Current Affairs 28th April 2017 - Banking, SSC, UPSC Affairs

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Kazakhstan has opened its honorary consulate in Chennai. The consulate will cover the states of Tamil Nadu, Karnataka and Kerala. It will be headed by well-known businessman Suraj Shantakumar.  This year marks the 25th anniversary of the establishment of diplomatic relations between India and Kazakhstan. Chennai is a major industrial center of India, and is considered the automotive capital of the country.

Indian PM Narendra Modi and Cypriot President Nicos Anastasiades signed 4 Agreements, which are:-(i) Executive programme on culture, education and scientific cooperation for the years 2017 to 2020. (ii) Work plan under a programme of cooperation in agriculture for the period 2017-2018. (iii) Cooperation in the area of merchant shipping. (iv) To Boost air services between the two countries. Cyprus is the eighth largest foreign investor in India.

Indian cultural center in Egypt, serving as India's window to reach out to Egyptians, has organized a seminar aimed at maintaining and strengthening bilateral relations.  The function is organized by the Maulana Azad Centre for Indian Culture (MACIC). The seminar titled as 'Cultural Festivals - Bridge between India and Egypt'. It was a part of MACIC's monthly seminar series involving youth, academicians, culture lovers, civil society to discuss the issue of bilateral interest.

The United Nations Educational, Scientific and Cultural organisation (UNESCO) to screen Rahul V. Chittella’s short film “Azaad” as a part of World Press Freedom Day event that is scheduled to be held from May 1-4 in Jakarta, Indonesia. The theme for the 2017 World Press Freedom Day is “Critical Minds for Critical Times: Media’s role in advancing peaceful, just and inclusive societies“. May 3 is celebrated as World Press Freedom Day every year to celebrate the fundamental principles of press freedom as well as to evaluate the freedom of press around the world.

The Haryana Government appointed senior IPS officer Baljit Singh Sandhu as the new Director General of Haryana Police (DGP). The 1984 batch IPS officer replacing K P Singh, who has been appointed as the Director General of Prisons. He was previously serving as the Chairman and MD of Haryana Police Housing Corporation.

Sankha Ghosh bengal poet and literacy critic was honoured with 52nd Jnanpith Award which was awarded by President Pranab Mukherjee. The poet is a recipient of Sahitya Akademi and Padma Bhushan . Some of his famous works include Adim Lata- Gulmomay, Murkho Baro, Samajik Noy.

El Salvador is the first country to ban metals mining.  The law bans "prospection exploration, exploitation, extraction or processing of metallic minerals in El Salvador". The law enterted into force after being signed by President Salvador Sanchez Ceren.

Payments app Paytm launched Digital gold on its platform to allow customers to buy and sell gold through electronic platform. The first wealth management product was launched in partnership with gold refiner MMTC - PAMP. It offers a real time international pricing mechanism for the customers. Paytm claims users will be able to purchase 24 K 999.9 purity gold starting from 1 gram.

The World Day for Safety and Health at work was observed across the world on 28 April  The theme of 2017 is "Optimize the collection and use of OSH data” OSH full form - occupational Safety and Health Every day ,6300 people die at a result of occupational accidents or work related diseases which means that there are more than 2.3 million deaths per year.

 World Immunization week 2017 is is being observed from the 24th to the 30th of April 2017. The observation of the week aims to raise awareness about the critical importance of full immunization throughout life and its role in achieving the 2030 Sustainable Development Goals. The theme for this year is “Vaccines Work”.

 International Federation of Association Football (FIFA) president Gianni Infantino has confirmed that the video Assistant Referees will be used in the 2018 World Cup in Russia. The technology will be used only in decisions involving goals, penalty kicks and mistake identity. Video assistance was introduced for the first time in a FIFA in Japan last December.

The Home Ministry has planned to raise an all-woman India Reserve Battalion (IRB) in Jammu and Kashmir. The all-woman battalion will be one among the five IRBs that has been sanctioned by the Central government for the State last year. The cost of raising battalions would be Rs. 61 crore and 75% of the expenditure will be borne by the union government.

Haryana Chief Minister Manohar Lal Khattar announced the renaming of Ballabgarh town in Faridabad as Balramgarh. “Ballabgarh is a town and a sub-division in Haryana, was founded by Balram Singh in 1739. Ballabgarh means ‘the fort of Balram’ In 2016, Manohar Lal Khattar renamed Gurgaon as Gurugram based on the history connection with Guru Dronacharya.

The Central government appointed  R K Pachnanda as Director General of Indo-Tibetan Border Police. He is 1983 batch Indian Police Service (IPS) of West Bengal Cadre and had earlier served as the Director General of the National Disaster Response Force.(NDRF) He will be taking over from Krishna Chaudhary, who is set to retire in June this year.

Bhubaneswar has become the first Indian city to win Pierre L’enfant International Planning excellence award-2017 instituted by the American Planning Association (APA). Bhubaneswar has been chosen for the award for its good and advanced town planning and engaging its residents in the planning process.  The APA Awards jury has selected Five Excellence Award recipients in total who will be honoured at the Awards Luncheon at APA’s National Planning Conference in New York on May 8.  

Union Minister for Urban development and housing M. Venkaiah Naidu launched Micro and small Enterprises Facilitation Council(MSEFC) Portal and My MSME app. They were launched as a part of digital India initiative from the perspective of the MSME sector in the country. With the access to the platform, micro and small enterprises will be able to file their delayed payment related grievances online. The grievances filed will be communicated through the email and sms instantly.

Bollywood Actor Shah Rukh Khan became the first Indian actor to deliver Technology ,Entertainment, Design(TED) at Vancouver, Canada. He spoke on various issues beginning from his startdom to the changes world has experienced with the introduction of internet. Shah Rukh Khan also partnered with TED to host the hindi version of the famous talk show.

South Korea’s Hyundai subsidiary Kia Motors has signed an MoU with Andhra Pradesh govt to set up its first car manufacturing plant in Anantanagar. •    Invested Amount -  $1.1 billion •    It will bring a compact sedan and a compact sports utility vehicle (SUV) to the market in 2019. •    India is the world's fifth biggest auto market.

Enterprise application software maker Systems Applications Products (SAP) launched a solution for small and medium-sized enterprises (SMEs).  SME's to help them to become compliant with the Goods and Service Tax (GST). SAP has launched 'GST in a box ', an all inclusive solution portfolio designed to help SME's. SAP has committed to provide businesses with necessary consultation and technology to efficiently adopt the GST regime through various initiatives.

US president Donald Trump has introduced biggest tax reform plan in the history of United States . The income tax rates have been slashed from 39.6% to 35%.He proposed tax relief for families with child and dependent care expenses. The new plan proposes for a 15% corporate tax rate which is a sharp drop from the existing 35%. However, under the US law ,only the congress is empowered to make major changes to tax laws.

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