Daily Current Affairs Updates– 11th January 2016

    Daily Current Affairs Updates– 7th January 2016
    Daily Current Affairs Updates– 11th January 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.

    NATIONAL AFFAIRS:

    1). India Post rides e-commerce boom, reaps big rewards:

                 For India Post, the boom in e-commerce deliveries is proving to be a big money spinner, especially the surging cash-on-delivery consignments of the country’s top online sellers Amazon, Snap deal and Flipkart-Myntra.
                 The postal department’s revenues by ways of COD consignments from e-commerce majors have more than doubled in the first nine months of this fiscal at Rs 1,000 crore, up from Rs 500 crore during the whole of 2014-15, and just Rs 100 crore in 2013-14.
                 The incremental e-commerce revenue boosts are at the heart of his plans to revive the fortunes of India’s postal service.
    2). Delhi govt to consider restricting use of firecrackers at weddings:

                 In November, soon after Diwali, a committee under the environment secretary had started reviewing various aspects of pollution caused by firecrackers. Officials said the committee may submit its recommendations to the government in two months.
                 The environment department was also considering bringing down the permissible decibel levels (145 decibels) of firecrackers and putting a stop to the use of certain metals such as copper, barium and strontium in their manufacture to bring down air pollution levels.
    3). Plan to install 2,500 Wi-Fi hotspots by next fiscal:
    The Government is targeting to reach the 50-crore internet subscribers mark in the next 6-7 months, besides installing 2,500 Wi-Fi hotspots at 256 places by the next fiscal.
                 The minister was speaking at the inauguration of stock exchange BSE’s free
    WI fi service to public, which has been launched in partnership with Tata Docomo.
                 The WI—fi hotspot project will provide a major fillip to the ‘Digital India’ initiative.
    4). Telangana University opens e-resource centre for TSPSC exams:
                 In a way, students of Telangana University are lucky as they have a beautiful library, which is replete with sufficient amount of material useful for competitive examinations. The library was inaugurated recently and has all kinds of English and Telugu magazines, daily newspapers and referral books.
                 Registrar of Telangana University Prof. R. Limbadri said that there was no dearth of magazines, books and resource persons at the varsity to coach for aspirants appearing for competitive examinations.
    5). International Kite festival started in Ahmadabad:

                 Gujarat Chief Minister Anandiben Patel on 10 January 2016 inaugurated the 28th edition of International Kite Festival at Sabarmati River front in Ahmadabad, Gujarat.
                 The five-day annual event saw participation of about 98 foreign kite flyers from 28 different nations and 55 participants from 8 different states and 28 kite flyers from Gujarat.
    SCIENCE AND TECHNOLOGY:
    6). ISRO conceives two ‘space parks’:

