Here is an update containing all the important current affairs for 9th July 2017. You can download the Important Current Affairs 9th July 2017 with pdf capsule too.
You can also attempt daily important current affairs quiz for yesterday:
India to join New GXFC
- India will soon get a seat on the Global Foreign Exchange Committee.
- It is a newly-constituted forum of central bankers and experts working towards promotion of a robust and transparent forex market.
- Committee has been set up under the guidance of the Bank for International Settlements.
- GXFC will seek to promote collaboration and communication among local foreign exchange committees.
India’s first World Heritage City
- Ahmedabad has been declared as a World Heritage City at the 41st session of UNESCO’s world heritage committee meet in Karkow in Poland.
- It is the first time an Indian city was declared a world heritage property.
- With this title, Ahmedabad has joined Paris, Vienna, Cairo, Brussels, Rome & Edinburgh.
- Nomination of Ahmedabad was supported by about 20 countries including Peru, Cuba and others.
UNHRC to review Pak’s human right record
- United Nations Human Rights Council has said that it will undertake a thorough two-day review of Islamabad’s human rights record.
- Pakistan will be reviewed by the Human Rights Committee for its implementation of the International Covenant for Civil and Political Rights.
- Committee will issue concluding observations based on constructive dialogue and documents submitted by the State.
Shriram Group and IDFC merger
- Shriram Group and IDFC have entered into a 90-day exclusive agreement to explore the possibility of a merger.
- Over next 90 days, the two entities will work out the nitty-gritty relating go due diligence and valuation.
- IDFC is likely to have about 75% stake in the two Shriram group insurance companies – life and general.
- Merger is expected to help IDFC Bank enlarge its retail portfolio.
Digital initiatives over e-education
- President Mukherjee launched 3 digital initiatives – Swayam, Swayam Prabha and National Academic Depository to push e-education in the country.
- Aim of the initiatives is to raise the Gross Enrollment Ratio in higher education from 24.5 to 30 by 2020.
- Swayam will host courses taught in classrooms from Class 9th to post-graduation, which can be accessed by anyone, anywhere at any time.
Muslims educationally most disadvantaged
- According to a panel formed by a govt-funded agency, Muslims are educationally the most disadvantaged community among the minorities.
- Panel has recommended that the communities be empowered through a 3 tier model of institutions–central schools, community colleges & national institutes.
- Proposed schools could follow KV or NV pattern while community colleges may be based on open access model.
Tokio Marine raises stake in IFFCO-Tokio
- Japan’s Tokio Marine Asia has raised its stake in a 17-year old general insurance joint venture with India’s fertiliser co-operative from 26% to 49% at a cost of ₹2,530 crore.
- Marine has purchased total 6,19,43,945 shares of IFFCO-Tokio from IFFCO and IPL for a total consideration of Rs2,530 crore.
- IFFCO stake will come down to 51% in the JV while IPL would exit from the insurance company.
Sumita Sanyal passes away
- Veteran actor Sumita Sanyal, who had worked in both Bengali and Hindi cinema, passed away at the age of 71.
- She was best known for her role in superhit Bollywood flick “Anand”.
- She was married to film editor Subodh Roy, and had acted in over 30 Bengali films, including the Dilip Kumar starrer Sagina Mahato.
Beef detection kit
- Directorate of FSL in Maharashtra has developed a portable kit which can determine if a meat sample contains beef or not.
- If meat sample fed into the kit is beef, the sample turns yellow and will be sent for further confirmation to FSL.
- Cow Meat Detection ELISA Kit can provide results within 30 mins.
- It will help police secure more convictions in cases of beef possession or transportation.
Lower berth in 3AC coach to be reserved
- Indian Railways has fixed quota for ‘Divyangs’ in 3AC of mail and express trains to make the journey hassle-free. A lower berth in 3AC coach will be reserved for Divyangs.
- Currently, there is a provision for lower berth quota in sleeper class only.
