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Daily G.K. - Top Stories

17 Sep 2017

INTERNATIONAL AFFAIRS

Iceland PM Resigns

  • Iceland’s President has accepted the resignation of the island’s Prime Minister Bjarni Benediktsson, who says an election mostly likely will be held on November 4.
  • Mr. Benediktsson lost his nine-month-old, centre-right coalition after one party quit over an attempt by the Prime Minister’s father to help clear the name of a convicted paedophile.
  • A small centrist party, Bright Future, quit the ruling coalition.
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BUSINESS AND ECONOMY

SAIL to Begin Tasra Project Work

  • Steel Authority of India Ltd. is planning to commence work on the Tasra coking coal project with Lanco Infratech Ltd. against whom a corporate insolvency resolution process has been initiated.
  • Tasra is about 25 km from Dhanbad in Jharkhand, and SAIL is pinning its hopes on this project in the Jharia coalfields to part-secure its coking coal requirement.
  • The project will be developed by Lanco Infratech, a mine development operator (MDO) with whom SAIL had signed an agreement for developing the project at a cost of Rs. 400 crore within two years.
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NATIONAL AFFAIRS

Arjan Singh Passes Away

  • Marshal of the Indian Air Force Arjan Singh, one of independent India’s most celebrated soldiers, passed away in the national capital.
  • One of the heroes of the 1965 war with Pakistan, Arjan Singh became the chief of IAF when he was just 44.
  • Singh received the Distinguished Flying Cross in 1944.

Yudh Abhyas 2017

  • The armies of India and the US commenced a joint military exercise at a base in Washington State to hone tactical skills in counter-insurgency and counter-terrorist operations.
  • Yudh Abhyas 2017', a joint military exercise, saw representation from 5th Infantry Battalion of 20 Infantry Regiment of the US Army while the Indian side was represented by soldiers of Gorkha Rifles from the Surya Command.
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