Daily GK Updates - 5th August, 2017

NATIONAL UPDATES:

1. Mughalsarai to be renamed after Pt. Deen Dayal Upadhyay: The place where Pt. Deen Dayal died, the Mughalsarai junction, is to be renamed after him. The station, located in UP, is on is located on the main Howrah-Delhi Grand Chord line.

2. Delhi Police ties up with Uber for quick access to “Himmat”: Uber is collaborating with Delhi Police to allow quick access to Himmat, a women safety mobile app, through the rider app. This is Delhi Police’s first partnership with a technology company to intensify its focus on safety of women in the city.

3. Actor Sharada selected for the prestigious Prem Nazir award: National award winner Uravasi Sharada has been selected for this year’s Prem Nazir Award. Apart from the National Awards, she has been bestowed with several prestigious awards such as the Kerala State Film Awards, Filmfare Awards South, and Nandi Award.

4. $329 million loan pact with AIIB: India has signed a loan agreement with Asian Infrastructure Investment Bank (AIIB) for financing of $329 million for Gujarat Rural Roads Project. This will connecting the rural areas of Gujarat with better road connectivity.

5. Assam to distribute 13 lakh Soil Health Cards among farmers: Atul Bora, the Agriculture Minister of the State said that already more than 1 lakh 41 thousand cards have been distributed and the remaining are being distributed aggressively. The soil cards are given after testing the type of soil and nutrient quality. Through the soil cards instructions are given as to which part of the farm or field need which micro-nutrient because of deficiencies.

INTERNATIONAL UPDATES:

1. US Army orders to stop the use of Chinese-made drones: US Army has ordered its members to stop using drones made by Chinese manufacturer SZ DJI Technology because of “cyber vulnerabilities” in the products.

2. JK Rowling is the World’s highest earning author: Harry Potter creator JK Rowling has been named the world’s most highly-paid author by Forbes with earnings of $95m this year.

OTHER UPDATES:

BUSINESS & ECONOMY:

1. Indian Oil Corp (IOC) to buy 50% in GSPL: Board of Indian Oil Corporation has given its in-principle approval for acquiring up to 50% equity in GSPL LNG terminal in Gujarat for an estimated Rs 750 cr. GSPL is a joint venture between GSPC and Adani.

2. Canara Bank hits overseas bond market: Canara Bank has hit the international bond market with a USD 400-million issue as part of its USD 2-billion medium term note programme. The lender is likely to raise USD 400 million through bond sale issue, which will be drawn through its London branch and will be listed on the Singapore Stock Exchange.

3. Indusind crosses 1 trillion market capitalization, 6th Indian bank to do so: IndusInd Bank has become the 6th listed Indian bank to join club of lenders that have seen their market capitalisation soar past Rs1 trillion mark. HDFC, ICICI, SBI, Kotak and Axis are other bank that have market capitalisation over 1 trillion mark.

  

SPORTS:

4. Jadeja becomes the second fastest Indian to reach the 150 wicket mark: Ravindra Jadeja has become the 2nd fastest Indian to reach 150 Test wickets, behind teammate Ravichandran Ashwin. Ashwin had reached the milestone in 29 Tests while Jadeja managed it in 32 games.