Weekly Current Affairs Update (11 April – 17 April) – 2016

///Weekly Current Affairs Update (11 April – 17 April) – 2016

National News Weekly Current Affairs Update (11 April  to 17th April 2016)

The important weekly current affairs update have been listed below along with the other relevant and significant information regarding them. This compilation is not a substitute to regular newspaper reading. Rather, this will help in revision of all relevant current event happenings of the week starting from 11 April to 17th April 2016.

  • Jharkhand Chief Minister Raghubar Das has launched the “Bhimrao Ambedkar Awas Yojana” for widows, to create equality and harmony in society, ensuring all round development. The programme is with a budget allocation of 80 crore rupees and a target of 11000 units (houses) for widows has been set in 2016-17 financial year. The widows would also get pension.
  • Prime Minister Narendra Modi will lay the foundation stone for a power plant of Patratu Vidyut Utpadan Nigam Limited (PVUNL), a joint venture company of National Thermal Power Corporation and Jharkhand government, on April 24.
  • The Indian Air Force has renamed West Bengal’s Panagarh airbase as ‘Air Force Station Arjan Singh‘ after the former IAF chief. Arjan Singh, having the rank of ‘Marshal of the IAF’, is the IAF’s only ‘five-star’ rank officer.
  • Union Government has appointed Susmita Pande as the new Chairperson of the National Monument Authority (NMA).
  • Prime Minister Narendra Modi has launched ‘Gram Uday Se Bharat Uday Abhiyan’ (Village Self Governance Campaign) to strengthen Panchayati Raj in villages and ensure social harmony in villages. It has been launched on the occasion of 125th birth anniversary of Dr. Babasaheb Ambedkar at his birthplace at Mhow, Madhya Pradesh.
  • Delhi government has banned manufacture, storage, distribution and sale of Pan Masala, Gutkha and all forms of Chewable Tobacco for one year. The ban is also applicable to unpackaged tobacco products and components of gutkha that “easily facilitate mixing by the consumer”.
  • Nashik’s Trimbakeshwar temple has lifted the ban on women’s entry into the temple’s ‘garbhgriha’ (sanctum sanctorum) with a clause. This clause states that women can enter only between 6 am and 7 am and must wear wet cotton or silk clothes while offering prayers.
  • The 2nd Phase of the Delhi government’s odd-even plan aimed at controlling air pollution and traffic congestion has started. The odd-even restrictions will be in place until April 30. While parents driving children to school are exempted and the exemptions from the previous phase like cars driven by single women and two-wheelers will continue as it is.
  • Union Cabinet has been approved the Memorandum of Understanding (MoU) signed between India and Bangladesh in September, 2011, on bilateral cooperation in the field of Fisheries and aquaculture and allied activities.
  • India and South Korea signed a MoU for cooperation and mutual assistance in development of ports. 
  • India’s indigenously developed surface-to-air Akash missile has been test fired for second consecutive day from the Integrated Test Range (ITR) at Chandipur near Balasore in Odisha.
  • Nuclear capable undersea ballistic missile, code named K-4, has been successfully test fired from an undisclosed location in the Bay of Bengal. The test has been conducted nearly 45 nautical miles away from Vishakhapatnam coast in Andhra Pradesh.
  • Prime Minister Narendra Modi has inaugurated the Maritime India Summit 2016, a maiden initiative of the Ministry of Shipping, in Mumbai. This three-day event will provide a platform for participants to explore investment opportunities in the Indian Maritime sector along with showcasing latest technological developments in the sector.
  • In a first in the country, Maharashtra Assembly has passed the Prohibition of Social Boycott Bill, penalising social boycott by extra-judicial bodies like caste panchayats and communities. It prescribes a maximum punishment of three years and up to ₹1 lakh fine.
  • The Minister of State (Independent Charge) for Power, Coal and New & Renewable Energy Piyush Goyal, launched an online portal called DEEP (Discovery of Efficient Electricity Pricefor the acquisition of short-term power by DISCOMs. The “DEEP” web portal will ensure the continuous flow of power from seller to the buyer. It will be a very strong weapon to bring the illegal transactions into the light, and confine all these illegal transactions. It will also help in price reduction through competition.
