Current Affairs Daily Digest – July 26′ 2017


  1. Veteran actress Shakuntala Barua gets Mahanayak Samman 2017

West Bengal Chief Minister Mamata Banerjee has conferred this year’s ‘Mahanayak Samman 2017’ to veteran actress Shakuntala Barua for her contribution to the world of cinema.

Lifetime Achievement award was conferred on the distinguished actress, Shakuntala Barua.

Suparnokanti Karati for Bisarjan film and Shiboprasad Mukhopadhyay of Windows Productions for Praktan film were also among the awardees for Best Film and Best Producer categories

  1. Nitish Kumar quits as the chief minister of Bihar

Nitish Kumar has resigned as the chief minister of Bihar, citing inability to work because of the strains within the coalition.

The development follows the Rashtriya Janata Dal (RJD) chief Lalu Prasad’s firm stand earlier in the day that his son and Bihar Deputy Chief Minister Tejashwi Yadav would not resign.

  1. Google CEO Sundar Pichai joins Alphabet Board of Directors

Google’s chief executive officer Sundar Pichai is getting another role: Alphabet board member. The appointment is another signal of his rising importance at the company—and the trust the founders place in him.

Alphabet Inc., the parent company of the web search giant, added Pichai to its board of directors

  1. 26 July 2017: Kargil Vijay Diwas

Kargil Vijay Diwas is celebrated on 26 July every year in honour of the Kargil War’s Heroes. This day is celebrated in the Kargil – Dras sector and the national capital New Delhi, where the Prime Minister of India, pays homage to the soldiers at Amar Jawan Jyoti at India Gate every year.

Kargil Vijay Diwas, named after the success of Operation Vijay. On this day, 26 July 1999, India successfully took command of the high outposts which had been lost to Pakistani intruders.

  1. FSSAI bans stapler pins in tea bags from January 2018

The Food Safety and Standards Authority of India (FSSAI) has banning the use of stapler pins in tea bags effective January 1, 2018.

The move is expected to affect the fast growing packaged tea business in the country, as FSSAI has deemed the use of stapler pins in tea bag a serious health hazard.

  1. Cabinet gives ex-post facto approval for amendment of the Constitution (Application to Jammu & Kashmir) Order, 1954

The Union has given its ex-post facto approval for an amendment of the Constitution (Application to Jammu & Kashmir) Order, 1954 by way of the Constitution (Application to Jammu & Kashmir) Amendment Order, 2017.

The approval paves the way for applicability of Goods and Services Tax regime in the State of Jammu & Kashmir.

The Constitution (Application to Jammu & Kashmir) Amendment Order, 2017 has already been notified in Gazette of India on 6th July, 2017 after the assent of the President.

  1. Cabinet apprised of the MoU signed between India and Palestine on cooperation in the field of on youth affairs and sports

The Union Cabinet chaired has been apprised of the Memorandum of Understanding (MoU) signed between India and Palestine on cooperation in the field of youth affairs and sports.

The MoU will help in promoting exchange of ideas, values and culture amongst all youth irrespective of their caste, religion and gender as well as development of sports in the two countries. In turn, it will help in consolidating friendly relations between the two countries.

  1. Cabinet approves revision of guidelines of Sovereign Gold Bonds Scheme

The Union Cabinet has given approval for revision of guidelines of Sovereign Gold Bonds (SGB) Scheme with a view to achieve its intended objectives.

Sovereign Gold Bond (SGB) Scheme was notified by the Government of India on November 05, 2015 after due approval of the Cabinet.

The main objective of the scheme was to develop a financial asset as an alternative to purchasing metal gold. The target was to shift part of the estimated 300 tons of physical bars and coins purchased every year for Investment into ‘demat’ gold bonds.

  1. Cabinet approves revision of cost of Socio Economic and Caste Census 2011

The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi has approved the proposal of Department of Rural Development for revision of cost of Socio Economic and Caste Census 2011 (SECC 2011). It provides for:

(a) Revising the cost of SECC 2011 to Rs. 4893.60 crore from the approved estimated expenditure of Rs.3,543.29 crore within the indicative cost of Rs.4,000 crore as approved by the Government.

(b) Approval of time and cost overrun and consequential revision in the upper limit of cost per record to the consortium of Central Public Sector Undertakings.

  1. Reliance Defence delivers 2 patrol vessels to Navy

Sixteen months after Reliance Infrastructure subsidiary Reliance Defence and Engineering Ltd (RDEL) took control of Pipavav Defence and Offshore Engineering Company, two naval offshore patrol vessels (NOPVs) were launched at RDEL’s shipyard in Pipavav, Gujarat.

The two NOPVs, named ‘Shachi’ and ‘Shruti’, are the first warships to be launched by a private sector shipyard in India, and were launched by Preeti Luthra, wife of Vice-Admiral Girish Luthra, Flag Officer Commanding-in-Chief, Western Naval Command.

  1. SIDBI Starts Merchant Banking Operations To Help MSMEs Tap Market

Small Industries Development Bank of India (SIDBI) has started full-fledged merchant banking operations to benefit the expanding number of growth-oriented micro, small and medium enterprises (MSMEs), especially those with a strong technology and innovation quotient.

The initiative is aimed at enhancing the access of MSMEs to the capital markets, including the SME Trading Platform and Institutional Trading Platform.

  1. Yatra acquires Air Travel Bureau to expand corporate travel business

Leading online travel company Yatra has acquired corporate travel service provider company Air Travel Bureau (ATB) for an undisclosed amount.

Yatra said ATB is India’s ‘largest corporate travel services provider’ with gross bookings of Rs 1,500 crore and a client base of 400 companies in the country.

This acquisition significantly strengthens our position in the large and growing corporate travel market in India.

  1. Bolivia’s President Declares ‘Total Independence’ From World Bank And IMF

Bolivia’s President Evo Morales has been highlighting his government’s independence from international money lending organizations and their detrimental impact the nation.

Bolivia is now in the process of becoming a member of the Southern Common Market, Mercosur and Morales attended the group’s summit in Argentina

  1. Konsam wins gold in Asian Youth & Junior Weightlifting c’ship

Indian weightlifter Konsam Ormila Devi has bagged a gold medal at the Asian Youth and Junior Weightlifting Championships in Kathmandu, Nepal.

The weightlifter from Manipur lifted 56kg in snatch and 70kg in clean & jerk for a total effort of 126kg in the 44kg weight category to finish on the top of the podium, according to a release from the Indian Weightlifting Federation.

  1. India to host maiden men’s World Boxing Championship in 2021

The Boxing Federation of India (BFI) managed a major coup by bringing to India the 2021 men’s World Championship for the first time as well as the women’s Worlds in 2018.

Both the events will be taking place in the Capital, according to the proposal submitted by BFI president Ajay Singh at the two-day International Boxing Association (AIBA) meeting in Moscow.


Read Current Affairs Daily Digest For June 2017