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Daily Current affairs for July 16,2018 ( English)

National:
1.    The Bansagar canal project (171 km long) has inaugurated by Prime Minister Narendra Modi  in Mirzapur district of Uttar Pradesh. Bansagar Dam project is a joint venture (JV) between Madhya Pradesh, Uttar Pradesh and Bihar Governments. It is multipurpose river valley project built on Son River situated in Ganges Basin in Madhya Pradesh. The canal network will bring waters from Shahdol district in Madhya Pradesh for Adwa Barrage, Meza Dam and Jirgo reservoir. PM also laid foundation stone of Mirzapur Medical College.  He also inaugurated 100 Pradhan Mantri Jan Aushadhi Kendras and bridge over Ganga River at Balughat, Chunar, which will facilitate connectivity between Mirzapur and Varanasi. 
2.    Former MP Ram Shakal, RSS ideologue Rakesh Sinha, classical dancer Sonal Mansingh and stone artist Raghunath Mohapatra has nominated as members of Rajya Sabha by President Ram Nath Kovind as per Article 80(1)(a) of the Constitution. Prior to these four nominations, there were eight nominated members in Rajya Sabha.
3.    India became Vice-Chair or regional head of Asia Pacific Region of the World Customs Organisation (WCO) for two years from July 2018 to June 2020. By becoming Vice Chair, India will be able to take up leadership role at the WCO.
4.     The Goa IT Policy 2018 was unveiled at the Inox complex in Panaji on July 15, 2018, on the final day of Goa IT Day celebrations by the Union minister for electronics, IT and law & justice Ravi Shankar Prasad. The Goa IT Policy focuses on infrastructure development, fiscal incentives, governance and human resource development. The policy offers special incentives for solar power-based units, internet subsidy and assistance for campus recruitment. Besides, there is a special provision for capital investment subsidy for the people of Goa.
5.    A 10 Member Committee to review the penal provisions in the Companies Act, 2013 has constituted by the Ministry of Corporate Affairs (MCA). The Commerce Ministry seeks to review offences under the Companies Act, 2013, as some of the offences may be required to be decriminalised and handled in an in-house mechanism, where a penalty could be levied in instances of default. The decision will allow the trial courts to pay more attention on offences of serious nature.


International:
1.    US President Donald Trump and his Russian counterpart Vladimir Putin to hold their first summit at Helsinki, Finland on July 15, 2018. Trump arrived in Finland on July 15 with his wife, First Lady Melania Trump and a host of other dignitaries for the Helsinki summit. The host and President of Finland, Sauli Niinisto is scheduled to meet Trump before Trump and Putin sit down to a bilateral meeting first without aides and then with their teams of support staff. Trump's meeting with Putin comes days after a federal grand jury indicted 12 Russian intelligence officials on charges of hacking the servers of the Democratic National Committee and that of its 2016 presidential candidate Hillary Clinton.
2.    India on July 15, 2018 signed a revised travel agreement with Bangladesh to ease visa restrictions for citizens from the neighbouring country in Dhaka in the presence of visiting Home Minister Rajnath Singh and his counterpart Asaduzzaman Khan. Under the Revised Travel Arrangement (RTA)-2018, freedom fighters and elderly Bangladeshi nationals will get five-year multiple visa from India. Besides this, both the leaders also held the 6th Home Minister Level Talks between India and Bangladesh.
3.    The United States has rejected requests from the European Union to grant exemptions to European companies from its sanctions against Iran. The letter further read that the US is not in a position to make exceptions to this policy except in very specific circumstances. It also said that Washington will seek to provide unprecedented financial pressure on the Iranian regime.
Science & Technology:
1.    An e-commerce platform IFFCO iMandi (an mobile application and web portal) has launched by  Fertiliser major IFFCO to address all needs of the farming community associated with it. The e-commerce platform is one stop shop for agri inputs and produce, FMCG, electronics, loans, insurance etc. It has features like buy-sell, communication (chat and calling), entertainment and information/advisory content to keep farmers engaged. Through this e-commerce platform, IFFCO is targeting to reach GMV (gross merchandise value) of $5 billion in the next two years by catering needs of 5.5 crore farmers already associated with it.
2.    ISRO has successfully conducted ground test of its high thrust version of Vikas Engine at ISRO Propulsion Complex (IPRC) in Mahendragiri, Tirunelveli district of Tamil Nadu for duration of 195 seconds. Vikas belongs to family of liquid fuelled rocket engines conceptualized and designed by ISRO’s Liquid Propulsion Systems Centre in the 1970s.
3.    India's indigenously developed surface-to-surface supersonic cruise missile- BrahMos was successfully test-fired from the Chandipur Test Range, off the coast of Odisha on July 16, 2018. The previous test firing of the missile was conducted on May 21, when it was launched from a mobile launcher under life extension program. BrahMos is the first Indian missile whose life has been extended from 10 to 15 years.
4.    China has announced that it plans to launch 300 low-orbit satellites Known as the Hongyan constellation to provide worldwide communication services, with the first in the series to be launched later this year. The constellation will be built in three stages. China’s Aerospace Science and Technology Corporation said, once completed, the satellite communication network will take the place of the ground-based network and allow a mobile phone to be connected everywhere on the planet, even in a remote desert or at sea.
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Economy:
1.       The Life Insurance Corporation of India's (LIC's) board has approved acquiring up to 51 per cent stake in state-run IDBI Bank. Since Insurance Regulatory and Development Authority of India (IRDAI) has already given its approval to LIC for the stake purchase, the corporation will now approach the regulator for the securities market India, Securities and Exchange Board of India (SEBI).Till end of June 2018, LIC owned about 8 per cent of IDBI Bank, while the federal government owned 86 per cent.
Awards:
1.       2018 Sangita Kalanidhi award of Music Academy has been awarded to renowned Carnatic vocalist Aruna Sairam for her contribution to Carnatic music. Under this recognition, she will preside over 92nd annual conference to be held between December 15, 2018 and January 1, 2019. The award will be conferred to her on January 1, 2019 the day of Sadas of the conference. Mridhangist Thanjavur R. Ramadoss and vocalist K. Oman Kutty will be awarded Sangita Kala Acharya award. Veena player Kalyani Ganesan and nagaswaram player S.R.G. Rajanna will be awarded T.K. Awards. Dr. Premeela Gurumurthy, the Vice Chancellor, Tamil Nadu University will be awarded Musicologist award. veteran danseuse Shanta Dhananjayan will be awarded Nritiya Kalanidhi award.


