Daily GK Update 12th September 2017, Important Current Affairs

1. Belarus President on Two-Day Visit in India
i. Prime Minister Narendra Modi met Belarus President Aleksandr Grigoryevich Lukashenko in New Delhi to discuss various issues of mutual interest of both countries. A number of agreements are expected to be signed in several areas after the talks.
ii. Mr. Lukashenko’s visit is significant as it taking place in a year when Belarus and India are celebrating the 25th anniversary of the establishment of diplomatic relations.

Daily GK Update 12th September 2017, Important Current Affairs

2. Prakash Padukone to receive BAI's maiden lifetime achievement award
i. Indian Badminton legend ‘Prakash Padukone’ will receive Badminton Association of India’s (BAI) first-lifetime achievement award for his contribution to Badminton.
ii. The award carries the cash prize of 10 lakh rupees with a citation.

3. EC of Nepal announces to hold provincial and parliament elections in two phases
i. The Election Commission of Nepal (ECN)has announced the schedule of provincial and parliamentary elections to be held in two phases on 26th November 7th December.
ii. Two phases of local polls have already been conducted on 14th May & 28th June and final round is scheduled on  18th September.
iii. The voting will be held between 7 AM to 5 PM.

4. Kochi to host Coastal Shipping and Inland Water Transportation Summit
i. Kochi will host the fifth edition of the ‘Coastal Shipping and Inland Water Transportation Business Summit 2017’ at Hotel Crowne Plaza on 22nd September this year.
ii. The summit will be an initiative to explore the immense potential of coastal shipping and waterways as well as an effort to build a shared commitment and decipher the role that each stakeholder will have to play in integrating the coastal and waterways transport infrastructure.
iii. P Sathasivam (Kerala Governor) will present the India Sea-trade Award for Excellence in Coastal Shipping & Inland Water Transportation.

5. Commerce & Industry Ministry to organize state start-up conference today
i. Today, the Department of Industrial Policy and Promotion, Government of India is organizing the Second State Startup Conference in New Delhi.
ii. The discussions shall be conducted around four key themes:
iii. Governance reforms to be undertaken by States for Startups.
iv. Incubation facilities in India and role of State Governments in developing these facilities.
Role of State Governments in setting up funds for Startups.
v. Making regulations easier for Startups.
vi. The conference is expected to provide a significant impetus to the creation of an enabling Startup Ecosystem in the country.
vii. The conference will be attended by senior functionaries from states, Union Territories, incubators, accelerators, funding agencies, VCs, angel investors, and startups.

6. British Parliament Passed EU Withdrawal Bill
i. The Government’s bid to extract the UK from EU law in time for Brexit has passed its first Parliamentary test. The EU Withdrawal Bill was backed by MPs by 326 to 290. The bill, which will end the supremacy of EU law in the UK, now moves onto its next Parliamentary stage.
ii. Previously referred to as the Great Repeal Bill, the EU Withdrawal Bill overturns the 1972 European Communities Act which took the UK into the then European Economic Community. It will also convert all existing EU laws into UK law, to ensure there are no gaps in legislation on Brexit day.

7. Assam govt. to provide skill development training to 30 thousand surrendered militants
i. The Assam govt. will provide skill development training to 30 thousand surrendered militants.
ii. Another 24 thousand youths in Assam will be trained under the Prime Minister Kaushal Vikash Yojna.
iii. The Assam Skill Development Mission will provide skill training in 40 sectors.
iv. The cost of the skill development training program will be borne by the state and Centre govt.
Important Dates

8. 12th September: International Day for South-South Cooperation
i. The International Day for South-South Cooperation has been observed on 12th September 2017 by United Nations (UN) to work on technical cooperation among developing countries.
ii. The day celebrates the economic, social and political developments made in recent years by regions and countries in the south.
iii. The Global South-South Development Expo 2017 will be hosted by Turkey.

9. Tamil Nadu: Cauvery Maha Pushkaram to be celebrated on banks of river Cauvery
i. The Cauvery Maha Pushkaram has been celebrated from today on the banks of river Cauvery in Tamil Nadu.
ii. The celestial transit of planet Jupiter from zodiac sign Virgo to Libra is said to be the Maha Pushkaram period.
iii. River Cauvery is the lifeline for delta districts of Tamil Nadu including the rice bowl Thanjavur.

10. IndusInd Bank, Bharat Financial sign pact to explore merger
 i. The board of directors of IndusInd Bank entered into a ‘confidentiality, exclusivity, and standstill agreement’ with Bharat Financial Inclusion to evaluate a potential merger between the two companies.
ii. Microfinance company Bharat Financial Inclusion (formerly known as SKS Microfinance) is on the block.
iii. IndusInd Bank management has been authorized to explore strategic opportunities for the expansion of its business and to assess the viability of strategic partnership, collaboration, or restructuring opportunities.

11. Age limit for National Pension Scheme raised to 65 years
i. Pension Fund Regulatory and Development Authority (PFRDA) has raised the upper age limit for joining the National Pension Scheme (NPS) to 65 years (existing 60-years).
ii. NPS is currently open for people between 18 and 60 years
iii. The scheme has the option of continuing and making contributions up to the age of 70.
The move was part of the government’s efforts at expanding the pension base.

12. Airtel launches VoLTE services
 i. Telecom company ‘Bharti Airtel’ has launched Voice over LTE (VoLTE) services in Mumbai.
VoLTE (works over 4G) will offer High Definition (HD) voice calls along with faster call set up time.
ii. In next few months, Airtel will rapidly accelerate the deployment of VoLTE to cover all key geographies to bring HD quality calling to our customers.
iii. Earlier, Reliance Jio Infcomm was the first company to launch services on the technology.
VoLTE will also enable customers to access data at 4G speeds while the call is in progress.

13. Maharashtra wins Chief Minister's cup at National kickboxing championship
i. Maharashtra has won the Chief Minister's cup with 45 gold medals at the National kickboxing championship being held in Raipur.
ii. Chhattisgarh secured the second position with 27 gold and Haryana third with 15 gold medals.
Around two thousand players from 27 states participated in the four-day event.

14. Korea Super Series Badminton tournament begins today
i. The World Championship silver Medallist ‘P V Sindhu’ will lead Indian challenge at Korea Super Series, in Seoul, South Korea.
ii. Sindhu will open her campaign against Hong Kong's Cheung Ngan Yi in women's singles competition in Seoul.
iii. Earlier, Saina and Srikanth decided to skip the event and prepare for next week's Japan Open.
iv. B Sai Praneeth(Singapore Open champion) will face Hu Yun(Hong Kong).
v. Parupalli Kashyap (Commonwealth Games champion) will play Lin Yu Hsien (Chinese Taipei) in qualifiers.

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