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General Awareness

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Daily G.K. - Top Stories

28 May 2017

INTERNATIONAL AFFAIRS

First ICBM Defence Test

  • Preparing for North Korea’s growing threat, the Pentagon will try to shoot down an intercontinental-range missile for the first time in a test next week.
  • The goal is to more closely simulate a North Korean ICBM aimed at the U.S. homeland.
  • The American interceptor has a spotty track record, succeeding in nine of 17 attempts against missiles of less-than-intercontinental range since 1999.
  • North Korea is now the focus of U.S. efforts because its leader, Kim Jong-un, has vowed to field a nuclear-armed missile capable of reaching American territory.
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ENVIRONMENT

New Species of See-through Frog

  • Scientists have discovered a new species of see-through frog and warned that the amphibian may already be at threat of extinction.
  • The frog (Hyalinobatrachium yaku), has unique physical and behavioural traits.
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BUSINESS AND ECONOMY

TOPSGRUP Forays into Home Services

  • TOPSGRUP, a leading security services provider, has diversified into ‘on demand’ home services segment to provide reliable and trustworthy home service providers in key cities across India, and to compete with firms like Urbanclap and Zimmber.
  • The company will provide ‘verified and properly screened’ plumbers, carpenters, electricians, cleaners, tutors, fitness trainers and babysitters for households.
  • The company has unveiled an app called CHEEP which will connect consumers with the required home service professionals.

GIC and DLF to Sign Deal

  • Realty major DLF’s promoters are likely to enter into an agreement with Singapore’s sovereign wealth fund GIC in the next few weeks to sell their 40% stake in rental business for an estimated Rs. 13,000 crore.

Fairfax to sell 12% in ICICI Lombard

  • Fairfax Financial Holdings, the joint ventures partner of ICICI Bank in ICICI Lombard General Insurance, is selling 12.2% in the Indian non-life insurance major to three entities for nearly Rs. 2,500 crore. The three funds, which are buying into the company are Red Bloom Investment - an arm of global private equity major Warburg Pincus, Tamarind Capital - a company owned by the Clermont Group of Singapore and IIFL Special Opportunities Fund, managed by the IndiaInfoline group.
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NATIONAL AFFAIRS

Bengal Government’s First Anniversary

  • West Bengal Chief Minister Mamata Banerjee, organsed blood donation camps and started ambulance services, besides taking up other social programmes for benefit of the public, to mark the first anniversary of Trinamool-led State government.

Madras University Gets New V-C

  • Vice-Chancellors have been appointed for the University of Madras and the Madurai Kamaraj University (MKU).
  • P. Duraisamy, former head of the Econometrics Department at the University of Madras, is the new V-C, while P. P. Chellathurai is the new V-C of MKU.

India’s Aid to Mauritius

  • India announced a $500 million line of credit to Mauritius as the two countries decided to firm up cooperation in the field of maritime security in the Indian Ocean region.
  • The two sides signed a maritime security agreement after extensive talks between Prime Minister Narendra Modi and his Mauritian counterpart Pravind Jugnauth.
  • The two sides also decided to ramp up cooperation in a number of areas including trade and investment.
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