Jun Top Current Affairs: 26 June 2018

Jun Top Current Affairs: 26 June 2018

Tayyip Erdogan wins another term as Turkey President
After 15 years in office, Turkey’s President Recep Tayyip Erdogan is set to return to power once again for another 5 years following his outright election victory in the recently concluded polls. With 99 percent of votes counted, Mr Erdogan (64) won 53 percent votes and his closest rival Muharrem Ince won 31 percent.

Seychelles President’s visit to India
Seychelles President Danny Faure is on his first bilateral visit to India. He held the talks with Prime Minister Narendra Modi & reviewed the wide-ranging cooperation between the two countries, including in the fields of defence and security.

Sanjay Kumar quits Indigo
IndiGo’s Chief Commercial Officer Sanjay Kumar resigns from the office. S. Kumar has been associated with the organisation from past 12 years. Willam Boulter, the current Chief Strategy Officer, would be taking over from him.

  • Ministry of Health signs MoU with Indira Gandhi National Open University 

    Ministry of Health and Family Welfare signed an MoU with Indira Gandhi National Open University (IGNOU) to scale up the short term healthcare courses through its available robust platform.
    • Under this MoU, curriculum for 10 courses especially designed for the health sector will provide more than 14 lakh trained manpower by 2025.
    • The combined objective under this MoU is to scale up the health programs to create trained personnel in the healthcare sector and to set up a dedicated cell for developing, implementing and certifying the skill based programs at IGNOU.
    • A robust monitoring and assessment framework will be established under the MoU to ensure that MoHFW standards are followed stringently.
    • MoHFW will provide for financial assistance to IGNOU for establishing the structure and initiating the programs and the courses will be initiated in a phased manner across the Country by IGNOU.
    • Initially four courses will be launched country wide under this MoU, namely Home Health Aide, Geriatric Care Assistant, Phlebotomist and General Duty Assistant.

  • Baba Kalyani Group holds its first meeting to study the SEZ Policy 

    The group of eminent personalities constituted by the Government of India to study the Special Economic Zones (SEZ) Policy of India held its first meeting on June 22, 2018 under the aegis of Suresh Prabhu, Minister of Commerce & Industry and Civil Aviation.
    • The Minister requested the members of the group to review the entire ecosystem of SEZs to suggest policy changes to make SEZ policy simple and transparent.
    • Baba Kalyani, Chairman Bharat Forge, who is Chairman of this group, pointed out that biggest challenge is the creation of jobs and the focus of the group would be to address this issue.
    • The group will make suggestion for shift from fiscal incentives to employment based incentives, reframe the boundaries and introduce grandfathering clause for existing provisions, he added.
    • The group has decided to meet in the middle of July 2018 again and will submit its report by the end of August 2018.
    Archer Deepika Kumari wins Gold
    Archer Deepika Kumari won her first individual gold medal in six years at the Salt Lake World Cup following a 7-3 win over Germany’s Michelle Kroppen in the recurve final. Abhishek Verma had won an individual silver in the Compound category & was part of the mixed team bronze winning side alongside Jyothi Surekha Vennam.

    3rd annual meeting of AIIB
    The 3rd annual meeting of the Beijing based Asian Infrastructure Investment Bank (AIIB) began in Mumbai. This first time India is hosting the event. The meeting with the theme ‘Mobilizing Finance for Infrastructure’ was inaugurated by PM Modi.

  • President presents National Awards for Outstanding Services in the field of Prevention of Alcoholism and Substance (Drug) Abuse

    President Ram Nath Kovind presented the “Fourth National Awards for outstanding services in the field of Prevention of Alcoholism and Substance (Drug) Abuse” to the institutions and individuals on the occasion of International Day against Drug Abuse and Illicit Trafficking.
    • The Ministry of Social Justice and Empowerment celebrates 26th June every year as International Day against Drug Abuse and Illicit Trafficking.
    • For the same, the Government instituted a Scheme of the National Awards for outstanding services in the field of prevention of Alcoholism & Substance (Drug) Abuse in 2013.
    • The Scheme is applicable to Institutions and individuals working in the field of Prevention of Drug and Alcoholism Abuse.
    • On the occasion, President highlighted that geographical location between Myanmar-Laos-Thailand’s ‘Golden Triangle’ and Iran-Afghanistan-Pakistan’s ‘Golden Crescent’ makes the problem of Drug Abuse and Illicit Trafficking even more acute and complicated.

