Important Current Affairs 9th May 2017

Important Current Affairs 9th May 2017

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important Current Affairs 9th May 2017 with Free PDF in English and Hindi, which will update you with latest headlines, news from various domains i.e: National News, Sports, Business, Awards & recognition. It is useful for the preparation of competitive exams like: SSC, SBI, IBPS PO, Clerk, Railways & Various other Entrance examinations.

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Current Affairs 9th May 2017: NATIONAL NEWS

Minister of State for Railways Shri Rajen Gohain inaugurates “Udaan- A Sports Conclave” 

Shri Rajen Gohain, Minister of State for Railways inaugurated “Udaan- A Sports Conclave” organized by Railway Sports Promotion Board (RSPB) under Ministry of Railways here today. 
●    Chairman, Railway Board Shri A.K.Mital, & Member Staff Shri Pradeep Kumar, Secretary, Ministry of Sports Shri Injeti Srinivas were present to grace the occasion. 
●    The Conclave was attended by various eminent sportspersons like Ms. Mary Kom, Sushil Kumar, Ms. Sakshi Malik, Shri Bhaichung Bhutia, Gymnastics Coach Shri B.S. Nandi. 
●    Ms. Rekha Yadav, Secretary, Railway Sports Promotion Board and Col. Satyavrat Sheoran from Services Sports Control Board were also present on the occasion. 
●    Speaking on the occasion, Shri Suresh Prabhakar Prabhu, Minister of Railways said through video conferencing that the conclave is an effort to bring all stakeholders on one platform. 
●    Railways is proud to have sportspersons who have made the country’s flag fly high. The idea behind the conclave is to get inputs to explore more opportunities in making Railways a better organisation in terms of sports. 
●    Speaking on the occasion, Shri Manoj Sinha, Minister of State for Railways and Minister of State for Communications (Independent Charge) said through video conferencing that Railway Sports Promotion Board is doing a commendable job in promoting sports in India. 
●    One third of Sportsperson are from Railways. Railway Sports Promotion Board is also empowering women by promoting women employees for sports. 
●    Efforts of Railway Sports Promotion Board can help India reach to the next level in Sports. He congratulated the organisers for organising the event. 

Nitin Gadkari to Open Trading and Address London Stock Exchange On May 11th, 2017 

The Minister of Road Transport & Highways and Shipping Shri Nitin Gadkari has been invited by the London Stock Exchange to address its guests and the media on the Government of India’s initiatives in infrastructure and opportunities for investors to participate in India’s growth story. 
●    The Minister will also open the market for the LSE for trading on the 11th of May 2017.
●    Shri Gadkari’s trip may also coincide with the culmination of the NHAI’s debut Masala Bond issuance which is expected to list on the LSE shortly.
●    Masala Bonds are a major initiative being encouraged by our Government . They have been gaining in popularity among foreign investors. 
●    Until recently, the ability of Indian companies and other issuers to borrow from the overseas markets was predominantly limited to foreign currencies, but Masala Bonds have finally taken off, giving Indian companies from various sectors the ability to access the international capital markets and raise financing without taking on the attendant exchange rate risk. 
●    What Indian companies need to do now, is to access the Masala Bond market to enhance its liquidity and give international investors the opportunity of exposure to the Indian Rupee.
●    It is with this objective that the National Highways Authority of India (NHAI) decided to access the Masala Bond Market. 

Every house in Haryana to get a smart ID

In Haryana, detailed data will be collected of every resident and every house would be allotted a smart house ID under a special mission.
●    It was announced by the state’s Chief Secretary, D.S. Dhesi while presiding over a meeting of the Deputy Commissioners of the state through video conferencing on 7 May 2017 in Chandigarh. 
●    Dhesi stated that the smart house ID would be generated through a tablet by visiting every house.
●    The work on the project is expected to commence from 15 June 2017 and would be completed by 15 August 2017.
●    A real time-based survey would be conducted to gather the socio-economic data.
●    The teams of Saksham and e-Numerator would be visiting each house to feed their GPS location in the tablets and create a smart house ID online thereby linking the houses with biometric.
●    During the survey, details including address of each house, photo, location, electricity connection, water connection, electronic devices, bank account numbers, IFSC code, Aadhaar and personal details of the house owner such as mobile number, e-mail ID, educational qualification and religious affiliation would be gathered.
●    The data collected is expected to help in getting details of land, pension, scholarship, MGNREGA, loan and LPG.
●    The state government would make sure that benefits of 150 servi 

