Here’s your daily summary of Current Affairs – September 12, 2018
Piyush Goyal launches web portal ‘Rail Sahyog’
Railway Minister Piyush Goyal on 11th September launched a web portal wherein private and public sector undertakings can contribute their corporate social responsibility (CSR) funds to develop amenities at railway stations. The companies wanting to contribute can register their requests on the portal — Rail Sahyog — and choose the amenity they want to promote. The railways have identified five activities in which such contributions will be allowed — toilets in circulating areas, providing free Wi-Fi with kiosks for e-services for citizens at stations, plastic bottle crushing machines, steel benches, and dustbins.
Iraq replaces Saudi Arabia as India’s Top Oil Supplier in August
Iraq replaced Saudi Arabia in August as the top oil supplier to India, data from industry and shipping sources showed, as refiners turned to Iraqi barrels to compensate for a lower intake of Iranian oil ahead of US sanctions in November. The United States is re-imposing sanctions on Iran following Washington’s decision in May to withdraw from a 2015 international deal aimed at curbing Tehran’s nuclear programme. While some sanctions were implemented from Aug. 6, those affecting Iran’s petroleum sector take effect only from November 4.
BEML launches India’s first 205-tonne dump truck
The country’s first 205T Electric Drive Rear Dump Truck (BH205-E) – designed and developed at the Mysuru plant of Bharat Earth Movers Limited (BEML) – was flagged off. A premier manufacturer of mining and construction equipment, BEML, a PSU under the Ministry of Defence, developed the gargantuan dump truck to reinforce the ‘Make in India’ initiative by addressing the growing demand for higher capacity equipment in the mining industry. The dump truck has been developed for use in the project of Northern Coalfields Limited (NCL), Singrauli.
BEML Headquarters: Bengaluru
Hyderabad set to open India’s First ever Dog Park
Hyderabad is all set to inaugurate the first dog park in the country near Radisson Hotel in Gachibowli. Located at a prime hub in the city, the park is spread across a sprawling area of 1.3 acres. It boasts of an exclusive play area for dogs, training and play equipment, an amphitheater, a separate enclosure for small and big dogs, and benches shaped like bones for the owners to relax. It is reportedly the first park in India to be developed to match international standards for pets and to be certified by the Kennel Club of India.
NITI Aayog, Intel and TIFR collaborate to set up a Model International Center for Transformative AI (ICTAI)
NITI Aayog, Intel, and Tata Institute of Fundamental Research (TIFR) announced on 7th September that they are collaborating to set up a Model International Center for Transformative Artificial Intelligence (ICTAI) towards developing and deploying AI-led application-based research projects. This initiative is part of NITI Aayog’s ‘National Strategy for Artificial Intelligence’ Discussion Paper that focuses on establishing ICTAI in the country through private sector collaboration.
Haryana signs MoU with Indian Oil for an ethanol plant
The Haryana government on September 10 signed a Memorandum of Understanding (MoU) with Indian Oil Corporation (IOC) to set up an ethanol plant in Panipat with an outlay of over Rs. 900 crores. The initiative at village Bohali with a proposed capacity of 100 kilolitres of ethanol per day will manage crop residue and prevent straw burning before the upcoming paddy season, an official release said.
Apsara – U Reactor Becomes Operational at Bhabha Atomic Research Centre, Trombay
“Research reactors are the backbone of Nuclear Programme,” said Dr. Homi J. Bhabha, the father of Indian Nuclear programme, in the early fifties. Subsequently “Apsara”, the first research reactor in Asia became operational in Trombay campus of Bhabha Atomic Research Centre in August 1956. After providing more than five decades of dedicated service to the researchers, the reactor was shut down in 2009.
International Day for South-South Cooperation: 12 September
South-South cooperation is a manifestation of solidarity among peoples and countries of the South that contributes to their national well-being, their national and collective self-reliance and the attainment of internationally agreed development goals, including the 2030 Agenda for Sustainable Development. The United Nations Day for South-South Cooperation celebrates the economic, social and political developments made in recent years by regions and countries in the south and highlights UN’s efforts to work on technical cooperation among developing countries.
India focus country in Izmir International Trade Show
The Trade Promotion Council of India (TPCI) led a75-member Indian delegation for the ongoing 87th Izmir International Trade Show in Turkey. The delegation had several B2B meetings and business tie-ups with members of the Turkish business community. India is the Focus Country in the trade show with a standalone pavilion named ‘Source India’. The India Pavilion is a multi-product pavilion, including companies displaying products like ceramics, cereals and mechanical appliances. The ‘Source India’ Pavilion was inaugurated by Sanjay Bhattacharyya, India’s Ambassador to Ankara, Turkey.
US capital under the state of emergency for Hurricane Florence
The US capital declared a state of emergency on 11th September as Hurricane Florence bears down on the US East Coast, threatening torrential rain and flooding in the Washington region. More than a million coastal residents have been ordered to leave their homes ahead of the storm’s projected arrival on Thursday, with emergencies already declared in the states of North and South Carolina, Virginia and Maryland.
Rishabh Pant becomes First Indian Wicketkeeper to score Ton in England
Rishabh Pant’s first Test hundred at the Oval helped him carve a place for himself in history on 11th September as he became the first Indian wicketkeeper to score a ton in England. Pant had got off the mark in Test cricket with a six in his debut Test at Trent Bridge and he reached the hundred at Oval in the similar fashion, with a slog-sweep off Adil Rashid. Kapil Dev, Irfan Pathan, and Harbhajan Singh are the other Indian players who have reached their first ton in Test cricket with a six.
James Anderson becomes most successful fast bowler in Test cricket
England fast bowler James Anderson on 11th September became the most prolific pacer in Test cricket after taking his 564th wicket. He achieved this feat in the fifth Test against India at The Oval. James Anderson surpassed previous record holder and Australian great Glenn McGrath who had 563 wickets to his name.
Learn Two a Day:
Hot money: It refers to funds that are controlled by investors who actively seek short-term returns.
Token money: It refers to money where the face value of notes or coins is unrelated to the value of the material of which they are composed.