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Daily G.K. - Top Stories

12 Jul 2019

INTERNATIONAL AFFAIRS

No-confidence Motion against Sri Lanka Govt. Defeated

  •  A trust vote on the government presented by the opposition Janatha Vimukthi Peramuna (JVP) in Sri Lankan Parliament was defeated with a majority of 119 legislators in the 225-member House voting against it.
  • The leftist JVP or Peoples' Liberation Front, an opposition party, had submitted a motion accusing the ruling coalition of failing to prevent the April 21 Easter terror attacks despite the fact that proper information had been made available regarding suicide terrorists.
  • Following a two-day debate, a total of 92 lawmakers from President Maithripala Sirisena's Sri Lanka Freedom Party (SLFP), which pulled out of government in October 2018, the coalition backing former President and Leader of Opposition Mahinda Rajapaksa, and the JVP voted in favour of the no-confidence motion.
  • Muslim MPs, who had resigned protesting demonisation of the community following Easter attacks and the opposition Tamil National Alliance (TNA) voted in favour of the government. 

India Urges Commonwealth to Readmit Maldives as Member

  •  India has urged the Commonwealth to expedite readmission of the Maldives as a member country.
  • External Affairs Minister S. Jaishankar conveyed India's stand at the 19 Commonwealth Foreign Affairs Ministers Meeting in London.
  • The support came weeks after Mr. Modi visited Male in his first overseas trip after his re-election.
  • The Maldives withdrew from the Commonwealth during the tenure of President Abdullah Yameen in 2016 after the Commonwealth expressed serious concern over the deteriorating human rights situation in the country.
  • Ibrahim Mohamed Solih was elected President in a democratic wave against the rule of Mr. Yameen.
View Month Wise

BUSINESS AND ECONOMY

Amnesty for Commercial Tax Disputes

  •  The Union government is set to open a three-month window for taxpayers to resolve existing excise and service tax disputes on a no penalty, no interest, no prosecution principle in a new one-time scheme that aims to monetise a chunk of the Rs 3.75 lakh crore of disputed taxes stuck in various tribunals.
  • The Union finance ministry, which is working on the details of the scheme, would announce it soon to fulfil two objectives — augment its revenue in the current financial year, and settle old legacy issues from the previous indirect tax.

GIC, ADIA Invest in Hyderabad-based Greenko Energy

  •  In one of the largest funding rounds by an Indian clean energy producer, sovereign wealth funds GIC Holdings Pte. Ltd and Abu Dhabi Investment Authority (ADIA) agreed to pump in an additional $329 million in Greenko Energy Holdings.
  • This fresh tranche follows the $495 million investment in June 2019 by the sovereign wealth funds in Greenko to build power storage projects.
  • With multilateral and bilateral agencies, as well as sovereign wealth funds, not showing interest in businesses contributing to climate change, the two sovereign funds have so far infused $2.2 billion in Greenko (including the fresh round), which was founded by Mahesh Kolli and Anil Kumar Chalamalasetty.
  • Greenko Energy Holdings (Greenko), one of India's leading renewable energy companies, announced the signing of definitive agreements for a primary equity raising of $824 million, which includes a previously announced $495 million raising towards IREP (integrated renewable energy project) Projects Equity commitment, from an affiliate of GIC and by the Abu Dhabi Investment Authority (ADIA).
  • The investment comes in the backdrop of a power sector package, comprising a new tariff policy and structural reforms in the offing, announced by finance minister Nirmala Sitharaman in her budget speech.
  • While GIC and ADIA hold 61% and 15%, respectively, in Greenko, Kolli and Chalamalasetty own the remaining 24%.
  • Greenko has a total renewable energy operational capacity of 4.2 gigawatts (GW), with 7GW under construction.

Carlos Slim's Bank to Acquire Stake in Brazil Unit

  •  As per reports, Brazilian antitrust watchdog Cade approved Mexican lender Inbursa's acquisition of a roughly 33% stake in the Brazilian unit of payment technology company Global Payments Inc.
  • Inbursa, which is controlled by the family of billionaire Carlos Slim, intends to have a card processor business in Brazil through Banco Inbursa SA.
  • Inbursa informed it that Global Payments and Slim's Brazilian subsidiary of America Movil may forge a partnership in the future.    
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SCIENCE & TECHNOLOGY

Bahubali Gearing up for Moon

  •  India's heavy lift rocket Geosynchronous Satellite Launch Vehicle - Mark III (GSLV Mk III), nicknamed as 'Bahubali', and its passenger Chandrayaan-2 were being readied up for their historic flight to the Moon on July 15, 2019.
  • Preparations are going at a hectic pace at the Satish Dhawan Space Centre in Sriharikota for the July 15, 2019 early morning launch at 2.51 a.m. 

