WEEKLY C.A. ONE LINERS FOR JUNE 01-JUNE 07

Download As PDF

NATIONAL AFFAIRS

• Shri M Rajeevan, Secretary of the Ministry of Earth Sciences of Institute of Oceanography in Goa announced  India to launch Deep Ocean Mission by January 2018.
• Minister for Statistics & Programme Implementation Shri D.V.Sadananda Gowda inaugurated the new office building of National Sample Survey Office(NSSO), Sankhyiki Bhawan in New Delhi.
• India rejects a request from Australia to join this year’s Malabar naval exercise which involves India, Japan and the US  held in the Bay of Bengal, Indian Ocean or West Pacific maritime regions.
• The Delhi Police launched a bicycle patrol scheme to increase police presence in congested areas of the city inaugurated by Union Minister of State for Home, Hansraj Gangaram Ahir.
• Defence Minister Arun Jaitley inaugurated a grid-connected solar power plant of 16 MW capacities at the Ordinance Factory in Telangana’s Medak set up at a cost of Rs 105 crore by Bharat Electronics Limited.
• India is now setting the stage for the Indian Mobile Congress (IMC)in September to attract investment in  Digital India, Make in India and others through knowledge-sharing.
• Bharat Electronics Ltd. (BEL) plans to spend 2,500 crore on R&D to develop and enhance indigenous products and technologies for the military by 2020
• Union Minister for Food Processing Industries Harsimrat Kaur Badal inaugurated Odisha’s first Mega Food Park at an investment of Rs 80.17 crore
• A stamp on noted playwright and theatre director late Balwant Gargi was released by BJP leader and Chandigarh MP Kirron Kher the Punjab University,
• The Indian Railways has introduced ‘Buy Now, Pay Later’service for passengers to book tickets online first and make payment for the reservations within a window of 15 days.
• P government approved increasing the superannuation age for the provincial medical services (PMS) doctors from earlier 60 to 62.
• The Telangana state launched the newly-created T-Wallet, the first official e-wallet from any state government in India with no additional charge for the citizens.
• Odisha will be able to warn its coastal population by pressing a single button from a control room in the Odisha capital in the event of natural disasters from July.
• India successfully test-fired it’s indigenously developed nuclear-capable Prithvi-II surface to surface missile with strike range of 350km and capable of carrying 500kg to 1000kg in Odisha coast.
• Maharashtra CM Devendra Fadnavis launched a web portal ‘Mahaswayam’ that will cater to job seekers, employers, entrepreneurs, and training institutes who can avail details regarding skill development and employment.
• Union Minister Nitin Gadkari launched the INAM PRO+ an e-commerce platform for construction and infrastructure raw material for government and private procurement.
• Varanasi will get the country’s first ‘freight village’spread over around 100 acres. The plan to set up this project close to the upcoming multi-mode terminal along the Ganga has attracted major players including Dubai Port World and IL&FS.
• The Punjab Government and the UK in principle decided to join hands to impart skill development and technical education to the youth
• The Haryana government has renamed HUDA (Haryana Urban Development Authority) with the Hindi name “Haryana Shahari Vikash Pradhikaran”
• Samsung India signed a MoU with the Ministry of MSME to setup two new Samsung Technical Schools in Bangalore and Jamshedpur.
• INS Khanderi, the second of the six Scorpene class submarines has sailed out from Mumbai harbour for its maiden sea sortie into the Indian Navy. The Delhi city’s Chanakyapuri area now has a new name – Alexander M Kadakin Marg –after the former Russian Ambassador to India who passed away in January.
• West Bengal Chief Minister Mamata Banerjee is composing a state song in Bengali and designing a state emblem for West Bengal.
• Maharashtra CM Devendra Fadnavis announced a farm loan waiver of Rs 30,000 crore
• Chandigarh will become India’s first city to have only women manage all public parking lots under a ‘smart parking system’.with Rs 14.78 crore parking contract.
• The Mumbai Metro One Pvt Ltd (MMOPL)has collaborated with Google Maps to give authentic timetable on all the Metro stations on Versova-Andheri-Ghatkopar route.
