Weekly Current Affairs Update (4 January – 10 January) – 2016

///Weekly Current Affairs Update (4 January – 10 January) – 2016

National News Weekly Current Affairs Update (4 January to 10th January 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 4th January to 10th January 2016.

  • In order to prevent the misuse of Senior Citizen Concession and Quota, the Railways will act tough against passengers who have declared wrong age by treating them as without tickets. This new rule will be applicable from 1st February 2016.
  • The Centre has allowed the conduct of Jallikattu in Tamil Nadu after altering a 2011 Ministry of Environment notification by exempting the sport from performances for which the bulls should not be used. Note that : Jallikattu is a bull fighting sport played in Tamil Nadu as a part of Pongal celebrations on Mattu Pongal day.
  • In Rajasthan, the famous two-day Camel Festival has began at Bikaner.
  • Chief of the Naval Staff Admiral R. K. Dhowan has commissioned INS Kadmatt,India’s second Anti-Submarine Warfare Corvette (ASWC) at Visakhapatnam. The Garden Reach Shipbuilders and Engineers Limited (GRSE) has built the INS Kadmatt for the Indian Navy.
  • Punjab Chief Minister Parkash Singh Badal has ordered a ban on manufacture of food products containing tobacco or nicotine like ‘gutkha’ and ‘pan masala’ in the State with immediate effect.
  • Nearly 12 years after it was set up to improve engagement with the Indian diaspora, the government has decided to merge the Ministry of Overseas Indian Affairs (MOIA) with the External Affairs Ministry in sync with its broad principle of minimum government, maximum governance.
  • Pavan Kapoor, a 1990 batch Indian Foreign Service officer, has been named as India’s new ambassador to Israel. He will replace current ambassador Jaideep Sarkar.
  • Amitabh Kant, the secretary in the department of industrial policy and promotion, has been appointed the Chief Executive Officer (CEO) of the NITI Aayog. He will replace former IAS Officer Sindhushree Khullar.
  • BJP leader Shatrughan Sinha’s biography, “Anything But Khamosh” has been released. This biography was written by very famous journalist author Bharathi S Pradhan.
  • Devender Kumar Sikri, a former IAS officer of the Gujarat cadre, has been appointed as the Chairman of fair-trade regulator Competition Commission of India (CCI). Sikri will replace current CCI Ashok Chawla, whose over four-year tenure has ended.
  • Two years after registering a case into the country’s largest reported Ponzi Scam, the CBI has arrested Pearls Group CMD Nirmal Singh Bhangoo along with three others in connection with alleged swindling of Rs 45,000 crore from over five crore investors who have been lured with attractive land deals.
  • Wattan Ko Jano, an initiative being carried out by the Union Ministry of Home Affairs in coordination with the Jammu and Kashmir (J&K) Government has came in news after more than 240 youth in the age-group of 15 to 24 from J&K met with Prime Minister Narendra Modi in New Delhi. The initiative is aimed at exposing youth from the state to the vibrant development and vitality of culture of people residing in other states of the country.
  • The Andhra Pradesh state Regional Transport Authority, Vijayawada has launched an software tool – known as the Online Tappal Management System. The state Government of Andhra Pradesh has introduced the system at RTA, Vijayawada, Gudivada and Nandigama as a pilot project and can be adopted at other offices of the state Government after being tested for sometime.
  • In a move which will benefit a large number of people struggling with the nursery admission of their children, the Delhi government has scrapped management quota and all other quotas except for the Economically Weaker Section (EWS).
  • Operation Dhangu‘ was the codename given to the mission to eliminate the terrorists from the Pathankot airbase after heavily-armed Pakistani terrorists stormed the Air Force base, triggering a fierce gunbattle in which 7 security men were martyred and all the 6 infiltrators were gunned down. The exercise was given the name as Dhangu is the name of the village where the airbase has been established.
  • Ruling Peoples Democratic Party (PDP) president Mehbooba Mufti‬ is set to be the first woman CM of Jammu and Kashmir. She will succeed her father Mufti Mohammad Sayeed who passed away in New Delhi.
  • Sam Pitroda, the former chairman of the National Knowledge Commission and ex-adviser to the prime minister, has been appointed Technology Advisor of Odisha.
  • The Union Government has launched Ganga Gram Yojana to develop 1600 villages in Uttar Pradesh (UP) situated along the banks of Ganga River. The scheme has been launched by the Union Minister of Water Resources, River Development and Ganga Rejuvenation Uma Bharti in Hapur district of UP.
  • INS Kadmatt, the second Anti-Submarine Warfare (ASW) Corvettes, has commissioned into the Indian Navy by the Chief of Naval Staff Robin K Dhowan at a glittering ceremony held at Naval Dockyard, Visakhapatnam. Note that:- INS Kadmatt has been indigenously designed by Indian Navy’s in-house organisation, Directorate of Naval Design and constructed by Garden Reach Shipbuilders and Engineers Limited, Kolkata.
  • The Kerala Cabinet has decided to implement the ‘Sampoorna Arogya Keralam’ project announced in the 2015-16 State budget. This project aims to bring all major government health services under one umbrella.
  • Government has decided to take a jump from Bharat Stage-4 to Bharat Stage-6 from 1st April, 2020 to curb vehicular pollution. Presently, BS IV norms are followed in parts of India and by April 1, 2017, the whole of the country is scheduled to be covered under it.
