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Daily G.K. - Top Stories

20 Jul 2018

INTERNATIONAL AFFAIRS

Theresa May Wins Key Brexit Vote

British Prime Minister Theresa May narrowly survived another crunch Brexit vote in Parliament, as she struggles to unify her divided party around her strategy for leaving the European Union.
The Conservative government defeated an amendment introduced by its own backbench MPs to a future trade policy bill which would have kept Britain in a customs union with the EU if it fails to agree a free trade deal.

Retaliatory Tariffs Hurting US

As per reports, the retaliatory tariffs being imposed by countries like India and China are having an adverse impact on US agricultural products.
The Trump administration's decision in March to impose tariffs on aluminium and steel imports has triggered a trade war with several countries.

Lanka Awaits Report for India JV

The Sri Lankan government is awaiting a report from experts to finalise its joint venture with India, to run the loss-making Mattala Airport.
According to the proposed joint venture between the Airports Authority of India and the Airport & Aviation Services in Sri Lanka, India will own a 70% stake and pump in $225 million to revamp and run the airport, while the Sri Lankan side will invest the rest. As per the draft agreement, fine-tuned over three formal rounds of negotiations in Colombo, India will operate the airport on a 40-year lease.
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ENVIRONMENT

Study of World's Beaches

A first-of-its-kind survey of the world's sandy shorelines with satellite data found that they have increased slightly on a global scale over the past three decades but decreased in protected marine areas, where many beaches are eroding.
Erosion in protected areas could threaten plants, animal species and cultural sites.
The view from space provided researchers of just how much of Earth's shorelines are beaches. They found that about a third (31 per cent) of all ice-free shorelines are sandy or gravelly. Africa has the highest proportion of sandy beaches (66 per cent) and Europe has the lowest (22 per cent).
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BUSINESS AND ECONOMY

New Hundred Rupee Notes

The Reserve Bank will soon issue new Rs. 100 notes in lavender colour having motif of 'Rani ki vav' - a stepwell located on the banks of Saraswati River in Gujarat's Patan.
All Rs. 100 banknotes issued earlier will also continue to be legal tender.

India tops Skilled Visa Immigrants' List

Data released by Australian Bureau of Statistics shows India contributed the maximum number of individuals on skilled visa. The data comes at a time when Australia is witnessing fierce public debate on immigration amidst concern about jobs and overcrowding in major cities.

NCLT Clears AION-JSW Bid

The National Company Law Tribunal approved a bid by a consortium of Aion Investments Pvt. Ltd. and JSW Steel Ltd. to acquire the bankrupt Monnet Ispat & Energy Ltd.
The Aion-JSW consortium was the sole bidder for the 1.5 million tonne asset in Chhattisgarh.
The bankrupt Monnet owes over Rs 11,000 crore to a clutch of lenders.
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SCIENCE & TECHNOLOGY

New Moons Discovered Circling Around Jupiter

A team of astronomers has reported the discovery of a dozen new moons circling the Jupiter bringing the number of moons circling the giant gas planet to 79. Saturn is the closest with 61 moons circling it.
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NATIONAL AFFAIRS

RTI Amendment Bill

In temporary relief for the right to information crusaders, the government agreed to the Opposition's request to send the Right to Information Amendment Bill to a select committee of Rajya Sabha after the Bill is introduced in the House.
The proposed amendments seek to grant the power to the government to fix salaries and tenures of state and central information commissioners.

Crackdown on Economic Offenders

The Lok Sabha passed a bill that empowers authorities to attach and confiscate the assets of fugitive economic offenders and aims to deter them from fleeing the country in an attempt to evade prosecution.
The Fugitive Economic Offenders Bill, 2018 replaces the fugitive economic offenders' ordinance that was promulgated in April to initiate seizure of assets of jewellers Nirav Modi and his uncle Mehul Choksi.
The bill allows for a person to be declared a fugitive economic offender if an arrest warrant is issued against him/her for any specified offence involving over Rs 100 crore and the accused leaves the country and refuses to return to face prosecution.

Doyen of Hindi Poetry Neeraj Passes Away

Doyen of Hindi poetry Gopal Das Neeraj passed away on Thursday evening at the AIIMS trauma centre here. He was 93.
He had also written songs for Bollywood films. Neeraj had penned several hits such as 'Ae Bhai Zara Dekh Ke Chalo', 'Dil Ne Phir Yaad Kiya', 'Dil Aaj Shayar Hai', 'Likhe Jo Khat Tujhe, among others.
He was awarded Padma Shri in 1991 and Padma Bhushan in 2007.
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