Japanese Spacecraft Makes Final Touchdown on Asteroid

  •  A Japanese spacecraft touched down on a faraway asteroid, where it would collect space rock that may hold clues to how the Solar System evolved.
  • It is the second touchdown for the robotic Hayabusa-2 craft, which grabbed rocks from the asteroid in February 2019.
  • Hayabusa-2 is due to bring the specimens back to Earth in 2020.
View Month Wise

SPORTS

Sardar Sajjan Singh Sethi Masters Championship

  •  Some of the best shooters of the country are scheduled to compete in the 12th Sardar Sajjan Singh Sethi Masters shooting championship to be staged at the Dr. Karni Singh Range, Tughlakabad, from July 28 to August 2, 2019.
  • All the shooters who have won the Olympic quota place for Tokyo 2020 - Anjum Moudgil, Apurvi Chandela, Saurabh Chaudhary, Abhishek Verma, Divyansh Singh Panwar and Manu Bhaker - are scheduled to compete in the Championship which is on the basis of invitation only.

Indian Squad for Junior WC Reach Suhl

  • The biggest and best, a 54-member Indian shooting contingent has reached Suhl, Germany, for the Junior World Cup scheduled to be held from 14th July.
  • Shreya Agrawal, Anish Bhanwala, Arjun Singh Cheema, Mehuli Ghosh, Hriday Hazarika, Vivaan Kapoor, Manisha Keer, Udhayveer Sidhu, Vijayveer Sidhu, Adarsh Singh, Esha Singh, Aishwarya Pratap Singh Tomar and Elavenil Valarivan are some of the leading shooters, expected to deliver the medals.
  • Some of the leading coaches like Jaspal Rana, Suma Shirur, Ved Prakash, Satguru Das and Deepak Dubey have accompanied the team.
  • India had topped the table in 2018 with 15 gold and a total of 26 medals. China was second with 21 medals including six gold.
  • About 55 countries are expected to field 652 shooters. Host Germany would have the second largest contingent of 40 shooters. Russsia (36), China (34), Czech Republic (34), Italy (32), US (31), Britain (29), France (28), Poland (25) and Japan (20) would be other countries with big teams. 

Commonwealth Weightlifting Championships

  •  National champion Achinta Sheuli lifted a total of 305 kg to win the men's 73kg crown in the Commonwealth weightlifting championships. Sheuli also bagged the junior title.
  • Youth Olympics gold medallist Jeremy Lalrinnunga, who competed in the 67 kg category, created a new Youth World, Asian and Commonwealth record in snatch event with a lift of 136kg but missed out in clean and jerk and could not manage a total.
View Month Wise

NATIONAL AFFAIRS

Six from TN Elected Unopposed to Rajya Sabha

  •  According to K. Srinivasan, the Returning Officer and Secretary of Tamil Nadu Legislative Assembly Secretariat, six candidates belonging to the ruling AIADMK, DMK, PMK and MDMK were elected to the Rajya Sabha unopposed.
  • As per Srinivasan, N. Chandrasegharan, Muhammath John (both from AIADMK), M. Shanmugam, P. Wilson (both from DMK), Anbumani Ramadoss (PMK) and Vaiko (MDMK) have been duly elected to fill the vacancies of six members of Council of States retiring on July 24, 2019.
  • The AIADMK has 123 MLAs in the 234-member Tamil Nadu Assembly, while the DMK has a strength of 101. DMK ally Congress has seven MLAs, there is one Independent member, while two seats are vacant.
  • The elections were held to fill up the vacancies created by the retirement of five Rajya Sabha members -- T. Rathinavel, V. Maitreyan, K.B. Arjunan, R. Lakshmanan (all AIADMK) and D. Raja (CPI) -- and the resignation of DMK''s Kanimozhi following her victory in the 2019 Lok Sabha polls.