  • The Central Reserve Police Force (CRPF) will soon deploy about 300 women commandos for undertaking operations in some of the states affected by Naxal Left Wing extremism. Note that : Recently, the Indo-Tibetan Border Police (ITBP) had declared that it will post its women personnel in full combat role at its units along the Sino-Indian border.
  • Bollywood actor Sanjay Dutt, convicted in 1993 Mumbai serial blasts case, is set to be released on February 27 from Pune’s high-security Yerawada Central Prison.
  • Bollywood superstar Aamir Khan, whose comments on perceived intolerance in the country had sparked a controversy, will no longer be the mascot for the government’s ‘Incredible India’ tourism campaign. Note that, the ‘Atithi Devo Bhava’ campaign, part of the ‘Incredible India’ campaign was launched during the UPA regime.
  • The Union Cabinet has given its ex-post-facto approval for the Memorandum of Understanding (MoU) between India and Bangladesh for MoU and Mode of Operation of Border Haats signed on 23.10.2010 with Bangladesh for setting up Border Haats on India-Bangladesh Border ;addendum to the MoU signed on 15.5.2012.
  • Jharkhand Chief Minister Raghubar Das has inaugurated the state’s land bank web portal, “jharbhoom.nic.in” that would help investors know land-related information. It will give information about the land which is available at the district and the circle area level with a click of a mouse.
  • Automotive Research Association of India (ARAI) has parterned with the Vikram Sarabhai Space Centre (VSSC) to develop a battery for passenger cars using technology which is in use to make batteries for space vehicles.
  • The National Green Tribunal has directed the Centre and UP government to take a clear stand on a mechanism to clean Ganga river from Haridwar to Kanpur. The NGT has said Haridwar to Kanpur section of the river contains very high pollution by industrial trade effluents and huge quantity of sewage being discharged into the Ganga.
  • Telangana has become the first State in the country where electronic motor insurance policies have been legally accepted by police and transport departments with the launch of e-Vahan Bima. Note that: The e-Vahan Bima is an electronic motor insurance policy issued in digital form with Quick Response (QR) code to scan for verification of policy details. An SMS-based verification is also installed, which can be stored and accessed on smart phones to make the process of verification easier for commuters as well as police.
  • Former Defence Secretary R K Mathur has been sworn-in as the Chief Information Commissioner. At present, there are seven Information Commissioners : Basant Seth, Yashovardhan Azad, Sharat Sabharwal, Manjula Prasher, MA Khan Yusufi, Madabhushanam Sridhar Acharyulu and Sudhir Bhargava.
    • Note that: The Commission is made up of one chief and 10 Information Commissioners. So, the posts of three Information Commissioners are still vacant.
  • The Justice RM Lodha Committee has  submitted its report suggesting reforms in the Board of Control for Cricket in India (BCCI) to the Supreme Court. Note worthy recommendations of the committee are:
    • Separate governing bodies for IPL and BCCI, with limited autonomy for the IPL Governing Council.
    • To legalise betting.
    • No Minister or government servant should become a BCCI office-bearer.
    • BCCI office-bearer’s term should not exceed more than two consecutive terms and he/she cannot hold 2 posts at the same time.
    • Constitution and establishment of a Player’s association.
  • ISRO is set to launch a regional navigation satellite IRNSS-1E on 20th January 2016 to provide terrestrial and aerial services. This is the fifth navigational satellite which forms part of a constellation of seven satellites meant for setting up the regional navigation satellite system in the country.
  • The government has constituted a One-man committee to examine the wage structure and service conditions of gramin dak sevaks. Kamlesh Chandra, a retired member of the postal services board, will constitute the committee.
  • Prime Minister Narendra Modi has inaugurated the 103rd session of the Indian Science Congress at Mysuru. In his speech Modi gave a new mantra comprising five Es for scientists. These 5E’s are: Economy, Environment, Energy, Empathy and Equity.
  • Music maestro Ilaiyaraja has been selected for Kerala Tourism’s Nishagandhi Puraskaram 2016 for his artistic excellence and contribution to the Indian film music industry. This award carries a purse of Rs.1, 50,000, citation and a statuette.
  • Implementing an announcement made in the Tamil Nadu Assembly in 2014 for farmers welfare, Chief Minister J Jayalalithaa has launched the Amma Seeds scheme. It is aimed at providing quality seeds to farmers. The Tamil Nadu State Seeds Development Agency will act as the nodal body to coordinate the seed farms, production units and farmers.
  • President Pranab Mukherjee gave his assent to the five legislations which have been passed by Parliament in the recently concluding winter session. These legislations are:
    • The Arbitration and Conciliation (Amendment) Act
    • The Scheduled Castes and the Scheduled Tribes (Prevention of Atrocities) Amendment Act
    • The Commercial Courts, Commercial Division and Commercial Appellate Division of High Courts Act
    • The Atomic Energy (Amendment) Act
    • The Payment of Bonus (Amendment) Act
  • The Finance Ministry has asked Public Sector Banks (PSBs) to strengthen their written examination for recruitment of Clerical and sub-staff posts as there will be no interviews for such appointments from this year onwards.

