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General Awareness

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Daily G.K. - Top Stories

29 Mar 2017

INTERNATIONAL AFFAIRS

Bid for New Independence Referendum

  • The Scottish parliament backed a bid to hold a new independence referendum in 2018 or 2019, but the British government immediately rejected the proposal.
  • The stand-off further complicates the United Kingdom`s political situation just as years of daunting negotiations on the terms of its exit from the European Union are about to begin.
  • The Brexit issue has strained ties between the UK`s four constituent parts because England and Wales voted to leave the EU while Scotland and Northern Ireland voted to remain.
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BUSINESS AND ECONOMY

Bharti Sells Stake in Infratel

  • Bharti Airtel sold a 10.3% stake in Bharti Infratel to a consortium of funds advised by U.S. private equity firm KKR and Canada Pension Plan Investment Board (CPPIB) for more than Rs. 6,193.9 crore.
  • The parent company sold 190 million shares at a price of Rs. 325 per share.
  • Bharti Airtel will primarily use the proceeds from this sale to reduce its debt. Following the transaction, Bharti Airtel’s equity holding will be 61.7% and that of KKR and CPPIB at 10.3%.

Land Leasing, Renting to Attract GST

  • From 1st July 1 leasing of land, renting of buildings as well as EMIs paid for purchase of under-construction houses will start attracting the Goods and Services Tax.
  • Sale of land and buildings will be out of the purview of GST, the new indirect tax regime. Such transactions will continue to attract the stamp duty.
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SCIENCE & TECHNOLOGY

Stopwatch with High Measuring Ability

  • Scientists at NASA have developed a stopwatch timer that can measure within a fraction of a billionth of a second. This is an advance that can help record precise height measurements of sea ice, glaciers, forests and the rest of the Earth's surfaces.
  • Engineers at NASA's Goddard Space Flight Centre built the timer for the Ice, Cloud and land Elevation Satellite-2 (ICESat-2) scheduled to launch in 2018, which will use six green laser beams to measure height.
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SPORTS

Border-Gavaskar Trophy

  • India won in the fourth and final test against Australia to secure a 2-1 series victory for the hosts.
  • The victory was India`s seventh test series win in a row.

Lionel Messi Gets Four Matches Ban

  • FIFA banned Argentine football legend Lionel Messi for 4 World Cup qualifying games for abusing an assistant referee.
  • FIFA notified the Argentina Football Association (AFA) that it has opened an investigation into the star forward`s attitude during the 2018 World Cup qualifier.
  • FIFA’s disciplinary committee could sanction the player and asked the AFA and Messi to deliver their testimonies on the incident.
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NATIONAL AFFAIRS

Uttar Pradesh Legislative Assembly

  • A total 319 out of the 403 newly-elected MLAs took oath as members of the Uttar Pradesh Legislative Assembly.
  • They were administered oath by Pro-tem Speaker Fateh Bahadur.
  • The election of the Speaker will be held on March 30.
  • Senior BJP leader and five-term MLA Hridaya Narain Dixit (69) appeared to be the front runner for the post owing to his knowledge of parliamentary practices.

India's Longest Road Tunnel Set to Open

  • India's longest road tunnel built on the Jammu-Srinagar National Highway will open on April 2.
  • The name of the tunnel is Chenani-Nashri Tunnel.
  • It's a 9.2 km-long twin-tube tunnel.
  • It will reduce the travel time between the two state capitals of Jammu and Srinagar by two-and-a-half hours.
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