Current Affairs Daily Updates: 12th March 2017

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Current Affairs Daily Updates: 12th March 2017
AWARDS AND HONOURS
'Dangal' won the viewer's choice best film award at 2017 zee cine award
  • Alia Bhatt (for Udta Punjab) and Amitabh Bachchan(for Pink) have won Best Actor Female and Best Actor Male awards respectively at Zee Cine Awards 2017.
  • 'Dangal' won the Viewer's Choice Best Film award.
  • Salman Khan (Best Actor) and Anushka Sharma (Best Actress) for their film 'Sultan' based on votes by viewers.
  • Further, the song 'Channa Mereya' from the film 'Ae Dil Hai Mushkil' was named the Viewer's Choice Song of the Year.
BANKING AFFAIRS
ICICI Bank, SBI top bank frauds list: RBI
  • RBI data says, ICICI Bank topped the list of banks that witnessed most number of frauds during April to December period of 2016 with state-owned SBI taking the second spot.
  • During the first nine months of the current fiscal, as many as 455 fraud cases, involving 1 lakh rupees and above, were detected in ICICI Bank, closely followed by SBI with 429, Standard Chartered with 244 and HDFC Bank with 237.
  • However, in value terms, frauds involving 2,237 crore rupees were reported in SBI, followed by Punjab National Bank with 2,250 crore rupees and Axis Bank with 1,998 crore rupees.
BUSINESS AND ECONOMIC AFFAIRS
Paytm withdraws 2% fee on adding money to mobile wallets using credit cards
  •  Paytm has withdrawn the 2 % fee on adding money to mobile wallets using credit cards, after introducing the levy.
  • The company had introduced the fee after finding multiple users using its platform to get free credit by using credit cards to top up their mobile wallets and then transferring the money back to their bank accounts at zero transaction cost.
INTERNATIONAL AFFAIRS
Germany’s KfW, EESL in energy efficiency pact
  • The German Development Bank (KfW) and Energy Efficiency Services Limited (EESL) has signed a loan agreement for €200 million to enhance energy efficiency in India.
  • EESL will invest these funds in energy efficiency in buildings, households, street lighting, agriculture, water supply and industry. 
  • KfW also signed a funding deal of €500,000 with Indian Renewable Energy Development Agency (IREDA) to maintain solar projects.
Japan, US conduct Navy drills
  • The Japanese and United States navies conducted joint exercises in the East China Sea. The exercises involved Japanese destroyers and a US Navy carrier strike group.
  • The drill was aimed at issuing a warning against nuclear-armed North Korea. Recently, the tensions in the Korean peninsula had intensified in the region following North Korea’s missile tests.
  • The exercises were also meant to display the joint Japan-US military presence in the East China Sea, where Japan and China are locked in a long-running dispute over uninhabited islets known as the Senkakus, while China claims then as the Diaoyus.
NATIONAL AFFAIRS
Amarinder Singh to take oath as CM of Punjab on March 16
  • In Punjab, Captain Amarinder Singh will be sworn in as Chief Minister of the state on 16th of this month at Raj Bhawan in Chandigarh. 
  • A spokesman of the Governor House told AIR that Captain Amarinder Singh met the state Governor V P Singh Badnore in Chandigarh today and staked claim to form the government. 
  • He presented the list of Congress legislators to the Governor. He met the Governor along with Congress leaders Asha Kumari and Ashok Gehlot. Amrinder Singh will meet Rahul Gandhi on 14th March to discuss his about his future cabinet.
Arunachal Govt launches new scheme Adarsh Gram Yojana
  • The Government of Arunachal Pradesh has launched a new scheme - Adarsh Gram Yojana - with a view to reach to the poor people in rural areas. The programme has been launched in line with the basic philosophy of the Prime Minister - Sabka Saath Sabka Vikaas.
  • Under the scheme, 123 villages, comprising one village per circle, are to be developed as ‘model villages’ during the fiscal year 2017-18.
  • A corpus of 93 crore rupees has been earmarked in the next year’s budget for infrastructure development and to serve the twin objectives of creating employment opportunities and community assets for the people of those villages.
  • According to official sources, the villages, to be covered under this scheme, are to be identified by the district deputy commissioners in consultation with Zilla Panchayats and elected representatives.
Pranab Mukherjee inaugurates the 12th CII-Exim bank conclave on India-Africa Project Partnership
  • President Pranab Mukherjee has inaugurated the two-day 12th CII-EXIM Bank Conclave on India-Africa Project Partnership in New Delhi.
  • The CII-Exim bank conclave was organized by the CII (Confederation of Indian Industry) in partnership with the EXIM Bank of India with the support of the Ministry of External Affairs and the Ministry of Commerce & Industry, Government of India.
  • India offered fifty thousand scholarships to our African brothers- six thousand Africans have since trained under IAFS-3.
SCIENCE AND TECHNOLOGY AFFAIRS
India Test Fired Brahmos Missile
  • India successfully test fired Supersonic cruise missile Brahmos from the integrated test range at Balasore off the Odisha coast.
  • The supersonic missile is capable of carrying a warhead of 300Kg. With this successful test firing the extended range Brahmos, India can knock down enemy targets beyond 400kms.
SPORTS AFFAIRS
Chawrasia clinches second successive Indian Open title
  • SSP Chawrasia has become only the second Indian golfer to successfully defend the Hero Indian Open title. He clinched a seven-stroke win at the redesigned DLF golf and country club in Gurgaon today. This was his sixth win on the Asian Tour and overall sixth international victory.
  • Chawrasia pocketed a winner's cheque of 291,660 US Dollars. Chawrasia, who was sharing the lead with Spain's Carlos
  • Pigem and England's Eddie Pepperell after day 3, emerged as the sole leader after 42 of the 69 golfers who made the cut returned to complete the third round today.      
  • Chawrasia is the third player to win back-to-back Indian Open. The other two golfers who did so earlier are Jyoti Randhawa who won in 2006 and 2007 and Japan's Kenji Hosoishi who won in 1967 and 1968.
Ritu Rani comes out of retirement to join Indian hockey team
  • Former hockey captain Ritu Rani has shunned retirement to make a comeback in the Indian team after a seven-month sabbatical.
  • Earlier, Ritu had announced her retirement in September last year, post her wedding.
  • She figures in the 18-member Indian squad announced by Hockey India for the women's Hockey World League Round 2.
  • The tournament will be held in Canada from 1st April.