  • The festival of harvest, Baisakhi is being celebrated in northern part of the country. Baisakhi has special significance amongst the Sikh, as they also celebrate the foundation of the Khalsa panth set up by Guru Gobind Singh.
  • For the first time, a group of transgenders will be in-charge of a polling booth in Kolkata. This is part of an initiative to include all sections of the society in polling processes in Kolkata, which goes to polls on April 30.
  • India is home to 2,226 tigers, representing 70% of the global tiger population, said Environment Minister Prakash Javadekar . Note : According to World Wildlife Fund estimates, the global tiger population has increased from 3,200 to 3,890 in five years, marking a 22% increase.
  • For the First Time in India, Union Railway Minister, Suresh Prabhu has inaugurated the CCTV system in Shan-E-Punjab Express (Amritstar-New Delhi) through Video-Conferencing. CCTV system includes 4 to 6 Cameras per coach with Digital Video Recorder (DVR).
  • Haryana government has decided to rename its largest city Gurgaon to ‘Gurugram.
  • The Kerala HC has ordered a total ban on sound-making fireworks display at all religious places between sunset and sunrise, following the recent Kollam temple tragedy which has killed 109 people.
  • Jammu & Kashmir’s government has announced a new scheme to provide 5 kg rice ration per head, on top of the 5 kg under the National Food Security Act (NFSA). However, the total ration provided will be capped at 35 kg per family. This comes after protests over the implementation of NFSA which had reduced their staple rice ration.
  • Gram Uday Se Bharat Uday Abhiyan, a ten day Village Self Governance Campaign, will be held from Thursday. The aim of the campaign is to strengthen Panchayati Raj and improve rural livelihoods.
  • Indian Coast Guard Ship Shoor‬ has been commissioned by Nitin Gadkari, Minister of Shipping, at Goa.
  • Prime Minister Narendra Modi and Maldivian President Abdulla Yameen Abdul Gayoom have signed 6 Agreements after a bilateral talk at the Hyderabad House in Delhi. These Agreements are – 
    1. Action Plan for Defence Cooperation.
    2. Agreement for Avoidance of Double Taxation of income derived from International Air Transport.
    3. Agreement for the Exchange of Information with respect to Taxes.
    4. Agreement related to Orbit Frequency Coordination of South Asia Satellite (SAS) proposed at 48oE.
    5. MoU for Cooperation in the area of conservation and restoration of ancient mosques in Maldives.
    6. MoU on cooperation in the field of Tourism.
  • Actress Aishwarya Rai Bachchan has been honoured with the ‘Global Indian of the Year’ award at the 2016 NRI of the Year award function held in Mumbai. Meanwhile, Indian tennis player Sania Mirza has received the ‘NRI of the Year’award. The award function recognises outstanding achievements of the Indian diaspora globally.
  • President Pranab Mukherjee has conferred Padma awards upon 56 eminent personalities including actor Rajinikanth, actress Priyanka Chopra, and tennis player Sania Mirza in a ceremony at the Rashtrapati Bhavan. While Rajinikanth has received a Padma Vibhushan, Sania Mirza has got a Padma Bhushan and Priyanka received a Padma Shri.
  • Soni Chaurasiya, a Kathak dancer from Varanasi has broken the world record of longest dance performance by continuously dancing for 123 hours and 30 minutes. With her performance, she broke the previous record of Hemlata Kundalu of Trichur, Kerala, who performed Mohiniattam continuously for 123 hours and 20 mins.
  • The National Institute of Technology (NIT) Sikkim has secured a rare distinction of having a Supercomputer, which is said to be the most powerful and fastest among all the 31 NITs. The supercomputer, named ‘Param Kanchenjunga, is expected to help achieve excellence in engineering education and research in the north-east region.
  • Former Indian Army Chief General (retd) JJ Singh has been conferred with the prestigious Officer of the Legion of Honour, the highest French civilian distinction. He has been conferred the honour in recognition of his stellar role in modernising the Indian Army.
  • The Supreme Court paved the way for implementation of National Eligibility Entrance Test, NEET for Medical courses across the country. The top court has set aside its 2013 order by which the common entrance test for admissions to MBBS, BDS and PG courses in all medical colleges had been quashed.
  • Author and poet Padma Sachdev has been selected for the prestigious Saraswati Samman for 2015 for her autobiography titled Chitt-Chete, written in Dogri language. The book, published in 2007, links the personal trials and tribulations of the author with issues concerning society, nation and the world at large.

