Daily Current Affairs Updates–15th November 2016:
Meghalaya became the first state to start India's first Cherry Blossom Festival, which is widely celebrated in Japan. The four-day festival will also provide opportunities to showcase the unique beauty of pink and white cherry blossoms as well as Meghalaya's traditional arts, culture and cuisine to the naturalists and tourists. Chief Minister MukulSangma inaugurated India's first Cherry Blossom Festival in this state capital of Meghalaya, where cherry blossoms are in full bloom in several parts of the city and the suburbs.
The US has announced two financial projects worth 95 million US dollars in India to bring more energy-efficient appliances to rural sector, as part of its efforts to continue the global transition to zero-and-low carbon energy sources. The White House said the US has committed 75 million dollars in Overseas Private Investment Corporation (OPIC) financing for renewable energy projects in India.
It has also announced to launch a 20 million dollar partnership this week with the philanthropic sector to bring more efficient appliances to Indian villages. Known as US-India Clean Energy Finance program (USICEF), it will address a key financing gap in the Indian distributed solar market by funding early-stage project preparatory work, it said.
Suzuki Motor Corporation has announced to set up an industrial training institute in Mehsana district of Gujarat next year. This industrial training institute will be known as ‘Japan-India Institute for Manufacturing-JIM’. This industrial training institute will be set up to cooperate on the human resource development in the manufacturing sector in India under the ‘Manufacturing Skill Transfer Promotion Program’.
The decision has been taken following an agreement between the governments of India and Japan recently. The JIM will offer seven technical courses i.e. fitter, electrician, mechanic diesel, motor mechanic vehicle, mechanic auto body repair, mechanic auto body paint repair and welder.
Thiruvananthapuram has been termed as the country's breast cancer capital, with cases at a record high of 40 per lakh of population. 9 lakh women are diagnosed with breast cancer every year.The revelation was made during the Kerala Chapter of Indian Radiological and Imaging Association (IRIA) Conference.
The Asia-Pacific Economic Cooperation (APEC) Forum's Week started at Lima in Peru today bringing together leaders of world's largest economies, businessmen and investors. A creation of Free Trade Area of the Asia-Pacific, which would include all APEC states, is one of the main topics on the agenda of the 2016 APEC Summit that is widely seen as the premier business event drawing together business and economic leaders of 21 Pacific Rim countries.
The creation of a free trade zone that would include all APEC members is viewed as an alternative to the TPP, which excludes China and Russia, was framed by US President Barack Obama in an effort to guarantee US economic leadership in the region before Beijing does.
The Jan Dhan accounts with deposits above 50,000 will be closely scrutinised by the government following reports that many were using the accounts to park illegal incomes, Economic affairs secretary Shaktikanta Das announced on Tuesday. As per reports, hoarders of unaccounted money used bank accounts of the poor to deposit cash and then withdraw it.
Axis Bank, India's third largest private bank on Tuesday announced partnership with a Singapore-based fintech platform to launch intelligent banking chat bots that will bring mobile banking services for its customers in the form of a conversational interface. The partnership with Active Intelligence Pte (Active.ai) will enable users to chat through the banks's mobile banking app and messaging platforms like Facebook Messenger, Axis Bank said in a statement.
Reserve Bank of India has directed banks to waive off ATM charges on all transactions at own banks as well as others till December 30.In a late night notification, RBI said this facility will be applicable at both financial and non-financial transactions and is not limited by number of times a customer makes transactions.
The RBI notification further said that the waiver is applicable on transactions done at ATMs with effect from November 10 till December 30, 2016, subject to review.In case of charges levied for transactions done at other bank ATMs during this window, the fee will be reversed. There are about 2 lakh ATMs of different banks across the country.
IMF Managing Director Christine Lagarde has said, India's national income will increase by 27 per cent, if the participation of women in the workforce matches the level of men. Delivering a speech on "Women's Empowerment: An Economic Game Changer" in Los Angeles yesterday, Mr. Lagarde said equal pay and better economic opportunities for women boost economic growth.
