Saturday 23 February 2019

Daily news 22 Feb 2019


National News



1. India, Sri Lanka Ink MoU To Establish Business Centre For ICT  Incubators
i. India and Sri Lanka signed an MoU to establish a business center for ICT incubators in Jaffna (a city in Sri Lanka) through the grant of 25 crore Sri Lankan rupees from India.
ii. The MoU was signed by High Commissioner of India to Sri Lanka Mr. Taranjit Singh Sandhu, and Secretary, Ministry of Development Strategies and International Trade Mr. S. T. Kodikara in Colombo in presence of Sri Lankan Prime Minister Ranil Wickramasinghe.
Static/Current Takeaways Important For NIACL AO Mains Exam:

Sri Lanka Capitals: Colombo, Sri Jayawardenepura Kotte, Currency: Sri Lankan rupee, Prime minister: Ranil Wickremesinghe.



2. President Ram Nath Kovind Promulgates 4 Ordinances
i. President Ram Nath Kovind promulgated four Ordinances. These are:
1. The Muslim Women (Protection of Rights on Marriage) Second Ordinance has been promulgated to give continued effect to the provisions brought in by the earlier ordinance. This Ordinance declares the practice of instant triple talaq to be void and illegal and also to make it an offence punishable with imprisonment up to three years and fine.
2. The Indian Medical Council (Amendment) Second Ordinance has been promulgated to give continued effect to the work already done by the Board of Governors as per the provisions of earlier Ordinance.
3. The Companies (Amendment) Second Ordinance, has been promulgated with a view, to empower the Central Government to allow certain companies to have a different financial year instead of as determined by the Tribunal.
4. The Banning of Unregulated Deposit Schemes Ordinance has been promulgated to have central legislation to tackle the menace of illicit deposits taking activities in the country.

3. BEL Signs Teaming Agreement With Hughes India for Helicopter SATCOM Solutions
i. Navratna Defence PSU, Bharat Electronics Limited (BEL) and Hughes India have entered into a Teaming Agreement for design, development, supply, installation, integration and commissioning of Satellite Communication solutions for helicopters under the Ministry of Defence, Government of India at Aero India 2019, Bengaluru.
ii. Director (Marketing), BEL, Ms Anandi Ramalingam and President, Hughes India Shri Partho Banerjee signed the MoU. 
Static/Current Takeaways Important For NIACL AO Mains Exam:

Hughes India is a majority-owned subsidiary of Hughes Network Systems, LLC, USA (Hughes).





Hughes is the world’s largest provider of broadband satellite networks and services.





BEL Headquarters in Bengaluru, Karnataka.



4.  NITI Aayog Organized Conference on Future of Indian Banking
i. Dr. Rajiv Kumar, Vice Chairman, NITI Aayog, inaugurated a conference on “The Future of Indian Banking” with the Foundation for Economic Growth and Welfare (EGROW Foundation).
ii. The conference aims to increase and elevate the discourse on the banking sector in India, and help develop insights to inform the continued evolution of the Indian banking sector for optimally supporting the growing credit needs of the Indian economy.
Static/Current Takeaways Important For NIACL AO Mains Exam:

NITI Aayog: National Institution for Transforming India.





NITI Aayog CEO: Amitabh Kant, Vice Chairman: Rajiv Kumar.



5. Government Launches 'Operation Digital Board' To Boost Quality Education
i. The Union Minister of Human Resource Development, Prakash Javadekar launched the ‘Operation Digital Board’ to boost quality education in the country. 
ii. An expert committee has worked out optimum configuration of the Digital Class Rooms under the Operation Digital Board. The Operation Digital Board is a revolutionary step which will make the learning as well as the teaching process interactive and will popularise flipped learning as a pedagogical approach.
6. CCEA Approves KUSUM Scheme For Farmers' Welfare
i. The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi approved the launch of ‘Kisan Urja Suraksha Evam Utthaan Mahabhiyan’ (KUSUM Yojana) with the objective of providing financial and water security to farmers. The Central Government will provide a total financial support of Rs 34,422 crore for the scheme.
ii. Components of KUSUM Yojana: The Kisan Urja Suraksha Evam Utthaan Mahabhiyan scheme consists of three components:

Component-A: 10,000 MW of Decentralised Ground Mounted Grid Connected Renewable Power Plants.





Component-B: Installation of 17.50 lakh standalone Solar Powered Agriculture Pumps.





Component-C: Solarisation of 10 Lakh Grid-connected Solar Powered Agriculture Pumps.



