Current Affairs 14th July 2021| Current Affairs News

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CURRENT AFFAIRS : NATIONAL NEWS

Ladakh: 1st UT to achieve 100% first dose coverage

  • Ladakh has become the first Union Territory to vaccinate all residents and the ‘guest population’, consisting of migrant labourers, hotel workers and Nepalese citizens who are earning their livelihood there, with the first dose of Covid-19 jab.
  • According to official data, a total of 89,404 people from all eligible age groups including 18-44 years have been administered the first dose of covid vaccine. The second dose has been administered to 60936 people.
  • This was done in less than three months of starting the third phase of vaccination covering the 18-44 age groups. A total of 6821 Nepalese citizens living in the UT were among those vaccinated. 
  • A wide network of functioning primary health centres and health workers experienced in mass vaccination programmes such as against polio helped pace up the vaccination.

About Ladakh:

  • It was established on 31 October 2019
  • Population: 2.74 lakhs (2011)

CURRENT AFFAIRS : INTERNATIONAL NEWS

Sher Bahadur Deuba to be Nepal’s new PM

  • The Supreme Court of Nepal passed an order to appoint Sher Bahadur Deuba as New PM of Nepal as the PM K P Sharma Oli violated the constitutional Principles.
  • Sher Bahadur Deuba, leader of the Nepali Congress is the new Prime Minister of Nepal.
  • The 75-year old centrist politician was sworn to office by President Bidhya Devi Bhandari .

About Nepal:

  • Prime minister:Sher Bahadur Deuba
  • Capital: Kathmandu
  • Currency: Nepalese rupee
  • President: Bidhya Devi Bhandari

G20 Finance Ministers approve global corporate tax rate of at least 15% during two-day talks in Venice

  • Finance Ministers approved a tax reform for multinationals that aims to put an end to tax havens by introducing a global corporate tax rate of at 15 per cent.
  • The group is mainly made up of member states of the Organization for Economic Cooperation and Development, or OECD.

About G20:

  • The G20 is made up of Argentina, Australia, Brazil, Canada, China, France, Germany, Japan, India, Indonesia, Italy, Mexico, Russia, South Africa, Saudi Arabia, South Korea, Turkey, the UK, the US, and the EU. Spain is also invited as a permanent guest.

Corporation Tax:

  • Corporation tax is a direct tax imposed on the net income or profit that enterprises make from their businesses.
  • G20 would back a minimum global corporation tax rate of at least 15%, and put in place measures to ensure taxes were paid in the countries where businesses operate.

CURRENT AFFAIRS : ECONOMY

 What is a Bitcoin Hardware Wallet?

  • Square’s hardware head, Jesse Dorogusker, announced that the company is going to start building a hardware wallet and accompanying service for cryptocurrency, Bitcoin.
  • The wallet will be a type of plug-in device, much like a USB pen drive that stores, manages and secures a user’s crypto assets.
  • Each digital asset is linked to a cryptographic password called a ‘private key’ to allow users to access it.
  • This key safeguards cryptocurrencies from theft and unauthorised access.

Software vs Hardware Wallet:

  • Cryptocurrency keys can be stored in two kinds of wallets – software and hardware
  • Software wallets are like smartphone apps that digitally store private keys.
  • These wallets can be vulnerable to malware.
  • Hardware wallets and physical devices act like cold storage for confidential keys. The passwords are protected by a PIN, making it difficult for hackers to extract private keys as the information is not exposed to the Internet.

Advantages of Hardware wallets:

  • Hardware wallets are said to be convenient as they can be connected to trading exchanges to complete transactions.
  • Hardware wallets are often stored in a protected microcontroller and cannot be transferred out of the device, making them secure.
  • Their isolation from the Internet also mitigates the risk of the assets being compromised.
  • Moreover, it does not rely on any third-party app.

Disadvantages of Hardware wallets: 

  • Since the wallet is in physical form, the device could be stolen or destroyed.
  • The device can also be expensive as compared to software wallets.
  • Some hardware wallets can also have complex features, making it difficult for first-timers to understand.

