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Daily G.K. - Top Stories

14 Sep 2020

INTERNATIONAL AFFAIRS

Japan's Suga Poised to Win Party Race

  • Japanese Chief Cabinet Secretary Yoshihide Suga, a longtime loyal aide of outgoing Prime Minister Shinzo Abe, is poised to win a ruling party leadership election, virtually ensuring that he replaces Abe this week in the nation's top job.
  • Mr. Suga said that he would pursue Mr. Abe's key economic and foreign policies, is expected to get the bulk of votes from 394 Liberal Democratic Party (LDP) lawmakers and is likely to win a majority of 141 votes from the party's local chapters.

Macron Presses Lebanese Politicians as Cabinet Deadline Looms

  • French President Emmanuel Macron has been pressing Lebanese politicians to deliver on promises to form a new government this week and haul the country out of its worst crisis since the 1975-1990 civil war.
  • Lebanon's leaders had promised Macron on September 1, during his visit to Beirut, that they would form a cabinet of technocrats without party loyalties in about two weeks to end a crippling economic crisis made worse by a huge August 4 blast in the capital.
  • Berri, head of the Amal Movement, an ally of the politically powerful and heavily armed Shi'ite group Hezbollah, said that his group opposed the manner the cabinet was being formed, citing a lack of consultation, and did not want to join. But he said he would cooperate to stabilise the nation.

Former UK Leaders Unite to Slam Boris Johnson on Brexit Plan

  • Two former British Prime Ministers who played crucial roles in bringing peace to Northern Ireland joined forces to urge lawmakers to reject government plans to override the Brexit deal with the European Union, arguing that it imperils that peace and damages the UK's reputation.
  • John Major and Tony Blair slammed the current British government for shaming the country with legislation that, in places, goes against the very deal it signed to allow for the UK's smooth departure from the EU earlier this year.
  • The British government has admitted that the legislation would break international law, but argues that it is an insurance policy in the event a trade deal with the EU is not secured by the end of this year. Johnson said that the legislation is needed to end EU threats to impose a blockade in the Irish Sea that the Prime Minister asserted could carve up our country. EU leaders have furiously rejected that charge.
View Month Wise

ENVIRONMENT

Warmth Shatters Section of Greenland Ice Shelf

  • A big chunk of ice has broken away from the Arctic's largest remaining ice shelf - 79N, or Nioghalvfjerdsfjorden - in north-east Greenland.
  • The ejected section covers about 110 square km; satellite imagery shows it to have shattered into many small pieces.
  • The loss is further evidence of the rapid climate changes taking place in Greenland.
  • The atmosphere in this region has warmed by about 3C since 1980.
  • In 2019 and 2020, it saw record summer temperatures.
  • Nioghalvfjerdsfjorden is roughly 80 km long and 20 km wide and is the floating front end of the Northeast Greenland Ice Stream - where it flows off the land into the ocean to become buoyant.
  • At its leading edge, the 79N glacier splits in two, with a minor offshoot turning directly north. It's this offshoot, or tributary, called Spalte Glacier, that has now disintegrated.
View Month Wise

BUSINESS AND ECONOMY

RBI Lays Down Guidelines for Banks to Appoint Chief Compliance Officer

The Reserve Bank of India (RBI) has prescribed guidelines for 'Compliance Functions in Banks and Role of Chief Compliance Officer (CCO)' to bring uniformity in the approach followed by banks and also to align the supervisory expectations on CCOs with best practices.
These guidelines cover policy (which should be reviewed at least once a year), tenor and appointment of CCO, and reporting requirements and duties and responsibilities of the compliance function, among others.
The RBI observed that banks currently follow diverse practices vis-a-vis compliance functions in banks and role of CCO.
As per the guidelines, a bank shall lay down a board-approved compliance policy, clearly spelling out its compliance philosophy, expectations on compliance culture covering 'tone at the top' (ethical atmosphere created in the bank by its leadership) and accountability.
The policy will also encompass incentive structure and effective communication and challenges thereof, structure and role of the compliance function, role of CCO, processes for identifying, assessing, monitoring, managing, and reporting on compliance risk throughout the bank.
According to the guidelines, the bank shall also develop and maintain a quality assurance and improvement programme covering all aspects of the compliance function.

