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February 14, 2018

14th February 2018 Events - Important Daily Current Affairs

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Dear Great Ambitionists, here are today's (14th February 2018) Important Current Affairs updates. Happy Reading :)

Daily Current Affairs of 14th February 2018

International Current Affairs
  • South Africa today declared the drought which has struck several parts of the country a "national disaster" after reassessing its magnitude and severity. 
    • The city of Cape Town is facing drought for the third consecutive year and is expected to run out of water soon.  
  • In a strategic move to expand its footprint in the Indian Ocean  region, India has secured access to the key Port of Duqm in Oman for military use and logistical support.
    • This is part of India’s maritime strategy to counter Chinese influence and activities in the region.
    • This was one of the key takeaways of Prime Minister Narendra Modi’s visit to Oman.
National Current Affairs
  • The Ministry of Environment, Forest and Climate Change (MoEFCC) has released India State of Forest Report (ISFR) 2017. 
    • According to this report, the total forest and tree cover in India has increased of over 8,021 sq km (about 80.20 million hectare) which is one percent increase from 2015.
    • Top States with maximum Forest cover (in terms of area): 
      • Madhya Pradesh (77,414 sq km) 
      • Arunachal Pradesh (66,964 sq km) 
      • Chhattisgarh (55,547 sq km).
    • Top states with highest Forest cover in terms of percentage geographical area : 
      • Lakshadweep with (90.33%)
      • Mizoram (86.27%) 
      • Andaman & Nicobar Islands (81.73%)
  • To guide road engineers and policy makers about road expansion, the Ministry of Road Transport & Highways has released India’s first ever Highway Capacity Manual named Indo-HCM. 
    • It lays down guidelines for when and how to expand or manage different types of roads and their intersections and level of services to be put in place.
  • A 'Gender park' open exclusively to women and children will be set up in Kerala's Kottayam. 
    • While skill development courses and self-employment training facilities will be offered to women visiting the park, rehabilitation centres for sexual abuse victims will be set up in its premises. 
  • The Union Government is developing a tool titled Soft Power Matrix.
    • Aim of Soft Power Matrix : To calibrate effectiveness of India’s soft power outreach and foster better diplomatic traction in India’s immediate neighbourhood and beyond.
Banking, Business & Economic Affairs
  • Citibank India has banned the use of its credit and debit cards towards purchase or trading of cryptocurrencies like Bitcoin.
    • The decision came following concerns expressed by the Reserve Bank of India (RBI) regarding potential risks associated with cryptocurrencies. 
  • India’s biggest electricity producer NTPC Ltd has won tender to supply 300 megawatts (MW) of electricity to power-starved Bangladesh for 15 years. 
    • The tender was floated by Bangladesh Power Development Board (BPDB) for supply of 500 MW power from India for short term (2018-2019) and long term ( 2020 2033).
Science & Technology
  • Russian space agency Roskosmos has successfully launched Progress MS-08, an unmanned cargo spacecraft for the International Space Station (ISS). 
    • It was launched onboard of Soyuz-2.1a rocket from Russian-leased Baikonur launch facility in Kazakhstan. 
Recent Committees in News
  • To bring greater efficiency and accountability in functioning of the Revenue Department, Punjab government has notified 6-member Revenue Commission.
    • Head of this Commission : SS Saron
  • Ministry of Defence (MoD) constituted 13-member Raksha Mantri Advisory Committee on Ministry of Defence Capital Projects (RMCOMP).
    • This committee will monitor and expedite capital acquisition projects for modernisation of armed forces and bolster armed forces preparedness.
    • Head of this committee : Vinay Sheel Oberoi.
Sports Current Affairs
  • India claimed their first ever ODI series win in South Africa by taking an unassailable 4-1 lead in the six-match series at Port Elizabeth yesterday. 
    • The win has also cemented India's spot as the number one side in the ODI rankings. 
  • The Ministry of Sports and Youth Affairs is going to introduce ranking system for National Sports Federations (NSFs). 
    • It is aimed at inculcating healthy competition between sports bodies. 
    • Note : This will be for first time the Sports Ministry will have system by which sports federations will be ranked or rated according to set parameters
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