World Gold Council (WGC) and Gems and Jewellery Export Promotion Council (GJEPC) sign agreement to promote gold jewellery in India

  • The World Gold Council (WGC) and Gems and Jewellery Export Promotion Council (GJEPC) sign an agreement to promote gold jewellery in India.
  • Under the terms of the agreement, both the partners will jointly fund a multi-media marketing campaign that would aim to increase awareness, relevance and adoption of gold jewelleryamong Indian consumers, especially millennials and the new generation.
  • A Report stated although young women are active gold jewellery consumers, their future purchase intent could be higher.
  • This is especially true in the urban areas and could be achieved if the gold jewellery trade could tap into consumers’ desire for self-expression and prestige
  • This Report finding presents an opportunity for the gold industry to work collectively to make gold jewellery more relevant and contemporary, leading to a consequential shift.

CURRENT AFFAIRS : MOU & AGREEMENTS

MoU signed between ICCR (Indian Council for Cultural Relations) and Delhi University (DU) to set up Bangabandhu Chair at DU as a tribute to Sheikh Mujibur Rahman, the first president of Bangladesh 

  • MoU signed between ICCR (Indian Council for Cultural Relations) and Delhi University (DU) to set up Bangabandhu Chair at DU as a tribute to Sheikh Mujibur Rahman, the first president of Bangladesh
  • This chair was the celebration of the commonality of the world view between Indian and Bangladesh as both countries stand for peace, tranquility, equal respect for all belief systems and democracy.
  • The establishment of the Bangabandhu Chair is a fitting tribute to the great leader Bangabandhu Sheikh Mujibur Rahman.
  • The Chair will focus on the common heritage of the two countries and subjects like Anthropology, Buddhist Studies, Geography, and History, Modern Indian languages including Bangla, Music, Fine Arts, Political Science, International relations and Sociology.

About Bangladesh:

  • Capital: Dhaka
  • Currency: Bangladeshi taka
  • Prime minister: Sheikh Hasina
  • President: Abdul Hamid

CURRENT AFFAIRS : DEFENCE NEWS

Indian Navy Receives 10th Anti-submarine Warfare Aircraft P-8I from Boeing  

  • On July 13, 2021, The Indian Navy received the 10th anti-submarine warfare aircraft P-8I from the US-based aerospace company Boeing.

Purpose :

  • The aircraft is used for maritime reconnaissance and anti-submarine warfare.
  • In 2009, The Defence Ministry had first signed a contract for eight P-8I aircraft & in 2016, it signed a contract for four additional P-8I aircraft.
  • India was the first international customer of Boeing for this aircraft.
  • Remaining two aircrafts are expected to be delivered in the last quarter of 2021.

About P-8I :

  • P-8I is a long-range maritime reconnaissance and Anti-Submarine Warfare Aircraft.
  • The P-8I is a variant of the P-8A Poseidon used by the US Navy.
  • The Indian Navy inducted the first P-8I aircraft in 2013, and the ninth P-8I aircraft was received in November 2020.

About Indian Navy :

  • Founded: 26 January 1950
  • Vice Chief of the Naval Staff (VCNS): Vice Admiral Ashok Kumar
  • Deputy Chief of the Naval Staff (DCNS): Vice Admiral Ravneet Singh
  • Chief of the Naval Staff (CNS): Admiral Karambir Singh
  • Commander-in-Chief: President Ram Nath Kovind

About Boeing :

  • Headquarters: Chicago, Illinois, United States
  • CEO: Dave Calhoun
  • Founder: William E. Boeing
  • Founded: 15 July 1916, Seattle, Washington, United States
  • Chairperson: Dave Calhoun

CURRENT AFFAIRS : SCIENCE & TECHNOLOGY

Cuba develops world’s first conjugate vaccine

  • Cuba has developed the world’s first conjugate Covid-19 vaccine Soberana 2 (Sovereign 2).
  • It is delivered with a booster shot of Soberana Plus, is about 91 per cent effective against symptomatic Covid-19 cases.

