29 May 2016

Daily Current Affairs Updates– 29th May 2016

Daily Current Affairs Updates– 10th May 2016
Daily Current Affairs Updates–29thMay 2016:
Daily Current affairs News Updates about the National and International events were listed here. Candidates those who are preparing for IBPS/SBI/PO/Clerk exam and all other competitive exams can use this.


DAYS TO REMEMBER:
International Day of UN Peacekeepers: 29 May

·      The International Day of United Nations Peacekeepers is being observed on 29th May of every year.
·     The day was established to pay tribute to all the men and women who have served and continue to serve in UN peacekeeping operation and for their high level of professionalism, dedication and courage. It also honors the memory of all those who peacekeepers who have lost their lives in the cause of peace.
·         The theme for the 2016 International Day of UN Peacekeepers is ‘Honouring our Heroes.’
Menstrual hygiene day observed on 28th May:
·         Menstrual hygiene day, an annual global initiative for breaking taboos and raising awareness about the importance of menstrual hygiene management (MHM), is observed on May 28.
·     The day was first introduced by the NGO 'WASH United' in 2014. Notably, the NGO has worked with UNICEF in India to formulate national MHM guidelines, which were implemented in December 2015.
NATIONAL:
'40% of electricity from renewables by 2030'

·      Renewable energy will account for 40% of the world's electricity output by 2030, up from the current 22%, International Renewable Energy Agency (Irena) Director General Adnan Amin has said.
·      The expansion will be possible due to lower technology costs but the real challenge for renewables will be capturing crude oil’s market share in heating, cooling and transportation products, he added.
Indian Museum makes replica artefacts for blind
·         The Indian Museum in Kolkata has taken up a pilot project that will enable visually challenged visitors to feel replicas of some of the artefacts and read about them in Braille signages.
·         The authorities are working with the Blind Persons' Association to prepare Braille signages in Hindi, English and Bengali.
·         The Braille gallery will be inaugurated on June 5.
J&K govt spent Rs322 cr on assistance to migrants

·         The Jammu and Kashmir government said it spent nearly Rs.322 crore on providing cash assistance to Kashmiri migrants from March 2014 to April 2016.
·         Further, over Rs18 crore was spent for providing food grains to migrants registered under relief category in Jammu, it said, adding that the migrants are currently provided a monthly assistance of Rs2,500 per person.
Railway conducts trial for high-speed Talgo trains

·         Indian Railways conducted the first ever trial run for high-speed Talgo trains of Spain on the Bareilly-to-Moradabad stretch in Uttar Pradesh.
·         "The test train consisted of one locomotive fit for 180 kmph along with one VIP coach, one first class coach, one cafeteria coach and four second class coaches," a statement from the ministry said.
·         The second trial run will be conducted on the Palwal-to-Mathura section of the North-Central Railway.
30% Driving licenses in India bogus: Gadkari
·         Transport Minister NitinGadkari has said that 30% of the driving licenses issued in India are bogus, citing official data that reported around 5.4 crore fake licenses out of the collated 18 crore licenses.
·         To check this practice, Gadkari said, the ministry will start an online system where computerised tests will be conducted to obtain licenses with complete transparency.
J&K bans sale of loose cigarettes, tobacco