She said, if women were to participate in the labour force to the same extent as men, national income could increase by five per cent in the US, nine per cent in Japan, and 27 per cent in India. Lagarde said, better opportunities for women also promote diversity and reduce economic inequality around the world.
India and Israel today inked two agreements in the field of water resources management and agriculture the agreements were signed following delegation level talks between Prime Minister NarendraModi and visiting Israeli President ReuvenRivlin in New Delhi. In a joint press statement, Mr Modi said, India and Isreal agreed to further enhance cooperation to deal with the growing threat of terrorism and radicalisation.
Japan and South Korea on Monday signed a preliminary pact to share and safeguard information about North Korea's missiles and nuclear activities. The 'General Security of Military Information Agreement' was originally intended to be signed in 2012 but was postponed by South Korea amid domestic opposition. This comes after North Korea conducted its fifth and biggest nuclear test recently.
Hollywood actor Jackie Chan received his little gold statuette, an honorary Oscar for his decades of work in film on November 13th at the annual Governors Awards. Jackie Chan was born in Hong Kong on 7th April 1954. He was named Chan Kong Sang. Chan is the son of Lee-Lee and Charles Chan, who emigrated to Canberra.
Brazilian novelist Paulo Coelho and Nigerian writer ChimamandaNgoziAdichie are among the 200 authors who have penned short stories on, "what I want for every child" for UNICEF's campaign 'Tiny Stories'. Written in over 10 languages, the stories highlight universal rights children are entitled to. Launched to mark UNICEF's 70th anniversary, the campaign will run until November 20.
SCIENCE & TECHNOLOGY
Swiss major Molinari Rail will set up a manufacturing and assembly centre for auxiliary power units for diesel locomotives in India by next year. Molinari Rail AG has entered into a strategic pact to design, manufacture and deliver the auxiliary power units (APUs) for 1,000 diesel locomotives to be built in India for Indian Railways.
International Master Padmini Rout scores a hat-trick in the National Women Premier Chess Championship in New Delhi yesterday, Padmini played out a hard fought draw with her Petroleum Sports Promotion Board (PSPB ) teammate EeshaKaravade that helped her to secure a hat-trick of title wins. Ending her tally with eight points from 11 games, Padmini managed to put an end to a series of mediocre performances that saw her rating go down by over seventy points. The Odisha girl was at the top of her game right through and did not face any challenge in her quest to strike for gold.
S Vijayalakshmi of Air India won silver medal while Eesha bagged bronze
The victory ensured that Padmini will be a part of the Indian women team in the next World team chess championship in which the Indian eves qualified by virtue of their performance in the last Chess Olympiad.
The other two confirmed members of the team are:
Grandmasters Koneru Humpy and D Harika while the remaining two places will be decided most likely according to February rating list.
Indian golfer SSP Chawrasia clinched the $1 million (6.8 crore) Resorts World Manila Masters in the Philippines on Sunday, his first ever Asian Tour title outside India. Chawrasia beat Malaysian Nicolas Fung and American Sam Chen on the final day of the tournament. It was the 38-year-old's fourth Asian Tour win overall.
The Japanese wrestling tournament of Grand Sumo Kyushu began on Sunday in the Japanese city of Fukuoka. The tournament, which lasts for 15 days, is witnessing participation from sumo wrestlers from around the nation spread across six different ranking divisions. The tournament was established in 1957 and is the sixth and final sumo wrestling tournament of the year.
Mota Singh, an Indian-origin Sikh, who became UK’s first-ever ethnic minority judge to sit on the English Bench wearing a turban instead of a horse-hair wig, died.He was 86. Mota Singh, a Ramgarhia Sikh, was born in 1930 in Nairobi, Kenya
Veteran RSS leader and leading educationalist of Saurashta region PravinManiar passed away at Rajkot, Gujarat. He was 82.Pravin was Born on September 1, 1935,he held various key posts in Gujarat RSS, the organisation for which he dedicated over six decades of his life. He was also involved in various educational institutes including VVP Engineering college and SarashwatiShishuMandir