Daily Current Affairs Updates – 11th August 2017

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Important Daily Current Affairs Updates – 11th August 2017:

Dear Readers, 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.

STATE

Telangana CM Chandrasekhar Rao Initiates Rs. 2,000-cr Sriram Sagar Modernization Project

In an effort to modernize the Sriram Sagar project and increase the area served, Telangana Chief Minister K. Chandrasekhar Rao initiated a Rs. 2,000-crore project that seeks to modernize the project. This project on the Godavari river has the potential to serve several districts in the state. Under the Sriram Sagar project revival and restoration initiative, water from the Pranahitha river, which joins the Godavari, will be diverted at Medigadda and pumped into the Sriram Sagar project.

Useful Info

State – Telangana

Capital – Hyderabad

CM – Chandrasekhar Rao

Governor – E S L Narasimhan

Gujarat First State to Implement Coal Utilisation Between Power Units

The Gujarat government has issued a tender for power developers to receive cheap coal marked for the state in return for selling coal-based power at less than Rs 2.82 a unit. Through the auction, Gujarat will transfer the coal allocated to power generating stations owned by Gujarat State Electricity Corporation (GSECL) to more fuel-efficient private power plants. The aim is to reduce the cost of fuel for financially ailing distribution companies and ensure effective distribution of domestic coal.

Useful Info

State – Gujarat

Capital – Gandhinagar

CM – Vijay Rupani

Governor – Om Prakash Kohli

Uttar Pradesh Government has launched a new awareness drive called Namami Gange Jagriti Yatra

Uttar Pradesh Government has launched a new awareness drive called Namami Gange Jagriti Yatra. The drive will be focusing on cleanliness along the banks of Ganga river and maintain hygiene. The drive will be covering a total area of around 1,025 kms. It will pass through 108 blocks of 25 districts of UP from Bijnore to Ballia alongside the Ganga river.

Useful Info

State – Uttar Pradesh

Capital – Lucknow

CM – Yogi Adityanath

Governor – Ram Naik

Bihar Chief Minister Nitish Kumar launches mobile therapy van for elderly

Bihar Chief Minister Nitish Kumar flagged off mobile therapy vans which would provide basic medical assistance to elderly people, widows and other section who requires social security. The CM flagged off mobile therapy vans to launch “Buniyadi Sanjivani Sewa”.

Useful Info

State – Bihar

Capital – Patna

CM – Nitish Kumar

Deputy CM – Sushil Kumar Modi

Governor – Kesari Nath Tripathi

NATIONAL

Oxford University Press (OUP) has launched online dictionaries in Tamil and Gujarati

After the Hindi version, Oxford University Press (OUP) has launched online dictionaries in Tamil and Gujarati as part of its special focus on Indian languages. Launched in September 2015 Oxford Global Languages (OGL) is a major initiative from Oxford Dictionaries which aims to build dictionaries and lexicographical resources for around 100 of the world’s languages and to make them available online.

Useful Info

Oxford University Press HQ – Oxford, United Kingdom

National Skill Development Corporation (NSDC) and Google India launched Android Skill Development Programme

National Skill Development Corporation (NSDC) and Google India launched Android Skill Development Programme to impart mobile app development training on the Android and Web platform and improve the quality of mobile app development ecosystem in India. Under the initiative, NSDC would introduce a specific course to create applications for the mobile platform that can be used on smart phones and tablets running on the Android operating system.

Useful Info

NSDC – National Skill Development Corporation

Google HQ – Mountain View, California, United States

Google CEO – Sundar Pichai

Supreme Court ordered No renewal of Insurance for vehicles without pollution under control (PUC) certificate

The Supreme Court has issued a set of directions including that insurance companies will not renew insurance of a vehicle unless the owner provides pollution under control (PUC) certificate. The court has considered the suggestions given by Environment Pollution Control Authority (EPCA).

