Current Affairs 14th September 2017 - Banking, SSC, UPSC Affairs

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The Haryana council of ministers on Wednesday decided to create one Wi-Fi zone in all 6,078-gram panchayats within two years and provide 4G services in every village in the next three years. Under the Haryana Information Technology (IT) and Electronic System Design and Manufacturing (ESDM) Policy-2017 approved by the cabinet, the state government has promised broadband connectivity to every household and Wi-Fi zone at important public places in all towns and cities. The five-year goal of the draft policy includes generation of employment for 15 lakh persons in the IT-ESDM sector by 2020, increasing the sector’s contribution to the gross domestic product (GDP) of the state from 9.4% to 15%, and making Haryana pioneer in research and development for ESDM by producing 1,000 patents.

India and Japan signed 15 agreements for enhancing bilateral cooperation in several key areas including investment promotion, civil aviation, and science and technology. The agreements were signed in the presence of Prime Minister Narendra Modi and his Japanese counterpart Shinzo Abe after 12th annual summit talks in Gandhinagar.  MoU on International Academic and Sports Exchange MoC in the field of Japanese Language Education in India Exchange of RoD on Civil Aviation Cooperation. MOC between Ministry of Home Affairs and Cabinet Office of Japan India-Japan Investment Promotion Road map between DIPP and METI. The arrangement between India Post and Japan Post for the Implementation of Cool EMS service. MoU between RIS and IDE-JETRO for the promotion of Cooperation in Research Related Activities. MOC between METI and Gujarat on ‘Japan-India special programme for Make In India’ in Mandal Bechraj-Khoraj in Gujarat.  India-Japan Act East Forum: To enhance connectivity and promote developmental projects in North East India in efficient and effective manner. Joint Research Contract India’s Department of Biotechnology (DBT) and between National Institute of Advanced Industrial Science & Technology (AIST), Japan. Agreement for an International joint exchange programme between interdisciplinary theoretical and mathematical sciences programme, RIKEN and National Centres for Biological Sciences. Japan has invested 4.7 billion US dollars in India during 2016-17, 80 percent higher than last year. 

The Secretary-General of UN Antonio Guterres has appointed the outgoing president of the General Assembly. Peter Thomson as the first special envoy for the oceans, seeking to galvanize efforts to protect the world's seas. He played a leading role at the first-ever U.N. conference on oceans. U.N. spokesman Stephane Dujarric announced Thompson's appointment.  The former ambassador for Fiji (Peter Thompson) will promote action to implement the conference recommendations.

The Ministry of External Affairs started Operation Insaniyat to provided assistance to Bangladesh in response to the humanitarian crisis being faced by it due to the large influx of Rohingya refugees from Myanmar. Rohingya are a stateless ethnic minority (mostly Muslim) from Rakhine province of Buddhist-majority Myanmar, who are forced leave their country. They are a stateless ethnic minority (mostly Muslim) from Rakhine province of Buddhist-majority Myanmar, who are forced leave their country due to communal violence and repeated military operations.

Jawaharlal Nehru Port Container Terminal (JNPCT) was awarded “Container Terminal of the Year” Award, in Mumbai. This is the 10th edition of the Gateway Awards. The award was received by Mr.Neeraj Bansal, Deputy Chairman of JNPCT. The excellent strategies to reduce congestion, smooth delivery of containers and renovation of infrastructure to carry out a trade even in unfavourable conditions.

Raghunandan Industries Private Limited was awarded Krishi Pragati Award 2017, by National Commodity & Derivatives Exchange Limited (NCDEX), in New Delhi. This awarded to appreciate the outstanding contribution made by Raghunandan Industries in the area of Agricultural Commodities. Raghunandan Money provides financial services such as demat, equity, derivatives, currency trading, mutual funds, life insurance, General insurance.

Paytm Payments Bank (PPB) partnered with the National Payments Corporation of India (NPCI) to launch a RuPay-powered digital debit card. The RuPay-powered digital debit card will be issued to all customers who have opened their bank accounts with PPB. The debit card will have the facility to come with a free insurance cover of up to Rs. 2 lakh in the case of death or permanent total disability. Airtel launched India’s first live payments bank. Paytm is the second such service to be launched in the country.

The 74th annual Venice International Film Festival was held from 30 August to 9 September 2017. The most important award is the Golden Lion at the Venice Biennale and considered one of the most prestigious film awards, like the Golden Palm in Cannes and the Golden Bear of Berlin. The awards are listed below Best Film - Nico, 1988, directed by Susanna Nicchiarelli Best Director - Vahid Jalilvand, No Date, No Signature Special Jury Prize - Caniba, directed by Lucien Castaing-Taylor and Véréna Paravel Best Actress – Lyna Khoudri, Les Bienheureux Best Actor –  Navid Mohammadzadeh, No Date, No Signature Best Screenplay - Los Versos Del Olvido, directed by Alireza Khatami Best Short Film - Gros Chagrin, directed by Céline Devaux Lion of the Future  – “Luigi De Laurentiis” Venice Award for a Debut Film Jusqu’à la Garde, directed by Xavier Legrand.

Prime Minister Narendra Modi and his Japanese counterpart Shinzo Abe jointly laid the foundation stone for the high-speed bullet train project between Ahmedabad and Mumbai. The train will cover a distance of over 500 km in around two hours. The project is expected to be completed by 2022. They laid the foundation stone for the dedicated High-Speed Rail Training Institute for the Ahmedabad-Mumbai bullet train to be established inside the existing campus for the National Academy of Indian Railways at Vadodara. 

Telecom services provider Bharti Airtel and SK Telecom of Korea have announced a strategic partnership under which Airtel will leverage the latter's expertise to build advanced telecom network in India. It is Korea’s largest telecommunications company with more than 29 million mobile subscribers, which accounts for around 50 percent of the total market. The two companies will also collaborate on an ongoing basis to evolve standards for 5G and Network Functions Virtualisation (NFV).

India is planning to launch major connectivity initiative, connecting Chennai with key Russian port Vladivostok via sea route with an aim to harness natural resources from Northeast Asia and Western Pacific region. The proposed maritime route can be transformed into a corridor that could juxtapose with Indo-Japan Pacific to Indian Ocean Corridor to counter China’s Maritime Silk Route (MSR) under Border Road Initiative (BRI) which connect entire South East Asia through road, shipping and rail links. India was the first country to establish resident Consulate in Vladivostok in 1992. India’s current engagement with the region is limited to isolated pockets such as Irkut Corporation in Irkutsk where Mig and Sukhoi aircraft are built and over $6 billion worth of investments by ONGC Videsh Limited.

M. Nagaraja Sarma appointed the chairman-cum-managing director (CMD) of the United India Insurance Co. Ltd.  He is at present the general manager, Oriental Insurance Co. Ltd. He is appointed for five years.

Hindi Day is celebrated across the country. In the year 1949, the Constituent Assembly adopted Hindi written in Devanagari script as the official language of the country. President Ram Nath Kovind will give away Rajbhasha awards for the Year 2016-17 at a function in New Delhi. The Rajbhasha awards were instituted by the Department of Official Language of Home Ministry to recognize the excellent contribution of Ministries, Departments and Nationalized Banks in the field of Hindi.

Turkey signed a deal with Russia to buy S-400 missile defence systems in its first major weapons purchase from Moscow, according to the President of Turkey Recep Tayyip Erdogan. The accord for the surface-to-air missile defence batteries is Ankara's most significant pact with a non-North Atlantic Treaty Organisation (NATO) supplier. Turkey is a NATO member since 1952.

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