·         The Jammu and Kashmir government has issued a notification banning the sale of loose cigarettes, beedis and tobacco in the state with immediate effect.
·         This is aimed at discouraging the consumption of tobacco products, especially among the youth, said a spokesperson.
·         Notably, as per the Global Adult Tobacco Survey 2010, cigarette consumers in J&K are more than the national average.
INTERNATIONAL:
India, Australia sign MoU to enhance R&D capabilities in biotech
·         India and Australia have signed a Memorandum of Understanding (MoU) to enhance research and development (R&D) capabilities in biotechnology by launching a joint funding call.   
·         The MoU was signed between India’s BIRAC (Biotechnology Industry Research Assistance Council) and Horticulture Innovation Australia.
Pakistan bans advertisements for contraceptives
·         Pakistan has banned advertisements for contraceptives, birth control, and family planning products on the television and radio, citing concerns they expose "innocent children" to the subject of sex, reports said.
·         The Pakistan Electronic Media Regulatory Authority said it was responding to complaints from parents.
·         The ban comes despite a government initiative to encourage birth control.
Maldives to achieve 3.5 per cent GDP growth this year, says IMF
·         Maldives is expected to achieve a 3.5 per cent real GDP (gross domestic product) growth this year, according to the International Monetary Fund (IMF).
·         The multilateral agency, which recently held consultations with the authorities of Maldives, said the country’s economy, “after outperforming its peers for several years,” slowed sharply in 2015 to 1.5 percent from 6.5 percent the previous year, as tourism arrivals decelerated
Former Argentine dictator jailed for 20 years
·         Former Argentinian dictator Reynaldo Bignone (88) has been sentenced to 20 years imprisonment for conspiring to assassinate leftist dissidents as part of Operation Condor in the 1970s and 1980s.
·         Fourteen ex-military officials have also been jailed over the operation, which was coordinated by dictatorships of numerous nations. Some estimates claim that at least 60,000 people were killed.
BANKING NEWS:
IOB posts net loss of Rs.936 crore
·         Indian Overseas Bank posted a net loss of Rs. 936.19 crore in the quarter ended March 31, 2016, as compared to a net profit of Rs.35.50 crore in the corresponding period of the previous year, due to higher provisions.
·         Total income declined to Rs.6,157.72crore from Rs.6,704.03 crore.
·         In the year ended March 31, 2016, the bank posted a net loss of Rs.2,897.33crore against a net loss of Rs.454.33 crore in the corresponding period of the previous year.
·         Total income was lower at Rs.26,045.55crore against Rs.26,076.93 crore.
'RBI to lower rates by another 50 bps in FY17'
·         The RBI is expected to cut the key interest rates by another 50 basis points (bps) in the ongoing fiscal, according to financial services firm Morgan Stanley.
·         Earlier, the RBI had reduced its policy rates in April by 25 bps to 6.5%.
·         The central bank is expected to keep the rates unchanged during its next meeting in June, it added.
Public sector banks install 14k ATMs in 2015-16
·         State-owned banks installed a total of 13,935 automatic teller machines (ATMs) during the 2015-16 fiscal but missed their cumulative target of 15,249, according to data disclosed by 27 banks.
·         With this addition, the total number of ATMs of PSU banks rose to over 1.42 lakh at the end of March, with the country's biggest lender SBI having 49,724 ATMs.
Central Bank posts Rs.898 crore loss
·         Central Bank of India reported a loss of Rs.898 crore for the quarter ended March 31, 2016, as compared to a profit of Rs.174 crore during the same period of the previous year due to increase provisioning for non-performing assets.
·         Its gross non-performing assets (NPAs) almost doubled to Rs.22,720.88 crore as on March end which was 11.95 per cent of gross advances as of March 2016, from 6.09 per cent year ago.
·         The bank has made a provisioning of Rs.2,286crore for the fourth quarter. For the full year, it reported a consolidated loss of Rs.1,396.37crore as compared to a profit of Rs. 666.06 crore in the previous fiscal.
BUSINESS NEWS:
Complaints against Snapdeal, Amazon ads upheld
·         The Advertising Standards Council of India has upheld consumers complaints against Snapdeal, Amazon and Just Dial advertisements.
·         While “Snapdeal Accessories Mela – Flash sale at just Rs.11/-” was termed ambiguous, Amazon's commercial “Easy Returns” was slammed for omitting terms and conditions.
·         Further, Just Dial's claim "JD Verified" was slammed for giving wrong sense of security to the viewers.
FPIs pull out 6k cr from debt markets in May
·         Foreign Portfolio Investors (FPIs) have pulled out 5,986 crore from the Indian debt markets in May (till May 27).
·         They have invested 1,495 crore in the equity markets during the period, leading to a net outflow of 4,491 crore.
·         A weakening rupee and the possibility of a rate hike by the US Federal Reserve led to the outflow, analysts said.
Intel buys self-driving car tech startup Itseez
·         Intel acquired San Francisco-based startup Itseez, which has developed advanced driver assistance systems for self-driving cars, for an undisclosed amount.
·         Itseez equips cars with lane departure warning, traffic sign detection, forward collision warning and pedestrian detection.
·         The acquisition is part of Intel’s strategic shift from chip maker to cloud computing and Internet of Things.
APPOINTMENTS:
Vice Admiral AR Karve takes charge of Southern Naval Command
·   Vice-Admiral AR Karve on Sunday took charge as the Flag Officer Commanding-in-Chief of the Southern Naval Command (SNC) from Vice Admiral GirishLuthra.
