Current Affairs Update 10 and 11 July 2017

DAILY CURRENT AFFAIRS UPDATE

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First edition of WINGS 2017 is hosted in New Delhi.

• The First edition of WINGS 2017 – “Sab Uden, Sab Juden”- Expanding Regional Connectivity was hosted in New Delhi by the Ministry of Civil Aviation. The Plenary session was chaired by the Union Minister of Civil Aviation, Shri P. Ashok Gajapathi Raju and the Union Minister of State for Civil Aviation, Shri Jayant Sinha was also present on this occasion. 
• The event saw participation from 28 States and Union Territories and out of this 19 states and Union Territory made presentation emphasizing the incentives or special packages to the airlines other than the support offered by Government of India under RCS- UDAN. 

The National Security Guard has organised first International Aviation Security seminar in Haryana.

• National Security Guard (NSG) has organised the seminar, with the aim of bringing all major stakeholders under one roof and facilitate them sharing views/opinion, discussions, brain storming with the matters concerning Aviation Security. 
• Prominent personalities/speakers from various organizations/aviation sector delivered lectures and shared valuable views on the matter of aviation security. Weapons and equipment were also displayed showcasing the current weapons and systems used by the forces and cutting edge systems considered for future planning.

Nepal SBI launches first paperless banking services.

• Nepal SBI Bank, a subsidiary of the State Bank of India, today launched its fully automatic digital banking services’SBIintouch’in the Nepalese capital Kathmandu.
• This is for the first time the State Bank of India has expanded the paperless banking system outside India.
• Digital banking provides various services including cash deposit, opening of new accounts, distribution of debit card, ATM and online banking information on touch of the screen.

GMR Goa International Airport Limited gets Rs. 1,330 Cr loan from Axis Bank for developing Mopa Airport.

• GMR Goa International Airports Ltd, a subsidiary of GMR Airports Ltd, has executed a debt facility agreement for the development of Greenfield airport at Mopa.
• The GMR arm had won the bid to develop and operate the Greenfield airport at Mopa in North Goa last year and the concession agreement was signed on November 8, 2016. The foundation stone for the project was subsequently laid by the Prime Minister, Narendra Modi, on November 13, 2016.

India is going to import crude oil from United States for the first time.

• India, the world's third-largest oil importer, will import crude oil from the United States for the first time after Indian Oil Corp bought a cargo that will be delivered in October. The purchase comes after Prime Minister Narendra Modi's visit to the US in June when President Donald Trump said his country looked forward to exporting more energy products to India.
• IOC bought 1.6 million barrels of US Mars crude, a heavy, high-sulphur grade, and 400,000 barrels of Western Canadian Select that will be delivered onboard a Very Large Crude Carrier.

John Joseph has been appointed as the Director General of GST intelligence agency.

• A key intelligence agency tasked with checking evasion of Goods and Services Tax (GST) has got its new chief.
• Senior bureaucrat John Joseph has been appointed Director General of Goods and Services Tax Intelligence (DG GSTI),
• The DG GSTI is the new name given to the Directorate General of Central Excise Intelligence (DGCEI), mandated to check service tax and central excise duty evasion.

Danfoss India has been conferred with Golden Peacock environment management award.

• Climate and energy efficiency solutions company Danfoss India has been conferred with the ‘Golden Peacock Award’ for Environment Management.
• The award was presented here during the 19th World Congress on Environment Management’ in the presence of Supreme Court Justice Kurien Joseph.
• Acknowledging its commitment towards the environment, the company has been recognised for its LEED Platinum rated constructed manufacturing facility in Chennai.
• Danfoss’s commitment towards sustainable development via its energy-efficient products, green initiatives at the Oragadam campus and its ongoing pan India CSR Programmes driving Sustainabi lity are some the key contributing factors for the award.

Valtteri Bottas from Mercedes wins Australian Grand Prix.

• Valtteri Bottas dominated the Austrian Grand Prix to take his second victory of the year ahead of Sebastian Vettel as Lewis Hamilton recovered to fourth.
• Hamilton started eighth after a poor qualifying performance and a five-place grid penalty, and is 20 points behind Ferrari driver Vettel in the championship.

Harinder Pal Sandhu wins eighth career title by winning South Australian Squash Championship 2017.

• India's Harinder Pal Sandhu beat Rhys Dowling of Australia 11-8 12-10 11-4 in the final to lift South Australian Open squash title.
• It was Sandhu's eighth title at the PSA level and the third this season after winning two in Malaysia in the month of May. He had reached the quarterfinals of the Asian Individual Squash Championship in Chennai in April.

For the first time in the history India topped the medal tally in Asian Athletics Championship History.

• In a stunning show of dominance, India clinched five gold to top the medal tally for first time in the history of Asian Athletics Championships, pushing China to second spot, in their most successful campaign in the continental flagship event.

Atthaya Thitikul, 14, becomes youngest ever winner of professional event.

• Fourteen-year-old amateur Atthaya Thitikul has become the youngest known winner of a professional golf tour event with victory at the Ladies European Thailand Championship.