International News Affairs
- To combat rising pollution and climate change, China has officially started building the world’s first ‘Forest City’.
- The Liuzhou Forest Cityis expected to absorb nearly 10,000 tonnes of carbon dioxide annually and produce 900 tonnes of oxygen.
- Set to be completed in 2020, the energy self-sufficient city will house 30,000 people, 40,000 trees and nearly 1 million plants.
- US President Donald Trump has reaffirmed the support of the United States for India’s permanent membership on a reformed UN Security Council.
- The remarks were made following Modi and Trump’s meeting at the White House.
- India is drafting a policy to safeguard its interests in Antarcticaand is going to present it at the winter session of the Parliament.
- Note: Being a consultative member of the Antarctic Treaty, it is important for India to have clear directives to guide its activities in the region.
MOUs & Agreements
- India and the Netherlands have signed 3 MOUs after the meeting between Prime Minister Narendra Modi and his Dutch counterpart Mark Rutte.
- The signed MOUS are :
- MOU on Amending Social Security Arrangement
- MOU on Cultural Cooperation
- MOU on Water Cooperation
- The signed MOUS are :
National News Affairs
- In a bid to cut down air pollution in the area, Amritsar’s Golden Temple will now use solar energy to prepare ‘langar’instead of LPG and wooden sticks. T
- Note: This is the Temple’s second eco-friendly move, after starting organic farming for grains.
Banking, Business & Economic News
- E-commerce major Flipkart has debuted on MIT Technology Review’s 50 Smartest Companies list for 2017.
- Important Note : Flipkart is the only Indian company on the list.
- The World Bank has cleared a $250-million (over ₹1,610 crore) loan for making Indians more employable through re-skilling, under the government’s Skill India mission.
- The programme is targetted at people between 15-59 years of age who are underemployed and unemployed.
- It also mandates the provision of entrepreneurship opportunities to women and to increase their exposure to skill training.
- Internet search giant Google was hit with a record $2.7 billion fineby European Union regulators for illegally favouring its shopping service in search results.
- This is the biggest fine for a company in an EU antitrust case.
People in News
- Brazilian prosecutors today filed corruption charges against President Michel Temer, accusing him of receiving over ₹97 lakh in bribes.
- Note: Termer is the Brazil’s first serving leader to face a criminal trial.
- Kaushik Basu has taken over as President of the International Economic Association (IEA).
- He will serve a three-year term as the President.
- Bollywood Actress Vidya Balan has been named the Ambassador of the Indian Film Festival of Melbourne.
- The festival, which will be held from August 10 to August 22, will showcase over 60 films.
- Dr Manoj Soni has taken Oath of Office and Secrecy as a Member of the Union Public Service Commission (UPSC).
Science & Technology News
- A month after WannaCry attacked systems worldwide, a new ransomware called ‘Petya‘ has hit computers in countries like Ukraine, Russia, India, and US.
- Petya differs from typical ransomware as it doesn’t just encrypt files; it also overwrites and encrypts the information in hard disks.
- According to a cyber security expert, the Petya ransomware attack infected as many as 5,000 systems within 10 minutes initially.
- Petya is based on the same Windows exploit as WannaCry, but uses a strengthened method to spread itself.
- Operations at one of the terminals of Mumbai’s Jawaharlal Nehru Port, India’s largest container port, were disrupted by this ransomware, marking the first reported case of the ransomware in India.
- Mustafa Dossa, a convict in the 1993 Mumbai serial blasts case, died of a heart attack today in Mumbai,.
- This comes a day after the CBI sought capital punishment for Dossa, claiming that his role in the blasts was more severe than that of hanged convict Yakub Memon.
Recent Committees in News
- The Board of Control for Cricket in India (BCCI) has constituted a special 7-member committee to analyse the few contentious Lodha panel reformswhich are being opposed by the state units.
- Head of this Committee : Rajeev Shukla
- Members :
- Sourav Ganguly
- C. Mathew
- Naba Bhattacharjee
- Jay Shah
- Anirudh Chaudhary
- Amitabh Choudhary
Current Sports News
- Indian origin cricketer (Telangana) Sindhuja Reddy is set to be a part of the USA women’s cricket team in the World Twenty20 Qualifiers in Scotland.
- Kerala’s traditional snake boat racing, which is held during Onam, is set to become an IPL-like league-based sport with the inaugural edition of the Kerala Boat Race League scheduled to start in August this year.
- The league, comprising nine races, will feature snake boats, which are usually 100-foot long and require around a hundred rowers to ride.