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Tuesday, July 4, 2017

Daily GK Updates - 3rd July, 2017

NATIONAL UPDATES:

1. GST to be positive for India says Moody’s Investor Service: According to the Moody's Investors Service, Implementation of the GST will be positive for India's rating as it will lead to higher GDP growth and increased tax revenues.GST is likely to contribute to productivity gains and higher GDP growth by improving the ease of doing business, unifying the national market and enhancing India's attractiveness as a foreign investment destination.Both will be positive for India's credit profile, which is constrained by a relatively low revenue base.

2. Govt. imposes 10% customs duty on imported mobile phones, parts: In order to boost domestic manufacturing, the Union Government has imposed basic customs duty on mobile phones and certain parts to 10%. Inputs and raw material to manufacture parts of specified electronics goods, including mobile phones will also continue to be exempt from basic customs duty. However, present exemption from basic customs duty on specified parts of mobiles will continue.

3. Arunachal Pradesh launches e-Inner Line Permit program: To assist visitors to apply for and obtain the mandatory ILP, Chief Minister Pema Khandu has launched a web portal ‘arunachalilp.com’. The e-Inner Line Permit (eILP) programme is a digital step for hassle-free entry of domestic visitors to the state.

4. Foundation stone of country’s biggest Global Skill Park laid in Bhopal: The foundation stone of the country’s biggest Global Skill Park in Bhopal  was laid today. The 37-acre land has been allotted in Narela Shankari area of Bhopal for the Global Skill Park.The park will be constructed at a cost of 645 crore rupees. Training will be imparted to 1000 students every year by trainers of international standard. The park will function on the spirit of With Industry -For Industry.

5. Madhya Pradesh sets record with plantation of over six crore saplings in a day: MP launched a massive plantation drive at Amarkantak of Anooppur district to save the environment and conservation of the Narmada river in Madhya Pradesh. Over six crore saplings were planted in twenty-four districts of Narmada basin in just 12 hours. Arrangements were made to record the whole event for the Guinness World Record.

6. Haryana CM launches immunization campaign from Gurugram: Haryana Chief Minister Manohar Lal has launched the immunization campaign from Gurugram by administering polio drops to the children of age 0-5 years. The Campaign is being carried out in 13 districts of the state.The 451 transit teams have been formed in each district of the state to achieve the target of covering all children in the slum areas and brick kilns.

International UPDATES:

1. WHO declares end of Ebola outbreak in Congo: The World Health Organisation has declared the end of the most recent outbreak of Ebola virus in the Democratic Republic of Congo (DRC).It was DRC’s eighth outbreak of EVD since the discovery of the virus in the country in 1976. It killed four of the eight people infected in the central African country.

OTHER UPDATES:

SPORTS:
1. Jeff Horn stuns Pacquiuao in WBO welterweight world title fight:  At Suncorp Stadium Jeff Horn has defeated legendary Manny Pacquiao by a unanimous decision in Brisbane, Australia.Horn put up an incredible performance to claim Pacquiao's WBO welterweight championship.

 2. Germany wins maiden Confederations Cup title 2017: Germany won the 2017 FIFA Confederations Cup by defeating Chile 1–0 in the final to win their first title at St Petersburg, Russia.Germany defeated Chile by a solitary goal, Lars Stindl put Germany ahead in the first half against the run of play, and Germany then held on to the lead. Germany has been a four time world cup winner. 

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