Daily Current Affairs Updates–25th January 2017:
Daily Current affairs News Updates about the National and International events were listed here. Candidates those who are preparing for IBPS/SBI/PO/Clerk exam and all other competitive exams can use this.
25th January is celebrated as National Voters' Day throughout India every year. The date was declared as the National Voters' Day in the year 2011 as the Election Commission of India was founded on 25 January 1950. The day aims at increasing the enrolment of voters, especially encourage participation of newly eligible young voters and ensure universal adult franchise
The Animal Welfare Board of India has moved the Supreme Court challenging Tamil Nadu's new Act allowing the traditional bull-taming sport Jallikattu. The plea challenges the Bill on grounds of cruelty to animals and violation of animal rights. The court has listed the matter for January 30 along with the Centre's plea for withdrawing the 2016 notification on Jallikattu.
The Chief Ministers' panel on digital payments on Tuesday recommended levying a banking cash transaction tax on transactions of Rs.50,000 and above. The panel also recommended the abolition of merchant discount rate to make digital payments cheaper than cash. The panel's other recommendations include tax incentives for micro ATMs, biometric sensors and tax refund for consumers using digital payment
Jal Devi, who is 95 years old, has filed her nomination papers for the upcoming UP Assembly election and has vowed to root out corruption. "My agenda remains to weed out corruption and ensure smooth functioning in the constituency," she said. She will be contesting as an independent candidate from Agra’s Kheragarh, a seat currently held by a BSP candidate.
While the formal rendition of 'Jana Gana Mana', which is written in Bengali Sanskrit, takes 52 seconds, a shorter version takes approximately 20 seconds. The shorter version includes the first and last lines of the National Anthem and is played on certain occasions. Composed by Rabindranath Tagore, 'Jana Gana Mana' was officially declared India's National Anthem on January 24, 1950.
The Pune Police has started using a mobile application to map the real-time locations of patrolling teams from police stations on an experimental basis. The app, called Beat Marshall Monitoring Mobile App, will be installed on cell phones of patrolling cops. The app would make the dispatch of patrolling parties easier in times of emergency.
The second successful test of the Guided Pinaka rocket was conducted on Tuesday from the Integrated Test Range at the APJ Abdul Kalam island off the Odisha coast. The range of this rocket was increased from 40 km to 70 km and it also has an improved accuracy of 500 m. Pinaka's first test flight was conducted on January 12
Government says it has not yet taken any final view on the recommendations of the Committee of Chief Ministers on Digital Payments. Finance Ministry issued a statement to this effect today.
American technology major Microsoft has reinstated the role of Chief Technology Officer for the first time in 17 years and appointed LinkedIn's Senior Vice President of Infrastructure, Kevin Scott, to the position. Scott will remain a part of LinkedIn’s team in his new role, while reporting directly to CEO Satya Nadella. Prior to LinkedIn, Scott had worked at Google
Party game maker Cards Against Humanity has offered former US President Barack Obama a job as its CEO in a job posting. The listing calls for "experience hunting terrorist masterminds" and ideally, a Nobel Peace Prize. Music streaming startup Spotify had also offered Obama a job as its 'President of Playlists' after he created a popular music playlist.
Nepal government has announced a plan to provide insurance cover to Nepalese workers going to India and double the insurance cover for those going to other work destinations.
Private sector lender HDFC Bank on Tuesday reported its lowest-ever quarterly profit growth of 15% at Rs.3,865 crore for the December quarter. The slow growth was attributed to the government's decision to demonetise high-value currency. Notably, the lender had consistently delivered 30% profit growth for more than 32 quarters without a break till about two years ago.
Banking major HSBC has said it plans to close 117 branches and 380 roles in UK this year due to customers increasingly conducting banking through Internet and mobile phones. HSBC said the number of customers using branches has fallen by 40% over last five years. Notably, 200 of the cut jobs will be transferred to India and China, among others.
