26 Aug 2016

Daily Current Affairs Updates–26th August 2016

Daily Current Affairs Updates–26th August 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:
Women's Equality Day: August 26th

·        Women's Equality Day is a day proclaimed each year by the United States President to commemorate the granting of the vote to women throughout the country.
·        Women in the United States were granted the right to vote on August 26, 1920, when the 19th Amendment to the United States Constitution was certified as law. The amendment was first introduced many years earlier in 1878.
·        Every president has published a proclamation for Women's Equality Day since 1972, the year after legislation was first introduced in Congress by Bella Abzug. This resolution was passed in 1971 designating August 26 of each year as Women's Equality Day.
NATIONAL:
Odisha govt holds investors' meet in Bengaluru today
·         The Odisha government is holding an investors' meet in Bengaluru today. It is part of the celebrations to mark 80 years of Odisha and birth centenary of its former Chief Minister BijuPatnaik.
·         At the meet, Chief Naveen Patnaik will have discussions with business captains of the industry.
·         The state government has organised the meet in an attempt to encourage investments in sectors like manufacturing, IT, electronics, petrochemicals, food processing and tourism.
·         MrPatnaik is expected to unveil its Odisha Start-up Policy, 2016 which aims to create 1,000 start-ups in the next five years in the state.
·         On the inaugural day of the event yesterday, State Industries Minister Debi Prasad Mishra and Energy Minister PranabPrakash Das along with senior State government officials met business captains.
Meghalya Dy CM & Health Minister resign from Council of Ministers
·         In Meghalaya, Deputy Chief Minister Rowell Lyngdoh and Health Minister AL Hek have resigned from the Council of Ministers.
·         After meeting Governor V Shanmuganathan, Chief Minister MukulSangma told reporters in Shillong on Thursday that he has submitted the names of former Assembly Speaker Martin Danggo and Government Chief Whip Ronnie V Lyngdoh for induction in the Cabinet.
·         Their swearing-in will be held at the Raj Bhavan today.
·         This is the first major reshuffle by MrSangma after the general elections two years ago.
Laptops worth Rs. 75 crore distributed to meritorious students in MP
·         In Madhya Pradesh, Laptops worth Rs. 75 crore have been distributed as a reward in the last six years to over 39,000 meritorious students for performing excellently in 12th class.
·         AIR Bhopal correspondent reports that the number of the students is increasing every year after introduction of Meritorious Student Promotion Scheme.
·         The number of meritorious students was 472 in the year 2009-10 which now has gone up to 18, 000. About 9200 students of government schools and 8500 students of private schools have got laptops under the scheme.
·         Their parents have appreciated this scheme and there is a great enthusiasm in students also.
·         The criteria of 85 percent marks to be scored in the examination has been reduced to 75 percent marks for Scheduled Caste and Scheduled Tribe students.
Union Minister Maneka Gandhi launches POCSO e-box
·         Women and Child Development Minister Maneka Sanjay Gandhi today launched Protection of Children from Sexual Offenses, POCSO e-box, in New Delhi.
·         POCSO e-box is a platform where a child victim of sexual abuse can report such cases online.
·         It is initiative of National Commission for Protection of Child Rights, for Direct online Reporting of Child Sexual Abuse.
·         Minister of State for Women and Child Development Krishna Raj and other dignitaries were also present on the occasion.
PM to chair meeting of his Council of Ministers today
·         Prime Minister NarendraModi will chair a meeting of his Council of Ministers today to review the implementation of budgetary and cabinet decisions by various ministries since his government came to power.
·         This is the first major review exercise since the Cabinet reshuffle last month.
·         Similar meetings are being held since January this year where detailed presentations made before the council of Ministers.
·         The meeting is also expected to discuss the government's key priority schemes over the next three years.
Nagaland Assembly ratifies constitution amendment bill on GST
·         Nagaland Assembly on Friday ratified the landmark constitutional amendment bill for the roll out of the Goods and Services Tax (GST), which was passed by the Parliament earlier this month.
·         Chief Minister T.R. Zeliang, who is also Minister-in-charge of finance, moved a resolution for ratification of the bill during the one day special session which began early Friday morning.
·         The sixty member house unanimously ratified the bill after which the house was adjourned sine die.
BANKING NEWS:
RBI asks banks to provide loans to women self-help groups in rural areas at 7% per annum
·         RBI has asked banks to provide loans to women self-help groups in rural areas at 7 per cent per annum, as per the government's revised guidelines for the current financial year.
·         The Reserve Bank said in a notification that all women self-help groups (SHGs) will be eligible for interest subvention on credit up to three lakh rupees at 7 per cent per annum under the DeendayalAntyodayaYojana - National Rural Livelihoods Mission in 250 districts.
·         It said, SHGs availing capital subsidy under the Swarnajayanti Gram SwarozgarYojana in their existing credit outstanding will not be eligible for benefit under this scheme.
BUSINESS/ECONOMY NEWS:
India’s GDP to expand by 7.9% this fiscal: Goldman
·        Indian economy is expected to clock 7.9 per cent growth in the current fiscal driven by better monsoon, government pay hike, key reforms and FDI inflows, Goldman Sachs has said.
