Daily Current Affairs Updates– 12th February 2016

    Daily Current Affairs Updates– 12th February 2016
    Daily Current Affairs Updates– 12thFebruary 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:

    Union Government released National Framework for Malaria elimination:

    ·       Union Health and Family Welfare Minister Jagat Prakash Naddareleased the National Framework for Malaria Elimination at New Delhi
    ·       Mr. Nadda saidIndia is committed to eliminate Malaria from the country.Minister said prevalence and deaths due to Malaria have declined in the past decade.
    Prime Minister to launch smart card scheme for unorganised workers:
    ·       Prime Minister Narendra Modi will soon launcha smart card scheme for over 40 crore unorganised workers in the country to provide them various social security benefits like insurance and pension.
    ·       Union Labour Minister Bandaru Dattatreya said this at launch of Global Network Operations Centre of the Employees’ Provident Fund Organisation in New Delhi yesterday.
    ·       He said within one month Prime Minister Narendra Modi will launchsmart card called Unorganised Workers’ Identification Number (UWIN) card.
    PM paid tributes to Pandit Deendayal Upadhyay on his death anniversary:

    ·       Prime Minister Narendra Modi paid tributes toPandit Deendayal Upadhyayaon his death anniversary on February 11, 2016. In his message, Mr Modi said the life of Pandit Deendayal was devoted to serving the nation and the poor.
    ·       He said, government remains committed to his idea of Antyodaya or serving the last person in the society.
    27% reservation for backward classes in Private sector recommended by National Commission for Backward classes:
    ·       The recommendations of National Commission forBackward Classes for 27 per cent reservation for OBCs in private sector jobs has evoked favourable reactions from political parties.
    ·       BJP spokesperson Bizay Sonkar Shastri said that there is valid ground for reservation in private sector but it can be provided only after creating a conducive atmosphere and it should not be imposed.
    ·       He said, there is valid ground for working towards making a conducive atmosphere as private sector gets many government concessions, including tax rebates and infrastructure like land and water at a concessional rate.
    Elephanta Island off the coast of Mumbai to receive electricity from August 15:

    ·       Nearly 1,200 residents of the Elephanta island,famous for its Hindu cave sculptures and located around 10 km off Mumbai coast, will have electricity from the Independence Day this year.
    ·       Elephanta, a popular tourist destination, despite its proximity to the country’s financial capital and housing caves which were designated as aUNESCO World Heritage site, is still without electricity.
    New Land revenue act became effective in Uttar Pradesh:
    ·       In Uttar Pradesh, the new land Revenue Act become effective from February 11, 2016.
    ·       The new code unifies many Acts and replaced at least 39 old land revenue acts. The new revenue act now also replaced the pre and post British era old acts of 1901 and 1950.
    ·       Chief Minister Akhilesh Yadavon 6th February launched this new revenue code booklet at a programme in Lucknow.
    Tamil Nadu Government expressed its desire to sign MoU with Indian Railways:

    ·       The Tamil Nadu government has expressed its desire to enter into a memorandum of understanding with theMinistry of Railways for implementing key infrastructure projects.
    ·       In a letter toPrime Minister Narendra Modi, Chief Minister J.Jayalalithaa has said the state has prioritized establishing special purpose vehicles for high speed passenger rail links from Chennai to Kanniyakumari and Madurai to Coimbatore and Chennai-Tuticorin freight corridor.
    Gujarat to have India’s first disabled-friendly beach:
    ·       Gujarathas launched its latest project on making beaches more inclusive for the disabled.
    ·       The Tithal beach in Valsad district is all set to become the first disabled-friendly beach in India.
    ·       One of the biggest impediments for the disabled population in India is lack of proper infrastructure in public places
    BANKING:
    RBI seeks applications for regularisation of declared wealth:

    ·       Reserve Bank has said that those who have declared unaccounted overseas assets under the black money law should file application with its central office for regularisation of declared wealth. RBI, in a statement issued in Mumbai, said a person resident in India who has declared any asset under theBlack Money Actand intends to hold them is required to make an application to theRBI within 180 days of declaration.
    Small savings interest rates to be revised every quarter: Government
    ·       The government has announced that it will revise small savings interest rates every quarter, instead of annually.
    ·       Economic affairs secretary Shaktikanta Das said government will revise small savings rates in a day or two. He said interest rates on girl child, senior citizen schemes will not be reviewed.
    INTERNATIONAL:
    UAE agreed to store crude oil in India’s strategic storage:

