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Daily G.K. - Top Stories

08 Jul 2015

INTERNATIONAL AFFAIRS

IMF Caught in Delicate Position Between Greece and EU

  • Hated in Athens and brushed off by the Europeans, the International Monetary Fund approaches the next round of negotiations with Greece in a delicate position.
  • The global crisis bank is anxious to craft a compromise, but also under pressure to recover the billions it has lent to the country.
  • The IMF has taken note of yesterday`s referendum held in Greece. We are monitoring the situation closely and stand ready to assist Greece if requested to do so.
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BUSINESS AND ECONOMY

MNREGA World's Largest Public Works Programme

  • As per the World Bank, India's rural employment guarantee programme MNREGA has been ranked as the world's largest public works programme, providing social security net to almost 15 percent of the country's population.
  • India is among the five middle-income countries running the world's largest social safety net programmes.
  • The world's five largest social safety net programmes are all in middle-income countries (China, India, South Africa and Ethiopia) and reach over 526 million people.

IOC and Adani Combine Bid for CNG Licence

  • Indian Oil Corp-Adani Gas combine has bid for a licence to retail CNG in five cities including Haridwar in the 5th round of city gas bidding that saw no bids for as many as eight cities.
  • Besides Haridwar, Indian Oil Corp-Adani combine bid for Tumkur, Belgaum and Dharward districts in Karnataka and Udham Singh Nagar in Uttarakhand.
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SCIENCE & TECHNOLOGY

A Glove to Translate Sign Language

  • Researchers have developed a glove that would translate text and sign languages to facilitate conversation between speech- and hearing-impaired people and those not conversant with sign language.
  • The prototype senses hand movements of the user and identifies them with the 26 letters of the international alphabet.
  • Words and phrases are transmitted by Bluetooth to a mobile device with a preloaded application that displays and reads the signs.

Gennady Padalka Sets Record for Longest Stay in Space

  • Russian cosmonaut Gennady Padalka has broken the record for the longest time spent in space with a total of 804 days as on July 2015.
  • Gennady beat the old record of 803 days, nine hours and 41 minutes set by fellow cosmonaut Sergei Krikalev (now retired) across six missions from 1998 to 2005.
  • Padalka is the current commander of the International Space Station which has been orbiting the Earth. When Padalka returns to Earth in September with fellow ISS crew members Mikhail Kornienko and Scott Kelly, he will have spent a total of 877 days, or roughly 2.5 years, in space.
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SPORTS

Rohan and Mergea Enter Men's Doubles Semis

  • Top-seeded American twins Bob and Mike Bryan have been eliminated from the men's doubles tournament at Wimbledon.
  • The Bryan brothers lost to Rohan Bopanna of India and Florin Mergea of Romania in the quarterfinals.
  • The Bryans have won three doubles titles at the All England Club, and a record 16 Grand Slam titles overall.
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NATIONAL AFFAIRS

LIC Nomura Mutual Fund Gets New CEO

  • LIC Nomura Mutual Fund AMC named Sarojini Dikhale as new Chief Executive Officer, the only woman leading an Asset Management Company in the country.
  • She succeeded Nilesh Sathe, who has joined Insurance Regulatory and Development Authority of India.
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