International News Weekly Current Affairs Update – (11th April  to 17 April 2016)

By reading the following Weekly Current Affairs 2016, you can know the highlights of the week starting from 11 April to 17th April in brief.

  • External Affairs Minister Sushma Swaraj has left for a two-nation three-day visit to Iran and Russia. Her Iran visit is aimed to step up engagement in a range of areas including oil and trade as the strategically important Persian Gulf nation is now ready to resume business as usual after lifting of sanctions under a historic nuclear deal.
  • New York City has declared this year’s April 14 as ‘Bindeshwar Pathak Day‘ in recognition of the contributions made by the ‘Sulabh International’ founder. His organisation engages nearly 50,000 people, has constructed nearly 1.3 million household toilets, and 54 million government toilets.
  • Ukraine’s parliament has appointed Volodymyr Groysman as it’s new Prime Minister.
  • India and South Korea have signed a Memorandum of Understanding (MoU) for cooperation and mutual assistance in development of Ports. It has been signed by Union Road, Transport and Highways and Shipping Minister Nitin Gadkari and South Korea Oceans and Fisheries Minister Kim Young Suk in Mumbai, Maharashtra.
  • US Democratic Presidential candidate Bernie Sanders has won the ‘Time 100’ poll for the Time Magazine’s annual most influential people list. Sanders, with 3.3% votes, secured over three times the votes cast for his Democratic party rival Hillary Clinton. Myanmar leader Aung San Suu Kyi and US President Barack Obama were named in the top 5 of the list.
  • UNICEF has created ‘Sofia‘, a 3D animated child using 500 photos of real children from emergency-hit areas to raise awareness about children affected by conflicts across the world. This virtual child has been named ‘Sofia’ as it has been reported the world’s most popular name last year. The campaign aims to inspire people to become donors to UNICEF as “world parents.”
  • US President Barack Obama has appointed Indian American MasterCard CEO Ajay Banga to a key administration post as a member of the Commission on Enhancing National Cybersecurity. Banga is one of the nine members of the Commission on Enhancing National Cybersecurity appointed by Obama.
  • The Constitutional Council of Nepal has selected Justice Sushila Karki (63) for the post of Chief Justice (CJ) of the Supreme Court of the country. With this selection she will become 26th chief justice of the apex court and the first female Chiev Justice in Nepal’s history.
  • The United Nations for the first time has observed the 125th birth anniversary of Dr BR Ambedkar at its headquarters in New York.
  • South Pacific island nation Nauru has become the 189th member of the International Monetary Fund (IMF) and the World Bank. Nauru has applied for membership in the Washington-based IMF and World Bank in April 2014, after joining the United Nations in 1996 as the world’s smallest independent republic.
  • The World Bank and the Asian Infrastructure Investment Bank (AIIB) have signed their first co-financing framework agreement. Under thsi agreement, the World Bank will prepare and supervise the co-financed projects in accordance with its policies and procedures. The China-backed AIIB, in which India is the second largest shareholder, has been inaugurated in January this year.
  • The Shanghai government has announced its plans to lower the credit score of its citizens who do not visit their elderly parents. This policy is aimed at ensuring that financial and emotional needs of parents are met, will take effect from May 1.
  • The Union cabinet has given its formal approval for adopting the Statute of the South Asia Wildlife Enforcement Network (SAWEN). With this, India will become member of SAWEN, a regional inter-governmental body in combating wildlife crime in the region and beyond.
    • By becoming member of SAWEN, India will strengthen its ties with the member countries
    • For controlling the trans-boundary wildlife crimes through coordination, communication, collaboration, cooperation and capacity building in the region.
  • Royal Mail of British has honoured playwright William Shakespeare by issuing a set of special postage stamps to mark the 400th anniversary of his death.
  • Japan-based conglomerate Seibu Railway is working to develop world’s first virtually invisible train by 2018. It is being designed by architect Kazuyo Sejima, who recently won the Pritzker Prize. The train will blend into its surroundings by reflecting them off its mirrored surface.
  • Defense Minister Manohar Parrikar and United States Secretary of Defense Ash Carter in a joint statement said that the two countries have agreed “in principle” to share military logistics. This includes using each others land, naval, and air bases for rest, resupply, and repair. This comes as both seek to counter China’s growing maritime assertiveness.
  • China’s air force is going to launch Shaheen-5, a joint training exercises with Pakistan. These exercises and exchanges between Chinese and Pakistani air forces in recent years had effectively deepened cooperation between both the sides.
  • The two-day G7 Foreign Ministers’ Meeting has ended in Hiroshima, with the Foreign Ministers of the seven industrialized countries issuing a joint communique, reaching consensus on a variety of global and regional issues including terrorism, refugees, and the Democratic People’s Republic of Korea,DPRK nuclear problem.
  • A copy of English poet and playwright William Shakespeare’s First Folio has been discovered in the library of Mount Stuart House on the Isle of Bute in Scotland. The book, which dates back to 1623, contains 36 of Shakespeare’s plays published seven years after his death.
  • The IIT (Indian Institute of Technology)-Kharagpur has won the National Intellectual Property (IP) Award in the academic institutes category.
  • Tamil descendent Judge Navanetham Pillay, South Africa’s first non-white woman judge who is of Indian origin, has been convened upon the highest French civilian the Legion of Honour.
  • The first certified 18-rotor electric helicopter, called the Volocopter VC200, has completed its first manned test flight. Developed by Germany-based E-Volo, the multicopter is a fuel-free drone-like vehicle that does not need constant monitoring to be airborne.
  • Pakistan has test fired anti-ship surface to sea “Zarb” missile from the coastal areas successfully. It hit its target in the Arabian Sea after it has been fired from a strategic point located at a coastal area.
  • The US has topped the Global Connectivity Index 2016. Singapore and Sweden were ranked second and third, respectively. The Global Connectivity report measures the progress of 50 nations, divided into three groups of starters, adopters and frontrunners, in investment and deployment of information and communications technology. Note : India, which has been placed in the starters category, has been ranked  44th.
  • The number of Tigers in the world has increased for the first time in over 100 years. A study by the World Wildlife Fund and the Global Tiger Forum found that there are 3,890 tigers, a significant increase from the lowest 3,200 tigers recorded in 2010.
  • Dubai is planning to build a tower that will stand higher than its BurjKhalifa, currently the world’s tallest skyscraper, will be built by property developer Emaar.
  • China and Sri Lanka have decided to redefine the Colombo Port City project by making it an international financial outpost in the Indian Ocean, as part of the 20-year framework. The two sides will use the development of a 21st Century Maritime Silk Road as an opportunity to further advance infrastructure development, promote joint ventures and expand cooperation.
  • Investigative journalist Khadija Ismayilova of Azerbaijan has been chosen for the prestigious 2016 UNESCO/Guillermo Cano World Press Freedom Prize. She will be bestowed with this award during the celebration of World Press Freedom Day (3rd May 2016) in recognition of her outstanding contribution to press freedom in difficult circumstances.

