Wednesday, 26 April 2017

Daily Update On Current Affairs - April 26, 2017

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Here's your daily summary of Current Affairs.

International Conference On Dara Shikoh To Be Held

The international conference on “Dara Shikoh: Reclaiming Spiritual Legacy of India” will be held on April 27 and 28. The conference will be organised by the Indian Council Of Cultural Relations (ICCR). The conference will see the participation of eminent scholars from the US, Iran, Afghanistan, Tajikistan, Uzbekistan, Kazakhstan and India. The objective of the conference is to highlight Dara Shikoh’s contributions to bring about spiritual homogenisation of Hinduism and Islam and his initiatives in building a cohesive social and cultural edifice in India

IIITM-K Develops App For Coffee Growers

Indian Institute of Information Technology and Management-Kerala (IIITM-K) has launched an application named Kaapi Soil Health Management and Monitoring (Kshemam) app to provide soil nutrient information and fertiliser recommendation for coffee plantation owners. The app will help in proper identification of optimum levels of fertiliser use. Farmers by entering information like geographic coordinates or their administrative divisions can check the soil property, nutrient status and fertiliser recommendations for their land. In addition, the spatial variation of individual nutrients can also be thematically visualised with the help of this app. By using this app, the farmers can generate fertiliser recommendation, nutrient advisory and soil health card in English, Kannada, Tamil or Malayalam

GNFC Wins Golden Globe Tigers Award

Gujarat Narmada Valley Fertilisers and Chemicals Ltd (GNFC) has won the prestigious Golden Globe Tigers Award for Excellence and Leadership in CSR for the year 2017 in the category of ‘E-Payment Leadership’. GNFC has been awarded for the implementation of digital transactions in its township at Bharuch (Gujarat). Award was given to GNFC at Golden Globe Tigers Night 2017 held at Kuala Lumpur, Malaysia. The event saw the participation of global CSR leaders from over 43 countries. This is the second award for GNFC in this category. It has already won the Golden Peacock Award for its cashless innovation.
Gujarat Narmada Valley Fertilisers & Chemicals Limited is a state-owned manufacturer of fertilizers and chemicals. It was founded in 1976. It emerged as the first fertiliser company in the country to adopt a cashless economy successfully. GNFC’s township in Bharuch, Gujarat, became the first 100% cashless township of India. Recently, Prime Minister had launched GNFC’s replicated cashless township model in 81 integrated townships across 12 states.

Cows To Get Aadhar Like ID

The central government has informed the Supreme Court that it intends to provide a unique identification number for cows as suggested by an expert committee to track cattle and prevent their trafficking. According to the August 2016 report submitted by the committee constituted by the home ministry, the unique ID will have the details like cattle’s age, breed, sex, height, body colour, horn type, tail switch, lactation profile (in the case of milch cattle) and other special marks. The IDs are proposed to be provided in the form of a polyurethane tag. In addition, the registration proof has to be maintained by the owner of the cattle which should be transferred to the next owner in case of legitimate transfer of the cattle. The committee has also recommended that a state-level database may be uploaded to a website that links with a national online database. The response of the government was submitted to Supreme Court which was hearing the PIL filed by Akhil Bharat Krishi Gosewa Sangh.

India’s First Sea Rope Way To Connect Mumbai & Elephanta Island

India’s first and longest ropeway is planned to be constructed by the Mumbai Port Trust to link Mumbai with the famous Elephanta Island in the Arabian Sea. Elephanta Island has got global recognition for its famed Elephanta Caves, a UNESCO World Heritage site. The 8-km long ropeway will start from Sewri in Mumbai’s east coast and end at Elephanta Island at Raigad district. The 40-minute ride by a 20-seater cable car is expected to boost tourism as it offers a magnificent view of mudflats on the east coast especially during the flamingo season, the mangroves as well as the Mumbai Trans Harbour Link to the north. At present, the islands are accessible only by ferries from the mainland and take around an hour for the 10-km cruise. Other details like the cable height and capacity of cars are being worked out.

Sensex Surges 287 Points, Nifty Hits A Record High Of 9,307; Rupee Climbs To A Nearly 21-Month High Against The Dollar

At the domestic stock markets, the Nifty closed above the 9,300-mark for the first time ever, today, while the rupee hit a multi-month high against the dollar. The Nifty at the National Stock Exchange jumped 89 points, or 1 percent, to a record closing high of 9,307, on broad-based buying by investors. The Sensex at the Bombay Stock Exchange surged 287  points, to 29,943. At the forex market, the rupee strengthened 18 paise, to a nearly 21-month high of 64.26 against the dollar. Gold declined 50 rupees, to 29,600 rupees per ten grams in Delhi. And Brent crude oil futures climbed 8 cents, to 51.68 dollars a barrel

Indian Bank’s Quarterly Net Profit More Than Triples

Indian Bank posted a standalone net profit of Rs 319.70 cr. for the quarter ended March 31, 2017, marking an increase of 241% over the Rs 93.62 cr. recorded in the same period in the previous year, on higher net interest income and CASA. The better performance is also attributed to improvement in funds management and other income. Net Interest income rose 22% to Rs 1385 cr., while total income rose to Rs 4602 cr. from Rs 4522 cr.

Merging PSU Banks Will Help, Says RBI Governor

Reserve Bank of India Governor Urjit Patel has said that the Indian Banking system could be better off if some Public Sector Banks are consolidated, to have fewer but healthier entities, as it would help in dealing with the problem of stressed assets. He said that since there were cooperative banks and micro financial institutions to provide community level banking, some banks can be merged, as a quid pro quo for timely government technical injection.

India And Armenia Sign Three Agreements In The Field Of Culture, Youth Affairs And Peaceful Use Of Space

India has signed three agreements with Armenia for enhancing cooperation in the field of culture, youth affairs and peaceful use of space. Briefing media after Vice President Mohammed Hamid Ansari’s day-long engagement with top Armenian leadership, Secretary East, Preeti Saran said, the visit in the silver jubilee year of diplomatic relation has given a new vigour to the bilateral relations.

US Submarine Arrives In South Korea Amid Worries Of Another North Korean Missile Or Nuclear Test

US submarine has arrived in South Korea, amid worries of another North Korean missile or nuclear test. The missile-armed USS Michigan is set to join an incoming group of warships led by aircraft carrier Carl Vinson. North Korea is celebrating its army's 85th founding anniversary today. It has previously marked similar occasions with missile tests. Tensions have risen on the Korean peninsula in recent weeks as the US and North Korea exchange heated rhetoric. Meanwhile, in an unusual event, the entire US Senate has been asked to attend a briefing on North Korea tomorrow at the White House.

April 25th - World Malaria Day

The WHO celebrated the 25th April as the World Malaria Day, all over the world. India is trying to close the gap in Malaria prevention.

India Win 16 Medals, Including Three Gold, At US Open Karate Championship

India finished with a rich haul of three gold, two silver and 11 bronze medals at the US Open Karate Championship held in Las Vegas. Shaifali Agarwal and Abhishek Sengupta won a gold medal, a silver in two different individual events. India also won a gold medal in the team event. The Indian team was led by Sensei Yashpal Singh Kalsi.

101 Years Old Woman Wins Sprinting Gold Medal At The World Masters Games In Auckland

101 years old Man Kaur has won the 100 Meters Sprint Gold Medal at the World Masters Games in Auckland on 24th April 2017. Including this, she has won 17 Gold Medals so far. Man Kaur took up athletics eight years ago, at the age of 93. She had no prior experience in running until she was 93. She completed the 100M sprint in 74 sec. She was the only contestant in the 100 years plus category at the event.

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