  • Over 41 lakh new jobs created in 8 months: Central Statistics Office

    More than 41 lakh new jobs were created in the country from September 2017 and April 2018, as per the Central Statistics Office (CSO).
    • CSO released the employment-related statistics in the formal sector for eight months beginning from September 2017.
    • In April 2018 alone, the highest ever new payrolls of over 6.8 Lakhs were recorded by the retirement fund body Employees’ Provident Fund Organisation.
    • During April 2018, the maximum new payrolls of over 1 lakh 87 thousand were recorded in the age bracket of 18 to 21 years followed by nearly 1 lakh 81 thousand payrolls in 22 to 25 years.
    • For each age-wise band, the estimates are net of the members enrolled and ceased during the month.
    • The estimated total number of new National Pension Scheme subscribers during the period September 2017 to April 2018 is over 5 lakh 12 thousand persons.

  • Heads of 11 banks to appear before Parliamentary Panel 

    Heads of eleven public sector banks will appear before the Standing Committee of Parliament on Finance in New Delhi on June 26, 2018.
    • They will apprise the committee of the bad loan issues and rising fraud cases in the banks.
    • Former Prime Minister Manmohan Singh is also a member of the panel which is headed by Congress leader M Veerappa Moily.
    • Officials of IDBI, UCO, Corporation and Allahabad Bank, Central Bank of India, BOI, Indian Overseas Bank, Dena Bank, Oriental Bank of Commerce, Bank of Maharashtra and United Bank will make presentations before the committee.

  • World Food Prize 2018 awarded to Lawrence Haddad and Dr. David Nabarro

    The World Food Prize 2018 was awarded to Lawrence Haddad and Dr. David Nabarro for their individual but complementary global leadership in elevating maternal and child undernutrition within food security.
    • Lawrence Haddad is British economist and food policy researcher and Dr. David Nabarro has worked with the World Health Organization (WHO) and United Nations (UN) on health and hunger issues.
    • The World Food Prize is most prominent global award for individuals whose breakthrough achievements alleviate hunger and promote global food security.
    • The award was conceived in 1986 by Nobel laureate Norman Borlaug, considered as father of the Green Revolution.

  • Seychelles gifts two giant tortoises to India

    Seychelles has gifted pair of Giant Aldabra tortoise to India as a goodwill gesture.
    • They were brought to India as gift by the Seychelles President Danny Faure during his visit to India.
    • The pair was handed over to Nehru Zoological Park, Hyderabad after Central Zoo Authority (CZA) in New Delhi gave permission to house them.
    • Both the tortoises are aged about 20 years and weighs around 120 and 150kg.
    • They have been kept under quarantine at Nehru Zoological Park and will continue to be under observation for 30 days, after which they will be released into enclosure for public view.
    • Gifting or giving Aldabra tortoise on loan to friendly countries is a part of the Seychellois diplomacy. In 2010, Seychelles had loaned two giant tortoise to Shanghai Zoo in China, while another pair was presented to Guangzhou Zoo in 2014.
    • Aldabra Giant Tortoise is endemic to Aldabra Atoll in Seychelles. It is said to be one of the largest species of tortoises on planet and also one of the world’s longest living animals (can live above 200 years).

