Daily Current Affairs - 19th Jul 2018

Asian Junior Wrestling C’ships: Viresh Kunda bags bronze in Greco Roman category

  • Greco Roman wrestler Viresh Kundu bagged a Bronze medal on Day 2 of the Asian Junior Championships in New Delhi. He defeated South Korea's Jeongyul Kwon, 14-5 in the 97 kg Bronze medal play-off to win his first international medal.
  • On the opening day of the Championships, India had clinched 4 medals - 1 Gold, 2 Silver and 1 Bronze.

Bank Recapitalisation: Finance ministry approves infusion of Rs 11,336 crore in five public sector banks

  • The Union finance ministry has approved an infusion of Rs 11,336 crore in five state-owned lenders including PNB, Corporation Bank and Andhra Bank to help them meet the regulatory capital requirement. This is the first ever capital infusion in the current fiscal and the remaining amount of Rs 53,664 crore would be disbursed during the course of the year.
  • As per the plan, Punjab National Bank (PNB) will get the highest amount of Rs 2,816 crore out, while Allahabad Bank to get Rs 1,790 crore.
  • Besides, Andhra Bank to get Rs 2,019 crore, Indian Overseas Bank - Rs 2,157 crore and Corporation Bank - Rs 2,555 crore.
  • The union government announced Rs 2.11 lakh crore capital infusion programme October last year. As per the plan, the public sector banks (PSBs) were to get Rs 1.35 lakh crore through re-capitalisation bonds, and the balance Rs 58,000 crore through raising of capital from the market.

BSE building at Dalal Street gets trademark

  • Stock exchange major BSE has secured a "trademark" for its iconic building -- Phiroze Jeejeebhoy Towers -- located on Dalal Street. The Phiroze Jeejeebhoy Towers joins the elite club of distinguished structures around the world that have secured trademark rights.
  • Initially known as BSE Towers, the building was soon renamed after the late chairman of BSE, Sir Phiroze Jamshedji Jeejeebhoy. The stock exchange major was founded in 1875. It began as a small group of brokers who functioned under a banyan tree on Dalal Street.
  • BSE MD & CEO Ashishkumar Chauhan

Domestic air traffic records 18.3% growth

  • According to DGCA’s monthly data, domestic air traffic witnessed a growth of 18.36% last month as compared with the same period last year and ferried a total of 11.3 crore passengers.
  • SpiceJet again had the highest passenger load factor (or average number of seats sold per aircraft ) at 93.3%. It was followed by GoAir (88.6%), IndiGo (88.3%) and Vistara (84.8%).
  • IndiGo was the most punctual airline across Delhi, Mumbai, Bengaluru and Hyderabad with 84.1% of its flights departing and arriving on time.It was followed by SpiceJet (81.2%), Jet Airways (78.8%), Vistara (78.2%).
  • IndiGo cornered a market share of 41.3%, Jet Airways recorded 13.3% share, Air India 12.5% and SpiceJet 12.1%.

EU slaps Google with $5 billion antitrust fine

  • The European Union's antitrust chief has fined Google a record $5 billion for abusing the market dominance of its Android mobile phone operating system. It said that Google went against EU rules when it required mobile phone producers to pre-install the Google Search and browser apps as a condition for licensing Google's app store.
  • The EU's fine is the biggest ever imposed on a company for anticompetitive behavior.
  • In June 2017, regulators already fined Google 2.42 billion euros ($2.8 billion) for favoring its shopping listings in search results.

Google partners with United Nations to monitor human impact on the environment

  • The UN Environment Programme has entered into a partnership with Google to monitor the impacts of human activity on global ecosystems by using sophisticated online tools. The aim of the partnership is to develop a platform to enable governments, NGO's and the public to track specific environment-related development targets with a user-friendly Google front-end.
  • It has its initial focus on fresh-water ecosystems including mountains, forests, wetlands, rivers, aquifers, and lakes which account for 0.01 percent of the world's water but provide habitat for almost 10 percent of the world's known species.
  • Google will periodically produce geospatial maps and data on water-related ecosystems by employing massive parallel Cloud computing technology.
  • Head of UNEP: Erik Solheim

India, US hold senior officers meeting on homeland security dialogue

  • India and USA held senior officers meeting on homeland security dialogue in New Delhi. The meeting focused on issues relating to security cooperation, customs and immigration, aviation security and capacity building. Both sides agreed to work out the modalities to address the issues.
  • It was agreed to maintain sustained interactions to enhance security cooperation between the two countries.

