General Awareness

Daily G.K. - Top Stories

04 Aug 2017

INTERNATIONAL AFFAIRS

U.S. Violating Nuclear Deal

As per Iran, the new U.S. sanctions were a violation of its nuclear deal with world powers, piling pressure on President Hassan Rouhani as he starts his second term.
Mr. Rouhani vowed to keep up his efforts to end Iran’s isolation as he was sworn in by the Islamic Republic’s supreme leader Ayatollah Ali Khamenei following his re-election in May. Iran believes that the nuclear deal has been violated and it will react appropriately.

UN Terror Tag for Masood Azhar Blocked Again

China has again extended by three months its technical hold on the US, France and UK-backed proposal to list Pakistani terror group Jaish-e-Mohammed chief and Pathankot terror attack mastermind Masood Azhar as a designated terrorist by the United Nations.
China had in February this year blocked the US move to designate Azhar as a global terrorist at UN. The deadline for China to take action on its technical hold was till August 2.
As per reports, China once again sought a three-month extension until November 2 on its technical hold on the proposal.

Pledge to Collaborate on Security Issue

Turkey has vowed to root out militants plotting against China as the two countries pledged to collaborate on a security issue that had been a source of friction.
According to Turkish Foreign Minister, Turkey would treat matters of China's security as its own, signaling close cooperation and a tougher stance against suspected Uighur militants hailing from China's Xinjiang region.

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BUSINESS AND ECONOMY

Services PMI to Lowest Since Sept. 2013

According to a survey, service sector activity in July slowed to its lowest level since September 2013, due in large part to the implementation of the Goods and Services Tax.
The Nikkei India Services Purchasing Managers’ Index registered a reading of 45.9 in July, falling from the eight-month high of 53.1 seen in June.

Titan’s Q1 Net Profit Rises

Titan Company’s net profit for the first quarter rose 96.84%, driven by its jewellery business. The jewellery division posted a 55% increase in income for the quarter.
The jewellery business contributed Rs. 3,352 crore to its overall revenue of Rs. 4,049.5 crore.

Banking Regulation Bill

The Lok Sabha passed the Banking Regulation (Amendment) Bill, 2017, which empowers the Reserve Bank of India (RBI) to resolve stressed assets clogging the banking system.
The Banking Regulation (Amendment) Bill, 2017, seeks to amend the Banking Regulation Act, 1949 and replace the Banking Regulation (Amendment) Ordinance, 2017, which was promulgated in May this year.
The measure allows the RBI to initiate insolvency resolution process on specific stressed assets.

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SCIENCE & TECHNOLOGY

Exoplanet with Glowing Water Atmosphere

For the first time, scientists have discovered glowing water molecules in the atmosphere of a planet outside our solar system.
It is the strongest evidence to date for a stratosphere on a planet outside our solar system, or exoplanet.
The planet called WASP-121b is a gas giant exoplanet commonly referred to as a hot Jupiter.

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SPORTS

Pujara Goes Past Tendulkar and Kohli

Cheteshwar Pujara became the joint second-fastest Indian to score 4,000 Test.
Legendary Rahul Dravid also took same number of innings to achieve the feat.
Both the middle-order batsmen are behind former openers Virender Sehwag and Sunil Gavaskar in the all-time list of Indian batsmen.
However, Pujara has overtaken Sachin Tendulkar and his captain Virat Kohli in the list.

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NATIONAL AFFAIRS

India’s First Private Missile Production Facility

India’s first private sector missile sub-systems manufacturing facility, a joint venture between the $2.5 billion Kalyani Group and Israel’s Rafael Advanced Defence Systems Ltd., was inaugurated near Hyderabad.
To begin with, the Kalyani Rafael Advanced Systems (KRAS) plant will make anti-tank guided missile (ATGM) Spike and the production is expected to begin in a few weeks.

BJP Overtakes Congress in Rajya Sabha

The BJP overtook Congress to become the largest political party in the Rajya Sabha, where it now has 58 members against 57 of the main opposition party.
This is the first time that the saffron party has become the number one formation in the RS after the Narendra Modi government came to power in May 2014.
The BJP-led NDA, however, is still short of a decisive majority in the house but the joining of JD(U) to the ruling block has further boosted its numbers.

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General Awareness

Daily G.K. - Top Stories

04 Aug 2017

INTERNATIONAL AFFAIRS

U.S. Violating Nuclear Deal

UN Terror Tag for Masood Azhar Blocked Again

Pledge to Collaborate on Security Issue

BUSINESS AND ECONOMY

Services PMI to Lowest Since Sept. 2013

Titan’s Q1 Net Profit Rises

Banking Regulation Bill

SCIENCE & TECHNOLOGY

Exoplanet with Glowing Water Atmosphere

SPORTS

Pujara Goes Past Tendulkar and Kohli

NATIONAL AFFAIRS

India’s First Private Missile Production Facility

BJP Overtakes Congress in Rajya Sabha

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