7. Defence Ministry Approves Torpedo Acquisition For Naval Submarines
i. In a major boost for the Navy's firepower, the Defence Ministry has approved the acquisition of more than 100 heavyweight torpedoes which will be equipped on the force's six Scorpene-class submarines being built at Mazagon Dockyards in Mumbai.
ii. The French-origin Scorpene submarines are being built in India at Mazagon Dockyards Limited (MDL) and have now been named the Kalvari class. The first boat of the class called INS Kalvari has already been inducted into the Navy and is carrying out operational duties.

International News



8. PM Modi 2-Day Visit To South Korea: Complete Highlights
i. Prime Minister Narendra Modi was in South Korea on a two-day visit. 
ii. Here are the complete Highlights of the 2-day visit of PM Modi to South Korea:
1. PM Modi holds delegation level talks with South Korean President
2. PM Modi addresses Indian Community in Korea
Find The Complete Highlights Here
9. List of MoUs Signed Between India and South Korea
i. List of MoUs/Documents signed between India and the Republic of Korea during the State Visit of Prime Minister Modi to the Republic of Korea. 
1. MoU on the release of commemorative postal stamp on Queen Hur (Suriratna) for releasing a joint stamp commemorating the legendary Princess Suriratna (Queen Hur Hwang-ok), a legendary Princess of Ayodhya, who went to Korea in AD 48 and married King Kim-Suro. 
Find The Complete List Here
10. Australian Small Brown Rat Becomes World’s First Mammal To Go Extinct Due To  Climate Change
i. small brown rat of bramble cay melomys species lived on a tiny island off northern Australia becomes the world’s first mammal to have become extinct due to “human-induced climate change”.  
ii. The Australian government has officially listed the Bramble Cay melomys as extinct. Extreme high water levels and damaging storm surges, including its sources of food include the reason behind its Extinction.

Sci-Tech News



11. China’s Xinhua Unveils World’s First Female AI News Anchor
i. Chinese news agency Xinhua unveiled the world’s first female AI news anchor Xin Xiaomeng. She has been developed in collaboration with Sogou Inc, a search engine company.
ii. Earlier, Xinhua also developed Qiu Hao, the world’s first male AI news anchor at the World Internet Conference in Wuzhen held in November 2018, who is capable of mimicking human facial expressions and mannerisms while reading out news-reports.
12. Pinarayi Vijayan Inaugurated First Humanoid Police Robot KP-BOT In India
i. Kerala Chief Minister, Pinarayi Vijayan, inaugurated India’s first Humanoid Police Robot named KP-BOT, ranked as Sub-Inspector (SI), at the Police Headquarters in Thiruvananthapuram, Kerala. The robot’s gender is declared female keeping in mind women empowerment and gender equality.
ii. In 2018’s Cocoon Cyber Conference it was announced that robots will be included in the police force, after which, the work on the project was started by state police Cyberdome and a Kochi based start-up, Asimov.
Static/Current Takeaways Important For NIACL AO Mains Exam:

Kerala CM: Pinarayi Vijayan, Governor: Palaniswamy Sathasivam.





Appointments



13. Ajay Singh Appointed As The Head Of AIBA Elite Foundation
i. Ajay Singh, president of the Boxing Federation of India has been selected as the president of the Foundation Board for Better Boxing of AIBA (International Boxing Association).
ii. AIBA formed the Foundation Board for Better Boxing in the last meeting of its Executive Committee to formulate an action plan for global development of the sport in future.
Static/Current Takeaways Important for NIACL AO Mains Exam:

AIBA President: Gafur Rahimov.



14. SC Appoints Former Judge Justice D.K. Jain as BCCI Ombudsman
i. The Supreme Court appointed a retired judge of the court Justice D.K. Jain as the first ombudsman under the new BCCI (Board of Control for Cricket in India) Constitution approved by the court in a judgment.
ii. Bringing a quietus to the quibbling between the Committee of Administrators (CoA) which runs the BCCI and the State bodies that form the Board, a Bench of Justices S.A. Bobde and A.M. Sapre decided to take things into their own hands on the advice of amicus curiae and senior advocate P.S. Narasimha.

Economy News



15. EPFO Hikes Interest Rates On EPF By 0.1%
i. Employees' Provident Fund Organisation has hiked interest rate on employees' provident fund to 8.65% from 8.55% for the 2018-19 fiscal year. The announcement was made by Labour Minister Santosh Gangwar.
ii. The proposal would now go to the Finance Ministry for approvalg. The Central Board of Trustees (CBT) headed by Labour Minister is the apex decision making body of the EPFO which finalises rate of interest on PF deposits for a financial year.