International News Weekly Current Affairs Update – (4 January to 10 January 2016)

By reading the following Weekly Current Affairs 2016, you can know the highlights of the week starting from 4th January to 10th January in brief.

  • An annotated edition of Adolf Hitler’s “Mein Kampf” has gone on sale in Germany.  It is the first version of the manifesto to be published in the country since World War II, and also contains academic notes which are critical of Hitler.
  • Nepal Prime Minister KP Sharma Oli will embark on his first foreign visit post-assumption of office to India in February
  • Indo-French military exercise ‘Shakti-2016’ began at the  Mahajan field firing range in Bikaner, Rajasthan. This exercise is an important step for both the armies to train together and gain from each other’s rich operational experience. Both these countries have troops deployed in counter-insurgency and counter-terrorist operations and therefore sharing each other’s military experiences will pay meaningful dividends.
  • The Union Cabinet under the Chairmanship of Prime Minister Narendra Modi has given its ex-post facto approval to the Agreement between India and Bahrain on Cooperation in the field of Combating International Terrorism, Transnational Organized Crime and Trafficking in Illicit Drugs, Narcotic and Psychotropic Substances and Precursors Chemicals and its ratification.
  • California Governor Jerry Brown has declared a Los Angeles-area gas leak an emergency and have vowed to protect public health and safety.
  • Sri Lanka and Pakistan have signed eight important Memorandums of Understanding (MoU) to enhance the cooperation between the two countries in several fields. Note : These MoUs were signed in the presence of Sri Lankan President Maithripala Sirisena and Pakistani Prime Minister Nawaz Sharif and Sri Lankan Prime Minister Ranil Wickremesinghe.
  • Bollywood Priyanka Chopra has become the 1st Indian to bag an award at the American awards show as she won the Favourite Actress in a New TV Series award at People’s choice awards. She has won this award for her American show Quantico.
  • (6th January 2016) has been observed as the World Day for War Orphans to recognise the plight of a particularly vulnerable groupThis day was initiated by the French organisation, SOS Enfants en Detresses.
  • Filippo Grandi has been appointed as the new High Commissioner for UNHCR (United Nations Refugee Agency). He is  succeeding António Guterres.
  • North Korea has claimed that it has successfully tested a hydrogen bomb. But International community has condemned the act. India has expressed deep concern over North Korea’s act in violation of its international commitments.
  • Pakistan PM Nawaz Sharif has called up PM Narendra Modi and has assured that Islamabad will take prompt and decisive action against terrorists. Both the leaders have spoken in the aftermath of the terrorist attack on the Pathankot airbase. Modi has strongly emphasized the need for Pakistan to take firm and immediate action against the organizations and individuals responsible for the attack.
  • British writer Kate Atkinson has won the Novel-of-the-year prize at Britain’s Costa Book Awards 2015 for the second time in 3 years. She has been awarded for A God in Ruins, a story of war and its aftermath. Note that: With this, Atkinson became the first author to receive the Costa novel prize three timesA God in Ruins in 2016, Life After Life in 2013, Behind the Scenes at the Museum in 1995.
  • 4th january is observed as the World Braille Day. This World Braille Day celebrates the 207th Birth anniversary of French Innovator Louis Braille. He was the inventor of a system of reading and writing for use by the visually impaired.
  • Two Australians, Andrew Turton and Pete Ceglinski have designed a device called ‘Seabin‘ for clean up the ocean trash. This device has been designed in such a way that it cleans up marinas, coves and harbors of the trash that floats around in those areas, before the tides take it out, to be deposited at the bottom of the river, sea or lake, again.
  • A friendship bus service between India and Nepal via Champawat in Uttarakhand has resumed after a gap of 27 years, much to the delight of people on either side of the border who have family and trade ties with each other. Note that: The service had been suspended 27 years back in the wake of the Indo-Nepal Trade and Transit Treaty.
  • China has created three new military bodies as part of reforms to modernize its military and improve its fighting capacity. These are, General command for the People’s Liberation Army, Missile force, and Strategic support force.
  • According to the Press Information Bureau’s recent report, India has moved 13 positions ahead from 65th to 52nd rank in the Tourism & Travel competitive index. according to the list, the Top 10 in the list are: Spain, France, Germany, US, UK, Switzerland, Australia, Italy, Japan, Canada.

