Top Current Affairs of the day: 08 November 2016

Last Updated: November 8, 2016

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  • World s first zero emissions hydrogen train Coradia iLint unveiled in Germany

    November 8, 2016
    World first hydrogen-powered and zero-emission passenger train named as Coradia iLint was unveiled in Germany. The first of its kind ecofriendly train has been developed by French rail company Alstom. The Coradia iLint only emits excess steam and condensed water into the atmosphere. Coradia iLint is powered by a hydrogen fuel tank fitted on its roof. The fuel cell is supplied with hydrogen and oxygen from the air. The fuel cell converts hydrogen and oxygen into electric power. Excess electric... Read More

    Uttarakhand High Court bans construction near glaciers in Uttarakhand

    November 8, 2016
    The Uttarakhand High Court has banned near glaciers in Uttarakhand and directed the state government to preserve the rapidly melting glaciers, a source of major rivers. The High Court issued an order, taking notice of the degradation in the Himalayan ecology and environment based on a Public Interest Litigation (PIL) petition filed on encroachment and illegal construction around various water bodies including the Nainital lake. The Himalayan state of Uttarakhand alone has 968 glaciers spread... Read More
    Category: Indian Affairs

    th birth anniversary of CV Raman observed

    November 8, 2016
    The 128th birth anniversary of Nobel laureate Bharat Ratna Sir CV Raman was observed on November 7, 2016. Various functions including debates have been organized in schools and colleges across India to commemorate the day. CV Raman  : Chandrasekhara Venkata Raman was born on November 7, 1888 at Thiruvanaikaval in Tiruchirapalli, Tamil Nadu. He died on 21 November 1970 (aged 82) in Bangalore. He had discovered Raman Effect, a scientific phenomenon of scattering of light which makes the sea... Read More
    Category: Important Days

    Union Government puts ban on NDTV India on hold

    November 8, 2016
    The Union Ministry of Information and Broadcasting has put hold its order imposing a oneday  ban   on Hindi  channel  NDTV  India. Earlier, the ministry had imposed oneday ban (on November 9) on NDTV India over its live coverage of the Pathankot terror attack, violating Programme/Advertising Code. Opposition parties and media bodies have criticised arbitary punitive decision of the Union Government saying this was tantamount to an assault on media freedom. An... Read More
    Category: Indian Affairs

    Janet Reno first female U S Attorney General dies

    November 8, 2016
    Janet Reno, the first woman to serve as U.S. Attorney General, passed away on 7 November 2016 at Miami, Florida. She was 78. As the U.S. Attorney General, Reno played key roles in some of the most acrimonious events of the Bill Clinton administration.  Janet Reno : Janet Reno served as the Attorney General of the United States from 1993 until 2001. She was nominated by President Bill Clinton on 11 February 1993, and confirmed on 11 March 1993. She was the first woman to serve as... Read More

    th Jamnalal Bajaj Foundation Awards conferred

    November 8, 2016
    The 39th Jamnalal Bajaj Foundation Awards for the year 2016 were conferred on 7 November 2016 in Mumbai, Maharashtra. Well-known Gandhian and President of Tunisia's Ennahdha Party, Sheikh Rached Ghannouchiwas among the four prominent personalities conferred with the prestigious award. Mohan Hirabai Hiralal, founder and convenor of Vrikshamitra : He was honoured for outstanding contribution in the field of Constructive Work. He worked for village empowerment in Menda Lekha in Gadchiroli,... Read More
    Category: Awards and Honours

    Vinod Rai appointed as Chairman of Fund Trustee and Advisory Commission of Kerala

    November 8, 2016
    Vinod Rai was has appointed as the Chairman of Fund Trustee and Advisory Commission of Kerala. He will be entrusted with the responsibility to ensure that the funds of the Kerala Infrastructure Investment Fund Board (KIIFB) are properly utilised and the interest of investors is protected.
    Moreover, the board of the reconstituted KIIFB under Chairman Pinarayi Vijayan also decided to appoint Usha Thorat, former Deputy Governor of RBI and Prakash Bakshi, former Chairman of NABARD, as the... Read More
    Category: Awards and Honours

    India and UK released Joint Statement

    November 8, 2016
    India and the United Kingdom released a Joint Statement on 7 November 2015 to strengthen their strategic partnership. The joint statement was released after meeting of Prime Minister Narendra Modi and UK Prime Minister Theresa May in Delhi. PM Theresa May was on a three-day visit to India from 6 November to 8 November 2016 at the invitation of the PM Modi. This was May’s first bilateral visit outside Europe after taking over as the Prime Minister of the UK. The meet highlighted the need... Read More
    Category: International

