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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.
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 BotÃn 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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