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Daily G.K. - Top Stories

09 Jan 2018

INTERNATIONAL AFFAIRS

China backs off from eastern front ‘very maturely’

China has agreed to stop road-construction activity across the Line of Actual Control near Bishing in the Tuting area of Arunachal Pradesh, with Indian troops returning the two earth excavators and other equipment seized from Chinese workers. As for Doklam, near the Sikkim-Bhutan-Tibet tri-junction, where the rival troops were locked in an eyeball to eyeball confrontation for 73 days before disengaging on August 28, there was a major reduction in the number of soldiers on the Chinese side.

Emirates and Etihad Join Forces for Airline Security

Emirates and Etihad Airways signed a security pact to share information and intelligence, the first agreement between the two rival airlines based in the UAE. Emirates is owned by the government of Dubai, and Etihad is owned by the government of Abu Dhabi. MoU involves Emirates unit Emirates Group Security and Etihad parent Etihad Aviation Group working together on operational areas both within and outside the UAE. The agreement was signed by Emirates president Tim Clark and Etihad’s new group chief executive Tony Douglas. Emirates and Etihad face common challenges; a lobbying campaign in the US to investigate accusations that they are unfairly state subsidised, which they both deny, as well as overcapacity, security concerns, and a drop in regional business travel.

Oprah Gets Lifetime Award

Oprah Winfrey became the first black woman to be awarded a Golden Globe for lifetime achievement, delivering an impassioned speech in support of those who have exposed sexual misconduct in Hollywood and beyond. Actress, movie and television producer, and chief executive of her OWN cable channel, Winfrey, 63, was celebrated as a role model for women and a person who has promoted strong female characters. Winfrey, who along with most of the show’s other attendees donned a black gown to show support for victims of sexual misconduct, was the first black woman to receive the annual Cecil B De Mille award, joining the likes of Meryl Streep, Steven Spielberg, Barbra Streisand and Sophia Loren.

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BUSINESS AND ECONOMY

VIP copter deal

Citing insufficient evidence, an Italian appeals court acquitted two top executives of defence and aerospace giant Finmeccanica of charges of alleged bribes paid in exchange for the Rs. 3600 crore VVIP chopper deal with India in 2010. Milan’s third court of appeal acquitted Giuseppe Orsi, the former president of Finmeccanica, and Bruno Spagnolini, former CEO of the company’s helicopters subsidiary Agusta Westland, who had also been handed a four-year jail term on the same charges. Soon after the verdict, the order of the Italian appeals court will have no adverse bearing on their case in Agusta Westland deal.

Vedanta Leads Electrosteel Race with Highest Offer

Anil Agarwal’s Vedanta submitted the highest bid for bankrupt Electrosteel Steels, ahead of a TATA Group bid. The other bidders were Renaissance Group promoted by Abhishek Dalmia and an overseas fund backed by Edelweiss. The Vedanta bid was worth about Rs. 4,500 crore, although it may include an additional “sweetener”, without providing further details. The TATA bid was said to be worth about Rs. 3,500 crore.

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SCIENCE & TECHNOLOGY

SpaceX Launches Secret Zuma Mission

SpaceX blasted off a secretive US government payload known as Zuma, a mission whose nature and the agency behind it remains a mystery. The launch was initially supposed to take place in November but was postponed so the California-based company could take a closer look at potential problems with the fairing, or the nose cone part of the rocket that protects the payload. SpaceX has launched national security payloads in the past, including a spy satellite for the National Reconnaissance Office, and an X-37B space plane for the US Air Force. SpaceX chief executive Elon Musk’s goal is to perfect the technique so that rockets can one day become just as reusable as airplanes, thereby lowering the cost of space travel. 

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SPORTS

India Crashland

It is not often that India put themselves in a position to win a Test match on a spicy pitch at a venue such as Cape Town, but that is precisely what they did. In cricket, bowlers are always viewed as second-hand citizens, batsmen hogging the limelight and taking all the glory, and India’s leather flingers certainly have good reason to feel that they had done their job, only for the batsmen to crumble when it mattered the most. In the end, High-flying Indian team suffered a hard landing in Cape Town, lost their first Test by 72 runs in less than 3 days.

‘Padmavat’ to ‘Release on January 25’; Not in Rajasthan

After facing several roadblocks, Sanjay Leela Bhansali’s controversial film ‘Padmavati’, retitled ‘Padmavat’, seems set for a January 25 release. The film, mired in controversy over its plot line, has been cleared by the Central Board of Film Certification (CBFC), which has asked the makers to change the title and suggested other modifications. The film was earlier scheduled to be released on December 1. Though Viacom 18 Motion Pictures and Sanjay Leela Bhansali have not released an official statement yet, the film will release on January 25, a day before Republic Day. Meanwhile, Rajasthan chief minister Vasundhara Raje announced that ‘Padmavat’ will not release in the state.

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NATIONAL AFFAIRS

Reference Book on LS Polls, 1952 to 2014, Released

A reference book on the Lok Sabha elections held between 1952 and 2014, with details of all the constituencies in the form of an atlas, has released. The “Election Atlas of India” contains the poll results of all the parliamentary constituencies, from the first general election in 1951-52 till the 2014 polls, which led to the formation of the 16th Lok Sabha. The book contains demographic features of parliamentary constituencies, based on the 2011 census report. 

ISRO set to launch 1st satellite of ’18 on Jan 12

ISRO is gearing up for its first launch this year on January 12 when it will send its latest remote sensing satellite of the Cartosat-2 series along with 31 small satellites into space. 28 are from foreign countries and two are from Isro. Foreign nations sending their micro and nano satellites on this flight include US and Finland.The launch, scheduled from the Sriharikota spaceport, was earlier tentatively marked for January 10. Following the Cartosat launch, ISRO will launch GSLV Mk II and the heaviest GSLV Mk III rocket thereafter, in February and March, respectively. ISRO’s high-profile Chandrayan-II mission is also scheduled for launch in March.

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