September, 2016

Current Events September 2016 – Tamilnadu

• Regional News Editors’ Conference Begins
Information and Broadcasting Minister Venkaiah Naidu has inaugurated Regional News Editors’ Conference in Chennai. The conference is Organized by the Press Information Bureau. The two days conference will discuss the policies and initiatives of key Ministries. The participants will be apprised of the key programs and roadmap for the future pertaining to flagship schemes.
• Karnataka Releases Cauvery Water
Karnataka government has decided to release Cauvery water to Tamil Nadu. A decision has been taken to release water as directed by the apex court. Tamil Nadu had moved court after Karnataka released far less water this year than was decided. The water of the Cauvery river flows through Karnataka & then into Tamil Nadu was originally divided according to nearly century-old agreements.
• Karnataka seeks change in SC order
Succumbing to political pressure and public protests, the Karnataka government filed a plea to modify a Supreme Court order directing it to share Cauvery water with Tamil Nadu. The plea, for an urgent hearing in the matter, will be placed before Chief Justice of India T.S. Thakur. Justice Misra’s Bench on September 5 passed the interim order for release of 15,000 cusecs to Tamil Nadu.
• Indowind to invest in 10 MW plant
Indowind Energy, an independent power producer, has decided to set up 10 MW wind energy project in Chitradurga district, Karnataka. The planned investment is about ` 65 crore for the project. The company is planning to set up a 25 MW unit either in Tamil Nadu or Karnataka with an investment of ` 150 crore.
• Adani Unveils Largest Solar Plant in TN
The Adani Group has opened the world’s largest single location solar power plant in Tamil Nadu, which will produce 648MW of electricity. The plant was built at Kamuthi in Ramanathapuram district at a cost of around ` 4,550 crore. The plant has been connected to a 400 kilo volts substation of Tamil Nadu Transmission Corp. The plant was built in a record time of eight months.
• T.N. Assembly Passes Resolution
The Tamil Nadu assembly has passed a resolution asking the Centre to prevail upon Kerala & Karnataka govts not to construct any structures across the Siruvani & the Cauvery rivers.The resolution said the Siruvani was an inter-state river and a “sub-tributary” of the Cauvery.The Siruvani River is a river near Coimbatore & is tributary of Bhavani river which in turn is a tributary of Cauvery.
• Swadesh Darshan Projects Get Govt Nod
Centre has approved 450 crore rupees for Madhya Pradesh, Uttarakhand, Tamil Nadu, Uttar Pradesh & Sikkim under the Swadesh Darshan scheme.The scheme was launched with an objective to develop 13 theme-based tourist circuits in the country.Ramayana circuit’ in U.P. with a project cost of Rs 70 crore was approved, while ‘heritage circuits’ in M.P. & Uttarakhand were also sanctioned .
• Karnataka erupts over SC order
One person died and four were injured in police firing during violence in Karnataka. The situation worsened after the Supreme Court ordered that Cauvery water continue to flow to Tamil Nadu. The court, reduced the quantum of daily water release ordered earlier, from 15,000 cusecs to 12,000 cusecs.
• UP, Bihar – India’s youngest population
Uttar Pradesh and Bihar’s populations have the lowest median ages or youngest populations in India. Kerala and Tamil Nadu have the highest median ages, according to Census 2011 data, compiled by Bengaluru-based think tank Takshashila Institution. The median age is the age which divides the population into two equal halves.

Current Events September 2016 – India

• Gowda Inaugurated 8th Meet of SAARCSTAT
Union Minister Shri. D.V. Sadananda Gowda inaugurated the 8th Meeting of Heads of SAARC Statistical Organizations (SAARCSTAT) in New Delhi. The theme of this Meeting is “Trade Statistics – Merchandise & Services”. Reducing Asymmetry in Trade data amongst SAARC countries is one of the topics for discussion in this meeting. India has taken up the issues of data reconciliation with a few countries.
• MoU between MoUD & Amar Chitra Katha
The Ministry of Urban Development (MoUD) signed a MoU with Amar Chitra Katha to publish & distribute a special edition of the comic book, focusing on Swachh Bharat Mission. The 32-page comic book will carry messages pertaining to sanitation & solid waste components of Swachh Bharat Mission. The book would comprise a series of inspirational stories from the mission.
• BRICS Convention on Tourism Begins
The two day “BRICS Convention on Tourism” has began at World heritage site, Khajuraho in Madhya Pradesh. The BRICS countries India, Brazil, Russia, China & South Africa will participate in the convention. The event will comprise of inter- governmental exchange of views & ideas on different subjects. The convention is being organised as a precursor to The BRICS Summit to be held in Goa in Oct.
• India at 35th Rank in WB Logistics Index
India has ranked 35 among 160 countries on World Bank’s Logistics Performance Index (LPI) for 2016.India’s position on the global list has improved by 19 places compared to the previous list. The World Bank LPI is released every two years.The logistics’ list was topped by Germany.The LPI measures performance at key international gateways in countries such as India and China.
• Cabinet Approve Permanent Residency Plan
The govt has approved the scheme for granting Permanent Residency Status (PRS) to foreign investors.The govt will grant PRS if they will invest at least ` 10 crore in over 18 months or ` 25 crore in 36 months.The foreign investment should result in generating employment to at least 20 resident Indians.The PRS will serve as a multiple entry visa without any stay stipulation.
• India, Egypt To Step Up Security Coop
India & Egypt has decided to step up their overall defence & security cooperation to tackle the twin challenges of terrorism & radicalization.A series of decisions to combat terrorism were taken in wide-ranging talks between PM Modi & President of Egypt Abdel Fattah al-Sisi. For India, Egypt is a strategically located country which is a crucial link between northeast Africa & the Middle East.
• Punit Goenka is New IBF Chief
Punit Goenka, MD & CEO, Zee Entertain-ment Enterprises has been elected as the Indian Broadcasting Foundation’s President.Indian Broadcasting Foundation (IBF) is the representative body of television broadcasters.He replaces Uday Shankar at the helm of the IBF.He is also the chairman of the television ratings agency Broadcast Audience Research Council (BARC) India.
• India Extends $500 million to Vietnam
India has extended a USD 500 million line of credit to Vietnam to deepen their defence cooperation. The line of credit is just one of a dozen agreements India & Vietnam signed in Hanoi during Modi’s state visit. The 12 agreements were signed in a wide range of areas covering defence, IT, space, cyber security. Indian Navy and Vietnam Navy will cooperate in sharing of white shipping information.
• Indian Embassy Sets Up Solar Plant
The Indian Embassy in Hanoi has set up a grid connected solar energy generation plant in its office building. The plant was set up as per the wishes of Prime Minister Mr. Narendra Modi to make Indian Missions abroad green. The Indian embassy in Hanoi is the first to start this mission green, in abroad. The energy not used would be automatically added in the power grid.
• Unit-2 of Kudankulam to Start in Dec
The second unit of Kudankulam Nuclear Power Plant is scheduled to begin commercial operation in December this year. The unit with the Russian-designed VVER-1000 reactor was synchronised with the southern grid on August 29. The connection of the second unit brings India’s installed nuclear generating capacity to 6,780 MWe. The units 3 and 4 will begin power production by 2022-2023.
• Sikki & Pranaav Clinch Brazil Open Title
India’s mixed doubles pair of Sikki Reddy and Pranaav Jerry Chopra clinched their maiden Grand Prix title in the Brazil Open Grand Prix.The top seeded Indian pair defeated Canadian combo of Toby Ng and Rachel Honderich 21-15, 21-16 in straight games at Costa Cavalcante.Sikki has won as many as five international challenger titles in 2015.
• Minakshi Creates Record in Hammer Throw
Minakshi of CISF has created a new record in the Women’s Hammer Throw at the 65th All India Police Athletics Championship in Hyderabad.She broke the earlier record of 54.66 meters and set a new record of 57.58 meters and won Gold medal.The CISF tops the medal tally with a total 19 medals including 10 golds.While BSF with 5 Golds is at second position and Punjab Police is at third position.
• India Eliminates Yaws & MNT
India received certificate from World Health Organisation, recognizing the elimination of Yaws, Maternal & Neonatal Tetanus (MNT) from the country.The health minister received the certificate from WHO Director General Margaret Chan.India is the first country under the 2012 WHO neglected tropical diseases (NTD) roadmap to eliminate yaws.It is a disease affect the most underserved population.
• 7 Indian Institutes Listed in Top 400
Seven Indian institutes have been listed in the top 400 educational institutions in the world.According to ‘QS World University Rankings, Massachusetts Institute of Technology (MIT) hold on to the top spot. Indian Institute of Science ranked at 152 in the list.Other Indian universities are the IITs — Delhi (185), Bombay (219), Madras (249), Kanpur (302), Kharagpur (313) & Roorkee (399).
• Ujala Scheme Launched in Kashmir
The CM Mehbooba Mufti has formally launched Government of India’s power saving Scheme, UJALA in Kashmir.The scheme is aimed at benefiting consumers by reducing electricity bill and help state in energy conservation.UJALA is an acronym for Unnat Jyoti by Affordable LEDs for All.Under the scheme LED bulbs will now be available in J&K at a subsidised rate ` 20.
• India, Kazakhstan Joint Exercise Begins
India, Kazakhstan joint bilateral military exercise PRABAL DOSTYK-16 began in Karaganda region of Kazakhstan.The primary aim of exercise will be to enhance interoperability while undertaking Counter Terrorism & Counter Insurgency Operations.Combat battle drills and physical fitness will be the focal point of the exercise.It will be a significant step towards fostering military ties.
• India Signs Open-Air Pact with Greece
India has signed a memorandum of understanding (MoU) with Greece to allow unlimited number of flights into each other’s countries.As per the agreement, India will allow unlimited flights to and from Greece.Greece has become the first country to have an open sky agreement with India under the new policy.Under the open sky pact, there is no restriction on flights or seats.
• Sidhu Launches New Political Forum
Cricketer-turned-politician Navjot Singh Sidhu has formally launched a new political front, Awaaz-e-Punjab. Mr. Sidhu said Awaaz-e-Punjab was not a party but a forum for all like-minded people to come together to serve Punjab’s interests. He had resigned as Rajya Sabha MP in July this year following differences with the BJP. Elections to 117 assembly seats are likely to be held in Jan or Feb.
• Supreme Court refuses to stay HC verdict
The Supreme Court on Friday refused to stay the Delhi High Court judgment declaring Delhi a Union Territory and the LG its administrative captain. The decision was taken by a bench of Justices A.K. Sikri and N.V. Ramana. The Bench said it would give a preliminary hearing of the appeals on the next date and decide whether they should be referred to a Constitution Bench.
• IAF MiG-21 aircraft crashes in Barmer
An Indian Air Force MiG-21 fighter aircraft crashed in Barmer area of Rajasthan. The pilot and the co-pilot managed to eject safely. Debris of plane has been scattered in 2-3 kms area on sand dunes in Magni ki dhani. The crashed plane was a MIG 21 T 69 Trainer aircraft.
• Talgo train to have final trial today
The final trial of the Spanish-made train, the Talgo will be conducted. Nine super light-weight coaches manufactured by Spanish firm Talgo, which can hit 200 km per hour, will be tested between Delhi and Mumbai. The nine-coach Talgo train consists of two Executive Class cars, four Chair Cars, a cafeteria, a power car and a tail-end coach for staff and equipment.
• India to boost self-sufficiency in coal
India is on its way to boost self-sufficiency in coal with a 5.1 per cent year-on-year output growth in the first half of 2016. The higher prices of seaborne coal prompted power plants to increase the use of domestic coal. The doubling of the volume-based clean-energy tax in February 2016 increased demand for high-caloric-value coal, as evident from increased Imports from South Africa & Australia
• Talgo completes Delhi-Mumbai trial run
The Spanish-made Talgo train completed its final trial between Delhi and Mumbai in 11 hours and 42 minutes at a maximum speed of 150 kmph. The lightweight train with nine coaches left New Delhi at 2.45 p.m. on Saturday and reached Mumbai at 2.33 a.m. early this morning, covering 1,384 km. Talgo aims to reduce travel time between the two cities by four hours.
• Nepal for positive change in ties
Nepal will tie with India to overcome the impact of the 2015 earthquake. Mr. Mahat said the difficulties that had marked bilateral ties during the previous government of K.P. Sharma Oli will not be allowed to recur. Mr. Mahat talked about the Pancheshwar dam hydroelectricity power project and Hulaki road project, construction of cross-border railways and building skill development centres.
• All bases under drone surveillance
The Indian Air Force’s (IAF) premier Western Air Command (WAC) declared that it was putting all of its bases under a ‘continuous’ surveillance by drones. This has been done to enhance the security cover in and around the 200 bases which come under the WAC. This is a move made in the wake of the terrorist strike on the Pathankot air force station, earlier this year.
• India takes U.S. energy dispute to WTO
India has complained to the WTO about support given to the renewable energy industry in eight U.S. states. The complaint alleges the states of Washington, California, Montana, Massachusetts, Connecticut, Michigan, Delaware and Minnesota prop up their renewables sector with illegal subsidies and domestic content requirements. This creates an obligation to buy local goods rather than imports.
• India to lead coalition for epidemics
India will lead the global fight against epidemics as it is a key member of the newly formed Coalition for Epidemic Preparedness Innovations. The coalition will focus on eleven illnesses including Chikungunya, Middle East Respiratory Syndrome, Crimean-Congo Haemorrhagic fever. Dr K Vijay Raghavan, secretary, Department of Biotechnology, India has been chosen as the chairman.
• GM mustard is tolerant of herbicides
Geneticist Deepak Kumar Pental, confirmed that one of the DMH-11 genes, called the bar gene, made the plant resistant to a herbicide. If cleared by the Genetic Engineering Appraisal Committee, it will be the first time a herbicide tolerant crop would be cleared for commercial use in India. Activist organisations from Greenpeace have protested using herbicide tolerant genes.
• Rafale deal with 50% offset clause added
A final agreement seems to be a week or two away for procuring 36 Rafale fighter jets from France. The deal, expected to cost just under $8 billion, was announced by Mr. Modi in Paris last year. The deal now includes a 50 per cent offset clause as per India’s procurement procedure under which French companies would have to invest that value in India for goods and services.
• Hotline to curb child pornography
The country’s first-ever hotline to curb sexual abuse of children through the Internet is set to be unveiled soon. ‘Aarambh Initiative’ a network of organisations on child protection in the country, has collaborated with the U.K.-based IWF, which is the most successful hotline in the world at removing child pornography. The hotline in India will be hosted on
• IIM-B example of gender diversity
IIM Bangalore has emerged as a leading example of gender diversity in the country in the Financial Times Global Masters in Management 2016 rankings. IIM-B is the only management school in India to have 28 per cent women in their 2 year PG Programme. The institute’s s two-year Post Graduate Programme in Management (PGP) was also ranked 19, a big climb from the number 26 ranking achieved in 2015.
• IB chief to address SAARC counterparts
The chief of India’s Intelligence Bureau (IB) will address the representatives of anti-terror forces of other member-countries of the SAARC on September 22. Director, Intelligence Bureau (IB), Dineshwar Sharma will be leading the Indian delegation and would discuss terror issues prevalent in the region. India would push to make the SAARC Terrorist Offences Monitoring Desk (STOMD) operational.
• Dial 1924 to register postal complaints
The Union government rolled out a helpline for users of India Post to register complaints about postal services. The toll-free number is ‘1924’. Communi-cations Minister Manoj Sinha said the complaints would be addressed within 24 hours of registration and The service has been started in Hindi, English and Malayalam and gradually, we will start it in all regional languages.
• Sarovar dam project brings migrants back
An ambitious ` 12,000 crore project to bring the water of the Narmada River to Gujarat’s parched Saurashtra region is helping reunite families. Thousands of men are returning home. SAUNI, abbreviated in Gujarati from Saurashtra Narmada Avtaran Irrigation Yojna, plans to fill up 115 dams of the region with excess run-off water of the Sardar Sarovar Dam across the Narmada River.
• India: 3rd largest construction market
India is set to become the third largest construction market in the world by 2025 with a size of $1 trillion. India’s construction market was around $400 billion in 2015. India is the 4th largest construction market in the world now behind the US, China and Japan. It is the fastest growing market now clocking around 7-8% annual growth.
• BRICS meet in New Delhi
China has signalled that it wants the Brazil-Russia-India-China-South Africa (BRICS) grouping to acquire a larger security dimension. State Councillor, Yang Jiechi has started for Delhi for a meeting of the national security advisers of the five emerging countries. The National Security Adviser Ajit Doval would be hosting the meeting that starts on Sept. 15.
• Hindi diwas celebrations
Every year Hindi diwas is celebrated on 14 September. Hindi Diwas commemorates the day when the Constituent Assembly of India accepted Hindi as the official language of the country along with English. The listing of Hindi as official language took place on September 14, 1949.
• Pakistani girl resumes classes in Delhi
Madhu Kumari, the Pakistani teenage refugee finally managed to get admission in the government school near her house. Madhu’s struggle started when she arrived in Delhi from Pakistan’s Punjab some two years ago with her family. When her case was highlighted, External Affairs Minister Sushma Swaraj intervened and asked Mr. Kejriwal to help Madhu.
• IAF’s Jaguar aircraft catches fire
The Indian Air Force’s Jaguar aircraft on Tuesday caught fire minutes before take off at the Ambala airbase but the pilot got out safely. Defence sources said the pilot spotted the fire during the take-off roll, aborted the take off and carried out safe exit. A court of inquiry has been ordered into the accident.
• GSAT-11 to be launched in early 2017
GSAT-11, India’s advanced and heaviest communication spacecraft to date at 5,700 kg, is to be launched early next year on the European Ariane launch vehicle. The high-throughput satellite with its multi-spot beam coverage of the country will be far superior to the older generation three-tonne INSAT/GSAT spacecraft. GSAT-11 is designed to generate a bandwidth of more than 12 gbps.
• India raises Balochistan at U.N
Raising Balochistan issue for the first time in UN, India accused Pakistan of widespread human rights violations. Ajit Kumar, India’s Ambassador and Permanent Representative at the U.N. in Geneva said the main reason for disturbances in Kashmir is the cross-border terrorism sponsored by Pakistan. Mr. Kumar said this during the 33rd Session of the U.N. Human Rights Council in Geneva.
• India’s online population to touch 500 m
With the advent of affordable smartphones and growing reach of internet across the country, India’s online population will reach 500 million by 2020, Google’s Asia Pacific Language Head, Richa Singh Chitranshi said. Majority of the Users are local language users said ‘Chitranshi’ while addressing IT students at Rajiv Gandhi Proayogiki (Technology) Vishwavidyalaya (RGPV) here.
• Task force for innovation ecosystem
The Department of Industrial Policy & Promotion (DIPP) has decided to set up a Task Force on Innovation. Task Force will assess India’s position as an innovative country, suggest measures to enhance the innovation eco-system and thus improve the country’s ranking in the Global Innovation Index (GII). India’s ranking in GII-2016 rose 15 places to 66th position.
• BRICS MoU on climate cooperation signed
India signed an agreement with fellow BRICS countries to deepen cooperation in abatement and control of air and water pollution. They also inked for efficient management of liquid and solid waste, climate change and conservation of biodiversity. Anil Dave, said in a statement that technology transfer and finance were two issues that need to be addressed to limit global warming.
• Five Indian museums in top 25 report
5 Indian museums are in the best 25 in Asia while Leh’s ‘Hall of Fame’ has topped the India list. The other 4 most rated museums of India are-Bagore Ki Haveli, Udaipur, Victoria Memorial Hall, Kolkata, Salar Jung Museum, Hyderabad & Jaisalmer War Museum. The Museum of Qin Terracotta Warriors and Horse in China topped the Asia list and world list is topped by Metropolitan Museum of Art in New York.
• India a top importer of Scotch whisky
India has emerged as one of the world’s fastest growing Scotch whisky import markets with value up 28 per cent to £43 million. The Scotch Whisky Association said India registered a massive jump in shipment value. India has established itself as the third-biggest export market for Scotch at 41 million bottles, marking a 41 per cent increase in sales volumes after France and the US.
• Indian-Origin Peer Wins Award
A Indian-origin British member of the UK Parliament has been honoured by a leading publishing group for his work in the medical profession. Lord Narendra Babubhai Patel was given the Lifetime Achievement Award during the Asian Achievers Awards for his work in the medical profession and public life in Britain. The Asian Achievers Awards are organised by Asian Business Publications every year.
• Union Water Resources Ministry Signs MoU
The Union Water Resources Ministry has signed an MoU with the Agriculture Ministry to encourage farmers along the Ganga to take up organic farming. It will help curb pollution caused by chemical fertiliser-laden runoff in the river. As per the MoU, the Agriculture Ministry will develop organic farming in over 5,000 villages along the Ganga under Paramaparagat Krishi Vikas Yojana.
• India Loses WTO Appeal in Solar Dispute
India has lost the appeal it had filed against a World Trade Organisation (WTO) panel ruling that the country’s power purchase agreements with solar firms were “inconsistent” with international norms. The WTO’s appeals judges upheld an earlier ruling that found India had broken WTO rules. The appeal ruling is final and India will be expected to bring its laws into compliance with the WTO rules.
• VK Sharma Replaces Roy as LIC chairman
VK Sharma was appointed as chairman of state-owned Life Insurance Corporation of India. Sharma is currently working as the Managing director of LIC. He will be replaced SK Roy as the finance ministry initiated a departmental inquiry against Roy. Roy became LIC chairman in June 2013. IC is an Indian state-owned insurance group and investment company headquartered in Mumbai.
• Indian-Origin to Head Global Blood Ser
An Indian-origin South African has become the first person from the African continent to head a global organisation of medicine professionals working for the safety of blood transfusion worldwide. Ravi Reddy will head the International Society for Blood Transfusion (ISBT), headquartered in Amsterdam. He has been credited with transforming the safety of blood donation and transfer in South Africa.
• Karnataka Asked to Give Cauvery Water to TN
The Cauvery Supervisory Committee has ordered Karnataka to release 3,000 cusecs water per day to Tamil Nadu between Sept 21& Sept 30. Karnataka & TN failed to reach an agreement on the quantum of water to be released. Union water resources secretary & chairman of the committee Shashi Shekhar asked Karnataka to release 3000 cusecs. The states are free to challenge this order in the Supreme Court.
• India External Debt Rises to $486 bn
India’s external debt at the end of March 2016 stood at $485.6 billion, up 2.2 per cent from over its level at over end-March 2015. At end-March 2016, long-term external debt was $402.2 billion. In contrast, short-term external debt declined by 2.5 per cent to $83.4 billion at end-March 2016. Of total external debt, the govt’s share stood at 18.9 per cent or $93.4 billion at end-March 2016.
• India Successfully Test-Fires Missile
India has successfully test-fired the most advanced surface-to-air missile ‘Barak-8’ off the Odisha coast. The long-range nuclear-capable ballistic missile, developed jointly with Israel. It was launched from a mobile launcher at the Integrated Test Range in Chandipur in Balasore district. The 4.5-meter missile weighs around 3 tonnes and can carry a payload of 70 kg.
• Tourism Investors Summit Begins
Shri Arun Jaitley has inaugurated the Incredible India Tourism Investors Summit (IITIS)-2016 in New Delhi. The three-day summit is an initiative of the Ministry of Tourism in association with Tourism Finance Corp & Confederation of Indian Industry (CII). The tourism Summit will focus on issues like ‘Invest in India’, MSME in tourism sector, infrastructure for tourism, start-ups, ‘Digital India’, etc.
• India Ranked 143 in Health Study
A global study on a range of health indicators has ranked India 143rd among 188 countries. India’s poor performance on hygiene, air pollution & mortality are among factors that place it lower. It was the first annual assessment of Sustainable Development Goals (SDG) health performance published in the Lancet. India was placed just ahead of Pakistan and Bangladesh.
• India to Host NZ in Next Davis Cup Tie
India will host New Zealand in the Davis Cup Asia/Oceania Group-1 first round tie from Feb 3-5. India are back in the Asia Oceania zone after being whitewashed by Spain in the World Group play-off tie. India have not lost to NZ in the last five ties played between the two teams. If India win the first round, they will clash with the winner of the other first round between Uzbekistan & Korea.
• India & Russia Kick off Military Exercise
India & Russia kicked off a joint military exercise Indra in Vladivostok,Russia. This is the eighth edition of Exercise Indra,which has been held since 2003. The main focus of this edition of the joint drills is on Counter-Terrorism Operations in semi-mountainous & jungle terrain. Each side has fielded 250 soldiers for the 11-day wargame,aimed at achieving interoperability in joint operations.
• India, France Ink Deal for Rafale Jets
India & France signed an around` 59,000 crore deal for 36 Rafale fighter. The Agreement was signed by Manohar Parrikar & French counterpart Jean Yves Le Drian. Under the deal, there is a 50% offset clause under which French industry will invest half of the contract value back in the country. The features that make the Rafale a strategic weapon is its Beyond Visual Range Meteor missile.
• India 3rd in ICC ODI Standings
India were placed third in the latest ICC ODI rankings released in Dubai. With 110 points, they were behind Australia and New Zealand. In the batting list, India’s mainstay Virat Kohli holds the second position with 813 points. He is behind South African talisman AB de Villiers. No Indian bowler features in the ODI chart & there is no one from the country in the all rounder list as well.
• Apple Joins Global Initiative RE 100
Apple Inc has joined global renewable energy initiative RE100. Apple is already powering its operations with 100% renewable energy. RE100 is a collaborative, global initiative of influential businesses committed to 100% renewable electricity. Companies joining RE100 are encouraged to set a public goal to procure 100% of their electricity from renewable sources of energy by a specified year.
• Centre to Launch Mission Parivar Vikas
The Centre will soon launch Mission Parivar Vikas in 145 High Focus districts in 7 states for improved family planning services. Its main objective is to accelerate access to high-quality family planning choices based on information, reliable services & supplies. These districts having the highest total fertility rates are in the states of U.P,Bihar, Rajasthan, M.P, Chhattisgarh, Jharkhand & Assam.
• FPI to Directly Trade in Corporate Bonds
The Securities Exchange Board of India (Sebi) allowed foreign portfolio investors (FPI) to trade directly in corporate bonds without needing any broker. Currently, FPIs can trade in Indian markets only through brokers. This move was first recommended in August by the H R Khan committee on development of corporate bond.The aim is to deepen corporate bonds market by attracting more overseas funds.
• Swiss Endorse New Surveillance Powers
Swiss voters have given a strong approval to a law on new surveillance powers for the intelligence agencies. The new law will allow the authorities to tap phones, snoop on email & deploy hidden cameras. Some 65.5% of voters agreed to accept the proposal.It will allow the Federal Intelligence Service and other agencies to put suspects under electronic surveillance if authorised by a court.
• GDP Growth to Top 8 pc on Rains, Reforms
Niti Aayog Vice-Chairman Arvind Panagariya has said, a good monsoon, reforms & timely decision making at the Centre will definitely push India’s growth beyond the 8 per cent. India’s growth rate slipped to a 6-quarter low of 7.1 per cent in April-June. The figure was 7.9 per cent in January-March. Last year, Indian economy expanded by 7.5 per cent in the April-June quarter.
• S4A Scheme Takes Off with HCC
Lenders to Hindustan Construction Company (HCC) have decided to recast the company’s debt obligations of ` 4,904 crore via the sustainable structuring of stressed assets (S4A) scheme. Bankers also plan to restructure loans to Adhunik Alloys & Power (AAPL) and Adhunik Power and Natural Resources (APNRL). This is the first lot of companies for which the S4A scheme is likely to be implemented.
• Bangladesh Writer Shamsul Haq Dies
Syed Shamsul Haq, one of Bangladesh’s best-known writers has passed away.He had started his journey with a poem titled ‘Ekoda Ek Rajyae’ in 1953 & has written over 100 books.He received the prestigious Bangla Academy Literary Award in 1966, Ekushey Padak in 1984 & the highest civilian award, the Swadhinata Padak, in 2000 for his outstanding contributions to Bengali literature.
• Trade Union Leader Sharad Rao Dies
Veteran trade union leader Sharad Rao passed away. He was associated with the Nationalist Congress Party & headed several unions including the Hind Mazdoor Sabha & the Brihan Mumbai Electric Supply Trust Workers’ Union. Several times he had brought the city to a halt through his agitations. He also served as the leader of Mumbai Autorickshawsmen’s union, the largest rickshaw union in the city.
• Voonik Acquires Styling App Dekkoh
Voonik Technologies Pvt. Ltd, which operates the fashion app Voonik had acquired styling app Dekkoh for an undisclosed amount. Dekkoh connects over 200 stylists to consumers seeking fashion advice. It allows users to chat with a stylist and buy clothing and accessories that suit them. Voonik also announced the acquisition of three other start-ups —Zohraa, Styl & Picksilk
• Mobikwik & Samagra Launch ‘M-Gullak’
Digital payments platform MobiKwik & Samagra, an NGO has launched “M-Gullak” to promote the habit of savings.“M-Gullak” will provide ICT-enabled mobile wallet platform that enables users save in very small amounts at various locations.The initiative has first been launched in Pune and is expected to benefit urban poor.M-Gullak will help urban poor become a part of India’s digital revolution
• Manohar Kamath to Head Myntra
Flipkart Group company Myntra has announced the appointment of Manohar Kamath as head of ‘Myntra Fashion Brands’ (MFB).He will take over from the current head of MFB, Abhishek Verma.Manohar moves into his new role at Myntra from Shoppers Stop.Myntra was acquired by Flipkart in 2014 & has partnered with over 2000 leading fashion and lifestyle brands in the country.
• Maha Tops in Ease of Doing Business
Maharashtra ranked highest according to a broad measure of Ease of Doing Business (EDB) in Indian states.This was announced by the Asia Competitiveness Institute (ACI) of the Lee Kuan Yew School of Public Policy in Singapore. Maharashtra topped the ACI’s list followed by Gujarat and Delhi. This is the first time that the institute has undertaken the survey.
• Gumthala Garhu Become First Wifi Hotspot
Gumthala Garhu near Pehowa became the first Wifi hotspot village in Haryana circle. The service was inaugurated by Chief Minister Manohar Lal Khattar from Chandigarh. The Wifi hotspot facility at the village uses bandwidth of 10 mbps through BSNL’s state-of-the-art network. In this Wifi hotspot, data can be accessed by multiple users simultaneously.
• Mukund Assumes Charge as MOIL CMD
Mukund Chaudhari has taken over as Chairman and Managing Director (CMD) of MOIL Ltd, a miniratna company. MOIL was formerly known as Manganese Ore India Limited. The MOIL is under the administrative control of the Ministry of Steel & is the largest producer of Manganese Ore in the country. He brings a long experience of over two and half decades in private and public sectors undertakings.
• Services Growth Hits 3½ yr High
Services sector growth touched the highest level in over three-and-a-half years.Nikkei India Services Purchasing Managers’ Index (PMI), which tracks changes in activity at services sector companies on a monthly basis, stood at 54.7 in August, up from 51.9 in July. A reading above 50 means the sector is expanding, while a reading below that level means contraction.
• Vedanta Resources Approves Merger
The shareholders of London-based Vedanta Resources – the holding company for mining major Vedanta Ltd & oil explorer Cairn India Ltd have approved a merger between the two subsidiary companies.The resolution proposing the merger was passed with almost all votes cast in favour of the motion.Last year, Anil Agarwal’s Vedanta Resources had proposed a merger between the two subsidiary companies.
• Pradhan Launches ‘Gas4India’ Campaign
Petroleum Minister Dharmendra Pradhan has launched the ‘Gas4India’ campaign. It is aimed at promoting the use of natural gas in the country. #Gas4India is a multi-event campaign to communicate the national, social, economic and ecological benefits of using natural gas.The govt is working to increase the share of gas in the country’s energy basket from the present 6.5%.
• Fortune’s ‘51 Most Powerful Women’ List
PepsiCo CEO & Chairman Indra Nooyi is the only Indian origin woman in Fortune’s ‘51 Most Powerful Women’ list. The list is topped by Mary Barra, CEO & chairman, General Motors. Ms Nooyi was ranked second on the list. The top 5 most powerful women in the list also included Marillyn Hewson of Lockheed Martin(3rd), Ginni Rometty of IBM (4th) & Abigail Johnson of Fidelity Investments (5th).
• Asnani Takes Charge as UCIL Chairman
C.K. Asnani, a chemical engineer from Osmania University, has taken charge as Chairman and Managing Director of Uranium Corporation of India Limited (UCIL). He was earlier associated with Nuclear Fuel Complex, Hyderabad. UCIL plays a significant role in nuclear power generation of the country. UCIL is a centrally owned Public Sector Undertaking under the Department of Atomic Energy.
• Two protesters killed in Kashmir clashes
Two men died in separate parts of Kashmir as protesters clashed with security forces, taking the death toll to 77. Though considered non-lethal, pellet guns have been under scrutiny with reports of many of its victims losing sight and deaths. Kashmir has been on the boil since security forces killed militant commander Burhan Wani on July 8.
• Gorkhas demand indigenous status
The GACDC has demanded that Gorkhas be recognised as an indigenous community of Assam. GACDC chairman Gorkhafa Harka Bahadur Chetry speaking at ‘Raithaney Gorkha Bhela’ meeting made the demand. They said the Assam Accord cut off date March 24, 1971 for identification of illegal migrants was not be applicable to Gorkhas as they were the “sons of the soil” and indigenous of the state.
• CBI to probe Embraer deal
Defence Minister Manohar Parrikar said he might recommend a CBI probe into the Embraer aircraft deal if it displayed “criminal nature”. He has directed the DRDO to send a complete report on the deal by Monday. India had signed a $208-million deal in 2008 for procuring three Emb-145 aircraft.
• Reliance owes ` 1,577 crore to MMRDA
Reliance Industries Ltd, which recently launched its telecom service Jio, owes ` 1,576.90 crore in additional premium charges to the Mumbai Metropolitan Region Development Authority as a lease-holder of two plots in Bandra Kurla Complex. Mr. Galgali has written to Maharashtra Chief Minister Devendra Fadnavis demanding recovery of the amount within 30 days with interest.
• Indian scientists recycle fish scales
A team of researchers at Jadavpur University has developed a biodegradable energy harvester – from raw fish scales. This could be tapped as a sustainable green energy source for next generation self-powered implantable medical devices. Fish scales, a by-product that is usually thrown away, contain collagen fibres that possess a piezoelectric property.
• RCom-Aircel merger
Reliance Communications (RCom) signed definitive agreements with Maxis Communications Berhad (MCB). The merger of wireless businesses of Aircel Limited with reliance will make it the largest-ever consolidation in the Indian telecom sector. The combined entity will enjoy substantial benefits of scale driving significant revenue growth, and capex and opex synergies with an NPV of ` 20,000 crore.
• BRICS MoU on Climate Cooperation Signed
India signed an agreement with BRICS countries to deepen cooperation in abatement & control of air & water pollution. Minister of State for Environment Anil Dave, said that technology transfer & finance were two issues that need to be addressed to limit global warming. He announced a collaborative R&D programme to develop next generation refrigerant tech as alternatives to hydrofluorocarbons.
• Navy Launches Missile Destroyer Mormugao
The Indian Navy has launched country’s latest destroyer, the Mormugao, at Mumbai’s Mazagon Docks. It is the second ship of Project- 15B. It is indigenously designed and highly successful guided Missile Destroyers. The vessel with a displacement of 7,300 tonne belongs to Visakhapatnam class of ships. The vessel will undergo certain testings and would be subsequently known as INS Mormugao.
• Foodgrain Output Set to Touch Record
Foodgrain production in the on-going kharif season is expected to be at a record high of 135.03 million tonnes (mt). Last year, total production of kharif was at 124.01 mt. Record kharif production at the moment stands at 131.27 mt achieved in 2011-12. According to the data, rice production is estimated at an all-time high 93.88 MT in the kharif season as against 91.31 MT in the last kharif.
• EESL Raises ` 500 cr via Domestic Bonds
Energy Efficiency Services Ltd (EESL) has raised ` 500 crore in its maiden issuance of bonds in the domestic market. The issuance has been fully subscribed showcasing the faith investors have in the energy efficiency business. It will be a key milestone for EESL to channelise more investments in the energy efficiency market. For FY 2016-17, the capex requirement of EESL is ` 3,500 crore.
• Delhi Govt Orders Reg of Diesel Vehicles
The Delhi govt has ordered restarting registration of diesel vehicles with engine capacity of 2000 cc & above.The vehicles will be registered on payment of one per cent of the price of such vehicles as green cess.The dealers who will be required to deposit this amount with Central Pollution Control Board, CPCB for pollution mitigation efforts.
• Wing flap of MH370 found in Tanzania
A wing flap washed ashore on an island off Tanzania has been identified as belonging to missing Malaysia Airlines Flight 370. The flap was found in June by residents on Pemba Island. Several pieces of wreckage from the plane have washed ashore on coastlines around the Indian Ocean since the aircraft vanished with 239 people during a flight from Kuala Lumpur, Malaysia, to Beijing on March 8, 2014.
• IAF Successfully Test Fires MICA Missile
Indian Air Force has successfully fired recently acquired long-range air-to-air MICA missile from Mirage-2000 Upgrade combat aircraft. The missile achieved a direct hit on a target. IAF has become one of the few air forces in the world with the capability of such beyond visual range air-to-air missile. The MICA is an anti-air multi-target,fire-and-forget short and medium-range missile system.
• BHEL Commission Unit-4 of Teesta Project
BHEL has commissioned the fourth & last unit of the 4×40 MW Teesta Low Dam Hydro Electric Project Stage-IV in West Bengal. A run-of-the-river greenfield project located in Darjeeling district of West Bengal.BHEL was entrusted with the Electrical & Mechanical works for four units of 40 MW each by NHPC.Power generation from the Teesta project will result in reduction of green-house gas emissions
• Army starts operation Calm Down
As turbulence continues unabated in the Valley, the army has quietly moved an entire brigade into South Kashmir as part of operation ‘Calm Down’ to clear it of militants and protesters. Militants and their sympathisers are calling the shots, holding protests and blocking arterial roads. Nearly 4000 additional troops have been pressed into service to restore normalcy.
• India, Mauritius agree to expand ties
India and Mauritius extended their collaboration to the areas of defence and security. Discussions on a Comprehensive Economic Cooperation Partnership Agreement (CECPA) between the two countries restarted. Ms. Swaraj thanked Mr. Jugnauth for the decision that had made the protocol on amendment of the Double Taxation Avoidance Convention (DTAC) possible.
• India Approves Connectivity Project
India has approved an ambitious $1.04-billion project for constructing and upgrading 558 km of roads to link it with Bangladesh, Bhutan & Nepal. It will ease the movement of passengers and cargo, as part of the larger effort to increase inter-regional trade. The new project has been given an official nod by India’s Department of Economic Affairs with 50% funding from the Asian Development Bank.
• India to Clock 8% Growth: S&P
S&P Global Ratings projected India to clock a growth of 8% over the next few years. In its APAC Economic Snapshots–Sept 2016 report,S&P said India’s structural reform agenda has maintained strong momentum. Inflation remains a risk, given the large weights on food, fuel, and other volatile items. The latest GDP figures showed that India’s growth slowed to 7.1% in the April-June quarter.
• 86 MoUs Worth ` 15k crore Signed
A three day Incredible India Tourism Investors’ Summit was organised by the Union Tourism ministry for the first time. The first witnessed signing of 86 pacts worth around ` 15,000 crore for the development of tourism and hospitality projects. Gujarat leads the tally with signed pacts worth nearly ` 9,000 crore. The summit was aimed at inviting investments to fund tourism-related projects.
• Uber Signs Pact with T-Hub
Taxi-hailing company Uber has entered into a memorandum of understanding (MoU) with T-Hub. T-Hub is the start-up incubator promoted by Telangana government to help mentor start-ups. The MoU is part of Uber’s start-up initiative in India called UberExchange. T-Hub will invite start-ups to apply for the UberExchange programme & encourage participation from start-ups across the country.
• Sanjiv Singh is New Chairman of IOC
Sanjiv Singh will be the new Chairman of Indian Oil Corporation Ltd. He has been Director of Refineries at IOC since July 1, 2014. He will replace B Ashok on his superannuation at end of May 2017. He will have three-year tenure at the helms of India’s largest oil refining and marketing company. IOC is also the nation’s biggest company by revenue.
• India-US Joint Military Exercise Begins
The Indo-US Joint Military Training Exercise, Yudh Abhyas – 2016 is being conducted in Ranikhet, Uttarakhand. During the exercise,soldiers upgraded themselves with strategies of fighting through Rock craft, Cliff assault & rock climbing. This joint military exercise will help the soldiers of both countries in fighting in adverse situations.The exercise is the twelfth in the Yudh-Abhyas series.
• India to Boycott SAARC Summit
India will not take part in 19th SAARC summit scheduled to be held in Islamabad in Nov.Afghanistan, Bangladesh & Bhutan – have also signalled that they will not attend the meeting.The South Asian Association for Regional Cooperation (SAARC) is regional intergovernmental organization. Its member states include Afghanistan, Bangladesh, Bhutan, India, Nepal, the Maldives, Pakistan & Sri Lanka.