Economics News Weekly Current Affairs Update – (11th April  to 17 April 2016)

Important news and events in the economic world that happened over the whole week including the Sunday news has been listed here for quick revision.

  • According to App Store analytics firm App Annie, China has surpassed Japan to take the number two position in iOS revenues in Q1 2016, up from the third place in January. China is already the leader in terms of iOS downloads since 2015, influenced by the adoption of Apple’s larger-screened devices. The Us remains at the top.
  • The New Development Bank (NDB), formerly referred to as the BRICS (Brazil, Russia, India, China and South Africa) Development Bank, has sanctioned a$250 million loan for a renewable energy scheme in India. The project will result in the generation of 500 MW of renewable energy and savings of about 8 lakh tonnes of carbon emissions.
  • The Union Government has imposed an anti-dumping duty of up to US 149 dollars on imports of N-Butyl Alcohol from  European Union (EU), Malaysia, Singapore and the US. Central Board of Excise and Customs (CBEC) has issued a notification based on the recommendation of Directorate General of Anti-dumping and Allied Duties (DGAD).
    • DGAD in its investigation had found out that Normal Butanol, or N-Butyl Alcohol exported from five countries mentioned above has been found to be below normal value compared to domestic value, thus causing material injury to domestic injury.
  • Prime Minister Narendra Modi has launched an electronic trading platform, the National Agriculture Market (eNAM), for farmers to sell their produce. It proposes to integrate 585 regulated agriculture produce market committees within a couple of years. The eNAM will allow the farmers to sell their produce to the highest bidders and has been allocated a budget of ₹200 crore.
  • Three Indian businessmen have been named in the Forbes inaugural list of Global Game Changers. Co-founder of low-cost IndiGo airlines Rahul Bhatia, Founder of the Serum Institute of India Cyrus Poonawalla and Founder of GEMS Education Sunny Varkey featured on the list.
  • India has retained its position as the world’s largest remittance recipient in 2015, receiving about $69 billion, according to the World Bank. However, with a fall from $70 billion in 2014, this is the first decline in India’s annual remittances since 2009. China, with $64 billion in remittances, has been second on the list, followed by Philippines ($28 billion).
  • The RBI has reduced the minimum tenure of the masala bonds issued by companies to three years from the previously stated five years. Further, a single issuer can raise a maximum of ₹5,000 crore through such bonds
    • Masala bonds are rupee-denominated bonds issued by Indian companies in foreign capital markets that can be settled in US dollars. Therefore, Masala bond is a term used to refer to a financial instrument through which Indian entities can raise money from overseas markets in the rupee, not foreign currency.
  • The National Payments Corporation of India (NPCI) has launched “Unified Payments Interface (UPI)” to revolutionise mobile payment system in the country, with 29 banks agreeing to join it. It has been launched by the Reserve Bank of India (RBI) Governor Raghuram Rajan.
  • Federal Bank ties up with Chillar Payment Solutions Pvt. Ltd., a technology driven start-up company to promote the start-up’s technology product – ‘Campus Wallet‘. This is a student Identity Card integrated with banking technology.
  • Italian officials and financial institutions have formally agreed to set up a €5 billion fund, named Atlante, to help stressed banks unload bad loans and raise capital. The move aims at avoiding a crisis in the eurozone’s fourth-biggest banking sector, which is groaning under the weight of €360 billion in bad loans, around 33% of the eurozone total.
  • The IMF has slashed its global growth forecast to 3.2% for 2016, its fourth cut in the past year, citing China’s slowdown, persistently low oil prices and chronic weakness in advanced economies. The Fund also warned of widespread stagnation risk and said weaker growth could leave the global economy more vulnerable to shocks such as currency depreciations or worsening geopolitical conflicts.
  • Bollywood actor-couple Ajay Devgn and Kajol will serve as the brand ambassadors of Andhra Pradesh Tourism. The two volunteered for the position, and offered to invest in media and entertainment projects in Amaravati.
  • Telecommunications firm Bharti Airtel has announced that its mobile commerce subsidiary Airtel M Commerce Services, has received payments bank licence from the RBI. The subsidiary, which operates under the name of Airtel Money, received in-principle approval from RBI in 2015 to start operations as a payment bank. Idea Cellular and Vodafone had earlier received approval to form payment banks.

