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National News Daily Current Affairs – 12 January 2017
☀ The Centre will institute an independent railway regulator that will determine passenger and freight tariffs.
The Rail Development Authority, which the Union Cabinet is yet to clear, will recommend tariff changes by taking into account direct and indirect costs. Note that : Train tariffs are heavily subsidised, with 27% of rail revenue coming from passenger tickets.
☀ India has announced a $100 million (Rs 683 crore) line of credit to Kenya for agricultural mechanisation after talks between PM Narendra Modi and Kenyan President Uhuru Kenyatta. Further, India is focussing on quick operationalisation of defence cooperation between the two nations, Modi added.
☀ Filmmaker Karan Johar has been invited to the upcoming 47th World Economic Forum’s annual meeting as a cultural leader. The global event will take place in Davos-Klosters, Switzerland from January 17 to 20. This year’s Theme of the event : ‘Responsive and Responsible Leadership‘.
International Updates Current Affairs – 12 January 2017
☀ Turkey has renamed the street that serves the Russian Embassy after Andrei Karlov, the Russian ambassador to Turkey who was killed by a gunman in the Turkish capital.
☀ The Museo Atlántico, which is known to be the first underwater museum in Europe, was inaugurated off the coast of Lanzarote, Spain. This exhibit features 12 installations and over 300 life-size human figures. It was designed by British sculptor Jason deCaires Taylor, the art installation aims to promote environmental awareness and social change.
☀ Muslim-majority nation Morocco has banned the production and sale of burqas for security reasons.
☀ Pentagon had successfully tested a swarm of 103 Perdix micro-drones, one of the largest micro-drone swarms ever tested at a single instance. The micro-drone swarm included micro-drones measuring around six inches. The drones were launched from three F/A-18 Super Hornet fighter jets.
Economics Today’s Current Affairs – 12 January 2017
☀ Citibank has launched voice verification for its phone banking clients to replace the current authentication process of remembering PINs or answering verification questions. The bank has said identifying a user’s unique voiceprint will take 15 seconds, down from an average 45 seconds it takes currently. This authentication will be completed automatically while the customers speak to the bank official.
☀ Mukesh Ambani-led Reliance Jio beat telcos Airtel, Vodafone and others, to become the fastest 4G service provider in India in December 2016, according to data from Telecom Regulatory Authority of India.
12 January 2017 – Sports Current Affairs Today
☀ Indian cueist Pankaj Advani has won the 3rd Kolkata Open National Invitation Snooker Championship. Note that: This was Advani’s maiden title win at the Kolkata Open.
☀ Former world number one Maria Sharapova has announced that she is set to make her return to competitive tennis on April 26 at the Porsche Tennis Grand Prix in Stuttgart. Note that : She is currently serving a 15-month doping suspension.
☀The United Kingdom has become the world’s first country to officially recognise parkour as a sport. Parkour, also known as freerunning, is similar to military obstacle training and involves a participant getting from one point to another, tackling terrain using only his/her natural body strength.
☀ Former German President Roman Herzog has passed away. Herzog had served as the chief justice of Germany’s highest court before being elected to a five-year term as president in 1994. He is best remembered for urging “a jolt” of political and social reform in Germany.
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