General Awareness

Daily G.K. - Top Stories

16 Jul 2016

INTERNATIONAL AFFAIRS

South China Sea Crisis

In the wake of the international tribunal rejecting its claims in the disputed South China Sea, as per China the issue of sovereignty was the nation's "bottom line" and the country "cannot lose one centimetre" of the area it claims.
China is currently mustering all its resources to counter the South China Sea judgement by a five-member global tribunal appointed by the Permanent Court of Arbitration.
As per reports, if anyone wants to take any provocative action against China's security interest based on the award, China will take a decisive response.

Turkey Army Says it Seizes Power

The Turkish military has launched a coup, in what the Prime Minister termed an illegal act aimed at usurping the authorities.
Turkey has a history of coups with governments ousted on three occasions in the last decades by full military coups.
According to reports, this is an attack against Turkish democracy. A group within the Armed Forces has made an attempt to overthrow the democratically elected government outside the chain of command.

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BUSINESS AND ECONOMY

Petrol and Diesel Prices Cut

Oil marketing companies cut petrol prices by Rs. 2.25 a litre and diesel by 42 paise a litre.
Petrol price was last cut by 89 paise a litre and diesel by 49 paise a litre in June.
Prior to the reduction this month, prices had been hiked on four occasions since May.

Exports Snap 18-month Downward Spiral

Rising exports and decline in imports also brought down the trade deficit in June to USD 8.11 billion as against USD 10.82 billion in the year-ago month.
Exports have been falling since December 2014 due to weak global demand and slide in oil prices.
On the export front, there was increase in exports of organic and inorganic chemicals, engineering goods and plastic and linoleum.

Boston Scientific Launches First Facility in India

Medical devices firm Boston Scientific launched its first integrated facility in India to develop and sell minimally invasive technologies fit for India and the greater Asian market and train physicians in using them.
The facility comprises research and development, training and commercial center.
Boston Scientific India was incorporated in 2011.

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NATIONAL AFFAIRS

Arunachal Pradesh Crisis

Arunachal Pradesh Chief Minister met Governor Tathagata Roy and sought ten days time to prove his majority in the house but later it was made clear that the floor test has to be held on Saturday only as slated.

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General Awareness

Daily G.K. - Top Stories

16 Jul 2016

INTERNATIONAL AFFAIRS

South China Sea Crisis

Turkey Army Says it Seizes Power

BUSINESS AND ECONOMY

Petrol and Diesel Prices Cut

Exports Snap 18-month Downward Spiral

Boston Scientific Launches First Facility in India

NATIONAL AFFAIRS

Arunachal Pradesh Crisis

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