Current Events September 2016 – Research

• SpaceX Falcon 9 Rocket Explodes
A SpaceX Falcon 9 rocket has exploded in Cape Canaveral, Florida. The explosion comes ahead of SpaceX’s plans to launch Israeli-based Spacecom’s Amos 6 satellite with the Falcon 9. The satellite is a joint effort between Facebook & France’s Eutelsat to provide internet connectivity to 14 African countries. SpaceX is aiming to create a new era of reusable rockets and affordable private space travel.
• Sundar Elevated as D’guished Scientist
Noted Kudankulam Nuclear Power Project Director R S Sundar was elevated to the post of Distinguished Scientist. He was elevated in honour for his meritorious service. He graduated from the Coimbatore Institute of Technology as a Mechanical Engineer & joined the Department of Atomic Energy in 1980. He was then elevated as KKNPP Site Director in 2014.
• Toxic Particles Discovered in Brain
Scientists have for the first time discovered tiny magnetic particles from air pollution lodged in human brains. Researchers at Lancaster University found abundant magnetite nano particles in the brain tissue from 37 individuals aged three to 92-years-old. Particles smaller than 200nm enter the brain directly through the olfactory nerve after breathing air pollution through the nose.
• Asteroid-Analysing Explorer Launched
The US space agency NASA has launched a mission to retrieve a rock sample from a 500m-wide asteroid called Bennu. Scientists hope the material will reveal details about the formation of the planets. The probe, dubbed Osiris-Rex, blasted away from Florida on an Atlas rocket. The Japanese brought back a tiny amount of dust from asteroid Itokawa in 2010.
• ISRO Launches INSAT-3DR Satellite
The ISRO’s GSLV-F05 rocket has successfully placed INSAT-3DR advanced weather satellite in the intended orbit. The satellite is expected to provide a variety of meteorological services to the country. The launch from Sriharikota is the first operational flight of GSLV with indigenous cryogenic technology. GSLV-F05 is the tenth flight of India’s Geosynchronous Satellite Launch Vehicle (GSLV).
• Govt Approves 6 Start-up Centres
The govt has approved six proposals to set up centres of excellence to promote & fund start-ups. Under the National Initiative for Development and Harnessing Innovation (NIDHI), a programme steered by the Dept of Science & Tech. The proposals for six centres of excellence that were approved include SINE-IIT Bombay, Venture Center-NCL Pune, CIIE-IIM Ahmedabad & a research park at IIT-Gandhinagar.
• 212 million years old reptile found
Scientists have identified a new species of extinct reptiles that lived 212 million years ago. The found reptile was about 12 to 18 feet long carnivores related to crocodiles. The fossils of the reptile named Vivaron haydeni was found in Ghost Ranch of New Mexico during an excavation in 2009.
• ISRO successfully lifts up INSAT-3DR
ISRO has completed another milestone by successfully lifting the GSLV-F05 rocket from Sriharikota. Indian space agency used indigenous cryogenic upper stage engine to successfully locate the heavy weather satellite INSAT-3DR weighing 2800 kg into the orbit. The successful launch has given India another rocket after PSLV which India’s most successful rocket.
• Naik’s NGO on ‘prior permission’ list
Islamic preacher Zakir Naik’s NGO, Islamic Research Foundation, has been put under the ‘prior permission category’ by the Home Ministry. This bars it from receiving foreign funds directly into its account. The decision has been taken after a preliminary inquiry found that the NGO was carrying out activities contrary to the FCRA norms.
• Uber launches self-driving car trial
Uber rolls out its very first self-driving cars in Pittsburgh. A fleet of 14 Ford Fusions self-driving cars drove through the streets of Pittsburgh in the first-ever customer trial research exercise in autonomous technology. The exercise was conducted by the Pennsylvania-based Advanced Technologies Center. The vehicles can be summoned with a phone call.
• Scientists Successfully Grow 3D Lungs
Scientists in the United States, including those of Indian origin, have successfully grown three-dimensional lungs in the lab, using stem cells. The laboratory-grown tissue can be used to study diseases including Idiopathic Pulmonary Fibrosis (IPF), which has been difficult to study using conventional methods. IPF is a chronic lung disease in which lungs become thick & stiff.
• Origin of Pluto’s Huge Icy Heart Found
Scientists have unveiled the origin of the large heart-shaped nitrogen glacier on Pluto spotted by NASA’s New Horizons spacecraft. Researchers show that Pluto’s peculiar insolation & atmosphere favour nitrogen condensation near the equator, leading to an accumulation of ice at the bottom. One of the most unexpected observations showed that this reservoir of solid nitrogen is extremely massive.
• UN Agrees to Fight Antibiotic Resistance
The 193 countries of the United Nations have signed a declaration to rid the world of drug-resistant infections or superbugs. The commitment could prevent 700,000 deaths a year. It is the fourth time a UN declaration has been reached on a health issue – following HIV in 2001, non-communicable diseases in 2011 & Ebola in 2013. The signatories now have two years to report back with an action plan.
• Facebook Hires Anand Chandrasekaran
Facebook has roped in former chief product officer at Snapdeal, Anand Chandrasekaran, for a strategic role for its Messenger app. He served as chief product officer at Bharti where he launched mobile application & popular music-streaming app. He also served as the senior director of mobile & search products at Yahoo. FB has been trying to position Messenger as the de-facto text messaging app.
• GlaxoSmithKline Names Walmsley as CEO
GlaxoSmithKline had chosen its head of consumer healthcare, Emma Walmsley, as its new chief executive (CEO). She will become the first woman to head a top global pharmaceutical company. She joined Britain’s biggest drugmaker in 2010 from L’Oreal & will replace Andrew Witty. GSK had market-leading positions in pharmaceuticals, vaccines and consumer healthcare.
• Jabong Launches Social Intranet Platform
Jabong has announced its collaboration with Facebook at Work to launch a social intranet on mobile devices for its employees. The platform Destination is an endeavour by the e-tailer to provide a one-stop solution for its employees. It will ensure workplace collaboration through on-the-go access to all company policies, workflows, polls, project updates & team discussions.
• India to Host BRICS Scientists Conclave
India would be hosting the BRICS Young Scientist Conclave 2016 as a coordinating country. Scientists/ researchers from BRICS countries will meet in Bengaluru from 26-30th September, 2016. The conclave aims at promoting opportunities to engage and network young scientists of BRICS countries. The conclave would be organized and coordinated by the National Institute of Advanced Studies,Bengaluru.
• ISRO Successfully Launches SCATSAT-1
Indian Space Research Organisation (ISRO) successfully launched its satellite SCATSAT-1 for ocean and weather-related studies. Polar Satellite Launch Vehicle (PSLV-C35) carrying eight satellites took off from Satish Dhawan Space Centre in Sriharikota.ISRO’s SCATSAT-1 can generate accurate data on wind patterns over the ocean surface. The co-passenger satellites were from the US, Canada & Algeria.
• Florida’s univ gave money for Zika study
The University of Florida announced on September 15 that it has been awarded a US grant of roughly $1.7 million to research the mosquito-borne Zika virus in Haiti. The university’s Emerging Pathogens Institute said that the US National Institutes of Health grant will be allocated over four years. Director Dr. Glenn Morris said it will fund work identifying Zika cases in the Caribbean nation.
• First Cargo Truck from Dhaka Reach Delhi
The first cargo truck under the Bangladesh,Bhutan,India & Nepal (BBIN) Motor Vehicle Agreement for cross border movement reached. The cargo truck was dispatched from Dhaka as part of a trial run. The trial was organised to develop the protocols for implementing the agreement. The BBIN agreement was signed last year in Bhutan to facilitate cross border movement of both passengers & cargo vehicles.

Current Events September 2016 – Railway

• Railway Launches Travel Insurance Scheme
Railway has launched an insurance scheme for passengers travelling on
e- ticket.The insurance cover will be upto ` 10 lakh.The insurance cover will not be applicable for children upto 5 years of age. The facility will be available only for confirmed and RAC ticket passengers.The scheme offers travellers or nominees a compensation of ` 10 lakh in the event of death or total disabilty,
• Railways Surge Pricing on Premium Trains
The fares for Rajdhani, Shatabdi & Duronto are set to go up as the government has decided to introduce surge pricing from September 9.Under the new ‘flexi fare system’ the base fare of tickets will increase with the rising demand. The fares will increase by 10 per cent with every 10 per cent of berths sold.That could mean rising train fares during peak holiday and festive seasons.
• With mega runway Kannur airport in top 4
Kannur airport will be in the same class as Indira Gandhi International Airport, New Delhi (4,430 m), Rajiv Gandhi International Airport, Hyderabad (4,260 m) & Bengaluru International Airport (4,120 m). Based on travel demand, infrastructure and tourism in the Malabar region the runway will be extend from 3,050 m to 4,000 m. Board approved acquisition of another 162 acres for the runway extension.
• China has longest bullet train network
China’s high-speed railway has completed over 20,000 kms of track network in the country, becoming the world’s longest bullet train network. A high-speed railway linking Zhengzhou in China’s central Henan Province with Xuzhou in eastern Jiangsu Province opened on Saturday. With this new line, China’s high-speed railway lines have exceeded 20,000 kms in total length, the world’s longest.
• Surge fares net ` 1.6 crore in two days
Officials said there had been a positive response to the surge pricing initiative, with around 50,000 tickets being booked at higher fares. The Railways has introduced surge pricing beginning Friday under which fares will increase up to 40 per cent with every 10 per cent tickets sold in the premium trains. The railways had earned additional revenue of Rs. 80 lakh per day on September 9 and 10.
• Aadhaar cards mandatory for rail tickets
Soon, Aadhaar cards will be mandatory to book rail tickets, according to a new IRCTC directive. The move, which is probably one of the biggest of its kind, to push for an Aadhaar card-based ecosystem in India, would eventually force more and more rail commuters to apply for one. As per recent data, over 96 per cent of Indians already have an Aadhaar Card.
• Single budget saves 10000 crore for rail
Railways will save about ` 10,000 crore annually as it will no longer have to pay dividend if the separate Rail Budget is scrapped. A joint committee recommended waiving off of payment of dividend by railways though the practice of getting gross budgetary support (GBS) from the exchequer. Railways pays about ` 10,000 crore as dividend a year after getting about ` 40,000 crore.
• India may help Nepal build railway line
India is likely to offer Nepal’s new PM help in building an east-west railway line & better access to its ports. Pusp Kumar Dahal, a former Maoist rebel commander, has chosen New Delhi as his first foreign stop, seeking to rebalance ties that chilled under his pro-China predecessor. “Relations with India have become frosty for some time. I want to remove the bitterness,” Mr. Dahal told.
• Railways hockey team wins tournament
Indian Railways Men Hockey Team has won MCC Murugappa Gold Cup Hockey Tournament 2016 for the first time held at Chennai from 1st September – 11th September 2016. In the finals Indian Railways Hockey Team beat Indian Oil Corporation Team by 2 – 1. Before finals Indian Railways Hockey Team defeated the Bharat Petroleum Corporation Limited Team by 3 – 2 in the semi finals.
• Inefficiency in railway cost structure
Fare hike is not the only way to deal with losses of Indian Railways in passenger services business, Niti Aayog said. He revealed that the “inefficiencies” in the cost structure also contribute to it. The government’s apex policy-making body suggested that the national transporter will have to work on cost optimisation measures and enhancing its non-fare revenue.
• Yatri Mitra to the aid of rail passenger
To improve the railway travel experience of elderly, differently-abled & ailing passengers, the Ministry of Railways has announced the launch of ‘Yatri Mitra Seva’. This will simplify access to wheelchairs, battery operated cars and porter services. Yatri Mitra/Passenger Friend can be an assistant or any other person nominated for the purpose. Service can be availed by calling or messaging ‘139’.
• Railways Launches ‘Cleanliness Week’
Railway Minister Suresh Prabhu has launched the ‘Swachhta Saptah’ as part of the Swachh Rail Swachh Bharat Mission from New Delhi Railway Station. The objective behind the initiative is to spread wider awareness on sanitation. It also aims to make hygiene a habit amongst the travelling public. Prabhu announced to join hands with Sulabh International to clean some important railway stations.
• Paytm to Power IRCTC’s Payment Gateway
Mobile payment platform Paytm has tied up with the IRCTC to enable digital payments for travellers. The tie-up is a major step towards Paytm aim to bring the convenience of digital payments to travelers. The safety & ease of Paytm’s technology has made it a favorite among travelers. It’s a boon for over 30 million passengers who prefer to travel with the Indian Railways on a daily basis.
• Railways Launches Yatri Mitra Sewa
Railways has launched ‘Yatri Mitra Sewa’ to facilitate access to wheelchairs, battery operated cars and porter services. It aims to make rail travel comfortable for elderly, differently abled and ailing travellers. Yatri Mitra’ or ‘Passenger Friend’ can be an assistant or any other person nominated for the purpose. The service will be available at major railway stations across the country.
• Cabinet Approves Merging of Rail Budget
The Cabinet has decided to bring the curtains down on the 92-year-old tradition of presenting a separate Rail Budget. It has been decided to merge the Rail Budget & the General Budget. Railway Minister will not present it for the year 2017-18. It was also decided to advanced presentation of the annual Budget to get all the legislative approvals for the spending & tax proposals before April 1.
• Suresh Prabhu Inaugurates 6 Railway Projects
Railway Minister Suresh Prabhu inaugurated six major Railway projects in Kerala. He dedicated newly-built 9.6-km long Tiruvalla-Chengannur double line which would ease the heavy rail traffic congestion. He also inaugurated high-speed public WiFi service was made available at Thrissur station. Now the number of free wi-Fi enabled railway stations in the state has increased to five.
• Qatar Airways in Incredible India Summit
Qatar Airways participated in the Incredible India Tourism Investors’ Summit 2016 to reaffirm its commitment towards India’s tourism market.They discussed ways to create and enable an environment for investment in the tourism sector and to overcome any obstacles to growth.H.E. Mr. Al Baker said, “India is one of the world’s fastest growing economies, having tremendous business opportunities.”
• IGI Airport Becomes ‘Carbon-Neutral’
Indira Gandhi International Airport (IGI) New Delhi, has become the first airport in Asia-Pacific to be recognised as carbon-neutral.The Airports Council International (ACI) made this announcement in Montreal.Carbon neutrality status is granted if the net carbon emissions over an entire year is zero.This means the airport absorbs or offsets the same amount of emission that is generated.
• China to Build Deepest Rail Station
China will build the world’s deepest & largest high-speed railway station at a popular section of the country’s Great Wall. The station will be at Badaling, the most visited section of the Great Wall. The Badaling station will be located 102m (335ft) below the surface, with an underground construction area of 36,000 sq m. The Badaling station will run through mountains under the Great Wall.
• 1st US-Cuba Commercial Flight
The first commercial flight between the United States & Cuba in more than a half century landed in the central city of Santa Clara. A JetBlue Airways Corp passenger jet arrived from Fort Lauderdale, Florida, in the central Cuban city of Santa Clara. It was the first direct commercial flight between the US & Cuba in over a half-century. It’s the first such trip since the height of the Cold War.
• Air India Express Turns Profitable
Air India Express, the low-cost international subsidiary of Air India, has turned profitable for the first time since it started operations in 2005.The airline has made net profit of ` 361.68 crore in the fiscal year 2015-16 against the loss of ` 61 crore registered in the year 2014-15.The airline has achieved total revenue of ` 2,917.96 crore in the last fiscal.