    Ratnesh Kumar appointed MD and CEO of BoB Capital Markets

    November 8, 2016
    Bank of Baroda (BoB) appointed Ratnesh Kumar as Managing Director (MD) and Chief Executive Officer (CEO) of its wholly-owned investment banking subsidiary, BoB Capital Markets Ltd. The public sector bank stated that Kumar started his career in the Indian capital markets and financial services sector in 1993.  Ratnesh Kumar :  Ratnesh Kumar holds a Masters degree in Management from FMS, University of Delhi.He obtained an MSc (Hons) in Physics & BE (Hons) in Electrical and... Read More
    Category: Banking & Finance

    Hadi Abdullah wins RSF TV Monde Press Freedom Prize

    November 8, 2016
    Syrian freelance journalist Hadi Abdullah was awarded with Reporters without Borders (RSF)-TV5 Monde prize. Abdullah, 29, was awarded in the journalist category for reporting from some of the most perilous zones in his country's five-year-old war. The award was presented in Strasbourg on the sidelines of the World Forum for Democracy, a meeting organised by the Council of Europe. In a statement, RSF said that Abdullah has unhesitatingly ventured into danger zones, where Western... Read More

    India UK signed two pacts including cooperation in the field of intellectual property

    November 8, 2016
    India and the United Kingdom has inked two pacts to boost cordial relations between the two nations. The pacts were inked during the visit of Theresa May, the Prime Minister of the United Kingdom to India. PM Theresa May was on a three Day visit to India (6 November to 8 November 2016). MoU on Ease of Doing Business : The MoU intends to make expertise from different departments of the UK Government which have led the ease of doing business drive in the UK available to the relevant departments... Read More
    Category: International

    RBI issues Clarifications on Hedging for External Commercial Borrowings

    November 8, 2016
    The Reserve Bank of India (RBI) has issued the Clarifications on hedging for External Commercial Borrowings (ECB) on 7 November 2016. The Clarifications were issued under section 10(4) and 11(1) of the Foreign Exchange Management Act, 1999. Highlights of the Clarifications : Wherever hedging is mandated by RBI, the ECB borrower will be required to cover principal as well as coupon through financial hedges. The financial hedge for all exposures on account of ECB should start from the time of... Read More
    Category: Banking & Finance

    NASA s MMS mission sets Guinness world record

    November 8, 2016
    NASA’s Magnetospheric Multiscale (MMS) mission  has set the Guinness world record for highest altitude fix of a Global Positioning System (GPS) signal. The four MMS satellites operating in a highly elliptical orbit around Earth has set the record at 70,006.4 kilometres above the surface of the Earth. Magnetospheric Multiscale (MMS) Mission  : NASA’s MMS mission is an unmanned space mission to study the Earth’s magnetosphere, using four identical satellites flying in... Read More

    Buddha Mahotsava kicks off in Arunachal Pradesh

    November 8, 2016
    Buddha Mahotsava celebration in West Kameng district of Arunachal Pradesh began with vibrant cultural display from Monpa, Sajolang(Miji) Aka, Sartang, Bugun and Sherdukpen tribes of the region at Buddha Park, Bomdila. The unique cultural display from each tribe mesmerized the crowd and filled the air with joy. Organised by the District Administration of West Kameng, Buddha Mahotsava is a three-day Buddhist festival (November 4-6) held in Bomdila, West Kameng district, Arunachal Pradesh to... Read More
    Category: Arts & Culture

    JP s Avinash Khanna all set to be appointed NHRC member

    November 8, 2016
    JP Vice President Avinash Rai Khanna is all set to be appointed as a member of National Human Rights Commission (NHRC) with a high-level selection panel headed by Prime Minister Narendra Modi . The 55-year-old former Rajya Sabha member from Punjab and BJP in-charge of Jammu and Kashmir will perhaps be the first active politician to be appointed as a member of NHRC, which is headed by a former Chief Justice of India. The four full-time members, as per the Act, should include a former judge of... Read More

    Indian woman Upma Virdi named Businesswoman of the Year in Australia

    November 8, 2016
    A 26-year-old Uppma Virdi does everything from making yummy tea to holding workshops on 'The Art of Chai' in Melbourne. Uppma Virdi is the founder of Chai Walli is the granddaughter of an Ayurvedic doctor who used to make Ayurvedic chai blends. Born in India and brought up in Australia, Uppma learnt how spices balance, their properties and the art of chai. Her hobby of making special Ayurvedic tea with dash of spices like ginger, cardamom (elaichi), jaggery (gur), dalchini (cinnamon),... Read More
    Category: Awards and Honours