Sports News Weekly Current Affairs Update – (11th April  to 17th April 2016)

Important happenings in the field of sports have been given below. Since candidates don’t focus on sports news over the week, below you will find all the exam worthy details. We hope this weekly sports update is sufficient for your perusal.

  • Indian professional table tennis player Achanta Sharath Kamal from Tamil Nadu has qualified for the Rio Olympics 2016 after beating Iran’s Noshad Alamiyan 4-3 in the Asian Olympic qualification event. Note that: The 33-year-old 2004 Arjuna award recipient has won Men’s Singles gold at the 2006 Commonwealth Games and Men’s Doubles gold at the 2010 Commonwealth Games.
  • Indian table tennis players Manika Batra and Soumyajit Ghosh have qualified for 2016 Rio Olympics after winning their respective groups in the South Asian division of the Asian Olympic Qualification event in Hong Kong.
  • Indian Olympic medal-winning boxer Mary Kom has been named as one of the eight ambassadors for the upcoming World Championships by the International Boxing Association (AIBA).
  • The 153rd edition of the Wisden’s list named Kane Williamson as Leading Cricketer in the World for 2015. All-rounder Suzie Bates has been awarded the Leading Woman Cricketer in the World.
  • Vijender Singh, who has been unbeaten so far in his professional boxing career, will face French boxer Matiouze Royer in his 5th professional bout at Stratford’s Copper Box Arena in London on April 30.
  • Amid drought conditions in Maharashtra, the Bombay High Court has directed BCCI to shift all IPL matches post April 30 outside the state. The tournament’s final has been scheduled to be played in Mumbai on May 29.
  • England and Nottinghamshire batsman James Taylor has been forced to retire from cricket after it has been discovered that he is suffering from a rare and serious heart disease called ARVC (Arrhythmogenic Right Ventricular Cardiomyopathy).
  • Lee Chong Wei has won his 11th Malaysian Open title by defeating world number one, Chen Long.
  • Indian cricketer Virat Kohli has been announced as the brand ambassador of the upcoming Premier Futsal League. The league will take place in India from July 15 to July 24 and will feature over 50 international futsal players hailing from 21 different countries in five-a-side football matches.

Obituaries

  • Leading British playwright Sir Arnold Wesker (83), who came to prominence in the late 1950s with his gritty, working class dramas, has passed away. He first established his reputation with the Wesker Trilogy at the Royal Court theatre in central London.
  • Major Amit Deswal of the Indian Army’s 21 Para has been martyred in an encounter with the Zeliangrong United Front (ZUF) militants in Manipur’s Tamenglong district.
  • Satyanand Munjal (99), co-founder of Hero Cycles Corp, has passed away. Hero Cycles has been set up in 1956 in Ludhiana by the four Munjal brothers of which Satyanand has been the eldest. Munjal has been also known for his philanthropic acts including setting up of Hero DMC Heart Institute and Dayanand Medical College and Hospital.
  • Veenu Paliwal (44), one of the top woman bikers of India, passed away in a road accident in Madhya Pradesh’s Vidisha. She was popularly dubbed as “lady of the harley”.
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2016-10-29T16:19:10+00:00