Yak Eighth July 2017 Of Import Daily Electrical Flow Affairs

Dear Great Ambitionists, hither are today's (8th July 2017) Important Current Affairs updates. Happy Reading :)

Daily Current Affairs of eighth July 2017

International Current Affairs

G20 Summit, the annual coming together of the G20 (an international forum for the governments as well as fundamental banking concern governors from xx major economies), was latterly held at Hamburg Messe, inwards the metropolis of Hamburg, FRG during seventh as well as eighth July 2017.

On the sidelines of this summit, Prime Minister Narendra Modi held bilateral meetings amongst his counterparts from Britain, Italy, Republic of Korea and Mexico.
Addressing the G20 summit, PM said Lashkar-e-Taiba as well as Jaish-e-Mohammad "are equal to Islamic State as well as Al-Qaeda... their ideology is the same."
Modi, the Pb speaker at the 'fighting terrorism' session, presented an 11-point Action Agenda calling for collective measures against terror.

G20 countries concord for swift activity as well as targeted telephone substitution of information on terrorism as well as its financing.

The United Nations today adopted a Global Draft Treaty banning nuclear weapons amid opposition from all nuclear-weapon states which boycotted the negotiations.

Over 140 countries participated inwards negotiations on the legally-binding treaty that provides for a full ban on developing, stockpiling or threatening to role nuclear weapons.
Note : The treaty needs to move ratified yesteryear fifty nations to accept effect.

To facilitate merchandise as well as to meliorate communication betwixt the 2 countries, India and Bangladesh have decided to build a bridge over Mizoram’s Khawthlangtuipui river (also known every bit Karnaphuli river).
India is emerging every bit a front end runner inwards the global struggle against climate change, the World Bank has said, noting that the solar ability is gradually displacing coal every bit an unloosen energy source inwards the Asian country.

According to the World Bank, amongst its witting selection to role significantly to a greater extent than laid upward clean unloosen energy to fuel its growth, Republic of Republic of India is contributing to global efforts to salvage the planet from the effects of climate change.

National Current Affairs

The Centre today notified that action would move taken against those who shipping service videos as well as images of the protected Andaman as well as Nicobar Islands' tribal communities on social media.

The National Commission for Scheduled Tribes has said the tribes come upward nether a rule that protects them from exterior interference, violation of which is punishable amongst imprisonment upward to 3 years.

Banking, Business & Economic Affairs

Finance Ministry along amongst the Central Board of Excise as well as Customs today launched GST Rates Finder app for consumers to verify the accurate revenue enhancement rates on commodity as well as services nether the Goods as well as Services Tax.

The app, which is currently available on Android platform, volition presently move launched for iOS as well as tin move used inwards offline agency ane time downloaded.

Private lender Axis Bank has emerged every bit the front-runner to purchase Snapdeal-owned digital wallet startup FreeCharge.

The banking concern is currently conducting due diligence for the acquisition that could move valued at nigh ₹646 crore.

China's biggest banks, including Industrial as well as Commercial Bank of Red People's Republic of China (ICBC) and Agricultural Bank of China, lost a combined $15 billion (nearly ₹97,000 crore) inwards value inwards a week.

ICBC declined some 7.4% over the week, touching its lowest grade versus the benchmark Hang Seng Index since Jan 2008.
Moreover, Red People's Republic of China Construction Bank roughshod for a 5th consecutive week.

RBI Deputy Governor Viral Acharya today said, that the Reserve Bank of Republic of Republic of India is considering setting upward of Public Credit Registry (PCR), an extensive database of banking concern loans.

Acharya suggested the registry would move managed yesteryear a world authorization similar the fundamental bank, as well as reporting loan details should move mandatory.
Note : Current database hosts credit information of those amongst loans higher upward ₹5 crore.

Vietnam has granted ONGC Videsh a two-year extension to explore crude oil block 128 inwards the South Red People's Republic of China Sea.

Note : The permission was outset granted inwards the twelvemonth 2006 which is due to expire inwards mid-June.

Awards & Honors

For the 3rd consecutive year, Tata Steel Ltd has bagged Prime Minister’s trophy for ‘Best Performing Integrated Steel Plant’.
Music composer AR Rahman has been nominated at the World Soundtrack Awards for his music inwards the cinema 'Viceroy's House'.

Sports Current Affairs

India’s Harinder Pal Sandhu has defeated Rhys Dowling of Commonwealth of Australia to elevator South Australian Open squelch title.

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