News on 5-11-2016

1. First World Tsunami Awareness Day observed

i. The First World Tsunami Awareness Day is being observed today across the world.
ii. The theme for the year is Effective Education and Evacuation Drills.
iii. The observance of the day will help to spread awareness among people across the world in matters related to the dangers of the tsunami.

2. President approves payment of 2% DA from July 1

i. President Pranab Mukherjee on 04 Novemver 2016 approved the 2% hike in Dearness Allowance to central government employees, a move that could benefit 50.68 lakh employees and 54.24 lakh pensioners.
ii. DA is provided to employees and pensioners to minimise the impact of price rise on their earnings. Earlier this year, DA was hiked 6% to 125% of the basic pay.

3. Switzerland appoints Ranveer Singh as brand ambassador

i. Bollywood actor Ranveer Singh has been now named the first Indian ambassador for Switzerland Tourism.
ii. Singh will now be in charge of promoting Switzerland Tourism’s campaign for 2017 – “Nature wants you back!”

4. Twitter India MD Parminder Singh resigns

i. Two days after Twitter India head Rishi Jaitly announced his exit, the microblogging network’s MD for India, Southeast Asia and Middle East and North Africa region (MENA).
ii. Singh’s departure marks a series of high-level changes in Twitter’s management, even as the company’s growth slows down globally and layoffs continue at its offices around the world.

5. Sonu Sood's Xuanzang is China's official entry to Oscars

i. China has selected historical-adventure film Xuanzang, which co-stars Bollywood actor Sonu Sood, as its official entry for the 89th Academy Awards.
ii. The project is a part of the three-film agreement signed between India and China.
Centre imposes Rs 10,000 cr penalty on RIL and its partners
i. Government has slapped a nearly 10,000 crore rupee fine on Reliance Industries Limited (RIL) and its partners BP and Niko for pumping out gas that flowed to the Krishna Godavari-D6 Block from an adjoining field owned by ONGC.ii. The Centre has given RIL a month to respond. The Oil Ministry, in a notice, to all the three partners sought 1.47 billion dollars for producing nearly 338 million British thermal unit in seven years ended March this year.

6. Yes Bank launches new mobile banking app

i. India's Private sector lender Yes Bank has launched “Yes Mobile 2.0” its new mobile banking app with multiple new features and extensive support for banking transactions on Apple and Android-based SmartWatches.
ii. The new application is filled with features like comprehensive bill payments, speech to text  capabilities for registering complaints and queries and even bill payments from wearables

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