to be adopted at the conclusion of the Forum, was not in line with the agreed global principles of ‘sustainable development’,” said a press release issued by the Lok Sabha Secretariat.

 

Debt, project delays worry Bhutan

  1. In the term of the Doklam standoff brought a spotlight on India-Bhutan ties, and in this there are the hydropower project construction need greater focus, said senior Bhutanese experts and officials, flagging concerns during a two-day conference here.
  2. “Hydropower projects are critical for the Bhutanese economy, and are at the core of Bhutan’s plans for self-reliance ever since the first five-year plans in 1961,” Dasho Karma Ura, president of the Centre for Bhutan Studies and Gross National Happiness (GNH) Research.
  3. “What concerns us is that the partnership seems to be going backwards. A decade ago, we shifted from doing one project at a time to doing many projects together, in order to reach the goal of 10,000 MW in hydropower by 2020. Maybe we just weren’t ready and should rethink it,” said a senior official of the committee.
  4. “While the [Doklam situation] showed that government to government relations can be strengthened very quickly, it is important that hydropower, which is a key issue for the Bhutanese people also be looked at more quickly,” Mr. Ura said.

KEYS:

  1. Bhutan, a Buddhist kingdom on the Himalayas’ eastern edge, is known for its monasteries, fortresses (or dzongs) and dramatic landscapes that range from subtropical plains to steep mountains and valleys
  2. In the High Himalayas, peaks such as 7,326m Jomolhari are popular trekking destinations
  3. Paro Taktsang monastery (also known as Tiger’s Nest) clings to cliffs above the forested Paro Valley.
  4. Capital: Thimphu
  5. King: Jigme Khesar Namgyel Wangchuck
  6. Currencies: Indian rupee, Bhutanese ngultrum

BANKING & FINANCE

IT & BPO sector: ‘Automation may eat away 35% low-skilled jobs by 2022’

IT & BPO sector: ‘Automation may eat away 35% low-skilled jobs by 2022’

  1. The growth of the adaptation of the rule of the artificial intelligence, that are very low in the India’s IT & BPO sector are expected to witness a 35 per cent decrease by 2022, according to a report by US-based firm HfS Research.
  2. “The next five years we can manage, it’s the five after that when the impact on labor becomes much more challenging,” Phil Fersht, CEO and chief analyst of HfS Research said.
  3. “This skilling/ re-skilling initiative will translate into 1.5-2 million people working on next-gen technologies in India within 4-5 years,” it had said.
  4. The workers who are in the side of the medium has been seen in the 900,000 in 2016 to 1 million in 2022, the number of high-skilled jobs could rise to 510,000 in 2022 from 320,000 in 2016.
  5. “The emergence of RPA is eventually going to sound the death knell for most high-throughput, high-intensity jobs, as both service providers and enterprises master the ability to apply these technologies effectively,” it said.
  6. In February, former Infosys CEO Vishal Sikka had said: “… all you have to do is walk into any one of our floors at any company in the IT BPO industry and it becomes starkly clear as you walk around the floor that a huge number of these jobs are going to go away…”

 

Current account deficit may widen to 3 per cent in April-June: Nomura

Current account deficit may widen to 3 per cent in April-June: Nomura

  1. The country’s current account effect that has been raise to the 3 per cent in the second quarter of 2017 because of the sharp deterioration in trade deficit says a report.
  2. More than the half of the March or first quarter of 2017, current account deficit widened to USD 3.4 billion, or 0.6 per cent of gross domestic product (GDP).
  3. “We estimate that the current account deficit widened to a four-year high of 3 per cent of GDP in the second quarter from a low of 0.6 per cent in first quarter of 2017,” Nomura said in a report here today.
  4. “But we see this as a sustainable level given high real rates and ongoing economic reforms, which should continue to attract FDI inflows,” the Japanese brokerage said.

 

ICICI Lombard IPO to Open On September 15

ICICI Lombard IPO to Open On September 15

  1. ICICI Lombard General Insurance Company’s initial public offering will open for subscription from the September 15. ICICI Bank said in the notification of the stock exchanges, said the IPO will close on September 19.
  2. The bank has also announced for the some IPO offer will be advertised at least five working days prior to the subscription opening date.
  3. ICICI Bank also announced that the in the offer there will be the reservation of up to 43.12 lakh shares of ICICI Lombard for ICICI Bank’s existing shareholders.
  4. The IPO involves dilution of up to 8.62 crore shares of face value of ₹10 each of ICICI Lombard General Insurance. While ICICI Bank (promoter-seller) will sell up to 3.176 crore shares in the IPO, FAL Corporation (investor-selling shareholder) is offering up to 5.44 crore shares.
  5. ICICI Lombard is a joint venture between ICICI Bank and Canada-based Fairfax Financial Holdings Ltd.

KEYS:

  1. ICICI Bank is an Indian multinational banking and financial services company headquartered in Mumbai, Maharashtra, India, with its registered office in Vadodara
  2. CEO: Chanda Kochhar (1 May 2009–)
  3. Headquarters: Mumbai
  4. Founder: Industrial Credit and Investment Corporation of India
  5. Founded: June 1994, Vadodara
  6. Revenue: 13 billion USD
  7. Subsidiaries: ICICI Prudential Life Insurance, ICICI Lombard

Science and Technology

SpaceX set to launch the X-37B, the Pentagon’s secretive autonomous space drone

SpaceX set to launch the X-37B, the Pentagon’s secretive autonomous space drone

  1. On Thursday, after the success of the great launch at the Cape Canaveral Air Force Station in Florida, the X-37B that head for the wide area of the range that has been called as the Earth orbit, home to the International Space Station and all sorts of military and commercial satellites.
  2. Air Force warned in a statement that “the actual duration depends on test objectives, on-orbit vehicle performance and conditions at the landing facility, the primary objectives of the X-37B are twofold: reusable spacecraft technologies for America’s future in space and operating experiments which can be returned to, and examined, on Earth.”
  3. “Space has become so critical to the way we fight and win wars, it can no longer be subordinate,” Rep. Mike D. Rogers, a Republican from Alabama who serves on the House Armed Services Committee, said at an event this week at the Center for Strategic and International Studies. The Space Corps would focus on “space domination,” he said.
  4. On a fact sheet, the Air Force says that, “the primary objectives of the X-37B are twofold: reusable spacecraft technologies for America’s future in space and operating experiments which can be returned to, and examined, on Earth.”