  • Gender inequality extremely high in work & politics in India: Report

    According to recent report by the McKinsey Global Institute (MGI) for the Asia-Pacific region, gender inequality in India is extremely high at the workplace in terms of legal protection and political voice.
    • The report had assessed inequality on the basis of Gender Parity Score (GPS) that uses 15 indicators of gender equality in work and society under four broad categories.
    • It ranks countries on scale of 0 (signifying inequality) to 1 (signifying parity).
    • India’s score was 0.30 in gender equality at work and 0.78 in legal protection and political voice.
    • India is behind Asia-Pacific average in all four categories of GPS, but ahead of Bangladesh and Pakistan.

  • RemoveDEBRIS satellite to demonstrate technology to clean up space junk deployed

    RemoveDEBRIS Satellite was successfully deployed from International Space Station (ISS) to demonstrate a range of innovative technologies to clean up space debris orbiting Earth.
    • The satellite was designed, built and manufactured by consortium of space companies and research institutions led by Surrey Space Centre at University of Surrey, United Kingdom.
    • The project is co-funded by European Commission.
    • RemoveDEBRIS mission is aimed at performing key Active Debris Removal (ADR) technology demonstrations.
    • The mission plans is to test efficacy of several ADR technologies on mock targets in low Earth orbit (LEO), rather than engaging in ADR of real space debris.Borna Coric wins Halle Open 2018
    Crotia’s Borna Coric defeated Swiss tennis ace Roger Federer in the final of the Halle Open 2018. Coric, 21, won 7-6 (8-6) 3-6 6-2 to end the Wimbledon champion – Roger Federer’s run of 20 consecutive victories on grass. With this Spainard, Rafael Nadal took over as World No. 1

    FICCI awarded at X International IT Forum
    Federation of Indian Chambers of Commerce & Industry (FICCI) received an award during the event, for its support and active participation at the forum, consecutively for two years. The prime objective of the X International IT Forum was to leverage on the unique strengths of the Indian IT industry potential and Russia’s innovative products.

    Lewis Hamilton wins French Grand Prix
    Lewis Hamilton of Mercedes team won the French Grand Prix. Ferrari’s Sebastian Vettel was given a five-second penalty for creating a collision with Valtteri Bottas. Sebastian Vettel finished the race in the fifth position. Red Bull’s Max Verstappen secured second place. Ferrari’s Kimi Raikkonen finished in the third position.

    Award winning poet Donald Hall passes away
    Award-winning American poet and writer Donald Hall passed away at the age of 89. He was the United States Poet Laureate for 2007-’08 and received the Robert Frost Medal in 1991 and the National Medal of Arts, the nation’s highest honour for artists, in 2010.

    National News

    1. The first Tribal Queen of India

    • Pallavi Durua, who belongs to Odisha’s Koraput district, was crowned as the first “Tribal Queen” at the Adi Rani Kalinga Tribal Queen competition held at Utkal Mandap.
    • The prime objective of the event was to promote tribal art and culture.

    2. International Day against Drug Abuse and Illicit Trafficking: 26 June

    • Ministry Of Social Justice & Empowerment Celebrates ‘International Day Against Drug Abuse and Illicit Trafficking’ Today
    • President also Presents ‘National Awards for Outstanding Services in the field of Prevention of Alcoholism and Substance (Drug) Abuse’ on this day.

    3. Ministry of Women and Child Development to organise POSHAN Abhiyaan TECH-THON

    • The Union Ministry of Women and Child Development announced to organise a day-long Seminar on Technology Partnerships ‘TECH-THON’ for steering POSHAN Abhiyaan on June 28, 2018 at Pravasi Bharatiya Kendra in New Delhi.
    • POSHAN Abhiyaan, also known as National Nutrition Mission, was launched by Prime Minister Narendra Modi on March 8, 2018 in Jhunjhunu, Rajasthan. The POSHAN Abhiyaan empowers the frontline functionaries such as the Anganwadi Workers and Lady Supervisors by providing them with Smartphones.

