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Important Current Affairs 14th September 2017

Important Current Affairs 14th September 2017

Current Affairs 14th September 2017: INTERNATIONAL RELATION

PM Modi and Japanese PM Abe lay foundation stone for India’s first High Speed Rail project

Prime Minister Narendra Modi and Japanese Prime Minister Shinzo Abe today jointly laid the foundation stone for India’s first high speed rail project between Mumbai and Ahmedabad. 
●    Speaking on the occasion, at a large public meeting in Ahmedabad, the Prime Minister spoke of the high ambition and willpower of “New India.” 
●    He congratulated the people of India on the occasion, and said that the bullet train project will provide speed and progress, and deliver results quickly. 
●    He said the Government’s focus is on increasing productivity through high speed connectivity. 
●    The Prime Minister thanked Japan for the technical and financial help given to India, for this project. 
●    He praised Prime Minister Abe for the fact that this project is being launched within such a short time. 

4 Japanese Industrial Townships will be setup

Japanese Prime Minister Shinzo Abe arrived in Ahmedabad on Wednesday.
●    Mr. Abe, who is accompanied by his wife Akie Abe is in Prime Minister Narendra Modi’s home State Gujarat to attend the 12th Indo-Japan Summit and to lay foundation for high-speed bullet trains.
●    Project of Varanasi Convention Centre is a symbol of cultural co-operation between Kyoto city of Japan and Varanasi. 
●    India and Japan are ancient civilisations and vibrant democracies. We know how to distribute the benefits to people, he says.
●    A series of administrative reforms have significantly improved the business sentiment in the country. 
●    Japan can benefit tremendously with the size and scale of our potential & skilled hands that India offers, says Mr. Modi.

Current Affairs 14th September 2017: NATIONAL NEWS

MOU between the Ministry of Corporate Affairs and Central Board of Direct Taxes (CBDT) for Automatic and Regular Exchange of Information

Taking forward the initiative launched by the Government of India to curb the menace of shell companies, money laundering and black money in the country and prevent misuse of corporate structure by shell companies for various illegal purposes, the Ministry of Corporate Affairs and Central Board of Direct Taxes (CBDT) have now concluded a formal Memorandum of Understanding (MoU) for data exchange, on 6th September, 2017.
●    The MoU will facilitate the sharing of data and information between CBDT and MCA on an automatic and regular basis. 
●    It will enable sharing of specific information such as Permanent Account Number (PAN) data in respect of corporates, Income Tax returns (ITRs) of corporates, financial statements filed with the Registrar by corporates, returns of allotment of shares, audit reports and statements of financial transactions (SFT) received from banks relating to corporates. 
●    The MoU will ensure that both MCA and CBDT have seamless PAN-CIN (Corporate Identity Number) and PAN-DIN (Director Identity Number) linkage for regulatory purposes. 
●    The information shared will pertain to both Indian corporates as well as foreign corporates operating in India. 
●    In addition to regular exchange of data, CBDT and MCA will also exchange with each other, on request, any information available in their respective databases, for the purpose of carrying out scrutiny, inspection, investigation and prosecution.

Defence Minister felicitates Cantonment Boards on ODF Certification as a part of Swachh Bharat Abhiyaan 

Defence Minister Smt Nirmala Sitharaman felicitated 10 Cantonment Boards of Central Command on their achievement of acquiring ‘Open Defecation Free (ODF)’ status, in a function organized at Banaras Hindu University (BHU), Varanasi (UP), today. 
●    Presidents, Chief Executive Officers (CEOs) and elected members of the Cantonment Boards were awarded the certificate by the Minister during the event.
●    Smt Sitharaman complimented the Cantonment Boards for their efforts in achieving the ODF target and urged the boards to sustain and further improve the facilities created and drives conducted by them, with more zeal and enthusiasm. 
●    She appreciated the efforts of children as Swachhata Doots- the cleanliness ambassadors. 
●    She said that this goodwill gesture will make the coming generations emphasize cleanliness in their lives.
●    The Defence Minister said that the Defence Ministry is working on Swachh Bharat Abhiyan in phases. 
●    The first phase includes the cleanliness drive of Cantonment Boards and the municipal wards nearby. 
●    This phase involves the recycling of wastes as well as segregation of solid and liquid wastes.

