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Daily G.K. - Top Stories

23 Apr 2015

INTERNATIONAL AFFAIRS

China Warns on Rising North Korea Nuclear Capability

  • Chinese nuclear experts have warned that North Korea may already have 20 nuclear warheads and the capability to produce enough weapons-grade uranium to double its arsenal by next year.
  • Experts at the U.S.-Korea Institute at Johns Hopkins University`s School of Advanced International Studies earlier this year presented three scenarios for North Korea`s nuclear capability, predicting its stockpile of weapons could grow to 20, 50 or 100 within five years.
  • North Korea has conducted three nuclear detonations, the most recent in February 2013.
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ENVIRONMENT

Rapid Decline of Trees in Amazon Rainforest Changing Climate

  • A new study has revealed that one-tenth of trees have been removed by human activities from Amazon rainforest since the 1960s that has led to the climate change.
  • Widespread removal of trees has contributed to a rise in the amount of carbon dioxide in the atmosphere, increasing the potential impact of climate change. Deforestation of the Amazon accounted for 1.5 per cent of the increase in carbon dioxide levels seen since the mid-nineteenth century.
  • Destruction of large areas of the Amazon also impacts on the biodiversity of the rainforest and could lead to the loss of many animal and plant species.
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BUSINESS AND ECONOMY

Government Meets FIIs on Tax Issues, Offers DTAA Relief to MAT-hit Investors

  • In a relief to foreign investors slapped with Rs 40,000 crore tax demands. As per the government such levies would not be applicable to the entities based in countries having double taxation avoidance pacts with India, while others can approach the courts for reprieve.
  • The government made it clear that it cannot withdraw the tax demands. According to officials the aggrieved foreign investors can claim benefits available under the DTAAs, which would over-ride such demands.

India among Top Five Markets for Japanese Auto Majors

  • India now ranks among the top markets for Japanese automobile companies like Suzuki, Yamaha, Honda and Toyota among others.
  • India has been topping Suzuki's global markets both in terms of volumes as well as revenues, now the situation is being replicated by other Japanese biggies like Yamaha, Honda and Toyota as India moves up the global pecking order.
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SCIENCE & TECHNOLOGY

Google to Favour Mobile Friendly Websites in Search Results

  • Many businesses around the world discover their search ranking has been downgraded. After a month long warning period, Google will add 'mobile friendliness' to the 200 or so factors it uses to list websites on its search engine.
  • As a result, websites that don't meet Google's criteria will tumble in its all-important rankings.
  • Google has made several big changes. Companies will be docked for shortcomings like displaying links that are hard to click or forcing users to scroll horizontally on a lopsided site. In addition, the company had announced that in certain cases it would also use information contained within apps as a ranking factor for mobile searches performed on phones that run its Android software.
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SPORTS

Hawks' Mike Budenholzer Named NBA Coach of the Year

  • Mike Budenholzer, who led the Atlanta Hawks to a franchise-record 60 wins this season, has been named the NBA`s coach of the year.
  • Budenholzer received 67 first-place votes and a total of 513 points from a nationwide panel of sportswriters to beat out Golden State`s Steve Kerr for the award.

Parupalli Kashyap Enters Pre-quarters of Asia Championship

  • India's Parupalli Kashyap played one of the longest matches of his career as he roared into the pre-quarterfinals with a gruelling three-game win over Chinese Taipei's Jen Hao Hsu at the USD 200,000 Badminton Asia Championship.
  • Commonwealth Games champion, Kashyap will next take on seventh seed Chinese Zhengming Wang, who beat Thailand's Boonsak Ponsana.
  • Kashyap has lost to Wang thrice, while defeated him once at the 2014 India Super Series.
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NATIONAL AFFAIRS

Cabinet Okays Trial of Juveniles at 16 as Adults

  • The Juvenile Justice Act will be changed to allow for trial of juveniles in the age group of 16-18 years accused of heinous crimes under the Indian Penal Code.
  • As per the changes cleared by the Union Cabinet on Wednesday, Juvenile Justice Boards will determine whether a juvenile accused of a heinous crime ought to be treated as a "child" or adult". The proposed Juvenile Justice (Care and Protection of Children) Bill also provides for the classification of different crimes as "petty", "serious" and "heinous", providing for differentiated processes for each category.
  • Under the existing law, only those 18 years and above are tried under IPC.

India likely to Become Vice President of China Floated AIIB

  • India is likely to get the Vice President's post in China-backed Asia Infrastructure Investment Bank (AIIB) in which India and 56 countries have been admitted as founding members.
  • The MOU of the bank to be headquartered in Beijing specifies that the authorised capital of AIIB will be USD 100 billion with an initial subscribed capital of USD 50 billion.
  • Chances of India getting the Vice President's post are high as the vote share is expected to be based on 50 per cent Gross Domestic Product (GDP) and 50 per cent Purchasing Power Parity (PPP) with primacy to be given to the Asian countries as the bank primarily aims to fund infrastructure projects mainly in the Asian region.
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