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Daily G.K. - Top Stories

27 Aug 2017

INTERNATIONAL AFFAIRS

N. Korea Fires Missiles into Sea

  • North Korea fired several rockets into the sea in the continuation of its rapid nuclear and missile expansion, prompting South Korea to press ahead with military drills involving U.S. troops that have angered Pyongyang.
  • According to South Korea’s presidential office and military, North Korea fired several projectiles in what was presumed as a test of its 300-mm rocket artillery system.
  • The U.S. and South Korean militaries would proceed with their ongoing war games even more thoroughly in response to the launch.

U.S. - Pakistan Alliance

  • The new Afghan strategy announced by U.S. President Donald Trump, which attacked Pakistan for providing safe havens to terrorists and offered India a greater role in Afghanistan, has put Islamabad in a tight spot. The political and military leaderships, usually divided on every governing issue, have come on one page to strongly condemn Mr. Trump’s remarks. Prime Minister Shahid Khaqan Abbasi chaired a National Security Committee meeting, which rejected President Trump’s Afghan strategy, and stated that Indian policies were inimical to peace in the region.
  • In the words of Foreign Minister Khawaja Asif, the Americans are scapegoating Pakistan for their failure in Afghanistan. Opposition politicians also joined the government in slamming the U.S.

Nawaz Sharif Files Review Petition

  • Pakistan's ousted Prime Minister Nawaz Sharif submitted another review petition in the Supreme Court challenging his disqualification in the Panamagate case.
  • In the fresh review petition, Sharif said that he was not bound to declare it in papers submitted with the election commission as under income tax laws only such a salary is declared which has been received by the filer.
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ENVIRONMENT

New Species of Long Necked Dinosaurs

  • Scientists have discovered a new species of long-necked titanosaurian dinosaur in Tanzania that lived about 70 to 100 million years ago.
  • The new species named Shingopana songwensis is a member of the gigantic, long-necked sauropods. Its fossil was discovered in the Songwe region of the Great Rift Valley in southwestern Tanzania.
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BUSINESS AND ECONOMY

Jet Airways Ties up with Airbnb

  • Jet Airways has tied up with Airbnb, allowing to offer a wide range of global hospitality choices to its guests from India.
  • The partnership will give momentum to the growth of Airbnb's footprint in the Indian market by establishing a deeper connect with the new-age Indian traveller.

Bharat Bill Payment System

  • The National Payments Corporation of India (NPCI) has given a nod to Spice Digital Ltd. for processing bill payments under the Bharat Bill Payment System (BBPS) as a Bharat Bill Payment Operating Unit.
  • Spice Money Ltd, a fintech company had received an in-principle approval to set-up as a BBPOU under the Payment and Settlement Systems Act, 2007 in May 2016. In August 2016, NPCI had launched a pilot project for BBPS with eight BBPS operating unit, Spice Digital was one of them.

Ban on Import of Gold and Silver

  • The Directorate General of Foreign Trade (DGFT) in the Union Commerce Ministry has banned duty free imports of gold, silver items from South Korea.
  • These restrictions were imposed against the backdrop of sudden surge in imports of precious metals from South Korea, with which India has a free trade agreement (FTA) since January 2010. Now, importers will now have to obtain a license from the DGFT for importing gold and silver from South Korea.
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SPORTS

Sindhu Enters World Championships Final

  • Fourth seed Sindhu defeated China’s Chen Yufei and entered the final of the World Badminton Championships.
  • She will face Japan’s Nozomi Okuhara in the final.
  • Saina Nehwal lost in the women`s singles semi-finals.
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NATIONAL AFFAIRS

Five-member Team to Raise Gorkhaland Demand

  • A five-member delegation of the Gorkha Janmukti Morcha (GJM) will attend an all-party meeting (later this month) convened by the West Bengal government on the Darjeeling issue, and raise the demand for a separate state of Gorkhaland during the parleys.
  • As per the Communist Party of India-Marxist (CPI-M) state Secretary Surjya Kanta Mishra, the party was in favour of a tripartite meeting between the hills parties, state and central government to resolve the crisis.
  • Normal life has been paralysed in the hills covering large areas in Darjeeling and Kalimpong districts following the indefinite shutdown called by the GJM since June 12 on the statehood demand.

Task Force on Artificial Intelligence

  • The Union Ministry of Commerce and Industry has constituted a Task Force on Artificial Intelligence (AI) for India’s Economic Transformation. The 18-member panel will be headed by Dr. V. Kamakoti of IIT Madras. It will comprise of experts, academics, researchers and industry leaders.
  • The Task force will explore the possibilities to leverage AI for development across various fields. It will submit concrete and implementable recommendations for government, industry and research institutions.
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