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Important Current Affairs of 9th July

NATIONAL:

Indian business man becomes first expat in Sharjah to get UAE’s permanent residency.

• UAE-based Indian business tycoon Lalu Samuel has become the first expat in Sharjah to get the gold card permanent residency.

• Unlike the long-term visa of 5-10 years for businessmen and talented individuals, the gold card gives permanent residency of the UAE to the holder.

• The Kingston Group chairman was handed over the gold residence card by Brigadier Arif Al Shamsi, Director-General of residency and foreigners affairs in Sharjah, the Gulf News reported Monday.

About Kingston Group:

• The Kingston Holdings owns one of the largest manufacturing companies in the Middle East that comprises several manufacturing units that process plastic and metal.

Odisha state government implemented the Centres Witness Protection Scheme 2018.

• The Odisha state government implemented the Centre’s Witness Protection Scheme 2018. Naveen Patnaik led Odisha govt. informed the Orissa High Court on 6 July. By this Odisha became the first State to implement the Scheme.

On December 5 2018, Supreme Court has directed all States and Union Territories to endorse the Central scheme on Witness Protection Scheme-2018. It said that the Witness Protection Scheme, 2018 shall be the 'law' under Article 141 and 142 of the Constitution, till the enactment of suitable parliamentary or state legislations on the subject.

Reason for implementation:

The move comes after an informant sought protection for his life and property as he was a witness in a murder case under Kodala police station area in Ganjam district in the Orissa HC. A Single Judge Bench of Justice Biswajit Mohanty directed the petitioner to approach the competent authority in the district concerned for protection under the scheme.

Categories of the Scheme:

Under the scheme, the state govt. included three categories of witnesses as per threat perception.

Category A: This category consists of those cases where threat extends to the life of witness or family members during an investigation, trial or thereafter.

Category B: Cases where the threat extends to safety, reputation or property of the witness or family members during the investigation or trial.

Category C: Cases where the threat is moderate and extends to harassment or intimidation of the witness or family members, reputation or property during investigation, trial or thereafter.

Provisions of the Scheme:

The scheme includes different features including protective measures that ensures that:

♦ protection and Change of identity

♦ the witness and the accused do not come face to face during probe

♦ relocation of witness

♦ confidentiality and preservation of records and recovery of expenses among others

APPOINTMENTS AND RESIGNATIONS:

Hero MotoCorp appoints Rajat Bhargava as head of EV business.

• India's largest two-wheeler maker Hero MotoCorp on Tuesday appointed Rajat Bhargava as the head of its new 'Emerging Mobility' business unit. Hero created the unit to give an impetus to new mobility trends such as Electric Vehicles, the company said. Currently, Bhargava is the Head of Strategy & Performance Transformation and Global Business at the company.

SPORTS:

Vinesh Phogat won gold medal in the 53 kg category at the Grand Prix of Spain 2019.

• India’s top wrestler Vinesh Phogat won her first gold medal after shifting to 53kg category and Divya Kakran claimed the top honours in the 68kg category at the Grand Prix of Spain 2019 at Madrid, Spain. In the championship, India finished second with 130 points in team championship behind Russia which secured 165.

Vinesh defeated Dutch rival Jessica Blaszka at the finals. She is one of India’s medal hopefuls at the 2020 Tokyo Games. She won gold medal at the Jakarta Asian Games. Vinesh had competed in Asian Championship and won bronze. She played in Dan Kolov and won silver respectively in the 53kg category.

Brazil won the Copa America2019 title.

• Brazil won its first Copa America 2019 title since 2007. It defeated Peru and secured 3-1. The team already owns the fifth and ninth Copa América trophy.  The event was hosted by Brazil.

• Everton was named player of the final and also finished as one of the tournament's top scorers with three goals. Dani Alves, Brazil's right-back, was awarded the player of the tournament.

• The last time they won the Copa América was in 1989. Then it played against Uruguay at the Maracanã. Brazil's only other title since 2007 came in the 2013 Confederations Cup

Copa America 2019:

• The 2019 Copa América was the 46th edition of the Copa América, the international men's association football championship. It was founded in 1916.

• It was organized by South America's football ruling body CONMEBOL. It was held in Brazil and took place between 14 June to 7 July 2019 at 6 venues across the country.

• Uruguay is the Copa América's most successful nation with 15 titles.

Chanu wins gold at Commonwealth Senior Weightlifting C'ship.

