Wednesday, 28 June 2017

Daily Update On Current Affairs - June 28, 2017

current affairs
Here's your daily summary of Current Affairs.

Prime Minister Narendra Modi And US President Donald Trump Vow To Strengthen Efforts To Fight Terrorism

Prime Minister Narendra Modi and US President Donald Trump have vowed to strengthen efforts to fight terrorism and eliminate safe havens for terrorists. In a joint statement issued at the White House following delegation-level talks, the two leaders affirmed their support for a U.N. Comprehensive Convention on International Terrorism that will advance and strengthen the framework for global cooperation. Mr Modi said the two countries will enhance intelligence exchange in respect of terrorist organisations. In his address, US President Donald Trump said, the relations between the two countries have never been stronger and better. He said India has a true friend in the White House.

India And The Netherlands Sign Three Agreements

On the last leg of his three-nation tour, Prime Minister Narendra Modi held discussions with his Dutch counterpart Mark Rutte at the Hague. During their discussion, both leaders reaffirmed their countries' commitment towards the Paris climate deal. The two sides also resolved to strengthen collaboration in renewable energy sector. In a joint press statement after the talks, Mr. Modi said, Netherlands is a natural partner in India's development and has emerged as the third largest source of FDI in the last three years. India and Netherlands signed three agreements on water management, cultural cooperation and on amending social security arrangement. The MOUs were signed in the presence of Prime Minister Narendra Modi and his Dutch counterpart Mark Rutte.

Supreme Court Refuses To Pass Interim Order Against Government Notification Making Aadhaar Mandatory

The Supreme Court today refused to pass any interim order against the Centre's notification making Aadhaar mandatory for availing benefits of various social welfare schemes. The vacation bench said, no interim order can be passed at this stage on the mere apprehension of petitioners that government may deprive people of availing benefits of various social welfare schemes due to lack of Aadhaar. During the hearing, Additional Solicitor General Tushar Mehta told the bench that the Centre has extended the June 30 deadline to September the 30th for those who do not have Aadhaar and are availing the benefits of various social welfare schemes. The apex court posted the matter for further hearing on July 7.

ADB Loan For Uttar Pradesh

The Uttar Pradesh Government has signed an agreement with Asian Development Bank ADB for a loan of 1950 crore rupees for the strengthening of roads in different districts. The agreement was signed at Lucknow in the presence of Chief Minister Yogi Adityanath and ADB President Takehiko Nakao.

World’s First ATM Celebrates Its 50th Birthday

The world’s first ATM (automated teller machine) celebrates its 50th anniversary. In the past five decades, ATM machines have heralded a transformation in the way people obtained and used cash. The ATM machines were the brainchild of Scottish inventor Shepherd-Barron. The first ATM was opened on June 27, 1967, by Barclays Bank in Enfield, north London. English actor Reg Varney became the first person to withdraw cash from the first ATM machine. At present, there are over 3 million cash machines across the globe. Around 70,000 cash machines are present in the UK alone.

EU Slaps Google With 2.42 Billion Euros Fine

The European Union’s competition watchdog has fined Google a record 2.42 billion euros for breaching the anti-trust rules by illegally favouring its shopping service. The European Commission regulates EU competition rules. According to the European regulators, Google has abused its market dominance by offering an illegal advantage to its another product, its comparison shopping service.

Romania: Mihai Tudose Named As Prime Minister Designate

In Romania, President Klaus Iohannis has appointed outgoing economy minister Mihai Tudose as Prime Minister and thus paved the way for the formation of a new leftist Social-Democrat-led government in that country. According to the President of Romania, the decision has been taken keeping in mind the political crisis that risked damaging the country’s record economic recovery. The ruling Social Democrat Party (PSD) was ousted from the power following an internal power struggle. PSD filed a no-confidence motion against ex-Prime Minister Sorin Grindeanu for causing delays in implementing reforms. Grindeanu has been ousted from power barely six months after PSD swept back to victory in elections.

Kaushik Basu Takes Over As President Of IEA

Kaushik Basu has taken over as president of the International Economic Association (IEA). Basu will serve a three-year term as the President. Kaushik Basu has served as India’s chief economic adviser from 2009 to 2012. He has also served as senior vice-president and chief economist at the World Bank from 2012 to 2016. At present, Basu is the C. Marks Professor of International Studies at Cornell University.

Indian Men's & Women's Throwball Teams Bag Gold Medals In World Games

The Indian men's & women's throwball teams bagged a gold medal each in the World Games, held at Kathmandu, Nepal. The women's team defeated arch-rivals Pakistan 15-13, 15 -12 in a nail-biting final to clinch the title, while the men posted a 15-13, 15-12 win over Bangladesh in their final match to finish at the top of the podium. This was the first time that the Indian teams had participated in these Games, which took place from June 15 to 18. The World Games, organised by the International Sports Council (Canada), saw participation from 11 countries, competing in 42 different categories.

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