·         An impressive ceremonial parade was held at the Naval base on the occasion which was followed by the traditional 'Pulling Out' ceremony in which the outgoing Commander-in-Chief, Luthra was ceremonially pulled out in a jeep by Flag Officers and Commanding Officers of ships and naval establishments of Kochi, amidst emotional 'Jai'- 'Jai' by the men of SNC.
·         Earlier in the day, Vice Admiral Karve laid wreath at the War Memorial, prior to assuming command, as a tribute to the thousands of martyrs who had fought for the country, Navy said in a statement.
AWARDS AND HONORS:
Indian-American scientist wins Springer Theses Award
·         An Indian-American scientist Arnab De has received the prestigious Springer Theses Award in recognition for his outstanding research in which he developed transgenic mice to study a critical tumour-suppressor called A20.
·         ArnabDe’s thesis was nominated by New York’s Columbia University. Before this, Mr. De, who has also developed peptide-based prodrugs as therapeutics for diabetes, had received the Young Investigator Award at the American Peptide Symposium.
·         The thesis prize is awarded by Springer, a leading global publisher of renowned scientific journals and books, to recognise outstanding PhD research.
President Pranab Mukherjee to present MaltiGyanPeethPuraskars today
·         President Pranab Mukherjee on Sunday will present the MaltiGyanPeethPuraskars for the year 2016 at a function in RashtrapatiBhavan.
·         The MaltiGyanPeethPuraskar was instituted by Mohinder Singh Syngle Education and Research Society in honour of its founder MrsMaltiMohinder Singh Syngle, eminent educationist and social worker.
·         Every year government school teachers from Punjab government's high and higher secondary schools receive this award for their contributions in the field of education.
SCIENCE AND TECHNOLOGY:
Doctors in Mathura perform first successful heart surgery on 9-month-old
·         In the first-of-its kind surgery in Western UP, a team of surgeons were able to conduct a complex and rare pediatric heart operation on a 9-month-old baby.
·         Mathura’s Nayati multi super specialty hospital today announced successful life changing pediatric cardiac surgery on the child, who had multiple holes in the heart.
·         Master Devender, son of Mr. Govind Singh, was having repeated respiratory tract infection since few months of birth.
Govt to cancel defence tenders of Finmeccanica
·         The government has decided to cancel all ongoing tenders for defence equipment won by Italy's Finmeccanica as a precursor to blacklisting of the firm, Defence Minister ManoharParrikar said.
·         However, the annual maintenance of already acquired defence equipment will be continued with the firm, he added. Notably, Finmeccanica is being investigated for bribery in the AgustaWestland VVIP chopper deal.
UK startup makes alarm clock that brews coffee
·         A UK-based startup has developed 'The Barisieur', an electric alarm clock that can also brew a cup of coffee or tea.
·         While users need to fill the clock's compartments with water, coffee and milk before sleeping, the clock automatically brews the beverage at the set time and wakes up the users.
·         It also has a USB port for charging phone.
ISRO to launch record 22 satellites in a mission
·         The Indian Space Research Organisation (ISRO) will be launching a record number of 22 satellites in a single mission in June.
·         Of the 22 satellites, three are Indian and the rest are all commercial ones, said ISRO Chairman Kiran Kumar on Saturday.
·         Earlier in 2008, the space agency had sent 10 satellites into orbit in a single mission.
Bengaluru launches 'Intelligent' app for buses
·         The Bengaluru Metropolitan Transport Corporation (BMTC) has launched an Android app called the BMTC Easy Travel Information Planner, which enables commuters to keep a track of real-time bus movements.
·         It gives commuters suggestions regarding bus routes, and records whether buses skip stops, over speed or are delayed.
·         It is reportedly the first such system in India.
SPORTS NEWS:
Paes-Hingis reach mixed doubles quarters
·         The Indo-Swiss pair of Leander Paes and Martina Hingis advanced to the quarterfinals of the ongoing French Open after defeating fourth seeds YaroslavShvedova and Florin Mergea 2-6, 7-5, 10-6.
·         Meanwhile, the men's doubles pair of RohanBopanna and Florin Mergea defeated the combination of Brian Baker and Marcus Daniell 6-2, 6-7 (4-7), 6-1 in the third round.
Real Madrid wins its 11th Champions League title
·         Real Madrid defeated Atletico Madrid 5-3 in the penalty shoot-out to win their eleventh Champions League title.
·         The Los Blancos have won the Champions League the most number of times.
·         Real manager ZinedineZidane became only the seventh person in history to win the Champions League or the European Cup, as it was called earlier, as both player and manager.
Kyrgios gets largest fine in French Open history
·         Australian tennis player Nick Kyrgios was handed a $6,200 fine, the largest ever in French Open history, after he uttered an audible obscenity during his third round loss to Richard Gasquet.
·         The 21-year-old was fined after the tournament officials reviewed the footage of his 2-6, 6-7 (7-9), 2-6 straight sets defeat against his French opponent.
India only country to win 60, 50, 20-over WC
·         India is the only country to have won the 60, 50 and the 20-over Cricket World Cups.
·         After winning the last 60-over World Cup under KapilDev's leadership in 1983, India won the 20-over and 50-over World Cups under MS Dhoni's captaincy in 2007 and 2011 respectively.
·          Interestingly, only the West Indies have a chance of equalling the feat.
Ricciardo earns first F1 pole at Monaco
·         Australian Daniel Ricciardo seized the first pole position of his Formula One career at the Monaco Grand Prix.
·         World Championship leader, NicoRosberg will join him on the front row for Mercedes.

·         Triple world champion Lewis Hamilton qualified in third place. This was Red Bull's first pole since the 2013 Brazil Grand Prix.





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