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Daily G.K. - Top Stories

21 Jul 2016

INTERNATIONAL AFFAIRS

Three-month State of Emergency Declared in Turkey

  • Turkish President declared state of emergency for three months following the recent failed coup attempt.
  • The state of emergency aims to take steps for eliminating the risk posed against the citizens' rights and freedom, democracy, state of law in the country, in the most efficient and rapid way.

Britain Gives up 2017 EU Presidency

  • Britain will no longer take on the rotating EU presidency as planned next year, relinquishing the role in the wake of the Brexit vote.
  • Theresa May informed European Council President Donald Tusk.
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ENVIRONMENT

New Dinosaur Discovered in Argentina

  • A previously unknown species of meat-eating dinosaur has been unearthed in Argentina, adding to the dino family known as the Giant Thieves.
  • The new meat-eating dinosaur, Murusraptor barrosaensis, has been discovered from 80 million year old rocks from Patagonia, Argentina.
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BUSINESS AND ECONOMY

Mitsubishi Elevators Sets up New Plant

  • Mitsubishi Elevator India, a unit of Mitsubishi Electric, Japan announced the launch of their new plant in Vemgal, near Bengaluru, its first in India, with an investment of 183 crore.
  • The plant has a capacity of manufacturing 5,000 units annually. The manufacturing would start in September.
  • Mitsubishi sells close to 1,000 elevators annually and hopes to increase its sales by 50% with the increase in production from the new plant.

Axis Bank Cuts Base Rates

  • Axis Bank revised its base rate to 9.35% pa from 9.45% pa with effect from July 27, 2016.
  • The effective rate, applicable to various fund based credit and credit limits which are linked to the bank's base rate, will reduce by 10 basis points.
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SCIENCE & TECHNOLOGY

Protein that Boosts Growth of Damaged Muscle Tissue

  • Scientists have identified a key protein that can boost the growth of damaged muscle tissue, an advance that may lead to treatments for muscle degeneration caused by old age and diseases such as muscular dystrophy.
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