Current Events September 2016 – Bank

•Goa Assembly ratifies GST Bill
The Goa Legislative Assembly has unanimously passed a resolution ratifying the amendments to the Constitution to pave way for the presidential assent to the Goods and Services (GST) Bill, 2016. Goa is the 15th State Assembly to ratify the Bill. With this, 50% of States have passed the Bill paving way for the presidential assent.
• RBI to Regulate P2P Lending
The RBI has proposed that peer-to-peer lending platforms would be regulated as a separate category of NBFCs.Peer-to-peer (P2P) lending is a form of crowd-funding with financial returns.Borrowers and lenders are brought together online with the help of the P2P lending platform, which is used to raise unsecured finance.The rates are lower than those offered by money lenders/unorganised sector.
• Anuradha: New MD & CEO of SBI Mutual
SBI Mutual Fund has appointed Anuradha Rao as its Managing Director and Chief Executive.She was Deputy Managing Director at SBI handling New Business Portfolio.She has also worked as the Chief General Manager of personal banking at the bank.She took charge from Dinesh Kumar Khara, who has been appointed Managing Director of State Bank of India (Associate & Subsidiaries).
• Guidelines on Sale of Stressed Assets
The RBI has issued a new set of guidelines with framework governing the sale of stressed assets by banks.Banks can now sell their stressed assets to other lenders, non-banking financial companies.As per the new guidelines ‘doubtful assets’ above a certain amount will have to be reviewed by the Board periodically.RBI asked local banks to frame clear policies for stressed-asset sales.
• Andhra Bank Begins Gold Bond Sale
Andhra Bank has opened the sale of sovereign gold bonds tranche-V, as part of the 2016-17 series-II notified by the government.The RBI has notified a rate of interest of 2.75 per cent per annum.The issue price of the Sovereign Gold Bond for this tranche has been fixed at ` 3,150 per gram of gold.The Gold Bond Scheme enables people to invest in gold without physically buying it.
• Union Bank Rolls Out Mobile App
Union Bank of India has launched USSD (unstructured supplementary service data) based ‘*99#’ mobile application. This ‘*99#’ mobile app does not require internet connectivity to perform banking.The app provides basic banking transactions such as checking account balance.It also provides value-added services like checking Aadhaar-linked overdraft status and PMJDY account overdraft status.
• DCB Bank Launches ‘mVisa’
DCB Bank has launched ‘mVisa’, a mobile-based payment solution. Customers can now pay through their smart phones by scanning the unique Quick Response (QR) code at the retail outlet.mVisa is a cardless solution that offers customers the convenience of making digital payments at retail outlets.Development Credit Bank Ltd (DCB Bank) is a private sector scheduled commercial bank in India.
• Mallya’s Asset Worth ` 6630 cr Attached
The Enforcement Directorate (ED) has attached ` 6,630 crore worth properties belonging to loans defaulter Vijay Mallya.The properties include a mall, a farmhouse and several stocks Mallya owns.Mallya owes ` 9,000 crore in loans to banks.The total attachment made by the agency in this case has now shot up to ` 8,044 crore.
• Allahabad Bank To Raise ` 500 cr
Allahabad Bank is looking to raise up to ` 500 crore by issuance of equity shares to qualified institutional buyers (QIBs). The bank will seek nod of its Board of Directors at the extraordinary general meeting.The issuance of equity shares will be floated in such a manner that the Government of India shall continue to hold not less than 52 percent of the paid-up equity capital of the bank.
• RBI Opens Door to Islamic Finance
The RBI has proposed working with the gov to introduce interest-free banking to tackle financial exclusion for religious reasons. It will potentially open Islamic finance to the Muslim minority population in the India. An estimated 180 million Muslims in India have been unable to access Islamic banking because of laws that require banking to be based on interest, which is forbidden in Islam.
• SBI To Kick Off Mega Merger By Oct-End
SBI hopes to kick off merger of its associates as well as Bharatiya Mahila Bank (BMB) with itself by October-end.The Bank will try to complete the process by March next, making it the 45th largest lender globally in terms of assets.The central board of SBI had approved the acquisition of all the five associate banks & BMB.SBI has three listed associate banks & two unlisted associates.
• Equitas Small Finance Bank Starts
Equitas Small Finance Bank has commenced its banking operations with 3 branches in Chennai.The Chennai-headquartered Small Finance Bank has plans to have a network of 412 branches. Equitas plans to have a network of Business Correspondents (BC) at branch level.Banks with a small finance bank license can provide basic banking service of acceptance of deposits and lending.
• SIT Asks RBI to Share Data
The Supreme Court-appointed Special Investigation Team (SIT) on black money has written to the RBI asking it to establish an institutional mechanism to share information on foreign exchange transactions.At present, the RBI keeps record of data for all types of transactions. SIT has stressed upon the need to have one agency as a data warehouse. The SIT is headed by Justice MB Shah (retd).
• Urjit Patel Takes Over as New Gov of RBI
Dr. Urjit Patel has assumed Charges of the Reserve Bank of India (RBI) governor.He assumed charge as the twenty-fourth Governor of the Reserve Bank of India.He succeeds Raghuram Rajan, who after serving a three-year term, is going back to academia.The appointment committee of cabinet has approved the appointment of Dr. Patel for three years, with effect from September 4.
• SBI to Raise $1 billion
State Bank of India (SBI) will raise $1 billion through a sale of dollar-denominated perpetual bonds to foreign investors.These bonds technically called AT1 or additional tier-I bonds & carry no maturity date.It will become the first Indian lender to sell such securities overseas.This bond sale will bolster SBI’s capital adequacy at a time when it is preparing for a merger with its associate.
• Nabard to Raise ` 6,000 cr
For the first time, the National Bank for Agriculture & Rural Development (Nabard) will provide funds to the Central Govt to fund irrigation projects. Nabard will raise about ` 6,000 crore.It will then on lend it to the government for the funding of Pradhan Mantri Krishi Sinchayee Yojana (PMKSY).It will make available the entire estimated ` 80,000 crore over the next few years.
• RBI to Infuse ` 10k cr via Bond Purchase
The Reserve Bank will conduct open market operations (OMO) to purchase government bonds to infuse liquidity of ` 10,000 crore.As part of the OMOs, RBI will purchase government securities maturing in 2017. OMOs are the market operations conducted by RBI by way of sale or purchase of government securities.Its objective is to adjust rupee liquidity conditions in the market on a durable basis.
• Syndicate Bank Appoints Director
Jayant Purushottam Gokhale has been appointed director of Syndicate Bank.The Centre has nominated Gokhale as part-time non-official director under the chartered accountants category for a period of three years.His appointment is subject to his resignation from the board of LIC Nomura Mutual Fund Asset Management Company, before joining the bank’s board.
• State Bank of India Raises ` 2100 cr
The country’s largest lender SBI has raised ` 2,100 crore by allotting Basel-III compliant perpetual bonds to YES Bank.This is part of the bank’s ` 11,100/- crore fund raising plan.These are additional tier-I (AT1) non-convertible, perpetual, subordinated, unsecured debt instruments in the form of debentures. Perpetual bonds carry no maturity date, so they may be treated as equity, not as debt.
• Currently, customers of 21 banks will be able to make payments on Trupay.
SBI, Tata Housing Enter into Pact SBI & Tata Housing have entered into a partnership that would enable easier financing & purchase of homes.The MoU were signed by Rajnish Kumar, MD (NBG), SBI & Brotin Banerjee, MD & CEO, Tata Housing.The MOU is valid for 3 years & the two partners will roll out multiple offers.The collaboration will facilitate Indian middle class to be able to realise the most important goal of owning a house.
• Yes Bank Launches its UPI Services
Yes Bank has commenced first of its kind Unified Payments Interface (UPI) services by partnering with 50 businesses.The UPI framework was developed by national payments corporation of India (NPCI) with the RBI.The UPI framework will make transactions instant, secure and interoperable.The bank aims to replace cash on delivery (CoD) with digital payments for Flipkart, Myntra and Jabong.
• Canara Bank Gets D&B Award
Canara Bank has been conferred with the Dun & Bradstreet Banking Awards 2016.It has been awarded for being the Best Bank under priority sector lending & Best Retail Growth performer amongst public sector banks. The award was received by Harideesh Kumar B, (ED), Canara Bank, from Vinod Rai, Chairman of Banks Board Bureau.Canara Bank is an Indian state-owned bank headquartered in Bangalore.
• RBI Cancels Reg Certificate of 5 NBFCs
The RBI has cancelled the registration certificates of five non-banking financial companies (NBFCs) while two surrendered their certificate. The entities whose certificates were cancelled are Simco Consultants, Lunkad Securities, Rajvir Marketing and Investment, Crystal Investments & Shri Jaya Investments Agency. The NBFCs which surrendered the certificate are Texas Resources & Vivek Vyapar.
• ICICI Prudential Life Gets Sebi Nod
ICICI Prudential Life Insurance Company has got approval of the Securities and Exchange Board of India (Sebi) for an initial public offering (IPO). It is the first by an insurer in India and the biggest in nearly six years. ICICI Bank will offload a 12.65 per cent stake in the company through the IPO. The size of the IPO is estimated to be worth around ` 5,000 crore.
• CBDT Launches Online ‘nivaran’
Central Board of Direct Taxes (CBDT) has launched the ‘e-nivaran’ facility for online redressal of taxpayers’ grievances related to refunds, ITRs. Taxpayers can register their complaints through their personal computer systems. The new system will ensure,the taxpayer gets his grievance redressed by just using an internet-enabled computer. It does not require them to travel to a tax office.
• President Gives Assent to GST Bill
President Pranab Mukherjee gave assent to the Constitution Amendment Bill on Goods & Services Tax (GST). The passage of the Bill will pave the way for setting up a GST Council that will decide the tax rate,cess & surcharges. The will subsume most of the Central & State taxes such as the Value Added Tax (VAT), excise duty, service tax, central sales tax. Parliament had on August 8 passed the bill.
• ICICI Bank Deploys Software Robots
The ICICI Bank has become the first bank in India to deploy ‘software robots, that emulate human action, in its over 200 business processes. It will reduce the response time to customers by up to 60 per cent. The bank has deployed these software robots across the organisation including retail banking & agri-business. The software robots bring operational efficiency & higher accuracy.
• SBI launches fully automated branch
Access to banking services has become quicker and easier with the help of State Bank of India’s “In Touch” branch that was launched on Friday. SBI has launched its “SBI In Touch” branch at Gandhi Nagar in Vellore. Apart from an ATM, the branch consists of pass book printer, electronic cheque deposit facility, debit card printing kiosk and recycler for withdrawal and deposit.
• BSE files IPO papers with SEBI
Asia’s oldest bourse BSE filed draft papers with markets regulator SEBI to raise an estimated ` 1,200-1,300-crore through its initial public offering. BSE, earlier known as the Bombay Stock Exchange — had received in-principle approval from SEBI earlier this year to list its shares. BSE has appointed Edelweiss Financial Services the lead merchant banker.
• IDS: Banks to accept cash deposits
RBI has instructed banks to accept cash deposits from all the parties under the Income Declaration Scheme (IDS). The tax department had earlier requested the RBI to instruct banks to allow payment of tax under the scheme in cash and allow deposits over the counter. The central bank has also asked banks to accept cash deposits over the counter.
• Rupee falls 25 paise against dollar
The rupee weakened by 25 paise to 66.93 against the dollar in early trade at the Interbank Foreign Exchange. It fall for the third straight session, as the dollar firmed up against some currencies overseas. Forex dealers said foreign fund outflows and dollar’s gains against other currencies overseas, also weighed on the rupee.
• GST Council gets Cabinet nod
The Union Cabinet approved the setting up of the Goods & Services Tax Council and its Secretariat. The Empowered Committee of State Finance Ministers on the GST could cease to be the forum at which the discussions between the Centre and States would take place. The Committee is headed by Amit Mitra, Finance Minister of West Bengal. “We are geared up for an April 1, 2017 roll-out,” Me Adhia said.
• SBI launches online trading platform
In a digital initiative by SBI BSE-4.28 %, subsidiary SBICAP Securities launched an upgraded version of its online trading platform – The new HTML5 platform will be accessible across all devices such as smart phones, tablets & desktops. The platform also offers customers other products and services such as home and car loans apart from guides and educational content for investors.
• Arundhati may continue as SBI chief
SBI Chairman Arundhati Bhattacharya looks set to get an extension for six months. Her term is extended to oversee the merger of its five associate banks with the parent. Bhattacharya’s term is due to end next month and an extension is seen as a compensation for her not being appointed Sebi chairman.
• Fortune’s ’50 Most Powerful Women’
India’s top women bankers, SBI chief Arundhati Bhattacharya, ICICI head Chanda Kochhar and Axis Bank CEO Shikha Sharma, are in Fortune’s ’50 Most Powerful Women International’ outside US. This is according to a list by Fortune which is topped by Banco Santander’s boss Ana BotA-n. Ms Bhattacharya is ranked second, while Ms Kochhar comes in on the fifth spot and Ms Sharma on the 19th position.
• African Development Bank’s meeting
India will host the next annual meetings of the African Development Bank Group at Mahatma Gandhi Convention Centre, Ahmedabad from 22 to 26 May 2017. 5,000 delegates from 80 member countries of the African Development Bank will attend the meeting. The African Development Bank was established in 1963 with a view to promote the economic development and social progress of its regional members.
• Banks looking into Jan Dhan account
Finance Minister Arun Jaitley said four PSU banks are investigating from their branches whether money in some Jandhan accounts was deposited by account holders themselves or by business correspondents. Jaitley said there are 24 crore Jan Dhan accounts but Rs. 42,000 crore have been deposited in them. PMJDY, the flagship financial inclusion scheme aims to provide financial services to everyone.
• Paytm to open physical touch points soon
Mobile payment firm Paytm, which has remained restricted to the digital format this far will soon have physical branches & touch points. Physical touch points have become necessary after Paytm forayed into payment bank business & received the regulator’s nod. With payment bank license, Paytm would be able to give interest on wallet balance to those who upgrade their accounts to savings bank.
• Steel sector’s signs of turning around
The steel industry, one of the top contributors to the banks’ non-performing assets, is slowly turning around and companies are beginning to pay interest dues to banks, Finance Minister Arun Jaitley said. The major contributors continue to be the steel and infrastructure sectors. With regard to the steel companies, balance sheets have started turning and they have started paying interest.
• Govt Notifies GST Council
Govt has formally notified the GST Council, which will decide on the tax rate under the new taxation regime. The council will be chaired by Union Finance Minister. It will have Minister in charge of Finance or Taxation or any other Minister nominated by each State Govt as its member. Also Minister of State in charge of Revenue or Finance at the Centre would be a member.
• ICICI Pru Life’s IPO Issue Kicks Off
ICICI Prudential Life Insurance Rs. 6000 crore initial public offering (IPO) has kick-started. The insurer is a venture between banking major ICICI Bank and UK’s Prudential Corporation Holdings. This would be the biggest initial public offering after Coal India. The state-run firm had hit the capital markets in 2010 to raise over ` 15,000 crore.
• Tata AIG,Paytm to Offer Health Insurance
Tata AIG General Insurance and mobile payments firm Paytm have entered into an agreement to provide cab and auto drivers health insurance plans. This tie-up will enable cab and auto drivers, who are using Paytm’s digital wallet, to avail cashless health insurance through Tata AIG General Insurance. Tata AIG General Insurance has designed cashless insurance scheme, as required by Paytm.
• FM Orders Probe into Gilded Jan Dhan A/c
The Finance Ministry has directed four banks to investigate charges that bank officials are artificially deflating the number of zero-balance accounts under the Jan Dhan Yojana. Four banks are investigating from their branches whether account-holders have put in money or business correspondents have done it, There are 24 crore Jan Dhan accounts with total deposits of ` 42,000 crore.
• PV Bharathi is Now Canara Bank ED
P V Bharathi, General Manager, Canara Bank, has been elevated as Executive Director. She began her banking career in December 1982 as a probationary officer in Canara Bank. She has wide exposure in the operational areas of banking and headed various functional wings. She possesses in-depth knowledge of corporate credit, risk management, retail credit, recovery.
• KYC Data to be Compliant with New Format
The RBI has said that all data related to KYC (know your customer) be made compliant as per CERSAI’s Common KYC (CKYC) format by March 31, 2017. The govt had mandated CERSAI (Central Registry of Securitisation Asset Reconstruction & Security Interest of India) to be the sole repository of KYC info. Uploading of KYC data in CKYC format for accounts opened after Oct 15, 2016 will be a requirement.
• Yes Bank Partners Fintech Startup NiYO
Yes Bank has partnered with the Fintech startup NiYO to revolutionise the Employee Benefits ecosystem in India. Under this partnership,Yes Bank along with NiYO has rolled out the Yes Bank NiYO Benefits Card. It will make it easy for organizations to give employee benefits & for employees to claim the benefits. Yes Bank said there are 30 million salaried employees who can benefit from this app.
• Vijaya Bank Rolls out 3 New Apps
Vijaya Bank has launched three innovative information technology (IT) products. The new IT products are VPAYQWIK, Vijaya *99# and V-eConnect+. VPAYQWIK, a complete mobile payment wallet for shopping, quick mobile recharge & a lot more *99# is a non-internet-based app. It uses the USSD channel for completing transaction. V-eConnect+ is an app that aggregates various e-products of the bank.
• Syndicate Bank Opens Processing Centre
Arun Shrivastava, MD & CEO of Syndicate Bank has inaugurated the National Processing Centre of the bank. The centre is a flagship initiative under the bank’s ‘Project Ananya’. The National Processing Centre is a state-of-the-art, digitally enabled centre that will cater to a number of processes for branches across the country. The centre will also handle service requests & account maintenance.
• Junaid Ahmad is the New WB Head in India
Junaid Ahmad has become the World Bank’s Country Director for India. He will replace Onno Ruhl who completed his four-year term. He holds a PhD in Applied Economics from Stanford University &a Masters in Public Administration from Harvard University. He hails from Bangladesh & was Chief of Staff to the World Bank Group President Jim Yong Kim before being elevated to the current position.
• Kotak Bank Launches App To Open Accounts
Private lender Kotak Mahindra Bank (KMB) has launched an application ‘Kotak Now’. It would allow new customers to open an account in a more simpler & cost-effective manner. This is an end-to-end application wherein a customer will be able to open a bank account within 10 min. The customer will then have to get connect through a video chat with one of the KMB executives & the account gets opened.
• Ftcash Ties up with ICICI Bank
Ftcash has tied up with ICICI Bank to launch Unified Payment Interface (UPI) for merchants. Ftcash is a virtual POS for micro-merchants to accept payments through credit cards, debit cards & wallets. It will enable to provide flexibility to merchants to accept electronic payments at a lower cost. UPI builds on the Immediate Payment Service,which is used by banks for real-time transfer of cash.
• Andhra Bank Inks Pact with Insurance Cos
Andhra Bank has entered into a partnership with two insurance companies for distributing their products. It has entered agreements with Cigna TTK Company Ltd & Reliance General Insurance Company Ltd. These partnerships will provide the mutual benefit to the bank and insurance companies in tapping the potential in the market. It will also help in increasing the insurance coverage.
• GST Threshold Fixed At ` 20 Lakh
The Centre & states have reached an agreement on keeping traders with annual revenue of up to ` 20 lakh out of the new national sales tax regime GST at the first meeting of the GST Council The state authorities will have jurisdiction over assessees with annual turnover of less than ` 1.5 crore. For traders above ` 1.5 crore is regulated either by the Central govt or the state govt & not both.
• United Bank Receives ` 608 cr from Govt
United Bank of India (UBI) has received ` 608 crore from the govt through preferential allotment of equity shares. The UBI received the funding from the Centre in line with an announcement made earlier to make capital infusion of ` 22,915 crore towards recapitalisation of 13 PSBs during 2016-17. The Union Ministry of Finance has earmarked a total of ` 810-cr fund for the bank.
• Arun Goyal Appointed in GST Council
Senior IAS officer Arun Goyal has been appointed as Additional Secretary in the Goods and Services Tax (GST) Council. He is a 1985 batch IAS officer of Union Territory cadre. The Council is headed by Finance Minister Arun Jaitley & is mandated to decide on tax rate, exempted goods and the threshold limit. The Appointments Committee of Cabinet has approved Goyal’s appointment.
• Exim Bank to Raise up to $1.5 bn via Bond
Export-Import Bank of India (Exim Bank) is planning to once again tap the overseas market to raise up to USD 1.5 billion via bonds this financial year. It already raised USD 1 billion in July from the overseas market. Initially announced for USD 500 million, the issue size was doubled based on strong demand from investors. The issue attracted a total order book in excess of USD 2.50 billion.
• Samruddhi Coop Bank RuPay card launched
Maharashtra Finance Minister Sudhir Mungantiwar and Chairperson of Samruddhi Cooperative Bank Kanchan Gadkari launched the Bank’s first-ever RuPay Card in central India. Initially 2,000 cards will be given to the bank customers. The bank has fixed deposits worth Rs. 43 crore and has disbursed loan to the tune of ` 24 crore. The bank had FDs worth ` 35 crore last year.
• BBB recommends nine for ED posts
Banks Board Bureau, headed by Vinod Rai has recommended 9 candidates for posts of executive directors at public sector banks. The names include four chief general managers from the SBI’s associate banks, A. K. Pradhan, M. K. Bhattacharya, S. Hari Sanker and A C Rout. The recommendations are for appointments to fill existing and future vacancies of executive directors in public-sector banks.
• Iran Issues Local Credit Cards
The Central Bank of Iran is allowing local financial institutions to issue credit cards for the first time in the Islamic Republic’s history.The step reportedly aims to encourage public spending.They will be able to be used for purchasing goods over the counter & online.Credit cards are a new experience for Iran, the republic’s population of 80 million is familiar with debit and prepaid cards.
• WB Unanimously Reappoints Jim Yong Kim
The board of the World Bank has unanimously agreed to name Jim Yong Kim to a second term as President.He had been the only candidate in a process.The Bank’s board offered a strong endorsement of Kim’s record, including setting the goal of eliminating extreme global poverty by 2030.The World Bank is an international financial institution that provides loans to developing countries.
• ADB Retains India GDP Forecast of 7.4%
The Asian Development Bank (ADB) has retained India’s GDP growth forecast at 7.4% for the current fiscal 2016-17.It forecast the India economy would grow at 7.8% in 2017-18. The forecast of 7.4% means India will be the fastest-growing major economy in the world.India recently adopted structural reform to attract FDI & passed legislation to allow a national tax.
• DCB Bank Launches DCB UPI Mobile App
Private sector lender DCB Bank has announced the launch of Unified Payment Interface (UPI) application.DCB UPI app provides a convenient payment method for customers to send & receive funds anytime.A user only needs the beneficiary’s phone number registered with the bank & the beneficiary bank’s name to get or send funds.It uses customer details that are easy to remember.
• Centre Sacks Bank of Maharashtra CMD
The Centre has removed Sushil Muhnot from the post of Chairman & Managing Director of Bank of Maharashtra.This action comes four days before Muhnot was to superannuate.The move has been taken under legal powers vested with the Centre under the Nationalised Banks (Management and Miscellaneous Provisions) Scheme 1970/1980. Ravindra Marathe has assumed charge as MD & CEO of Bank of Maharashtra.
• Bank of India Cuts Base Rate to 9.65%
Bank of India has cut the base or the minimum lending rate by 0.05% to 9.65% with effect from 30 Sept. The base rate means all those elements of the lending rate that are common across all categories of borrowers. All categories of loans are required to be priced only with reference to the base rate. The banks are not permitted to resort to any lending below the base rate.
• Karnataka Bank Inks Distribution Pact
Karnataka Bank has inked a memorandum of understanding(MoU) with Birla Sun Life Asset Management Company for distribution of mutual fund products. Birla Sun Life MF, will provide all market mutual fund plans through the branches of the bank.LIC Mutual Fund Asset Management Company has also tied up with Karnataka Bank for distribution of its mutual fund products.
• Government Notifies MPC
The government has formally notified the constitution of the Monetary Policy Committee(MPC) under the Reserve Bank of India Act, 1934. The MPC would be entrusted with the task of fixing the benchmark policy rate required to contain inflation within the specified target level. The MPC, in which three members are from the RBI & three others from the govt, will target to keep inflation at 4%.
• India to Grow at More than 7%: IMF
International Monetary Fund, IMF, has said India is embarking on significant reforms and will grow at more than 7 per cent. IMF Managing Director Christine Lagarde said India will be embarking on significant reforms, at more than 7%.She said China will continue to grow at a robust rate of about 6 per cent. Recently, Asian Development Bank also said India’s economy will clock a growth of 7.4%.
• MoneyTap Launches Credit Line App
MoneyTap has launched India’s first app-based “Credit Line”, enabling consumers to get instant credit from partner banks at the tap of a button. The Credit Line means that the bank will issue a limit of up to ` 5 lakh without any interest. Against this limit,consumers can borrow as little as ` 3,000 or as much as ` 5 lakh & repay it as EMIs. It has been launched in partnership with The RBL Bank.
• WB to Invest 1,000 crore in Assam
World Bank will invest nearly 1,000 crore rupees in Assam for the betterment of the inland waterways. The money will be utilised to develop inland waterways including ghats. The central government has also assured to re-construct jetty for which 100 percent assistance will be given by the Centre. India has an extensive network of inland waterways of rivers, canals, backwaters and creeks.
• Trupay Launches UPI Mobile Payment App
Trupay has started offering mobile payment services under the Unified Payment Interface (UPI). It is among the first private sector companies in the country, apart from banks, to offer a mobile payment application based on UPI. Trupay enables users to send & receive money from their bank accounts with only a phone number.
• CBDT Signs Five Unilateral APAs
The Central Board of Direct Taxes has signed five unilateral advance pricing agreements (APAs). With the latest move, the total number of APAs entered into by the CBDT has reached 103. The five APAs signed pertained to diverse sector that is, IT,sourcing services & investment services. An APA is an agreement between a corporate taxpayer & the tax authority on its transfer pricing methodology.
• K’taka Bank Launches Retail Loan Portal
Karnataka Bank has launched ‘KBL-Loan Junction’, an online retail loan web portal. This initiative will provide the loan seekers a platform to know about the various loan products. It will also help to check the loan eligibility for any of the products and to enquire status of their loan application online. This website enables customers to submit online application for retail loan products.
• PNB Ropes in Kohli as Brand Ambassador
State-owned Punjab National Bank has roped in Indian test skipper Virat Kohli as brand ambassador. The bank aims to improve its image which has taken a hit due to rising bad loans. Virat Kohli has been chosen as brand ambassador who comes with qualities like determination, focus and for whom winning is a habit. He has been an account holder of the bank since the age of 16 years.
• WB Chief Kim Heads for 2nd Term
World Bank (WB) President Jim Yong Kim effectively won a second five-year term after nominations closed with no other candidates proposed. He is a Korean-American medical doctor who has focused the WB on programs to reduce poverty. He has earned solid backing for a second term from the major shareholders of the bank. WB was created in the wake of World War II to help rebuild the global economy.