NGT refuses to lift ban on 10-year-old diesel vehicles in Delhi-NCR

The National Green Tribunal on Thursday dismissed the Union government’s plea asking for modification in its order banning 10-year-old diesel vehicles in Delhi-NCR.
●    The green court, which was hearing the petition as part of the Vardhaman Kaushik case, which deals with air pollution in the city, noted that emission from diesel vehicles is carcinogenic in nature and one diesel vehicle causes pollution equivalent to 24 petrol vehicles or otherwise 40 CNG vehicles.
●    A bench headed by NGT chairperson Justice Swatanter Kumar dismissed the Centre’s plea on the ground that the Supreme Court has also junked a similar plea.
●    The NGT bench said that the Union ministry of road transport and highways, which had sought modification of its April 7, 2015 order, did not file any review plea and moved the tribunal “in the guise of seeking modification”.
●    The bench which delivered the judgment also included Justices Jawad Rahim, RS Rathore and one expert member, BS Sajwan.

HDFC Bank is No 1 in BrandZ India Top 50 Jio no. 11

HDFC Bank retained its No 1 position in the BrandZ India top 50, doubling its brand value since 2014 with a sustained focus on improving services.
●    The leading private sector lender improved its brand value from USD 9.4 billion to USD 18 billion since 2014, said research agency Kantar Millward Brown in a statement here.
●    The bank has retained the top slot for the fourth year in a row.
●    The BrandZ Top 50 Most Valuable Indian Brands 2017 was announced today by WPP and Kantar Millward Brown.
●    "As reflected in this year's ranking, the most agile Indian brands have recognised the complexity in the market, and achieved just the right balance between aspirational and affordable," he added.
●    There were seven newcomers to the ranking, the report said. 
●    Telecom provider Reliance Jio ranks at No 11, months after its launch. 
●    Other new entrants included DMart, appliance brand Whirlpool, insurance brand Bajaj Allianz, Canara Bank and entertainment brands Sun Direct and DishTV.

President Kovind presents Rajbhasha awards on Hindi Diwas

President Ram Nath Kovind presented the Rajbhasha awards on the occasion of Hindi Diwas at a function held here today.
●    Kovind also launched the 'LILA Mobile App' in the presence of Union Minister of Home Affairs Rajnath Singh and Minister of State (Home) Hansraj Gangaram Ahir and Ministers of State for Home Affairs Kiren Rijiju.
●    While addressing the gathering, Kovind extended his greetings to the nation and the Hindi lovers on the occasion of Hindi Diwas.
●    "I congratulate all the award winners and I appreciate their contributions to Hindi language. 
●    I also admire the Department of Official Language of Ministry of Home Affairs to recognize the excellent contributions of Ministries, Departments, Nationalized Banks and others in the field of Hindi," he said.

Current Affairs 14th September 2017: SPORTS

IOC announced 2024 and 2028 host cities of the Olympics

Paris and Los Angeles have been announced as respective hosts of the 2024 and 2028 Olympic Games.
●    The "tripartite agreement" between the International Olympic Committee (IOC), Paris 2024 and Los Angeles 2028 was ratified in the Peruvian capital Lima on Wednesday.
●    The historic compromise sees both cities join London as three-time hosts of the summer Games, with Paris getting its wish to go first and celebrate the 100th anniversary of its last Olympics in 1924.
●    LA, meanwhile, gets the certainty of a Games without a bidding contest and early access to at least £1.8bn in shared revenue to kick-start its legacy plans 11 years early.

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