Current Affairs 29th April 2017 - Banking, SSC, UPSC Affairs

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Prime Minister Narendra Modi has unveiled translated volumes of Vachana in 23 Indian languages on the occasion of Basava Jayanti. This is the first ever celebration of Basava Jayanti at the national level in New Delhi. The translated volumes of Vachana was commissioned by the Basava Samithi at a cost of 2.5 crore rupees of which the Karnataka government has contributed 1 crore rupees. The celebrations also coincide with golden jubilee of Basava Samiti that was set up by former Vice President B D Jatti 1964 to spread in Basavannas message.

Jehan Daruvala, 18-year-old product of Force India Academy,(FIA)  became the first Indian to take pole in the F3 (Formula - 3) European series, securing the top spot on the starting grid for Race 1 of the second round of the championship in Monza, Italy. Jehan Daruvala topped the British racer Callum Illot (Prema Powerteam)

Apple and Qualcomm have been fighting relentlessly for a few months over royalty payments.  Apple confirmed that Qualcomm that it would stop pay the disputed licensing fees. Qualcomm confirmed the aggressive move and the revenue and profits would be lower than expected.

Internationally renowned sand artist Sudarsan Pattnaik from Odisha won the jury prize gold medal at the 10th Moscow Sand art Championship. The competition was held between 22nd and 28th April at Kolomenskoye, Moscow in Russia. The theme for the competition was "The world around us".  Pattnaik was the Indian representative in the competition, where twenty-five sculptors from different countries participated.

The Central Armed Police Forces (CAPFs) will conduct ‘Oorja’ – CAPFs Under-19 Football Talent Hunt Tournament – 2017, throughout the country from May 1-15, 2017. The tournament will be jointly organized by CAPF under the aegis of All India Police Sports Control Board. The Central Industrial Security Force (CISF) will conduct the tournament in Maharashtra, Telangana, Andhra Pradesh, Goa and the Union Territories of Dadra & Nagar Haveli and Daman & Diu. Bruno Coutinho, an Arjuna Awardee, has been made as the brand ambassador for Oorja -2017 in Goa.

Department of Commerce, Government of India in collaboration with Confederation of Indian Industry, Bureau of Indian Standards and the National accrediation Board for Certification bodies and other knowledge partners is organising the 4th National Standards Conclave. It will be organized in New Delhi from May 1-2 The objective of the conclave is to bring awareness and prepare Industries.

Kerala has conducted the country’s first-ever transgender one-day athletic meet in Thiruvananthapuram. The event saw the participation of 132 participants belonging to 12 districts of the state. The event was jointly organised by Kerala sports council and Sexual Gender Minority Federation of Kerala. In the competition, six events were conducted, namely, 100 metres, 200 metres, and 400 metres running; 100x 4 relay race, high jump and shot put.

From May 4, Bhilar village in Maharastra will become India’s first ‘book village’ where tourists and locals can come and read books, magazines, newspapers stacked at 25 premises. Bhilar already attracts a large number of tourists, who come to taste the locally produced strawberries. Bhilar, which has a population of about 10,000, and nearby areas produce around 100 tons of strawberry every year, earning them Rs 50 crore. And 90% of the village’s population is involved in strawberry farming.

Union Water Resources, River Development and Ganga Rejuvenation Minister Sushri Uma Bharti today launched Bundelkhand water conservation programme at Bandri in Sagar District of Madhya Pradesh(MP). Sushri Bharti's Ministry has taken up new initiatives under National Ground Water Management Improvement Schemes (NGMIS) with an objective to effectively improve ground water conditions in stressed blocks, ensure sustainability of resource both quantitatively and qualitatively. Implementation of water conservation schemes 75 new water bodies with estimated cost of about Rs. 50 crores with tentative potential creation of 2500 dams would be taken up.

Google CEO Sundar Pichai received a compensation package of $200 million (1,285 crore) from parent firm Alphabet in his first year at the helm of the company. Pichai received a salary of $650,000 in 2016 besides a $198.7 million stock award, roughly double of his stock in 2015.

Paytm will invest Rs10,000 crore in its banking and financial services in the next three years and hopes to get the final approval for its payments bank operations . Paytm operates a mobile wallet and e-commerce marketplace over 1.5 billion transactions on its platform, the company now aims to cross the 4.5 billion mark this year.

The National Bank for Agriculture and Rural Development (NABARD) under its E- Shakthi initiative has so far digitised around 1.29 lakh self - help groups covering 14.86 lakh individuals in the country. The aim of the initiative is to digitise all  Self Help Group (SHG) under its Micro Credit and Innovations Department and reduce the drudgery of book keeping and cut the dependence on cash transactions. The pilot project at Ramgarh, Jharkhand & Dhule, Maharashtra in 2015.

