Important Current Affairs Daily Updates 8th July 2017 - Specially for Upcoming Exams 2017

Important Current Affairs Daily Updates 8th July 2017 - Specially for Upcoming Exams 2017:

Dear Readers, 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.

JIGYASA, a student- scientist connect program was jointly launched by CSIR & KVS in New Delhi

Jigyasa, a student- scientist connect program was officially launched in New Delhi recently. Council of Scientific and Industrial Research (CSIR), has joined hands with Kendriya Vidyalaya Sangathan (KVS) to implement this program. MoU signing ceremony was held in the presence of Dr. Harsh Vardhan, Minister of Science & Technology and Shri Prakash Javadekar, Minister of HRD. The focus is on connecting school students and scientists so as to extend student’s classroom learning with that of a very well planned research laboratory based learning. “JIGYASA” is one of the major initiative taken up by CSIR at the national level, during its Platinum Jubilee Celebration Year.

Useful Info:

Union Human Resource Development Minister –Prakash Javadekar

Constituency –Madhya Pradesh (Rajya Shaba)

INTERNATIONAL

Twelfth G20 Summit held in Hamburg, Germany

Hamburg is hosting the twelfth G20 Summit on the 7th and 8th of July, 2017. The G20, or group of 20, is an international meeting between heads of states, finance ministers and central bank governors from the world’s leading economies.

Useful Info:

Country – Germany

Capital – Berlin

Currency – Euro

G-20 was founded in 1999.

The first meeting of G-20 was held in Berlin in 1999.

The last G-20 summit was held in China in 2016.

122 countries approved the first-ever treaty to ban nuclear weapons at the UN meeting

122 countries approved the first-ever treaty to ban nuclear weapons at the UN meeting boycotted by all nuclear-armed nations. One country the Netherlands voting against while Singapore abstained. None of the nine countries that possess nuclear weapons the United States, Russia, Britain, China, France, India, Pakistan, North Korea and Israel took part in the negotiations or the vote. Even Japan the only country to have suffered atomic attacks, in 1945 boycotted the talks as did most NATO countries.

Useful Info:

NATO - North Atlantic Treaty Organization

HQ – Brussels, Belgium

France will end sales of petrol and diesel vehicles by 2040

France will end sales of petrol and diesel vehicles by 2040 as part of an ambitious plan to meet its targets under the Paris climate accord, Emmanuel Macron’s government has announced.

Useful Info:

Country – France

Capital – Paris

Currency – Euro

PM - Édouard Philippe

President - Emmanuel Macron

Top Car Brands in France

Bugatti, Renault, Citroen, Peugeot

BUSINESS & ECONOMY

Japan’s Tokio Marine raises stake in JV to 49%

Japan’s Tokio Marine Asia raised its stake in a 17-year old general insurance joint venture with India’s fertilizer co-operative IFFCO from 26% to 49% at a cost of 2,530 crore rupees, in a transaction approved by the IFFCO board.

Useful Info:

IFFCO -Indian Farmers Fertiliser Cooperative Limited

HQ – New Delhi

Tokio Marine Holdings, Inc –It is a multinational insurance holding company

HQ – Tokyo, Japan

Centre has launched an app – GST Rates Finder to verify the accurate tax rate on commodity and services under the GST

Centre has launched an app – GST Rates Finder to verify the accurate tax rate on commodity and services under the Goods and Services Tax (GST) regime. Finance Minister Arun Jaitley launched the app in New Delhi. Through this app, user can determine GST rate by entering the name of the commodity or service. The search result will list all the Goods and Services containing the name which was typed in the search box. A taxpayer can search for applicable CGST, SGST, UTGST rate and Compensation Cess on a supply. This mobile app can be downloaded on any smartphone and can work in offline mode, once downloaded.

Useful Info:

CGST – Central GST

SGST – State GST

UTGST –Union Territory GST

IGST –Inter-state GST

GST council is headed by Finance Minister of India Mr. Arun Jaitley

First Country to introduce GST – France, 1954

RBI allows NBFCs to sell and market the new pension scheme

The Reserve Bank of India has allowed systematically important non-banking finance companies (NBFCs) to sell and market the new pension scheme (NPS). NBFCs with asset size of Rs500 crore and above that have made a net profit in the preceding financial year be permitted to sell NPS to their clients after registration with the pension regulator.

Useful Info:

IRDAI - Insurance Regulatory and Development Authority of India

HQ – Hyderabad

Chairman – T.S. Vijayan

RBI - Reserve Bank of India

Governor – Urjit Patel

India has slipped by one spot to become the fourth-largest foreign investor into the UK

India has slipped by one spot to become the fourth-largest foreign investor into the UK, according to the official figures released here today. The US remains on the top, investing in 577 projects in the UK, with China (including Hong Kong) remaining in second place with 160 projects. India set up 127 new projects in Britain last year and safeguarded 7,645 existing jobs as a result and created 3,999 new jobs in 2016-17.India shares the fourth spot with Australia and New Zealand, which also set up 127 projects collectively.

Useful Info:

Country – United Kingdom

Capital – London

Currency - Pound sterling

PM - Theresa May

SCIENCE & TECHNOLOGY

Oracle picks Bengaluru for its first digital hub in Asia-Pacific

American tech giant Oracle has said it is opening its first digital hub in Asia Pacific, which will be based in Bengaluru. The company, with annual revenue of more than $37 billion, said the hub would provide cloud computing technology and resources to small and medium businesses to empower them in their digital transformation.

Useful Info:

Oracle Corporation -Oracle Corporation is a multinational computer technology corporation

HQ - Redwood Shores, California

Founder –Larry Ellison, Bob Miner, Ed oates

APPOINTMENT

Saima Wazed Hossain appointed WHO Goodwill Ambassador for Autism in South Asia

Saima Wazed Hossain, a globally renowned champion for the cause of autism spectrum disorder has been appointed as the WHO's goodwill ambassador for autism in the world body's Southeast Asia region. Her appointment is for a period of two years. As WHO Goodwill Ambassador, Hossain will be promoting the Thimphu Declaration which emphasizes on integrating the needs of autism affected people into national health and socioeconomic development plans.

Useful Info:

WHO – World Health Organisation

HQ - Geneva, Switzerland

Director–General - Dr. Tedros Adhanom Ghebreyesus

Virat Kohli broke Sachin Tendulkar’s record

Indian captain Virat Kohli scored his 18th ODI hundred in run chases. With this he broke Sachin Tendulkar's record and became the batsman with most number of hundreds in run chases in the history of One Day Internationals.