The RBI may extend deadline for reduced Merchant Discount Rate (MDR) charges at petrol pumps to promote digital transactions, Oil Minister Dharmendra Pradhan said. "It is up to RBI how long they will extend that model of MDR," he said. Earlier, RBI slashed MDR charges on card payments and cut levies on online transactions from January 1-March 31
Government clarified that Co-operative Banks are not authorised to accept deposits under the Pradhan Mantri Garib Kalyan Deposit Scheme (PMGKDS). The scheme allows assessees to disclose previously unaccounted and undeclared income under its ambit.
Telecom major Bharti Airtel’s consolidated net profit for December quarter fell by around 55% to Rs.504 crore, against the year-ago period. The fall was attributed to a tariff war due to Reliance Jio’s entry leading to a sharp fall in money earned per customer. Notably, Airtel had over 36 crore customers overall as on December 31, 2016.
Bilateral trade between the UAE and India accounted for US$ 17 billion during the first half of 2016. The two countries are aspiring to increasing trade by 60 percent to US$ 100 billion, reaching US$ 368 billion by 2020. UAE's imports from India rose to US$ 11 billion in the first half of 2016, while non-oil exports to India reached 6 billion during the same period.
Apple Inc today indicated to the government that it is ready with a blueprint to begin manufacturing iPhones in India, but wants fiscal concessions, including Customs duty waiv
Google has started testing 'Instant Apps' that can be used without downloading over half a year after first announcing the feature. Apps are broken into very small packets that can run almost instantly by tapping on a URL. The limited test by Google includes apps from BuzzFeed and live video streaming startup Periscope.
Japan on Tuesday launched its first military communications satellite to quadruple the broadband capacity of the country's self defence forces and allow communications across a larger part of the territory. This comes amid concerns over increased Chinese military activity in the East China Sea while Japan and China remain locked in a territorial dispute over a group of uninhabited islands.
India and the UAE today inked 14 agreements in various areas including in defence, maritime transport, comprehensive strategic partnership, shipping, agriculture and allied sector, trade, oil storage and management, energy efficiency, road transport and highways and prevention and combating human trafficking
Former Indian cricketer Rahul Dravid will be awarded an honorary doctorate by the Bangalore University during the university's 52nd annual convocation which will be held on January 27. The 44-year-old was earlier awarded an honorary doctorate by Karnataka's Gulbarga University in 2014. Notably, Dravid's mother was a professor at Bangalore University's Visvesvaraya College of Engineering.
Flipkart's new CEO Kalyan Krishnamurthy is left with just three senior leaders to steer the day-to-day operations after two more senior executives quit Flipkart this week. The two engineering heads, Hari Vasudev and Ashish Agrawal, join three others who quit Flipkart earlier this month. At least 12 leaders at the second-highest executive rank have quit Flipkart over the past year.
DAYS TO REMEMBER:
National Voters' Day : 25th January
National Voters' Day : 25th January
25th January is celebrated as National Voters' Day throughout India every year. The date was declared as the National Voters' Day in the year 2011 as the Election Commission of India was founded on 25 January 1950. The day aims at increasing the enrolment of voters, especially encourage participation of newly eligible young voters and ensure universal adult franchiseNATIONAL:
Jallikattu Bill passed by TN Govt is opposed by Animal Welfare Board in SC :
Jallikattu Bill passed by TN Govt is opposed by Animal Welfare Board in SC :
The Animal Welfare Board of India has moved the Supreme Court challenging Tamil Nadu's new Act allowing the traditional bull-taming sport Jallikattu. The plea challenges the Bill on grounds of cruelty to animals and violation of animal rights. The court has listed the matter for January 30 along with the Centre's plea for withdrawing the 2016 notification on Jallikattu.State : Tamil Nadu
Capital: Chennai
Chief minister : O. Panneerselvam
Governor :C.Vidyasagar Rao(additional charge)