About Soberana 2

  • In total, the Soberana 2 is delivered through a three dose regimen. Two shots of Soberana 2 and one of Soberana Plus, when taken in a 0-28-56 day regimen, have an efficacy of 91.2 percent.
  • Soberana 2 is developed by the Finlay Institute in partnership with the Centre for Molecular Immunology and the National Biopreparations Centre

About CUBA:

  • President: Miguel Díaz-Canel
  • Capital: Havana
  • Currency: Cuban Peso

Rare superluminous supernova spotted by Indian researchers

  • The Indian researchers have spotted an extremely luminous, powerful, hydrogen deficient, fast-evolving supernova that shines with the energy borrowed from an exotic type of neutron star with an ultra-powerful magnetic field.
  • Supernovae (SNe) are highly energetic explosions in the universe releasing an enormous amount of energy.
  • Such types of supernovae called SuperLuminous Supernova (SLSNe) are very rare.
  • Deeper investigations could explore the underlying physical mechanisms, possible predecessors, and environments hosting such rare explosions and their possible associations with other energetic explosions like Gamma-ray bursts (GRBs) and Fast Radio Bursts (FRBs).

CURRENT AFFAIRS : BOOKS & AUTHORS

A book titled “The Struggle Within: A Memoir of the Emergency” authored by Ashok Chakravarti           

  • A New Book Titled The Struggle Within: A Memoir of the Emergency by Ashok Chakravarti Authored by Ashok Chakravarti.
  • The book is published by HarperCollins India.

About the Book :

  • The Book deals with the major account of the Emergency (1975-1977), one of independent India’s darkest hours.
  • Over 150,000 people were imprisoned without trial; as many as eleven million forcibly sterilized; and countless killed in police firings or otherwise eliminated.

About Ashok Chakravarti :

  • Ashok Chakravarti is an economist who has been providing policy advice to countries, mainly in the African region, for the past forty years.
  • He is the author of books published in the UK and USA, which focus on the central role of institutions in economic development.
  • Currently , he is Senior Economic Advisor to the Government of Zimbabwe

Vice President M Venkaiah Naidu receives first copy of Terrace Garden: Midde Thota    

  • On July 10, 2021, Vice President M Venkaiah Naidu, the first copy of the English translation of Thummeti Raghothama Reddy’s book- Terrace Garden: Midde Thota.
  • The book, originally written in Telugu & Publisher of the book is Yadlapalli Venkateswara Rao.

About the Book :

  • The Book deals with an insight into the practical methods and techniques that can be adopted while cultivating a terrace garden.
  • The Book chronicles Mr Reddy’s successful journey of developing a fruitful terrace garden at Naarapalle, Hyderabad.
  • It inspires people to take up terrace gardening and is a perfect guide for those who want to nurture a terrace garden of their own.

CURRENT AFFAIRS : SPORTS NEWS

India to host badminton World Championships in 2026          

  • On July 13, 2021, the sport’s global governing body, BWF, announced India will host the World Badminton Championships in 2026.
  • This will only be the second time that India will be hosting the world championship.
  • India had hosted the BWF World Championships in Hyderabad in 2009.

Note : 

  • The 2023 Sudirman Cup, which was originally allotted to India, will now be hosted in Suzhou, China.
  • India has so far won 10 World Championships medals with reigning champion PV Sindhu leading the chart with a gold, two silver, and two bronze medals, while Prakash Padukone won India’s first medal at the World Championships in 1983.

About Badminton World Federation :

  • Headquarters: Kuala Lumpur, Malaysia
  • President: Poul-Erik Høyer Larsen
  • Founded: 5 July 1934
  • It is the international governing body for the sport of badminton recognised by the International Olympic Committee (IOC).
  • Currently the BWF has 176 member nations around the world, organized into 5 continental confederations.

