General Awareness

Daily G.K. - Top Stories

04 May 2018

INTERNATIONAL AFFAIRS

Iran to Quit N-deal if U.S. Walks Away

Iran warned that it will quit a landmark nuclear deal with world powers if President Donald Trump pulls the U.S. out of the accord.

Ali Akbar Velayati, foreign policy adviser warned against any move to try to renegotiate the deal signed by Iran and six world powers in 2015 curbing Tehran's nuclear programme in exchange for sanctions relief. "Iran accepts the nuclear agreement as it has been prepared and will not accept adding or removing anything,"

China Installs Cruise Missiles

As per reports, China has installed anti-ship cruise missiles and surface-to-air missile systems on three of its outposts in the South China Sea.

The move, if confirmed, would mark the first Chinese missile deployments in the Spratly Islands, where several Asian countries including Vietnam and Taiwan have rival claims.

World's Largest Glasshouse Reopens

London's Kew Gardens is to reopen its Temperate House - the world's largest Victorian glasshouse - after a five-year restoration.

The vast greenhouse is now home to a geographically arranged collection of 10,000 plants from of temperate climates around the world - areas sometimes described as "the Goldilocks zone" of the planet, where plants are safe from frost.

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ENVIRONMENT

Hawaii Bans Sunscreens Harmful to Coral Reefs

This week Hawaii took action on the issue, passing a bill that will make it the first US state to ban sunscreens that are harmful to coral reefs. If subsequently signed by state governor David Ige, the ban will come into place in January 2021.

The bill focuses on two chemicals - oxybenzone and octinoxate - that are found in many sunscreens and notes that they have significant harmful impacts on Hawaii's marine environment and residing ecosystems.

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BUSINESS AND ECONOMY

Hedera Consulting Acquired by Cognizant

Cognizant has acquired Hedera Consulting, a firm specialising in business advisory and data analytics services across industry sectors.

Based in Kontich, Belgium, Hedera Consulting works with leading brands across various industries. Hedera's consultants and data scientists specialise in helping clients with growth strategy, innovation, marketing, sales and customer service.

Decline in Agricultural Exports

As per reports, India's agricultural exports have declined by a massive 10 per cent in the last five years.

Agri exports had declined to $33.87 billion in 2016-17 from $43.23 billion in 2013-14.

Flipkart Does $350m Buyback

Flipkart has executed a buyback of shares from a group of investors to convert the e-commerce company into a private limited firm under Singaporean laws. According to regulatory filings made by the e-commerce major in Singapore, and sourced through data platform Paper.vc, Flipkart has paid a set of investors �" including T Rowe Price and Valic �" about $350 million to purchase 18,95,574 preference shares.

In 2014, Flipkart had applied to Singapore's registrar and regulator, where it is incorporated, for conversion into a public company as it was a mandatory procedure for entities with more than 50 shareholders.

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SPORTS

Dadasaheb Phalke Award

Late actor Vinod Khanna and Sridevi were conferred with Dadasaheb Phalke awards posthumously at the 65th National Film Awards that were organised in New Delhi's Vigyan Bhawan.

Srikanth Third in World Rankings

Star shuttler Kidambi Srikanth has climbed to the third spot in the latest rankings released by the Badminton World Federation (BWF).

Fellow Indian H.S. Prannoy occupied the eighth spot.

Viktor Axelsen of Denmark is at the top spot followed by South Korean Son Wan Ho.

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NATIONAL AFFAIRS

Defence Panel Decides to Fast-track Military Purchases

The newly constituted all-powerful defence panel for defence planning headed by National Security Advisor (NSA) Ajit Doval for chalking out the country's military and security strategy has decided to chart a time-bound action plan for accelerating military purchases, in its inaugural meeting.

The meeting was held under the chairmanship of Doval and was attended by the three Service Chiefs.

Led by NSA Ajit Doval, the all-powerful defence panel comes under the Prime Minister's Office (PMO) and works with an aim to make decisions on military purchases much faster.

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General Awareness

Daily G.K. - Top Stories

04 May 2018

INTERNATIONAL AFFAIRS

Iran to Quit N-deal if U.S. Walks Away

China Installs Cruise Missiles

World's Largest Glasshouse Reopens

ENVIRONMENT

Hawaii Bans Sunscreens Harmful to Coral Reefs

BUSINESS AND ECONOMY

Hedera Consulting Acquired by Cognizant

Decline in Agricultural Exports

Flipkart Does $350m Buyback

SPORTS

Dadasaheb Phalke Award

Srikanth Third in World Rankings

NATIONAL AFFAIRS

Defence Panel Decides to Fast-track Military Purchases

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