Daily Current Affairs 04th March 2017 with FREE PDF

Daily Current Affairs Updates 04th March 2017 with FREE PDF

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We bring you the Latest  Gk, Daily Current Affairs Updates 04th March 2017 with FREE PDF in both (English & Hindi), which will update with you latest headlines, news from various categories i.e: national news, sports, business, Awards & recognitions. It will help you in preparation of competitive exams like: SSC, SBI, IBPS PO, Clerk, Railways & Various other Entrance examinations.

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National News

Railways launch Roll-on Roll-off service for trucks in Delhi

Railways on Thursday launched Roll-on Roll-off (RO-RO) service from Gurugram to carry loaded trucks on wagons to decongest roads in the national capital region. 
●    About 30 loaded trucks were transported on the flat wagons from Garhi Harsuru station in Gurugram for Muradnagar in Uttar Pradesh.
●    RO-RO service aims to reduce carbon emission and congestion on the roads of the national capital region (NCR) as about 66,000 diesel-guzzling trucks pass through Delhi and its adjoining areas in a day.
●    According to railways, there are about 20,000 trucks which are not meant for the NCR, but enter the region to travel further. 
●    There are eight entry/exit routes in the NCR which will be utilised for RO-RO service to take trucks off the road.
●    It is a win-win situation for truckers as well as for railways as goods will be transported in safe and faster way, saving cost on diesel and man-days besides reducing the pollution level, he said.

National News

PepsiCo CEO Indra Nooyi Meets PM Modi

PepsiCo Chairman and CEO Indra Nooyi on Thursday shared with Prime Minister Narendra Modi the company’s various initiatives, such as its investments on locally sourced juice innovations and products inspired by India’s traditional recipes.
●    In a statement issued after her meeting with the Prime Minister, Nooyi said: “As I shared with Prime Minister Modi, PepsiCo is well-positioned to help the government deliver on the national development goals he has outlined for farmers and supporting their livelihoods. The Prime Minister and I had an engaging dialogue on how PepsiCo is making investments to grow, process and use more Indian-grown fruit juice in our sparkling beverages.
●    Last year, Modi had asked aerated drink-makers to focus on blending natural fruit juices in fizzy drinks to help augment fruit sales for farmers. 
●    Earlier this week, the company expressed its intent to create an integrated citrus cluster in Maharashtra after it has established a citrus processing facility in Nanded.
●    On Thursday, she also tweeted about her meeting with Minister of Commerce and Industry Nirmala Sitharaman to discuss the Indian business environment and future opportunities.
●    On 21 February 2017, the Ministry of Defence gave its in-principle approval to set up 38 radar stations to boost surveillance of the country’s 7,517 km long coastline.

Science & Technology

 'Supersolids' Confirmed as New State of Matter

An international team of scientists has announced the discovery of a new state of matter in a material that appears to be an insulator, superconductor, metal and magnet all rolled into one, saying that it could lead to the development of more effective high-temperature superconductors.
●    If these properties are confirmed, this new state of matter will allow scientists to better understand why some materials have the potential to achieve superconductivity at a relativity high critical temperature(Tc) - "high" as in −135 °C as opposed to −243.2 °C. 
●    Because superconductivity allows a material to conduct electricity without resistance, which means no heat, sound, or any other form of energy release, achieving this would revolutionise how we use and produce energy, but it’s only feasible if we can achieve it at so-called high temperatures.
●    When put through an array of tests, this structure displayed a combination of insulating, superconducting, metallic, and magnetic phases, including a brand new one, which the researchers have named 'Jahn-Teller metals'. 

Business

Snapchat Raises $ 5.3 Billion Each

Snapchat, the disappearing message service with big media ambitions, has finished raising $1.8 billion, according to a Wednesday filing with the Securities and Exchange Commission.
●    While most start-ups raise money by putting together a group of investors who buy a specified amount of stock at a particular time, Snapchat collected the capital over more than a year. 
●    Snapchat, based in Los Angeles, said in the filing that it began raising the latest round on Feb. 17, 2015.
●    Over the last year, new investors, including General Atlantic, Sequoia Capital, T. Rowe Price and the hedge fund Lone Pine, have bought stakes in Snapchat, according to people who spoke on the condition of anonymity because the talks were private. 
●    As a private company, Snapchat is not required to disclose the identities of investors or its valuation. 
●    A representative for Snapchat declined to comment on the funding. The start-up’s previous investors include Fidelity Investments and Coatue. 