About International Olympic Committee (IOC) :

  • Headquarters: Lausanne, Switzerland
  • President: Thomas Bach
  • Director General : Christophe De Kepper
  • Founded: 23 June 1894, Paris, France
  • Founders: Pierre de Coubertin, Demetrios Vikelas

West Indies Cricketer Chris Gayle becomes 1st batsman to score 14,000 runs in T20 cricket

  • West Indies Cricketer Chris Gayle becomes 1st batsman to score 14,000 runs in T20 cricket.
  • He achieved the feat during the third T20I match between the West Indies and Australia in St Lucia.

About Chris Gayle :

  • Chris Gayle is the only player to score a triple century.
  • Gayle is the first ever batsman to hit 1000 sixes in T20 cricket.
  • He was awarded the Most Valuable Player in the 2011 Indian Premier League and held the Orange Cap in 2012.
  • In 2013, IPL he scored Highest Individual Score of 175 runs in T20 format.

CURRENT AFFAIRS : OBITUARIES

1983 World Cup winning cricketer Yashpal Sharma Passes away

  • On July 13, 2021, Former Indian batsman Yashpal Sharma, who was also a member of the Kapil Dev-led World Cup-winning team, Passed away.
  • He was 66.

About Yashpal Sharma :

  • Yashpal Sharma was an Indian international cricketer.
  • He was an explosive middle order batsman who played during the 1970s and 80s.
  • He was a member of the India team that won the 1983 Cricket World Cup.
  • He represented India in 37 Tests and 42 One Day Internationals (ODIs) between 1978 and 1985.
  • During a career between 1973 and 1993, the Punjab-born cricketer Yashpal played Ranji Trophy for Punjab (47 matches), Haryana (14) and Railways (6).
  • He also served as a national selector for a couple of years and was reappointed to the panel in 2008.
  • In 2014, he was appointed as the head of Delhi’s cricket advisory committee.

Former WWE Wrestler Paul Orndorff Passes Away 

  • On July 12, 2021, Former WWE Wrestler Paul Orndorff Passed Away.
  • He was 71.

About Paul Orndorff :

  • Paul Parlette Orndorff Jr. was an American professional wrestler & he was nicknamed Mr. Wonderful.
  • He was famous for his appearances with the World Wrestling Federation (WWF) and World Championship Wrestling (WCW).
  • He was retired in 2000 
  • He was inducted into the WWE Hall of Fame in 2005 and the National Wrestling Alliance Hall of Fame in 2009.

About WWF :

  • CEO: Vince McMahon
  • Founded: 21 February 1980, Massachusetts, United States
  • Headquarters: Stamford, Connecticut, United States
  • Founders: Vince McMahon, Linda McMahon
  • Chairman & CEO : Vince McMahon
  • Chief Brand Officer : Stephanie McMahon

About World Championship Wrestling (WCW) :

  • Founder: Ted Turner
  • Founded: 11 October 1988
  • Headquarters: Atlanta, Georgia, United States

Daily CA On July 13 :

