Thursday, 11 February 2016

Daily Current Affairs 11th February 2016

Daily Current Affairs 11th February 2016 : Dear expert. We are online now. You can get Latest New Daily current affairs for your upcoming govt jobs and competitive bank exam IBPS PO, Clerk, SBI, RRB, RBI Exam. Daily Current Affairs is a very important part of General awareness in every competitive examination. So we are here with pdf and quiz type current affairs which can help you to memorize updates on a daily basis.

Daily Current Affairs 11th February 2016

  • US President unveils Cyber Security National action plan
  • Uttar Pradesh Panchayati Raj Minister Kailash Yadav passed away in Gurgaon after reportedly suffering a brain stroke.
  • India-Nepal Military Exercise Surya Kiran IX begins at Pithoragarh
  • North Korea launched Kwangmyongsong-4 satellite
  • France became first country in the world to ban supermarket food waste
  • MoU signed to set up joint venture for Railway project in Chhattisgarh
  • 6th National Film Science Film Festival & Competition begin
  • Central Potato Research Institute to be set up in West Bengal
  • India GDP to grow 7.6% in current fiscal
  • IIT – M tie up with Nokia for rural net connectivity
  • Crown Prince of Abu Dhabi to visit India on 3 day official visit
  • Earthquake hit Papua New Guinea in Pacific
  • Hindu Marriage Bill approved in Pakistan
  • World’s largest concentrated solar plant opened in Morocco
  • Prime Minister Shram Awards 2014 announced
  • TOIFA 2016 to be held in March
  • Bad loans push three govt banks into red
  • New species of Hydroid Polyps emitting green fluorescence discovered in Red Sea
  • Google to offer ‘Flood Alerts’ on maps, Now Cards in India
  • DDCA receives provisional NOC
  • Indian Government Sanctions Rs. 580 Crore For Railway Link With Bangladesh
  • 3rd Edition Of Taj Literature Festival In Agra
  • Lord’s To Host Women’s World Cup Final In 2017
  • Renowned Musician Dan Hicks Passes Away
Abu Dhabi Prince arrives, n-deal not on agenda
  • Sheikh Mohammed Bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and the Deputy Supreme Commander of the United Arab Emirates’ armed forces, received a warm welcome when he arrived. Prime Minister Narendra Modi personally received him at the airport with a warm embrace.
  • This is Sheikh Mohammad Bin Zayed’s third visit to India, but his first as crown prince.
Tata Motors global sales rise 16 per cent in January
  • Tata Motors reported 16 per cent increase in its global sales, including that of Jaguar Land Rover (JLR) vehicles, at 93,355 units in January.
  • The company had sold 80,499 units in January 2015.
  • In the passenger vehicles category, global sales stood at 56,616 units last month as against 49,821 units in January 2015, up 14 per cent.
Qatar and Pakistan sign ‘$16 billion’ gas deal
  • Qatar signed a long-term deal with Pakistan to export liquefied natural gas, according to state media in the Gulf.
  • The deal will see Qatar export up to 3.75 million tonnes of liquefied natural gas a year, according to Pakistan’s petroleum minister, Shahid Khaqan Abbasi.
  • This represents around 20% of the south Asian country’s gas requirements.
  • The deal was signed on the first day of two-day visit to Qatar by Pakistani Prime Minister Nawaz Sharif.
India, France set to close Rafale deal at lower price of Rs 60,000 cr
  • India and France are expected to close the purchase of 36 Rafale multi-role fighters from Dassault Aviation with the signing of an inter-governmental agreement including the commercial contract between the two countries next month.
  • The deal is expected to be clinched at about Rs 60,000 crore, less than what was offered by France to India during the previous UPA government with 2011 being the base price year.
Petronet LNG profit rises 10% on increased volumes at Dahej terminal
  • Petronet LNG Ltd has reported a 9.8 per cent increase in net profit for the third quarter of fiscal 2015-16 due to better operational efficiency and increased volumes serviced at Dahej.
  • Net profit during the quarter stood at ₹178 crore against ₹162 crore in the same quarter last fiscal.
  • The increase in net profit came despite a 55 per cent drop in net revenue of ₹4,930 crore against ₹11,105 crore in the same quarter last fiscal.
  • Petronet’s Director (Finance) RK Garg explained the significant drop in net revenue due to the lower long term gas off take and the fall in spot prices of gas.
EPFO planning onetime bonus of Rs 750 crore for its subscribers in FY16
  • The Employees’ Provident Fund Organisation is considering doling out an Rs 750 crore bonus to its subscribers for 2015-16 instead of raising the interest rate, a first of its kind move that could translate into double-digit returns for crore of workers on their retirement funds.
  • EPFO had earlier proposed raising the interest rate to 8.95% in the current fiscal year, compared with 8.75% in 2013-15 and 2014-15, based on its earnings estimate for the year.
Samsung bets on innovation in India
