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Daily G.K. - Top Stories

08 Nov 2017

INTERNATIONAL AFFAIRS

South Korea to Buy US Weapons

  • South Korea has agreed to buy US weapons to guard against threats from nuclear-armed North Korea.
  • After a summit with South Korean President Moon Jae-In, Trump also agreed to remove a warhead weight limit on Seoul`s ballistic missiles.

UN Urges Saudi Coalition to End Blockade

  • The UN urged the Saudi-led coalition to end a blockade which has halted the flow of humanitarian supplies into Yemen, further threatening some seven million people facing famine-like conditions.

Sisi Will Not Seek a Third Term

  • Egypt`s President Abdel Fattah al-Sisi said that he will not seek a third term in office.
  • He does not intend to change the constitution and its provision of a two-term presidential limit.
  • However, he did not confirm if he intended to run for a second term when his current term expires.
  • Sisi came to power in 2014, a year after he led the military in ousting elected but unpopular Islamist President Mohamed Mursi.
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ENVIRONMENT

Syria Signs Paris Climate Agreement

  • Syria has decided to sign the Paris agreement on climate change, the world’s final functioning state to do so.
  • The surprise decision by Syria will leave the US as the only country outside the agreement if it follows through on President Donald Trump’s vow to leave.
  • Syria’s decision brings to 197 the number of nations signed up to the landmark 2015 pact on global warming.
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BUSINESS AND ECONOMY

Outsourcing of Mines

  • Hindustan Copper Ltd. the country’s lone copper mining company will shortly float global tenders for two mines in Jharkhand with a total ore capacity of 3 million tonnes.
  • Located in eastern India’s Singhbhum copper belt, this includes the brownfield Rakha mine and the greenfield Chapri-Siddeshwar mine. These underground mines would be outsourced and it would take about four years for them to develop and come into full-fledged production.

RCom’s Non-wireless Assets

  • A dozen Indian and overseas companies, including private equity players such as KKR, Carlyle Group and TPG Capital and telecom operators like Airtel, Vodafone, Reliance Jio and Telstra Australia are believed to have expressed interest in buying a 51% stake in non-wireless assets of Reliance Communications (RCom), comprising undersea cables, data centres and enterprise operations.

E-filing of Tax Returns Post Demonetisation

  • According to official date, the e-filing of income tax returns (ITRs) went up by 17 per cent post demonetisation, while the rise in the 'individual filers' category was over 23 per cent.
  • Year-on-year data shows that while a total of 3,21,61,320 e-returns were filed till October 31 last year (financial year 2016-17), the figure rose to 3,78,20,889 by this October-end (FY 2017-18).
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SPORTS

Indian Won T20 Series

  • Indian bowlers defended a modest-looking 67 with admirable discipline as the hosts pipped New Zealand by six runs in the rain-hit third Twenty20 to claim the series 2-1.
  • The match was reduced to eight overs per side.

Asian Boxing Championships Final

  • Five-time world champion MC Mary Kom defeated Japan’s Tsubasa Komura to enter the final of the Asian Boxing Championships.
  • If should wins the final, the Indian would clinch her first Asian Championships gold medal in the 48 kg category.
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NATIONAL AFFAIRS

Long-range Sub-sonic Cruise Missile

  • India conducted a flight test of its indigenously designed and developed long-range sub-sonic cruise missile 'Nirbhay.'
  • The missile can carry warheads of up to 300 kg.
  • Powered by a solid rocket motor booster developed by the Advanced Systems Laboratory (ASL), the missile has an operational range of 1000 km.

Himachal Pradesh Assembly Elections

  • The BJP has released the final list of 68 candidates for the Himachal Pradesh legislative assembly elections and so has the Congress.
  • The assembly elections in Himachal Pradesh will be held on 9th November and counting will be held on 18th December.

SEBI Gets New Whole-time Member

  • Sanjeev Kaushik was appointed a whole-time member of market regulator Securities and Exchange Board of India (SEBI).
  • Kaushik, a 1992-batch IAS officer of the Kerala cadre, is the Chairman and Managing Director of India Infrastructure Finance Company (IIFCL).
  • He has been appointed to the post for a period of three years or till the age of 65 years.
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