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Daily G.K. - Top Stories

24 Dec 2016

INTERNATIONAL AFFAIRS

Resolution to End Israeli Settlements

  • UN Security Council passed a resolution demanding Israel stop building settlements on occupied Palestinian territory.
  • The resolution demands that Israel immediately and completely cease all settlement activities in the occupied Palestinian territory, including East Jerusalem.
  • It states that Israeli settlements have no legal validity and are dangerously imperiling the viability of the two-state solution.

China Open to India Joining Economic Corridor

  • China signalled that it was ready to consider India’s participation in the China-Pakistan Economic Corridor (CPEC) after a Pakistani general counselled New Delhi to shed enmity and join the project.

Resolution to End Israeli Settlements

  • UN Security Council passed a resolution demanding Israel stop building settlements on occupied Palestinian territory.
  • The resolution demands that Israel immediately and completely cease all settlement activities in the occupied Palestinian territory, including East Jerusalem.
  • It states that Israeli settlements have no legal validity and are dangerously imperiling the viability of the two-state solution.
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ENVIRONMENT

Ammonia Detected in Earth's Atmosphere

  • In an unexpected first, researchers have discovered ammonia in Earth's lowest atmospheric layer.
  • The detected ammonia was most concentrated in the upper layer of the troposphere above India and China, countries that have experienced population and economic booms in recent years.
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BUSINESS AND ECONOMY

Tata Steel to Buy Brahmani River Pellets

  • Tata Steel will acquire 100 per cent equity in Odisha-based Brahmani River Pellets for an enterprise value of Rs. 900 crore in a bid to secure raw material and reduce costs at its Kalinganagar steel unit in Odisha.
  • The deal will also help Tata Steel to ramp up its capacity at Kalinganagar.

Reliance Infra Sells Stake in IEX

  • Reliance Infrastructure has sold its 4.122 per cent stake in power trading exchange IEX to a non-resident investor.
  • RInfra had invested Rs. 1.25 crore for the stake in October 2007.
  • IEX is a power trading exchange in India enjoying 30 per cent of the short-term power market, which accounts for approximately nine per cent of the total power market.
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SPORTS

India U-19 Lifts Youth Asia Cup

  • India won the Asian Cricket Council Under-19 Asia Cup title defeating Sri Lanka by 34 runs.
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NATIONAL AFFAIRS

5,000 Nominations for Padma Awards

  • Home Ministry has received over 5,000 nominations for the coveted Padma awards this year and has so far shortlisted only 500 of them.
  • The awards seek to recognise work of distinction and are given for distinguished and exceptional achievements, service in all fields of activities, disciplines such as art, literature and education, sports, medicine, social work, science and engineering, public affairs, civil service, trade and industry.
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