Current Affairs Daily Updates 5th January 2017

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Current Affairs Daily Updates 5th January 2017

APPOINTMENTS
RBI appoints Surekha Marandi as Executive Director:
  • The Reserve Bank of India has appointed Surekha Marandi as its Executive Director (ED) in place of U S Paliwal, who retired on December 31, 2016.
  • Marandi will look after Consumer Education and Protection Department, Financial Inclusion and Development Department, and Secretary's Department.
AWARDS AND HONOURS
Arthur Morris inducted into the ICC Cricket Hall of Fame:
  • Former Australia cricketer Arthur Morris has become the 82nd player into the International Cricket Council’s Hall of Fame by Steve Waugh in Sydney (Australia).
  • Arthur Robert Morris (left-handed batsmen) has played 46 Test matches between 1946 and 1955.
BANKING AFFAIRS
Paytm gets final approval for payments bank:
  • Mobile commerce and payments company Paytm has got the final permission to open a payments bank by RBI.
  • Reserve Bank of India gave permission to formally launch Paytm Payments Bank.
  • Paytm and 11 other players, including Vodafone, Airtel and Fino PayTech, had applied for a payments bank licence in 2015.
BUSINESS AND ECONOMY AFFAIRS
Azure Power Commissions Largest Solar Power Project (150MW):
  • Solar power producer Azure Power commissioned 150 MW solar power project in Punjab, which is its largest in North India.
  • For this project, Azure Power had signed a solar power implementation agreement with Punjab Energy Development Agency (PEDA) under its Solar Policy Phase III.
  • The 150MW solar power plant represents a portfolio of three projects of 50MW each. 
Rs. 5 discount for online payment of LPG cylinder:
  • State-owned fuel retailers, Indian Oil Corporation (IOC), Bharat Petroleum Corp Ltd (BPCL) and Hindustan Petroleum Corp Ltd (HPCL) will offer an upfront discount of Rs 5 on every LPG refillto all LPG customers who will book and pay for it online.
  • To provide cashless transactions, the government had asked oil companies to pay consumers 0.75 per cent discount on cashless fuelling of petrol and diesel at petrol pumps.
  • This has now been extended to cooking gas (LPG).
INTERNATIONAL AFFAIRS
Jovenel Moise elected as the President of Haiti:
  • Jovenel Moise has been elected as the President of Haiti.
  • The electoral tribunal officially declared the winner on 3 January 2017.
United Nation Recognises 2017 as Year of Sustainable Tourism for Development:
  • The United Nations 70th General Assembly has recognised the year 2017 as the International Year of Sustainable Tourism for Development
  • This recognizes the importance of international tourism and particularly of the designation of an international year of sustainable tourism for development, in fostering better understanding among peoples everywhere, in leading to a greater awareness of the rich heritage of various civilizations and in bringing about a better appreciation of the inherent values of different cultures, thereby contributing to the strengthening of peace in the world.
NATIONAL AFFAIRS
Union Cabinet approves AoC between India and Portugal in field of agriculture and allied sectors:
  • The Union Cabinet has given its approval for signing of an Agreement for cooperation (AoC) between India and Portugal in thefield of Agriculture and allied sectors.  
  • The AoC covers various activities including trade in plants and plant products, exchange of scientific and technical information, exchange of information in phytosanitary issues, training programmes etc.
Union Cabinet approves MoU between India and Kenya in field of agriculture and allied sectors:
  • The Union Cabinet has approved signing of a Memorandum of Understanding (MoU) between India and Kenya on bilateral cooperation in the field of agriculture and allied sectors
  • The MoU covers various activities in the field of agriculture and allied sectors which include agricultural research, animal husbandry and dairy, livestock and fisheries horticulture and natural resource management.
PM Releases special commemorative postage in 350th birth anniversary of Guru Gobind Singh in Patna:
  • Prime Minister Modi released special commemorative stamps onPrakash Parv in 350th birth anniversary of Guru Gobind Singh in Patna on 5 January 2017.
