7 Jul 2016

Daily Current Affairs Updates– 7th July 2016

Daily Current Affairs Updates– 10th May 2016
Daily Current Affairs Updates– 7th July 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.

·        Global Forgiveness Day
·        International Day of Cooperatives
·        World Chocolate Day

Union Government constitutes Shankar Acharya Committee to examine desirability and feasibility of new financial year:
·        The Union Finance Ministry has constituted four members committee to examine the feasibility and desirability of having a new financial year.
·        The committee has been tasked to examine the merits and demerits of various dates for the commencement of the financial year including the existing date (April to March) by taking into account the various relevant factors.
·        The committee will be headed by Dr. Shankar Acharya (former Chief Economic Adviser).
·        Besides it will consist of PV Rajaraman (former Finance Secretary, Tamil Nadu), KM Chandrasekhar (former Cabinet Secretary) and Dr. Rajiv Kumar (Senior Fellow, Centre for Policy Research) as its members.
Goa government to distribute 15 lakh free LED bulbs:

·        Under the Centre’s ‘Ujala Scheme’, the Goa government will distribute 15 lakh free LED bulbs to 4.89 lakh consumers between July 8 and 17.
·        The state will save ₹6 crore due to reduction of electricity consumption," Goa Power Minister Milind Naik said.
·        The state government has earmarked ₹11 crore for the procurement of the bulbs, Naik added.
Union Government launched National Green Highways Mission:
·        Union Minister of Road Transport & Highways and Shipping Nitin Gadkari launched the National Green Highways Mission (NGHM) in New Delhi.
·        Under this initiative, plantation drive on 1500 km of National Highways was launched at a cost of about 300 crore rupees.
231 Projects under Namami Gange launched all over country:

·        Water Resources Minister Uma Bharti inaugurated 231 projects under the Namami Gange Programme.
·        The projects were inaugurated from Haridwar, Uttarakhand in various locations in different states namely Uttrakhand, Uttar Pradesh, Bihar, Jharkhand, West Bengal, Haryana and Delhi.
·        These projects involve modernization and redevelopment of Ghats and crematoriums, development of sewage infrastructure and treatment, afforestation, tree plantation, pilot drain project, interceptor drain project, trash skimmers and conservation of biodiversity.
India to get world's largest camera museum:
·        The Municipal Corporation of Gurgaon and photographer Aditya Arya are set to launch the world's largest camera museum in Gurgaon on August 19, World Photography Day.
·         'The Museo Camera – Centre of Photography' will showcase almost 700 cameras curated by Arya. The museum will also display around 800 original patents of cameras dating back to the 1800s.
S&P cuts Australia's credit rating outlook to negative:

·        Standard & Poor's (S&P) Global Ratings has cut Australia’s credit rating outlook to negative from stable.
·        This comes after Saturday's federal elections failed to deliver either the ruling Liberal-National coalition or the opposition Labor Party a strong mandate.
·        Further, S&P said there is a “one-in-three chance" that Australia's AAA credit rating can be downgraded within the next two years.
Liberty Park opens at World Trade Center in NY:
·        The Liberty Park opened at the World Trade Center in New York on June 29. The one-acre elevated park, which overlooks the World Trade Center site, will be open to the public between 6 am and 11 pm on all days.
·        Notably, the Saint Nicholas Church, which was destroyed during the 9/11 attacks, is presently being rebuilt in the park.
Deepak Singhal appointed as the Chief Secretary of Uttar Pradesh:

·        1982 batch IAS officer Deepak Singhal was appointed as the Chief Secretary of Uttar Pradesh.
·        Singhal succeeds 1978 batch officer Alok Ranjan, who retired on 30 June 2016 after a three-month extension of service.
·        He will also hold additional charge of Principal Resident Commissioner of UP in New Delhi, and chairman of the Pradeshiya Industrial & Investment Corporation of UP (PICUP).
Zee Learn appoints Debshankar Mukhopadhyay as CEO:

·        Zee Learn, education branch of Essel Group, appointed Debshankar Mukhopadhyay as Chief Executive Officer (CEO).
·        Essel Group is among India’s most prominent business houses with a diverse portfolio of assets in media, packaging, entertainment, education etc.
R Thiruppathi Venkatasamy appointed as Accountant General of Tamil Nadu:

·        R Thiruppathi Venkatasamy was appointed as the Accountant General of Economic and Revenue Sector Audit of Tamil Nadu with immediate effect.
·        His appointment was approved by the Union Government.
·        Venkatasamy is a 2000 batch officer of Indian Audit and Accounts Service.
SBI launches social media banking platform SBI Mingle:
·        The State Bank of India (SBI) launched SBI Mingle, a social media banking platform for Facebook and Twitter users.
·        The platform was launched by SBI Chairman Arundhati Bhattacharya, on the occasion of 61st State Bank Day that is observed on 1 July every year.
Assam girl breaks 50-year-old DU record:
·        Shusmita Neog from Assam has broken a 50-year-old Delhi University record by scoring 91.8% in the recently declared MA results in Geography from Delhi School of Economics.
·        According to reports, she managed to break the 50-year record of Dr Rakha Tullah Khan who had scored 79%.
·        Shusmita currently works as an assistant professor at Miranda House, University of Delhi.
India ranks 91 in Networked Readiness Index 2016:
·        India was placed at 91st position in the Networked Readiness Index (NRI) 2016 that was released by the Geneva-based World Economic Forum (WEF).
·        The index was released as the part of the WEF’s Global Information Technology Report 2016.
·        Singapore leads the Index followed by Finland, Sweden, Norway and the United States.
·        Finland, Switzerland, Sweden, Israel, Singapore, the Netherlands and the US are leading the world when it comes to generating economic impact from investments in information and technology.
·        India (91st) was ranked the lowest among the BRICS countries- Russia (41st), China (59th), South Africa (65th) and Brazil (72nd).
Avast acquires antivirus maker AVG for $1.3 bn:
·        Security giant Avast Antivirus today announced to have acquired Czech-based antivirus software maker AVG in an all-cash deal worth around $1.3 billion.
·        The transaction has been unanimously approved by the Management Board and Supervisory Board of Avast.
India tops air passenger growth globally in 2015:
·        India's domestic air passenger market grew the fastest in the world in 2015, at a rate of 18.8%, International Air Transport Association (IATA) said in a report.
·        India's performance surpassed Russia's (11.9 %), China's (9.7 %) and the US' (5.4%) growth, IATA stated.
·        Further, officials said airlines ferried 3.6 billion passengers (around 48% of the Earth’s population) in 2015 globally.
Royal Enfield to hold 1st women Himalayan Odyssey:
·        The annual Royal Enfield Himalayan Odyssey has introduced an all-women edition this year, wherein 20 women will begin a 17-day-long motorcycling journey from New Delhi on July 9.
·        The 2,200-kilometre-long journey includes stops along Leh, Khardung La and Tso Moriri. Meanwhile, 75 riders will participate in the 13th edition of the 2016 Royal Enfield Himalayan Odyssey beginning July 9.
Google buys image recognition startup Moodstocks:
·        Google announced that it has acquired Moodstocks, a startup based out of Paris that develops machine-learning based image recognition technology for smartphones.
·        Moodstocks said that its current paying customers will be able to use its services until the end of their subscription.
New Tarantula species named after Nobel laureate Gabriel Garcia Marquez:
·        Scientists has named a newly discovered species of tarantula (a big hairy spider) was named as Kankuamo Marquezi after the famed Colombian novelist and 1982 Nobel Prize in Literature winner Gabriel Garcia Marquez.
·        The species was discovered in large number in an isolated mountain range in Caribbean Colombia.  It was named after him as homage to the country where it was found.
·        It was discovered by a group of Uruguayan and Colombian scientists, led by Carlos Perefan from the University of the Republic of Uruguay
Federer sets record for most wins in Grand Slam:
·        Seventeen-time Grand Slam champion Roger Federer surpassed Martina Navratilova’s record for the most number of wins in Grand Slam singles matches, after beating Marin Cilic in Wimbledon quarter-final.
·        This was Federer’s 307th win in Grand Slam singles, and his 84th victory at Wimbledon, equalling Jimmy Connor for the most number of wins at Wimbledon in the Open Era.
Dipa becomes India's first 'World Class Gymnast':
·        Gymnast Dipa Karmakar became the first Indian to be certified as 'World Class Gymnast' by the Fédération Internationale de Gymnastique.
·        The 22-year-old is also the first ever Indian female gymnast to qualify for the Olympic Games. Dipa, who hails from Tripura, had earlier won a bronze medal for India at the 2014 Commonwealth Games


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