    4. Ministry of Women and Child Development launches report on ‘Women in Prisons’

    • Union Minister for Women and Child Development, Maneka Sanjay Gandhi launched the report titled ‘Women in Prisons’.
    • The report throws light on the condition of women in prisons and their entitlements; issues faced by them and possible methods for resolution of the same.

    International News

    1. India, Seychelles sign 6 MoUs for cooperation in various fields

    • India and Seychelles signed six Memorandums of Understanding (MoUs) to further expand bilateral ties between the two sides in various fields. These include areas of naval cooperation, cybersecurity, culture, development projects among others.
    • Modi announced a line of credit worth for Seychelles for purchase of defence hardware. The Prime Minister also gifted Dornier Aircraft to President of Seychelles, an important step towards India’s commitment to augment Seychelles’ defence assets and capability.

    2. The joint patrol exercise “Coordinated Patrol (CORPAT)”

    • The naval forces of India and Bangladesh will conduct the joint patrol exercise “Coordinated Patrol (CORPAT)” in the Bay of Bengal from June 27, 2018.
    • The first edition of 3-day naval exercise will be inaugurated by Admiral Sunil Lamba, Chief of the naval staff (CNS) of India, who is visiting Bangladesh.

    3. US Food and Drug Administration (FDA) has approved the first marijuana-based medicine

    • The US Food and Drug Administration (FDA) has approved the first marijuana-based medicine in the country which will be used in the treatment of epilepsy.
    • The drug Epidiolex developed by UK-based firm GW Pharmaceuticals. The drug will be used to treat seizures associated with Lennox-Gastaut syndrome (LGS) and Dravet syndrome in patients.

    Business News

    1. Market cap of Bajaj Finserv crosses Rs 1 trillion mark

    • In the current calendar year 2018, Bajaj Finserv has outperformed the market by surging 20% as compared to 4.5% rise in the S&P BSE Sensex.
    • Bajaj Finserv stands at number 29th position in overall market-cap ranking against at number 35 rank at beginning of CY18.

    2. Tata Motors to invest huge amount on Jaguar Land Rover

    • Tata Motors owned Jaguar Land Rover (JLR) plans heavy investments of £13.5 billion (around INR 1.2 lakh crore). This investment will be spread over a period of 3 years and will be directed towards launch of new products, enhanced technological developments and capacity addition.
    • JLR currently has a portfolio of 12 products which will be taken upto 16 with the four new models being planned while the company is also targeting 99 different product actions by FY24.

    3. IndiGo chief commercial officer Sanjay Kumar quits

    • The chief commercial officer Sanjay Kumar has resigned, less than two months after president and whole-time director Aditya Ghosh put in his papers.
    • IndiGo chief strategy officer William Boulter will take over as chief commercial officer on 15 July

    4. Morgan Stanley raises $300 million for India focused infrastructure fund

    • Morgan Stanley has raised close to $300 million in commitments for its India-focused infrastructure fund.
    • Morgan Stanley is looking to raise around $600-700 million in total for the fund.

    Sports News

    1. 45-yr-old El-Hadary oldest to play in a FIFA World Cup match

    • Egyptian goalkeeper Essam El-Hadary, aged 45 years and 161 days, has become the oldest player to play a FIFA World Cup match.
    • El-Hadary achieved the feat by featuring in the Group A match against Saudi Arabia .

    2. Lewis Hamilton wins French Grand Prix

    • Lewis Hamilton reclaimed the world championship lead with a dominant victory in the French Grand Prix.
    • The Mercedes driver Lewis Hamilton led from start to finish other than one lap around his pit stop to move 14 points ahead of Ferrari’s Sebastian Vettel, who finished fifth.

    3. Umar Akmal summoned by PCB over spot-fixing claims

    • The Pakistan Cricket Board has summoned wicketkeeper-batsman Umar Akmal after he claimed that he has had offers to miss World Cup matches against India.
    • He was once offered $200,000 for missing two deliveries in a match. As per the rules, not reporting any approaches made to a player for fixing matches is also a punishable offence.

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