India-Nepal review progress of all bilateral projects

  • India-Nepal has reviewed the progress of all bilateral projects since the reciprocal State Visits by the Nepalese Prime Minister K.P.Sharma Oli and Prime Minister Narendra Modi in April-May this year. The 6th Meeting of India-Nepal Oversight Mechanism was held in Kathmandu which emphasized on the early completion of all bilateral economic and development cooperation projects by addressing difficulties faced by various projects in the implementation process.
  • The progress of all bilateral projects including Cross-border rail projects, Integrated Check Posts, Terai Roads Project, Cross-border transmission lines and Arun-III hydropower project was reviewed.
  • Both the sides also discussed measures to be undertaken by the respective Governments and agencies to expedite project implementation and their early completion within specified time-frame.
  • Indian Ambassador to Nepal Manjeev Singh Puri

Israel passes law to declare that only Jews have right of self-determination in the country

  • Israel has passed a law to declare that only Jews have the right of self-determination in the country. The law is backed by the right-wing government which was passed by a vote of 62 for and 55 against and two abstentions in the 120-member parliament after months of political argument.
  • The law was enacted just after the 70th anniversary of the birth of the state of Israel. The law stipulates that Israel is the historic homeland of the Jewish people and they have an exclusive right to national self-determination in it.
  • The bill also strips Arabic of its designation as an official language alongside Hebrew, downgrading it to a special status that enables its continued use within Israeli institutions.
  • Israel:
  • President: Reuven Rivlin
  • Prime Minister: Benjamin Netanyahu
  • Capital: Jerusalem
  • Currency: Israeli new shekel

Kohli touches career-high 911 points in ICC ODI rankings

  • India captain Virat Kohli strengthened his position at the top of rankings released by the International Cricket Council (ICC) for batsmen by touching a career-high 911 points, while Kuldeep Yadav broke into the top-10 of the bowlers' chart at sixth.
  • Kuldeep Yadav has broken into the top-10 for the first time in his career. Yadav is the second India bowler and fifth spinner to feature in the top-10 after number-one ranked Jasprit Bumrah.
  • India's Yuzvendra Chahal is included as 10th top spinner.

Microsoft and Walmart team up to take on Amazon

  • Microsoft and Walmart are teaming up for a strategic partnership that will take on rival Amazon in both technology and retail. Walmart signed a five-year agreement with Microsoft for its cloud services, alongside new projects focused on machine learning, artificial intelligence, and data platforms. Microsoft’s Azure cloud technology will be tailored to improve Walmart’s forecasting, purchasing, and data-sharing abilities.
  • Amazon’s massive U.S. e-commerce market share currently stands at around 49 percent.
  • Walmart is Amazon’s biggest retail competitor, and Microsoft is Amazon’s largest cloud services rival.

Nelson Mandela International Day-July 19

  • Nelson Mandela International Day 2018 marks 100 years since the birth of Nelson Mandela (18 July 1918). The Centenary is an occasion to reflect on his life and legacy, and to follow his call to “make of the world a better place.”
  • The day was officially declared by the United Nations in November 2009, with the first UN Mandela Day held on 18 July 2010.
  • The Nelson Mandela Foundation is dedicating this year's Mandela Day to Action Against Poverty, honouring Nelson Mandela's leadership and devotion to fighting poverty and promoting social justice for all.

NSDC, Facebook partner to train youth on digital skills

  • Facebook and the National Skill Development Corporation (NSDC) have entered into strategic partnership to train youth and entrepreneurs in the country on digital skills. The partnership will enable Ministry of Skill Development and Entrepreneurship (MSDE) to incorporate Facebook's training on digital marketing skills in its courses, besides providing trainees with access to local, domestic and international markets.
  • The programme includes courses on digital marketing, online safety and financial literacy in regional languages.
  • Facebook has so far upskilled more than two lakh youth and entrepreneurs under the #BoostYourBusiness programme across 16 Indian states and an additional 30,000 women entrepreneurs being trained under the #SheMeansBusiness programme.