  • Bihar Governor Ram Nath Kovind, Chief Minister Nitish Kumar, Punjab Chief Minister Prakash Singh Badal, Union Minsters Ravi Shankar Prasad Ram Vilas Paswan and Harsimrat Kaur were present on this occasion.
Bunkar Mitra Helpline for Handloom Weavers went live:
  • The Textile Minister Smriti Irani has launched a Bunkar Mitra-Handloom Helpline Centre where professional queries of weavers will be answered by the experts in the field.
  • This helpline can be accessed by dialing the toll free number 1800-208-9988.
Two-day Assam Biotech Conclave to begins in Guwahati:
  • The two day Assam Biotech Conclave has begun  in Guwahati.
  • Chief Minister Sarbanand Sonowal inaugurated the conclave in presence of  Science and Technology minister Keshab Mahanta.
  • Chief Minister hoped that this conclave would help Assam in biotechnology sector.
  • The conclave will create business and partnering opportunities for its stakeholders and to showcase the facilities and opportunities offered by Guwahati Biotech Park.
Union Government launches IPR Enforcement Toolkit for Police:
  • The Union Commerce and Industry Minister Nirmala Sitharaman launched an Intellectual Property Rights (IPR) Enforcement Toolkit for Police
  • This toolkit will be provided to all state police departments across the nation to assist them in dealing with the cases relating to Trademarks and Copyrights infringements
  • The toolkit has been jointly developed by the Cell for IPR Promotion and Management (CIPAM) and Federation of Indian Chambers of Commerce and Industry (FICCI).
Telangana, Assam join Uday Discom debt scheme:
  • Telangana and Assam signed memoranda of understanding (MoUs) to join the Ujwal Discom Assurance Yojna (UDAY)  taking the total number of states covered under the scheme to 20.
  • An overall net benefit of approximately Rs 6,116 crore to Telangana and Rs 1,663 crore to Assam will come from joining the scheme.
SCIENCE AND TECHNOLOGY
China launches longest high-speed train service:
  • China has launched its longest high-speed train service, fromKunming, capital of southwest China's Yunnan Province, to Beijing
  • The train, named "Shangri-la of the World," left Kunming at 11:05 am on a 2,760-km trip to Beijing. The mileage will increase to 45,000 km by 2030.
SPORTS AFFAIRS
MS Dhoni quits as captain of ODI and T20 teams:
  • MS Dhoni has stepped down as the captain of India's limited-overs sides. 
  • He will, however, be available for the selection for the upcoming England ODI and T20I series starting January 15. 
  • Dhoni had given up the Test captaincy in December 2014.
India win record 4th straight SAFF Women's C'ship title:
  • India's women's football team defeated Bangladesh 3-1 in Siliguri on Wednesday to win the 2016 South Asian Football Federation Women's Championship for the fourth consecutive time. 
  • Dangmei Grace opened the scoring for India, with Sasmita Malik and Indumathi Kathiresan scoring second-half goals for the hosts. India have won all editions of the eight-nation tournament, which started in 2010.
Ashirbad Behera, Ranjib Biswal quit posts from Odisha Cricket Association:
  • On the direction of the Apex court, Odisha Cricket Association (OCA) secretary Ashirbad Behera, president Ranjib Biswal and all OCA office-bearers  quit from their posts. 
Dilip Vengsarkar steps down from MCA vice-president post:
  • Former India captain Dilip Vengsarkar has submitted his resignation as vice-president of the Mumbai Cricket Association (MCA)
  • The move comes on the line of the Supreme Court January 2 order. 
  • On December 17, Sharad Pawar resigned as president of the MCA.
Supreme Court Removes Anurag Thakur as BCCI President:
  • The Supreme Court of India has stripped Anurag Thakur of his powers as BCCI President for not complying with the orders of the apex court with regard to implementation of the Lodha committee reforms
  • He was elected as the BCCI president in May 2016 after Shashank Manohar was elevated to International Cricket Council's chairman post. 
  • In 2011, he became BCCI joint secretary after spending little over a decade as president of the Himachal Pradesh Cricket Association (HPCA).