                 Two space industry enclaves or “parks” that have been conceived one for launchers at Sriharikota and a smaller one at an existing Bangalore spacecraft campus signal increased privatization of the nation’s space program me over the next five years.
                 First, ISRO wants to groom and engage domestic industry in the launch vehicles area from integrating sub-systems up to assembling, and even launching the PSLV.
                 Eventually the future consortium will be fully responsible for building and launching the light-lift PSLV rocket.
    7). DRDO successfully test fired New Tank Ammunition for Arjun MBT:
                 Defence Research and Development Organization (DRDO) on 6 January 2016 successfully test fired the new Penetration-Cum Blast (PCB) and Thermobaric (TB) Ammunition tank at Chandipur, Odisha.  This was specially designed for Arjun Main Battle Tank (MBT).
                 About The New Ammunition Tank:
                 The ammunitions was developed by Pune based DRDO laboratories Armament Research and Development Establishment (ARDE) and High Energy Materials Research Laboratory (HEMRL).
                 An innovative chemical composition was developed by HEMRL after extensive research for the TB ammunition.
                 During the development phase, these ammunitions were evaluated against different simulated targets which are armour plates, concrete structures and fortifications.
    8). Snap deal marketing head quits:
                 Srinivas Murthy, Senior Vice President of Marketing, at e-commerce major Snapdeal, has put in his papers to start his own venture.
                 Murthy added that he will announce his venture in the next few months.
                 This is the second major exit at Snapdeal after its Head of Strategy Ranjan Kant quit joining online apparel retailer Jabong as its Chief Marketplace Officer.
                 The e-commerce space in the country has been witnessing significant churn at the executive level with players often bringing professionals onboard with varied experience levels.
    BUSINESS AND ECONOMY:
    9). Domestic IT spends to grow 13.5% in 2016:
                 IT spending in the domestic market is expected to grow 13.5 per cent to Rs. 1.91 lakh crore this year.
                 According to research firm Core Quadrant, the domestic IT industry revenue in India is expected to grow to Rs. 1.91 lakh crore in 2016, against a spending of Rs. 1.68 lakh crore in 2015.
                 This will be driven by a broader set of digital initiatives, beyond the limited focus on mobility, cloud, and social media in 2015.
    10). Reliance Group to invest Rs 5K crore in naval unit:
                 Reliance Group has proposed to set up a naval shipbuilding facility in Rambilli, near Visakhapatnam. The group will be investing Rs 5,000 crore in phases in the proposed state-of-the-art facility.
                 Reliance Group chairman Anil Ambani, who announced this during the CII Investor Partnership Summit, signed a memorandum of understanding (MoU) with the Andhra Pradesh government in this regard.
    AWARDS AND HONOURS:
    11). Kate Winslet leads early Golden Globes winners:
                 Kate Winslet led the early winners at the Golden Globes as an unapologetic Ricky Gervais kicked off the glitzy ceremony by taking shots at some of Hollywood’s biggest names.
                 Winslet was visible shocked as she won best supporting actress for her role as Joanna Hoffman in biopic “Steve Jobs,” saying she was “extremely surprised and overwhelmed.”
    OBITUARY:
    12). Noted Hindi writer Ravindra Kalia passed away:
                 The writer is known for his works like Nau Saal Chotti Patni andGhalib Chutti Sharab.
                 The writer had been honored with Uttar Pradesh (UP) Premchand Memorail Award, UP Sahitya Bhushan Award, UP Lohia Award, Punjab Government’s Shiromani award and Pdumlal Bakshi Award of Madhya Pradesh Government.
    13). Maria Teresa de Filippis, first female Formula One driver, died:
                 Maria Teresa de Filippis, the first woman to compete in a world championship Formula One grand prix, passed away on 8 January 2016 in Italy. She was 89.
                 De Filippis participated in five World Championship Grand Prix; however, she scored no championship points. Although she remained largely unsuccessful in her Formula One racing career, she is remembered as a pioneer in motor racing, a sport dominated by men.
    SPORTS:
    14). Stanislas Wawrinka won third consecutive Chennai Open title:
                 Stanislas Wawrinka on 10 January 2016 won his Chennai Open title. In the summit clash at the Nungambakkam tennis stadium of Chennai, he defeated Croatian Borna Coric 6-3; 7-5.This is the fourth Chennai Open title for the Swiss player and the third consecutive win, who first won it in 2011.
                 He extended his run of dominance in Chennai to a 12-match win streak, including 24 consecutive sets won. The Swiss completed the first three-peat in tournament history, becoming the ninth different active player to do so at an ATP World Tour event. The 30 year old notched his 12th tour-level crown overall and eighth on hard courts.
    15). Hardik Pandya smashes 39 runs in an over to surpass T20 world record in Syed Mushtaq Ali Trophy 2015-16:
                 Pandya an all-rounder hit medium-pacer Akash Sudan in every corner of the ground, managed to concede 39 runs in that very over to achieve a record for the most runs
    16). Colin Munro creates T20 record as New Zealand thrashes Sri Lanka to clinch series:
                 Martin Guptill hit the fastest half-century by a New Zealand batsman, only for Colin Munro to better it moments later as the hosts needed just 10 over’s to rout Sri Lanka by nine wickets in their Twenty20 match on Sunday, winning both matches of the series.
                 Munro’s half century, which included seven sixes, was the second-fastest in all T20 internationals, behind only a 12-ball 50 by India’s Yuvraj Singh.
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