Business & Economy
Science & Technology
- Today (26th June) is International Day Against Drug Abuse and Illicit Trafficking.
- This day is a United Nations International Day against drug abuse and the illegal drug trade.
- The date 26th June chosen to commemorate Lin Zexu's dismantling of the opium trade in Humen, Guangdong, just before the First Opium War in China.
- Theme of the year 2016 : Listen First
- Today is International Day in Support of Victims and Nature.
- This day had been launched by the United Nations (UN) in 1997 and is a result of the UN-convention against torture and other cruel, inhuman or degrading treatment or punishment. This convention is binding according to international law, and aims to avoid, ban and prohibit torture.
- Theme of the year 2016 : Fighting Impunity
- India became the only country outside US’ formal treaty allies to gain access to almost 99% of America’s defence technologies.
- Guðni Jóhannesson, a history professor, has won Iceland’s presidential election in a vote held in the aftermath of the Panama Papers leak in April, which implicated several top Icelandic officials.
- The four-day long 'India Couture Week' 2016 (ICW), hosted by FDCI, the country's apex fashion body, will begin on July 20.
- FDCI - Fashion Design Council of India
- FDCI President : Sunil Sethi
- Prime Minister Narendra Modi launched the ‘Smart City Mission’ involving 83 projects from 20 different cities in the country.
- The ambitious mission of Union Government was launched at function held at Pune’s Shiv Chhatrapati Sports Complex one year after it was announced.
Business & Economy
- The West Bengal government, in its full-fledged Budget for 2016-17, has proposed a 9.1% increase in tax collection against the 2015-16 figure.
- State Finance Minister Amit Mitra’s budget statement revealed that the state had failed to achieve its target of tax collection in 2015-16 and will need to rely on central funds for its developmental projects in 2016-17.
- The Defence Acquisition Council (DAC) chaired by Union Defence Minister Manohar Parrikar has given its approval to for the purchase of 145 Ultra-Light Howitzers (ULH) guns from the US.
- The procurement of ULH will be through the Foreign Military Sales (FMS) route from the US and it will cost around 750 million dollars.
- As part of this deal, 25 ULH guns will come to India directly from US in a fly away condition.
- Rest will be assembled in India at the proposed Assembly Integration and Test facility (AITF) for the weapon system in partnership with Mahindra and Mahindra Company.
- The Panama Canal, expanded to allow bigger vessels to pass at a cost of $5.2 billion, was inaugurated today.
- The enlarged canal will reduce sailing time between Atlantic Ocean ports and Asia up to 16 days for big ships that could not previously fit.
- The canal authority now hopes that average volumes will rise by 3% per year.
- Zubaida Bai, an Indian social entrepreneur, has been named among the ten ‘2016 Global Compact SDG Pioneers’, an initiative launched by UN.
- She is the founder of ‘ayzh’, a for-profit social venture providing health and livelihood solutions and technology solutions to impoverished women worldwide.
- European Union has appointed Belgian Didier Seeuws, a longtime aide to former EU President Herman Van Rompuy, to head the union's special task force to negotiate Britain's exit.
Science & Technology
- India is all set to join the Missile Technology Control Regime (MTCR) tomorrow as a full member.
- MTCR membership will enable India to buy high-end missile technology and also enhance its joint ventures with Russia.
- The aim of the MTCR is to restrict the proliferation of missiles, complete rocket systems, unmanned air vehicles and related technology for those systems capable of carrying a 500 kilogram payload for at least 300 kilometers, as well as systems intended for the delivery of weapons of mass destruction.
- Eminent Odia writer Mohapatra Nilamani Sahoo (90) passed away.
- A recipient of many awards and recognition for his literary works, Sahoo was bestowed with the Orissa Sahitya Akademi Award in 1979 for his story book 'Akasha Patata'.
- For 'Abhisapta Gandharba' (a compilation of short stories), he received the Sarala Award in 1983 and Kendra Sahitya Akademi Award for the same book in 1984.
- The Indian contingent for the Rio Olympics went up to 103 members today, the highest ever, with five sportspersons qualifying in the last 24 hours.
- Sprinter Muhammad Anas became the 100th member of the contingent when he qualified for the 400-metre event.
- Note : India's highest contingent before 2016 was at London 2012, consisting of 83 members.
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