Daily Current Affairs Updates – 29th August 2017

Important Daily Current Affairs Updates – 29th 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.

IMPORTANT DAY

National Sports Day: 29thAugust

The National Sports day is celebrated on 29th August every year to mark the birthday of legendary hockey player Major Dhyan Chand. To celebrate the day various programs are being conducted through the country.

STATE

Prime Minister NarendraModi dedicates to nation 11 completed highway projects in Rajasthan

Prime Minister NarendraModi dedicated to the nation 11 completed highway projects in Rajasthan, covering a total length of about 873 kilometres. During his visit to Udaipur, MrModi also laid the foundation stone of national highway projects worth around 15,000 crore rupees in the state.

Useful Info

State – Rajasthan

Capital – Jaipur

CM – VasundharaRaje

Governor –Kalyan Singh

NATIONAL

Finance Ministry has imposed a five-year anti-dumping duty on Sodium Nitrite imports from China

Finance Ministry has imposed a five-year anti-dumping duty on Sodium Nitrite imports from China. Deepak Nitrite Ltd had filed the petition, which was also supported by Punjab Chemicals & Crop Protection Ltd, seeking sunset review investigations on Sodium Nitrite imports from China.There are two more producers of Sodium Nitrite in the country – National Fertilisers Ltd and Rashtriya Chemicals and Fertilisers Limited.

Useful Info

Country – China

Capital –Beijing

Currency –Renminbi, (Yuan)

President – Xi Jinping

INTERNATIONAL

World’s Toughest Law against Plastic Bags has been imposed in Kenya

In Kenya, selling or even using plastic bags will risk imprisonment of up to four years or fines of $40,000. It is the world’s toughest law which is aimed at reducing plastic pollution came into effect.The East African nation joins more than 40 other countries that have banned, partly banned or taxed single use plastic bags, including China, France, Rwanda, and Italy.

Useful Info

Country – Kenya

Capital – Nairobi

Currency –Kenyan shilling

President – Uhuru Kenyatta

United Nations World Tourism Organization (UNWTO), reported that the island of Tuvalu was the least visited country in 2016

According to a report by the United Nations World Tourism Organization (UNWTO), the island of Tuvalu was the least visited countryin 2016.
According to the report, 2,000 people visited Tuvalu in 2016, while 1,000 people visited the country in 2014. Located in the South Pacific Ocean, Tuvalu is 4.6 meters above sea level and has a population of 11,000 people.

Useful Info

Country – Tuvalu

Capital –Funafuti

Currency – Australian dollar, Tuvaluan dollar

BANKING & ECONOMY

EPFO to cut investments in AAA bonds: Minister Bandaru Dattatreya

Union Labour MinisterBandaruDattatreya said theemployees provident fundmanager EPFO had decidedto invest about 3,000 croreRsin high-rated corporatebonds this financial year. At arecent meeting, theEmployees Provident FundOrganisation, or EPFO, haddecided to reduce thecurrent investment of15,000 croreRs in AAA ratedbonds by 3,000 croreRs andinvest that amount in AA+bonds.

Useful Info

Minister of state (Independent Charge) for Labour& Employment – BandaruDattatreya

Constituency –Secunderabad, Telangana

AGREEMENT

Bharti Airtel, entered into a partnership with Symantec Corp

The country’s largest telecom services provider,BhartiAirtel, entered into a partnership with Symantec Corp, the world’s leading cyber security company, to serve the growing cyber security requirements of businesses in India.It will provide protection and prevention of online threats in an increasingly digitally connected world. According to the agreement, Airtel will be the exclusive Cyber Security Services partner for Symantec in India, and will distribute Symantec’s enterprise security software.

Useful Info

CEO of Airtel – GopalVittal

Chairman of Airtel – Sunil Bharti Mittal

Symantec HQ – Mountain View, California, United States

CEO of Symantec –Greg Clark

India and Germany signed an agreement to Improve Grid Integration of Renewable Energy

India and Germany signed an agreement on technical cooperation under the Indo-German Energy Programme– Green Energy Corridors (IGEN-GEC).The main objective of this program component is to improve the sector framework and conditions for grid integration of renewable energy.

Useful Info

Country – Germany

Capital – Berlin

Currency – Euro

Chancellor – Angela Merkel

APPOINTMENT

DaraKhosrowshahi has been appointed as the New CEO Uber

Transport Company Uber has finally selected a new CEO of the company- DaraKhosrowshahi. He is from Iran. Khosrowshahi is the CEO of online travel booking company Expedia Inc. He has replaced Travis Kalanick. Khosrowshahi received nearly $95 million in pay in 2015, making him one of the most highly paid leaders in corporate America.

Useful Info

Uber HQ – United States

New CEO of Uber – DaraKhosrowshahi

Preceded by – Travis Kalanick

Ranbir Singh has been appointed as new commissioner of EDMC

Bureaucrat Ranbir Singh took charge as thenew commissioner of East Delhi Municipal Corporation (EDMC)

AWARD

Nitasha Biswas, a transwoman from Kolkata was crowned the first Miss TransQueen India

NitashaBiswas, a transwoman from Kolkata was crowned the first Miss TransQueen India. The competition was held in Gurugram, Haryana. Biswas is currently pursuing Masters in Business Management in Kolkata, West Bengal.On the other hand, Manipur’s Loiloi was crowned the first runner-up. Biswas will now go to Thailand for Miss International Queen, while Loiloi will compete at Miss Transsexual Australia.

SPORT

Indian U-15 Football Team Wins SAFF Championships

The Indian U-15 football team completed a brilliant comeback win over Nepal to win the SAFF U-15 Championships in Kathmandu, Nepal. They were trailing 0-1 at the interval, but second half goals from Lalrokima and Vikram clinched the trophy for the Indian side.

Useful Info

Final match between India & Nepal

Final match held at – ANFA Complex, Lalitpur in Nepal

Winner – India

Runner – Nepal

OBITUARY

Olympian Footballer Ahmed Khan Passes Away

India’s two-time Olympic footballer and East Bengal legend Ahmed Khan passed away at the age of 90.Khan, who played in the 1948 and 1952 Olympics, was one of the most famous of the legendary quintet of forwards called the “Five Pandavas” who played for East Bengal in an India that had just become an independent nation.

 

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