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Daily G.K. - Top Stories

27 Aug 2016

INTERNATIONAL AFFAIRS

UN Council Condemns North Korea Missile Launches

  • The UN Security Council strongly condemned North Korea for test-firing ballistic missiles and agreed to take significant measures in response the latest series of launches.
  • Council members agreed to "continue to closely monitor the situation and take further significant measures.
  • North Korea has been hit by five sets of UN sanctions since it first tested a nuclear device in 2006.

Pakistan to Keep Border Crossing with Afghanistan Shut

  • Pakistan will keep its border crossing closed with Afghanistan and won`t open the border until Afghanistan apologises for burning a Pakistani flag a week ago, a charge the Afghans deny.
  • The border closure has blocked transport of goods transport in the area, which, along with the Khyber Pass, forms one of the major supply routes of Afghanistan`s allied forces.
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ENVIRONMENT

Vast Reef Discovered

  • Scientists working with laser data have discovered a vast reef behind the familiar Great Barrier Reef. High-resolution seafloor data provided by LiDAR-equipped aircraft have revealed great fields of unusual donut-shaped circular mounds, each 200-300 meters across and up to 10 meters deep at the center.
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BUSINESS AND ECONOMY

Tata Motors Q1 Net Falls

  • Tata Motor’s first quarter consolidated net profit fell 57 per cent, because of adverse foreign exchange impact on its Jaguar Land Rover (JLR) business.
  • The net profit includes exceptional recoveries (insurance claim) of Rs. 478 crore on account of last year’s Tianjin incident in China which had resulted in damage of 5800 JLR vehicles in the explosion.

Lupin Gets Tentative USFDA Nod

  • Pharma major Lupin received a tentative approval for its generic version of anti-depressant Paroxetine extended-release tablets from the US health regulator. The tentative approval by the United States Food and Drug Administration (USFDA) is for multiple strengths of 12.5 mg, 25 mg and 37.5 mg of the generic version of Apotex Technologies’ Paxil CR tablets of similar strengths.
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