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Daily G.K. - Top Stories

22 Sep 2016

INTERNATIONAL AFFAIRS

Japan Likely to Scrap Fast-breeder Nuclear Reactor

  • Japan is likely to scrap a prototype fast-breeder nuclear reactor in the country`s west that has operated for less than a year in over two decades.
  • More than JPY 1 trillion (USD 9.84 billion) of mostly public money has been injected into the Monju facility, but Japan`s nuclear regulator last year declared its operator unfit following years of accidents, missteps, and falsification of documents.
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ENVIRONMENT

Greenland's Annual Ice Loss is Worse than Thought

  • According to new research, the huge annual losses of ice from the Greenland cap are even worse than thought. The melt is not a short-term blip but a long-term trend.
  • The melting Greenland ice sheet is already a major contributor to rising sea level and if it was eventually lost entirely, the oceans would rise by six metres around the world, flooding many of the world’s largest cities.
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BUSINESS AND ECONOMY

India's Q1 Current Account Deficit Narrows

  • India’s current account deficit narrowed to USD 0.3 billion, or 0.1 per cent of GDP, in the first quarter of 2016-17 on account of lower trade gap.

IOC and GAIL to Take 50% in Dhamra LNG Terminal

  • Indian Oil Corporation Limited and GAIL signed an MoU with Dhamra LNG Terminal Private Limited for taking equity in the 5 million metric tonnes per annum (MMTPA) capacity LNG terminal coming up at Dhamra Port, Odisha.
  • Under the MoU, DLTPL will be an equal joint venture of Indian Oil and GAIL on the one hand and the Adani Group on the other.
  • The MoU will see Indian Oil and GAIL acquire 39 per cent and 11 per cent equity, respectively in DLTPL, with the balance 50 per cent held by the Adani group.
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SPORTS

India Bag Five More Medals

  • India added five more medals, including three gold medals, to swell its tally to 23 at the ISSF Junior World Cup.
  • India won two team gold medals in the men's and women's 25m pistol events respectively, while the third gold came in the individual men's 25m pistol competition.
  • The silver came through Gurmeet in the men's 25m pistol.
  • India's only bronze of the day came in the women's trap team.
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NATIONAL AFFAIRS

Race Course Road Renamed

  • The name of Race Course Road has now been changed to Lok Kalyan Marg.
  • The decision to change the name of the road was taken at a high-level meeting of the New Delhi Municipal Council presided by Delhi Chief Minister Arvind Kejriwal.

Purchase of Rafale Fighter Jets Cleared

  • The Union Cabinet cleared the purchase of 36 Rafale fighter jets.
  • Under the deal, India will get 36 Rafale jets in fly-away condition. India's fighter aircraft fleet, comprising Russian, British and French planes, is down to 33 squadrons as against the air force's requirement of 45 to counter a two-front collusive threat from Pakistan and China.
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