Union Health Minister JP Nadda has launched the Test and Treat policy for providing treatment to patients suffering from Human Immunodeficiency Virus (HIV). The government will provide Anti- Retroviral Therapy (ART) treatment to the patients free of cost. HIV destroys the CD4 T cells in the body that strengthen immunity. People with HIV, who have a CD4 cell count below 200, are at significant risk of developing serious illnesses, and the government currently provides free treatment to people with a count of 400 and below.

North Korea has test-fired a ballistic missile defying global pressure and warnings from the United States and its mainly, China. The test was conducted from the Pukchang region present in the north of the North Korean capital, Pyongyang. The missile launched is expected to be a medium-range weapon known as a KN-17 and appears to have disintegrated within minutes of taking off.

 All India Management Association (AIIMA) was presented and the award winners are Arundhati Bhattacharya, (chairperson, State Bank of India)  was named 'business leader of the year'  Dilip Shanghvi (managing director, Sun Pharmaceutical Industries Ltd) was named 'Entrepreneur of the Year'  Rahul Sharma, (co-founder, Micromax Informatics Ltd) was conferred the 'Transformational Business Leader of the Year' Nandan Nilekani (former chairman of the Unique Identification Authority of India), received the award for the 'outstanding initiative of the year' for India Stack. Hero MotoCorp - Indian MNC of the year.

101-year-old athlete Mann Kaur has become the oldest person to skywalk around Auckland’s famous landmark Sky Tower. Having set a new world record on the field, Kaur stepped out 192 metres above Auckland city to achieve the feat. Kaur broke Guinness World record for javelin with the throw of 5 metres and 12 centimetre in her final competition at the Trusts stadium in Waitakere, West Auckland.

Researchers have created a fluid - filled transparent container called the biobag to simulate how foetuses float in amniotic fluid inside the uterus of their mothers. So far the device has only been tested on fetal lambs.

The Day of remembrance of all victims of chemical Warfare was observed on April 29 by the United Nations (UN) . This commemoration will provide an opportunity to pay tribute to the victims of chemical warfare, as well as to reaffirm the commitment of the Organization for the Prohibition of Chemical Weapons (OPCW) to the elimination of the threat of chemical weapons, thereby promoting the goals of peace, security, and multilateralism.

India's first smart and green Highway, Eastern Peripheral Expressway for decongesting Delhi will be ready by August this year It has been built at a cost of Rs.11000 crore. At least 2.5 lakh trees will be on the both sides of the roads with solar panels.

India won six medals in the second leg of the Asian Grand Prix Athletics Meet in Jiaxing, China. World junior record holder javelin thrower Neeraj Chopra took the silver. Neeraj also qualified for the IAAF World Championships to be held in London in August, 2017. India had won seven medals, including a gold and 4 silver in the first leg.

The 'Committee on Allowance' headed by Finance Secretary Ashok Lavasa submitted its final report to Finance Minister (FM) Arun Jaitley.  This report recommends for  'Higher Allowances' to central government employees as mentioned in the 7th pay commission. The Pay Commission had recommended hiking the HRA in the range of 8-24% Full implementation of panel recommendations will cost govt Rs 29,300 crore.

The Indian Space Research Organisation (ISRO) will launch five communication satellites by the year-end . The satellites launched by the ISRO and their purposes in the areas of weather forecasting, disaster management, space exploration, geo-spatial applications, education and agriculture . ISRO and the Government has made GPS - aided Geo Augmented Navigation (GASAN) mandatory for all aircraft by 2019 to ensure safety and precision landing.

India's first electric taxi (e- taxi) trial in the country would be launched in Nagpur from May 24. Mahindra and Mahindra is set to provide 200 taxis for the initiative. Electric car taxi is one of the ambitious projects and forms as a part of its United Nations Development Program (UNDP) millennium goals to tackle pollution. The Eastern Peripheral Expressway project:- The Rs 5,763-crore Eastern Peripheral Expressway project to decongest Delhi is on fast-track and will become India’s first 135 km green road to be lit entirely by solar panels and have advanced traffic system.

The Indian Oil Corporation (IOC) has planned to build a new oil terminal at Motihari in Bihar to supply fuel to Nepal via the planned pipeline up to Amlekganj in Nepal. The 69-km Motihari-Amlekganj pipeline will be built at a cost of Rs.325 crore. In August 2015, India and Nepal signed a memorandum of understanding (MoU) for a product pipeline.

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