Economics News Weekly Current Affairs Update – (4 January to 10th January 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.

  • The central government has given final approval to the proposed Electronic Manufacturing Cluster (EMC) in Chhattisgarh’s upcoming capital Naya Raipur. The proposed EMC to come up in 70 acres area as a special industrial park, will see the manufacturing of television set, CCTV cameras, set-top box, LED lights, computer related equipmentand other electronic gadgets. Here 61 industries would be set up which are expected to draw investments worth around Rs 2,000 crore.
  • Private sector non-life insurance firm SBI General Insurance has appointed Pushan Mahapatra as its new Managing Director and Chief Executive Officer. SBI General Insurance is a joint venture between State Bank of India and Insurance Australia Group.
  • The Reserve Bank of India (RBI) has relaxed norms for the units of banks operating from International Financial Services Centres (IFSC) and permitted them to open foreign currency current accounts. Note that: As per the existing norms, IFSC Banking Units (IBUs) were not allowed to open any current or savings accounts.
  • Online classifieds portal Quikr has announced the merger of real estate listing company CommonFloor.com, making the combined entity the biggest in the market.
  • Shikha Sharma, the managing director (MD) and chief executive officer (CEO) of Axis Bank, has been honored with the Business Standard Banker of the Year award for 2014-15.
  • State-owned power equipment maker BHEL has commissioned two substations in Afghanistan, expanding its footprint in the strife-torn nation. These substations have been commissioned at Charikar, around 60 km from Kabul, and Doshi, around 150 km from Kabul.
  • India’s largest private sector lender ICICI Bank has partnered with FINO PayTech to foray into the payments bank space. With this partnership, ICICI Bank joins some of the leading lenders of the country which have partnered with payments banks.
  • In order to boost entrepreneurship, the Cabinet has approved ‘Stand Up India’ scheme in order to promote entrepreneurship among Scheduled Caste, Scheduled Tribes and Women Entrepreneurs. The Stand up India Scheme will be a refinance window through Small Industries Development Bank of India (SIDBI) with an initial amount of Rs 10,000 crore. Under this scheme, Rs 10 lakh to Rs 1 crore will be provided as loan for greenfield enterprises in the non-farm sector set up by SC, ST and women borrowers. The Scheme is intended to facilitate at least two such projects per bank branch, on an average one for each category of entrepreneur.
  • 45 Indians and Indian-origin people have made it to the Forbes 5th Annual List of 30 under 30. This list features 600 men and women,  who are America’s “most important young entrepreneurs, creative leaders and brightest stars” and are “changing the world” across 20 varied sectors such as consumer technology, education, media, manufacturing and industry, law and policy, social entrepreneurs, science and art and science.
  • The Reserve Bank of India (RBI) Governor, Dr. Raghuram Rajan has been conferred with the Central Banker of the Year Award (Global and Asia Pacific) for 2016 by The Banker, a monthly publication of the Financial Times Group focussing on banking. The Central Banker of the Year 2016 awards celebrate the officials which have best managed to stimulate growth and stabilise their economy.
  • The World Bank has projected a robust 7.8% growth for the Indian economy in the current year. In its Global Economic Prospect report, the World Bank has cited strong investor sentiment in India and the positive effect on real incomes of the recent fall in oil prices.
  • Mobile Internet body IAMAI has appointed FreeCharge co-founder and CEO Kunal Shah as its Chairman.
  • The government has reduced export duty on iron ore pellets to zero from 5 percent, that will make iron more competitive amid subdued demand and weakening prices. Note that: In 2014, the government had levied a 5 percent export duty on iron ore pellets, which are value-added products of leftover material or low-grade iron ore and are used in steel-making.
  • The government has approved an assistance of Rs.2,553 crore for Andhra Pradesh, Odisha and Uttar Pradesh to help them handle the fallout of drought and compensate farmers for crop damage. This will in addition to the Rs.8,594 crore approved at the end of last year for Madhya Pradesh, Maharashtra, Chhattisgarh and Karnataka.
  • The Reserve Bank of India (RBI) has imposed a penalty of 1 crore rupees on an SBI associate bank, State Bank of Travancore (SBT), for violation of some of its instructions, including reporting of data to Central Repository of Information on Large Credits (CRILC).
  • The Odisha government has increased the Value Added Tax (VAT) on petrol and diesel by three per cent each, making the fuel dearer.
  • IT industry body Nasscom has opposed Airtel Zero and Free Basics type platforms which it feels violate net neutrality principles by differentiating internet access for certain types of services.
  • India’s third largest software exporter Wipro has named the former TCS veteran and current chief operating officer Abidali Neemuchwala as its new Chief Executive Officer (CEO). 
  • The LIC (Life Insurance Corporation of India) has launched a new Limited Premium, non-linked, with profit Endowment Plan called LIC Jeevan Labh, which will be available for purchase from 4th January, 2016.
  • Union Road Transport and Highways Minister Nitin Gadkari has announced a 16,500 crore rupees highway package for the state of Telangana. Note that: 1,670 kms of New National Highway projects will be developed in Telangana.
  • Corporation Bank has bagged three awards at the ‘National Payments Excellence Awards 2015’ event. The Corporation Bank has received the award jointly with Indian Bank for ‘Cheque Truncation System’ under the mid-sized category. This function was organised by National Payments Corporation of India (NPCI).
  • State-owned Punjab National Bank has announced that it has launched host of digital banking solutions including green PIN and enhancement of its mobile app.
  • The National Bank for Agriculture and Rural Development (Nabard) has signed a Memorandum of Understanding (MoU) with National Remote Sensing Center (NRSC) for web-based monitoring of watershed projects. The web-based monitoring of Indo-German Watershed Development (IGWDP) projects will happen in three states, Gujarat, Rajasthan and Telangana.

