DAILY CURRENT AFFAIRS: JULY 14, 2018
DAILY CURRENT AFFAIRS: JULY 14, 2018
Daily Current Affairs (July 14, 2018) like many other sections is inevitable and this also helps to score in the Banking awareness , Static GK and Financial Awareness sections. Remember, Banking Awareness and Static Awareness Questions are asked from the General Awareness section. This will also help you to ride your preparations for the forthcoming exams.
Sushma Swaraj Embarks 2-Day Visit To Manama
The External Affairs Minister Sushma Swaraj will embark on a two-day visit to Manama to co-chair the second High Joint Commission meeting with her Bahraini counterpart.
During the visit, Mrs Swaraj will inaugurate the new Chancery building complex and address the Indian community. She will also hold meetings with the political leadership.
The visit is expected to provide an opportunity to identify new areas of cooperation between both countries.
Currency: Bahraini dinar
Telecom Commission of India Approves Net Neutrality
The Telecom Commission has approved net neutrality rules which bar service providers from discriminating against Internet content and services by blocking, throttling or granting them higher speed access.
The net neutrality was recommended by Trai but some critical services will be kept out of its purview.
TC also approved the new telecom policy — National Digital Communications Policy 2018 — for seeking approval of the Union Cabinet.
Swachh Survekshan Grameen: Survey launched to rank States on rural cleanliness
The Centre has launched the Swachh Survekshan Grameen, 2018, a nationwide survey of rural India to rank the cleanest and dirtiest States and districts on the basis of qualitative and quantitative evaluation.
A random selection of 6, 980 villages achnross 698 districts will surveyed during the month of August.
The Swachh Survekshan Grameen awards are expected to be announced in time for Mahatma Gandhi’s birth anniversary on October 2.
An audio-visual publicity campaign featuring Swachh Bharat ambassadors Amitabh Bachchan and Sachin Tendulkar was also launched.
Madhya Pradesh CM Inaugurated NTPC’s Solar Plant
ivraj Singh Chauhan dedicated the state-run power giant NTPC’s 250 MW Solar Power Plant in Suwasra, District Mandsaur to the state.
This project has been set up by NTPC at an investment of about Rs 1,500 crore.
It is established mainly on non-agricultural land and generation of electricity has been achieved without affecting the natural eco-system with zero carbon emission.
Under the Make in India initiative, this is one of the biggest solar plant developed using domestically manufactured Solar cells and modules.
Government constituted a high-level task force to reduce import
The government has set up a high-level task force under the chairmanship of Cabinet Secretary P K Sinha to identify various items and policy interventions to reduce dependence on import.
The task force includes secretaries from departments of commerce, industrial policy and promotion, skill development, revenue, defence production, steel, petroleum, electronics and telecommunications.
India’s imports stand at around USD 450 billion per year. It would suggest ways to cut import of those items which can be manufactured or explored in the country.
Niti Aayog proposes 15-point action plan to deal with air pollution
Niti Aayog has proposed 15-point action plan for combating air pollution in ten most polluted cities in the country, including Delhi, Kanpur and Varanasi.
The draft action plan titled ‘Breathe India’ includes encouraging electric vehicles, phasing out private diesel vehicle and development of crop residue utilisation policy.
According to a recent WHO database (2018), Kanpur, Faridabad, Gaya, Varanasi, Agra, Gurgaon, Muzaffarpur, Lucknow and Patna are the top ten most polluted polluted cities in India.
UN Secretary-General Constitutes High-Level Panel On Digital Cooperation
The United Nations Secretary-General Antonio Guterres has constituted a High-Level Panel on Digital Cooperation.
The panel will be co-chaired by Melinda Gates, Co-Chair of the Bill & Melinda Gates Foundation, and Jack Ma, Executive Chairman of Alibaba Group.
The Panel would identify research,policy and information gaps, and make paths to strengthen international cooperation in the digital space.
The Panel has a total of 20 members, representing a cross-section of expertise from government, private industry, civil society, academia and the technical community.
BANKING AND ECONOMY
L&T bags contract to build India’s tallest office building in Amaravati
The Engineering and construction major Larsen & Toubro (L&T) has bagged a prestigious project for the engineering, procurement and construction of Head of Department (HoD) office buildings at Amaravati, Andhra Pradesh.
The order was awarded by the Andhra Pradesh Capital Region Development Authority (APCRDA). It is the first project in combination with Automatic Climbing Formwork System (ACFS) Et Diagrid and will be the tallest government office building in India.
The $18 billion conglomerate has also received an order for the construction of a tourism-related facility in Muscat, Oman. The orders valued at ₹3,000 crores were received by building and factories division of L&T
RBI: Purchaser’s Name on face of payment instrumentalities Compulsory
In order to address the concerns arising out of the anonymity and to prevent money laundering, the Reserve Bank has now made it compulsory to incorporate the purchaser’s name on the face of demand draft, pay order, banker’s cheques and other instruments.
The RBI issued a notification in Mumbai to this effect to the banks. This directive will come into effect from 15th of September this year.
Governor: Urjit Patel
Mukesh Ambani pips Alibaba’s Jack Ma to be Asia’s richest billionaire
Mukesh Ambani-led Reliance Industries has broken three records in the past two days.
The records are his company initially entered the $100-billion market cap club, then it breached the Rs 7-lakh crore market valuation, and now India’s richest man has replaced Chinese giant Alibaba Group’s founder Jack Ma to become Asia’s richest person.
RIL crossed the m-cap of Rs 7, 01, 404 crore (over $102 billion) on Bombay Stock Exchange becoming the second company in India to achieve this feat after TCS.
AWARDS AND HONOURS
Ravi Mehrotra wins lifetime achievement award
Dr Ravi Mehrotra CBE, Chairman of Foresight Group International Ltd., was presented with a lifetime achievement award by Chris Hayman (Chairman, Seatrade).
He was honoured at the Seatrade 30th Anniversary Award Ceremony held at the Landmark, London.
The award recognises recipients who have made a significant and lasting contribution to shipping and the maritime industry.
Vivekanand 2 (a drilling rig from Foresight Offshore Drilling formerly Hallworthy Shipping Limited S.A.) was announced as “THE BEST PERFORMING RIG OF 2017/18” for ONGC (Oil & Natural Gas Corporation Limited).
Mohammad Kaif announces retirement from all forms of cricket
Indian cricketer Mohammed Kaif has officially retired from all forms of cricket. He began his two-decade-long first-class career in 1997-98.
In an international career that spanned six years (2000-2006), he played in 13 Tests and 125 One Day Internationals. He played his last international game for India around 12 years ago, during the South Africa tour in 2006.
He even captained India’s U-19 team in their first-ever World Cup win in 2000.
Anish and Manu won gold in Shooting
The Commonwealth Games gold medallists Anish Bhanwala and Manu Bhaker won gold in the 28th Meeting of Shooting Hopes international championship.
Anish Bhanwala clinched the gold under the junior men’s rapid fire pistol category and Manu Bhaker also won gold under the junior women’s air pistol category.
The Young Indian shooter Elavenil Valarivan also claimed the women’s air rifle gold medal. The event was held at the Plzen, Czech Republic.