Nagaland to Frame RIIN Norms after Consultation

  •  The Nagaland government said that guidelines for implementing a localised version of the National Register of Citizens, being updated in Assam, would be framed in consultation with civil society groups and traditional tribal bodies.
  • The decision follows remarks from organisations such as the Naga Hoho, the apex body of all Nagaland's tribes, that the Register of Indigenous Inhabitants of Nagaland (RIIN) was premature and could have serious ramifications.
  • Other groups, including the Naga Students' Federation, said that the survey should be restricted to non-locals.
  • The RIIN exercise was launched with designated teams surveying people living in every village and urban ward to prepare a list of indigenous inhabitants who would be provided a certificate.
  • Nagaland's Home Commissioner R. Ramakrishnan said that the concerns and observations of different sections was a welcome development.

10 Goa Congress Dissidents Join BJP

  •  Ten Goa lawmakers who split from the Congress formally joined the Bharatiya Janata Party (BJP), ending the saffron party's dependence on allies and independents to run the government.
  • The 10 legislators, who would not attract censure under the anti-defection law because they form two-thirds of the Congress in the state, were inducted into the BJP in the presence of working president JP Nadda and Chief Minister Pramod Sawant. 
  • As per reports, a rejig in the council of ministers would happen soon to accommodate some of the 10 MLAs. Goa currently has 12 ministers, including Sawant, and three of them are from the Goa Forward party and two are independent MLAs
  • With 10 Congress MLAs joining the BJP, its strength in the 40-member assembly has gone up to 27 while the Congress's has reduced to five. The BJP now does not need support of the Goa Forward or independent MLAs.
View Month Wise

DEFENCE

KRAS Secures Order for Barak-8 Missile Kits

  •  In a major boost under 'Make In India' initiative of the Centre, the Kalyani Rafael Advanced Systems Ltd (KRAS), India secured a $ 100 million order from Isreal-based Rafael Advanced Defense System to supply 1,000 Barak-8 MRSAM missile kits for the Indian Army and the Indian Air Force.
  • Over the last few years, Rafael Advanced Defense Systems' collaboration with the Indian defence industry led to the investment of more than $ 250 million as part of the Make In India initiative. 
  • A 49:51 venture between Rafael Advance Systems and Kalyani Strategic Systems Ltd, KRAS plans to develop these systems at the Hyderabad facility located near the international airport.
  • These systems would be supplied to Bharat Dynamics Limited (BDL) for further integration.

North Korea Warns of Military Reaction

  •  North Korea said that South Korea's planned deployment of new US stealth fighter jets was an extremely dangerous action that would compel it to use special armaments to shoot them down.
  • South Korea, a major US ally, received its first two F-35A jets, one of the world's most advanced military aircraft, in March 2019 under a US$7 billion contract signed in 2014.
  • The country plans to deploy 40 of the American jets by the end of 2021, with around a quarter of those expected to be operational in 2019.
  • As per reports, the North has no other choice but to develop and test the special armaments to completely destroy the lethal weapons reinforced in South Korea.
View Month Wise

PERSONS IN NEWS

DCP Madhur Verma Shifted to Arunachal

  •  Deputy commissioner of police (New Delhi district) Madhur Verma, who was also the spokesperson of the Delhi Police, was transferred to Arunachal Pradesh.
  • In a similar order issued by the home ministry, Verma's wife, Niharika Rai, a 2005-batch IAS officer, was also transferred to Arunachal Pradesh.
  • Assistant commissioner of police (ACP) Anil Mittal who is presently posted as the additional spokesperson will discharge duties of the spokesperson till further orders.
  • Similarly, additional deputy commissioner of police (New Delhi) was given the district's charge until the name of new DCP is announced.
View Month Wise

TOURISM AND HOTEL INDUSTRY AWARENESS

Vistara Announces First International Flight

  •  Full-service carrier Vistara announced first international flight to Singapore from Delhi and Mumbai starting August 6.
  • Vistara will operate two daily flights to Singapore, one each from Delhi and Mumbai, providing its globally applauded service to travellers on these routes.
  • Vistara, joint venture of Tata Sons and Singapore Airlines, would fly its Boeing 737-800NG aircraft with two-class cabin configuration (Business and Economy) to Singapore.
  • The airline announced introductory all-inclusive round-trip fares at Rs. 21,877 for Delhi-Singapore-Delhi and Rs. 20,778 Mumbai-Singapore-Mumbai.
View Month Wise
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