    ·       The UAE’s national oil company Abu Dhabi National Oil (ADNOC) Companyhas agreed to store crude oil in India’s maiden strategic storage and give two-third of the oil to it for free.
    ·       India is building underground storage at Visakhapatnam , Mangalore and Padurto store about 5.33 million tonnes of crude oil to guard against global price shocks and supply disruptions.
    India and Australia to enhance cooperation in clean coal technology:
    ·       India and Australia have agreed on enhancing cooperation in clean coal technology, renewable energy and LNG.
    ·       Power, Coal and Renewable Energy Minister Piyush Goyalmet his Australian counterpart Josh Frydenberg on the last day of the India-Australia Energy Dialogue in Canberra on February 10, 2016.
    UAE appoints eight women ministers in the new cabinet:

    ·       The United Arab Emirates UAE has appointedwomen ministers to the newly created portfolios for happiness and tolerance, and youth affairs.
    ·       Prime Minister Sheikh Mohammed bin Rashid al-Maktoumnamed eight women as he revealed his latestcabinet line-up of 29 ministers.
    ·       Ohoud al-Roumi, who had served as director of the council of ministers’ office, was appointed minister of state for happiness.
    US Senate passed Bill calling for tougher economic sanctions on North Korea
    ·       The Senate (Lower House of the US Congress) of the United States of America (USA) voted a resolution unanimously to toughen economic sanctions on North Korea in reaction to its recent nuclear test and the long-range rocket launch.
    ·       The Senate bill passed on February 10, 2016 would sanction anyone who contributes to North Korea’s proliferation of weapons of mass destruction, arms-related materials, luxury goods, human rights abuses, activities undermining cyber security and the provision of materials for such activities.
    World leaders agree on ceasing hostilities in Syria, paving way for peace talks:

    ·       World powers have agreed on a “cessation of hostilities” in Syria that could serve as a bridge towards the resumption of genuine peace talks later this month.
    ·       Emerging from a marathon meeting that stretched late into the night in Munich on Thursday,US Secretary of State John Kerry said the powers agreed on a plan that had the potential to “change the daily lives of the Syrian people,” Al Jazeera reported.
    Pakistan launched $500 million projects for education, health, infrastructure in Afghanistan:
    ·       Minister for Planning, Development and Reforms Ahsan Iqbal announced that Pakistan has launched $500 million worth of projects for Afghanistan’s education, health and infrastructure sectors.
    ·       3,000 scholarships had been offered to Afghan students in different universities of Pakistan and 100 Afghan students would study in the Lahore University of Management Sciences.
    2,000 year old Roman skeletons reveal migration pattern in Roman empire:

    ·       A study of 2,000-year-old skeletons in two Roman cemeteries has revealed that some migrants were likely from outside Roman Empire, possibly from North Africa and the Alps.
    ·       Kristina Killgrove from University of West Florida, in the US, and Janet Montgomery from Britain’s Durham University did isotope analyses of 105 skeletons buried at the necropolises during the first through the third centuries AD.
    India-UAE Signed nine MoU’s and agreements in different fields
    ·       Nine agreements were exchanged between India and the UAE, including on cyber security and infrastructure investment, as the two sides agreed to further boost bilateral ties.
    ·       The second day of the three-day visit of Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Commander of the UAE Armed Forces.
    ·       Prime Minister Narendra Modi and Sheikh Mohamed held bilateral talks at Hyderabad House here during which the two leaders discussed ways to promote bilateral cooperation.
    BUSINESS AND ECONOMY:
    Wipro acquired US-based Health Plan Services for 3150 crore rupees:

    ·       Wipro announced signing of a definitive agreement to acquireHealth Plan Services from Water Street Healthcare Partners.
    ·       Wipro will acquire 100 per cent of Health Plan Services’ shares for a purchase consideration of 460 million US dollars. However, the transaction is subject to customary regulatory approvals and is expected to be completed in the next 60-90 days.
    ·       The acquisition will help the country’s third largest software services firm strengthen its position in the U.S. health insurance market.
    Aegis plans to open third centre in Malaysia:
    ·       Aegis, Essar Group’s Business Process Outsourcing (BPO) arm, is planning to set up its third centre in Malaysia with an investment of about $4-5 million, as an alternative destination to the Philippines.
    ·       The new facility is expected to provide 600 jobs and together with its other two centres, Aegis would be providing employment to 5,000 in the next two years.
    APPOINTMENTS:
    Tamar Hahn of Israel took charge of Director of United Nations Information Centre in Buenos Aires:

    ·       Tamar Hahn of Israel was took the charge as the director of the United Nations Information Centre (UNIC) in Buenos Aires that serves Argentina and Uruguay.
    ·       She was appointed by United Nations Secretary-General Ban Ki-moon
    ·       Prior to this appointment, Hahn was the Regional Adviser for Resource Mobilization and Partnerships at the United Nations Population Fund (UNFPA) Regional Office for Latin America and the Caribbean in Panama City, Panama, since 2013.
    Indian-origin lawyer Davinder Singh named vice-chairman of ICC commission:
    ·       A top Indian-origin lawyer in Singaporehas been named asvice-chairman of the Paris-based International Chamber of Commerce Commission, a private sector world business organisation with a central role in global trade and commerce.
    About Davinder Singh:
    ·       Davinder Singh, 58, has been named vice-chairman of International Chamber of Commerce (ICC) Commission on Corporate Responsibility and Anti-corruption.
    ·       Singh, a member of parliament from 1988-2006 and chief executive of the local law firm Drew& Napier, has been appointed to the leadership of one of 13 policy commissions under the ICC, which forges international rules, mechanisms and standards used across the globe.
    About the Commission:
    ·       The Commission on Corporate Responsibility and Anti-corruption develops rules of conduct, best practices and advocacy for fighting corruption, among other things.
    AWARDS AND HONOURS:
    Lupin CEO& MD to receive EY award:

    ·       Vinita Gupta, Chief Executive Officer and Nilesh Gupta, Managing Director, Lupin Limited, will be conferred the EY Entrepreneur of the Year 2015 award.
    ·       FC Kohli, former Vice-Chairman of Tata Consultancy Services, has been selected for the Lifetime Achievement Award for his contribution towards the Indian software industry and nation-building.
    ·       Vijay Shekhar Sharma, Founder& CEO, One97 Communications Limited, will receive the start-up award while Siddhartha Lal, MD& CEO, Eicher Motors Limited, will receive the award for business transformation.
    ·       In the lifesciences& healthcare category, the award will go to Samir Mehta, Chairman, Torrent Pharmaceuticals Limited while Chandra Shekhar Ghosh, CMD, Bandhan Financial Services Limited, will receive the award for financial services.
    ·       Romesh Sobti, MD and CEO, IndusInd Bank Limited, has been named the entrepreneurial CEO.
    SPORTS:
    India regains supremacy in squash:
    ·       India regained supremacy in squash winning the men’s and women’s team gold medals.
    ·       Fielding strong teams with top ranked internationals like Saurav Ghosal, Joshna Chinappa and Dipika Karthik, India usurped Pakistan which had won the titles in the past two editions. Joshna started the winning sequence downing Maria Toorpakai in straight games. Joshna prevailed over her opponent 3-0 in the team event.
    South Asian Games:

    ·       The star studded shooting squad was expectedly on target, while the track-and-field athletes continued their golden run as India held on firmly to the top spot by remaining way ahead of the competition on the sixth day of the 12th South Asian Games.
    ·       Hitting a double century of medals, the Indian contingent has so far garnered237, including 139 gold, 78 silver and 20 bronze.
    ·       India dominated the shooting ranges, grabbing all the five gold medals on offer
    SCIENCE AND TECHNOLOGY:
    ISRO to launch Cryogenic Mark III based GSLV in December 2016:

    ·       The Indian Space Research Organisation -ISRO will launch the Cryogenic mark- III based GSLV satellite launch vehicle during December 2016.
    ·       ISRO senior official and VSSC Director Dr K Sivan told reporters on the sidelines of the 10th High Energy Materials Conference and Exhibition held in Hyderabad on February 11, 2016. He said the GSLV will be Stage-tested in two months and go for launching in December.
    Gravitational waves predicted by Einstein discovered in a major scientific breakthrough:
    ·       Scientists said on Thursday they havedetected the existence of gravitational waves, which were predicted by Albert Einstein’s theory of general relativity 100 years ago.
    ·       The detected gravitational waves were produced during the final fraction of a second of the merger of two black holes to produce a single, more massive spinning black hole, they said at a news conference in Washington, Xinhua reported.
    OBITUARY:
    Soviet football legend Anatoli Ilyin passed away:

    ·       Soviet football legend Anatoli Ilyin passed away in Moscow, Russia. He was 84.
    ·       Ilyin was the scorer of the first ever UEFA European Championship qualifying goaland the strike that earned the Soviet Union Olympic gold in 1956.
    ·       The legendary footballer won five Soviet Top League titles and two Soviet Cups during a club career spent at home-town Spartak Moskva. He was the league’s top scorer in 1954 and 1958, and in all managed 106 goals during a 13-year playing career.
    Rescued Siachen soldier Hanumanthappa passes away:

    ·       Braveheart Lance Naik Hanumanthappa who was battling for life at the Army’s Research& Referral hospital breathed his last.
    ·       The soldier of 19 Madras regiment was rescued alive on Monday night after being buried under 35 feet of snow for six days. He was flown to Delhi in an Air Force aircraft. The avalanche had burried their camp on February 3

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