- In order to facilitate smooth entry into platforms, all stations are being made accessible for differently-abled passengers.
Battulga wins presidential election
- Former martial arts star and businessman Khaltmaa Battulga has won Mongolia’s presidential run-off election.
- Battulga of the Democratic Party won with 50.6% of the vote on a 60.9% turnout and defeated Miyeegombo Enkhbold of the ruling Mongolian People’s party.
- The poll was seen as a referendum on the government’s economic recovery plans and the role of southern neighbour China in Mongolia.
SBI in Nepal launches digital village
- State Bank of India has launched a digital village initiative in Nepal by installing a cash recycling centre.
- The cash counter enables the villagers to deposit and withdraw money through the automatic machine.
- Digital village initiative has been launched in Jarisingpouwa
- It was inaugurated jointly by Governor of Nepal Rastra Bank Chiranjibi Nepal & Chairwoman of SBI Arundhati Bhattacharya.
India new global growth pole
- According to a Harvard University research, India will be the base to the economic pole of global growth over the coming decade with a 7.7% growth rate annually.
- The study says India has made inroads in diversifying its export base to include more complex sectors like chemicals, vehicles and certain electronics.
- The study warns of a continued slowdown in global growth over the coming decade.
UNESCO omits Great Barrier Reef
- UNESCO has voted to leave Great Barrier Reef off its “in danger” list despite recent widespread destruction.
- Back-to-back coral bleaching events had intensified debate about whether UNESCO should change the status of Australia’s reef.
- The ruling was made at a World Heritage Committee meeting in Poland.
- It called on Australia to provide updates on its protection efforts by Dec 2019.
Nepal, China ink border security deal
- Nepal and China have signed an agreement to set up a border law enforcement centre to manage and curb border related crimes while respecting each other’s sovereignty.
- The aim of establishing the centre is to cooperate each other on the border security management and to curb border related crimes.
- Border b/w China and Nepal is 1,236 km in length, along the mountain range the Himalayas.
First Maize based Mega Food Park
- Harsimrat Kaur Badal, Union Minister of Food Processing Industry laid the foundation stone for 1st Maize based Mega Food Park in Kapurthala,Punjab.
- It is a major step for containing desertification problem of Punjab and would make farmers turn to maize cultivation which need less water for more production.
- It will provide employment to 5,000 persons & benefit about 25,000 farmers.
Front-runner in fighting climate change
- World Bank has said that India is emerging as a front runner in the global fight against climate change.
- India’s commitment to solar power, innovative solutions and energy efficiency initiatives to supply its people with 24×7 electricity by 2030 makes India a front runner.
- With 300 days of sunshine every year, India has among the best conditions in the world to capture and use solar energy.
Sudha bags gold in steeplechase
- India’s Sudha Singh has won gold in women’s 3000m steeplechase event on Day 3 of the Asian Athletics Championships at the Kalinga Stadium.
- She had held the national record in 3000m steeplechase for seven years, but could never make it to the top of podium in the Asian Championship.
- She clocked an impressive 9:59.47 to win Gold and qualify for the World Championship scheduled next month.
Oracle opens its first Digital Hub
- Oracle has launched its first Digital Hub in Asia Pacific region in Bengaluru.
- Hub would provide cloud computing technology & resources to small & medium businesses to empower them in their digital transformation.
- There will be 5 hubs across Asia Pacific, India is the 1st hub, other 4 hubs will come up in Sydney, Singapore, Seoul and Beijing.
- India is Oracle’s one of the top cloud markets.
India, Bangladesh to construct bridge
- India & Bangladesh have decided to construct a bridge over Mizoram’s Khawthlangtuipui river to facilitate trade & improve communication.
- The bridge has been proposed to be made as closer as possible to the nearest land custom station in Bangladesh side.
- It would not only improve road connectivity but also strengthen ties b/w people of the 2 countries living both sides of the borders.