Awards 



16. PM Modi Conferred With Seoul Peace Prize in South Korea
i. Prime Minister Narendra Modi was conferred with the Seoul Peace Prize during his two-day visit to South Korea. The award was first announced by the Seoul Peace Prize Cultural Foundation in October 2018.
ii. Former Secretary-General of the United Nations Kofi Annan and German Chancellor Angela Merkel are among previous recipients of the award.


2018-08-15

Wednesday 20 February 2019

daily news 20-2-2019


National News



1. PM Modi Flagged Off 1st Ever Diesel To Electric Conversion Locomotive
i. Under ‘Make in India’ initiative, Indian Railways has created history by converting a diesel locomotive into electric locomotive for the first time in the world. This all new converted energy-efficient electric locomotive has been flagged off by PM Narendra Modi in Varanasi.
ii. In a first of its kind notable initiative, the diesel locomotive which has been converted to electric locomotive by the Diesel Locomotive Works (DLW) in Varanasi. The entire project is an Indian R&D innovation for the entire world, says Indian Railways.

2. Saudi Becomes 73rd Nation To Sign International Solar Alliance
i. Saudi Arabia became the 73rd nation to sign the International Solar Alliance. ISA was unveiled by PM Narendra Modi and former French President Francois Hollande in 2015. 
ii. The move came at Saudi Arabia's Crown Prince Mohammed bin Salman visit to India.

3. Tourism Minister K.J. Alphons Inaugurated ‘Eco Circuit’ Project in Kerala 
i. K.J. Alphons, Union Minister for Tourism inaugurated the project ‘Development of Eco Circuit: Pathanamthitta – Gavi – Vagamon – Thekkady’ under the Swadesh Darshan scheme of Ministry of Tourism at Vagamon, Kerala.
ii. This Eco Circuit project was sanctioned in December 2015 for Rs. 76.55 crores. Major works carried out under the project includes Eco Adventure Tourism Park at Vagamon, Cultural Centre at Kadamanitta.
4. Textiles Minister Launched 4 Projects in North-East For Development Of Silk Sector
i. Union Minister of Textiles, Smriti Zubin Irani, launched four projects in North East for the development of silk sector through video conference in New Delhi. 
ii. Smriti Zubin Irani inaugurated Muga silk seed production centre in Tura, Meghalaya, silk printing and processing unit in Agartala, Tripura, Eri spun silk mill in Sangaipat, Imphal and development of sericulture in Mamit, Mizoram.
Static/Current Takeaways Important For NIACL AO Mains Exam:

Assam is the 1st state nationalized (1950) in India among North-East states.



5. Commerce Minister Launched ‘SWAYATT’ on GeM
i. Union Minister of Commerce & Industry and Civil Aviation, Suresh Prabhu, launched SWAYATT in New Delhi. SWAYATT is an initiative to promote Start-ups, Women and Youth Advantage Through eTransactions on Government e Marketplace (GeM). 
ii. On this occasion, Commerce Minister also dedicated GeM Start-up Runway-an initiative of GeM in association with Start-up India to facilitate Start-ups registered with Start-up India to access the public procurement market and sell innovative products and services to government buyers.
Static/Current Takeaways Important For NIACL AO Mains Exam:

Radha Chauhan is the CEO of Government e Marketplace (GeM).



6. Development Projects Worth Rs. 3350 crores Unveiled by PM in Varanasi
i. The Prime Minister, Narendra Modi unveiled development projects worth Rs. 3350 crores for VaranasiUttar Pradesh. These projects pertain to various sectors of Health, Sanitation, Smart City, Connectivity, Power, Housing and others.
ii. He released commemorative postage stamp on completion of 100 Years of IIT BHU. He also inaugurated BHU Cancer Centre and Bhabha Cancer Hospital, Lahartara.
Static/Current Takeaways Important For NIACL AO Mains Exam:

Governor of UP: Ram Naik, CM of UP: Yogi Adityanath.