Sports News Weekly Current Affairs Update – (4 January to 10 January 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.

  • Sania Mirza-Martina Hingis pair has won the ‎Brisbane International‬ women’s doubles title.
  • India’s Siril Verma has climbed up a whopping 11 places to occupy the Number One spot in the Junior men’s singles category in the Badminton World Federation (BWF) rankings.
  • South Africa captain Hashim Amla has resigned as immediately after his side drew the second Test against England. AB de Villiers will lead South Africa in the third Test in Johannesburg, which starts on 14 January.
  • India’s Apurvi Chandela has set a new world record by clinching Gold medal in women’s 10 metre air rifle at Swedish Cup Grand Prix. Note that: Chandela has already qualified for the Rio Olympics.
  • Temba Bavuma has become the first black South African to make a test century against England.
  • Mumbai school cricketer Pranav Dhanawade has become the first player to score 1000 runs in a single innings. He has broken the previous record of 628 set by Arthur Collins in 1899.
  • Australia has withdrawn from Under-19 World Cup Cricket tournament in Bangladesh citing security reasons.
  • VVS Laxman’s knock of 281 against Australia in Eden Gardens in 2001 has been rated as the greatest Test performance of the last 50 years.
  • Oil and Natural Gas Corporation (ONGC) has won the 26th Lal Bahadur Shastri hockey tournament by beating Indian Railways.
  • The Indian team has won the 2015 South Asian Football Federation (SAFF) championship for the 7th time.

Obituaries

  • World-renowned French conductor-composer Pierre Boulez, one of the most influential voices in modern classical music has passed away.
  • Jammu and Kashmir Chief Minister Mufti Mohammad Sayeed has passed away.
  • Former Chief Justice of India, Sarosh Homi Kapadia, who delivered some landmark judgements has passed away.
  • Congress leader and former Speaker of Punjab Assembly Harnam Dass Johar has passed away.
  • Hungarian-born cinematographer Vilmos Zsigmond has passed away. He had won an Oscar for his achievements on “Close Encounters of the Third Kind” and a nominee for “The Deer Hunter,” “The River” (1984) and the “The Black Dahlia” (2006).

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2016-10-29T16:19:12+00:00