Current Events September 2016 – Economy

• Cabinet Okays ` 500-cr Fund
The Union Cabinet has cleared a proposal to create a ` 500 crore project development fund (PDF) to increase economic presence in Cambodia, Laos, Myanmar & Vietnam.It will act as gateways for market access to China & the European Union.Exim Bank will operate the fund.The regional access will also help India with availability of raw materials for Indian industry.
• Egyptian President Starts India Visit
Egypt’s president began an official visit to India. President el-Sissi is accompanied by Cabinet ministers & business leaders. Egypt has been one of India’s most important trading partners. The two countries are expected to sign agreements covering economic & cultural ties. Trade between the two countries reached $4.76 billion in the past year, making India Egypt’s sixth-largest trading partner
• Indian Economy Grows at 7.1% in Q1
Indian economy grew at 7.1 per cent in first quarter of the current fiscal.The economic activities have registered growth of over 7 per cent in the April-June quarter, over year-ago period.During the April-June quarter last fiscal, Gross Domestic Product (GDP) grew 7.5%.The government has targeted the GDP growth to top 8 per cent this financial year on back of a normal monsoon season.
• Indo-US Economic Summit from Sep 13
Leaders from business, government and academia will deliberate on ways to enhance bilateral trade and investments between India and the US during a two-day summit. Summit will start from 13 in New Delhi. The Summit will provide a valuable opportunity to assess developments across India-US trade relationship, economy and society,” Lalit Bhasin, Summit Chair and Regional President, IACC-NIC said.
• Cabinet clears extradition treaty
In a bid to boost security and legal cooperation with Kabul, the Union Cabinet cleared the Extradition Treaty with Afghanistan. The treaty would provide a legal framework for seeking extradition of terrorists, economic offenders & other criminals from and to Afghanistan. During the visit of CEO Abdullah Abdullah both sides sealed the MoU on visa-free entry for holders of diplomatic passports.
• Zuckerberg Aims to Tackle All Disease
Mark Zuckerberg & his wife pledged $3 billion over the next decade to help banish or manage all diseases. He said their goal is to cure all diseases, or at least turn catastrophic illnesses from terminal to manageable within their daughter’s lifetime. Renowned neuroscientist Cori Bargmann of Rockefeller University & the Howard Hughes Medical Institute was brought on to lead the project.
• National Mission on Bioeconomy Launched
A National Mission on Bioeconomy was launched by the Institute of Bio-resources & Sustainable Development (IBSD) in Shillong. The mission aims to boost rural economy by utilising bio-resources. The mission focuses on sustainable utilization of renewable biological resources through knowledge-based approaches. The latest estimate pegs India’s bio-economy at USD 35 billion in 2015.
• Colombia to Sign Peace with FARC
Colombian President, Juan Manuel Santos, and Marxist rebel leader, Timochenko, will sign a deal ending a half-century war. The war had killed a quarter of a million people & stymied the economy. Their deal to end Latin America’s longest-running conflict will turn the FARC guerrilla group into a political party. Some 2,500 foreign and local dignitaries will attend the ceremony.
• China slowdown – economy’s biggest threat
Ken Rogoff said, “China is going through a big political revolution and I think the economy is slowing down much more than the official figures show”. The global think tank for central banks said that China’s credit to GDP “gap” stood at 30.1%, increasing fears that China’s economic boom was based on an unstable credit bubble. Gap, analysis amount of debt in an economy relative to annual growth.
• India Improves in Competitiveness Index
India has jumped 16 places in the World Economic Forum’s (WEF) 2016-17 Global Competitiveness Index (GCI) rankings. India was ranked 39 out of 138 countries which were reviewed. Switzerland, Singapore & the US remain as the world’s most competitive economies. Among the other BRICS countries, China ranked 28th, Russia is ranked 43rd, South Africa at 47, while Brazil at 81.
• Cabinet Gives Approval for VPBY
The Union Cabinet has given its ex-post facto approval for the Varishtha Pension Bima Yojana (VPBY) 2003 & VPBY 2014. Approval has also been granted for the expenditure incurred on subsidy amount released to LIC during the period 2003-04 to 2014-15 for VPBY 2003. Both are pension schemes intended to give an assured minimum pension to the senior citizens.
• ASEAN 28 & 29th Summit Begins in Laos
The Heads of State/Government of ASEAN Member States, gathered for the 28th and 29th ASEAN Summits, held under the Chairmanship of the Lao People’s Democratic Republic (Lao PDR) with the theme “Turning Vision into Reality for a Dynamic ASEAN Community” in Vientiane on 6-7 September 2016.
It had constructive and cordial discussions to craft the future direction for a politically cohesive, economically integrated, socially responsible and a truly rules based people-oriented, people-centred ASEAN Community, guided by the eight priorities outlined by the Lao PDR under her Chairmanship, namely, the implementation of the ASEAN Community Vision 2025; narrowing of the development gap; trade facilitation; micro, small and medium-sized enterprises (MSMEs) development; tourism development; connectivity; transition to formal economy in ASEAN; and reinforcing cultural heritage cooperation in ASEAN.

Current Events September 2016 – Awards

• T.M.Krishna, Bezwada Wilson Awarded
Two Indians — Carnatic singer T.M. Krishna and campaigner for eradication of manual scavenging Bezwada Wilson were among six persons who received the Ramon Magsaysay prize 2016. Four others include: Conchita Carpio-Morales of the Philippines, Dompet Dhuafa of Indonesia, Japan Overseas Cooperation Volunteers & ‘Vientiane Rescue’ of Laos. This award is considered as Asia’s Nobel Prize.
• Mazumdar Shaw Given the Chevalier award
CMD of biopharma Biocon, Kiran Mazumdar Shaw was given the ‘Chevalier de l’Ordre National de la Légion d’Honneur’ award.She was awarded for her contribution to biosciences & research field globally. Chevalier l’Ordre National de la Légion d’Honneur was created in 1802 by Napoleon Bonaparte. It is the highest civilian award of the French Republic for outstanding contribution in various fields.
• Jackie Chan Awarded Honorary Oscar
Action movie star Jackie Chan is to be given an honorary Academy Award for his extraordinary achievements in film.Chan has starred in dozens of martial arts films.The Academy also voted to give honorary Oscars to British editor Anne V Coates, casting director Lynn Stalmaster & documentary maker Frederick Wiseman.They will be honoured at the Academy’s Governors Awards on 12 November.
• JSS Malappuram Win Unesco Literacy Award
The Jan Sikshan Sansthan (JSS), Malappuram has won the Unesco Confucius Prize for Literacy. The award has been conferred on the JSS in recognition of its literacy-linked skill development activities among the underprivileged. JSS are established to provide vocational training to non-literate. JSS chairman P.V. Abdul Wahab will receive the award from UN Secretary-General Ban Ki-moon.
• Hrushikesh Mallick to Get Sarala Award
Noted Odia poet Dr Hrushikesh Mallick will be honoured with the 37th edition of prestigious Sarala Award for his outstanding poetry. The annual award would be conferred on Mallick for his poetry work “Jeje Dekhi Nathiba Bharat”. The annual Sarala Award was instituted in 1979 by Indian Metals Public Charitable Trust(IMPaCT). Sarala Award is recognised as the foremost literary award of Odisha.
• Rishi Kapoor Honoured at BRICS Festival
Veteran actor Rishi Kapoor was felicitated at the 1st BRICS Film Festival. He was honoured by Union Minister of State for I&B Rajyavardhan Rathod & Minister of State for External Affairs V.K. Singh. The festival is part of the special events planned in the run-up to the 8th BRICS Summit. The Indian film industry has been existing for over 100 years in which the Kapoors have contributed 88 years.
• Indian Ecologist Awarded by IUCN
Assam-based ecologist Bibhuti Lahkar has become the first Asian to be awarded the prestigious ‘Heritage Heroes Award’. The award is facilitated by the International Union for Conservation of Nature (IUCN). The award aims to recognize the outstanding efforts of a few brave people who relentlessly invest efforts to make a difference in the way natural World Heritage sites are conserved.
• Thithi Named Best Film at BRICS Festival
Indian film Thithi won the best film award at the BRICS Film Festival concluded in New Delhi.Best Director Award went to Huo Jianqi of China.South Africa’s Thabo Rametsi took home the best Actor award while Russian actor Yulia Peresild was given best actress award.The film festival opened in New Delhi with the screening of a Malayalam movie, Veeram.
• J.C Daniel Award for Director K.G George
Renowned Malayalam filmmaker K G George has been chosen for the prestigious J C Daniel Award for 2015.He was awarded in recognition of his contributions to the Malayalam film industry.He is the 23rd recipient of the award, the state’s highest honour for film personalities.George’s movies including Yavanika, Aadaminte Variyellu, Panchavadippalam, Irakal and Swapnadanam.
• Guinness World Record for Bearded Woman
Harnaam Kaur with six-inch long facial hair has become the youngest woman in the world to have a full beard, according to the Guinness World Records. She is an Indian-origin woman in the UK. She has polycystic ovary syndrome, a hormonal condition that can result in the growth of excess facial hair. In March 2016 she became the first female with a beard to walk the runway at London Fashion Week.
• Pankaj Recommended for Padma Bhushan
Billiards and Snooker Federation of India (BSFI) has once again recommended Pankaj Advani for the Padma Bhushan award. Advani is a 15-time world champion in billiards and snooker. He was also recommended for the honour last year before being overlooked for the award. The Padma Bhushan is the third-highest civilian award in India, after the Bharat Ratna and the Padma Vibhushan
• Pawan Singh Awarded ISSF Medal
Pawan Singh, a former shooting coach of the national shooting team, was awarded by International Shooting Sports Federation (ISSF) in Delhi. He was awarded for his exceptional contribution to the field of shooting. The award comprises a bronze medal and a certificate. He is the youngest Indian to have been honoured by ISSF after almost 70 years.
• Indian origin wins award for radio waves
A 28 year old Indian origin MIT scientist has won a award for his research on radio waves. Dinesh Bharadia, a graduate of IIT Kanpur was honoured with the 2016 Marconi Society Paul Baran Young Scholar Award. His research disproved a long-held assumption that it is generally not possible for a radio to receive & transmit on the same frequency band because of the interference that results.
• Indian-American bags innovation award
An Indian-origin scientist has bagged the prestigious Lemelson–MIT Prize worth $500,000 for his groundbreaking work to improve lives globally. Ramesh Raskar, 46, is founder of the Camera Culture research group at the MIT Media Lab and an Associate Professor of Media Arts and Sciences. Lemelson–MIT Prize honours outstanding mid-career inventors improving the world through technological invention.
• Indian-American to receive Medal
Indian-American physician-author, Abraham Verghese has been selected for the prestigious 2015 National Humanities Medal. President Barack Obama will bestow the honour upon Verghese along with 11 others recipient’s at a ceremony to be held in Washington on 21 September 2016. He has been selected for the prestigious award for reminding us that the patient is the centre of the medical enterprise.
• Priyanka among highest paid actresses
Priyanka Chopra has become the first Indian star to enter the Forbes list of highest paid television actresses in the world, after starring on American series Quantico. Priyanka ranks eighth in the list, which has retained American actress Sofia Vergara at the first position fifth year in a row. Priyanka has earned USD 11 million. She made her international acting debut last year with Quantico.
• Leh gears up for ‘Kumbh of Himalayas’
Once in 12 years carnival of Buddhist spirituality, culture & tradition & a grand congregation of Drukpa masters is set to begin. This will be held at the 17th century Hemis monastery of Drukpa lineage. The 4th edition of the Naropa festival is a celebration of 1,000th birth anniversary of the saint Naropa. Hollywood stars Michelle Yeoh and Robert Kennedy Junior will attend the function.
• Rahane,Rohit Conferred with Arjuna Award
Ajinkya Rahane & Rohit Sharma were conferred with the Arjuna Award for this year and the previous year respectively. They couldn’t be awarded earlier by President as they were out of the country on professional commitments. The Arjuna Award is given for consistent performances over four years. Rahane has amassed over 4,000 international runs & Rohit has scored over 7,000 for India.
• Ujjivan Bags Award for Insurance
Ujjivan Financial Services Ltd has won the Platinum Award for Inclusive Insurance at the SKOCH Insurance Awards 2016. The platinum award is the highest independent honour given for inclusive insurance. It was presented for exemplary work on financial inclusion initiatives. The award was given for implementing project to create awareness & achieve an 100 per cent insurance penetration.
• M Leelavathi Bags Mohanan Suvarna Award
Eminent Malayalam critic and academician Dr M Leelavathi has been chosen for the prestigious N Mohanan Suvarna Mudra Award 2016. The award was instituted in memory of well-known short story writer N Mohanan. An expert panel, comprising journalists M G Radhakrishnan and M Saritha Varma and Athmaraman. She was awarded for her contributions to Malayalam language and literature.
• Oscar-Winning Writer Curtis Hanson Dies
Oscar-winning Director Curtis Hanson dies. Oscar-winning writer and film director Curtis Hanson has died. He began screenwriting and directing in the early 1970s. Starting as a writer for the magazine Cinema, he later won an Oscar for best adapted screenplay for LA Confidential. Most recently he directed the HBO film Too Big To Fail, about the financial crisis.
• WB to confer Bangabibhushan Award
West Bengal government will confer this year’s ‘Bangabibhushan’ to legendary singer Lata Mangeshkar. She will be awarded to honour her contributions to Bengali songs. The Trinamool Congress govt had started conferring Bangabi bhushan to eminent personalities for their contribution to various fields since 2011. Danseuse Amala Shankar was the first person to receive of the award.
• French Honour for Sajid Nadiadwala
Bollywood filmmaker Sajid Nadiadwala was conferred France’s prestigious Chevalier dans l’Ordre des Arts et des Lettres (Knight of the Order of Arts and Letters) award. He was awarded for his contribution towards boosting Indo-French partnership in cinema. The honour is conferred on persons who have distinguished themselves by their creativity in the field of art, culture and literature.
• Pak Awarded ICC Test Championship Mace
Pakistan Test captain Misbahul Haq has received Test mace by International Cricket Council (ICC) at Gaddafi Stadium in Lahore. ICC Chief Executive David Richardson presented the mace to Misbah. He was awarded for inspiring Pakistan to the top of the ICC Test Rankings for the first time. The ICC Test Championship mace is a symbol of excellence & recognition of outstanding performance.
• TCS Awarded Gold Rating in CSR
Tata Consultancy Services has been awarded the Gold rating certificate by EcoVadis. EcoVadis is a world leading independent CST Advisory firm. This is the third year in a row that TCS has received the top accolades. It is a reflection of the firm’s holistic approach to CSR across environmental sustainability, labour practice & business operations.
• Visaranai is India Official Oscar Entry
National Award-winning Tamil film Visaranai is India’s official entry in the Foreign Language Film category at the Oscars next year. Visaranai was selected out of the 29 films that were in the race. The crime-thriller, produced by actor-filmmaker Dhanush, is written & directed by Vetrimaaran. It is based on the novel Lock Up by M. Chandrakumar.
• White Helmets Win Right Livelihood Award
The Syria Civil Defence, a volunteer rescue service also known as the White Helmets, has won this year’s Right Livelihood Award. The three other recipients sharing the prize are Mozn Hassan, an Egyptian feminist; Svetlana Gannushkina, a Russian human rights activist & Cumhuriyet, a Turkish newspaper. The prize was established in 1980 by German-Swedish philanthropist Jakob von Uexkull.
• OPGC Bags Gold in Asian Power Awards
The Odisha Power Generation Corporation Ltd. (OPGC) has clinched the much coveted “Gold Award” in the Category “Power Plant Upgrade of the Year” in Asian Power Awards 2016. The award ceremony was held in Seoul, South Korea. It is the most prestigious awards in Asia & is dubbed as the Oscars of the power industry. OPGC earned this award for Pressure Reducing & De-Superheating System.
• Jesse Owens Award Goes to Muhammad Ali
The first-ever Jesse Owens Olympic Spirit Award-2016 will be posthumously bestowed to Olympic champion Muhammad Ali, who passed away on June 3, 2016. The Owens Award was started this year on the occasion of 80th anniversary of Owens’ four-gold-medal performance at the 1936 Olympics in Berlin. The award is to be presented annually to recognize people who have served as an inspiration in society.
• Akashvani Sangeet Sammelan Begins
One of India’s biggest classical music extravaganzas, Akashvani Sangeet Sammelan has begun in 24 different cities across the country. The annual music festival has been carried on since 1954. The event will be an amalgamation of various genres of music including Hindustani classical, folk & light music. Folk and light music was introduced last year & this year Akashvani has added western music.
• Kolakaluri Conferred Moortidevi Award
Telugu author & eminent scholar Prof Kolakaluri Enoch was honoured with the 29th Moortidevi Award 2015 for his novel Ananta Jeevanam. The award was given to the author by noted historian Dr Kapila Vatsyayan. His novel depicts the struggle of the downtrodden, weak & the common man in Rayalaseema to preserve the historical & cultural inheritance of the region during a devastating cyclone.
• Uttam Singh to get Lata Mangeshkar Award
Maharashtra government has announced the Lata Mangeshkar Award for 2016 to veteran music composer & violin player Uttam Singh. His selection was unanimously done by a committee headed by state Culture Minister Vinod Tawade. Singh has worked with music legends like Naushad, Madan Mohan, S D Burman & R D Burman. He was the music arranger for films like Maine Pyar Kiya & Hum Apke Hai Kaun.
• First BRICS Film Festival Begins
The first BRICS film festival began in New Delhi. Minister of State for I&B Rajyavardhan Rathore & MoS for External Affairs V.K. Singh inaugurated the festival. The film festival is the run up to the BRICS summit which is to be held in Goa next month. It will act as a platform for people of the film industry of member countries to explore areas of cooperation in the domain of cinema & culture.
• ISRO, Katrina to Get Priyadarshini Awards
Indian Space Research Organisation (ISRO),Katrina Kaif & Juhi Chawla are among recipients of the Priyadarshini Global Awards 2016. Other recipients of the awards are from Israel, Switzerland & UK. The awards were instituted by a socio-cultural and educational organisation Priyadarshini Academy. The awards are given to personalities & organisations for contribution in their respective fields.
• Aung San Suu Kyi Gets Humanitarian Award
Myanmar leader Aung San Suu Kyi has been honored as the 2016 humanitarian of the year by students and faculty at the Harvard Foundation. She gained international prominence as the General Secretary of the newly formed National League for Democracy in Myanmar in 1990. The Humanitarian award was created to recognize outstanding individuals who dedicate their time to fighting indifference…