• Karnataka Chief Minister Siddaramaiah launched India’s first public bicycle sharing (PBS) initiative “Trin Trin” in Mysuru.
• Lieutenant-Governor Anil Baijal flagged off a fleet of garbage collection vehicles of the South Delhi Municipal Corporation (SDMC
• Maharashtra government is planning to set up a ‘Happiness Department’ which will work under the Relief and Rehabilitation department.
• Aadhaar has now been made mandatory to get subsidy on kerosene and benefits of the Atal Pension Yojana.
• Telangana government was first in the country to launch welfare schemes (pension 1,000 per month) for single women for the betterment of society.
• Chief Minister N Chandrababu Naidu launched ‘Sexed Semen for Cows Supply Scheme (SSCSS) and inaugurated mobile veterinary clinic under Sanchara Pasu Vaidya Seva Kendram
• The Ministry of Rural Development has selected Vizianagaram of Andhra Pradesh as one among the 17 districts across the nation for the MGNREGA annual award.
• Jharkhand has attracted an investment of Rs 700 crore, which will create employment opportunities in the state. 90 % of the Devnad Damodar River has become pollution free in the state.
• Venkaiah Naidu launched a campaign on source segregation of municipal waste for National Capital Region (NCR).
• Army chief General Bipin Rawat announced that women to be allowed in combat roles in Indian Army. Army was ready to recruit women as Jawans
• The National Thermal Power Corporation Limited(NTPC) has facilitated the installation of charging stations for electric vehicles at Delhi and Noida.
• The National Skill Development Corporation(NSDC) has signed a pact with Bird Academy to train more than 30,000 unemployed youth  to train and empower  minimum 5,000 women in the aviation and aerospace sector.
• Union Finance Minister Arun Jaitley said the Comptroller and Auditor General of India (CAG) will audit the Goods and Services Tax Network (GSTN). The known authorized capital of GSTN is Rs.10 crore
• The Habibganj railway station which is among the two railway stations of Bhopal  becomes the first world-class private station in the country as a public-private partnership (PPP). Also, it gets first ISO certified station in India.
• Railways To Reduce Emission By 33% By 2030 and will be using 5 per cent bio diesel and CNG/LNG for traction while stepping up use of renewable up to 10 per cent of its energy needs by 2030.
• India today successfully test-fired its first all weather tracked chassis Quick Reaction Surface to Air Missile (QR-SAM) from a mobile launcher at Integrated Test Range at Chandipur in Odisha.
• Maharashtra Chief Minister Devendra Fadnavis and Union minister Nitin Gadkari inaugurated a bridge on the Mumbai-Goa Highway measuring 239 metres with a cost of Rs 35.55 crore was completed in 165 days.
• The new MoU was signed by the National Health Mission’s (NHM) with the Tata Trust,Action Contre La Faim (Action Against Hunger) of France for Improved Nutrition (GAIN).in Rajasthan
• The Uttar Pradesh cabinet decided to rename the Mughalsarai railwaystation after RSS ideologue Deen Dayal Upadhyay.
• The Energy Efficiency Services Limited(EESL) under the Ministry of Power is going to retrofit 10 lakh conventional street lights with LED lamp in village panchayats in Andhra Pradesh.
• A MoU was signed between CISF(Central Industrial Security Force) and NSDC (National Skill Development Cooperation) to develop skills amongst the retiring/retired personnel of CISF, and their families for 5 years.
• The India Meteorological Department(IMD) is working on a forecasting system to give 15-day warnings on the likelihood of a malaria or chikungunya outbreak over different regions.
• Kerala is set to implement “Green Protocol” for wedding in order to curb the thermocol, plastics and other non-degradable articles
• Twelve international construction companies, including four Chinese and two Russian firms, have formally expressed interest in building the Rs 46,000-crore Nagpur-Mumbai Super Communication Expressway.
• The Maharashtra government has set up a five-member committee headed by a retired Bombay High Court judge Justice (retd) Dr S Radhakrishnan to plan modernization of prisons in the state.