Useful Info

1st CJI – H. J. Kania

Present & 44th CJI – Jagdish Singh Khehar

Upcoming & 45th CJI – Dipak Misra

NCERT launches web portal to supply Textbooks online

Upendra Kushwaha, Minister of State, Ministry of Human Resource Development has launched the NCERT’s Web portal for supply of textbooks to schools and individuals in New Delhi. The portal will ensure better distribution of textbooks across the country.

Useful Info

Minister of state for Human Resource Development – Upendra Kushwaha

Constituency – Karakat, Bihar

NCERT – National Council of Educational Research and Training

INTERNATIONAL

India and the United States will co-host the Global Entrepreneurship Summit at Hyderabad

Prime Minister Narendra Modi has stated that India and the United States will co-host the Global Entrepreneurship Summit at Hyderabad from November 28, 2017. President Donald Trump’s daughter Ivanka will lead the American delegation. The Summit is a unique opportunity for bringing together entrepreneurs and start-ups with global leaders. The summit is being organized by the NITI Aayog in coordination with the Ministry of External Affairs.

Useful Info

Country – United States of America

Capital – Washington D.C

Currency – US Dollar

President – Donald Trump

Ivanka – Daughter of Donald Trump

Facebook Launches ‘Watch’ Competition to Youtube

In an apparent bid to take on Google-owned YouTube, Facebook has rolled out ‘Watch’, a redesigned video platform for creators and publishers. Watch is a platform for all creators and publishers to find an audience, build a community of passionate fans, and earn money for their work. It is personalized to one in discovering new shows, organized around what your friends and communities are watching.

Useful Info

Facebook HQ – Menlo Park, California, United States

CEO – Mark Zuckerberg

BANKING & ECONOMY

BitBay launches trading platform for digital currency

BitBay, one of the top ten cryptocurrency trading platforms in the world, has launched a dedicated platform for trade and exchange of digital currencies such as bitcoin, litecoin, ether, Lisk, monero, dash and gamecredits. The company will also work towards creating awareness about digital currencies and also removing misconceptions related to these currencies in a market like India.

SEBI Allows Multi Commodity Exchange (MCX) to launch Gold Options

The Multi Commodity Exchange Ltd (MCX), the country’s largest commodity exchange has received capital markets regulator Securities and Exchange Board of India’s (Sebi) approval to launch options trading in gold. It will allow investors and hedgers to minimise their price risk at a fraction of cost compared to currently available futures trading.

Useful Info

MCX – Multi Commodity Exchange

Managing Director of MCX – Murgank Paranjape

Flipkart gets $2.5 billion from SoftBank

A fund backed by Japan’s SoftBank has invested close to $2.5 billion in online marketplace Flipkart through primary and secondary share purchases, sources familiar with the matter.

Useful Info

SoftBank HQ – Minato, Tokyo

Markets regulator SEBI has introduced an online registration mechanism for custodians of securities

Markets regulator SEBI has introduced an online registration mechanism for custodians of securities to make it convenient for them to do business. The new system would help custodian of securities to complete registration and other regulatory filings with Sebi much faster and in a cost-effective manner.

Useful Info

SEBI – Securities and Exchange Board of India

Headquarters – Mumbai

Chairman – Ajay Tyagi

SPORT

Davinder Singh Kang, First Indian to Qualify for Javelin Throw Finals

Davinder Singh Kang has become the first Indian to qualify for the final round of the javelin throw World Championships while his compatriot Neeraj Chopra crashed out in the qualification round. He had an 82.22m in his opening throw and then came up with 82.14m in his second. No Indian has ever qualified in the men’s javelin throw final round in any world championship.

Useful Info

IAAF World Championship 2017 – London

AWARD

Gerish Khemani and Akshat Nigam win the prize for ‘In Search of Dariya Sagar’ The Hindu Playwright Award 2017

The Hindu Playwright Award 2017 went to Gerish Khemani and Akshat Nigam for their play ‘In Search of Dariya Sagar’. The other shortlisted works included Deepika Arwind’s ‘The Playwright is Dead’ and K. Madavane’s ‘1947 – The Man from Lahore’, chosen by a panel of three judges from among the 183 entries received.

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