• Former world champion Mirabai Chanu won a gold medal on the opening day of the Commonwealth Weightlifting Championship on Tuesday. The Indian contingent won 13 medals that included eight gold, three silver and two bronze medals in senior, junior and youth categories. Mirabai lifted a total of 191kg in the senior women's 49 kg event.

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Important Current Affairs 9th February 2019

SCIENCE AND TECHNOLOGY


NASA: 2018 4th warmest year on record.
•    The global surface temperatures on the Earth in 2018 were the 4th warmest since 1880.
•    This was found in an independent analysis by NASA and the National Oceanic and Atmospheric Administration (NOAA).
•    The global temperatures in 2018 were 0.83 degree Celsius
2018’s temperatures rank behind those of 2016, 2017 and 2015.
 

BUSINESS AND ECONOMY


IRDAI imposes fine on United India Insurance.
•    Imposed a fine of Rs 9 lakh on state-owned United India Insurance Co Ltd for violating certain procedures.
•    3 violations were found during the inspection, of which 2 attracted the fine.
•    UIIC is headquartered in Chennai, while IRDAI is in Hyderabad.

SBI fined by RBI.
•    RBI slapped Rs 1 crore penalty on SBI, country's largest lender on 7th Feb 2019 for violating norms.
•    RBI levied the penalty in the exercise of powers conferred under Section 47 A of the Banking Regulation Act, 1949.
•    SBI was charged for not monitoring the end use of funds in respect of one of its borrowers.


RBI Monetary Policy of February.
•    RBI cuts key lending rate (repo) by 0.25 pc to 6.25 pc
•    Reverse repo rate cut to 6pcs, bank rate to 6.5pc, CRR unchanged at 4pc
•    Headline inflation estimates revised down to 2.8 pc in Q1, 3.2-3.4 pc in first half of next fiscal
•    Projects GDP growth to accelerate to 7.4 pc next fiscal, from 7.2 pc in 2018-19
 

Suresh Prabhu addresses interactive session.
•    An interactive session on the Indo-Africa Strategic Economic Co-operation was held in New Delhi on 6th Feb 2019.
•    It was organised by the Ministry of Commerce and Industry.
•    The bilateral trade between Africa and India has increased from $7 billion in 2001 to $78 billion in 2014 and then $60 billion in 2017.
•    Suresh Prabhu is the Union Minister of Commerce & Industry and Civil Aviation.
 

AWARDS AND HONORS


Yes Bank wins Data Science Innovation Award.
•    Yes, Bank was announced as the winner of the 9th edition of Aegis Graham Bell Award 2018 for its ‘Yes Engage Enrich Excel (EEE)’ project in data science.
•    Its EEE program is an industry-first analytics tool that aids the Bank’s relationship managers with top 3 talking points to engage with their customers.
•    Aegis Graham Bell Award promotes innovations and entrepreneurship in the ICT domain.

Sanjiv Chadha awarded in UK.
•    The State Bank of India’s UK Chief Mr Sanjiv Chadha has been honoured with the ‘Freedom of the City Of London’.
•    The award was given by the city of London Corporation in recognition of his contribution to promoting bilateral relations
•    The previous Indian recipient of the honour is Jawaharlal Nehru, the first PM of India. Other recipients include author J K Rowling and actor Dame Judi Dench.
 

APPOINTMENTS


Pradeep Singh became Civil Aviation Secretary.
•    The government appointed Air India Chief Managing Director and Chairperson Pradeep Singh Kharola as the secretary of the Ministry of Civil Aviation.
•    Kharola will take over from Rajiv Nayan Choubey.
•    He is an IAS officer of Karnataka cadre from the 1985 batch, who was named chairperson of Air India in November 2017.

NATIONAL


Nitin Gadkari laid foundation of NH project.
•    Union Minister of Road Transport and Highways, Nitin Gadkari, laid the foundation for 5 National Highway projects of length 632 km in Ayodhya on 8 Feb 2019
•    The estimated cost is Rs. 7195 crore and the project will establish direct connectivity from Ayodhya to Ambedkar Nagar and Chitrakoot.
•    He will also visit Prayagraj to inaugurate Phase 2 of River Information System on National Waterway-1.

Ujjwala Utsav observed by Oil industry.
•    Ujjwala Utsav was observed by the Oil industry in New Delhi on 7th Feb 2019
•    It was observed to celebrate the stellar role played by all stakeholders in making PMUY scheme a success.
•    PMUY anthem - 'Ujjwala Bharat Ujjwala' composed by Kailash Kher was also launched on the occasion.
 

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