Persons

Richard Branson Launches New Space Company 'Virgin Orbit'

Virgin Group’s commercial space venture, Galactic Ventures, has spun off one of its projects into a new company called Virgin Orbit and it could end up being its most lucrative.
●    Virgin Orbit will focus on launching small satellites into space using its LauncherOne orbital launch vehicle. 
●    This vehicle is essentially a 747-400 airplane designed to hold a rocket under its wing. 
●    Once the aircraft reaches a certain altitude, the rocket would be fired off into space to deliver small satellites for companies that want to take images of Earth, providing Internet and other communications services.
●    This new company reflects two trends: the development of mini-satellites and the growing demand by companies to gain access to space in a more cost-effective way.
●    Richard Branson, the billionaire entrepreneur who founded Virgin and has been the driving force in launching its space tourism company, said that Launcher One was created with the same philosophy as Space Ship Two.

National News

 Ravi Shankar Prasad Inaugurates ‘Training of Self-Organized Small & Medium Traders on Digital Payment Initiatives’

The Union Minister of Electronics & Information Technology and law & Justice, Shri Ravi Shankar Prasad today called for a national movement to make digital transaction a way of life for all sections of the society. 
●    The objective of these training programmes is to understand and adopt simplified digital payment mechanisms like UPI, USSD, BBPS, AEPS etc. in a convenient manner, which would contribute towards establishing digital economy and convey the benefits of digital payments to traders through capacity building programs. 
●    About 13500 small and medium unorganized / self organized businesses/ traders are targeted. The Confederation of All India Traders (CAIT) shall be mobilizing traders and trade union leaders for training on digital payment initiatives. 
●    Under this programme, NIELIT shall be organizing 5 Regional Workshops at Delhi, Jaipur, Kolkata, Mumbai, Chennai and 30 State Workshops and 100 Digi Dhan Camps, all over India.

National News

President of India Inaugurates the Centenary Celebrations of Women’s Indian Association

The President of India, Shri Pranab Mukherjee inaugurated the Centenary Celebrations of Women’s Indian Association today (March 3, 2017) at Adyar, Chennai. 
●    Speaking on the occasion, the President said that no society can call itself civilized if it does not accord due value to its women and female children and guarantee their safety and security. 
●    Government schemes and programmes to promote gender justice can never succeed unless a deep commitment to basic human values is built into our very consciousness. Violence against women reflects violence in the hearts and minds of those that perpetrate these acts. 
●    The President remembered Dr. Annie Besant and Smt. Sarojini Naidu who had played a leading role in the foundation of the Indian Women’s Association. 
●    He said that role of Women’s Indian Association in the enactment and implementation of the Child Marriage Restraint Act - for raising the minimum age for marriage of women and the Sarada Bill - for abolishing the

National News

Devadasi system is well recognised.  

Work on Shahpur Kandi Dam to Resume Soon Punjab and J&K sign agreement to this effect

In a major step today towards utilization of India’s rights on Eastern rivers of Indus basin, the  mediation efforts of Ministry of Water Resources , RD&GR persuaded the States of J&K and Punjab to reach an agreement to resume works on Shahpur Kandi Dam project in Pujab/ J&K. 
●    The agreement to this effect was signed by Shri KS Pannu,Secretary     (Irrigation),Punjab and Shri Saurabh Bhagat, Secretary ( Irrigation),J&K in the presence of Union Water Resources Secretary Dr.Amarjit singh in New Delhi last evening.
●    The project was being built with an estimated cost of Rs. 2285.81 crore (April, 2008 price level) and is included in the Scheme of National Projects by Government of India. 
●    Under the scheme, MoWR,RD&GR provides central assistance @ 90% of the balance cost of works component of irrigation and water supply. 
●    The construction of Shahpur Kandi project was taken up in May 1999 but later halted in 2014 due to dispute between Punjab and J&K. 
●    The Ministry of WR,RD&GR had been making all out efforts to resolve the issues and resume construction which resulted in yesterday’s agreement.

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