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Wednesday, November 18, 2015

Daily GK Updates - 17th November, 2015

NATIONAL UPDATES:
1. Governing Council of National Investment and Infrastructure Fund (NIIF) constituted under the chairmanship of Finance Minister: The GC will be chaired by the Union Minister and the members included Secretary: DEA, Secretary: Financial Services, Arundhati Bhattacharya, Hemendra Kothari, T V Mohandas Pai.

2. AMRUT Action Plans for 81 cities approved with total project outlay of 5748 crore rupees: The 81 cities are in 5 states viz. Tamil Nadu, Madhya Pradesh, Jharkhand, Odisha and Mizoram.

3. Standard Chartered names Zarin Daruwala as new India CEO.

4. Global Cancer Summit on Nov 18-20: Global Cancer Summit, a three-day programme focussed on understanding and suggesting strategies to tackle cancer, will be organised from November 18-20 at the Indian Institute of Science.

5. Axis Mutual Fund launches Children’s Gift Fund: Axis Mutual Fund announced its new fund offer, the Children’s Gift Fund. This is Axis’ first goal-based investment option, the MF house said. Investments can only be made for a minor, represented by a parent or guardian.

6. World Bank, Andhra Pradesh ink $75 million credit deal for rural project: The project seeks to enhance agricultural incomes of small and marginal farmers and ensure increased access to services related to health, nutrition, sanitation and social entitlements.

7. Competition Commission of India (CCI) slaps Rs 258 cr penalty on Jet Airways, IndiGo and SpiceJet.

8. Andhra Pradesh Government decided to waive off 110 crore loans of over 25000 weavers.

9. Foundation stone of first Mega Food Park of Telangana laid: Union Minister of Food Processing Industries Harsimrat Kaur Badal laid the foundation stone of the first Mega Food Park in Telangana.

  
INTERNATIONAL UPDATES:
1. Marriott International to acquire Starwood Hotels and Resorts worldwide: With this, Marriott International is set to become world’s largest hotel company. The all-cash deal is valued at 12.2 billion US dollars.
2. India, China agreed to deepen defence ties, maintain peace at LAC: Both the countries decided to deepen bilateral defence ties and maintain peace and tranquillity at the Line of Actual Control (LAC).
3. India and Bangladesh agreed to share Militant Information: Both the countries agreed to share information on militants as home secretaries of the two neighbours concluded their talks here reviewing internal security and other cross-border issues.
4. 2015 G20 Summit held in Antalya, Turkey: It was the 10th summit since the inception of G20 in 1999. The focus of the summit was to evolve strategies to ensure inclusive and robust growth through collective action.

OTHER UPDATES:
SPORTS:
1. FIFA banned Nepal football Chief Ganesh Thapa for 10 years for corruption.

2. Siril Verma clinched silver at World Junior Badminton Championships held at Lima, Peru.

3. Australian Cricketer Mitchell Johnson retires from International cricket.

4. Czech Republic defeated Russia to retain Fed Cup: The victory marked a fourth Fed Cup success for the Czech Republic in five years.

OBITUARIES:
5. VHP leader Ashok Singhal died at the age of 89.

6. Former RAW chief Shankaran Nair passed away at the age of 94.

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