Daily Current Affairs Updates–17th February 2017

Daily Current Affairs Updates–17th February 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.

Service of delivering Milk for babies in trains launched by RailYatri :

Train travel marketplace RailYatri has launched a service to deliver warm milk in specially designed spill-proof thermos-like packaging for babies travelling in trains. The milk can be ordered through the RailYatri application at designated railway stations. It will be delivered to the berth so that passengers do not have to get off the train to collect it.

Food-onlyphysical outlets to be opened by Amazon in India:

E-commerce major Amazon has reportedly sought the government's permission to open food-only physical outlets in India along with an online platform to sell locally produced food items. The unit will sell third-party or own private labels of locally produced and packaged products. According to reports, Amazon will invest ₹3,500 crore in the outlets over the next five years.

Company : Amazon

CEO: Jeff Bezos

Headquarters : Washington, United States

K Palanisamy sworn in as new CM of Tamil Nadu :

AIADMK chief Sasikala Natarajan's choice, Edappadi K Palanisamy, was on Thursday sworn in as the Tamil Nadu Chief Minister by Governor C Vidyasagar Rao, along with 30 ministers of the state cabinet. He has been given 15 days to prove his majority in the Assembly. Palanisamy previously served as the Minister for Highways and Minor Ports in the state.

State : Tamil Nadu

Capital : Chennai

CM : K Palanisamy

Governor : C. Vidyasagar Rao (additional charge)

Science Express Train flagged off today in Delhi :

Environment Minister Anil Madhav Dave and Minister of Science and Technology Dr Harsh Vardhan today flagged off science express train in Delhi to tour across the country. Mr Dave said, Government is aiming to create awareness about climate change in every Indian citizen and making it a people's Movement.

He also said, every small preventive measure counts in curbing climate change and people have crucial role to play. Dr Harsh Vardhan said, the science express is going to spread awareness on climate change and ingrain culture of science in people.

MoU got signed between HAL and CPWD on execution of infrastructure development works :

In Karnataka, the Defence aviation major Hindustan Aeronautics Ltd (HAL) which is setting up a full fledged helicopter development facility in Tumakuru, about 70 km from Bengaluru, today signed a Memorandum of Understanding(MoU) with Central Public Works Department (CPWD) for execution of infrastructure development works.

The Memorandum of Understanding was signed at a programme held as part of Aero India 2017 in Bengaluru. The project spread over 615 acres of land allotted by the Government of Karnataka will house infrastructure for production and testing facilities, self-sufficient manufacturing capabilities of a wide range of helicopters of 3-ton to 12-ton class, HAL CMD T. Suvarna Raju said.

INTERNATIONAL:

New cross-border power lines to be built between India and Nepal :

India and Nepal have agreed to build new cross-border power transmission lines during their fourth bilateral meeting on power cooperation, reports said. The transmission lines will reportedly help in distribution of electricity from upcoming power projects in Nepal. India also expressed readiness to train Nepalese engineers and consider new letters of credit for building infrastructure in Nepal.

Country : Nepal

Capital: Kathmandu

Currency: Nepalese rupee

Prime Minister: Pushpa Kamal Dahal

President: Bidhya Devi Bhandari

BUSINESS AND ECONOMY NEWS:

Snapchat offers its IPO at $14 to $16 per share :

According to a filing, disappearing-photo application Snapchat will offer 200 million Class A shares for $14-$16, with an aim to raise $3.2 billion in its IPO. A possible valuation between $19.5 billion and $22.2 billion would make Snapchat's IPO the third-biggest technology offering of the past decade. Snap is the first US social media company to go public since Twitter.

SCIENCE AND TECHNOLOGY:

IBM plans for emergency weather alerts without internet through Mobile app :

IBM is developing an Android app that will send emergency weather alerts on the phones even when an internet connection is not available. The app relies on 'Mesh Networking' technology to transmit data in areas where internet connectivity is weak. 'Mesh Networking' is a new technology that can transmit notifications from phone to phone via Bluetooth and Wi-Fi.

Company : IBM

Headquarters : New York, United States

CEO : Ginni Rometty

APPOINTMENTS:

Vikas Swarup appointed as India's High Commissioner to Canada :

Ministry of External Affairs spokesperson Vikas Swarup has been appointed as the High Commissioner of India to Canada. Swarup joined the Indian Foreign Service in 1986 and had served in countries like Turkey, the US, Ethiopia, the UK, and South Africa. Swarup had also penned a novel, 'Q & A', which served as the inspiration for Oscar-winning film Slumdog Millionaire.

Country : Canada

Capital : Ottawa

Currency : Canadian dollar

Prime minister : Justin Trudeau

Various banks appoints Eight new Executive Directors for their banks :

Eight Executive Directors (EDs) have been appointed in various public sector banks on the recommendations of Banks Board Bureau.

- Neelam Damodharan and Atanu Kumar Das have been appointed as EDs in Bank of India.

- K Swaminathan, General Manager in Indian Overseas Bank, has been appointed as ED in the same bank.

- Ashok Kumar Pradhan will be appointed as ED in United Bank of India.

- P Ramana Murthy will be appointed as ED of Central Bank of India.

- Fareed Ahmed Khan, will be appointed as ED in Punjab and Sind Bank.

- M K Bhattacharya and S Harishankar have been appointed as EDs of Indian Bank and Allahabad Bank respectively.

Head of Banks Board Bureau: Vinod Rai
About BBB: Banks Board Bureau is housed in RBI’s Central Office in Mumbai. It is an autonomous body of Union Government of India tasked to improve the governance of Public Sector Banks, recommend selection of chiefs of government owned banks and financial institutions and to help banks in developing strategies and capital raising plans.
PNB  appoints Sunil Mehta as non-executive Chairman :

Punjab National Bank (PNB) has a new non-executive Chairman in Sunil Mehta.The Appointments Committee of the Cabinet (ACC) has approved the proposal of the Department of Financial Services (DFS) for the appointment of Mehta as non-executive Chairman of PNB, official sources said.He has been appointed for a period of three years.

Bank : Punjab National Bank (PNB)

Headquarters : New Delhi

MD & CEO : Usha Ananthasubramanian

Slogan : The Name you can Bank Upon

SPORTS NEWS:

PV Sindhu moves up in BWF rankings to career-best number 5th :

India's star shuttler PV Sindhu has risen to a career best BWF ranking of number five. She overtook Japan’s Akane Yamaguchi, as per the latest rankings released on Wednesday. This is the first time that Sindhu has broken into the top five.

Saina Nehwal, who is ranked ninth, is the other Indian in the top 10, while Chinese Taipei's Tai Tzu Ying continues to lead the rankings. Saina had a rather forgettable year in 2016 as she had been out for most of the year due to a knee injury.

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