  • India aims to target over 100 billion “Blue Economy” through its Deep Ocean Mission (DOM) and ocean resources.
  • India’s and Asia’s first National Dolphin Research Centre (NDRC) will come up on the bank of the Ganges in the premises of Patna University
  • China has issued a 3-year action plan on development of the cyber security sector & it expects the size of the cyber security sector to exceed 250 billion yuan by 2023.
  • For harnessing exports potential of agricultural and processed food products of cooperatives as well Farmer Producer Organizations (FPOs), the Agricultural and Processed Food Products Export Development Authority (APEDA) signed Memorandum of Understanding (MoU) with National Agricultural Cooperative Marketing Federation of India Ltd (NAFED).
  • A Memorandum of Understanding (MoU) has been signed for execution of 679 MW Lower Arun Hydro Electric Project in Nepal between Satluj Jal Vidyut Nigam (SJVN) Central Public Sector Enterprise under Ministry of Power, Government of India & Investment Board of Nepal (IBN) in Kathmandu Nepal.
  • The Federal Aviation Administration of the US introduced a new tool, Space Data Integrator, which will help track rocket launches and Space vehicles returning to Earth in a better way.
  • Tech Mahindra to launch Block chain based system to track vaccine supply & it has partnered with startup StaTwig to implement ‘VaccineLedger’ globally.
  • On July 09, 2021, Prime Minister Narendra Modi got the first copy of the book The Ramayan of Shri Guru Gobind Singh Ji written by Late Baljit Kaur Tulsi. The book has been published by Indira Gandhi National Centre for the Arts (IGNCA), New Delhi.
  • On July 09, 2021, Actress Kareena Kapoor Khan has finally launched her book, titled ‘Pregnancy Bible’. The book is Co authored by Aditi Shah Bhimjyani & Published by Juggernaut Books
  • The Haryana government will organise the Khelo India Youth Games 2021 in February 2022.
  • England left-arm spinner Sophie Ecclestone & New Zealand opening batsman Devon Conway have been named as the ICC Players of the Month in June.
  • During the third day of a one-off test match between Bangladesh and Zimbabwe, Senior Bangladesh all-rounder Mahmudullah has announced his retirement from Test cricket.
  • On July 11, 2021, Indo-American tennis player Samir Banerjee won the Wimbledon boys’ singles title 2021 against compatriot Victor Lilov at the All England Club.
  • Italy won the European Championship trophy defeating England 3-2 in penalty shoot-out in the Euro 2020 final at Wembley Stadium in London.
  • On July 10, 2021, Former India and Rajasthan pacer Pankaj Singh Pankaj Singh announced retirement from all forms of cricket.

Daily CA On July 14 :

  • Ladakh has become the first Union Territory to vaccinate all residents and the ‘guest population’, consisting of migrant labourers, hotel workers and Nepalese citizens who are earning their livelihood there, with the first dose of Covid-19 jab.
  • The Supreme Court of Nepal passed an order to appoint Sher Bahadur Deuba as New PM of Nepal as the PM K P Sharma Oli violated the constitutional Principles.
  • Finance Ministers approved a tax reform for multinationals that aims to put an end to tax havens by introducing a global corporate tax rate of at 15 per cent.
  • Square’s hardware head, Jesse Dorogusker, announced that the company is going to start building a hardware wallet and accompanying service for cryptocurrency, Bitcoin.
  • The World Gold Council (WGC) and Gems and Jewellery Export Promotion Council (GJEPC) sign an agreement to promote gold jewellery in India.
  • MoU signed between ICCR (Indian Council for Cultural Relations) and Delhi University (DU) to set up Bangabandhu Chair at DU as a tribute to Sheikh Mujibur Rahman, the first president of Bangladesh
  • On July 13, 2021, The Indian Navy received the 10th anti-submarine warfare aircraft P-8I from the US-based aerospace company Boeing.
  • Cuba has developed the world’s first conjugate Covid-19 vaccine Soberana 2 (Sovereign 2).
  • The Indian researchers have spotted an extremely luminous, powerful, hydrogen deficient, fast-evolving supernova that shines with the energy borrowed from an exotic type of neutron star with an ultra-powerful magnetic field.
  • A New Book Titled The Struggle Within: A Memoir of the Emergency by Ashok Chakravarti Authored by Ashok Chakravarti. The book is published by HarperCollins India.
  • On July 10, 2021, Vice President M Venkaiah Naidu, the first copy of the English translation of Thummeti Raghothama Reddy’s book- Terrace Garden: Midde Thota.
  • On July 13, 2021, the sport’s global governing body, BWF, announced India will host the World Badminton Championships in 2026.
  • West Indies Cricketer Chris Gayle becomes 1st batsman to score 14,000 runs in T20 cricket. He achieved the feat during the third T20I match between the West Indies and Australia in St Lucia.
  • On July 13, 2021, Former Indian batsman Yashpal Sharma, who was also a member of the Kapil Dev-led World Cup-winning team, Passed away.
  • On July 12, 2021, Former WWE Wrestler Paul Orndorff Passed Away.

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