Current Events September 2016 – World

• One of World’s Biggest Rhino Horns Found
The rhino horn verification committee (RHVC) has found one of the world’s largest horns in central Assam’s Nagaon treasury. According to forest officials, the massive horn belonged to the Bagori range of Kaziranga National Park & it was found in Aug,1982. The horn weighs 3 kg and 51 grams and its height is 36 cm. The only recorded horn bigger than this could be found in the British Museum, London
• Chawla Appointed Chancellor of TERI Uni
The Energy and Resources Institute (Teri) has appointed former Finance Secretary Ashok Chawla as the new Chancellor of Teri university. With this, the University ended its last association with former Chancellor and Head R.K. Pachauri. Chawla has also been serving as the Chairman of Teri since February 2016. The Energy and Resources Institute was established in 1974.
• England Sets World Record ODI Score
England amassed a world record one-day international total of 444 for three as they crushed Pakistan by 169 runs at Trent Bridge in the five-match series. The hosts passed their previous highest total of 408 for nine, made against New Zealand last year. England Hales plundered 171, the highest individual limited-overs score by an England batsman.Pakistan, in reply, were bowled out for 275.
• World’s Oldest Fossils Found
Geologists have discovered in Greenland evidence for ancient life in rocks that are 3.7 billion years old. It would make these fossils the oldest on Earth. The fossils were part of an outcrop of ancient rock that had lost its usual snow cover. The discovery of the fossilised bacterial communities, known as stromatolites, could be the biological evidence of the earliest known life on Earth.
• Indian Paralympic Athletes Leave for Rio
The Paralympic-bound Indian contingent left for the Brazilian city of Rio De Janeirolast for next week’s Summer Paralympic Games. The Indian contingent, largest-ever from the country, comprises of 18 athletes. The Paralympic Games is a major international multi-sport event involving athletes with a range of disabilities, including impaired muscle power.
• China Ratifies Paris Agreement
China’s parliament has ratified the Paris agreement on climate change.China is the world’s largest emitter of harmful CO2 emissions. China & the US were expected to announce ratification jointly before or at the weekend’s G20 Hangzhou summit. In a landmark deal struck in December, countries agreed to cut emissions enough to keep the global average rise in temperatures below 2oC.
• Majuli Named World Largest River Island
Majuli Island on the Brahmaputra in Assam was declared the largest river island in the world, toppling Marajo in Brazil, by Guinness World Records.The river island covers an area of around 880 sqkm.The island lost around one-third of its area due to frequent flooding of the river.It was recently declared a district & was earlier a sub-division under Jorhat district
• Ghost Snake Species Discovered
Scientists have discovered a ’ghost snake’, a new species of elusive, pale grey reptiles dwelling in Madagascar.They named it Madagascarophis lolo which means ghost in Malagasy.The ghost snake, discovered at the Ankarana National Park in Madagascar is part of a common group of snakes called Madagascarophis or cat-eyed snakes. Many of the cat-eyed snakes are found in degraded forests.
• London Replica Torched to Mark Grt. Fire
A massive wooden replica of 17th-century London has been torched on the River Thames to mark the 350th anniversary of the Great Fire of London. The burning of the model of London was executed by US “burn artist” David Best & live streamed online. The Great Fire started in Thomas Farrinor’s bakery on Pudding Lane. It destroyed 80% of the mostly wooden buildings in the walled inner city.
• G20 Summit Concludes in China
Chinese President Xi Jinping announced the culmination of 11th G20 summit in Hangzhou. The summit ended with extensive consensus on wide range of important topics. The member countries reached consensus to improve the world’s financial governance. G20 has resolved to improve financial governance around world and will take more robust measure to enforce financial reform.
• UK Appoints Ambassador to Iran
The UK has appointed an ambassador to Iran for the first time since 2011. The Foreign Office announcement comes one year after the reopening of the British Embassy in Tehran. Nicholas Hopton, a former British ambassador to Qatar and Yemen, will take up the role of ambassador. The British embassy in Tehran was closed after it was stormed and ransacked by protesters in November 2011.
• UK Appoints Ambassador to Iran
The UK has appointed an ambassador to Iran for the first time since 2011. The Foreign Office announcement comes one year after the reopening of the British Embassy in Tehran. Nicholas Hopton, a former British ambassador to Qatar and Yemen, will take up the role of ambassador. The British embassy in Tehran was closed after it was stormed and ransacked by protesters in November 2011.
• Saudi Arabia, Russia Sign Oil Pact
The world’s two largest oil producers, Russia & Saudi Arabia has agreed to act together to stabilize global oil output.The joint statement was signed by the country’s energy ministers in China on the sidelines of a Group of 20 summit.The price collapse of crude oil in the past two years has hit the budgets of major producers.Both countries are highly dependent on oil revenue.
• Nearly Half of all Refugees are Children
Children now make up more than half of the world’s refugees, according to a Unicef report. Almost 50 million children throughout the world are “uprooted,” forcibly displaced from their home countries by war, violence or persecution. Just two countries – Syria & Afghanistan comprise half of all child refugees under protection by the United Nations High Commissioner for Refugees (UNHCR).
• Australia Set New T20 Record Score
Australia has set a new record score in Twenty20 international cricket, hitting 263-3 against Sri Lanka in Pallekele.The total beat the 260 set by Sri Lanka against Kenya in 2007. All-rounder Glenn Maxwell hit 145 not out from just 65 balls.Sri Lanka could only manage 178-9 in reply as Australia won the first game of the two-match series by 85 runs.
• 4 out of 6 Great Apes Near Extinction
Four of the six great apes, the largest living primate & one of our closest cousins are now Critically Endangered. The latest updated Red List of Threatened Species put the Western Gorilla,Eastern Gorilla, Bornean Orangutan & Sumatran Orangutan in the Critically Endangered category.The Chimpanzee & Bonobo were listed as Endangered.The list also reports the decline of the Plains Zebra.
• UN Charter Translated into Sanskrit
The UN Charter, the seminal treaty of the United Nations, has now been translated into Sanskrit. This came following the pioneering efforts of Jitendra Kumar Tripathi, the Secretary of the Akhila Bharatiya Sanskrit Parishad. The UN Charter was signed on June 26 1945, in San Francisco, at the conclusion of the UN Conference on International Organisation. It came into force on October 24 1945.
8th-Sept: International Literacy Day The International Literacy day is observed every year on 8th –Sept. It is observed every year to emphasize the importance of literacy to individuals, society & communities. This year,the world is celebrating 50th International Literacy Day & the theme is,Reading the Past, Writing the Future. The day was established in 1966 by the UN Educational, Scientific & Cultural Organization (UNESCO).
• Over 15cr LED Distributed Under UJALA
Centre has said, over 15 crore LED bulbs have been distributed under Unnat Jyoti by Affordable LEDs (UJALA). UJALA is the world’s largest LED programme for the residential sector. The LED bulbs distributed under the UJALA scheme is one third the market price. The scheme is presently operational in 18 states & 4 U.T.s. The scheme aims at replacing all the 77 crore inefficient bulbs with LEDs.
• Centre Announces Package for Andhra
The Centre has announced a financial package for Andhra Pradesh.It includes full funding of Pollavaram irrigation project, tax concessions and a special assistance.Union Finance Minister Arun Jaitley said, the funding of Pollavaram project would be met by the Centre from 1st of April 2014, the date when it was declared as a national project.Mr Jaitley also announced tax incentives and grants.
• World’s Oldest Cricketer Passes Away
South African Lindsay Tuckett, who was the oldest surviving former Test cricketer has passed away. He represented South Africa in nine Test matches against England between 1947 and 1949.He was the backbone of the South African pace attack & made his debut in 1947.The distinction of the oldest surviving cricketer in the world now passes to another South African player, Johnny Watkins, who is 93.
• N Korea Claims Success in Nuclear Test
North Korea says it has successfully carried out its fifth nuclear test. The announcement on state media came hours after a seismic event was detected near its nuclear test site. South Korea believes it is the North’s biggest ever test, raising fears the state has made real nuclear advances. The latest test, with an estimated yield of 10 kilotons, is the largest-ever staged by Pyongyang.
• CM Formally Upgrades Majuli to District
World’s largest river island, Majuli in Assam has been made a district. Assam Chief Minister Sarbanand Sonowal has formally upgraded Majuli to a district from sub-division. With this, the number of districts in Assam has gone up to 35. Majuli covers an area of around 340 miles and is one of the prime tourist destinations of North East.
• US, Russia reach deal on Syria ceasefire
US and Russia hailed a breakthrough deal to put Syria’s peace process back on track, including a nationwide truce. Russian Foreign Minister Sergei Lavrov said that the two sides had developed five documents that would revive a failed truce agreed in February. This would enable military coordination between the US and Russia against militant groups in Syria.
• China marks Mao anniversary
Chinese state media on Friday marked the 40th anniversary of the death of the founder of modern China, Mao Zedong. But President Xi Jinping visited a school and did not mention the day. Mao, who died in 1976, remains a divisive figure. His image adorns banknotes and his embalmed body attracts hundreds of visitors.
• Djokovic to face Wawrinka in final
Djokovic will try for his third U.S. Open championship and 13th major trophy overall against Wawrinka. Djokovic has won 19 of 23 previous meetings, but Wawrinka did win their 2015 French Open final for his second Grand Slam title. He has won the Australian Open in January, and the French Open in June.
• Centre to deploy more force in J&K
Additional contingents of security forces are to be deployed in sensitive areas of the Kashmir Valley. Section 144 of CrPC (unlawful assembly) in selected and sensitive areas in the valley would be imposed to keep gathering of crowds under check. Central government has chalked out a plan of action to ensure peace and security during Eid al-Adha or Bakr-Eid on September 12.
• September 11: firefighters honoured
The 343 firefighters who died 15 years ago in the September 11 attacks have been honoured at a memorial service for acts of heroism. Hundreds of family members of those who died and those who survived the attacks listened to their loved ones remembered for their courage. The names of the dead firefighters were read aloud during the service at St Patrick’s Cathedral
• No instant triple talaq: Shia board
All India Shia Personal Law Board (AISPLB) has suggested the adoption of a “modern nikahnama”, seeking changes in the terms & conditions of marriage under Islamic law. AISPLB spokesperson Maulana Yasoob Abbas has suggested invalidating the instantaneous triple talaq and provide women with the right to divorce. Abbas said the stand taken by the AIMPLB in the SC has “defamed the religion of Islam”.
• Degrees to be in digital format by 2017
The government is set for creation of an online database where all academic certificates will be available in digital format by the end of next year. Minister for HRD Prakash Javadekar inaugurated a national conference for generating awareness of the plan. The introduction of a digital database is expected to curb the problem of fake academic degrees.
• Naval Academy to honour Grace Hopper
The U.S. Naval Academy will name its future cyber building after Grace Hopper, a pioneering computer scientist and U.S. Navy Rear Admiral. Vice Adm. Ted Carter made the announcement at the academy’s “Athena Conference: Heroines of the past, present and future”. The cyber facility, which will be called Hopper Hall will be the first building named after a woman at the three main service academies.
• Embraer deal under scanner
India has asked an explanation from the Brazilian aircraft-maker Embraer for the alleged payment of bribes to secure an aircraft deal in 2008. Embraer is alleged to have used bribes and involved middlemen to secure contracts in India and Saudi Arabia. In India’s case, the payoff was made to a U.K.-based middleman in the deal for three Embraer aircraft ordered by the DRDO.
• Zakir’s donation to Rajiv Gandhi trust
Islamist preacher Zakir Naik’s IRF donated Rs. 50 lakh to Rajiv Gandhi Charitable Trust in 2011. Manish Tewari, the then Information & Broadcasting Minister said the government had identified 24 illegal TV channels whose contents were not conducive to the security environment, including Zakir Naik’s Peace TV. He said it was a “bribe” to protect the preacher’s ‘illegal and anti-national activities’
• Syrian govt approves US-Russia deal
Syria’s government has “approved” a ceasefire deal brokered by Russia and the United States. The Syrian government has approved the agreement and a cessation of hostilities will begin in Aleppo for humanitarian reasons. The deal agreed by Moscow and Washington calls for a halt to fighting across the country and increased humanitarian aid for the battered city of Aleppo.
• Strong quake hits Peru
A large, deep earthquake with a magnitude of 6.0 jolted northern Peru. There were no immediate reports of damage or injuries. U.S. Geological Survey said the quake that registered at 1008 GMT was centered about 50 km north of Moyobamba. It was located very deep under the ground, about 114 km. Moyobamba is the capital of the San Martin Region in Peru.
• China: ‘world’s highest bridge’
Chinese engineers have completed the basic structure of what is expected to become the world’s highest bridge. The Beipanjiang bridge, in mountainous southwestern China, soars 565 metres (1,854 feet) above a river. It overtakes the Si Du River Bridge in the central province of Hubei to become the world’s highest bridge.
• Earthquake in Tanzania
A 5.7-magnitude earthquake struck northwest Tanzania, close to Lake Victoria and the borders of Uganda and Rwanda. It has killed at least 14 people and injured 200. The epicentre of the 1227 GMT quake was 23 kilometres (15 miles) east of the north-western town of Nsunga, in Bukoba district near Lake Victoria, according to the US Geological Survey.
• China, Russia to stage military drills
China and Russia were to start war games in the South China Sea. The eight-day joint exercises will include a focus on “seizing and controlling” islands and shoals, Chinese navy spokesman Liang Yang said in a statement. They will involve surface ships, submarines, fixed-wing aircraft, ship-borne helicopters, marine corps and amphibious armoured equipment from both navies, he said.
• Rajnath to visit Russia, U.S.
Home Minister Rajnath Singh will visit Russia & US next week to discuss cross-border terrorism in Jammu & Kashmir & growing activities of Islamic State (IS) in the country. He will visit Russia for five days, for discussing issues related to Indo-Russia anti-terror cooperation. In both the bilateral visits the Home Minister will highlight Pakistan’s direct involvement in cross border terrorism.
• 7 militants killed in Kashmir encounters
Seven militants and a policeman were killed in two separate encounters on Sunday in Baramulla and Poonch districts of Jammu and Kashmir. Meanwhile, the civilian death toll in the Valley rose to 78. The violence continues in valley since July 9, a day after Hizb-ul-Mujahideen commander Burhan Wani was killed.
• N. Korea demands for nuclear state
North Korea lashed out at US President Barack Obama for his condemnation of the country’s fifth nuclear test. Korea told Obama to be “foolish” for ignoring North Korea’s “strategic position as a legitimate nuclear power state”. Obama called the test “a grave threat to regional security and to international peace and stability”.
• Himachal govt’s guidelines for mining
Himachal Pradesh government has notified the guidelines for transparent auction and scientific mining. The government has decided that the mining lease would be granted through open auction, officials said. In order to curb illegal mining the state government has notified Himachal Pradesh Minor Minerals (Concession) and Minerals Rules, 2015 providing for stringent punishment for illegal mining.
• Catalan wants independence from Spain
Hundreds of thousands of Catalans have marched in the streets to demand their region break away from Spain. Local police estimated that 800,000 people took part but Spain’s central Govern-ment which fiercely opposes Catalan independence, put turnout at around 370,000. Catalan separatists have tried in vain for years to win approval from Spain’s central Government to hold an independence referendum
• India as major illicit drug producers
India along with 21 others have been designated as major illicit drug producing countries by US President Barack Obama. Other countries are Afghanistan, the Bahamas, Belize, Bolivia, Myanmar, Colombia, Costa Rica, Dominican Republic, Ecuador, El Salvador, Guatemala, Haiti, Honduras, Jamaica, Laos, Mexico, Nicaragua, Pakistan, Panama, Peru and Venezuela.
• Iran welcomes Syria deal
Iran, a close ally and military backer of Syrian President Bashar al-Assad welcomed a U.S.-Russian deal for a truce in Syria. The agreement promises a nationwide truce from sundown on Monday, improved access for humanitarian aid and joint military targeting of hardline Islamist groups. Iran believes Syrian crisis can only be resolved through peaceful means.
• Iran welcomes Syria deal
Iran, a close ally and military backer of Syrian President Bashar al-Assad welcomed a U.S.-Russian deal for a truce in Syria. The agreement promises a nationwide truce from sundown on Monday, improved access for humanitarian aid and joint military targeting of hardline Islamist groups. Iran believes Syrian crisis can only be resolved through peaceful means.
• China’s BRICS trade idea finds no takers
India, Brazil, Russia & South Africa have cold shouldered China’s attempt to table a proposal for a FTA between 5 major emerging economies. Beijing’s proposal for BRICS FTA is aimed at boosting trade ties in the grouping through binding commitments on eliminating tariffs. Countries apprehensions include the fear that it could lead to a surge in imports of Chinese goods into their territory.
• Russia China’s rejection of Hague ruling
China and Russia have begun their first naval exercises in the South China Sea.. The eight-day Joint Sea-2016 exercise is the largest naval drill between the two countries. The exercises signal the possibility of joint military assertion by the China and Russia in the Western Pacific Ocean, which would seriously challenge the U.S.-led Pivot to Asia doctrine of force accumulation in these waters.
• Cabinet’s nod for expanded trade
Union Cabinet approved a move for exchange of tariff concessions under the Asia Pacific Trade Agreement (APTA). The APTA has six member countries (Bangladesh, China, India, Laos, South Korea & Sri Lanka) and covers a market with a GDP of $15 trillion. India is likely to benefit from offers of China and South Korea for duty concessions in sectors including textiles, chemicals and iron and steel.
• Indonesia resumes work on Giant Sea Wall
Indonesia will resume land reclamation that will help prevent Jakarta from sinking below sea level. Greater Jakarta, one of the world’s most densely populated cities, sits on a swampy plain and is sinking at a faster rate than any other city in the world. Jakarta has focused its attention on bolstering its defenses with a 15-mile giant sea wall and refurbishing the crumbling flood canal system.
• Typhoon Meranti hits Taiwan
Tens of thousands of homes lost power across Taiwan on Wednesday as Super Typhoon Meranti hit the island. With winds upto 216 kmph, this storm is the strongest in the world so far this year. Taiwan’s Central Weather Bureau warned that the Category 5 storm would threaten several southern and eastern cities, including Kaohsiung and Hualien, with strong winds, torrential rain and flooding.
• American dream in half a million dollars
A little-known visa category, EB-5 is opening doors to the dream-destination US. At half a million dollars, its price tag is stiff but does away with the hassles of the popular H1-B and L-1visas. EB-5 is an Immigration Investor programme by the US government which through an investment of $500,000 guarantees US citizenship within 18 months and helps a person get a permanent work permit.
• 4 Indo-Americans honoured by IACCGH
Four Indian Americans were awarded by the Indo-American Chamber of Commerce of Greater Houston. They were awarded for their outstanding and tireless work as entrepreneurs and for “building bridges” between India and America. The Young Professional of the Year’ was presented to Malisha Patel, 36, chief operating officer of Memorail Hermann Hospital Sugarland.
• Wada confirms attack by Russian hackers
The World Anti-Doping Agency (Wada) has confirmed that a Russian cyber espionage group operator, Tsar Team also known as Fancy Bear, illegally gained access to its anti-doping administration. Fancy Bear accessed confidential medical data including TUEs. Fancy Bears targated Serena and Venus Williams, as well as teenage gymnast Simone Biles, who won four gold medals in Rio.
• August ties with July as hottest month
August tied with July as the hottest month the world has seen in the last 136 years says NASA. August came in at 1.76°F (0.98°C) above the average from 1951-1980, 0.16C above August 2014, the previous record holder. The record keeps 2016 on track to be the hottest year in the books by a fair margin.
• North Korea ramps up uranium enrichment
North Korea will have enough material for about 20 nuclear bombs by the end of this year. The North has evaded a decade of U.N. sanctions to develop the uranium enrichment process, enabling it to run an effectively self-sufficient nuclear program that is capable of producing around six nuclear bombs a year. North Korea had an unconstrained source of fissile material from the Yongbyon reactor.
• Bayer to acquire Monsanto
German drugs and crop chemicals company Bayer has won over U.S. seeds firm Monsanto with an improved takeover offer of $66 billion. The $128 a share deal announced on Wednesday, up from Bayer’s previous offer of $127.50 a share, is the biggest of the year so far and the largest cash bid on record. The transaction will create a company for seeds and pesticides.
• Indo-American woman to be federal judge
U.S. President Obama has nominated a 47-year-old Indian-American woman attorney to the U.S. District Court bench in New York. “I am pleased to nominate Diane Gujarati to serve on the U.S. District Court bench” Mr. Obama said. Ms. Gujarati, the Deputy Chief of the Criminal Division of the U.S. attorney’s office has been nominated on the U.S. District Court for the Eastern District of New York.
• U.S. finalises $38 bn deal with Israel
The United States will provide Israel’s military with $38 billion during the next 10 years. This is the largest batch of military assistance the U.S. has ever pledged to another country. The deal totals $3.8 billion a year up from the $3.1 billion the U.S. gave Israel annually under the previous 10-year deal.
• World’s oldest man turns 113
The world’s oldest man turned 113 and the Holocaust survivor living in Israel readied for the Bar Mitzvah he was denied a century ago, his family said. Yisrael Kristal, an observant Jew from Zarnow in what is now Poland and currently living in the port city of Haifa, was born on September 15, 1903. The Guinness Book of World Records in March recognised him as the world’s oldest man.
• PM’s birthday is ‘Sewa Diwas
BJP president Amit Shah has called upon his party members to celebrate PM Narendra Modi’s birthday on September 17 as ‘Sewa Diwas’ or service day by participating in social work. Mr. Shah, said he too will participate in Swachch Bharat Abhiyan’s activity. Mr. Modi will distribute 11,000 pieces of equipment to physically challenged people at a programme organised by the Ministry of Social Justice.
• Arctic sea ice coverage on 2nd lowest
The US National Snow and Ice Data Center has called the annual minimum ice extent. Arctic sea ice coverage dipped to 4.14 million square kilometers before ticking back upward for a few days. That puts 2016 in second place for the lowest minimum on record—statistically tied with 2007. The record low is retained by 2012, which fell to an incredible 3.39 million square kilometers.
• Auto industry to create 65 million jobs
The government expects the automobile industry to create 65 million new jobs and clock annual revenues of $300 billion by 2026. Heavy Industries Secretary Girish Shankar said, India’s auto industry is one of the largest and most competitive in the world, contributing 7 per cent of the country’s GDP. The passenger vehicle market is still expected to double to 4 million units by 2020.
• China progresses to manned space station
China successfully launched Tiangong-2 — its space lab, to establish a manned space station around 2022. A Long March-2F T2 rocket was launched from Jiuquan Satellite Launch Center in northwestern China’s Gobi desert. After a flight of 580 seconds, it entered its designated orbit 380 km above Earth. The two astronauts will work in Tiangong-2 for 30 days before re-entering Earth’s atmosphere.
• An incredible odyssey spanning 84 years
Kanpur’s Green Park Stadium will host the first Test between India and New Zealand from September 22. The aura of a major milestone will linger as India will play its 500thTest, a steady progress from its maiden venture against England at Lord’s in 1932. After 84 years and 499 Tests, the country’s cricketing journey has been one of growth and a gradual bucking of the stereotype.
• Playwright Edward Albee Dies
American legendary playwright Edward Albee, widely considered one of the greats of his generation, has died. He entered the theater scene with “The Zoo Story” (1958) at age 30. He won three Pulitzer Prizes for best drama, the first in 1967 for “A Delicate Balance.” He also garnered Pulitzers for “Seascape” in 1975, followed “Three Tall Women” in 1994.
• First Mercy Killing of Minor in Belgium
A terminally ill child has become the first minor to be euthanised in Belgium since age restrictions on such mercy killings in the country were lifted in 2014. Belgium has been the only country in the world that allows children of any age, in the last stages of an incurable disease, to choose to end their suffering. Any request for euthanasia must be made by the minor & have parental consent.
• Iranian Cyclist Bahman Golbarnezhad Dies
Iranian Paralympic cyclist Bahman Golbarnezhad has died at Rio 2016 after a severe crash while competing in the C4/C5 cycle race. The cyclist was involved in a crash around the first section of the Grumari loop, a mountainous stretch of the course. He was en route to hospital when he suffered a cardiac arrest. He had also competed at the 2012 Paralympics & was Iran’s sole cyclist at the Rio.
• UN Holds First-ever Summit on Refugees
Leaders from around the globe converge on New York for the first-ever summit on Addressing Large Movements of Refugees and Migrants. The issue of what to do about the world’s 65.3 million displaced people takes center stage at the United Nations General Assembly. Leaders and diplomats are expected to approve a document aimed at protecting the human rights of refugees and migrants.
• Leaders Adopt Declaration on Refugees
World leaders came together at the United Nations to adopt the New York Declaration on refugees & migrants. The declaration expresses their political will to protect the rights of refugees and migrants & to save lives. The landmark declaration was adopted at the UN General Assembly’s first-ever Summit for Refugees & Migrants. There are an estimated 244 million migrants in the world today.
• Two-day National Labour Meet Kicks Off
The two-day national labour conference kicks off in Odisha capital Bhubaneswar. The event is being jointly organised by the state labour dept. & the International Labour Org. Major issues pertaining to social security of organised & unorganised sector labourers as well as wage issues would be discussed. The conference will also likely to discuss about how to manage the labour welfare boards.
• Visakhapatnam Top List of Richest Cities
Gajuwaka assembly constituency in Visakhapatnam district has emerged as the richest among all assembly segments in Andhra Pradesh. It has a per capita income of ` 2,64,332. On the other hand, Ichchapuram segment in Srikakulam with a per capita income of just ` 46,905 stands at the bottom. The AP govt has for the first time estimated per capita income of all the 175 assembly constituencies.
• 3,000 Jan Aushadhi Kendras to be Opened
Centre has decided to open 3,000 Jan Aushadhi Kendras by March 2017. 437 such Kendras have become operational across the country so far. Of them, the maximum 122 Jan Aushadhi Kendras are in Chhattisgarh. Dept of Pharmaceuticals has initiated a countrywide campaign to ensure availability of generic medicines at affordable prices for all, under Pradhan Mantri Jan Aushadhi Yojana (PMJAY).
• World’s Oldest Catholic Bishop Dies
Peter Leo Gerety, who had served as head Archdiocese of Newark for 12 years, passed away. He was world’s oldest Roman Catholic bishop & championed civil rights and promoted equality for women in the church. He was born in Shelton, Connecticut & was ordained to priesthood in 1939. His work included 27 years as a priest in his home state, where he devoted himself to the needs of black Catholics.
• International Day of Peace Observed
The International Day of Peace is observed annually on 21 Sept. The General Assembly has declared this as a day devoted to strengthening the ideals of peace, both within and among all nations & peoples. The theme for 2016 is “The Sustainable Development Goals: Building Blocks for Peace”. The 17 Sustainable Development Goals were unanimously adopted by the 193 Member States of the UN in Sept 2015.
• Govt Clears Deal for 36 Rafale Jets
The govt has cleared the deal with France for 36 Rafale fighter jets. The two countries will sign the final deal in the presence of French Defence Minister Jean Yves Le Drian. The contract for the deal was already cleared by the Cabinet Committee on Security earlier. The deliveries of Rafale fighter jets will start in 36 months and finish in 66 months from the date the contract is inked.
• Undersea Cable to Link Andaman, Mainland
The Union Cabinet approved a proposal for improving telecom connectivity in Andaman & Nicobar Islands. It has approved the proposal of connecting the union territory with Chennai via an undersea optical fibre cable at a cost of ` 1,102.38 crore. Currently, the only medium of providing telecom connectivity is through satellites. Satellite bandwidth is very costly & its availability is limited.
• Amsterdam to Pilot ‘Self-Drive’ Boats
