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Thursday, July 14, 2016

Daily GK Updates - 13th July, 2016

NATIONAL UPDATES:
1. INS Karna commissioned by Indian Navy: Indian Navy has commissioned INS Karna, an independent base of Marine Commandos (MARCOS) at Bheemunipatanam Naval Base, Visakhapatnam, Andhra Pradesh. It was commissioned by Chief of Naval Staff Admiral Sunil Lanba at the commissioning ceremony held at Bheemunipatanam Naval Base.

2. NajmaHeptulla and G M Siddeswara quit Modi cabinet: Union ministers NajmaHeptulla and GM Siddeshwara resigned.Dr Heptulla, the Minority Affairs Minister, was replaced by Minister of State Mukhtar Abbas Naqvi, who has been given independent charge. The portfolio held by Mr.Siddeshwara - junior minister for Heavy Industries - will be taken over by Babul Supriyo, who was the junior minister for Urban Development.

3. Bangladesh and India sign Rampal Power Plant construction agreement: Bangladesh and India have signed a landmark deal for the construction of a 1,320-megawatt coal-fired power plant, the biggest project under bilateral cooperation that would mark the transition from electricity export to generation level.

4. Pokhra-New Delhi direct bus service launched: The first direct bus service between Pokhara (Nepal) and New Delhi (India) was launched to connect South Asia’s two important cities. This bus service was flagged off by Nepal Home Minister Shakti BahadurBasnet and India’s ambassador to Nepal Ranjit Rae from Pokhara (Nepal’s famous tourist spot).

5. K V R Murthy appointed as the new CMD of Jute Corporation of India Ltd.

6. SRK, Akshay Kumar join Taylor Swift in Forbes highest paid celebrity list:Bollywood stars Shahrukh Khan and Akshay Kumar were the only Indian celebrities to make way for the Forbes list of world’s highest paid celebrity. Musician Taylor Swift with $170 million in her earning bag seized the top spot on the list. Football star Cristiano Ronaldo sparked in the Forbes list after claiming Euro cup title for Portugal under his captainship and got 5th rank in the list with earnings of 88 Million dollars.

7. IDFC Bank acquires GramaVidiyal: IDFC Bank has announced it had acquired Tamil Nadu-headquartered microfinance institution GramaVidiyal in an all-cash deal.

8. Cabinet approves stake sale in NBCC India: The Centre has cleared a proposal to sell its stake in state-owned construction company NBCC India with an aim to meet the Rs. 56,500-crore PSU disinvestment target in 2016-17.


OTHER UPDATES:
FINANCE/BANKING:                                 
1. SBI signs MoU with IIT Bombay to promote start-ups: India’s top public sector bank, State Bank of India (SBI), has signed a memorandum of understanding (MoU) with the Indian Institute of Technology Society for Innovation and Entrepreneurship (SINE), (IIT) Bombay’s technology business incubator, to promote innovation by start-ups in the financial sector.

2. HDFC Bank to sell Masala Bonds: Housing Development Finance Corp (HDFC) is set to become the first Indian company to sell masala bonds, a rupee-denominated bond sold to foreign investors and listed on an overseas exchange.

SPORTS:
3. ICC has released Test, ODI and T20I Rankings: The International Cricket Council (ICC) has released the official ICC men’s Team Rankings from Test, One Day International (ODI) and T20I cricket.India held the second position in the latest ICC Test rankings with 112 rating points followed by Pakistan and England. Australia leads the Test rankings with 118 rating.Top 3 teams in ICC ODI Rankings: 1. Australia 2. New Zealand 3. India, Top 3 teams in ICC T20 Rankings: 1. New Zealand 2. India 3. West Indies.

OBITUARIES:

4. William H McNeill, the prize-winning world historian died at the age of 98.

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