Current Affairs Update 8 June 2017

CURRENT AFFAIRS FOR COMPETITIVE EXAMS

This Current Affairs update is comprised of all important headings for our upcoming exams.In this update we will provide it in a short heading with concise elaboration for each and every topic, like National News,Financial News, Appointments, Sports News, Obituaries etc.If any important static takeaways are there we will provide with each headings.

The Karnatka state assemble passed a bill and legalize the bull taming sports 'Kambala'

• Bowing to public pressure, a bill to legalise traditional buffalo race “Kambala” and bullock cart races in Karnataka was passed by the state Assembly today with all parties backing the move.
• The Prevention of Cruelty to Animals Act, 1960, was amended in its application to Karnataka by the bill which was tabled after the clamour for Kambala grew, spurred by the success of pro-jallikattu (taming of bull) stir in Tamil Nadu.
• Piloting the Bill, Animal Husbandry Minister A Manju said Kambala was a traditional folk sport and involved no cruelty to animals and it was a “popular will” that it be allowed.
• A committee headed by Law Minister T B Jayachandra had recommended that Kambala, as also bullock cart race, be permitted as no betting or cruelty to animals was involved and it related to agriculture and farmers’ beliefs, Manju said.

Market regulator SEBI gets nod from Union Government to sign two MoUs with market regulators of Iran and European Union. 

• The Union Cabinet on Wednesday gave its nod for SEBI to enter into two separate memoranda of understanding (MoU) with securities market regulators of the European Union and Iran.
• These MoUs are expected to strengthen cooperation between India and the respective countries on matters pertaining to securities market.

The Union cabinet has approved the proposed MoU between EXIM Bank of India and KEXIM Bank of South Korea.

• The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved the proposed Memorandum of Understanding (MoU) between Export-Import Bank of India (EXIM Bank) and Export-Import Bank of Korea (KEXIM) for export credit of USD 9 billion for infrastructural development in India and for the supply of goods and services as part of projects in third countries.
• The MoU is proposed to be signed between the two banks during the forthcoming visit of the Finance Minister Shri Arun Jaitley, to Seoul, Korea during 14-15 June 2017 for the Annual Financial Bilateral Dialogue. The decision is expected to promote the country's international exports, and deepen political and financial ties between India and Korea. The export credit will be utilized through lending by EXIM Bank for promoting projects for priority sectors, including smart cities, railways, power generation and transmission etc., in India and for the supply of goods and services from India and Korea as part of projects in third countries.

Chief Election Commissioner Nasim Zaidi announced the Presidential Election date on 17th July. 

• The process for electing the 15th President of India will begin on June 14 with the Election Commission issuing the notification for the polls.
• Chief Election Commissioner Nasim Zaidi told the media on Wednesday that Presidential elections will take place on July 17.
• The Commission has set June 28 as the last date for filing nominations, while July 1 will be the last date for their withdrawal.
• Polling will take place in Parliament House and in the Assemblies of the States. Counting of votes will take place in Delhi, the CEC said.

World Ocean day is celebrated across the Globe on 8th June

• World Ocean Day is a global day of ocean celebration and collaboration for a better future.The overall theme for the 'World Ocean day 2017' is 'Our Oceans,Our future'.

Health Secretary inaugurates Vatsalya Maatri Amrit Kosh, a National Human Milk Bank and Lactation Counselling Centre.

• Shri C K Mishra, Secretary (Health and Family Welfare) inaugurated the Vatsalya Maatri Amrit Kosh, a National Human Milk Bank and Lactation Counselling Centre at the Lady Hardinge Medical College (LHMC), here today. Speaking on the occasion, Shri C K Mishra congratulated the LHMC, Delhi for this initiative and said that this would be the largest human milk bank and lactation counselling centre available under the public sector in North India. The Health Secretary further added that it is envisaged that with this donor human milk bank, all newborns in and around Delhi will have access to life saving human milk regardless of the circumstances of their birth. Mr Nils Ragnar Kamsvag, Ambassador of Norway to India, was also present at the occasion. Vatsalya Maatri Amrit Kosh" is established in collaboration with the Norwegian government, Oslo University and Norway India Partnership Initiative (NIPI). 

PM leaves for Kazakhstan to attend SCO summit

• Prime Minister Narendra Modi today left for Kazakhstan, where he will attend the summit of the Shanghai Cooperation Organisation (SCO), and meet some foreign leaders, including Chinese President Xi Jinping.
• At the summit in Astana, India and Pakistan will become full members of the grouping, which at present comprises China, Russia, Kazakhstan, Kyrgyzstan, Uzbekistan and Tajikistan.

Union Minister Rajnath Singh has inaugurated conference on Disaster Management

• Home Minister Rajnath Singh will inaugurate a two-day national level conference on "Capacity Building of SDRF-2017".
• The conference, organised by the National Disaster Response Force (NDRF), would hold discussions to develop a synergy and to highlight the way ahead to strengthen the response capabilities of State Disaster Response Forces (SDRF).

The State government of Kerala has implemented 'Green Protocol' for weddings

• Wedding ceremonies in Kerala are all set to become ‘green’, with the state government coming out with a green protocol to make auspicious occasions more nature-friendly.
• With the implementation of the protocol, plastic and other non-biodegradable articles including disposable glasses and plates and thermocol decorations will be kept at bay from marriage functions.
• Instead of this, people would be persuaded to use tumblers, plates and other utensils made of glass and environment-friendly metals, officials sources here said.

K G Karmakar, Gauri Shankar appointed as the directors of India Postal Payment Bank

• K G Karmakar and Gauri Shankar were today appointed as Independent Directors of India Post Payments Bank (IPPB). 
• The Appointments Committee of the Cabinet has approved their appointment to the post on the board of directors of the bank for a period of three years, an order issued by Department of Personnel and Training (DoPT) said, without giving any detail of these two persons.
• The IPPB has been incorporated as a public sector bank under the Department of Posts with 100 per cent equity of the government of India.

Source: The Hindu, The Hindu Business Line,Business Standards etc.