KEYS:

  1. Space Exploration Technologies Corporation, better known as SpaceX, is an American aerospace manufacturer and space transport services company headquartered in Hawthorne, California
  2. Founder: Elon Musk
  3. Founded: 2002
  4. CEO: Elon Musk (2002–)
  5. Headquarters: Hawthorne, California, United States
  6. Number of employees: 6,000
  7. Type of business: Privately held company

 

SPORTS

Sloathe Stephens outlasts Venus Williams to reach the maiden grand slam final

Sloathe Stephens outlasts Venus Williams to reach the maiden grand slam final

  1. Sloane Stephens, who has got the great leave of the 11 month because of the foot injury before the July, reached her first Grand Slam final by outlasting Venus Williams 6-1, 0-6, 7-5 Thursday at the US Open.
  2. “I just worked my tail off and tried to run every ball down and here we are,” Stephens said. “It required a lot of fight and a lot of grit.”
  3. “I have no words to describe what I’m feeling, what it took to get here, the journey I’ve been on. It’s incredible. I don’t know how I got here. Your guess is as good as mine. Just hard work. That’s it.” Stephens said.
  4. “It was definitely well competed. Just made so many errors at the end there… I wasn’t playing well. Just wasn’t playing well.” Williams said. “In the end she won more points than I did and that’s what it added up to.

AWARDS & RECOGNITION

International Newswire: James Corden to Be Honored at Rose d’Or Awards

International Newswire: James Corden to Be Honored at Rose d’Or Awards

  1. James Corden has been given the reward of the Rose d’Or Awards; international critics crown Aki Kaurismäki’s latest film as the year’s best movie; and Daniel Mays, Emilia Jones and Bella Ramsey join acclaimed photographer Tom Beard’s feature debut ‘Two for Joy.’
  2. James Corden, host of CBS’ “The Late Late Show,” will be named Entertainer of the Year at the 56th Rose d’Or Awards ceremony in Berlin on Sept. 19. The inaugural award recognizes “the contribution to the world of entertainment of one talented individual over the past 12 months,” according to the European Broadcasting Union (EBU), which presents the prize.

KEYS:

Here are the name of the awardee:

  1. ‘THE OTHER SIDE OF HOPE’ IS THE BEST FILM OF THE YEAR, FIPRESCI SAYS
  2. ‘TWO FOR JOY’ ADDS DANIEL MAYS, EMILIA JONES, BELLA RAMSEY
  3. FOX NETWORKS GROUP IBERIA, CBS PACT ON ‘SEAL TEAM,’ ‘INSTINCT’
  4. LINEUP, ZDF INK DISTRIBUTION PACT
  5. AMAZON’S GERMAN HIT ‘YOU ARE WANTED’ MOVES INTO 2ND SEASON
  6. INDIANS TO WATCH LOCAL ‘LIP SYNC BATTLE’

 

OBITUARY

Pierre Bergé, Transformative Fashion Executive, Dies at 86

Pierre Bergé, Transformative Fashion Executive, Dies at 86

  1. Pierre Bergé, who has brought the change in the French fashion industry as the managerial genius behind Yves Saint Laurent, and also has brought the very great of the intense of the czar of Paris opera, died on Friday at the age of 86 years in Saint-Rémy-de-Provence, France.
  2. Bergé and Mr. Saint Laurent, then lovers, co-founded the fashion house in the year 1961 and who was the lifelong business partners, and after that who get disparate as the couple in the 1980s. Mr. Bergé ran the house for four decades, until 2002.
  3. Besides this, he seemed to relish the controversy that his wealth, power and prickly personality brought him. Well before the death of Mr. Saint-Laurent in 2008, Mr. Bergé had become a social superstar in his own right.

 

IMPORTANT DAYS

9th September 1920: The Anglo-Oriental College of Aligarh was converted into the Aligarh Muslim University

9th September 1920: The Anglo-Oriental College of Aligarh was converted into the Aligarh Muslim University

  1. On 9th September in the year 1920 the Mohammedan Anglo-Oriental College (MAO College) of Aligarh has been change in the Aligarh Muslim University (AMU). The main location of the AMU is located in Aligarh and two functioning off campus centres are located in Malappuram and Murshidabad.
  2. It have some of the 30,000 students, 1,400 teachers and 6,000 non-teaching staff on its payroll. In this university, there are the 12 faculties in 95 departments, 5 institutions and 13 centres, 18 halls of residence with 73 hostels.

KEYS:

Some of the notable alumni of the Aligarh Muslim University are:

  1. Zakir Hussain (Former President of India)
  2. Mohammad Hamid Ansari (Current Vice-President of India)
  3. Raja Rao (English novelist and short story writer)
  4. Dhyan Chand (Hockey wizard and Olympian)
  5. Naseeruddin Shah (Hindi film actor)
  6. Syed Mahmood Naqvi (Scientist)
  7. Tahir Mahmood (Member, Law Commission of India)

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