  • The unique challenges and needs of the Indian market are helping Samsung Electronics to spur innovation and create new products in the country. The world’s biggest consumer electronics company is finding demand for these products not only in India but other countries as well with similar needs.
  • Here are top five innovations that drew attention at the Samsung Southwest Asia Forum 2016.
Curved TV
Smart convertible refrigerator
Washing machines with built-in sink and jet to wash tough stains
Smart Oven that can prepare rotis and naans
Ultra data saving mode
  • India is amongst the hotspots of Samsung’s innovation strategy. It has as many as three research labs in the country in Bengaluru, Delhi, and Noida.
India near bottom of intellectual property index
  • India was ranked 37 out of 38 countries, with only Venezuela scoring lower, in the U.S. Chamber of Commerce-International Intellectual Property Index.
  • The report comes at a time when the government is close to finalising a National Intellectual Property policy to improve the IP regime, increase IP awareness and strengthen enforcement of rules.
  • The U.S. was ranked first, followed by the UK, Germany, France and Sweden. India’s peers in the BRICS grouping were all ranked ahead with Russia ranked 20th, China (22nd), South Africa (26th) and Brazil (29th). The 38 economies benchmarked in the 2016 Index accounts for nearly 85 per cent of the global GDP.
  • The Index — produced by the Chamber’s Global Intellectual Property Center (GIPC) — is based on 30 criteria critical to innovation including patent, copyright and trademark protections, enforcement, and engagement in international treaties, the Chamber said. India remains at the bottom of the Index for the fourth year in a row.
Paytm takes cashless solution to campuses
  • Paytm, India’s largest mobile wallet company that claims to have 110 million wallets is taking its cashless solution to campuses, making it easier for students to pay fees, buy books, order food, among many other things.
  • The subsidiary of erstwhile value-added-services firm One97, and promoted by Vijay Shekhar Sharma, wants to change the way people pay, and digitising campuses helps in moving towards that goal.
Renault to start exporting Kwid to Brazil next month
  • French auto major Renault will begin exporting its entry-level hatchback Kwid to Brazil this year and is looking to ramp up production to 10,000 units by March at its Oragadam plant to meet domestic demand.
  • Renault, which has set a target of garnering 5 per cent market share by end of 2017, has already touched 4.5 per cent in February.
Reliance Communications making Free Basics a paid service to conform to Trai rule
  • Reliance Communications (BSE -0.89 %) has decided to make Facebook’s Free Basics platform a paid one following the telecom regulator’s regulation barring discriminatory pricing of data services, which includes a ban on zero-rated products.
  • A spokesperson at RCom said that subscribers will have to pay applicable data charges for accessing websites or apps through the zero-rated Free Basics platform, once necessary technical modifications are done over the next few days.
  • RCom is the only distributor of Free Basics in India. It had been asked by Telecom Regulatory Authority of India ( Trai) last December to keep the service in abeyance till the regulator cleared it. And following the latest regulation released on Monday, which is effective immediately, Free Basics can’t be offered in India in its present free form.
Infosys appoints Scott Sorokin as head of digital
  • Infosys (BSE -0.67 %) has appointed Scott Sorokin as global head of its digital business, as India’s second-largest IT services company looks to grow in newer businesses.
  • Sorokin was chief strategy officer at Razorfish, a digital agency that is part of French advertising giant Publicis Groupe.
  • Sorokin’s LinkedIn profile says that he has been a strategist and digital partner for senior-level executives at Fortune 100 companies for over 20 years.
  • Digital is the fastest-growing part of Indian IT’s business. Large IT firms have been bulking up their digital teams over the last few months.Mukesh Bansal, Ankit Nagori quit Flipkart
  • Weeks after the top-level rejig at Flipkart, its head of commerce and advertising business Mukesh Bansal has quit.
  • Flipkart’s Chief Business Officer Ankit Nagori has also quit the firm to start an entrepreneurial venture in the sports domain. Interestingly, Flipkart co-founders Sachin and Binny Bansal are the first investors in his new company.

New Harry Potter ‘book’ to be out in July
  • Harry Potter is coming back – for everyone. Nine years after publication of the last novel in the best-selling series about the boy wizard, what has been billed as the “epic 8th Harry Potter story” will be published worldwide in July.
  • “Harry Potter and the Cursed Child Parts I & II,” a script version of the upcoming, sold-out London play, will be published in physical book form in North America and Britain, and globally as a digital ebook. The book will read like a play rather than a narrative novel.
  • The play, based on an idea by author J.K. Rowling, is set 19 years after “Harry Potter and the Deathly Hallows.”

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