Pakistan wins one day series against Zimbabwe

  • Pakistan sealed a series win after claiming a nine-wicket victory over Zimbabwe in the third ODI. Pakistan seamer Faheem Ashraf took a career-best five for 22 as the hosts were bundled out for 67. Pakistan achieved the target of 69 in 9.5 overs with opener Fakhar Zaman scoring 43 notout.
  • With this Pakistan lead the ODI series 3-0 with two more to go.

Prof Anil D Sahasrabudhe Reappointed AICTE Chairman

  • The union government has renewed the appointment of Prof Anil D Sahasrabudhe as the chairman of the technical and professional education regulator All India Council for Technical Education (AICTE). He joined AICTE as Chairman on July 17, 2015.
  • The Appointments Committee of the Cabinet has approved renewal of appointment of Prof. Sahasrabudhe till he attains the age of 65 years,

Salman Khan, Akshay Kumar among world’s 100 highest-paid entertainers: Forbes

  • According to a Forbes list, Bollywood actors Akshay Kumar and Salman Khan are among the world’s 100 highest-paid entertainers which has been topped by American boxer Floyd Mayweather with earnings of 285 million dollars.
  • Akshay is ranked 76th on the Forbes list of the World’s Highest Paid Celebrities 2018 while Salman is on the 82nd spot. Akshay had earnings of 40.5 million dollars and Salman had earnings of $37.7 million.
  • Among the other highest-paid entertainers are actor George Clooney (second), reality TV star and businessperson Kylie Jenner (third), soccer star Cristiano Ronaldo (10), pop star Katy Perry (19), tennis icon Roger Federer (23), singer Beyonce (35), author J.K. Rowling (42) and golfer Tiger Woods (66).

Scientists in Australia develop world-first blood test to detect skin cancer before it spreads through the body

  • Scientists in Australia have developed a world-first blood test to detect skin cancer before it spreads through the body. The test could potentially allow early detection of melanoma, the most deadly form of skin cancer, and increase the prospects of treatment. It may also help to avoid invasive and costly biopsies.
  • Researchers said the test could prove more accurate than the current method of detection, which typically involves a doctor looking at the skin and assessing spots or changes to moles before removing a sample for further examination.
  • Melanoma, which are typically caused by exposure to the sun, can, if undetected, spread to other parts of the body such as the lungs, liver and brain. These secondary melanomas can be more dangerous and harder to treat.
  • Australia has one of the world’s highest rates of melanoma, with 14,000 new diagnoses and almost 2000 deaths each year.

Sotteville Athletics Meet: Javelin thrower Neeraj Chopra bags Gold

  • India's ace javelin thrower Neeraj Chopra has bagged a Gold medal at the Sotteville Athletics meet in France. He claimed the top honours by throwing 85.17 metres. Earlier he had won a Gold in the recently held Commonwealth Games at Gold Coast, Australia.
  • Moldovan Andrian Mardare settled for the Silver with a throw of 81.48 metres, while Edis Matusevicius of Lithuania took home the Bronze with 79.31 metres.

Turkey lifts state of emergency after two years

  • The state of emergency, which was imposed in Turkey after the failed coup two years ago, came to an end. Turkey's President Recep Tayyip Erdogan declared emergency on 20th July, 2016.
  • The emergency, which normally lasts three months, was extended seven times, and the government decided not to ask that it be extended for an eighth time.
  • The Opposition fears that the emergency will be replaced by even more repressive legislative measures.
  • The state of emergency saw the detention of some 80,000 people and about double that number sacked from jobs in public institutions.
  • Turkey:
  • President: Recep Tayyip Erdogan
  • Prime Minister: Binali Yildirim
  • Capital: Ankara
  • Currency: Turkish lira

Twelve New Moons Discovered Orbiting Jupiter

  • Astronomers have discovered 12 new moons orbiting Jupiter, bringing the total to 79. Jupiter's 79 moons make it the most orbited planet in the Solar System. Some of the new found moons orbit Jupiter in the same direction as the planet’s rotation, while others orbit in the opposite direction. But one of the moons is odd because its orbit has an unusual tilt and it circles Jupiter at a distance that puts it at risk of a head-on collision with other Jovian moons.
  • Its four biggest moons - Io, Europa, Ganymede, and Callisto - are known as the Galilean moons because they were first spotted by Galileo Galilei in 1610.