HCL Technologies Partners with NVIDIA Partner Network

  • To pursue expanded opportunities in AI space HCL Technologies has joined NVIDIA Partner Network (NPN), the US-based technology company's partner program, with plans to pursue expanded opportunities in the Artificial Intelligence (AI) space.
  • HCL also announced the launch of NEXT.ai, HCL's AI Lab, focused on upskilling engineers and architects utilizing AI solutions across hardware and software technology stacks. This will enhance their capabilities to build AI-led solutions for multiple HCL clients across industry verticals.
  • The HCL NEXT.ai lab focuses on emerging technologies to develop industry-specific AI solutions for customers pursuing digital transformation. Customers and partners can co-create proofs of concept and full-fledged, scalable and production-ready solutions in the lab. NEXT.ai comes equipped with the latest technology products and infrastructure from its partner ecosystem. The areas of focus include computer vision, predictive modeling, failure analysis, optimization, product intelligence, data engineering, data management, and more.

Liberty General Partners SpiceJet to Offer Travel Insurance

  • Mumbai-based Liberty General Insurance with has partnered with SpiceJet to offer travel insurance to consumers who book tickets through the airline's website and mobile site.
  • Applicable across SpiceJet's domestic network, Liberty's new zero-cancellation service offered under the Liberty Secure Travel Policy allows passengers to seamlessly cancel tickets and claim full reimbursement of the cancellation charges in case they are unable to fly due to any unavoidable circumstances, adding that customers can avail the offering by paying an additional nominal fee and adding the insurance cover while booking the flight ticket.
  • Passengers can claim a full cancellation-fee reimbursement for a flight-booking made in advance not beyond 90 days, the sum insured in the event of a ticket cancellation is Rs. 5,000.
View Month Wise

SCIENCE & TECHNOLOGY

Cusat Inks Deal with ISRO Lab for Research Collaboration

  • The department of physics at Cochin University of Science and Technology (Cusat) and Laboratory for Electro-Optics Systems (LEOS), a key wing of the Indian Space Research Organisation (ISRO) in Bengaluru, inked a deal for research collaboration.
  • A Letter of Intent on the responsibilities of the two institutions was signed between teams led by Cusat Registrar Dr. Meera V. and LEOS-ISRO Director Dr. K.V. Sriram.
  • Laser-Induced Breakdown Spectroscope (LIBS), an instrument for planetary surface chemistry, was developed in recent times at LEOS with the objective of obtaining qualitative and quantitative analytical information from multi-element samples. The LIBS instrument was one of the payloads in India's prestigious moon mission Chandrayaan-2, and it will be deployed in the upcoming Chandrayaan-3 mission too.
  • The applied optic division of the department of physics, Cusat, has been engaged in similar research. In this collaboration, LEOS will provide qualitatively analysed spectra and data sets to Cusat team for abundance estimation of elements using newly evolved approaches. The team is lead by Dr. Anoop K.K., an assistant professor in the department of physics.
View Month Wise

SPORTS

Dominic Thiem Claims US Open Title

  • Austria`s Dominic Thiem claimed his first Grand Slam title with a stunning comeback to beat Germany`s Alexander Zverev 2-6 4-6 6-4 6-3 7-6(6) in a brutal and nerve-jangling US Open final.
  • The 27-year-old world number three was beaten in his first three Grand Slam finals.
  • Thiem is the first male player born in the 1990s to claim a Grand Slam and the first besides the big three of Nadal, Djokovic and Roger Federer to claim one of the majors since Stan Wawrinka won the 2016 U.S. Open.