INTERNATIONAL AFFAIRS

• Pakistan Prime Minister Nawaz Sharif inaugurated the first 660-MW unit of the Sahiwal coal power project in Punjab province of Pakistan under the $46-billion CPEC (China-Pakistan Economic Corridor).
• 70th World Health Assembly(WHA70) was held from 22nd to 31st may 2017 in Geneva, Switzerland.
• PM Narendra Modi attends the St Petersburg International Economic Forum held in Russia. This will be the first time that India will be a partner country in this business event.
• China launched a controversial cyber security law claiming to ensure its national security, which says it might hamper their operations.
• India and Spain stressed that there should be “zero tolerance”to terrorism and called on the international community to end “selective or partial”
• Nepali-Hindi film “Ralang Road”directed by Karma Takapa  will represent India at the 52nd Karlovy Vary International Film Festival at Karlovy Vary in the Czech Republic.
• India and Pakistan admission as full members to the Beijing-based Shanghai Cooperation Organisation (SCO) in security grouping’s summit in Kazakhstan
• India and Russia signed an agreement on setting up of two more units of a nuclear power plant in Tamil Nadu and decided joint manufacturing of frigates and coproduction of Kamov-226 military helicopters.
• Finance Minister Arun Jaitley will attend the annual meeting of China-led Asian Infrastructure Investment Bank (AIIB) to be held in mid-June in South Korea in Jeju Island.
• Indian-origin gay Minister Leo Varadkar set to become Ireland’s Youngest PM
• India and France vowed to work together for the implementation of the landmark Paris climate agreement and fight the challenge posed by terrorism.
• The UN General Assembly elected Cote D’Ivoire, Equatorial Guinea, Kuwait, Poland and Peruas the non-permanent members of the Security Council for a two-year term beginning January 1, 2018.
• The world’s fastest elevator that can operate at a record breaking speed of 1,260 metres per minute is set to be installed in a skyscraper complex in China.
• Bahrain, Egypt, Saudi Arabia and the United Arab Emirates to withdraw their diplomatic staff from Qatar citing that Qatar support for Islamist terrorist groups.
• Nepal has signed a major deal with a Chinese company Gezhouba Group Corporation (CGGC) to develop a 1,200 MW Budhigandaki hydroelectric project, the biggest hydro project in the landlocked country.
• Danish lawmakers have repealed a 334-year-old blasphemy law up to four months in prison upon conviction but also just fines in many cases.
• Cricketer Sachin Tendulkar joins a roster of global celebrities, including David Beckham and Novak Djokovic for a special UNICEF campaign ‘Super Dads’, coming just days ahead of Father’s Day (3^rd Sunday of June).
• Britain’s Prince Harry will begin his five-day visit to Singapore and Australia to hold charity events including one that supports children living in Africa.
• China has successfully tested a solid-fuel variable flow ramjet engine which has the advantage of low cost, high power, and high controllability with compact size.
• The First UNOcean Conference for protecting the ocean is among the main objectives of the Sustainable Development Goals  for the Ocean Conference taking place from June 5-9.
• The first university satellite of Mongolia which is named after the Mongolian endangered Gobi bear “Mazaalai” was sent off into space in the Kennedy Space Center, Florida, United States.

