Current Affairs – 07/03/2017 – India clinch women’s hockey series against Belarus


In a first, IISc breaks into top 10 best small universities rankings:

  The Indian Institute of Science, Bangalore has entered into the top 10 global university rankings. The Times Higher Education (THE) revealed the ‘Best Small Universities in the World 2017’ in which IISc stood at number 8.

The first position is grabbed by CalTech of the United States of America while South Korea’s Pohang University of Science and Technology is at the third place. In the 2017 rankings, universities of France and Italian have taken three places in the top 10.

Pension benefits denied in HP:

The government of Himachal Pradesh denies pension benefits and the people states that they have been denied of pension benefits in the name of financial crunch and forced to work in MGNREGA as daily wagers and they are thrown away when they grew old. The allegation among the employees is out of 39000 PSU employees around 32000 receive pension and only a few are denied of these benefits.

International Yoga Festival at the Unofficial Yoga capital:


   Rishikesh is considered to be the unofficial yoga capital of world. The festival was started on March 1 and it is getting ended on March 7. The weeklong celebration took place with participants from around 100 countries.



Committee framed to select a New chairman for ICSSR:


The term for the current chairman Mr. S.K. Thorat of Indian council for social science research is coming to an end and the central government framed a two member committee to select the new chairman the members are National Research professor Ashok Modak and RSS linked Satish Mittal.



Bangladesh to receive additional 60MW of power from India:


North Eastern state Tripura agreed to supply 60 MW of power to Bangladesh, the country has been already receiving 100 MW from March 23, 2016.


Haryana announces Tirtha Darshan Sceme:

        Cheif Minister Manohar Lal Khattar announced that the state government had prepared a Tirtha Darshan scheme under which senior citizens above 60 years of age and of Haryana domicile would be able to go on a pilgrimage within the country at government expense.

The scheme would bear the entire cost of the tour of the senior citizens who belongs to below poverty line families. Around 400 destinations can be visited under the scheme.


Netlix partners with Airtel, Videocon, Vodafone:

Netflix announced partnerships with Bharti Airtel, Videocon d2h and Vodafone as the video streaming service provider looks to expand its reach in the Indian market.

India is one of the most important [markets] and we are delighted to be teaming up with three of India’s leading companies. The partnerships with Airtel and Videocon d2h is for set top boxes while the Vodafone partnership is for payment integration.

Netflix co-founder and CEO: Reed Hastings

Reliance Jio average download speed doubles in January at 17.42 mbps: TRAI

Reliance Industries chairman Mukesh Ambani said Jio’s services has crossed the 100 million mark in 170 days, and Jio customers consumed up to 100GB of data in January 2017. Now according to data put out by Telecom Regulatory Authority of India (TRAI), the average peak download speed on Reliance Jio network more than doubled to 17.42 megabit per second at the end of January.


Tech Mahindra to buy US healthcare IT firm CJS for $110 million:

  Tech Mahindra Ltd, India’s fifth-biggest software services exporter, will buy U.S.-based healthcare IT consulting firm CJS Solutions Group for an enterprise value of $110 million. CJS, which operates as the HCI Group, specialises in the implementation of electronic medical records (EMR) software.

Tech Mahindra, which will acquire CJS through a unit, will make an upfront cash payment of $89.5 million for the acquisition of 84.7 percent stake in CJS with the remaining 15.3 percent to be acquired over three years.

TRAI looking to provide high-speed internet at 2 paise per MB by easing access to Wi-Fi:

Telecom regulator TRAI plans to unshackle Wi-Fi deployment across the country by allowing individuals, communities, small-time entrepreneurs and content and application providers to offer affordable and high-speed internet to the public. The plan is to provide internet for 2 paise per MB against the existing rates of around 10 paise in the mobile telecom market.



SBI will penalise you for keeping low balance in account; ATM charges revised:

          After a gap of five years, State Bank of India has decided to reintroduce penalty on non-maintenance of minimum balance in accounts from April 1, and revised charges on other services, including ATMs.

The country’s largest bank will permit savings bank account holders to deposit cash three times a month free of charge and levy Rs 50 plus service tax on every transaction beyond that. In case of current account, the levy could go as high as Rs 20,000. As per the list of revised charges of SBI, failure to maintain Monthly Average Balance (MAB) in accounts will attract penalty of up to Rs 100 plus service tax.


Srinath Reddy made Advisor to Odisha Govt:

          Well-known public health expert K. Srinath Reddy has been appointed as Advisor to the Odisha Government by Chief Minister Naveen Patnaik. Prof. Reddy, who is presently president of the Public Health Foundation of India, has been given the rank of a Cabinet Minister.



Cairn India ropes in Melody Meyer, Atul Gupta as executive advisors:

Cairn India announced the appointment of former Chevron executive Melody Meyer and ex-CEO of BSG Resources Atul Gupta as executive advisors.  They will provide strategic direction and delivery focus to Cairn India, as the company embarks upon its growth journey of contributing to 50 per cent of India’s overall crude production.




Lalji Singh is SERB distinguished fellow:

          Former director of Centre for Cellular and Molecular Biology (CCMB) Lalji Singh has been selected for ‘SERB Distinguished Fellow’ award by the Science and Engineering Research Board (SERB), a statutory body of Government of India.


India beat Pakistan in Asia Men’s Rugby Sevens Trophy 2017:

The Indian men’s Rugby team, led by skipper Gautam Dagar, defeated Pakistan 14-12 to secure the 7th rank at the Asia Men’s Rugby Sevens Trophy held at Aspire Rugby Field in Doha, Qatar.
Philippines won the Asia Men’s Rugby Sevens Trophy and secured a place in the Asia Rugby Sevens Series, which will feature three legs and will be played between 1st September to 14th October 2017.


India clinch women’s hockey series against Belarus:

          Skipper Rani Rampal scored a brace as the Indian women’s hockey team beat Belarus 3-1 in the third match to clinch the five-Test series. The series is part of India’s preparations ahead of the Hockey World League (HWL) Round 2 tournament in Canada in April.




Former LS Speaker Rabi Ray passes away:

Eminent socialist leader, former Union Minister and former Speaker of the Lok Sabha Rabi Ray passed away due to prolonged illness at SCB Medical College and Hospital. He was 91.



 Liver transplant pioneer is dead:

Dr. Thomas Starzl, who pioneered liver transplant surgery in the 1960s and was a leading researcher into anti rejection drugs, has died. He was 90. The University of Pittsburgh, speaking on behalf of Dr. Starzl’s family, said the renowned doctor died at his home in Pittsburgh.