Cash transaction over Rs.50k should be taxed recommends by Govt panel :
The Chief Ministers' panel on digital payments on Tuesday recommended levying a banking cash transaction tax on transactions of Rs.50,000 and above. The panel also recommended the abolition of merchant discount rate to make digital payments cheaper than cash. The panel's other recommendations include tax incentives for micro ATMs, biometric sensors and tax refund for consumers using digital paymentJal Devi a 95-year-old candidate to contest UP assembly polls :
Jal Devi, who is 95 years old, has filed her nomination papers for the upcoming UP Assembly election and has vowed to root out corruption. "My agenda remains to weed out corruption and ensure smooth functioning in the constituency," she said. She will be contesting as an independent candidate from Agra’s Kheragarh, a seat currently held by a BSP candidate.State : Uttar Pradesh
Capital: Lucknow
Chief Minister : Akhilesh Yadav
Governor: Ram Naik
Shorter version of National Anthem 'Jana Gana Mana' Approx 20 secs :
While the formal rendition of 'Jana Gana Mana', which is written in Bengali Sanskrit, takes 52 seconds, a shorter version takes approximately 20 seconds. The shorter version includes the first and last lines of the National Anthem and is played on certain occasions. Composed by Rabindranath Tagore, 'Jana Gana Mana' was officially declared India's National Anthem on January 24, 1950.New mobile app to map locations of patrolling teams launched by Pune cops
The Pune Police has started using a mobile application to map the real-time locations of patrolling teams from police stations on an experimental basis. The app, called Beat Marshall Monitoring Mobile App, will be installed on cell phones of patrolling cops. The app would make the dispatch of patrolling parties easier in times of emergency.State: Maharashtra
Capital: Mumbai
Chief Minister : Devendra Fadnavis
Governor : C Vidyasagar Rao
2nd testing of Guided Pinaka missile ends Sucessfully :
The second successful test of the Guided Pinaka rocket was conducted on Tuesday from the Integrated Test Range at the APJ Abdul Kalam island off the Odisha coast. The range of this rocket was increased from 40 km to 70 km and it also has an improved accuracy of 500 m. Pinaka's first test flight was conducted on January 12Govt to carefully examine CM panels BCTT recommendations :
Government says it has not yet taken any final view on the recommendations of the Committee of Chief Ministers on Digital Payments. Finance Ministry issued a statement to this effect today.The media has reported various aspects of the recommendations made by the Committee, including the recommendation relating to levy of Banking Cash Transaction Tax on transactions of 50,000 rupees and above.
INTERNATIONAL:
After 17 years Microsoft reinstates the role of CTO :
After 17 years Microsoft reinstates the role of CTO :
American technology major Microsoft has reinstated the role of Chief Technology Officer for the first time in 17 years and appointed LinkedIn's Senior Vice President of Infrastructure, Kevin Scott, to the position. Scott will remain a part of LinkedIn’s team in his new role, while reporting directly to CEO Satya Nadella. Prior to LinkedIn, Scott had worked at GoogleCompany : Microsoft
Headquarters: Redmond, Washington, United States
CEO : Satya Nadella
Obama has offered a CEO job in card game company
Party game maker Cards Against Humanity has offered former US President Barack Obama a job as its CEO in a job posting. The listing calls for "experience hunting terrorist masterminds" and ideally, a Nobel Peace Prize. Music streaming startup Spotify had also offered Obama a job as its 'President of Playlists' after he created a popular music playlist.Insurance coverage offered for worker from Nepal to India by Nepal Govt :
Nepal government has announced a plan to provide insurance cover to Nepalese workers going to India and double the insurance cover for those going to other work destinations.Unveiling the scheme in Kathmandu yesterday, Prime Minister Pushpa Kamal Dahal said the plan is aimed at providing better social security to migrant workers, more importantly to the families of those killed and injured in their work destinations. The decision will benefit around 5 million Nepalese working in more than 110 work destinations recognised by the government.