Sports:
1.    The 2018 Wimbledon Championships was a tennis tournament held from2 July to 15 July 2018 at the All England Lawn Tennis and Croquet Club in Wimbledon, London, United Kingdom. Serbia’s Novak Djokovic (World Number 21) won the 2018 Wimbledon title in men’s singles category by defeating Kevin Anderson (South Africa). It was his fourth Wimbledon title (earlier won in 2011, 2014 and 2015). Overall, it was his 13th career Grand Slam crown.: It was by Mike Bryan and Jack Sock pair from United States won Men’s Doubles by defeating  Raven Klaasen (South Africa) and Michael Venus (New Zealand)pair. Angelique Kerber (Germany) won the 2018 Wimbledon title in women’s singles category by defeating Serena Williams (United States).Barbora Krejčíková and Kateřina Siniaková pair from Czech Republic won Women’s Doubles by defeating  Kveta Peschke (Czech Republic) and Nicole Melichar (United States). Mixed Doubles was won by Alexander Peya (Austria) and Nicole Melichar (United States) pair  had defeated Jamie Murray (United Kingdom) and Victoria Azarenka (Belarus).
2.       2018 FIFA World Cup Football has won by France by defeating Croatia by 4-2 goals in the final match held at the Luzhniki Stadium in Moscow, Russia. It was France’s second World Cup crown after it had own it in 1998 (by defeating Brazil) on home soil. It was Croatia’s first World Cup final appearance and smallest country ever to reach final in the modern era. With this, victory France joins Uruguay and Argentina in winning World Cup for a second time. Qatar will be hosting next FIFA World Cup in 2022. It will be the first Arab country to host World Cup and it will also for first time it will be held in Middle East region. 2018 FIFA World Cup Awards: Top 4 team rankings: France (1st, Winner), Croatia (2nd, Croatia), Belgium (3rd) and England (4th). Golden Ball award: Luka Modric (Croatia). Golden Boot award: Harry Kane (England captain) for scoring six goals across six games. Golden Glove award: Thibaut Courtois (Belgium). FIFA Young Player award: 19-year-old Kylian Mbappe (France). FIFA Fair Play Award: Spain for superb disciplinary record.
3.       Former Indian off-spinner Ramesh Powar has been named as the interim coach of the Indian women's cricket team. Powar has been asked to coach the team by BCCI until they find a replacement for Tushar Arothe, who resigned as the coach of the women's team five months after being appointed. The BCCI has invited applications for the post of the coach of the women's cricket team, with the last date to submit an application being July 30,2018.
4.        Indian boxers ruled the ring at the Golden Glove of Vojvodinayouth tournament at Subotica in Serbia, finishing at the top with seven gold medals.  Overall, the Indian medal tally included 17 medals, which comprised 7 Gold, 6Silver and 4 Bronze. Kazakhstan came second with a gold medal count of 5 in their overall haul of 7 medals, while Russia with 11 medals including 3 gold, 2 silver and 6 bronze finished third.
5.  The Central Government will soon launch an ambitious scheme to test sports ability of two to three crore children across the country. This announcement was made by the Union Minister of State for Youth Affairs and Sports Rajyavardhan Rathore  while addressing a function at Ahmedabad in Gujarat on July 15, 2018.  The Minister said that around one thousand children will be selected every year under the physical capability mapping programme.  Each of the selected children will be provided with a scholarship of five lakh rupees per annum for eight years to help groom their sports talent.




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