Ali Khan First US National to Play in IPL

  • The Kolkata Knight Riders announced that Ali Khan has joined their squad in the United Arab Emirates (UAE) and is the first United States player to take part in the Indian Premier League (IPL).
  • Notably, Ali was the member of the TKR squad who lifted the CPL T20 trophy earlier this month.
  • Ali has come as a replacement for English left-arm fast-medium bowler Harry Gurney.
View Month Wise

NATIONAL AFFAIRS

Odisha Signs MoU With NCDC For Promoting Farmer Producer Organisation

  • An MoU was signed between the Government of Odisha and the National Co-operative Development Corporation (NCDC) at Krushi Bhawan for the promotion and management of Farmer Producer Organisation.
  • This MoU is based on Farmers Producer Organisation (FPO) Promotion and Management with central sector scheme.
  • The MoU was signed between Rohit Kumar Lenka, Director of Horticulture on behalf of Agriculture and Farmers' Empowerment Department, Government of Odisha and Shardul, S. Yadav, Regional Director, NCDC in the presence of Suresh Kumar Vashishth, Special Secretary, A and FE Department.
  • Under this Central scheme, NCCD will be formed Farmer Producer Organisation (FPOs) and will impart training, proper guidance to the small and marginal farmers of Odisha to face various challenges in production, technical knowhow, quality of production, optimum price realisation, credit, seed production, processing, utilisation and marketing. These FPOs will be governed/managed as per the Cooperative Society Act.
  • This Central Section scheme is being implemented in the State for benefit of the farmers due to their able guidance, hard-working efficiencies and strong determination and will power quick disposals.

Odisha Proposes to Repeal 699 Redundant Laws

  • The Odisha government has proposed to come up with a Bill to repeal as many as 699 redundant Acts and amendments.
  • Departments have been asked to offer their views on the Odisha Repealing Bill, 2020 for repealing redundant Acts and amendments enacted between 1974 and 2016.
  • The highest 113 redundant or obsolete acts were identified in the Revenue and Disaster Management department while it was followed by the Finance department having 83 laws which were not in use.
  • The Housing and Urban Development department and the Panchayati Raj department have 77 redundant Acts.
  • In the Parliamentary Affairs department, while the Odisha Offices of Profit (Removal of Disqualifications) Amendment Act, 2016 was identified to be obsolete, as many as 43 Acts and amendments pertaining to salary, allowances, pensions of MLAs, Ministers and Speakers were found to be redundant.

Gram Panchayat Polls across Karnataka Likely to be after Deepavali

  • Elections to nearly 6,000 gram panchayats across Karnataka are likely to be held after Deepavali, in November-end or early December.
  • As per reports, Deputy Commissioners have already notified the reservation list for various categories and the State Election Commission (SEC) has prepared the electoral rolls of all GPs.
  • With increase in COVID-19 cases, the SEC is expected to once again seek suggestions from the DCs on their readiness to conduct the polls.
  • The SEC had postponed the polls, scheduled in June and July, based on suggestions by the DCs. Following the end of the term, administrators have been appointed for GPs.
View Month Wise

DEFENCE

Indian Army to Get 'Bhabha Kavach'

  • At a time when India has started facing some tough challenges along the Line of Actual Control with China, an exclusive armour unit to manufacture bullet-proof jackets of international standards and protective gear and to supply bullet-proof vehicles will come up at Mishra Dhatu Nigam Ltd (Midhani) in Hyderabad's Kanchanbagh area.
  • The bullet-proof jackets are named 'Bhabha kavach' since the Bhabha Atomic Research Centre (BARC) had developed the technology. These jackets can evenstop a bullet fired from an AK-47 as well. A few hundred bulletproof jackets have already been supplied to the paramilitary forces as samples.
View Month Wise

PERSONS IN NEWS

Paresh Rawal to Head National School of Drama

  • President Ram Nath Kovind appointed actor and former BJP MP Paresh Rawal has been appointed as the chairperson of the National School of Drama society.
  • Mr. Rawal's experience would help artistes and students of the NSD. Mr. Rawal, who served one term as the Ahmedabad East MP from 2014-2019.
  • The post had been vacant since playwright Ratan Thiyam's tenure ended in 2017. Mr. Rawal has been appointed for a four-year term.