Country : Nepal
Capital : Kathmandu
Currency: Nepalese rupee
Prime minister: Pushpa Kamal Dahal
President: Bidhya Devi Bhandari
BANKING NEWS
HDFC Bank's profit growth falls to lowest-ever at 15% on note ban
Private sector lender HDFC Bank on Tuesday reported its lowest-ever quarterly profit growth of 15% at Rs.3,865 crore for the December quarter. The slow growth was attributed to the government's decision to demonetise high-value currency. Notably, the lender had consistently delivered 30% profit growth for more than 32 quarters without a break till about two years ago.Bank : HDFC Bank
CEO: Aditya Puri
Headquarters: Mumbai
Slogan : We Understand Your World
On effect of increased online banking 117 branches of HSBC to be closed
Banking major HSBC has said it plans to close 117 branches and 380 roles in UK this year due to customers increasingly conducting banking through Internet and mobile phones. HSBC said the number of customers using branches has fallen by 40% over last five years. Notably, 200 of the cut jobs will be transferred to India and China, among others.Bank : HSBC
CEO:António Pedro dos Santos Simões
Headquarters:London, United Kingdom
Slogan : World's Local Bank
Deadline on less surcharge at petrol pumps to be extended by RBI: Govt
The RBI may extend deadline for reduced Merchant Discount Rate (MDR) charges at petrol pumps to promote digital transactions, Oil Minister Dharmendra Pradhan said. "It is up to RBI how long they will extend that model of MDR," he said. Earlier, RBI slashed MDR charges on card payments and cut levies on online transactions from January 1-March 31Organization : Reserve Bank of India
Headquarters: Mumbai
Governor: Urjit Patel
Governor: Urjit Patel
Deposits under PMGKY could not be done by Cooperative banks : Govt
Government clarified that Co-operative Banks are not authorised to accept deposits under the Pradhan Mantri Garib Kalyan Deposit Scheme (PMGKDS). The scheme allows assessees to disclose previously unaccounted and undeclared income under its ambit.The PMGKDS permits voluntary declarations of previously undisclosed income with an effective tax rate of 50% and requires assessees to deposit a further 25% of such wealth into a four-year interest-free deposit. The scheme was launched on 17th of last month and will remain open for declarations upto 31st March this year.
3qtr net profit raises 670% to Rs 373.47 Crore for Indian Bank
Public sector Indian Bank has registered a 670 per cent rise in its third quarter net profits ending December 31, 2016, to Rs 373.47 crore.
The Chennai-headquartered bank had registered net profits at Rs 48.47 crore in the corresponding period of the previous year.
Bank : Indian Bank
MD & CEO: Mahesh Kumar Jain
Headquarters: Chennai
Slogan : Your own Bank
BUSINESS AND ECONOMY
On entry of Reliance Jio, the profit of Airtel falls 55% :
Telecom major Bharti Airtel’s consolidated net profit for December quarter fell by around 55% to Rs.504 crore, against the year-ago period. The fall was attributed to a tariff war due to Reliance Jio’s entry leading to a sharp fall in money earned per customer. Notably, Airtel had over 36 crore customers overall as on December 31, 2016.Bilateral trade of US$ 17 billion done in 1st half of 2016 between India & UAE
Bilateral trade between the UAE and India accounted for US$ 17 billion during the first half of 2016. The two countries are aspiring to increasing trade by 60 percent to US$ 100 billion, reaching US$ 368 billion by 2020. UAE's imports from India rose to US$ 11 billion in the first half of 2016, while non-oil exports to India reached 6 billion during the same period.India is the UAE's second largest trading partner after China. The UAE, on the other hand, is the largest Arab investor in India and the 11th foreign investor, in terms of Foreign Direct Investments (FDIs). The total value of Emirati investments in India was estimated at US$ 9 billion in 2015.
