1. 9th
BRICS Summit 2017 Highlights
i. The
9th BRICS Summit was held from 3rd to 5th September in
Xiamen, China. The Summit had five participating countries namely Brazil,
Russia, India, China and South Africa. The summit was hosted by China
for the second time after the 2011 Summit.
ii. The theme of the 2017 BRICS Summit was “BRICS:
Stronger Partnership for a Brighter Future”.
2. List
of MoUs Signed During Visit of PM Modi to Myanmar
i. After
attending the BRICS Summit in China, PM Modi left for his three-day
visit to Myanmar. He was received by the Myanmar President Htin Kyaw.
Following set of agreements were signed between the two nation.
- MoU on Maritime Security Cooperation
- Cultural Exchange Programme for the year 2017-2020.
- MoU on Enhancing the Cooperation of the Upgradation of the Women's Police Training Centre at Yamethin, Myanmar.
- MoU for Sharing White Shipping Information between the Indian Navy and Myanmar Navy
- Technical Agreement for providing Coastal Surveillance System
- MoU between the Central Drugs Standard Control Organization (CDSCO), Ministry Of Health and Family Welfare of the Republic of India and Food and Drugs (FDA), Ministry of Health and Sports of Myanmar on Cooperation in Medical Products Regulation.
- Exchange of Letter for Extension of MoU on the establishment of MIIT
- Exchange of Letter for Extension of MoU on the establishment of India-Myanmar Center for Enhancement of IT-Skill
- MoU in the field of elections between the Election Commission of India and The Union Election Commission of Myanmar.
- MoU on Cooperation between Myanmar Press Council and the Press Council of India.
3. Yogi
Adityanath and Rajnath Singh Flagged-off Lucknow Metro
i. Union
Home Minister Rajnath Singh and UP CM Yogi Adityanath jointly flagged
off its commercial run.
ii. The 8.5-km
'priority corridor' from Transport Nagar to Charbagh will be
operational from 6 am to 10 pm daily. Rs. 6,00,080 crore has been spent in the
Lucknow Metro Project.
4. Sushma
Swaraj to Attend 3rd Eastern Economic Forum in Russia
i.
External Affairs Minister Sushma Swaraj arrived in Russian
port city of Vladivostok on a three-day visit to attend the third
Eastern Economic Forum which will deliberate on pressing
issues relating to global trade. Delegates from at least 24 countries are
attending the gathering.
ii. She
will also hold bilateral talks with her Russian counterpart Sergei Lavrov. The
Eastern Economic Forum is considered as the biggest international communication
platform for cooperation between businesses leaders and senior government
representatives from Russia, the Pacific Region and the Association of
Southeast Asian Nations (ASEAN).
5. NHAI
Awards First International Project in Myanmar to Punj Lloyd-Varaha
i. The
National Highway Authority of India has awarded its first
international project in Myanmar to a joint venture of Punj Lloyd-Varaha. This
is for the upgradation of the Yagyi–Kalewa section in Myanmar to two
lanes with earthern shoulder in the engineering, procurement, and
construction mode.
ii. The
120-km-long project was estimated to cost Rs. 1,177.02 crore and is to be
completed within 36 months. Punj Lloyd-Varaha’s bid was identified as
the most competitive among four qualified bidders. It was at Rs.
1,177 crore.
6. Narayana
Murthy Receives PLuS Alliance Prize
i. Infosys
co-founder N R Narayana Murthy and Mumbai-born scientist Veena
Sahajwalla have been conferred the PLuS Alliance Prize.
ii. The Prize of USD 50,000 was awarded in two
categories; Education Innovation and Research Innovation. Murthy was presented
the PLuS Alliance Prize for Global Leadership while Professor Sahajwalla was
awarded the PLuS Alliance Prize for Research Innovation for her project 'The
new science of green manufacturing,'
7. Surya
Kiran: Indo-Nepal Joint Military Exercise
i. The 12th
edition of India-Nepal joint military exercise- Surya Kiran XII was
held at Nepal Army Battle School (NABS) in Saljhandi, Nepal. The 14-day exercise
focused on skills required counter-terrorism and counter-terror, forest
fighting and natural disaster management operations.
ii. The
Surya Kiran series of bilateral military exercises are conducted bi-annually,
alternatively in India and Nepal. It is the largest exercise in terms of
troop’s participation in series of military training exercises undertaken by
India with various countries.
8. Reliance
General Insurance Gets IRDAI Nod for IPO
i.
Reliance General Insurance has received in-principle approval
from the Insurance Regulatory and Development Authority of India (IRDAI) for
its initial public offering (IPO).
ii. The
insurance firm, which is a 100 per cent subsidiary of Reliance Capital, is
expected to list during the ongoing fiscal. Reliance Capital plans to dilute
about 25 per cent of its holding in the insurer. Currently, ICICI Prudential
Life is listed on the stock exchange, while Max Life insurance is indirectly
listed through holding company Max Financial Venture.
9. China
Bans Raising Funds Through Cryptocurrencies
i. China
has banned individuals and organizations from raising funds through Initial
Coin Offerings (ICO), or launches of digital currencies, saying the
practice constituted illegal fund-raising.
ii. ICOs have become a bonanza for digital currency entrepreneurs,
globally and in China, allowing them to raise large sums quickly by creating
and selling digital “tokens” with little or no regulatory oversight.
10. Indian
Shooter Ankur Mittal Wins Double Trap Silver at ISSF World Cup
i. India’s
Ankur Mittal won his maiden ISSF World Cup medal by clinching silver in the
double trap event of the edition being held in Moscow.
ii. Mittal
scored 74 points in the final round and fell an agonizing one point short of
tying with the eventual gold medallist from Australia, James Willett. His 75
points is also a new world record.
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