BANKING & BUSINESS

• In March, foreign portfolio investment of this year is at $9 billion was more than double the $3.8 billion FDI that flowed in last year. The fiscal year ended with $60 billion of foreign direct investment.
• A committee headed by financial services secretary Anjuly Chib Duggal will select CEOs for four state-run financial institutions from the Banks Board Bureau (BBB
• The Punjab National Bank has received $100 million as the first tranche of the Asian Development Bank for installation of rooftop solar systems in India.
• Mumbai (17), Delhi (22)and 7 other Indian Cities have featured in the list of top 300 global cities released by Jones Lang LaSalle (JLL). New York has ranked 1st in the list based on commercial attraction index and Tokyo has placed 1st in term of economic size.
• The Asian Development Bank(ADB) will provide a $616 million loan to Bangladesh to help in providing 100% access to electricity to its citizens by 2021.
• Tata Motors was awarded ‘HR Innovation of the Year’, for its significant contribution to skill development in the automotive sector at the Asia-Pacific Excellence Awards held in Hong Kong
• India signs loan agreement with the World Bank for USD 36 Million from World Bank and the remaining amount will be funded out of State Budget for Himachal Pradesh Public Financial Management Capacity Building Program
• India’s GDP grew 1 %year-on-year during the January-March and loses its status of the world’s fastest growing economy to China’s with their GDP grew 6.9% during the same quarter.
• India’s SREI Infrastructure Finance about to sign a $500 million joint venture with Russian state lender VEB (Vnesheconombank) to finance exports
• Bharti Airtel Ltd received approval from the SEBI and the country’s top exchanges BSE and NSE to merge Telenor (India) Communications Pvt. Ltd with itself.
• India ranked 137th in the 11th Global Peace Index while Iceland topped the list
• RBI will implement the Legal Entity Identifier (LEI) system for all participants in the over-the-counter markets for rupee interest rate derivatives, foreign currency derivatives and credit derivatives in India in a phased manner.
• SEBI barred Cypress Money Investment Advisor and its three partners after finding them guilty of providing unauthorised trading tips to investors.
• Niti Aayog predicts India’s economic growth to pick up to 5 percent in the fiscal year that ends in March 2018
• SBI announced financing of rooftop solar projects worth Rs 400 crore, with private developers.
• The Institute of Chartered Accounts of India(ICAI), has proposed to the finance ministry and RBI the concept of joint audit in private banks to enhance the quality of audit.
• Bank of India conducted a Star Mahotsav across the country on contacting every customer at their door step either for recovery of bad loans.
• Reliance Communication Head Anil Ambani announced the merged entity of Reliance Communications and Aircel will be called Aircom. RCom will hold a 50% stake in the new company.
• Gold, silver, and diamonds would be placed in a new GST Rate category of 3% while rough diamonds would attract a nominal rate of 0.25%
• SBI, Bank of Baroda and IDBI Bank, plan to raise Rs 58,000 crore through equity dilution during the current fiscal to meet Basel-III norms.
• India’s GDP or gross domestic product growth is expected to remain flat at 1 per cent in current fiscal year according to a report released by HSBC
• Andhra Bank and Allahabad Bank have put up for sale nearly Rs 6,000 crore of bad loans.
• HDFC Ltd has acquired a 15% stake in Tanzania’s First Housing Finance for $1.5 million that still has to commence operations.
• The World Bank reported the global economy expected to grow by 2.7 % for 2017, rising to 2.9 % in 2018 and 2019.India to expand by 1%  and China at 6.5%.
• India ranked 45^th in terms of competitiveness in the annual rankings of IMD.  Hong Kong tops the list. Switzerland and Singapore were ranked second and third
• India has surpassed China to secure the top position among 30 developing countries on ease of doing business reported by  16^th edition of 2017 Global Retail Development
• ICICI Bank commissioned over 200 solar powered ATM sites in the last one year as part of its efforts to reduce carbon footprint and use more clean energy.
• The National Stock Exchange(NSE) launched its trading at Gujarat International Finance Tec-City (GIFT City) near Gandhinagar, Gujarat.
• “TRAI”launched three apps and a portal for service providers. The three apps – TRAI MyCall App, auto test enabled MySpeed app and Do-not-disturb 2.0 app.
• Adani Enterprises has given final investment approval for its controversial $4 billion Carmichael mine and rail project in Queensland.
• Tiny Montenegro joined the NATO in a historic turn that has made formally to become the 29th member of the Western military alliance.
• Japanese technology giant NEC, which announced a new Centre of Excellence in India, it will be investing $10 million over the next three years in the country.
• EPFO has extended the deadline for submitting Aadhaar number to June 30 for it’s over four crore members.
• Public sector Canara Bank has cut MCLR rates by 05 percentage point for various maturities with effect and sanctioned credit limits renewed from June 7, 2017 the new MCLR will be 8.10 %
• The board of directors of Adani Power approved the transfer of its Mundra (Kutch) power plant to a separate subsidiary, Adani Power (Mundra) Ltd.
• The HRD ministry and Canara Bank have set up an agency to fund creation of infrastructure and research facilities at higher education institutes to raise up to Rs 20,000 crore
• India signed a USD 39.2 million(over Rs 251 crore) loan agreement with the World Bank for the ‘Citizen Centric Service Delivery‘ of 5-year project in Assam.
• Vijaya Bankhas announced that it plans to develop as many as 100 digital villages  to promote digital banking among the rural population.
• The proposed mergerbetween Aadhar Housing Finance and DHFL Vysya Housing Finance has hit the final lap with it getting the nod from housing finance regulator National Housing Bank

