Current Affairs 26th November 2017 - Banking, SSC, UPSC Affairs

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Current AffairsThe drug price regulator National Pharmaceutical Pricing Authority (NPPA) capped prices of 51 essential medicines, including those used for the treatment of cancer, heart conditions, pain and skin problems. They notified ceiling prices of 36 medicines and revised ceiling prices of 15 medicines. All manufacturers of scheduled formulations, selling branded or generic or both versions of scheduled formulations (drugs) at price higher than ceiling price.

President Ram Nath Kovind cleared an ordinance amending the Indian Forest Act, 1927. The ordinance omits bamboo grown in non-forest areas from the definition of trees, thereby exempting it from requiring permits for felling or transportation. Before the ordinance was issued, the definition of tree in the Act included palm, bamboo, brushwood, and cane. Bamboo grown in forest areas shall continue to be governed by the Forest Conservation Act, 1980.

Nearly 42 bank branches have started Aadhaar Kendra in Kolkata. You can update your data in existing data. If you want to change your address or mobile number or if there is mistake in your name or age then these all problems will be solved at these Aadhaar Kendra. To facilitate the citizens Aadhaar has tweeted the website through which one can locate nearby Aadhaar Kendra for them. Aadhaar is not just a card with name, number, age, and photo but it is also a tool to fight against corruption. It is a right of each Indian to have his Aadhaar number.

India and Finland joined hands to boost mutual ties in the areas of trade and investment, renewable energy and science and technology. Minister for External Affairs Sushma Swaraj and Finnish counterpart held talks in New Delhi to discuss upon strengthening mutual relations. The two ministers reviewed the entire gamut of bilateral relations and agreed to ramp up cooperation in trade. External Affairs Ministry spokesperson Raveesh Kumar said Swaraj and Soini agreed to deepen cooperation in trade and investment, IT, new and renewable energy, science and technology, culture and people-to-people contact. The two countries enjoy traditionally warm and friendly relations since diplomatic relations were established in 1949,” he tweeted. India’s annual trade with Finland has crossed $1 billion. In 2016, Finland was India’s 60th largest trading partner globally and the 10th largest within the EU.

Indian female wrestler Ritu Phogat (48kg) bagged the silver medal in U-23 Senior World Wrestling Championship being held at Poland. Phogat defeated Bulgarian Wrestler Selishka by 4-2 points in the quarterfinal and defeated Chinese Wrestler Jiang Zhu by 4-3 points in the semifinal. Ritu had won the National championship in Indore this month. She also won a bronze medal at the Asian Championships in May this year.

Maharashtra stands as the single largest consumer of electricity in India, followed by Uttar Pradesh and Telangana. With a demand for 75,169 million units (MU) during April to September, revealed data carried out by Central Electricity Authority.  With the increasing demand, there was an increase of 8.6% over the demand for 69,216 MU in the year ago. Among the larger states, Uttar Pradesh showed a growth of 15.37% year-on-year to 65,284 MU. Rajasthan and Telangana too showed good growth of 54.8% and 15.34%, respectively. Tripura with a consumption of around 1,000 MU saw its demand grow at a whopping 94.39%. This growth would have been higher but for the drag from some other states. Tamil Nadu saw growth slip by 0.42% from a year ago. Madhya Pradesh’s demand was almost unchanged, while Gujarat’s demand rose by only 0.57%. The Rating agency Investment Information and Credit Rating Agency ICRA Limited warned in a recent report that it is unclear whether such high growth overall would be sustainable.

With an aim to boost ‘Skill India’ mission, Google now joined hands with Pluralsight and Udacity for a new scholarship program that will help 130K developers and students from India to gain the necessary skills needed to be successful in the constantly changing technology landscape. Google partners with Pluralsight and Udacity to provide training in emerging technologies like Mobile and Web Development, Machine Learning, AR/VR, AI, and Cloud Platforms. Google will also provide 1000 full nano degree scholarships from the 30,000 scholarships being offered. Interested candidates will also get access to Pluralsight's unique adaptive assessment engine, which will help them match their unique learning path based on their skill level and interest.

The Andhra Pradesh government appointed 1984-batch IPS officer N Sambasiva Rao as the state police chief despite the Union Home Ministry rejecting his candidature on earlier occasions. He has been holding the DGPs post as "full additional charge" since July 23, 2016, while his actual position was DGP (Coordination).

The President of the Iran Weightlifting Federation has said that the nation will allow women weightlifters to compete internationally, after establishing the Iran Weightlifting Federation Women's Committee. The federation's chief also said that the women weightlifters can compete wearing special clothes for Muslim athletes.

Current Affairs President Ram Nath Kovind urged the legal fraternity to provide free legal services to the poor. He has an expensive legal system due to the delay in the delivery of justice and the financial constraints in justice delivery system violates the constitutional values and Republican ethics. The government has identified around 1800 laws that require being removed from the statute books. In the past three years, Parliament has repealed about 1200 obsolete and unnecessary laws.

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