Current Affairs – April 12, 2018

ISRO successfully launches navigation satellite IRNSS-1I to replace faulty IRNSS-1A

The successful launch of the PSLV-C41 rocket carrying India’s eighth navigation satellite IRNSS-1I from Sriharikota at 4.04am on 12th April brought the smile back on the faces of scientists of Indian Space Research Organisation (ISRO) amid tough time when the space agency is struggling to restore the snapped link with its recently launched communication satellite GSAT-6A. The textbook launch of PSLV-C41 took place in four stages and the total time taken for the rocket to put the satellite into the intended orbit was 19 minutes.
Navigation satellite IRNSS-1I has been launched to replace India’s first navigation satellite IRNSS-1A, whose three Europe imported Rubidium atomic clocks had stopped working two years ago. IRNSS-1I weighing 1,425kg and with a lifespan of 10 years has become the eighth satellite to join the constellation of navigation satellites called NavIC (Navigation with Indian Constellation) or popularly known as IRNSS or ‘desi’ GPS.

Prime Minister to inaugurate DefExpo 2018 in Chennai on April 12

The Prime Minister Shri Narendra Modi will visit Tamilnadu on April 12. He will inaugurate the 10th edition of Defence Expo, DefExpo-2018 in Chennai at Thiruvidanthai, in Kancheepuram district. The tagline of DefExpo this year is “‘India: The Emerging Defence Manufacturing Hub” to showcase India’s capability in the export of defence systems and components. More than 670 exhibitors including over 150 international exhibitors will take part in the DefExpo. MSME sector will have a fair representation this time around 15%.

India to grow at 7.3% in 2018-19, says Asian Development Bank

India’s economic growth is expected to rise to 7.3% in 2018-19 and further to 7.6% in the next financial year, the highest among Asian economies, on the back of goods and services tax (GST) and banking reforms, according to the Asian Development Bank (ADB). The Indian economy grew 6.6% in the last fiscal due to lingering effects of demonetization in 2016, businesses adjusting to goods and services tax (GST) in 2017, and a subdued agriculture. The country’s economic growth was 7.1% in 2016-17. With 7.3% growth projected for this fiscal, India would be reversing the two-year declining trend. “Despite the short-term costs, the benefits of reform such as the recently implemented GST will propel India’s future growth,” ADB Chief Economist Yasuyuki Sawada said.
ADB Headquarters: Manila, Philippines
President: Takehiko Nakao

Saudi Aramco signed a MoU to buy 50% in $44 billion Maharashtra refinery

Saudi Aramco will buy a 50% stake in a $44-billion refinery planned by a consortium of Indian state-run oil companies — a move that sharpens focus on the investment potential presented by the country’s growing appetite for energy, and locks in a key consumer for the world’s biggest oil producer. The two sides signed a MoU to this effect on 10th April on the sidelines of the 16th International Energy Forum ministerial round in the presence of oil minister Dharmendra Pradhan and his Saudi counterpart Khalid Al Falih. The deal is being backed by both the governments as they look to go beyond their traditional oil buyer-seller relationship.

First 3D-printed home is unveiled in France

Researchers have unveiled what they billed as the world’s first 3D printed house to serve as a home in the French city of Nantes, with the first tenants due to move in by June. Academics at the University of Nantes who led the project said it was the first house built in situ for human habitation using a robot 3Dprinter. The robot, known as BatiPrint3D, uses a special polymer material that should keep the building insulated effectively for a century. It took BatiPrint3D around 18 days to complete its part of the work on the house — creating hollow walls that were subsequently filled with concrete for insulation.

India at Gold Coast CWG 2018, Day 7: Medal Winners

Indian shooters enjoyed another fruitful day at the 21st Commonwealth Games as Shreyasi Singh won gold in the women’s double trap event while Ankur Mittal and Om Mitharwal took bronze in their respective men’s categories.
Here is the list of India’s results on Day 7:
Shooting (women’s double trap finals) – Shreyasi Singh – Gold
Shooting (men’s double trap finals) – Ankur Mittal – Bronze
Shooting (men’s 50m pistol finals) – Om Mitharval – Bronze

Cauvery turmoil forces BCCI to shift CSK home games to Pune

The Cauvery water dispute has forced the BCCI to shift Chennai Super Kings‘ remaining home games to Pune as the state administration expressed inability to ensure adequate security arrangements for the Indian Premier League (IPL) matches. “The matches had to be shifted out of Chennai as police had said that they were unable to provide security in the prevailing situation. CSK is not averse to shifting base to Pune,” IPL Chairman Rajiv Shukla said. There were already calls by various groups not to host cricket matches in Chennai when the state was facing such a grave situation.

Asia Cup shifted to UAE over India-Pakistan cricket row

Cricket’s Asia Cup has been moved from India to the United Arab Emirates over Pakistan’s refusal to cross the border, as relations simmer between the arch-rivals, the Asian Cricket Council said recently. The biennial event was due to be held in India in September, sparking protests from the Pakistan Cricket Board (PCB) who called for the event to be relocated. “This year’s Asia Cup is moved out of India to UAE and will be held from September 13-28,” Sultan Rana, the Asian Cricket Council (ACC) development and event manager, said.
India has suspended bilateral cricket ties with Pakistan since the 2008 attacks in Mumbai, which New Delhi blamed on militants based across the border. However, India has continued to square off with Pakistan in international events like the 2016 Asia Cup in Bangladesh, the World Twenty20 at home and the 2017 Champions Trophy in England.

Rajesh Ranjan takes over as CISF DG

Bihar-cadre IPS officer Rajesh Ranjan took over as the new Director General (DG) of the CISF, which guards a majority of the country’s civil airports and other vital installations. An official release said Ranjan, who was till now a Special DG in the Border Security Force, will hold the post till November 2020. The Appointments Committee of the Cabinet (ACC) had yesterday issued an order appointing the 1984-batch officer to the post that had been lying vacant for over two months after O P Singh was appointed the DGP of Uttar Pradesh.

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