SCIENCE & TECHNOLOGY

• NASA has announced the launch of its spacecraft named as “Solar Probe Plus”will aim to fly for the sun in 2018.
• Researchers at IIT Kharagpurhave developed a new technology “2g bioethanol which will change the way biofuel is manufactured by making the process cheaper, and pollution-free.
• Astronomers have discovered the hottest planetever known as “Kelt-9b”, with a temperature more than 4,300 degrees Celsius, 8 times more massive than Jupiter

APPOINTMENTS & RESIGNS

• Former Indian Ambassador to US Nirupama Raohas been appointed as a public policy fellow to a Washington-based think-tank and will work on a project on the Sino-India ties.
• Aleksandar Vucicwas sworn in as President of Serbia.
• Jet Airways has announced the appointment of Vinay Dubeas its Chief Executive Officer (CEO).
• Historian and author Ramachandra Guharesigned from BCCI’s panel of administrators.
• The UN General Assembly elected Slovak foreign ministerMiroslav Lajcak to be the next president of the 193-member powerful body.
• Indian Oil Corporation Ltd(IOCL) has appointed Sanjiv Singh as the new chairman of the company with immediate effect. He will succeed  Ashok.
• Citi bankhas appointed Shinjini Kumar as head of consumer banking business in India and replaces Kartik Kaushik who moves to a global consumer banking role in the US.
• KarnatakaHome Minister G Parameshwara resigned from the post ahead of the 2018 Assembly polls.
• Tesla Elon Muskand Disney’s Robert Iger were resigned from White House advisory councils after President Trump announced that he is withdrawing the United States from the Paris climate accord 2015.
• RBI has appointed Ganesh Kumaras Executive Director (ED) after the voluntary retirement of Chandan Sinha.
• Ravi Narain, former managing director and chief executive officer of the National Stock Exchange (NSE) resigned as the vice-chairman.
• Shashi Shekhar Vempati of Infosys Technologies,has been appointed the new chief executive officer (CEO) of public broadcaster Prasar Bharati. Vempati,
• Economic Affairs Secretary Shaktikanta Dasannounced his retirement as the Corporate Affairs Secretary. He will be succeeded by Tapan Ray who will take the additional charges as the new Economic Affairs Secretary.
• Shri Param Jit Manncurrently Joint Secretary in the Ministry of External Affairs, has been appointed as the next Ambassador of India to the Slovak Republic.
• FC Goaappoints Sergio Lobera Rodriguez as their new head coach for the next two years.
• David Rank,Acting US ambassador to china quit from his post cited President  Donald Trump’s decision to withdraw from the Paris climate accord.
• Bollywood actress Dia Mirzawas appointed brand ambassador for the Wildlife Trust of India (WTI) on World Environment Day.
• Tata Motors has appointed Satish Borwankar as the Chief Operating Officer of the company.
• Astronomers have discovered the hottest planetever known as “Kelt-9b”, with a temperature more than 4,300 degrees Celsius, 8 times more massive than Jupiter

AWARDS

• Indian Americanauthor Jhumpa Lahiri has been announced as the recipient of the 2017 PEN/Malamud Award for Excellence in the Short Story.
• Ganeshan, Competitions Manager of the ITTFhas become a member of the prestigious Umpires and Referees Committee (URC), the technical arm of the ITTF.
• Veteran journalist Vinod Duawill be honoured with the RedInk Award for Lifetime Achievement in Journalism while Raj Kamal Jha, Chief Editor of The Indian Express, will receive the Journalist of the Year award for 2017
• BEML Ltdhas bagged the ‘Raksha Mantri’s Award for Excellence’ under the group award category for design and development of 180 tonne class electric hydraulic excavator – BE1800E.
• Filmmaker Madhur Bhandarkar is being conferred with the Bharat Gaurav Award by NRI Community of U.Son June 9
• Popular writer Anand Neelakantan, Odia poet Haraprasad Dasand author Paramita Satpathy were on announced the winners of the Kalinga Literary Awards.

