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Sunday, May 8, 2016

Daily GK Updates - 7th May, 2016

NATIONAL UPDATES: 
1. President presents Gallantry Awards and Distinguished Service Decorations to Defence Personnel: Constable Gautam Koch of Assam Armed Branch who made supreme sacrifice fighting ULFA insurgents in Assam’s Difu was awarded Kirti Chakra posthumously. Naib Subedar Rajesh Kumar Singh who made supreme sacrifice while fighting terrorists in J&K was awarded Kirti Chakra posthumously.

2. 4th SAIEVAC Ministerial Meeting to be held in New Delhi: The eight nations composing the South Africa Initiative to End Violence Against Children, SAIEVAC are assembling in New Delhi next week for their 4th Ministerial Meeting.

3. Union Government approves proposal of Infosys to set up IT SEZ: The Union Government has approved the proposal of Infosys to set up an IT/ITeS special economic zone (SEZ) in Bengaluru in an area spread over 4 hectares.

4. Offshore patrol vessel IGCS Shourya launched: Goa Shipyard Limited (GSL) has launched Indian Coast Guard Ship (ICGS) Shaurya at Panaji.

5. Australian State of Victoria, Swinburne University signed two MoU with India to provide medical technology.

6. India and Japan to sign MoU for Cooperation in Sports: India and Japan has decided to exchange sports persons, coaches, experts and administrators to improve the standard of the game between both nations.

7. Facebook and NASSCOM sign MoU to Support Start-Ups: Facebook and the trade body of Indian IT firms ‘National Association of Software and Services Companies (NASSCOM)’ has signed an agreement to build a product design initiative to engage the country’s young entrepreneurs into becoming problem solvers and solution builders.

8. Flipkart to launch its own map services: The e-commerce giant Flipkart has partnered with a Bengaluru based social technology company ‘MapUnity’ to launch its map services.

9. Somnath Ghosh has been appointed as the next ambassador to Tajikistan.

INTERNATIONAL UPDATES:
1. Enda Kenny re-elected as Ireland’s Prime Minister: Mr Kenny is the first Fine Gael leader in history to secure two terms in power back to back. He secured the support of a diverse group of independents and managed to strike a deal with opposition party Fianna Fail.
2. Nepal recalls its Ambassador to India over charges of non-cooperation: It has recalled its Ambassador to India over charges of non-cooperation and indulging in anti-government activities.
3. Malaysia, Indonesia and Philippines to conduct joint water patrols to curb kidnappings: The three countries have agreed to conduct coordinated sea patrols and establish a hotline to combat piracy and kidnappings in waters bordering the three nations.
OTHER UPDATES:
FINANCE/BANKING:
1. Yes Bank gets SEBI nod to provide custodian services: It has received a ‘Custodian of Securities’ license from the markets regulator SEBI to allow the entity to offer custodial services to financial market participants, including FIIs and Foreign portfolio investors (FPIs).

SPORTS:
2. South African former cricketer Mickey Arthur appointed as Pakistan cricket team’s head coach.

3. Pakistan beat India at Asian Kabaddi Championships in Islamabad.

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