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Daily G.K. - Top Stories

27 Apr 2016

INTERNATIONAL AFFAIRS

Ecuador Quake

  • As per UN Children’s Fund, due to the earthquake which measured 7.8 on the Richter scale more than 280 schools have been damaged by the earthquake that hit Ecuador, leaving at least 120,000 children temporarily without education.
  • UNICEF is supporting the government's efforts to get children back to learning.
  • UNICEF will install 50 temporary learning spaces for 20,000 children and distribute school supplies to benefit 60,000 children.
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BUSINESS AND ECONOMY

Government to Sell Stake in NHPC

  • In the first disinvestment of current fiscal, the government will sell 11.36 per cent equity shares in electricity generator NHPC Ltd. at Rs 21.75 apiece to raise about Rs. 2,700 crore.
  • The sale of 125.76 crore shares will happen over two days.
  • The government holds 85.96 percent in NHPC and selling of over 125 crore shares or 11.36 percent stake would help it comply with the minimum public shareholding norm.

Pidilite Forms JV with Italian Company

  • Pidilite Industries, manufacturer of adhesives, sealants and construction chemicals, has formed an equal joint venture company, ‘Wood Coat’, with Industria Chimica Adriatica Spa of Italy.
  • Pidilite will have 50% of the shareholding in the JV company, the balance will be held by ICA and India-based distributor Pratik Mehta. ICA is a leading wood finish manufacturer based in Italy. Wood Coat is a wholly owned subsidiary of the company.
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SCIENCE & TECHNOLOGY

Carbon Dioxide Making Earth Greener

  • A new research shows that the earth is getting greener because of higher carbon dioxide (CO2) levels in the atmosphere.
  • Observations over the past 33 years show that there has been a steady increase in leaves on plants and trees.
  • The amount of CO2 in the air has been increasing since the industrial age and currently stands at a level not seen in at least half-a-million years.
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NATIONAL AFFAIRS

Haryana Janhit Congress to Merge with Congress

  • Haryana Janhit Congress (HJC) is all set to merge with Congress. This move is seen as an attempt to arrest the ruling BJP's bid to expand its support base among non-Jats in the state.
  • Bisnoi met Congress vice-president Rahul Gandhi to discuss the merger plan. The final approval by Sonia Gandhi is likely to come very soon.
  • The HJC was formed by Bhajan Lal after he parted ways with the Congress in 2007.
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