IMPORTANT DAYS

• June 1^st – World Milk Day. Theme of 2017:   “Raise a glass”
• June 1^st – Global Day Of Parents
• June 4 – International Day Of Innocent Children Victims Of Aggression
• June 5 – World Environment Day 2017. Theme of 2017: ‘Connecting People to Nature’
• June 6: UN Russian Language Day

BOOK & AUTHORS

• Shri Pranab Mukherjeereceived the first copies of book Lalan Shah Fakir Ke Geet written by  Muchkund Dubey and DVD of selected songs of Lalan Shah Fakir at Rashtrapati Bhavan.
• The Book “Ministry of Utmost Happiness” fiction based novelauthored by Arundhati Roy and published by Hamish Hamilton UK and Penguin India.

SPORTS

• Kohli, Dhoni, Yuvraj, Raina placed in ESPN World Fame 100 Lists. Top spotis occupied by Portuguese footballer Cristiano Ronaldo
• Chinese Smartphone maker Vivohas signed on to sponsor the 2018 and 2022 FIFA World Cups.
• Cricket South Africaunveiled a logo of the new T20 Global League The league, similar to IPL, will be played in late 2017 with the final on Dec. 16^th .
• The cricket board for West Indies, on its 91stanniversary, has re-branded themselves as Cricket West Indies.The cricket team from now on will be officially known as ‘WINDIES’.
• Shubham Jaglanwon the European Junior title with a stroke margin win over USA’s Jaivir Pande at the Glen Golf Club, North Berwick, Scotland.
• World junior record-holder Neeraj Chopraclinched the men’s javelin gold with a throw in the 21st Federation Cup athletics championship at the Netaji Subhash National Institute of Sports Complex in Punjab.
• Mo Farahhas completed the fastest winning time of the year in the 5,000m, clocked up a time of 13 minutes 00.70 seconds to win the event at the Diamond League in Oregon,  US State.
• Manika Batraandand Mouma Das became the first Indian pair to reach the quarterfinals of the World Table Tennis Championships in Dusseldorf,  Germany.
• Nitin Sinha and Mihika Yadavemerged champions in the boys’ and girls’ events in the HCL Asian junior tennis championship in the Shri Shiv Chhatrapati Sports, Pune.
• Sri Lanka captain Upul Tharangahas been banned for the next two ICC Champions Trophy matches due to a slow over-rate.
• Sai Praneethcaptured the men’s singles title in the $1, 20,000 Thailand Open Grand Prix badminton championship defeating Indonesian Jonatan Christie.
• Real Madridbecomes the first team to ever win back-to-back Champions League titles. Real Madrid beat the rival team Juventus in the last match of the season.
• Ramkumar Ramanathanbeat the second seed Raymond Sarmiento of the U.S in the final of the USD 15,000 ITF men’s Futures tennis tournament in Singapore.
• Virendra Ojha, became thefirst Indian to complete the Comrades Marathon in South Africa, winning a bronze at the world’s oldest ultra marathon race.

OBITUARY

• Tamil poet  Abdul Rahman, popularly known as ‘Kavikko’passed away in Chennai.
• Character actor Shivraj of Hindi cinema of the 1950s and the 60s, died
• Veteran journalist S.V. Hari, a former IANS Bureau Chief in Chennai passed away.
• Saudi arms dealer Adnan Khashoggi, a tycoon known for his lavish billionaire lifestyle died in London.
• Tamil Nadu’s veteran politician &former parliamentarian Era Sezhiyanpassed away.
• Veteran Spanish writer Juan Goytisolo, one of Spain’s most celebrated writers of the post-war period passed away. He won the Cervantes Prize