Current Affairs Daily Updates: 29th July 2017
AWARDS AND
HONOURS
Jhulan
Goswami and Subrata Bhattacharya felicitated by Mohun Bagan
- Mohun
     Bagan was conferred former club captain and coach Subrata Bhattacharya
     with prestigious Mohun Bagan Ratna award at the club’s annual day
     programme in kolkata. 
 - The
     city football gaint also felicitated India Women’s cricket team veteran
     pacer Jhulan Goswami with a special award. On the other hand, former club
     striker Balwant Singh was awarded the Best Football Player of the Year
     prize. 
 - Debabrata
     Das was honoured with the Best Cricket Player of the Year award. Former
     Bengal batsman Shyam Sundar Mitra was bestowed the Lifetime Achievement
     Award.
 
BANKING AFFAIRS
IOB goes
live with Bharat Bill Payment system
- Public
     sector Indian Overseas Bank has offered Bharat Bill Payment System,
     introduced by the National Payments Corporation of India, for its
     customers. 
 - BBPS
     is an integrated bill payment system that offers inter-operable online
     bill payments to customers. 
 - The
     services include online payments of electricity, telecommunication, DTH,
     water and gas bills, the Chennai headquartered bank said in a statement. 
 - Indian
     Overseas Bank is one of the three public sector banks (apart from Bank of
     Baroda and Union Bank of India) to get the approval from RBI for providing
     the service.
 
Reserve
Bank of India sets up Supervisory Colleges for six Scheduled Commercial Banks
- Reserve
     Bank of India (RBI) has set up Supervisory Colleges for six Scheduled
     Commercial Banks which have a sizeable international presence: - State
     Bank of India, ICICI Bank Ltd., Bank of India, Bank of Baroda, Axis Bank
     Ltd. and Punjab National Bank.
 - The
     main objectives of the colleges to enhance information exchange and
     cooperation among supervisors, to improve understanding of the risk
     profile of the banking group and thereby facilitate more effective
     supervision of internationally active banks.
 
BUSINESS AND
ECONOMIC AFFAIRS
Govt.
collected more than Rs. 2.35 lakh crore as cesses in 2016-17
- According
     to the minister of State for Finance Santosh Kumar Gangwar, the union
     government has collected more than two lakhs thirty-five crore rupees last
     fiscal by way of a host of cesses (including education, Swachh Bharat, and
     Krishi Kalyan).
 - The
     total revenue generated from cesses and surcharges under direct tax was
     around Rs. 47,000 crores.
 - In
     2016-17, the amount generated from the cesses and surcharges under the
     indirect tax category stood at around one lakh 88,000 crore rupees.
 
India's
Foreign Exchange Reserves touch record high of USD 391.33 bn
- According
     to Reserve Bank of India data, the Country’s Foreign
     Exchange Reserves touched a new record high of USD 391 point 33 billion
     aided by the increase in foreign Currency Assets (FCAs).
 - Gold
     reserves remained unchanged at USD 20.35 billion.
 - The
     special drawing rights with the International Monetary Fund (IMF) went up
     by USD 12.1 million to USD 1.491 billion.
 - Country's
     reserve position with the IMF too increased by USD 19 million to USD 2.341
     billion.
 
IMPORTANT DAYS
OBSERVED
International
Tiger Day is observed on July 29
- The
     7th International Tiger Day is observed Globally on 29 July.
 - This
     year’s International Tiger Day would be celebrated with the slogan ‘Fresh
     Ecology For Tigers’ Protection’.
 - Jim
     Corbett National Park, a famous National Park for tigers is situated at
     Uttarakhand.
 
INTERNATIONAL
AFFAIRS
Shahid
Khaqan Abbasi, interim PM of Pakistan
- The
     ruling Pakistan Muslim League has selected Minister for Petroleum and
     Natural Resources, Shahid Khaqan Abbasi to be the interim prime minister
     of Pakistan. 
 - Nawaz
     Sharif had recently resigned as Pakistan Prime Minister after the Supreme
     Court disqualified him from holding public office. The court disqualified
     Sharif under Article 62 and 63 of the Constitution.
 
