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September 26, 2017

26th September 2017 Important Daily Current Affairs

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Dear Great Ambitionists, here are today's (26th September 2017) Important Current Affairs updates. Happy Reading :)

Daily Current Affairs of 26th September 2017

International Current Affairs
  • US Defence Secretary Jim Mattis is on a 2 day visit to India.
    • He met Prime Minister Narendra Modi and held talks with Defence Minister Nirmala Sitharaman in a bid to bolster bilateral ties between the two nations.
    • He will also be meeting National Security Advisor Ajit Doval.
    • Important Note : This is the first cabinet-level visit to India under the Trump administration.
  • To enable authorities to determine a driver's identity when caught speeding, Germany has passed a new law banning drivers from covering their faces.
  • Japan's PM Shinzo Abe has called a snap general election and said that he will dissolve the Parliament's lower house later this week on Thursday.
National Current Affairs
  • Union Home Minister Rajnath Singh today launched  a web portal called ‘PENCIL’ for effective implementation of the National Child Labour Project (NCLP).
    • PENCIL is an electronic platform for no child labour in the country is being developed by the Labour Ministry.
    • PENCIL portal has five components. They are, 
      • Child Tracking System, 
      • Complaint Corner, 
      • State Government, 
      • National Child Labour Project 
      • Convergence
    • PENCIL - Platform for Effective Enforcement for No Child Labour
  • Karnataka CM Siddaramaiah today launched a Vision-2025 project to provide a governance strategy for state's development over the next seven years. 
    • Calling the project a "new kind of thinking", Siddaramaiah said public opinion will be gathered to build a state of people's dream. 
  • First Helicopter service was started from Srinagar to world's second coldest inhabited place Drass today under Udan Scheme.
    • The centre had approved operation of helicopter services in the State of Jammu and Kashmir and Himachal Pradesh on a pilot basis in 10 sectors, stipulating that the most inaccessible destination points should be chosen.
Awards & Honors
  • Ahead of the announcement of 2017 Nobel Prize winners, the Nobel Foundation has increased the award's prize money by 12.5% to 9 million kronor ($1.1 million)
    • This comes after it was reduced to 8 million kronor in 2012 from 10 million kronor. 
    • Note : The prize comes from a fund left by its founder, Alfred Nobel, a Swedish scientist who invented dynamite.
Science & Technology
  • INS Tarasa, a Water Jet Fast Attack Craft intended for extended coastal and offshore surveillance and patrolling, was commissioned into the Indian Navy at Mumbai.
    • Western Naval Command chief Vice Admiral Girish Luthra commissioned the vessel.
    • Note : It is the 4th and last of the Water Jet FACs built by Garden Reach Shipbuilders & Engineers, Kolkata.
  • Indian Army is planning to develop the Pinaka guided rockets to counter Pakistan's threat of using tactical nuclear weapons.
  • Billionaire Elon Musk today announced he will be unveiling the new version of SpaceX's Interplanetary Spaceship, which aims to take humans to Mars.
  • The National Crime Records Bureau (NCRB) has commissioned a predictive policing software that aims to stop crimes before they happen
    • The technology, which is based on crime data analytics, is expected to identify specific days, time, weather conditions, and geographical areas where crimes are likely to be committed.
    • It will be available to Indian police by the end of 2018.
  • Russia has launched the world's largest and most powerful icebreaker ship, designed to transport cargo via the Northern Sea Route in the Arctic Ocean. 
    • The nuclear-powered vessel, capable of breaking ice fields up to three metres thick, will also carry out rescue work in ice conditions and ice-free waters. 
    • The 173-metre long ship requires 75 crew members.
  • Australia is going to establish a National Space Agency to increase engagement with the global space industry and create jobs.
Banking, Business & Economic Affairs
  • The State Bank of India (SBI) has reduced the minimum Monthly Average Balance (MAB) on savings accounts for metros from ₹5,000 to ₹3,000, effective from October 1. 
    • Minimum balance requirement for urban, semi-urban, and rural centres stands unchanged at ₹3,000, ₹2,000 and ₹1,000, respectively. 
    • The bank also reduced charges for non-maintenance of MAB by 20-50% and removed charges for pensioners and minors' accounts.
  • Patanjali Ayurved CEO Acharya Balkrishna has been named among India's top 10 richest people for the first time in Hurun Rich List 2017, with a wealth of ₹70,000 crore. 
    • Now India's 8th richest person, Balkrishna saw a 173% increase in his wealth in a year. 
  • 2 Indian women have featured on Fortune's list of Most Powerful Women in business outside the US
    • Managing Director and CEO of ICICI Bank Chanda Kochhar was ranked 5th and Managing Director and CEO of Axis Bank Shikha Sharma was ranked at 21. 
    • Note : Group Executive Chairman of Spain's Banco Santander Ana Botín topped the list.
  • India's first payments Bank, Airtel Payments Bank launched Unified Payments Interface (UPI) on its digital platform, enabling customers to instantly transfer money to and from any bank a/c without paying any transaction fee.
  • Technology giant Apple has been named the most valuable brand for the fifth consecutive year by Interbrand in its Best Global Brands Report 2017
    • The report estimated Apple's brand value at $184.1 billion, followed by Google's at $141.7 billion. 
    • Facebook made it to top 10 brands for the first time and witnessed the maximum increase in brand value at 48%.
Sports Current Affairs
  • Following their five-wicket win over Australia in the third ODI, India, already number one in the Test format, dislodged South Africa to become the sole number one ODI team as well. 
    • Note : This is the first time they are number one in the two formats simultaneously since ICC introduced rankings in 2002.
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