Current Affairs 5th August 2017 - Banking, SSC, UPSC Affairs

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The Indian Railways signed its first EPC (Engineering, Procurement, Construction) contract with Larsen and Turbo (L&T) for electrification of railways. The contract valuing Rs 1,050 crore was awarded by Central Organisation for Railway Electrification (CORE) and Konkan Railways. The EPC contracts were awarded as part of a strategy to speed up the electrification of railway lines under ‘Mission Electrification’ plan.

The Centre recently approved the Adityanath-led Uttar Pradesh Government’s proposal to rename the Mughalsarai railway station after the Jan Sangh leader as Deen Dayal Upadhyaya (DDU) station. It comes as the part of the state government’s attempt to revive the legacy of Upadhyaya who died in 1968. The proposal pointed to the mysterious death of Upadhyaya at the Mughalsarai station as one of the primary reasons to rename the station.

The Indian Space Research Organization (ISRO)Telemetry Tracking and Command Network (ISTRAC) and CSIR-National Physical Laboratory (NPL) signed Memorandum of understanding(MOU) to make indigenous regional position. The MoU will help the NAVIC to get formally synchronized with the Indian Standard Time (IST) which is being maintained by the Delhi-based NPL company. Until now, the satellites on NavIC (Navigation with Indian Constellation) managed by the ISRO relied on the US GPS to ensure that the clocks aboard. The NPL is part of the Council of Scientific & Industrial Research (CISR). It is the measurement standards laboratory of India.

Neymar becomes the most expensive player in football history after completing his blockbuster transfer to Paris Saint-Germain from Barcelona for 222 million euros. He signed a five-year contract with PSG until June 2022. He has already been selected for the Brazilian national team 77 times, scoring 52 goals and 15 titles.

Shri Prabhat Kumar presently Ambassador of India to Colombia appointed as the next Ambassador of India to the Republic of Kazakhstan. Prabhat Kumar, prior to his appointment as Ambassador of India to Columbia was Director General, in-charge of the Energy Security and Investment and Technology Promotion Division in the Ministry of External Affairs, New Delhi. He served in the Indian Embassies of Nepal, Croatia, and Spain.

Union Government launched green airports, two airports in Andhra Pradesh, Tirupati and Vijayawada are going to go completely green. Airport Authority of India (AAI) commenced installation of the 1MegaWatt solar power plant at Tirupathi and Vijayawada Airports. The basic capacity of installed solar power plants at 29 airports/locations with a total capacity of 12.84 MWp.

The All India Football Federation( AIFF) appointed senior advocate Ushanath Banerjee as the chairman of a special committee. It will deal with the players’ transfer disputes’. The Committee assigned the Chairman to make a detailed and reasoned paper based on the review of the rules and regulations for consideration of the members.

Film Actress Sharada has been selected for this year’s Prem Nazir Award. The award will be presented to Sharada by Kerala state Devaswom Minister Kadakampally Surendran at a function at Chirayankeezhu on August 15, 2017. Actor T P Madhavan will also be presented Rs 50,000 cash award announced by Chirayankeezhu Panchayat.

The Government of India/ Government of Gujarat signed US$ 329 million Loan and Project Agreements with Asian Infrastructure Investment Bank (AIIB) for or Gujarat Rural Roads Project. The objective of Gujarat Rural Roads Project is to improve the rural road connectivity and accessibility by providing all weather road connectivity to 1,060 villages in all the 33 districts in Gujarat. This project will benefit nearly 8 million people in Gujarat.

India’s first private sector missile sub-systems manufacturing facility Kalyani Rafael Advanced Systems (KRAS) plant inaugurated near Hyderabad. It has been established a line with the ‘Make in India’ initiative and Government’s policy to encourage private sector participation in defense product. It has invested in designing, developing and manufacturing of weapon systems including Spike Anti-Tank Guided Missile (ATGM) systems and remote weapon.

The first meeting of the Japan-India Coordination Forum (JICF) for Development of North-Eastern Region was held in New Delhi. The Secretary, Ministry of Development of North-Eastern Region (DoNER), Shri Naveen Verma led the Indian side while the Japanese delegation was led by the Japanese Ambassador to India, Mr. Kenji Hiramatsu. The areas of cooperation identified by Indian side including Connectivity and Road Network Development, especially inter-State roads & major district roads; Disaster Management; Food Processing; Organic Farming and Tourism were discussed in the meeting.

Hell Taxi a Private helicopter service provider and Bangalore International Airport Limited (BIAL) have partnered to launch HeliTaxi services from Bengaluru Airport. The helicopter service will initially be launched from Bengaluru Airport to Electronic City and gradually expanded to other parts of the city.

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  • Various Important Lists & Indexes,
  • Visits by World Presidents, Prime Ministers,
  • Political affairs and all Current News.

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