Country : United Arab Emirates (UAE)
Capital : Abu Dhabi
Currency: United Arab Emirates dirham
President: Khalifa bin Zayed Al Nahyan
Blueprint for manufacturing unit in India prepared by Apple Inc
Apple Inc today indicated to the government that it is ready with a blueprint to begin manufacturing iPhones in India, but wants fiscal concessions, including Customs duty waivCompany : Apple Inc
Headquarters: Cupertino, California, United States
CEO : Tim Cook
SCIENCE AND TECHNOLOGY:
'Instant Apps' Google's new apps can be used without downloading is begins testing:
Google has started testing 'Instant Apps' that can be used without downloading over half a year after first announcing the feature. Apps are broken into very small packets that can run almost instantly by tapping on a URL. The limited test by Google includes apps from BuzzFeed and live video streaming startup Periscope.Company : Google
CEO: Sundar Pichai
Headquarters: Mountain View, California, United States
1st military communications satellite of Japan launched today
Japan on Tuesday launched its first military communications satellite to quadruple the broadband capacity of the country's self defence forces and allow communications across a larger part of the territory. This comes amid concerns over increased Chinese military activity in the East China Sea while Japan and China remain locked in a territorial dispute over a group of uninhabited islands.Country : Japan
Capital: Tokyo
Currency: Japanese yen
Prime minister: Shinzō Abe
AGREEMENTS:
14 agreements got signed between India, UAE :
India and the UAE today inked 14 agreements in various areas including in defence, maritime transport, comprehensive strategic partnership, shipping, agriculture and allied sector, trade, oil storage and management, energy efficiency, road transport and highways and prevention and combating human traffickingThe agreements were signed after delegation level talks between Prime Minister Narendra Modi and visiting Crown Prince of Abu Dhabi Sheikh Mohammed Bin Zayed Al Nahyan at Hyderabad House in New Delhi.
Country : United Arab Emirates (UAE)
Capital : Abu Dhabi
Currency: United Arab Emirates dirham
President: Khalifa bin Zayed Al Nahyan
AWARDS AND HONOURS
Rahul Dravid to receive honorary doctorate award from Bangalore University
Former Indian cricketer Rahul Dravid will be awarded an honorary doctorate by the Bangalore University during the university's 52nd annual convocation which will be held on January 27. The 44-year-old was earlier awarded an honorary doctorate by Karnataka's Gulbarga University in 2014. Notably, Dravid's mother was a professor at Bangalore University's Visvesvaraya College of Engineering.APPOINTMENTS AND RESIGNATION:
Two more quits after Flipkart CEO left the company :
Flipkart's new CEO Kalyan Krishnamurthy is left with just three senior leaders to steer the day-to-day operations after two more senior executives quit Flipkart this week. The two engineering heads, Hari Vasudev and Ashish Agrawal, join three others who quit Flipkart earlier this month. At least 12 leaders at the second-highest executive rank have quit Flipkart over the past year.Company : Flipkart
CEO: Binny Bansal
Headquarters: Bengaluru
Quentin Hardy joins Google after quitting from New York Times
Quentin Hardy, Deputy Technology Editor at New York Times has announced that he is joining Google as Head of Editorial, Google Cloud. "AI will remake the world on a scale of electricity...I'm looking forward to seeing it firsthand," he said. Hardy worked with NYT for more than five years and has previously worked with the Wall Street Journal and Forbes.
Company : Google
CEO: Sundar Pichai
Headquarters: Mountain View, California, United States
Satya Nadella nominated to Board of Directors of Starbucks
International coffee chain Starbucks has nominated Microsoft CEO Satya Nadella to its Board of Directors along with Lego Executive Chairman Jørgen Vig Knudstorp and Walmart-owned Sam's Club CEO Rosalind Brewer. Hyderabad-born Nadella was named as a prospective member of Starbucks' Board for his "understanding of how technology will be used and experienced around the world."
SPORTS NEWS:
15-yr-old Lalchungnunga of Mizoram chosen to train at Germany's football league
Lalchungnunga, a 15-year-old football player from Mizoram, has been chosen to train at Germany's top division football league, Bundesliga, for six years. Nicknamed 'Mizo Messi', the boy was scouted at a Tata Trust football academy, which has a memorandum of understanding with the state government to promote talent. The boy is one of eight kids born to a daily wager.
State: Mizoram
Capital: Aizawl
Chief Minister : Lal Thanhawla
Governor : Lt General (Retd) Nirbhay Sharma
World record set by Chinese man by wheeling 20.8 kilometres in 46 minutes:
Chinese stunt driver Han Yue recently set the Guinness World Record for the 'fastest side wheelie lap of the Nürburgring Nordschleife in a car' by completing the lap in 45 minutes and 59.11 seconds. Driving a red Mini Cooper, Yue navigated 73 turns, spanning 20.8 kilometres, without letting the car's right wheels touch the ground.
Country : China
Capital: Beijing
Currency: Renminbi
President: Xi Jinping
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