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Daily G.K. - Top Stories

17 Nov 2018

INTERNATIONAL AFFAIRS

Fresh No-confidence Motion against New PM

Sri Lanka's President urged the speaker of parliament and some political parties to seek a fresh no-confidence motion against a Prime Minister he appointed last month, creating political instability in the south Asian country.
Earlier the parliament passed a no-confidence motion against Prime Minister Mahinda Rajapaksa and his government with the backing of 122 of the 225 lawmakers in a voice vote, followed by a signed document.
President Maithripala Sirisena has rejected the view of the parliament that Rajapaksa's appointment was unconstitutional and has called for a new motion.

North Korea tests new weapon

North Korean leader Kim Jong Un observed the successful test of an unspecified "newly developed ultra-modern tactical weapon", in an apparent bid to apply pressure on the US and South Korea.
It didn't appear to be a test of a nuclear device or a long-range missile with the potential to target the US. A string of such tests last year had many fearing war before the North turned to engagement and diplomacy. Still, any mention of weapons testing could influence the direction of stalled diplomatic efforts spearheaded by Washington and aimed at ridding the North of its nuclear weapons.
The North hasn't publicly tested any weapons since November 2017, but in recent days Pyongyang reportedly expressed anger at US-led international sanctions and ongoing small-scale military drills between South Korea and the United States.
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BUSINESS AND ECONOMY

Preethi Kitchen's New Unit in Chennai

Preethi Kitchen Appliances Pvt. Ltd., a 100% subsidiary of Royal Philips, has opened a new facility at Thaiyur to manufacture 1.20 million mixer-grinders per annum.
Philips acquired Chennai-based Preethi Kitchen Appliances during 2011.

More Say in RBI Decision-making

The government wants greater involvement in the RBI's decision-making as it feels the current practice leaves it out on many critical issues such as single-day default turning a loan into an NPA, ahead of the crucial board meeting of the central bank.
The central board of the RBI is headed by the Governor and includes two government nominee directors and 11 independent directors. Currently, the central board has 18 members, with the provision of it going up to 21.

Lanxess to Invest in India

Specialty chemicals major Lanxess will invest €150 million (Rs. 1,250 crore) by 2023 to strengthen its asset base in India. The company has identified India as one of its top four growth regions.
The focus areas of the investment will be chemical intermediates, high-performance plastics and water treatment products.
The company currently has production facilities at Jhagadia and Nagda.
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SCIENCE & TECHNOLOGY

Call Drop Benchmark by TRAI

TRAI conducted a call drop benchmark in a drive test on different highway and rail routes. All telecom operators, except Jio failed to meet the call drop benchmark. While network performance of telcos differed on highways, none of them, except RJio, could meet the call drop benchmark on the three rail routes covered under the test.
According to the quality of service rule, not more than 2 percent of total calls in a telecom circle on a network should automatically get disconnected.
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SPORTS

India Could Lose 2021 World Boxing Championship Rights

The International Boxing Federation (AIBA) has threatened to take back its decision on to give the hosting rights of the men's 2021 World Boxing Championship to India. AIBA President Gafur Rahimov said that the body will re-consider, and if need be, reopen the bidding process for the 2021 championships after the Indian government denied Kosovo boxer Donjeta Sadiku visa for the Women's World Boxing Championship.

Mithali on Top of the List of India's Highest T20 Rungetters

Mithali Raj, who anchored India's run chase with a fine half-century against Pakistan in the ongoing World T20 tournament, is on top of the list of India's highest T20 rungetters, including men and women. Mithali went past Rohit Sharma when she scored a brilliant 56 off 47 balls against Pakistan. Mithali now has 2,283 T20I runs under her belt, while Rohit and Virat Kohli have 2,207 and 2,102 runs, respectively.
Mithali has played 80 T20I innings so far, while Rohit has played 80, and Kohli 58.

Winter Games crisis for IOC as cities flee

The International Olympic Committee (IOC) is facing its most serious bidding crisis in decades as cities drop out of the 2026 Winter Games bid race en masse, leaving a field of just two candidates.
The Canadian city of Calgary became the latest to pull the plug on its 2026 Games candidacy after more than 56 percent of citizens voted against the project in a plebiscite, unconvinced the benefits of the Olympics were worth the multi-billion dollar investment.
Of an original list of seven cities, only Stockholm and an Italian bid remain and both of those are struggling for local and governmental support.
Calgary, which hosted the 1988 Winter Games, became the fourth city to drop out of bidding in mid-race, after Austria's Graz, Japan's Sapporo and Switzerland's Sion. Turkey's Erzurum was cut by the IOC last month.
The two remaining bidders are Stockholm, which pulled out of the 2022 bidding process after baulking at the Games' cost, and the fragile combined Italian candidacy of Milan and Cortina D'Ampezzo.
The Italian bid, which at one point included Torino before the city pulled out after a disagreement with the other two, is far from guaranteed the necessary political support amid the country's financial woes.
Stockholm is facing opposition from a new city government which said last month it will be against any bid that includes taxpayer funding.
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NATIONAL AFFAIRS

New Chief for Naval Dockyard

Rear Admiral Kiran Deshmukh has taken charge as the Admiral Superintendent of Naval Dockyard, Visakhapatnam from Rear Admiral Amit Bose.
He was commissioned into Indian Navy in March 1986. The Flag Officer is an alumnus of Defence Services Staff College (DSSC), Wellington and IIT, Chennai.

Railways to Set up Medical Colleges

The Indian Railways is planning to establish medical colleges to offer postgraduate courses for doctors at 10 of its existing hospitals across India.
As per reports, the process is in a very nascent stage right now and that the national transporter has already identified 10 hospitals with 300 or more beds across India, where there courses will be taught.
The official said that the proposal has been cleared by the Railway Board and now, the Railways is in the process of getting permissions from the Medical Council of India (MCI).

PM Modi calls for 'great wall of trust' 

Ahead of his meeting with President Xi Jinping on the margins of the G20 Summit in Argentina this month, Prime Minister Narendra Modi spoke of the need for contacts between India and China to build a "Great Wall of Trust and Cooperation". Modi's remarks came in the form of a message read out to participants of the China-India Youth Dialogue 2018 at the Chinese embassy. Chinese envoy Lou Zhaohui, in his speech at the event, spoke of the need to synergise India's 'Act East' policy with China's 'One Belt, One Road' (OBOR) initiative, which New Delhi doesn't endorse.
Modi and Xi are set to meet for the fourth time this year during the G20 Summit. They have met twice since Wuhan - on the margins of the Shanghai Cooperation Organisation (SCO) Summit in Qingdao in June, and the sidelines of the BRICS (Brazil, Russia, India, China, South Africa) Summit in Johannesburg, South Africa, in July.
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