Senior Journalist N. Rajesh Passes Away

  • N. Rajesh, 56, senior news editor with Madhyamam daily, passed away.
  • He is known for his reportage of national and international sporting events such as the Asian Football Championship, Afro-Asian Games, and the National Games. Mr. Rajesh has bagged the Kerala Sports Council Award in 1992 and the Swadeshabhimani Award.
  • He was a member of the State Media Accreditation Committee, executive committee member of the Kerala Media Academy, and the State committee member of the Kerala Union of Working Journalists. He was also a faculty member at the Institute of Communication and Journalism under the Calicut Press Club.
View Month Wise

DAYS AND EVENTS

Hindi Diwas

  • Hindi Diwas is celebrated on the 14th September, to commemorate the adoption of Hindi in Devanagari script as one of the official language of India. Hindi was adopted as one of the two official languages of the Republic of India by Constituent Assembly of India thanks to the efforts of Beohar Rajendra Simha along with Hazari Prasad Dwivedi, Kaka Kalelkar, Maithili Sharan Gupt and Seth Govind Das. As such, on the 50th birthday of Beohar Rajendra Simha on the 14th September 1949, the efforts came to fruition following the adoption of Hindi as an official language. This decision was ratified by the Constitution of India that came into effect on the 26th of January 1950. Under Article 343 of the Indian Constitution, Hindi written in Devanagari script (a script that is used by over 120 languages) was adopted as the official language (of a country with a history of rich linguistic diversity). In all, there are 22 Scheduled languages of India, of which, two are officially used at Union level: Hindi and English. Hindi and related languages is spoken by more than 322 million L1 speakers and 270 million L2 speakers .
  • Many programs are organised on Hindi Day for the promotion and promotion of Hindi. On this day, many cultural programs are also organized in schools and colleges. On 14th September 1953, Hindi Day was celebrated in the country for the first time.
View Month Wise

AWARDS AND HONOURS

Award for Best NSS Programme Coordinator

  • P.V. Valsarajan, programme coordinator, National Service Scheme (NSS), University of Calicut, has been chosen for the national award for the best university and NSS programme coordinator, instituted by the Union Ministry of Youth Affairs and Sports. This was declared by the State NSS officer and regional director, NSS, Kerala and Lakshadweep.

US Film Nomadland Triumphs at Venice Film Festival

  • US film Nomadland has won the top prize at the Venice Film Festival, the first such event held with live audiences since the Covid-19 outbreak.
  • The film, by Chinese-born Chloé Zhao, stars Frances McDormand as a widow living as a nomad after the 2008 financial crisis.
  • Mexican director Michel Franco's thriller New Order and historic drama Wife of a Spy by Japan's Kiyoshi Kurosawa were also recognised.
  • About half of the seats at the venues on the Lido waterfront were left empty, and few celebrities made the trip to the world's oldest film festival.
  • Australian actress Cate Blanchett headed the jury at the 77th edition of the festival.
  • Zhao is the first woman to win the festival's top award, the Golden Lion, in 10 years.
  • The festival's Grand Jury prize went to Franco's film, while Kurosawa was named the best director. They were jointly given the Silver Lions.
  • Russian director Andrei Konchalovsky was given the Special Jury prize for Dear Comrades!, a film about the massacre of protesters in the USSR in 1962.
  • Britain's Vanessa Kirby won the best actress award, while the best actor prize went to Italy's Pierfrancesco Favino.
View Month Wise

ART AND CULTURE

Splendid art Pavilion of Kakatiyas Needs Urgent Restoration

  • The Trikuta Temple at Muppram village in Warangal district is a living testimony to the Kakatiya rulers' passion for promoting and preserving natural paintings from the episodes of Ramayana in pristine forms.
  • The paintings of Ramayana, which are etched on the ceiling of the temple, are a connoisseur's delight. However, this precious and unique treasure of art now lies in shatter due to the apathy of officials concerned while nature's vagaries over the years have made them fade out. The temple itself is also in a state of neglect, which needs urgent restoration for preserving the Kakatiya heritage for future generations.
  • Telangana has a hoary history and possesses several ancient monuments of great archaeological, historical as well as cultural significance.
View Month Wise
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