Friday, January 17, 2014

16 January 2014 Daily Current Affairs Updates

1) Republic Day parade telecast to have sign language interpreter: The Ministry of Information & Broadcasting has directed Prasar Bharati to have a sign language interpreter during the telecast of the Republic Day ceremony. Prasar Bharati will have an inset box on TV screens for a sign language expert to give the hearing-impaired access to the parade proceedings. This will be available on three of its all-India channels as well as DD Urdu, DD Bharati and DD News. The move comes after the I&B Minister Manish Tewari received a representation from the National Association of the Deaf.

2) Yahoo CFO to quit job: Henrique de Castro, the chief operating officer of Yahoo, will leave the company on Thursday, Yahoo announced on Wednesday in a report to the US Securities and Exchange Commission. No reason was given for his the abrupt departure of de Castro, one of Yahoo chief executive Marissa Mayer’s top managers. He was responsible for managing Yahoo’s sales, operations, media and business development worldwide.

3) Arunachal Pradesh witnessed the first trial run of rail engine: Arunachal Pradesh witnessed the first trial run of a rail engine on 15 January 2014. The first trial run was of 20-km from Harmutty in Lakhimpur district of Assam to the Arunachal Pradesh capital Itanagar.

4) India planning Agni-4 missile test next week: India is planning to carry out a development trial of the 4,000 km-range nuclear weapon capable Agni-4 missile off the coast of Odisha next week. This would be the third test-firing of the missile, which has the second-largest striking range in country's weapon arsenal. The third test-firing of the Agni-4 missile is planned to be carried out early next week off the coast of Odisha, DRDO officials said.

5) Bharti Airtel likely to buy Loop Mobile:  Bharti Airtel is in talks to buy out Mumbai-based Loop Mobile in a deal that will give the telecom major about three million customers. Loop, which owns a mobile telephony licence for the Mumbai circle, is in negotiations with Airtel and other telecom firms to sell its business in a Rs 750 crore deal.

6) Bharatiya Mahila Bank (BMB) ties up with SBI Cards: Bharatiya Mahila Bank (BMB) and SBI Cards have joined hands for roll-out of credit cards to customers of India’s first women-focused commercial bank. This will be the first instance of a public sector bank promoting a white-label credit card issued by SBI Cards.

7) Spain No. 1 in unchanged top 25 in FIFA rankings: World and European champion Spain remains No. 1 in an unchanged top 25 in the FIFA world rankings after a month in which only 18 international friendlies were played.

8) Mobile phone malware `Cabir’ turns 10: 2014 marks the 10th anniversary of Cabir, the world’s first mobile phone malware. From Cabir to FakeDefend, the last decade has seen the number of mobile malware explode. Mobile malware incidentally has followed the same evolution as PC malware, but at a much faster pace.

9) Jet Airways CEO resigned: Jet Airways (India) Ltd.’s CEO Garry Kenneth Toomey, who joined the airline barely seven months ago, has resigned. Mr. Toomey’s resignation is effective immediately, the airline said on Thursday, without giving any details regarding the circumstances of his resignation.

10) Samsung unveils 7-inch Galaxy Tab 3 Lite:  Samsung has officially announced its new budget tablet, Galaxy Tab 3 Lite (7"). Galaxy Tab 3 Lite (7") tablet sports a 7-inch display with a resolution of 1024x600p. It is powered by a 1.2 GHz dual-core processor and packs 1GB of RAM. The tablet measures 193x117x9.7mm and weighs 310gm. The tablet comes with 8GB internal storage expandable via microSD card, and sports a 2MP rear camera. It doesn't feature a front facing camera.

11) RBI fines two co-op banks: The Reserve Bank of India has imposed penalties of Rs 5 lakh and Rs 2 lakh on Rajkot Nagarik Sahakari Bank, and The Gandhidham Mercantile Co-operative Bank, respectively. In a statement, the RBI said, the Rajkot Nagarik Sahakari Bank has been penalised for violations relating to income recognition and asset classification norms, non-compliance with the instructions in respect of issuance of demand draft/postal order against cash, non-adherence to Know-Your-Customer norms and persistence of certain deficiencies pointed out in earlier inspection reports.

12) Obama declared 2014 as year of action: US President Barack Obama has declared 2014 as a year of action to accomplish his key administrative goals and said that he would continue to use his executive authority — his pen and phone — to get things done.


13) Posco steel plant to be operational in few weeks: Prime Minster- The much-delayed $ 12 billion Posco steel project in Odisha is set to be operational in the next few weeks and granting of mining concession to the South Korean firm was in an advanced stage of processing, Prime Minister Manmohan Singh said on Thursday.

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