·        The global financial services major said the GDP is expected to improve gradually and for the April—June quarter it may slow a tad to 7.8 per cent, in part due to unfavorable base. It had grown at 7.9 per cent in the previous quarter.
·        It further noted that a better monsoon, civil service wage hike following 7th Pay Commission, a favorable fiscal monetary policy mix, the recent passage of key reforms and continued FDI inflows should all support growth.
AWARDS AND HONORS:
Dhyan Chand Lifetime Achievement Award will be conferred with the Jharkhand Dungdung
·        Dhyan Chand Lifetime Achievement Award will be conferred with the Jharkhand Dungdung Former Olympian Silvanus Dungdung Major Dhyan Chand Lifetime Achievement Award will be rewarded.
·        Many poor and remote village in Jharkhand's Simdega living Silvanus Dungdung the hockey stick made of bamboo and dried fruit custard apple started off by making your game.
·        Dhyan Chand was an Indian field hockey player, who is considered as one the greatest field hockey player of all time.
·        He is known for his extraordinary goal-scoring feats, in addition to earning three Olympic gold medals (1928, 1932, and 1936) in field hockey, during an era where India was the most dominant team in Hockey.
SCIENCE AND TECHNOLOGY:
CTTC-Bhubaneswar signs agreement with ISRO
·        Central Tool Room and Training Centre (CTTC), Bhubaneswar, has signed an agreement with ISRO for technology transfer and a contract for supply of spacecraft component.
·        Under the agreement, Indian Space Research Organisation would transfer three types of temperature-sensor technology to CTTC to further strengthen its manufacturing capability, Managing Director of CTTC-Bhubaneswar, S Maity said in a statement today.
NASA's Kepler discovers first Earth-size Planet in the 'Habitable Zone' of another star
·        Kepler-186f is the first validated Earth-size planet to orbit a distant star in the habitable zone— the range of orbits around a star within which a planetary surface can support liquid water given sufficient atmospheric pressure.
·        The discovery of Kepler-186f confirms that Earth-size planets exist in the habitable zones of other stars and signals a significant step closer to finding a world similar to Earth.
·        The size of Kepler-186f is known to be less than ten percent larger than Earth, but its mass, composition and density are not known.
·        Kepler-186f resides in the Kepler-186 system about 500 light-years from Earth in the constellation Cygnus.
SPORTS NEWS:
BCCI submits 1st Compliance Report to Lodha Panel panel
·        The BCCI has submitted the first Compliance Report to the Supreme Court-appointed Justice RM Lodha Panel in regards to the implementation of reforms as per the apex court verdict.
·        A source close to the panel told PTI that BCCI Secretary Ajay Shirke submitted the report last evening. According to the source, BCCI said they are preparing a list of all ineligible office bearers and will circulate them to the members shortly.
·        The panel is expected to meet in the coming days and the Compliance Report is likely to come up for discussion.
·        The Lodha Panel wants 11 reforms to be implemented by the 15th of October.
·        BCCI has already filed a Review Petition with the Supreme Court seeking recusal of Chief Justice of India TS Thakur from the case. None of the state associations will carry out any reforms till the verdict of the Review Petition is out.
Sri Lanka's TillakaratneDilshan retires from ODIs
·        Sri Lanka's TillakaratneDilshan will quit international cricket after the ongoing limited overs series against Australia.
·        Dilshan on Thursday said that he has decided to retire from the One-Day Internationals after the third match in Dambulla on Sunday and will play the two Twenty20s and then retire completely.
·        Dilshan made his one day debut against Zimbabwe in 1999 and has, so far, played 329 ODIs. He has amassed 10,248 runs that include 22 hundreds. He has scored 1,884 runs in 78 Twenty20 Internationals, so far.
Abhinav Bindra to head NRAI review committee on Rio debacle
·        India's first and only individual Olympic gold-medallist Abhinav Bindra has been named Chairman of a five-member review committee to probe the shooters' Rio Games debacle.
·        However, he has rescued himself from questioning them as he was himself a part of the team.
·        The National Rifle Association of India (NRAI) said the mandate of the committee is to "examine and identify in a cold and ruthless manner" the causes behind shooting not securing any medals at the Rio Olympics.
·        The committee is also mandated to recommend concrete steps that NRAI must immediately undertake to ensure that this is not repeated in future Olympics.
Badminton Rankings: SainaNehwal drops 4 places to be 9th; PV Sindhu remains at 10th position
·         Ace Indian shuttlerSainaNehwal has dropped four places in the latest world rankings to be at the number nine spot.
·         PV Sindhu, despite winning India's first ever Silver medal in Badminton at the Rio Olympics, remained world number 10.
·         Sindhu had won the Silver after beating three higher-ranked players - world number four Yihan Wang of China, number three Japanese NozomiOkuhara and number seven Tai Tzu Ying of Chinese Taipei.
·         On the other hand, Saina, the London Olympics Bronze medalist, had failed to progress to the knock-out stage at Rio in a shock early exit. On her return home, Saina underwent a knee surgery and is likely to be out of action for as long as four months.
·         In the Men's rankings, KidambiSrikanth, who lost to Lin Dan in the quarterfinals at Rio, gained a place to break into the top 10.



      
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