    Anurag Bhushan unveiled Mahatma Gandhi statue in Dubai

    November 8, 2016
    Consulate General of India, Dubai preferred to install the statue of Mahatma Gandhi, the Father of the Nation, at its premises, and celebrate the 141st Birth Anniversary of Sardar Vallabhai Patel, popularly known as the Iron Man of India. Speaking at the event, Bhushanspot lighted how the Indian civilisation “stands out”. He spoke highly about both the patriotic leaders and the path they chose to make India a better place to live in. He talked about Mahatma’s biggest virtue... Read More
    Category: International

    India to host IEF IGU Ministerial Gas Forum in New Delhi

    November 8, 2016
    India to host IEF-IGU Ministerial Gas Forum in New Delhi. 5th IEF-IGU Ministerial Gas Forum to be held in New Delhi on 6 December 2016.It is supported by GAIL (India) Limited and the Natural Gas Society of India.   Theme:  “Gas for Growth; improving economic prosperity and living standards”. The International Energy Forum (IEF) and the International Gas Union (IGU) have set up this important dialogue platform amongst Ministers, CEOs and experts aiming to better... Read More

    President approves payment of DA from July

    November 8, 2016
    President Pranab Mukherjee has given approval to payment of a 2 % dearness allowance (DA) to central government employees.
    The move will benefit about 50.68 lakh employees and 54.24 lakh pensioners. The decision to provide 2 % DA on basic pay was earlier approved by the Union Cabinet and will be applicable from July 1.
    Consequent upon the decision taken by the government on recommendations of the 7th Central Pay Commission relating to DA, the President is pleased to decide that the... Read More
    Category: Indian Affairs

    Vice President Releases Tharoor book An Era of Darkness British Empire in India

    November 8, 2016
    Vice President of India, M. Hamid Ansari released book ‘An Era of Darkness: The British Empire in India’ authored by Dr. Shashi Tharoor.
    Vice President said that the author rightly points out that British rule in India was effectively and regularly supplemented by “famine, forced migration and brutality” – the ‘three examples of why British rule over India was despotic and anything but enlightened’.
    Category: Persons

    Google Capital changes its name to CapitalG

    November 8, 2016
    Google Capital, the search giant's venture arm that invests in growth-stage companies, has changed its name to 'CapitalG'.  The old GoogleCapital.com domain now forwards to CapitalG.com, and Google Capital's Twitter accounthas announced that it’s being retired in favour of a new @CapitalGTweets account.
    CapitalG’s new site confirms a previously unmentioned detail that it has invested in Snapchat.  

    DRDO inks MoU with IIT Delhi to establish JATC

    November 8, 2016
    The Defence Research & Development Organisation (DRDO) has signed a MoU with Indian Institute of Technology (IIT) Delhi to establish a Joint Advanced Technology Centre (JATC). The JATC will be located in the campus of IIT Delhi at the upcoming Science and Technology Park (Mini-Science Park ‘MSP’). The objective of JATC is to undertake and facilitate multi-disciplinary directed basic and applied research in the jointly identified research verticals.  The JATC will enable... Read More

    CII launches Startup Mentorship Circle platform

    November 8, 2016
    The Confederation of Indian Industry (CII) has launched ‘Startup Mentorship Circle’, a unique platform to help in connecting start-ups with the global marketplace.
    The platform was launched in view of Union Government’s vision of nurturing entrepreneurship under the Startup India Initiative. Under this Platform Large corporate houses are planning to mentor about 100 start-ups over the next two years. Initially it will focus on start-ups in the Western part of the country... Read More
    Category: Business & Economy

    Indian Army s Demchok mission completed

    November 8, 2016
    The Indian army has successfully completed its task of laying an irrigation pipeline in the Demchok region of Eastern Ladakh despite a three-day face-off with the Chinese troops over the construction work. The project was being conducted under the Mahatma Gandhi National Rural Employment Guarantee Scheme to link the villages in the region with a hot spring. Chinese Protests : The Chinese troops tried to put up a fibre-reinforced plastic (FRP) hut to obstruct the laying of the... Read More
    Category: Defence

    RBI appoints M Rajeshwar Rao as Executive Director

    November 8, 2016
    Reserve Bank of India has appointed M Rajeshwar Rao as the Executive Director on 7 November 2016. He succeeded G Mahalingam, who took voluntary retirement from the central bank. As Executive Director, Rajeshwar Rao will look after Department of Statistics and Information Management, Financial Markets Operation Department and International Department. Rajeshwar Rao : Prior to taking over as the Executive Director, Rajeshwar Rao was the Chief General Manager, Financial Markets Operations... Read More
    Category: Banking & Finance



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