Extracts from The Hindu: June 10, 2017

Hello Readers,
This is our new initiative "Extracts from The Hindu". With this, our aim is to provide short, relevant and important material for Bank and SSC Exams. It will help you to learn

(1) Important current affairs, and
(2) Some Vocab from The Hindu

Come next week, fuel prices will change daily

Retail prices for petrol and diesel would be revised on a daily basis starting from June 16,
Currently, major oil marketing companies usually adjust prices on a fortnightly basis.
The public sector oil marketeers Indian Oil Corporation, Hindustan Petroleum and Bharat Petroleum had launched a pilot project in May in Udaipur, Puducherry, Visakhapatnam, Jamshedpur and Chandigarh.
Based on the successful implementation of the pilot project, the firms have decided to implement this project in the whole country.

POCSO case against Tumakuru teacher

POSCO: Protection of Children from Sexual Offences Act
Protection of Children from Sexual Offences Act (POCSO) The Protection of Children from Sexual Offences Act (POCSO Act) 2012 was formulated in order to effectively address sexual abuse and sexual exploitation of children.

Nanoparticles to treat eye infection

Scientists at the Hyderabad-based CSIR-Centre for Cellular and Molecular Biology (CSIR-CCMB) have developed a novel way to treat fungal keratitis.
Keratitis is the inflammation of the eye
Keratitis can be caused by both bacteria and fungi

Water Quality Index set to be announced soon

The Central Pollution Control Board (CPCB) is working on coming up with a Water Quality Index, on the lines of Air Quality Index (AQI)
Vocab from the Article
Rational: based on or in accordance with reason or logic.
As used in the Article: The members felt that the present classification was not rational.

World’s oldest fossil mushroom discovered

The world’s oldest fossil mushroom dating back to about 115 million years has been discovered in Brazil.
The mushroom has been named "Gondwanagaricites magnificus."
Vocab from the Article
Astonish: surprise or impress (someone) greatly.
As used in the Article: “The fact that this mushroom was preserved at all is just astonishing,” said Mr. Heads, who discovered the mushroom.

DGFT may come under Revenue dept

The Centre is considering a proposal to shift the entire Directorate General of Foreign Trade (DGFT) office to the Department of Revenue (DoR)
Currenly, DGFT comes under the Department of Commerce (DoC).
Vocab from the Article
Moot: subject to debate, dispute, or uncertainty.
As used in the Article: The suggestion — billed as a major trade facilitation measure and in line with the Centre’s ‘Ease of Doing Business’ initiative — was mooted recently by the Central Board of Excise and Customs (CBEC) in the DoR within the Finance Ministry.

RedInk Awards recognise India’s best journalists

The Mumbai Press Club’s RedInk Awards for Excellence in Indian Journalism, 2017, were presented on Wednesday.
With 15 categories, they are the biggest journalism awards in India where winners are chosen by their peers.
Veteran journalist Vinod Dua was recognised with the Lifetime Achievement Award and Raj Kamal Jha was presented the Journalist of the Year award.

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