7. Important Cabinet Approvals: 19th February 2019
i. The Union Cabinet chaired by Prime Minister Narendra Modi has given the following set of approvals. The important Cabinet Approvals are given as follows:
ii. The Cabinet has approved- 
1. Promulgation of the Banning of Unregulated Deposit Schemes Ordinance, 2019.
2. The release of an additional instalment of DA to Central Government employees and DR to Pensioners, due from 1.1.2019.
Find The Complete Set of Approvals Here

Sci-Tech News



8. India’s First Hi-Tech Forensic Lab NCFL and CyPAD Inaugurated In New Delhi
i. Cyber Prevention Awareness and Detection (CyPAD) Centre and the National Cyber Forensic Lab (NCFL) were inaugurated by Union Home Minister Rajnath Singh and LG Anil Baijal in Dwarka, New Delhi.
ii. To spread awareness among school students and teachers, the Ministry of Home Affairs (MHA) has started a popular Twitter handle @CyberDost.
9. Bandicoot-A Drainage-Cleaning Robot Introduced In Chennai
i. Bandicoot, a drainage-cleaning robot, has been introduced for the first time in India at the Kumbakonam city corporation as part of efforts to rid of manual scavenging at the cost of Rs 18 lakh in Chennai, Tamil Nadu.
ii. It is a semi-automatic robot can enter manholes for cleaning sewage lines with its robotic arm and is equipped with 5 night-vision cameras to relay the scenario underneath. 

Business/Banking News



10. HDFC ERGO Launched 1st-of-its-kind Trip Protector' Policy
i. HDFC ERGO General Insurance Company, India's third-largest non-life insurance provider in the private sector, announced the launch of ‘Trip Protector' insurance policy, a pioneering policy in the non-life insurance segment in India.
ii. In the event of a cancellation, either a flight or hotel booking, Trip Protector insurance policy will safeguard travelers financially against the cost of cancellation levied by Hotels or Airlines. 
Static/Current Takeaways Important For NIACL AO Mains Exam:

HDFC ERGO General Insurance Company is a 51:49 joint venture between the Housing Development Finance Corporation Ltd. (HDFC) and ERGO International AG.



11. Government Relaxes Angel Tax Norms For Start-ups From 7 Years To 10 Years
i. The Ministry of Commerce and Industry in an attempt to provide relief to and boost investments into start-ups in India has decided to simplify the process for them to get exemptions under the Income Tax Act, 1961.
ii. It will now recognize an entity as a start-up up to 10 years from the date of its incorporation or registration instead of the existing duration of 7 years. It will also recognize an entity as a start-up if its turnover for any of the financial years since its incorporation or registration does not exceed Rs 100 crore unlike the previous amount of Rs 25 crore.

Important Days



12. World Day of Social Justice: 20 February
i. The World Day of Social Justice is celebrated annually all over the world on 20 February
ii. The theme for WDSJ 2019 is "If You Want Peace & Development, Work for Social Justice".

Awards 



13. 7th National Photography Awards Announced: Complete List of Winners
i. Union Minister of State (IC) for Information & Broadcasting and Youth Affairs & Sports Col. Rajyavardhan Rathore presented the 7th National Photography Awards in a function organized at National Media Centre in New Delhi. 
ii. The theme for the Professional category was “Women led Development”, while the theme for Amateur category was “Fairs and Festivals of India”.
iii. The list of the Award winners is as under:

Lifetime Achievement Award – Shri Ashok Dilwali





Professional Photographer of the Year – Shri SL Shanth Kumar





Amateur Photographer of the Year – Shri Gurdeep Dhiman





Special Mention Awards (Professional) – Shri Arun Sreedhar, Shri P.V. Sunderrao, Shri Kailash Mittal, Shri Mihir Singh, Ms. Ranita Roy.





Special Mention Awards (Amateur) – Shri V. Ravi Kumar, Ms. S. Neelima, Shri Manish Jaisi, Shri Mahesh Balasaheb Lonkar, Shri Avijit Datta.





Sports News



14. Squash Great Nicol David Announces Retirement
i. Malaysia’s 8-time World Champion Nicol David has announced that she will call time on her record-breaking career at the end of the 2018/19 season. 
ii. The 35-year-old from Penang is one of the most successful squash players of all time and spent an unprecedented 9 years at World No.1 between 2006-2015.

Obituaries



15. Noted Hindi Writer Namvar Singh Passes Away
i. Noted Hindi writer Namvar Singh passed away in New Delhi. He was 92. Singh was the first chairman of JNU's Centre of Indian Languages.
ii. He has authored over dozen books including 'Kavita Ke Naye Pratiman', 'Chhayavad' and 'Dusri Parampara Ki Khoj' among others. He received Sahitya Academy Award for literary criticism in 1971 for 'Kavita Ke Naye Pratiman'.
16. ‘Badge of Honor’ Military Novelist, W.E.B. Griffin Passes Away
i. American military veteran and novelist, William E. Butterworth III, better known as W.E.B. Griffin (his pen name), passed away at the age of 89. He joined the army at the age of 17 and has served in the Korean War.
ii. He wrote more than 200 books under the pen name W.E.B. Griffin and various other names and sold millions of copies.