Amsterdam’s famous canals will be seen floating with what is called as the first driver-less boats of the world. The captain less boats will be transporting commuters & moving cargo. The first prototypes termed as “Roboat” is expected to be launched next year. The prototype is collaboration between Amsterdam Institute for Advanced Metropolitan Solutions & the Massachusetts Institute of Tech.
• World’s 1st Zero-Emission Train Unveiled
French company Alstom unveiled a zero-emission train powered by hydrogen at the InnoTrans trade fair in Berlin. The hydrogen train called the Coradia iLint will be running from Dec 2017 in Germany. The new train is CO2-emission-free & is powered by a hydrogen fuel cell, stored in a hydrogen fuel tank on the roof of the train. The train produces just steam and water as opposed to greenhouse gases
• Sudhir Pratap Singh Named New NSG chief
Senior IPS officers Sudhir Pratap Singh & O P Singh were appointed as Directors General of National Security Guard (NSG) & Central Industrial Security Force (CISF) respectively. P Singh is a 1983-batch IPS officer of Uttar Pradesh cadre & at present working as Director General of National Disaster Response Force (NDRF). Sudhir Pratap Singh is a 1983 batch IPS officer of Rajasthan cadre.
• 20th India-International Sea Food Show
Union Minister Venkaiah Naidu has inaugurated the 20th India International Seafood Show 2016 at Vishakapatnam along with Nirmala Sitharaman. It is aimed to boost the country’s aquaculture industry with the US, EU, Southeast Asia, Japan & China as major sea food partners. The theme of IISS 2016 will be Safe and Sustainable Indian Aquaculture. The first seafood show was held at Mumbai in 1973.
• Indonesia Declares Candidacy for UN
Indonesia has announced its candidacy for membership on the U.N. Security Council. The country’s Vice President Muhammad Jusuf Kalla said the United Nations needs reforms to make it stronger. Indonesia is the world’s third-largest democracy. Selections of the new non-permanent Security Council members will be made in mid-2019. Other Asia-Pacific candidates are India and Vietnam.
• Jeremy Corbyn Re-Elected Labour Leader
Jeremy Corbyn has been re-elected as Labour leader,comfortably defeating his challenger Owen Smith. He won 61.8% of the vote, a larger margin of victory than last year. In a result announced on the eve of Labour’s party conference, Mr. Corbyn won 313,209 votes, compared with Mr. Smith’s 193,229. More than half a million party members, trade unionists and registered supporters voted in the contest.
• Apple Acquires AI Startup Tuplejump
Apple has acquired a Hyderabad-based machine learning startup Tuplejump to strengthen its expertise in artificial intelligence. Tuplejump was founded in 2013 by Rohit Rai, Satyaprakash Buddhavarapu & Deepak Alur. Tuplejump is Apple’s first acquisition in India. With this, the Apple has bought three artificial intelligence companies this year, the others being Turi and Emotient.
• Swachha Bharat Week Launched
The minister of urban development, Venkaiah Naidu inaugurated the nationwide observance of Swachh Bharat Week cleanliness drive at the Kozhikode railway station. Swachh Bharat Mission initiated by the Prime Minister has become a mass movement in our country. The drive is launched to mark the birth centenary of Deen Dayal Upadhyay, which falls on September 25.
• Iran launches home-grown missile
Iran’s Defence Ministry launched the production line of home-grown ballistic missile of “Zolfaqar”.The tactical missile, which is capable of evading jamming signals in electronic warfare will come into service by March 2017.“Zolfaqar” runs on solid fuel and can hit the targets with a pin-point accuracy in a range of 750 km.
• Isolate Pakistan, Sushma tells U.N.
India took its campaign to diplomatically isolate Pakistan to the United Nations on Monday. External Affairs Minister Sushma Swaraj asked the world community to hold countries that “nurture, peddle and export” terrorism to account. Referring to the ethnic minority in Pakistan, she said “The brutality against the Baloch people represents the worst form of State oppression”.
• TN tops national average in remittances
International remittances (money sent by migrants back home) constituted 14 per cent of Tamil Nadu’s gross state domestic product in 2015, almost three times the national average. This was according to a study by Western Union, the world’s biggest money transfer firm. The study stated that the money coming in constituted 4 per cent of India’s gross domestic product.
• UN acclaims Indian anti-hunger activist
Troubled to see the amount of food being wasted in the big fat Indian weddings, Ankit Kawatra came up with the solution to redistribute it among the hungry. Mr. Kawatra started ‘Feeding India’. He is among the 17 people selected for the inaugural class of U.N. Young Leaders for Sustainable Development Goals for his initiative. They were selected from more than 18,000 nominations from 186 countries.
• Google celebrates birthday with Doodle
Google celebrates its 18th birthday with an animated, festive-balloon Doodle today.The company was founded by Larry Page and Sergey Brin in 1998. The corporate headquarters complex of Google and its parent company ‘Alphabet Inc.’ is at Mountain View, Santa Clara county, California.
• First US Shale Gas Arrives in Britain
Shale gas from the U.S. arrived on the shores of the U.K. for the first time.
A tanker carrying 27,500 m3 of ethane from US shale fields has reached Grangemouth, the site of the petro-chemicals plant owned by Ineos. Many politicians & environmental groups have criticised the shipment.They claim the process of injecting Water, sand & chemicals into the rock at high pressure damages the environment.
• 28th-Sept: World Rabies Day
World Rabies Day is observed every year on September 28th.The day is celebrated to aware about rabies prevention and to highlight progress in defeating this horrifying disease.The day also marks the anniversary of Louis Pasteur’s death, the French chemist and microbiologist, who developed the first rabies vaccine.The theme for 2016 is “Rabies- Educate, Vaccinate, Eliminate”.
• World Tourism Day Observed
The World Tourism Day (WTD) is being observed annually on 27th September to raise awareness about the importance of tourism. The World Tourism Day marks adaptation of Statutes of the UNWTO on September 27, 1970.The theme of this year is ‘Tourism for all – promoting universal accessibility’.The purpose of this day is to raise awareness on the role of tourism within the international community.
• Mysuru Declared Open Defecation-Free
The royal city of Mysuru has been crowned the “first city free of open defecation” in the country.The city has managed to bag the coveted cap due to the awareness and implementation by the government authorities.Mysuru was declared “open defecation free” after a survey of 73 cities was conducted by the Quality Council of India.99 percent of households in Mysuru have toilets.
• World Maritime Day
The World Maritime Day is observed across the world on 29 Sept. The 2016 theme is “Shipping: indispensable to the world”. The theme focuses on the critical link between shipping & global society & to raise awareness of the relevance of the role of International Maritime Organization (IMO). The day was first held on March 17, 1978 to mark the date of the IMO Convention’s entry into force in 1958.
• Govt Approves India-Singapore MoU
The government has approved the signing a MoU with Singapore to boost innovation, creativity and technological advancement in both countries. The MoU will enhance bilateral cooperation activities in the arena of industrial property rights of patents, trademarks and industrial designs. The MoU will be signed at the upcoming visit of Singapore’s Prime Minister to India.
• Conference on Prison Reforms Begins
The two-day national conference on Prison Reforms begins in New Delhi. The Union Minister of State for Home Affairs Hansraj Gangaram Ahir inaugurated the 5th National Conference. Heads of Prisons of States and Union Territories will take part in the conference. The conference will provide a platform to the stakeholders to exchange ideas and learn from each other’s experiences.
• Mumbai Richest City in India
India’s financial capital Mumbai, home to 45,000 millionaires & 28 billionaires, is the wealthiest city in the country with total wealth of $820 billion. According to New World Wealth, Mumbai is followed by Delhi & Bengaluru. Delhi is home to 22,000 millionaires and 18 billionaires and has total wealth of $450 billion. The report defines ‘wealth’ as the net assets of a person.
• Rosneft Deal Gets the Govt All-Clear
The Union Cabinet has given its nod to a consortium of Indian Oil Corporation, Oil India & Bharat Petro Resources for acquiring stakes in two Russian oilfields for around $3.24 billion. The consortium will acquire 23.9% stake in Vankorneft & 29.9% stake in Taas-Yuryakh fields from Rosneft. Rosneft operates Vankor & Taas-Yuryakh oilfields.
• Saudi Warn of Consequences over 9/11 Law
Saudi Arabia has warned of disastrous consequences from a US law allowing
9/11 victims to sue the kingdom for damages.The warning came after the US Congress voted overwhelmingly to override President Obama’s veto of the Justice Against Sponsors of Terrorism Act or JASTA. The Act allows attack survivors and relatives of terrorism victims to pursue cases against foreign govts in US Federal Court.
• Wooden Pagoda in China Enters Guinness
A nearly 1,000-year-old wooden pagoda in China’s northern Shanxi province, has been declared the world’s tallest wooden pagoda by the Guinness World Records. It was built in 1056 during the Liao Dynasty, the 67.31 meter pagoda is also called the Sakyamuni Pagoda of Fogong Temple. With 3,000 cubic meters of wood weighing 2,600 tonnes, the pagoda was built with no nail.
• Indonesia Mount Barujari Volcano Erupts
Indonesia volcano erupted at Mount Barujari in Lombok island. The volcano, also known as the“Child of Rinjani” because it sits within the Mount Rinjani caldera. The eruption interrupted flights for several hours at Ngurah Rai international airport in Bali, about 135km from Lombok. Indonesia lies along the volatile “Ring of Fire” and is home to 130 active volcanoes.
• Shakti Sinha is Nehru Library Chief
The Appointments Committee of the Cabinet has approved the appointment of retired IAS officer Shakti Sinha to the post of director, Nehru Memorial Museum & Library. He has served in the PMO during Mr. Atal Bihari Vajpayee’s tenure & was also director in India Foundation. The NMML has been without a director since the resignation of its previous director Mahesh Rangarajan in September.
• All-Women Expedition to Mt Gorichen
Arunachal Pradesh Chief Minister Pema Khandu has flagged off the all-women Mt Gorichen Expedition.This will be the first all women team attempting to summit Mount Gorichen. Mount Gorichen is the second highest peak of Arunachal Pradesh. Anshu Jansempa, who has climbed Mt Everest twice is leading the team of 10 members.
• Parrikar Inaugurates Coast Guard Conf.
Manohar Parrikar inaugurated the 35th Coast Guard Commanders Conference at New Delhi. He appreciated the efforts of the Indian Coast Guard (ICG) in augmenting maritime & coastal security. The conference aims to to determine the modalities to overcome the challenges efficiently. The conference is held annually, where all regional commanders put forth the roadmap for future.
• EPFO to Invest ` 13,000 cr in ETFs
Labour Ministry doubled EPFO’s investment limit in ETFs to 10%.It has raised the limit of investments by the Employees’ Provident Fund Organisation (EPFO) in the Exchange Traded Funds (ETFs) in 2016-17 to 10% of investible income from 5 per cent in 2015-16. It will result in ` 13,000 crore of the retirement fund body flowing into stock markets in the current fiscal.
• New CMD for Scooters India Appointed
R Sreenivasulu has been selected as the Chairman and Managing Director of Scooters India under the Ministry of Heavy Industries. He will take charge of the new assignment on October 6. He is a post-graduate from the Indian Institute of Sciences, Bangalore. He had joined the Visakhapatnam steel plant as management trainee in 1985 and has held several important positions during the past 31 years.
• HCL, IBM Enter 15-year Partnership
HCL & IBM have entered into a 15-year partnership for automation, develop-ment & operations. This partnership will focus on technical teams on native cloud & cognitive solutions. HCL will build features and functions on top of existing IBM platforms and products. Development and support teams from IBM, will benefit from HCL’s strong engineering heritage & culture of empowerment.
• Interest Rates on Small Savings Cut
Interest rates on small saving schemes would be reduced marginally by 0.1 percentage points for the Oct-Dec quarter of FY 2016-17. It will leads to lower returns on Public Provident Fund (PPF), Kisan Vikas Patra (KVP) & Sukanya Samriddhi Account, among others. Interest rates for small savings schemes are notified on a quarterly basis and linked to government securities of equivalent maturities.
• Nice Court Suspends Burkini Ban
A French court has overturned a ban on burkini in Nice. The court in Nice concluded that decree is illegal because there were no proven risks of disruption to public order. The Council said that concerns arising from recent terror attacks, including in Nice is insufficient to justify a ban. Nice was one of the first French towns to ban the conservative swimsuit this summer.
• Mother Teresa Declared Saint Teresa
Mother Teresa is now Saint Teresa of Calcutta following canonization by Pope Francis in Vatican City. The canonization comes on the eve of her 19th death anniversary. Mother Teresa died on September 5, 1997. She will now be known as Saint Teresa of Calcutta. Mother Teresa’s had dedicated her life to helping the poor.
• Sanjhauli Block, Bihar Declared as ODF
Sanjhauli in Bihar’s Rohtas district has been named the first Open Defecation Free (ODF) block in the state under the Swachh Bharat Mission. The State Rural Development Dept is implementing Mission Pratistha in Bihar. In one of its kind, 7000 toilets were constructed in a record 55 days. Sanjhauli was used as a pilot to understand the community process by involving all stakeholders.
• Indo-Japan defense aimed us: Beijing
China said it would consider India Japan cooperation defense “disgraceful” if it is aimed at pressuring Beijing over the disputed South China Sea issue. Japan has planned to sell search and rescue aircraft to India at a lower cost to strengthen security cooperation. China claimed that selling aircraft at lower rates is definitely a defense against us.
• West Bengal to give land to Volvo
West Bengal Chief Minister Mamata Banerjee on Thursday said that the state will provide around 25 acres of land in the Panagarh Industrial Park to Swedish automobile firm Volvo. However, she did not specify what Volvo would do with the land. Further, Banerjee said the state government’s target is to prepare a workforce of six lakh skilled workers every year.
• Maoists fourth deadliest terror outfit
The world witnessed 11774 terror attacks in 2015, in which 28328 people were killed. India was the fourth worst-affected country after Iraq, Afghanistan and Pakistan. Data collected by the National Consortium for the Study of Terrorism and Responses to Terrorism revealed that Taliban, Islamic State and Boko Haram were the three deadliest terror groups followed by CPI(Maoist), a banned outfit.
• Google Launches AI-Powered App Allo
Google has launched an Artificial Intelligence (AI) centric smart messaging app – Google Allo. It can help you make plans, find information & express yourself more easily in chat. One of the talking points however is the app’s smart capabilities. When chatting, the AI monitors the topic of conversation and suggests replies. The integration with Google Assistant is another of the app’s highlights.
• Navtej Appointed Ambassador to the US
India’s High Commissioner to Britain Navtej Sarna was appointed as the next Ambassador to the US. He takes charge after Arun Kumar Singh retired at the end of last month. He was moved to London as the High Commissioner around eight months ago. He was among the longest-serving spokespersons of the ministry between 2002 & 2008. He has also had postings in Moscow, Warsaw, Tehran, Geneva & Thimphu.
• China to deploy drones over S. China Sea
China plans to deploy its indigenously built drones for surveying and mapping in the disputed South China Sea and along the contentious islands with Japan.China is now capable of deploying domestically-designed drones in the South China Sea and East China Sea.Li Yingcheng, General Manager of China TopRS Technology Co Ltd said, “drones can fully cover waters 80 nautical miles from the coastline.”
• Pak. Assembly Passes Hindu Marriage Bill
Pakistan’s lower house of Parliament has passed a landmark bill giving its small Hindu minority the right to register marriages.It was the last major hurdle on the way to enacting a law aimed at protecting women’s rights.The new bill sets the minimum age for marriage for Hindus at 18.The new law legalises remarriage for a widow six months after her husband’s death.
• Trinamool Gets National Party Status
The All India Trinamool Congress (TMC) has been recognised as a national party by the Election Commission of India.TMC qualified for the status as it is recognised as a state party in four states.It is a recognised State party in West Bengal, Manipur, Tripura and Arunachal Pradesh.The Mamata Banerjee-led party will join BJP, BSP, NCP, CPI and CPM, which are recognised as national parties.
• British Columbia Issues Masala Bonds
Canada’s Province of British Columbia has become the first foreign government entity to issue a masala bond.It has raised ` 500 crore through this offering. Masala Bonds are rupee-denominated bonds issued to overseas buyers, aimed at investments into India’s infra needs.In July, HDFC had listed the world’s first masala bond, raising ` 3,000 crore.
• B’desh Hangs Jamaat leader Mir Quasem Ali
A leader & financial backer of the Bangladesh biggest Islamist party Jamaat-e-Islami has been executed for war crimes committed during the war of independence from Pakistan in 1971.He was sentenced to death two years ago.He had been convicted of offences including murder and torture.He was arrested in 2010 and convicted in 2014.
• Samsung Recalls Galaxy Note 7
Samsung is recalling millions of new Galaxy Note 7 smartphones worldwide after reports that the devices can catch fire while charging. The massive recall of one of Samsung’s flagship devices is an embarrassing setback for the world’s biggest selling smartphone maker. It will offer customers a new product for free in the coming weeks to replace the 2.5 million Galaxy Note 7s.
• Microsoft, Google Sign up Privacy Shield
Microsoft, Google & Salesforce have officially adopted the EU—US Privacy Shield framework. It will enable them to receive personal data from the European Union in compliance with the new standards. They are now among the 103 companies out of the 5,526 signatories that have so far signed up to replace the defunct Safe Harbour framework. Facebook,Apple &Twitter are yet to adopt Privacy Shield.
• DoT Unveils New Norms on SIM Upgradation
The Dept of Telecom, DoT has come out with new guidelines on SIM upgradation from 2G to 3G or 4G. It can be done only with a clear go-ahead from mobile users.To upgrade the SIM card, the subscriber will have to generate a request through customer care or online or point of sale of the company.The new norms will put an end to automatic upgradation of SIM by some operators.
• First Face Transplant Patient Dies
Isabelle Dinoire, a Frenchwoman who received the world’s first partial face transplant, has died. She has died more than a decade after a complex and daring operation that set the stage for dozens of similar transplants worldwide. She was given a new nose, chin and lips in a groundbreaking, 15-hour operation in 2005. There have been 36 face transplant surgeries around the world since 2005.
• MobiKwik Launches ‘Bubble Pin’
MobiKwik has launched a one-step offline payments mode, called Bubble Pin.This pin can be generated on the MobiKwik app by clicking on ‘Pay at store’ and is valid for 60 seconds.To make a payment, all a user needs to do is share this pin with the merchant.Bubble pin also makes the transaction more secure as no phone number is required to be shared.
• ESIC Raises Wage Threshold to ` 21,000
The Employees’ State Insurance Corporation (ESIC) has raised the monthly wage threshold to ` 21,000, from the current ` 15,000, for coverage under its health insurance scheme.The ESIC board also decided to continue membership even if their basic wage breaches the ceiling of ` 21,000 per month.At present,lose their membership of ESIC if their basic wage overshoots the ceiling.
• Hajj goes virtual with real time flavour
Hajj has gone high-tech. This year, it drew believers arriving on foot and on camels for centuries was broadcasted live. Pilgrims are also walking around with arms outstretched to broadcast their hajj live to family and friends by mobile phone. Until recently, cameras were not even allowed into the Grand Mosque, which draws close to two million pilgrims.
• Centre gives states more freedom for CSS
The Centre on Sunday issued fresh flexi-fund guidelines. Guidelines will give more freedom to states in spending money under the Centrally Sponsored Schemes (CSS) to meet local developmental requirements. Under the new norms, flexi-fund in each CSS has been increased from the current 10 percent to 25 percent for states and 30 percent for union territories.
• Task force moots new panel on BPL
A task force headed by NITI Aayog Vice-Chairman Arvind Panagariya to prepare a road map for elimination of poverty has submitted its report. The task force has also suggested participation from the States in defining the BPL population. Its main task was to prepare a road map for elimination of poverty as well as suggest strategies and anti-poverty programmes, the official said.
• Claude Lila Parulekar passes away
Noted animal rights activist Claude Lila Parulekar, the daughter of eminent editor & founder of the Marathi daily ‘Sakal’, Nanasaheb Parulekar, passed away on Tuesday morning. Ms. Parulekar, former director of ‘Sakal’, was confined to a wheelchair since 2007. Her most significant contribution include mentoring several animal welfare activists & teaching them how to use the law for animal welfare.
• Three-day BRICS Urbanisation Forum Meet
Third BRICS Urbanisation Forum Meet will start from Sept. 14. The theme of the meet is “Building responsive, inclusive and collective solutions for urbanisation”. Based on the discussions and deliberations during the 3 days, ‘Vizag Declaration’ will be prepared, which would play a vital role in the ministers’ conference of BRICS to be held on October 15 & 16 in Goa.
• Microfinance industry clocked 60% growth
Country’s microfinance industry pegged at ` 63,853 crore in 2015-16, posting a growth of 60 percent year-on-year. The high growth rate continues, despite Bandhan. As of March 2016, the total loan portfolio of MFIs has reached an all-time high of over ` 63,853 crore clocking 31 per cent growth.
• Microfinance industry clocked 60% growth
Country’s microfinance industry pegged at ` 63,853 crore in 2015-16, posting a growth of 60 percent year-on-year. The high growth rate continues, despite Bandhan. As of March 2016, the total loan portfolio of MFIs has reached an all-time high of over ` 63,853 crore clocking 31 per cent growth.
• U.S expects India to ratify Paris treaty
The U.S is confident that India will be able to ratify the Paris Agreement on climate change before the end of the year. The Obama administration is actively persuading members of the Nuclear Suppliers Group (NSG) to admit India into the 48-member club. Although India has not yet publicly declared a timeline for ratifying the Paris Agreement.
• Pakistan may have new nuclear site
Pakistan is suspected of rapidly constructing a new centrifuge for a reprocessing site within the Khan Research Laboratories in Kahuta. According to IHS Markit, the satellite imagery of a newly built site at the KRL shows the progress of construction. IHS Markit noted that the area is approximately 1.2 hectares & is located within the secure area of the KRL.
• BRICS to unite against terror groups
BRICS High Representatives agreed to intensify cooperation against terror groups like IS in West Asia & North Africa region. The meeting of the High Representatives on security issues was led by National Security Adviser Ajit Doval & attended by his counterparts. The discussion is significant as it gave opportunity to raise the issue of a counter terror convention before UN in the coming session.
• Nadia Named U.N. Goodwill Ambassador
Nobel Peace Prize nominee Nadia Murad Basee Taha ,who survived trafficking at the hands of ISIS was formally appointed UNODC Goodwill Ambassador for the Dignity of Survivors of Human Trafficking. This designation marks the first time a survivor of atrocities is bestowed with this distinction. She was subject to grave abuses at the hands of ISIL fighters and was bought and sold various times.
• US To Be Partner For Vibrant Gujarat
The US has agreed to be a partner country in the next edition of the Vibrant Gujarat Summit in January 2017. US Secretary of State John Kerry had attended the last Vibrant Gujarat Summit. Vibrant Gujarat is the name given to a biennial investors’ summit held by the government of Gujarat. The event is aimed at bringing together business leaders, investors & corporations,
• BSE Ties up with Twitter
The Bombay Stock Exchange(BSE) has tied up with Twitter, which will give its investors live status, opening and closing figures of the market and stock prices. This makes it the first collaboration in Asia between a stock exchange and a social networking site. BSE has been running a Twitter handle since 2012, there was no real time feed available on social media to investors.
• Twitter Eases 140-char Limit on Tweets
Twitter announced it was easing its 140-character limit on tweets. The new policy was announced in May & now in effect no longer factors in certain add-ons, including pictures into a message’s length. The latest move eases but does not eliminate the 140-character limit. Media attachments such as photos, videos are exempted from the character limit as well as tweets that are quoted in a retweet.
• China, Russia Conclude Joint Naval Ex.
Chinese & Russian naval forces concluded their joint military exercise in the waters off the southern province of Guangdong, China. The eight-day long exercises have ended with both navies staging a mission to seize an island. The exercises demonstrated capacities in command management & telecomm coordination. China regards the drills as significant as they demonstrate Russia’s backing to it.
• Flipkart Crosses 100 mn Customers Mark
Flipkart has crossed the 100-million registered users mark, becoming the first e-commerce company in the country to hit the milestone. This landmark was crossed just six months after hitting the 75 million users mark. Bank of America Merrill Lynch Report confirmed Flipkart as the leader with over 43% market share. Flipkart is an e-commerce company founded in 2007 by Sachin Bansal and Binny Bansal.
• Alibaba to Launch E-Commerce Satellite
China’s online marketing giant Alibaba plans to launch the world’s first e-commerce satellite next year. It will aim to provide people with the best vegetables after analysing agricultural cultivation & harvesting data. The company aims to develop a series of customised products with the help of satellites. The project is in cooperation with China Academy of Launch Vehicle & China Space Museum.
• Maruti Crosses 15 lakh Units Milestone
Maruti Suzuki India has announced crossing the milestone of 15 lakh vehicles in its cumulative exports. These vehicles have been exported to over 100 countries including Europe, Latin America & Africa. Earlier this year, the company’s premium hatchback Baleno became the first car to be exported from India to Japan. The company started exports to Europe in 1987-88.
• Food services industry to reach $77 bn
Country’s food services industry is expected to touch USD 77 billion (about ` 4,98,130 crore) by 2021.Growing at an annual rate of 10 percent, in 2016 the food services market is expected to be at ` 3,09,110 crore.The unorganized sector will account for 67 percent share with an estimated size of ` 2,07,635 crore, National Restaurant Association of India said in a report.
• Driverless Bus Service Starts in France
The world’s first driverless bus service began carrying passengers in the French city of Lyon. Two electric minibuses with a capacity of 15 passengers each are now operating a 10-minute route. These two electric vehicles are fitted with high-tech equipment including laser sensors,stereo vision and GPS. The vehicles have been tested without passengers in other French cities.
• LIGO Lab to Come Up In Maharashtra
The Laser Interferometer Gravitational-wave Observatory (LIGO) project that was given approval by the Union Cabinet may come up in Maharashtra’s Hingoli district. Aundh in Hingoli district is a preferred site for the Ligo project. It would be third such laboratory in the world, first outside the United States. The existing laboratories are located in Hanford, Washington & in Livingston, Louisiana.
Sikkim Tops Swachh Bharat Survey Sikkim has emerged on top, while Bihar has been placed at the bottom among States in the rankings for coverage of Swachh Bharat (Rural). Sikkim (West) and Himachal Pradesh (Mandi) are top performers in 22 hilly districts. Among the 53 districts in the plains, Sindhudurg (Maharashtra) and Nadia (West Bengal) are on top. The districts were ranked on households having access to safe toilets.
• Microsoft Teams with BAMLon ‘Blockchain’
Microsoft & Bank of America Merrill Lynch (BAML) have joined on a project to use blockchain technology to make trade finance transactions faster,cheaper & safer.Blockchain works as an electronic record-keeping & transaction-processing system.It allows all parties to track information through a secure network. Microsoft’s cloud-based Azure platform will be used for the project.
• WTO Cuts Global Trade Growth to 1.7%
The World Trade Organization cut its forecast for global trade growth this year by more than a third.It revised its estimates for global trade growth, saying it would expand by just 1.7% in 2016.In Sept 2015,the WTO estimated that global trade would rise 3.9% in 2016.The severe fall was attributed to factors such as a decline in commodity prices & sluggishness in the Chinese economies.
• US, Vietnam Navy Kick-Off
The US and Vietnamese navies have begun the 7th annual Naval Engagement Activity NEA, Vietnam 2016 at Tien Sa Port in Da Nang. The exercise will focus on non-combatant events & include seminars in military medicine and maritime law. The exercise will also include Code for Unplanned Encounters at Sea and search and rescue scenarios.
• Sebi Allows Options Trading
Markets regulator Sebi has allowed options trading on commodity bourses. This has been a long pending demand from the exchanges, investors and market participants. So far, only future trading was permitted on commodity bourses. The moves aim at increasing liquidity and attracting more investors to the commodities market. Option trading can be speculative in nature & carry substantial risk of loss.
• Centre to Wind up Hindustan Cables
The Cabinet has given its nod for a strategic sale of sick public sector firm Bharat Pumps and Compressors. The cabinet also approved the closure of Hindustan Cables by offering a golden handshake to its employees. There is no production activity in the company since Jan 2003. With the present time bound closure, the valuable assets of the company will be available for other optimum utilization