Current Affairs 9th May 2017: OBITUARY

Legendary Sitarist Rais Khan passes away

Renowned Sitar maestro Ustad Rais Khan passed away on 6 May 2017 in Karachi, Pakistan. He was 77.
●    Ustad Rais Khan was born in Indian city of Indore, Madhya Pradesh, on 25 November 1939.
●    The Sitarist’s maternal grandfather Inayat Ali Khan was also considered one of the finest sitar players in the subcontinent.
●    Ustad Rais Khan was regarded as one of the greatest sitar players of all times.
●    He grew up in Mumbai.
●    In 1986, he moved to Pakistan, seven years after marrying his fourth wife - a Pakistani singer named Bilqees Khanum.
●    He belonged to the Mewati gharana, which is connected to Indore gharana.
●    As Rais Khan's mother was a singer and his father was a beenkar, a unique combination of khayal, dhrupad and thumri – 'angs' (approaches) developed in his playing.
●    He gave his first public concert at Sunderbai Hall in the presence of the then Governor of Bombay Sir Maharaja Singh.
 

Current Affairs 9th May 2017: INTERNATIONAL NEWS

China proposes 4-point initiative to improve ties with India

Amid increasing strain in Sino-India ties, China has proposed a four-point initiative to overcome differences and deepen relations which includes aligning its 'One Belt One Road' project with India's 'Act East Policy' and restarting negotiations on a free trade pact.
●    The proposal put forward by Chinese envoy Luo Zhaohui also includes starting negotiations on a 'China-India Treaty of Good Neighbourliness and Friendly Cooperation' and prioritising finding an early solution to the border dispute between the two countries.
●    "Firstly, start negotiation on a China-India Treaty of Good Neighbourliness and Friendly Cooperation. 
●    Secondly, restart negotiation of China-India Free Trade Agreement. Thirdly, strive for an early harvest on the border issue. 
●    Fourthly, actively explore the feasibility of aligning China's 'One Belt One Road Initiative' (OBOR) and India's 'Act East Policy'," he said.
●    The Chinese envoy made the remarks while speaking at defence think-tank United Service Institution on Friday but the text of his closed-door address was released by the Chinese Embassy on Monday.
●    Referring to Indo-Pak ties, Luo said China is willing to mediate to resolve differences between the two countries if both sides accept it.
●    He said good ties between the two countries were conducive to regional stability and in China's interests. 
●    The development of China, India, Pakistan and the stability of the whole region call for a stable and friendly environment, he said.

India and Japan on 8 May 2017 affirmed plans to strengthen their defence cooperation amid rising tension in the Asian region.
●    Defence Minister Arun Jaitley during his visit to Japan informed his Japanese counterpart, Tomomi Inada that India hopes to pursue a strategic partnership with Japan for regional peace and stability. 
●    His visit comes at a time of rising tension in the region, including territorial rows in the South China Sea and nuclear and missile threats from North Korea.
●    Besides, Jaitley also welcomed a planned trilateral naval exercise involving the United States, India and Japan in July 2017 as a way of strengthening cooperation in the Asia-Pacific.
●    Jaitley, who also holds Finance portfolio, visited Japan to attend an annual meeting of the Asian Development Bank that ended on 7 May 2017.
●    India–Japan relations have traditionally been strong as people of the two nations have been engaged in cultural exchanges since centuries. 
●    The exchanges can be linked to Buddhism. Besides, the two nations, which are the oldest and largest democracies in Asia, have a high degree of congruence of economic, political and strategic interests. 
 

Current Affairs 9th May 2017: SPORTS

Olive Ridley to be mascot of Asian Athletics Championships

The logo and mascot of the Asian Athletics Championships were released on 8 May 2017. 
●    The sea turtle, Olive Ridley was declared the mascot of the Championship. 
●    The logo depicts an athlete crossing the finishing line with historical tourist attractions of Odisha.
●    The logo and mascot of the Asian Athletics Championships were released by Odisha Chief Minister Naveen Patnaik in the presence of Olympians PT Usha and Anju Bobby George. 
●    The two Olympians were also felicitated during the programme. The championship is scheduled to be held from 6 to 9 July 2017 at Kalinga Stadium in Bhubaneswar.
●    The mascot is named as OLLY and represents the sea turtles that annually migrate to coastal Odisha for mass nesting. 
●    The nesting process starts between November and December and continues until April and May. 
●    On the occasion, the Chief Minister formally announced the commencement of the mega international sports event where more than 700 athletes from nearly 45 countries would participate in 42 sports events during the four-day sports extravaganza.