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Daily G.K. - Top Stories

25 Sep 2017

INTERNATIONAL AFFAIRS

Countries on New US Travel Ban

  • President Donald Trump has issued a new travel ban that saw North Korea, Venezuela, and Chad among a list of eight countries cited for poor security and lack of cooperation with US authorities.
  • Trump ordered the new restrictions yesterday to replace an expiring measure that had locked him into political and legal battles over what critics alleged was an effort to block Muslims from entry into the country.
  • Other countries included in the ban were Iran, Libya, Somalia, Syria, and Yemen.

Angela Merkel Wins Fourth Term

  • Chancellor Angela Merkel`s conservatives beat their rivals to win her a fourth term in an election that will also bring a far-right party into Germany`s parliament for the first time in more than half a century.
  • Merkel`s conservative bloc won 32.5 per cent of the vote, making them the largest parliamentary group. However, that was down from 41.5 per cent in the last election, in 2013.
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BUSINESS AND ECONOMY

Essar Invests in Vizag Port Facility

  • Essar Ports has invested Rs. 830 crore to upgrade and almost double the iron ore handling capacity of its Vizag Terminal (outer harbour) in Andhra Pradesh.
  • The capacity enhancement work from 12.5 million metric tonnes per annum (MMTPA) to 23 MMTPA is nearing completion and will be fully operational in November this year.

Trading Ban Revoked on 14 Entities

  • Regulator SEBI has lifted trading ban on 14 entities which were alleged to have misused the stock market platform for money laundering and tax evasion as it did not find any adverse evidence against them.
  • So far this month, the watchdog has revoked trading restrictions imposed on more than 750 entities in different cases related to making fictitious long term capital gains (LTCG).

India-focused Offshore Funds

  • India-focused offshore equity funds and ETFs have registered a net investment of USD 140 million in August, making it the lowest inflow for the category this year so far
  • With this, total inflow has reached to over USD 5.3 billion in the first eight months of the year.
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SPORTS

India Tops ODI Rankings

  • India won the third one-day international match against Australia, taking an unassailable 3-0 lead in the 5-match series. And thus, once again reclaimed the No. 1 spot in the ICC ODI Team rankings, edging past South Africa by only one rating point.
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NATIONAL AFFAIRS

Gurugram Municipal Polls

  • Thirteen BJP, twenty--one independents and one INLD candidate emerged victorious in the Gurugram Municipal Corporation elections.
  • A total of 202 candidates were in the fray for 35 wards.
  • There are a total 5,58,884 voters in Gurgaon out of which 2,76,420 cast their votes at 546 polling booths.
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