NATIONAL
AFFAIRS
Punjab
launches flagship ‘care companion programme’ scheme
- The
     Punjab health minister Brahm Mohindra launched a flagship care companion
     health scheme.
 - The
     main aim is to improve patient outcomes through better family engagement
     and education.
 - The
     state department of health and family welfare signed a Memorandum of
     Understanding (MOU) with Noora Health India Trust, a healthcare-profit
     organisation, for implementation of the ‘Care Companion Programme’ (CCP).
 - The
     objective is to reduce the number of infant deaths and complications like
     infections in the first 30 days post discharge and ensure adoption of
     long-term health pro-motive behaviours. The innovative programme includes
     teaching the family of patient’s high-impact medical skills to take care
     of the patients in the hospital and at home.
 
Bengaluru
ranks 40 among top 50 cities for women entrepreneurs
- Bengaluru
     has ranked 40 out of 50 cities on Women Entrepreneur (WE) Cities Index
     2017 study released by Dell.
 - It is
     the only other Indian city in the top 50 list is Delhi at the 49th
     position.
 - Singapore
     was at the 8th spot the only city from Asia Pacific and Japan region.
 - New
     York topped the list followed by Bay Area (US), London (UK), Boston (US)
     and Stockholm (Sweden).
 
Union
Government launches Sagar Vani to alert Coastal Community
- Union
     Science and Technology and Earth Sciences Minister Harsh Vardhan launched
     ‘Sagar Vani’ system to communicate and help the coastal community,
     especially fishermen, with advisories and warnings related to the safety
     at sea.
 - The
     ‘Sagar Vani’ is a software platform where various dissemination modes will
     be integrated on a single central server.
 - The
     system that can send information in regional languages through various
     platforms including radio, television, voice calling, text service, social
     media, mobile apps and e-mail aims at timely dissemination of ocean
     information and advisory services that includes Potential Fishing Zone
     (PFZ) advisories, Ocean State Forecast (OSF), High Wave Alerts and Tsunami
     early warnings.
 
NPCI
receives final nod from RBI to function as Bharat Bill Payment Central Unit
- National
     Payments Corporation of India (NPCI) received a final nod from the Reserve
     Bank of India to function as the Bharat Bill Payment Central Unit (BBPCU)
     and operate the Bharat Bill Payment System (BBPS).
 - Last
     year, BBPS operating units received in-principle approval from Reserve
     Bank of India took part in the pilot. 
 - The
     Bharat Bill Payment System (BBPS) is a 
     RBI conceptualized system driven by National Payments Corporation
     of India (NPCI).
 
NITSER
(National Institutes of Technology, Science Education and Research) Amendment
Bill passed in Rajya Sabha
- The
     NITSER (National Institutes of Technology, Science Education and Research)
     Amendment Bill was passed in Rajya Sabha.
 - The
     Bill proposes to introduce two new Institutions namely Indian Institute of
     Science Education and Research (IISER) Tirupati and IISER Berhampur in the
     Second Schedule of the NITSER Act, 2007.
 
SCIENCE AND
TECHNOLOGY AFFAIRS
Iran
successfully launches satellite-carrying rocket
- Iran
     successfully launched a satellite-carrying rocket Simorgh into space
     recently.
 - The
     launch of a “Simorgh” rocket that is capable of carrying a satellite
     weighing 250 kilograms (550 pounds). “Simorgh” means “phoenix” in Farsi.
 - It
     took place at the Imam Khomeini National Space Station in Semnan, 220
     kilometres (138 miles) east of Tehran.
 
SPORTS AFFAIRS
HS Prannoy
got 17th spot in BWF Rankings
- Indian
     shuttler HS Prannoy got the 17th position in the Badminton World
     Federation (BWF) World rankings.
 - Ajay
     Jayaram is ranked 16th, while B Sai Praneeth is 19th place recently.
 - Another
     Indian shuttler Sameer Verma climbed four places from 32 to 28 and became
     the fourth Indian to qualify for the World Championship.
 - Indian,
     Kidambi Srikanth is highest ranked at number 8. India now has four
     shuttlers in top-20.
 
