Current Affairs: Daily GK Update 12 September 2017
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Current Affairs: Daily GK Update 12 September 2017
National
1.The Maharashtra Government and Mother Dairy Fruit and Vegetable Pvt. Ltd, a subsidiary of National Dairy Development Board (NDDB) have signed a lease agreement to set up a state-of-the-art milk and milk products processing plant.
2.Prime Minister Narendra Modi met Belarus President Aleksandr Grigoryevich Lukashenko in New Delhi to discuss various issues of mutual interest of both countries
Banking & Finance
3.. India’s second largest software services firm Infosys has completed the acquisition of London-based Brilliant Basics. Infosys had acquired the company in a cash deal worth GBP 7.5 million, including earn-out and employee retention amounts.
4.The Pension Fund Regulatory and Development Authority (PFRDA) announced that the upper age limit for joining the National Pension Scheme (NPS) had been raised to 65 years, from the current 60. Hemant Contractor is the Chairman of PFRDA.
5.HDFC Bank surpassed Tata Consultancy Services (TCS) to become the country’s second most valued firm in terms of market valuation. Reliance Industries Ltd is the country’s most valued firm with a market cap of Rs. 5,33,818.72 crore followed by HDFC Bank and TCS in top three list.
6.Airtel has launched ‘Office-In-a-Box’ for start-ups registered under the Karnataka government’s Start-Up Cell initiative
7.Public sector lender Jammu and Kashmir Bank (J&K Bank) has lowered the interest rate on its savings bank accounts by 0.50 per cent to 3.50 per cent with immediate effect.
8.The Consumer Price Index (CPI) or retail inflation rose 3.36 per cent in August from a year earlier, government data showed. The current rate of inflation is the highest in five months.
International
9. British Parliament has passed its first Parliamentary test “the EU Withdrawal Bill “ .This bill will end the supremacy of EU law in the UK.
10.The Asian Development Bank (ADB) will provide a USD 152 million to Nepal for the implementation and enhancement of its power transmission and distribution.
Sports
11.Sumit Nagal of India blasted Colin van Beem of the Netherlands 6-3, 6-0 in the singles final to justify the top billing in the 8th MCC – S R Subramaniam Memorial ITF Futures Men’s tennis championship in Chennai.
12.The coastal city of Kochi is hosting the BWF World Senior Badminton Championships. The championship is been held in India for the first time.
Awards
13. Eminent jurist Tahir Mahmood was awarded the prestigious N R Madhava Menon Best Law Teacher Award 2017 for his distinguished services to legal education and the legal profession on the occasion of Law Teachers’ Day celebrations.
14. The renowned Indian Badminton legend Prakash Padukone has been selected for the first life time award by Badminton Association of India (BAI).