Current Events September 2016 – Political

• Maha, Guj governors given addl. charge
President Pranab Mukherjee has given Maharashtra Governor C. Vidyasagar Rao additional charge of Tamil Nadu. He has also made Gujarat Governor Om Prakash Kohli in-charge of Madhya Pradesh. The tenure of Tamil Nadu Governor K. Rosaiah ended on 30.8.2016 while that of Madhya Pradesh Governor Ram Naresh Yadav will come to an end on September 7.
• Gabon’s President Bongo Re-elected
Gabon’s incumbent President Ali Bongo has won a closely fought presidential election. Bongo had obtained 49.80 percent of vote, beating rival candidate Jean Pin who received 48.23 percent. He was first elected in 2009 after the death of his father Omar, who ran Gabon for 42 years. Gabon is a sovereign state on the west coast of Central Africa.
• Brazilian Senate Impeaches Rousseff
Brazil’s Senate has removed President, Dilma Rousseff, from the office for breaking budgetary laws. This ends an impeachment process that polarized the country and paralyzed its politics for nine months. Senators voted 61 to 20 to convict Ms Rousseff for illegally using money from state banks to boost public spending. Michel Temer has been sworn in as 37th President of the country.
• Michel Temer, Brazil’s New President
Michel Temer, Brazil’s former vice president, has been sworn in as the country’s new president. He was sworn after the country’s Senate voted to remove Dilma Rousseff from office. He has been serving as interim president since May, when the Senate launched impeachment proceedings against Ms. Rousseff. He is expected to stay in power until the next scheduled election in late 2018.
• Government Constitute AK Sinha Committee
The Centre has constituted an expert committee of four members to study the silt in the river Ganga in Bihar. Member of Ganga Flood Control commission A .K. Sinha has been made Chairman of the committee. During meeting with PM Modi Bihar CM Nitish Kumar had requested him to send an expert team to study silt in Ganga which caused devastating prevailing flood in the state.
• Odisha Pave GST for Presidential Assent
The Odisha Legislative Assembly has unanimously ratified the Constitution Amendment Bill for Goods and Services Tax (GST).With Odisha emerging as the 16th state to have ratified the historic GST bill.The bill has enlisted the support of at least 50 per cent of the states.Now the deck is cleared for the bill to head for the Presidential assent.
• India and Vietnam Sign 12 Agreements
India & Vietnam have signed 12 agreements for further strengthening of bilateral ties.The agreements were signed in presence of PM Modi & his Vietnamese counterpart Nguyen Xuan Phuc in Hanoi.PM Modi has arrived Hanoi on the first leg of his two-nation visit.This is the first bilateral prime ministerial visit from India to Vietnam in 15 yrs since the visit of then premier A.B. Vajpayee in 2001.
• PM Modi reaches Hangzhou for G20 summit
Prime Minister has reached Chinese city of Hangzhou to participate in the two day G-20 Summit. PM Modi held bilateral meeting with Chinese President Xi Jinping at Hangzhou, China.The meeting was held on the sidelines of the G20 Summit.The two leaders had last met at the Shanghai Cooperation Organisation Summit in June in Tashkent.
• Prakampana-2016 Held in Visakhapatnam
A permanent facility of the National Disaster Response Force (NDRF) named ‘Prakampana’-the first Joint Disaster Management Exercise was inaugurated in Visakhapatnam.This program is aimed at synchronising the resources & efforts of all agencies.The armed forces, in association with the National Disaster Management Authority and the NDRF, would be represented in these exercises.
• Bachchan, Fadnavis Pick up Brooms
CM Devendra Fadnavis & Bollywood megastar Amitabh Bachchan picked up brooms during a ‘Maha Cleanathon’ held as part of the Swachh BharatAbhiyan. Bachchan is the campaign ambassador of Swachh Bharat.Fifty cities in Maharashtra will be ‘swachh’ by Oct 2 & 7,000 villages in the state are now open-defecation free. It is a national campaign to clean the streets, roads & infrastructure of the country.
• Nation Celebrates Teacher’s Day
Teacher’s day in India is celebrated every year on 5th of September to honour the contributions of the teachers in our society. The day is celebrated on the birthday of educationist & former President Dr Sarvepalli Radhakrishnan. He was a scholar, statesman & a respected teacher who shaped many minds and served the country. President and Prime Minister have greeted the teachers on the day.
• PM Arrives in Laos to Attend ASEAN, EAS
PM Modi has arrived in the Laos capital to attend the ASEAN-India & the East Asia Summits (EAS). Mr. Modi is scheduled to have several bilateral meetings on the sidelines of the Summits. East Asia Summit is the premier forum for discussions on the challenges and opportunities before the Asia Pacific region. This is the third time that the Prime Minister is attending these two Summits.
• Sikkim sparkles in NSSO survey
Sikkim has been adjudged the cleanest State while Jharkhand comes last in the list on the condition of sanitation in rural areas of 26 states. The results of the survey carried out last year by the National Sample Survey Office (NSSO) was released by Union Rural Development Minister Narendra Singh Tomar here. Prime Minister Narendra Modi’s home State, Gujarat is ranked 14th.
• ABVP sweeps DUSU Election Polls
The BJP-affiliated Akhil Bharatiya Vidyarthi Parishad (ABVP) has won the three top posts of the Delhi University Students Union (DUSU). ABVP’s Amit Tanwar, Priyanka Chabri and Ankit Sangwan were elected DUSU President, vice-president and secretary respectively. Mohit Sangwan of the NSUI won the joint secretary post.
• Rare honour for DSSC
Pranab Mukherjee presented the President’s Colours to the Defence Services Staff College. The President said the honour was a befitting tribute to the eternal spirit of the premier Tri-Services institution which epitomised the military academic excellence. Mr. Mukherjee said the DSSC was founded on the pillars of joint manship and military leadership.
• Sharif to raise Kashmir issue at UN
After the G20 and ASEAN summits, the war of words between India and Pakistan is set to reach the UN General Assembly in New York. Pakistan Prime Minister Nawaz Sharif made it known that he would raise at the UN the issue of India’s “excessive use of force” in the Kashmir valley. Mr. Sharif is scheduled to attend the general debate and address global leaders on September 21.
• AIR’s website & app for Baluchi audience
Public Sector Broadcaster All India Radio (AIR) is planning to launch a website & mobile app for its Baluchi service to reach Baluchi speaking people. The Baluchi website and mobile app is likely to be launched later this week. This comes after Prime Minister Narendra Modi’s Independence Day speech in which he had brought up the issue of Pakistani atrocities on people of Baluchistan and PoK.
• PM’s birthday is ‘Sewa Diwas
BJP president Amit Shah has called upon his party members to celebrate PM Narendra Modi’s birthday on September 17 as ‘Sewa Diwas’ or service day by participating in social work. Mr. Shah, said he too will participate in Swachch Bharat Abhiyan’s activity. Mr. Modi will distribute 11,000 pieces of equipment to physically challenged people at a programme organised by the Ministry of Social Justice.
• Nepal constitution: historic achievement
Arguing for a peaceful, stable and prosperous Nepal, visiting Prime Minister Pushpa Kamal Dahal “Prachanda” described the new constitution of his country as “historic”. He said that his government is deeply committed to development needs of Nepal and India. The Nepal PM arrived in Delhi on Thursday for his first official visit abroad since taking over in August.
• Modi’s birthday cake to set world record
Prime Minister Narendra Modi turns 66 today. By using a special tech feature on the NaMo people can wish Modi a happy birthday. A Surat-based bakery called Atul Bakery has prepared a birthday cake for PM that is all set to aim for Guinness World Record for being tallest pyramid cake. The cake honours PM’s efforts for women empowerment with campaigns like ‘Beti Bachao, Beti Padhao’.
• Congress loses Arunachal
On 16 september, 43 of the 44 Congress MLAs, including Chief Minister Pema Khandu, joined the People’s Party of Arunachal (PPA) in Arunachal Pradesh. PPA is a part of the North-East Democratic Alliance (NEDA), a BJP-led front. Just two months ago, Mr. Khandu and his group of Congress rebels had deserted the PPA and returned to the Congress to form the government.
• PM Launches Drinking Water Projects
PM Modi dedicated the water supply & irrigation projects worth of ` 4800 crore at Limkheda in tribal district of Dahod in Gujarat. PM has also handed over the forest land titles to the tribal people of Dahod. The programme was organised under the Gujarat Vanbandhu Kalyan Yojna. The water supply projects will provide drinking water to about 2.1 million people in 960 villages.
• Dadri Becomes Haryana’s 22nd District
Haryana CM Manohar Lal Khattar has announced to accord district status to Dadri, which is the biggest sub-division in Bhiwani district of the State. With this, the number of districts in the State will rise to 22. At present, Charkhi Dadri is part of Bhiwani, the state’s largest district carved out on Dec 22, 1972. The new district will have two Assembly constituencies — Dadri and Badhra.
• Brazil’s Lula to be Tried for Corruption
Brazil’s former president Luiz Inacio Lula da Silva will stand trial on corruption charges He served as president from 2003-11. He will face charges of accepting 3.7 million Brazilian rea is ($1.14 million) in bribes connected to a sweeping kickback probe at state-run oil company Petrobras. The decision may prevent Lula from making a political comeback in the 2018 presidential campaign.
• Race Course Road is Now Lok Kalyan Marg
India’s most famous address will no longer be 7, Race Course Road. The street in Delhi on which PM Modi lives has been renamed ‘Lok Kalyan Marg’. A decision to this effect was taken at a high-level meeting of the New Delhi Municipal Council. Once the notification is issued, the Prime Minister’s famous residential address 7 Race Course Road will be known as 7 Lok Kalyan Marg.
• National Council for Ganga Constitued
The Union Cabinet has approval the River Ganga (Rejuvenation, Protection and Management) Authorities Order, 2016. The approval envisages the setting up of the National Council for River Ganga (Rejuvenation, Protection and Management) (NCRG). The new body will act as an authority replacing the existing National Ganga River Basin Authority. The new body will be directly under the Prime Minister.
• Obama Honours Artists, Actors & Authors
President Obama honoured Mel Brooks & Morgan Freeman, among others for their contribution to the arts. They were part of a group of 12 who received the 2015 National Medal of Arts at White House. Other winners this year include composer Philip Glass, actress & singer Audra McDonald, author Sandra Cisneros & painter Jack Whitten. The award was created in 1984 for the purpose of honouring artists.
• Jordan’s Brotherhood Back in Parliament
Muslim Brotherhood in Jordan has made a return to parliament after winning 16 seats in the 130-member house. The Brotherhood’s Islamic Action Front contested polls after having boycotted two previous parliamentary elections. The voter turnout in this election has been recorded very low. The election came as Jordan is facing the burden of hosting hundreds of thousands of refugees.
• Obama Vetoes 9/11 Victims Bill
US President Obama has vetoed a bill that would allow families of 9/11 victims to sue the Saudi government. President Obama said the law would be detrimental to US national interests. Saudi Arabia foreign minister had warned that the bill could cause his govt to withdraw US investments. If the bill became law, it would allow victims’ families to sue any member of the government of Saudi Arabia.
• Vijay Kelkar Elected President of ISI
Former petroleum secretary Vijay Kelkar has been elected president of the prestigious Indian Statistical Institute (ISI). He succeeded former RBI governor C Rangarajan. He was elected at the general body meeting of the institute, which functions under the Ministry of Statistics & Programme. ISI is an academic institute of national importance as recognised by a 1959 act of the Indian parliament.
• President Releases Book by VP Ansari
President Pranab Mukherjee has released the book ‘Citizen and Society’ written by Vice President Mohammad Hamid Ansari. The book is a collection of lectures delivered by Hamid Ansari ranging from the role of women in a multicultural society to other dynamics of democratic nation. The PM also congratulated the Vice President for presenting his thoughts to the future generations through the book.
• Obama Opens New African American Museum
President Obama has opened the National Museum of African American History & Culture in Washington. It is an institution dedicated to the many threads of black suffering & triumph. The museum contains 36,000 items,ranging from trade goods used to buy slaves in Africa to a segregated railway car from the 1920s. Black veterans of the US Civil War first proposed an African-American museum in 1915.
• Court Upholds Ali Bongo’s Election Win
Gabon’s constitutional court has upheld President Ali Bongo’s re-election victory.It rejected an appeal by rival Jean Ping who had called for a recount over widespread allegations of fraud. The court said Bongo had taken 50.66 percent of the vote against 47.24 percent for Ping. Bongo’s family has ruled the central African oil producer for nearly a half century.
• India to Ratify Paris Agreement
PM Modi has announced that India would ratify the Paris climate deal on Oct 2, the birth anniversary of Mahatma Gandhi. The pact will come into force after it is ratified by at least 55 countries that account for 55% of global greenhouse gas emissions. India accounts for around 4.5% of the global greenhouse gas emissions. The Agreement asks countries to take action to curb the rise in temp.
• Ajay Singh Elected BFI President
Uttarakhand’s Ajay Singh was elected president of the Boxing Federation of India. Jay Kowli won the post of secretary-general in the new National federation. Ajay Singh, the Chairman and Managing Director of Spicejet Airlines was polled 49 out of the 64 votes cast & defeated Rohit Jain in the contest for the president’s post. Kowli polled 48 votes, ahead of Lenny D’Gama & Rakesh Thakran.
• Lee Chong Wei Bags Japan Open Title
Malaysia’s Lee Chong Wei won his sixth Yonex Open Japan Badminton title defeating third seed Jan O Jorgensen of Denmark. Lee, a silver medallist in the last three Olympics, triumphed 21-18, 15-21, 21-16 against the Dane. Lee also won the Japan Open in 2014, 2013, 2012, 2010 and 2007.In women’s singles, He Bingjiao of China won the title after defeating compatriot Sun Yu.
• Caroline Wozniacki Wins Pan Pacific Open
Former world No. 1 Caroline Wozniacki overpowered Naomi Osaka to win the Pan Pacific Open. She defeated Osaka 7-5, 6-3 to capture the title. This was Wozniacki first tournament victory since February 2015. She had secured her second Tokyo title and 24th of her career. The Pan Pacific Open is an outdoor hardcourt tennis tournament held annually in Tokyo, Japan
• Ashwin is Fastest Indian to take 200 Wickets
Indian Off-spinner Ravichandran Ashwin became the fastest Indian & second overall to take 200 wickets in Tests Match. He reached the milestone in his 37th Test. With this feat, Ashwin left behind the likes of Dennis Lillee and Waqar Younis, who took 38 Tests to get to 200 wickets. Only leg-spinner Clarrie Grimmett, the fastest to get to 200 wickets, achieved the feat in 36 Tests.
• MP govt launches smart classrooms
The Madhya Pradesh government has started smart virtual classrooms, for students of classes 6, 7, and 8; in 224 government schools.The initiative is aimed at creating classrooms with interactive audio-video and electronic whiteboards to create opportunities for better learning.The schools were chosen after the state education department conducted a survey.
• Afghanistan & India’s joint air corridor
Afghanistan is working with India to create a joint air corridor to enhance bilateral trade.This came after Pakistan’s intransigence in denying transit rights through its territory amid deteriorating ties with both the countries.Afghan President Mohammad Ashraf Ghani has said he discussed the creation of a joint air trade route with India during his recent visit to the country.
• Social Justice ministry’s MOU
Ministry of Social Justice and Empowerment signed MOU with National Safai Karmachari Finance and Development Corporation (NSKFDC). The MOU was signed by Smt. Anita Agnihotri, Secretary Deptt of Social Justice and Empowerment and Sh K Narayan, MD-NSKFDC. NSKFDC is targeting to disburse loans to the tune of approx. ` 175 crores for the persons of Safai Karmachari dept.
• Obama Names First Ambassador to Cuba
U.S. President Obama nominated career diplomat Jeffrey DeLaurentis as the nation’s first ambassador to Cuba in 55 years.DeLaurentis currently serves as the Chargé d’Affaires at the U.S. Embassy in Havana.President Obama & Cuba’s President Raul Castro have begun to reignite the diplomatic relations that were broken off in 1961.The U.S. has already relaunched commercial flights to the Cuba.
• Former Israeli PM Shimon Peres Dies
Former Israeli PM & president Shimon Peres has passed away.He was as one of the last of a generation of Israeli politicians present at the new nation’s birth in 1948.He served twice as the country’s prime minister & once as president.He was also the architect of Israel’s secret nuclear programme.He won the Nobel Peace prize in 1994 for his role negotiating peace accords with the Palestinians
• Congress Rejects Obama Veto of 9/11 Bill
The US Congress has voted to override President Obama’s veto of a bill that would allow families of 9/11 victims to sue Saudi Arabian officials. In the first veto override of his presidency, the Senate voted 97-1 & the House of Representatives 348-77, meaning the bill becomes law. The House & Senate unanimously passed the legislation, known as the Justice Against Sponsors of Terrorism (JASTA).
• Ujjwala Yojana Launched in J&K
J&K CM, Mehbooba Mufti & Union Minister of State for Petroleum & Natural Gas, Dharmendra Pradhan launched the Pradhan Mantri Ujjwala Yojana (PMUY) in the State. PMUY was launched by the Prime Minister in May 2016. Under PMUY, 5 crore LPG connections will be provided to BPL families across the country during the next three years. For J&K, a target of 35 lakh connections has been set under PMUY.
• Cabinet Decides to Ratify Paris Agmt
The Union Cabinet has decided to ratify the Paris Agreement on climate change. The decision was taken at a Cabinet meeting here presided over by PM Narendra Modi. PM Modi had announced during the BJP National Council meeting that India would ratify the 21st Conference of Parties (CoP) protocol. The Paris Agreement is an agreement within the United Nations Framework Convention on Climate Change.
• PM Inaugurates Sanitation Conference
PM Shri Modi inaugurated the INDOSAN (India Sanitation Conference) in New Delhi. PM said if people of the nation decide not to pollute their surroundings, our society & eventually our country will be cleaned. He emphasised that it is people who if once decide to maintain cleaniless, can make a difference. The conference is held for taking stock of the progress made under the Swachh Bharat mission.
• Centre Launches Progress Panchayat
Union Minority Affairs Minister Mukhtar Abbas Naqvi has launched Progress Panchayat in Mewat district of Haryana. It aims to reach out to the minority communities and publicize the various welfare measures taken by the NDA government for their betterment. The special outreach programme comes days after Prime Minister Narendra Modi’s remark about empowering a minority community.
• Cabinet Approves Dissolution of CIWTC
The Cabinet has approved dissolution of the Central Inland Water Transport Corporation Limited (CIWTC).The decision is part of the govt’s decision to revitalise sick CPSUs wherever possible or to wind up irretrievable cases.CIWTC was incorporated on Feb 22, 1967 under the Companies Act 1956 by the government.Its operations could never become viable as it incurred losses since its inception.
• Govt Launches Leprosy Detection Campaign
The Govt has launched the biggest Leprosy case detection campaign in the country.32 crore people, across 19 states and union territories, will be screened under the campaign. The objective is to detect the disease early so that those affected can be saved from physical deformity. Around three lakh teams will visit every house in their allotted area and screen all the family members for leprosy.
• Guj Gov Takes Additional Charge of M.P.
Gujarat Governor O P Kohli has took over the additional charge as Governor of Madhya Pradesh. Madhya Pradesh High Court Acting Chief Justice Rajendra Menon administered the oath of office to Kohli. He has assumed the charge of office a day after Ram Naresh Yadav demitted the office of MP Governor after completing his full five-year term. With this, Kohli has become the 26th Governor of M.P.
• SC admits Gujarat govt. petition
The Gujarat High Court had on August 4 quashed the Gujarat Unreserved Economically Weaker Sections (Reservation of Seats in Educational Institutions in the State and of Appointments and Posts in Services under the State) Ordinance, 2016. The Bench agreed to list the case before a three-judge Bench. The bench would eventually take a decision on further referring it to a five-judge Constitution Bench.
• SC will hear plea for judges appointment
Supreme Court will hear plea for judges appointment. The Supreme Court will hear a petition seeking for formation a public, transparent body for the appointment of judges to the apex court and high courts of the country. It will neither be controlled by the government nor the judiciary. A bench led by Chief Justice of India TS Thakur will hear the matter.
• Javadekar Launches PARAM-ISHAN
Union HRD Minister, Prakash Javadekar has launched PARAM-ISHAN super-computing facility at IIT Guwahati. Param-Ishan has the power of 250 Teraflops & three hundred tera bites capacity. It can be used in the application areas like computational chemistry, computational fluid dynamics & optimization, etc. It can be used for weather forecast, climate modelling and seismic data processing.
• List of 27 New Smart Cities Announced
Amritsar has topped the list of 27 new smart cities announced by the Minister of Urban Development Venkaiah Naidu. PM Modi Lok Sabha constituency Varanasi also made it to the list. The cities announced are from 12 States including 5 from Maharashtra, 4 each from TN & Karnataka, 3 from U.P. & 2 each from Punjab & Rajasthan. Nagaland & Sikkim have made it to the smart city list for the first time.
• ONGC Board Approves Taking Stake in GSPC
The Board of Oil & Natural Gas Corp has approved signing of a preliminary agreement for buying a stake in Gujarat government firm GSPC’s KG basin gas block. The MoU approved also incorporates a dispute resolution wherein any differences over issues would be referred to a three-member committee. It will have economist and former oil secretary Vijay Kelkar and former CVC P Shankar.
• Uzbekistan President Islam Karimov Dies
Uzbek President Islam Karimov has passed away.He was one of Asia’s most authoritarian leaders.He has been Uzbekistan’s sole leader since the collapse of the Soviet Union in 1992 & winning numerous elections, none of which have fulfilled international fairness criteria. He often justified his strong-arm tactics by highlighting the danger from Islamist militancy.
• Govt Notifies Apprenticeship Scheme
The Govt has notified National Apprenticeship Promotion Scheme. The Scheme has an outlay of ` 10,000 crore with a target of 50 Lakh apprentices to be trained by 2019-20.25% of the prescribed stipend payable to an apprentice would be reimbursed to the employers.The scheme also supports basic training, which is an essential component of apprenticeship training by sharing of basic training cost.
• Government Announces 5th Tranche of SGB
The Government will issue the fifth tranche of sovereign gold bonds on September 23.The bonds will be sold through banks, Stock Holding Corporation of India & designated post offices.The sovereign gold bond (SGB) scheme was launched in November 2015 as an alternative to physical gold.The aim of this scheme is to reduce demand, including through imports, for physical gold.
• Hurricane Hermine Hits Florida Coast
Hurricane Hermine has made landfall in northern Florida, becoming the first hurricane to hit the state since 2005. Hermine is the first hurricane to strike the state since Wilma hit south of Marco Island in southwest Florida in 2005. Hermine hit the Florida Gulf Coast as a category one hurricane, bringing with it a heavy storm surge. Governor Rick Scott has declared a state of emergency.
• Centre Approves Pava Shells
Union Home Minister has approved the use of chilli-based PAVA shells for crowd control measures.The Home Minister cleared the file for use of Pelargonic Acid Vanillyl Amide (PAVA) as an alternative to the pellet guns.PAVA shells are non-lethal & temporarily incapacitates the target and paralyses them for a few minutes.The shells actually contain an organic compound found in chillis.
• Newly Discovered Fish Named after Obama
Scientists have named a small maroon & gold fish species after the U.S. President Barack Obama.It was discovered 300 feet deep in the waters off Kure Atoll in the Pacific ocean. The fish was named in honour of Obama for his commitment to protecting nature. It was discovered in June this year during a research trip. Atolls ring-shaped reef, island, or chain of islands formed of corals.
• Govt Committee Says GM Mustard Safe
An environment ministry sub-committee on genetically modified mustard has said that the technology is safe for consumption.It does not raise any public health concerns for human beings and animals.The sub-committee was formed to re-evaluate the biosafety data of the DMH-11 (Dhara Mustard Hybrid 11).The nod is a critical step towards commercial release of genetically modified mustard.
• Govt. to issue promissory notes
The State government has decided to issue promissory notes to works contractors against their pending bills for discounting. The promissory notes will be issued under Sec 4 of the Negotiable Instruments Act, 1881, binding the government to make prompt payments. The State government has been forced to resort to this mechanism to pay contractors bill.
• Jawans to get climate-controlled outpost
The government’s plan to provide better working conditions to jawans guarding the border. Roofs covered with solar panels, recreation rooms, toilets with running hot water and other modern facilities will be provided. The BoP will keep the temperature inside at 20-22 degree celsius even if it is freezing outside.
• Gionee to Set Up Manufacturing Unit
Handset maker Gionee has signed an agreement with the Haryana government for setting up a manufacturing unit in the state. It will entail an initial investment of ` 500 crore in the state. The manufacturing unit will be set up over around 50 acres in Faridabad. Gionee plans to manufacture around six lakh mobiles per month from this facility.
• NTPC Entered into a Pact with EESL
State-run NTPC has entered into a pact with Energy Efficiency Services Ltd (EESL). The pact aims to implement energy efficient LED lighting solutions for all its projects, stations and offices across the country. The objective of the MoU is to enable EESL to provide end-to-end latest energy efficient LED lighting. EESL is a joint venture company of PSUs of Power Ministry,
• Centre Notifies BS-VI Emission Standards
The Centre has notified the Bharat Stage (BS)-VI emission standards for two-wheelers & four-wheelers from April 2020 throughout the country. The govt has decided to skip the BS-V norms & move to the BS-VI norms from BS-IV being followed now. BS emission standards are emission standards instituted by the govt to regulate the output of air pollutants from internal combustion engine.
• Indiabulls Housing Raises ` 1,330 crore
Indiabulls Housing Finance Ltd has raised ` 1,330 crore by issuing its first masala bonds to overseas investors. The three-year tenure rupee-denominated bonds were listed on the Singapore Exchange. The proceeds from the issue towards housing-finance business, The masala bonds are instruments through which Indian entities can raise funds by accessing overseas capital markets.
• Govt Starts Selection for New SEBI Chief
The government has initiated the process of appointing the next Chairperson of the Securities and Exchange Board of India (SEBI). Current SEBI Chairman UK Sinha’s term will come to an end in February 2017 after the government had given him a one-year extension. He had been appointed in 2011, had previously been given a two-year extension. The govt has offered a package of ` 4.5 lakh per month.
• Harsh Vardhan Launches ‘Ksheer Tester’
Union Minister Dr.Harsh Vardhan on the occasion of the 64th foundation day of Central Electronics Engineering Research Institute has launched the Ksheer Tester. The Ksheer Tester is a newly developed GPS-enabled version of the recently launched Ksheer Scanner to check adulteration in milk. The device would enable any person to track the location of the tested sample & receive results through SMS.
• Government Extend Stock Limits on Pulses
The government extended stockholding limits on traders of pulses, edible oils & oilseeds by one year till September 30, 2017. The decision aims to check hoarding and control price rise. Stockholding limits on traders of pulses, edible oils and oilseeds expires this month-end. Stockholding limits are imposed under the Essential Commodities Act in order to check hoarding & black marketing.
• Odisha Launches Biju Kanya Ratna Yojana
Odisha CM Naveen Patnaik has launched the ‘Biju Kanya Ratna Yojana’ (BKRY). The BKRY will create awareness on gender discrimination against girls. The state govt will spend ` 3.5 crore for the three-year planned scheme.The Yojana aims at providing elementary education to girls, provision of toilets for girls in every school & self defence training for girls.
• Odisha Govt Inks Lease Agreement
Odisha govt has signed a lease agreement with Falcon Marine Exports for operation of Jagatjore Shrimp Culture Project in coastal Kendrapara district.The Jagatjore-Banapada Shrimp Culture Project was executed by the State Fisheries Dept.The Project executed in 2000 had become defunct. Under the project, 405 ponds were allotted to 405 beneficiaries of lower income group.
• Govt to fix prices of essential items
Government will fix and notify the retail sale price of essential commodities such as pulses, sugar, milk and edible oils. The modification says, “If the retail sale price of any essential commodity is fixed and notified under the Essential Commodities Act, the same shall apply.” violation of packaged commodities rules can invite a fine of ` 5,000 and detaining of the entire stock.
• United Russia Win Parliamentary Election
The ruling United Russia party has won the parliamentary election. According to preliminary results, it gained fifty-one percent vote to extend its dominance in the lower house of parliament or Duma. President Putin has said the win shows voters still trust the leadership. In the last election for the Duma in 2011, United Russia won 49 percent of the vote.
• New Import Policy for Marble &Travertine
Union Government has notified the new import policy for marble & travertine blocks and marble & granite slabs. The new policy ends the quantitative restriction on the import. The Minimum Import Price (MIP) for marble blocks has been reduced to 200 US dollar per metric ton. The basic customs duty on import has been increased from 10% to 40% to address the interest of domestic producers.
• Cabinet Panel Approves Project Saksham
The Union Cabinet chaired by the PM Modi approved ‘Project SAKSHAM’. It is a new Indirect Tax Network (Systems Integration) of the Central Board of Excise and Customs (CBEC). Under the project, the CBEC’s existing IT systems will be integrated with the GST Network. The total project cost involved is ` 2256 crore which will be incurred over a period of seven years.
• OPEC Reaches Deal to Cut Oil Output
OPEC has agreed to cut its oil output for the first time since 2008. The Organization of the Petroleum Exporting Countries (OPEC) said the group would reduce output to 32.5 million barrels per day from current production of 33.24 million bpd. OPEC is an inter-governmental organization of 14 nations & headquartered in Vienna. OPEC member countries produce 40% of the world’s crude oil.

Current Events September 2016 – Sports

• Ashwin Slips to 3rd in ICC Test Rankings
Off-spinner R Ashwin dropped a rung to 3rd but remained the highest-placed Indian bowler.Ajinkya Rahane at 8th in the batsmen’s list of the latest ICC Test rankings. Rahane was the lone Indian in the top-10 of batting charts.South Africa pace bowler Dale Steyn stormed back to the number-one position rankings for Test bowlers. India stands 2nd in the list of test rankings team behind Pakistan.
• Walsh to Join Bangladesh as Coach
Former West Indies paceman Courtney Walsh has agreed a three-year deal to become specialist bowling coach with the Bangladesh team. He was the first bowler to take 500 test wickets & has worked as a West Indies selector since he retired as a player. He completes his assignment as a selector for the West Indies this month. He was named one of the Wisden Cricketers of the year in 1987.
• Sidhu Launches Awaaz-e-Punjab
Cricketer-turned-politician Navjot Singh Sidhu and Akali Dal MLA Pargat Singh, along with some other leaders have announced the launch of a political front, Awaaz-e-Punjab.The formal announcement of the modalities of the new party would be made in the next few days,The new front would work towards the interests of Punjab and its people.Sidhu had resigned in July from his Rajya Sabha seat.
• Maharashtra Bowler Makes History
Maharashtra cricketer Shrikant Mundhe created history by becoming the first Liverpool Competition Premier League bowler to take 10 wickets in an innings.The fast bowler bowled out Birkenhead Park club’s batting line-up with figures of 10-85 in 24.1 overs at Penrhyn Avenue in Rhos-on-Sea,Colwyn Bay.The 10-wicket haul took Mundhe’s season tally to 54 league wickets for the campaign so far.
• PM Announces ` 200 cr Package for Sports
PM Modi has announced a special package of ` 200 crore to engage youth of Jammu & Kashmir in constructive sporting activities.The package provides for construction of indoor sporting halls in all districts of the State.Two stadia of Srinagar & Jammu will be upgraded to the international standards.A special programme ‘Sports for AII’ is being implemented through J&K State Sports Council.
• Zaheer Made Honorary Life Member by MCC
Former pacer Zaheer Khan has been made an honorary life member of the Marylebone Cricket Club (MCC).He becomes the 24th Indian cricketer to be bestowed the honour.The list also includes the likes of Sunil Gavaskar and Sachin Tendulkar, who were inducted in previous years.MCC is a cricket club in London, founded in 1787 & it owns, and is based at, Lord’s Cricket Ground.
• Anand Pawar Enters Men’s Singles Final
Indian shuttler Anand Pawar has stormed into the men’s singles finals of Brazil Open Grand Prix Badminton 2016.Fourth seed Pawar defeated second seed Misha Jiberman of Israel 18-21, 21-14, 21-12 in the semi-finals. Pawar is the only Indian competing in the men’s singles competition.The Brasil Open is an international badminton tournament held annually in Brazil
• Sriram Balaji & Sasi Kumar Win Titles
Fifth seed Sriram Balaji subdued top seed Seong Chan Hong of Korea for the title in the ITF men’s Futures tennis tournament. Balaji also won the doubles title with Vijay Sundar Prashanth. In a similar tournament in Jakarta, Sasi Kumar Mukund won the title outplaying eighth seed Masato Shiga of Japan.It was the second singles title in the professional circuit for Sasi Kumar.
• S. Africa Announces Racial Quotas
Cricket South Africa (CSA) have put in place racial quotas for the national team across all three formats of the game in an effort to increase the number of black players in a sport.The national team will have include a minimum average of six black players.Quotas have been in place at provincial and franchise level for several years.The targets were ratified at CSA annual general meeting.
• S. Africa Announces Racial Quotas
Cricket South Africa (CSA) have put in place racial quotas for the national team across all three formats of the game in an effort to increase the number of black players in a sport.The national team will have include a minimum average of six black players.Quotas have been in place at provincial and franchise level for several years.The targets were ratified at CSA annual general meeting.
• Czech Gymnast Vera Caslavska Dies
Czech gymnast Vera Caslavska, her country’s greatest Olympian & a powerful voice in its struggle against Soviet occupation has died. She took seven golds in all at the 1964 Olympics in Tokyo & the 1968 Games in Mexico City.She also led the Czech Olympic Committee from 1990 to 1996. She won the Pierre de Coubertin Prize for promoting fair play and was also awarded the Olympic Order by the IOC.
• Aus Oldest Surviving Test Player Dies
Australia’s oldest surviving Test cricketer, Len Maddocks has passed away. He was a batsman and wicket-keeper & played seven Tests for Australia between 1954 and 1956. He also managed the Australian cricket team on its 1977 tour of England.He made his Test debut at his home ground, the MCG, against England in 1954-55.
• Rosberg Wins Italian GP
Mercedes driver Nico Rosberg has won the Italian Grand Prix. Rosberg cut Hamilton’s championship lead to two points with seven races remaining. Hamilton now has 250 points & Rosberg 248 with Singapore’s race the next destination. Hamilton finished second after a slow start gifted Rosberg the race. Ferrari’s Sebastian Vettel and Kimi Raikkonen crossed third & fourth, respectively.
• India A Wins Quadrangular Series
India A clinched the Quadrangular one-day cricket series, thrashing Australia by 57 runs in the final clash in Mackay, Australia. India A put up 266 for 4 in their 50 overs before bowling out the hosts for 209 in 44.5 overs. Mandeep Singh was the star of India’s batting performance with a 108-ball 95. The other two teams in the series were South Africa A & Australian National Performance Squad.
• Virat Kohli Retains No.2 in ODI Rankings
India’s Test captain Virat Kohli has retained his second spot in the latest One-day International (ODI) cricket batting rankings.Opener Rohit Sharma slipped a place to seventh.AB de Villiers of South Africa is the number-one ranked ODI batsman Kohli has 813 points, a fair distance behind South African AB de Villiers (887).
• Abhinav Bindra Announces Retirement
India ace Shooter Abhinav Bindra has officially announced his retirement.In Rio Olympics 2016, Bindra nearly missed a second Olympic medal by a whisker and came fourth.He was India’s one and only individual gold medallist at the games.He was awarded with the Rajiv Gandhi Khel Ratna Award & Padma Bhushan Award.
• Summer Paralympic Games 2016 Kick Off
15th Summer Paralympic Games kicked off in the Brazilian city of Rio de Janeiro.Over 4,300 athletes from 159 countries plus members of the international refugee team were taking part in the games.India is fielding its largest-ever contingent of 19 athletes who will feature in 10 disciplines.The Sports Ministry has announced that the Gold medallist Paralympians will be awarded 75 lakh rupees.
• ICC Withdraws Two-Tier Test Proposal
The ICC has withdrawn the proposal for a two-tier structure in Test cricket at the meeting of its chief executives’ committee (CEC) in Dubai. The BCCI, Sri Lanka,the Bangladesh & Zimbabwe Cricket had opposed the proposal. According to the proposal, the two-tier system would comprise seven teams in the top tier & five in the bottom, with promotion & relegation between the two based on performance.
• Bhaskar as New Delhi senior team coach
The Delhi and District Cricket Association has appointed former Delhi batsman KP Bhaskar as coach of the senior team while Vijay Dahiya has been put in charge of the Under-23 squad. Rajeev Vinaik has been appointed coach for the U-19 team while V Arvind will be his deputy for the upcoming season.
• Pankaj Advani wins historic bronze at WC
Pankaj Advani became the first cueist from India to win a medal at the prestigious Sangsom 6 Red Snooker World Championship. In the quarterfinals, the Indian received a walkover from Michael Holt who withdrew due to personal reasons. He settled for a bronze after losing the semifinal to Chinese Ding Junhui.
• Kerber wins US Open
Kerber won her first U.S. Open title and the second major trophy of an out-of-nowhere breakthrough season. She beat Pliskova by 6-3, 4-6, 6-4 in taking five of the last six games. Kerber, will move up one spot from No. 2 and replace Serena Williams atop the WTA rankings on Monday.
• Indians bag gold, bronze in Paralympics
It was celebration time for India as two of its athletes — Thangavelu Mariyappan (21) of Tamil Nadu and Varun Singh Bhati of Noida — scripted history winning the gold and bronze medals respectively. Both won the medals in the men’s high jump T-42 event at the Paralympics in Rio de Janeiro. Mariyappan jumped 1.89 metres, Bhati registered a personal best of 1.86 metres.
• N. Korea to conduct another nuclear test
North Korea is ready to conduct another nuclear test at any time. South’s military is on full combat-readiness to respond to “further nuclear tests, ballistic missile launches or land provocation” by the North. The North conducted its first nuclear test in October 2006 in the first tunnel and the last four tests in the second tunnel, according to Seoul’s defence ministry.
• Wawrinka wins U.S. Open
Wawrinka defeated Novak Djokovic by 6-7 (1), 6-4, 7-5, 6-3 for his first U.S. Open title and third Grand Slam trophy overall. The 31-year-old Wawrinka is the oldest U.S. Open men’s champion since Ken Rosewall was 35 in 1970. Wawrinka has won only five of his 24 career meetings against Djokovic.
• After LEMOA, it’s war games now
Indian and U.S. troops began to assemble for counter-terrorism exercises in Uttarakhand from Sept 14 to 27. This is the first military exercise after the two countries signed the Logistics Exchange Memorandum of Understanding (LEMOA). The bilateral exercise comes against the backdrop of Pakistani media reports that Pakistan and Russia will hold their first joint military exercise later this year.
• Devendra Jhajharia wins gold
Javelin thrower Devendra Jhajharia became the first Indian to clinch two gold medals at the Paralympics. Devendra, whose previous best was 62.15 metres (achieved in the 2004 Games), improved the mark with an attempt of 63.97 metres at the Olympic Stadium (Engenhao). India now have two gold, one silver and one bronze in the ongoing edition of the Games.
• 7 women get M.S. Subbulakshmi Awards
Dr. M.S. Subbulakshmi Centenary Awards were presented to seven of India’s most-respected women artistes in Mumbai. Vocalists Girija Devi, Kishori Amonkar, Aruna Sairam and Vishaka Hari; dancers Yamini Krishnamurthy and Vyjayantimala Bali; and Pandavani exponent Teejan Bai were presented with the honour. M.S. Subbulakshmi’s birth centenary celebrations began last year at the Shanmukhananda hall.
• Davis Cup: India-Spain encounters
After 51 years, India will be hosting Spain in New Delhi for a Davis Cup World Group play-off tie (elimination round) from September 16 to 18. Both last played against each other in an Inter Zonal final in 1965. The head-to-head record between India and Spain is 2-1. India is placed at 20th in the Davis Cup rankings while Spain is 14.
• India jump four places in FIFA rankings
The Indian football team jumped four places to be at 148th spot in the latest FIFA rankings released on Thursday, on the back of an impressive 4-1 win over higher-ranked Puerto Rico last week. India had beaten Puerto Rico 4-1 in an international friendly in Mumbai on September 3. India thus returned to top-150 for the first time since April 2015, when they were ranked 147th.
• Dhoni’s biopic set to be released
Dhoni’s biopic is set to be released on 30 September. He said he wanted the biopic to show his journey, the inherent struggles in “decision making processes” rather than “glorify him”. Dhoni focused that it is very important for parents and schools to push (their children) for sports and promote sports. That is how you will bring medals when its comes to games such as the Olympics.
• Davis Cup: Spain Beat India 5-0
In Davis Cup World Group Play-off tie, hosts India were routed by Spain 0-5. In the last match played. Ram kumar Ramanathan lost to David Ferrer in straight sets 6-2, 6-2. Earlier, in Marc Lopez defeated Sumit Nagal 6-3, 1-6, 6-3 giving Spain 4-0 lead. Rio Olympics Gold medal winning team of Rafael Nadal and Marc Lopez defeated Leander Paes and Saketh Myneni .
• Subhankar Pramanick Wins Gold at ISSF
Indian shooter Subhankar Pramanick has clinched the gold medal in 50-metre rifle prone event at the ISSF Junior World Cup for pistol, rifle and shotgun at Gabala in Azerbaijan. Sambhaji Patil bagged India’s second gold when he won the junior men’s 25-metre standard pistol. A total of 279 junior athletes, representing 27 countries, are battling it out in 18 events.
• Rio Paralympic Games End in Brazil
After 11 days showcasing 23 different sports, the 2016 Paralympics have ended in Rio. Brazilian officials handed over the flag to Tokyo for the 2020 Paralympic Games. China dominated the Rio Paralympics games with 239 medals, followed by Britain, Ukraine and the United States. India capped off a successful Paralympic Games campaign in Rio by procuring their best ever haul of four medals.
• Rosberg Wins the Singapore Grand Prix
Mercedes driver Nico Rosberg won his third successive race, by clinching a dominant victory in Singapore. This was also his 22nd career win and eight of the current season for Rosberg. Rosberg resisted Ricciardo by just 0.4 seconds to take a third successive victory. Daniel Ricciardo finishes second & Lewis Hamilton has to make do with third.
• Game of Thrones, Veep Take Top Honors
Fantasy drama “Game of Thrones” was honoured as the best drama at Emmy Awards. Veep was named best comedy series & its star, Julia Louis-Dreyfus, won a record-breaking fifth Emmy as best comedy actress. Jeffrey Tambor’s trophy as top comedy actor for Transparent. Indian-origin actor-writer-director Aziz Ansari & Alan Yang received the best writing for a comedy series honour for Master of None.
• Tuti Patriots Win Inaugural TNPL Title
Dinesh Karthk led the Albert Tuti Patriots won the inaugural 2016 Tamil Nadu Premier League title at Chennai. Tuti Patriots vanquished Chepauk Super Gillies by 122 runs in the inaugural edition of the India Cements-TNPL Twenty20 tournament. Ganesh Moorthi was adjudged Man-of-the-Final, N. Jagadeesan the Player-of-the-Tournament & M. Ashwin, the Most Valuable Player.
• India Name Hockey Squad for U18 Asia Cup
India has named an 18-member squad for the Under-18 Asia Cup hockey tournament to be held in Dhaka. Defender Nilam Sanjeep Xess has been named the captain & Hardik Singh will be his deputy. Both Sanjeep Xess and Hardik have been part of the junior team that won the EurAsia Cup earlier this year. Pankaj Kumar Rajak & Tanuj Gulia are the two goalkeepers in the squad.
• Rushiraj Wins Rapid Fire Pistol Gold
Rushiraj Barot won gold in the junior men’s 25m rapid fire pistol of the ongoing ISSF Junior World Cup in Azerbaijan. He had finished ninth in the same event in the first Junior World Cup of the year held in Suhl, Germany, in May. Pratik Borse, Arjun Babuta & Prashant won the team gold in the 10m air rifle event. India is on the fourth place on the medal table winning 6 gold, 4 silver & 8 bronze.
• Anup Kumar to lead India in Kabaddi WC
Star raider Anup Kumar from Haryana will lead India in next month’s Kabaddi World Cup to be held in Ahmedabad. All-rounder Manjeet Chillar will be Anup’s deputy. The tournament that is set to commence on Oct 7 & will feature 12 teams. The countries which will take part are Iran, South Korea, Bangladesh, USA, England, Australia, Poland, Thailand, Japan, Argentina, Kenya and hosts India.
• Sehwag Starts New Inning With US Insurer
US insurance firm State Farm has announced that Sehwag will be the face of its new campaign – “Here to help life go right”. He is the only batsman in history to have scored 7,500-plus runs in both Tests & ODIs as an opener. The only Indian to have twice been honoured as the Wisden Leading Cricketer. State Farm and its affiliates are the largest providers of auto, home & life insurance in the US.
• BCCI Names MSK Prasad as Chief Selector
Former India wicketkeeper MSK Prasad was appointed as the chief selector by the Board of Control for Cricket in India (BCCI). He was appointed as the latest chief selector at the BCCI’s 87th Annual General Meeting (AGM), in Mumbai. He represented India in six Tests and 17 ODIs. Other members include Jatin Paranjpae, Devan Gandhi, Gagan Khoda and Sarandeep Singh.
• Niti Aayog Action Plan to Secure Medals
Niti Aayog has devised a short-term & medium-to-long term action plan to help India achieve 50 medals in 2024 Olympics. In its action plan for revitalising sports, Niti Aayog said India still does not have a conducive environment for sports. The short-term vision (4-8 yrs) envisages targeting a group of priority sports. While the medium to long term will focus on identifying talent at a young age.
• BPCL Lifts Title of Obaidullah Khan Cup
The Bharat Petroleum Corporation Ltd-BPCL won the title of the Obaidullah Khan Heritage Cup Hockey Tournament. The team defeated Railways by 3-0 in the final played at Aishbagh Stadium in Bhopal. The match was decided by penalty shoot-outs as both the teams scored one goal each till the end of prescribed time. Air India got the third place in the Tournament.
• Dhoni’s Biopic Becomes Tax-Free
The upcoming biopic “MS Dhoni: The Untold Story” on cricketer Mahendra Singh Dhoni has been declared tax-free in his home state Jharkhand. The Jharkhand government waived entertainment tax for the biopic on Dhoni. Dhoni was born in Ranchi and that is where his journey began. The biopic shows how coaches, mentors &friends inspired young Dhoni to become an ace cricketer.
• Japan to Host 2026 Asian Games
Japan’s Aichi prefecture and its capital city Nagoya were confirmed as co-hosts of the 2026 Asian Games. Japan has hosted the Asian Games twice before, at Tokyo in 1958 & Hiroshima in 1994. Asian games 2018 have already been awarded to the Indonesian cities of Jakarta & Palembang. The 2022 edition will be held in the Chinese city of Hangzhou. The Asian Game, also known as ‘Asiad’, is held every 4 years.
• Sania & Barbora Lift Toray Pan Trophy
India’s Sania Mirza & her Czech partner Barbora Strycova lifted the Toray Pan Pacific Open trophy in Tokyo. They posted a comfortable straight-set win over unseeded Chinese pair of Chen Liang & Zhaoxuan Yang 6-1, 6-1 in the final of the women’s doubles event. This is Sania and Strycova’s second title in three tournaments since they have paired together.
• Ritu Rani Retires from Hockey
Former Indian women’s hockey captain Ritu Rani has retired from international hockey. She was controversially dropped from the team for the Rio Olympics citing attitude issues. It was under Ritu’s captaincy that the Indian women’s team qualified for the Rio after a gap of 36 years. It was also under her captaincy that the national team had won a bronze medal at the 2014 Incheon Asian Games.
• Maruti Launches Alto Special Edition
Maruti Suzuki India has launched ‘MS Dhoni inspired’ special edition of the Alto small cars. The special editions of Alto800 & AltoK10 cars are part of the carmaker’s association with the upcoming movie ‘M S Dhoni – The Untold Story’. It is based on the life of M S Dhoni. The special edition Alto has Dhoni inspired sporty seat covers with number “7”, MS Dhoni signature decal among others.
• China’s Huge Telescope Begins Testing
The world’s largest radio telescope, which has been built in China is beginning an intensive testing phase. The giant dish, which measures 500m (1,640 ft) across is complete. It will now take three years to calibrate the instrument so it can become fully operational. The radio telescope has been an ambitious project for the National Astronomical Observatories of China.
• India Beat New Zealand in Kanpur Test
India notched up a mammoth 197-run win in their historic 500th cricket Test at Kanpur, U.P. Ravichandran Ashwin claimed 6-132 to complete his 10-wicket match haul. The Kiwis struggled to negotiate a slow track, which offered turn & bounce. With this win, India have taken their unbeaten tally on home soil to 11 matches. NZ have remained without a win on the Indian soil since 1998.
• US Golf Legend Arnold Palmer Dies
US golfer Arnold Palmer, viewed as one of the greatest players in the sport’s history, has died. He started to play golf at age 4 and began his professional career in 1954. He won more than 90 golf tournaments, including the Masters four times, the U.S. Open in 1960, and the British Open in 1961 and 1962. He became the first person to make $1 million playing golf.
• India wins medal in Asian Beach Games
India opened their medal account in the 5th Asian Beach Games as Pinky Balhara bagged a bronze in kurash.Balhara won the bronze in women’s 52kg category after she lost to Nguyen Thi Thanh Thuy of Vietnam in the semifinals.Kurash is a form of wrestling that originated in Uzbekistan.India had sent a contingent of 208 members to participate in the Asian Beach Games.
• Arvind Mani sets 200m backstroke record
Arvind Mani made record in 200m backstroke on the third day of the 70th Glenmark National aquatics championship at the V.B.B. Stadium. The 20-year-old Karnataka swimmer clocked 2:05.46s to break Rohit Havaldar’s three-year-old record of 2:06.23s. Rio Olympians Sajan Prakash and Shiwani Kataria also scripted National records, in men’s 100m butterfly and the women’s 200m freestyle.
• Sania holds on to No. 1 ranking
Sania Mirza continued at No.1 in the latest WTA women’s doubles ranking, following her recent victory in the Pan Pacific Open in Tokyo with Barbora Strycova. Sania (9,730 points) is only five points ahead of ex-partner Martina Hingis (No. 2). Among the men, Saketh Myneni at No. 138, is India’s highest ranked singles player.
• Swachh Bharat AV campaign launched
Ministry of Drinking Water and Sanitation’s minister Shri Narendra Singh Tomar launched a national audio-visual campaign for the Swachh Bharat Mission. The advertisements launched feature Swachh Bharat official brand ambassadors, Shri Amitabh Bachchan and Shri Sachin Tendulkar. The ministry has fully galvanised its IEC and BCC mechanisms to make the advertisements increasingly people centric.
• BRICS U- 17 Football Tournament Logo
The First BRICS U-17 Football Tournament will be held in Goa in October 2016. A Government of India initiative, this Tournament will be played among the five BRICS countries namely Brazil, Russia, India, China and South Africa. Union Minister of State (Independent Charge) for Youth Affairs and Sports, Shri Vijay Goel launched the BRICS U-17 Football Tournament Logo.
• Sathiyan Gnanasekaran Wins Belgium Open
Sathiyan Gnanasekaran has become only the second Indian table tennis player to win an ITTF event as he clinched the men’s singles title of the Belgium Open. Sathiyan won his first pro title by defeating local player Nuytinck Cedric 4-0 in the final at De Haan in Belgium.Achanta Sharath Kamal is the first Indian to win an ITTF event in 2012. In the quarterfinals, he defeated Steffen Mengel.
• Slum Soccer Wins FIFA’s Diversity Award
Indian NGO Slum Soccer won the inaugural FIFA Diversity Award.The Indian NGO pipped International Gay & Lesbian Football Association to win the award.Slum Soccer uses football to connect individuals & work towards improving the living conditions of marginalized. The Diversity Award is part of FIFA’s overall strategy to reinforce its fight against discrimination & promote diversity in football.
• Indian Women’s Kabaddi Team Wins Gold
India bagged their first gold medal at the 5th Asian Beach Games with the women’s beach kabaddi team. Women’s team won the title for the record fifth time in succession in Danang,Vietnam. Indian beat Thailand 41-31 in a hard-fought summit clash. The Indian women’s kabaddi team had been winning the gold since the inception of the biennial Games in 2008.
• Official Emblem of FIFA U-17 WC Unveiled
The Organising Committee of the FIFA U-17 World Cup India 2017 has unveiled the official emblem. The ceremony held in Goa was attended by Fifa President Gianni Infantino. It is shaped like the World Cup trophy, the emblem combines the global look of the beautiful game with a quintessentially Indian feel. The FIFA U-17 WC India 2017 will happen in six venues across the country.
• Ashwin at No. 2 in ICC Test Rankings
India off-spinner R Ashwin gained a place to be second in the latest ICC Test Rankings. He overtook England’s James Anderson by one point. Ashwin’s match haul of 10 for 225, that helped India notch a 197-run victory in the first Test. He is now within seven points of number-one ranked Dale Steyn. Ravindra Jadeja too gained a spot in the rankings and is now placed 7th.
• Ex-Australian Cricketer Max Walker Dies
Former Australian cricketer Max Walker, whose awkward and unorthodox bowling action earned him the nickname ‘Tangles’ passed away. He played 34 Tests between 1972 & ‘77, taking 138 wickets at an average of 27.47. He also took 20 wickets in 17 one-day internationals from 1974-81. In 2011, he was made a Member of the Order of Australia for services to cricket and for his social work.
• PM Unveil Trophy for BRICS Football Meet
PM Modi unveiled the trophy for BRICS U-17 football tournament, scheduled to be held in Goa from Oct 5 to 15. The PM reiterated the Nation’s commitment to ‘sports for all’. The tournament aims at taking the ongoing interaction and cohesion amongst the BRICS nations to a new level of exchange. The ceremony was attended by Ambassadors and High Commissioners of BRICS nations and other dignitaries.
• Sachin as Brand Ambassador for Kerala
Legendary Cricketer Sachin Tendulkar has been appointed as brand ambassador for anti- liquor and drug campaign by the Kerala government.This was part of the government’s move to create awareness among people against alcoholism & drug in the state.The Kerala government was for restriction of alcohol use gradually.De-addiction centres would be opened in district level.
• Stage Set as Paralympic Games Begin
The Rio 2016 Paralympic Games will begin today in Rio, Brazil.Around 4,350 athletes from more than 160 countries will compete in 22 different sports.Of the total number of athletes set to take part, approximately 1,650 will be women. Canoe and triathlon will be included in the Games for the first time in Rio.The Indian contingent, largest-ever from the country, comprises of 18 athletes.
• India shines at Rio Paralympics
At 2016 Rio Paralympics, Mariyappan Thangavelu won the gold medal while compatriot Varun Singh Bhati clinched the bronze in the men’s high jump T-42 event. The 20-year-old Thangavelu made a leap of 1.89m, while Bhati jumped his personal best of 1.86m to finish third. T-42 is a disability classification in the sport for differently-abled track-and-field athletes with single ‘above the knee’.
• Deepa Malik wins silver in shot put
India’s Deepa Malik created history by becoming the first-ever woman from the country to win a medal at the Paralympics. She bagged a silver in the shot put F-53 event in Rio de Janeiro. Deepa’s best throw of 4.61m from her six attempts was enough to clinch the silver medal. India, thus, now have secured three medal from the Rio Paralympics.
• Velavan Wins Asian Junior Squash Title
India’s emerging player Velavan Senthilkumar bagged the Under-19 Asian Junior Individual squash championship title in Kuala Lumpur, Malaysia. He beat Jordan’s Mohammad Al-Sarraj 12-14, 9-11, 11-6, 11-8, 11-7 to claim the title. He is the second Indian to win the title after Ravi Dixit in 2010. Also, Tushar Shahani won the boys’ u-17 silver & Yash Fadte, a u-15 bronze.

Current Events September 2016 – Education

• RIL to Create a ` 5,000 crore Fund
Reliance Jio has set aside a ` 5,000 crore venture capital fund to help young entrepreneurs in the country build their business.Jio Digital India Startup Fund will be invested over next five years.The announcement was made at the company’s 42nd annual general meeting. The fund will be used to develop and fund new businesses across sectors such as agriculture, education, health & e-commerce.
• IRDAI Extends Revival Option for ULIPs
The Insurance Regulator, IRDAI, has said that policyholders will be able to revive unit-linked insurance plans (ULIPs) even two years after the policy has lapsed.The earlier regulation insisted on payment within 90-days, following which the ULIP would lapse.Unit Linked Insurance Plans(ULIP) offer an opportunity of availing market linked return while providing life insurance protection.
• Alka Sirohi Appointed UPSC Chairman
Former IAS officer Alka Sirohi has been appointed as chairman of Union Public Service Commission (UPSC). Sirohi is a retired IAS officer of Madhya Pradesh cadre. She will be replaced by Deepak Gupta. The Centre had in November 2014 appointed Gupta as the UPSC chief. The Commission is headed by a chairman and can have a maximum of 10 members.
• Telangana Inks MoU with ISRO
The Telangana government has signed a MoU with the Indian Space Research Organisation (ISRO) to improve services of its educational channel ‘Mana TV’. The MoU was inked by officials of the Dept of IT, Electronics & Comm of the state govt, & ISRO’s Development & Educational Communication Unit (DECU). The state govt & DECU will work together to create & disseminate educational content.
• CIL& ICFRE Signs MoU
Coal India Limited (CIL) & Indian Council of Forestry Research and Education (ICFRE) signed an MoU for effectively monitoring of environment related issues in the coal mining projects.The MoU will also help in improving the rehabilitation & reclamation of the mined out areas.The MoU covers assessment & eco restoration activities.This arrangement would help CIL in proper compliance & monitoring
• Cornell Welcomes Youngest Ever Student
A 12-year-old Jeremy Shuler has just started his first semester at Cornell University.He’s the youngest student on record to attend the Ivy League school.He was reading books in English & Korean by age 2 & studying calculus at 6. He passed SATs & Advanced Placement tests at 10, earning college credit in 7 subjects.Cornell is a leading institution of higher learning located in Ithaca, New York.
• WHO Declares Sri Lanka Malaria-Free
The World Health Organisation has certified that Sri Lanka is a malaria-free nation. Sri Lanka had begun an anti-malaria campaign that successfully targeted the mosquito-borne parasite that causes the disease,not just mosquitoes. Health education & effective surveillance also helped the campaign. Sri Lanka is the second country in the WHO South-East Asia Region to eliminate malaria after Maldives
• Workshop for MPs on new education policy
Human Resource Development minister Prakash Javadekar will organise a workshop for all members of Parliament to offer their suggestions on the new education policy. The government has also sought comments from MPs on a 40-odd page text uploaded on the website. The consultation with members of Parliament apart, the government has invited suggestions from citizens till September 30, 2016.
• Oxford Tops in Leading University List
Oxford has topped the list as the world’s leading university in the latest Times Higher Education world rankings index. It was followed by the California Institute of Technology, Stanford & Cambridge. The United States had 63 institutions in the top 200, while the UK had 32. Indian Institute of Science of Bengaluru has been placed in the rank segment of 201 to 250.
• Sun Pharma signs deal for dengue vaccine
India’s largest pharmaceutical company, Sun Pharma has signed a deal with International Centre for Genetic Engineering and Biotechnology to develop a dengue vaccine.This would be the first time a vaccine developed entirely in India for a vector-borne disease has been advanced for clinical development in India.This year it was integrated into India’s Universal Immunisation Programme.