Current Affairs Daily Updates June 30th 2016

Dear Readers,
Welcome to Mentor for Bank Exams. Here I am presenting the current affairs of the day covering utmost events happened which are helpful for upcoming competitive exams as well to boost your general awareness. Kindly make use of these!!!

1. Rodrigo Duterte sworn in as Philippines’ president
• Rodrigo Duterte was sworn in as the Philippines' 16th president inside the Malacanang presidential palace in Manila. He will have a six-year term.
• The first Mindanaoan president of the country, Duterte succeeds Benigno Aquino III.
• Firebrand leader Duterte’s anti-crime programme includes plans to reintroduce the death penalty, issuing shoot-to-kill orders to the security services and offering them bounties for the bodies of drug dealers. He has also called on people to kill suspected criminals.

1. Two Indians get Queen’s Young Leaders Award 2016
• Two Indians, Kartik Sawhney and Neha Swain, have won the 2016 Queen's Young Leaders award in the United Kingdom which has been presented by Queen Elizabeth at the British monarch in Buckingham Palace. The name of these awardees has been announced last year in December.
• Sawhney and Swain have won the prestigious award for their exceptional work in transforming the lives of others and making a lasting difference in their communities.
2. Four Indian-Americans honoured with 2016 Great Immigrants Award in US.
• Indian-origin Google CEO Sunder Pichai and three other Indian-Americans are among the 42 US nationals honoured with this year’s prestigious “Great Immigrants: The Pride of America” award.
• The other three Indian-Americans are Hari Sreenivasan, anchor and senior correspondent, PBS NewsHour, Vikram Malhotra Chairman of the Americas, McKinsey & Company and Bharati Mukherjee National Book Critics Circle Award-winning author.

1. Corporation Bank focusing on recoveries, credit growth
• Corporation Bank is focusing on recovery, prevention of delinquencies and healthy credit growth for better management of non-performing assets (NPAs).
• In 2015-16, gross NPAs of the bank stood 9.98 per cent and net NPAs at 6.53 per cent.

1. Microsoft CEO Satya Nadella's debut book 'Hit Refresh' to come out in 2017
• Microsoft CEO Satya Nadella's debut book will hit stores next year with the writer saying it is neither a 'how-to-succeed' book nor a memoir but about change.
• 'Hit Refresh' follows three storylines: Nadella's personal journey of transformation, the change that is taking place today inside his storied technology company, and one that is coming in all of our lives as intelligent machines become more ambient and more ubiquitous throughout society

1. Founder of Titan, Xerxes Sapur Desai has passed away
• Xerxes Sapur Desai, the man who founded Titan Co Ltd, has died following a prolonged illness in Bengaluru. He was 79.
• Desai played a key role in introducing India to its first quartz watch in the late 80s when he set up Titan Co. Ltd (part of Tata Sons), after enduring years of resistance from state-owned HMT Watches.
2. Senior artist K.G. Subramanyan passes away
• Renowned sculptor and painter KG Subramanyan passed away in Vadodara, Gujarat following a brief illness. He was 92
• He was multifaceted artist credited with being one of the pioneers of Indian modern art and was also a freedom fighter.

1. Maharashtra, Tata Power to ink pact for 1,000 MW for Mumbai
• Keeping in mind the future power requirements of the Mumbai region, the Maharashtra government plans to sign a MoU with Tata Power for sourcing 1,000 MW from the upcoming Dherand Thermal Project.
• The tie-up with Tata Power is a step in that direction. Since the present State government came to power, the transmission capacity for Mumbai city has increased by 1300 MW.
2. World Bank, ISA sign agreement for collaboration in solar energy
• The World Bank announced plans to provide more than $1 billion to support India’s solar initiatives. An agreement to this effect was signed.
• The World Bank-supported projects under preparation include solar rooftop technology, infrastructure for solar parks, bringing innovative solar and hybrid technologies to market and transmission lines for solar-rich states.
3. CCEA nod for Rs. 6,000 cr road projects
• The Cabinet Committee on Economic Affairs approved implementation of three highway projects entailing a cost of almost Rs. 6,000 crore.
• These include Aurangabad-Telwadi (Rs. 2,029 crore), Angul-Sambalpur (Rs. 2,491 crore) and Phagwara-Rupnagar (Rs. 1,444 crore). These projects will be implemented in three different modes – Aurangabad-Telwadi on a BOT (toll) basis, Angul Sambalpur on an EPC basis and Phagwara-Rupnagar on hybrid annuity basis.

1. Indian Warships visit Vladivostok, Russia
• Three Indian naval ships reached Russia as part of efforts to enhance maritime cooperation between the navies of both countries.
• INS Sahyadri, Shakti and Kirch, reached Vladivostok on a four day visit as part of deployment of the Eastern Fleet to the South China Sea.
• The visiting IN ships are likely to conduct exercises with the Russian Navy, aimed at enhancing interoperability in communication as well as Search and Rescue procedures.
2. Malaysia gets 2 women Shariah HC judges
• Two women have been appointed as judges of Malaysia’s Islamic Shariah High Court for the first time in the history of the judiciary of the Muslim-majority country.
• Noor Huda Roslan, 40, and Nenney Shuhaidah Shamsuddin, 41, received their official letters of appointment from Selangors Sultan Sharafuddin Idris Shah during a ceremony at the Istana Bukit Kayangan.
• Shariah High Court, also known as Syriah High Court, refers to Sharia law in Islamic religious law and deals with exclusively Islamic laws, having jurisdiction upon every Muslim in Malaysia.

1. Indian Railways PSU Rites exports modern passenger coaches to Bangladesh
• RITES Ltd., a PSU under the Ministry of Railways, has supplied 60 Broad Gauge passenger coaches (LHB type) to Bangladesh Railway (BR) against a contract agreement of 120 coaches
• Two train sets, comprising of 12 coaches each- 2 AC chair car, 2 first AC sleeper car, 6 non-AC chair car and 2 power car, will presently be deployed to operate 3 pairs of inter-city trains between Dhaka and Rajshahi. These modern stainless steel coaches manufactured by Rail Coach Factory, Kapurthala, are equipped with Fiat bogies capable of running at maximum speed of 160 kmph.
2. Minister of Railways Shri Suresh Prabhakar Prabhu inaugurates/ launches various facilities/ services through video conferencing from Rail Bhawan
• Minister of Railways Shri Suresh Prabhakar Prabhu inaugurated/ launched following facilities/services through video conferencing from Rail Bhawan.
• Dedication of Improved passenger amenities at Gurgaon station.
• Laying of Foundation-stone for auto car loading facility at Farukhnagar.
• Railway has renovated Gurgaon Railway Station into a modern station.
3. J&K govt launches e-file tracking system
• In a major e-Governance initiative, Jammu and Kashmir Chief Minister Mehbooba Mufti launched the new workflow based e-file tracking system in the Civil Secretariat - the seat of the government.
• The new IT-enabled file-tracking system implemented by Jammu and Kashmir e-Governance Agency (JKeGA) is aimed at automating file, correspondence and document tracking within government offices.
4. EESL Signs MoU with TERI
• Energy Efficiency Services Limited (EESL) entered into a strategic partnership with The Energy and Resources Institute (TERI) for two years. The MoU was signed between the two parties in the presence of Union Minister of State (IC) Power, Coal and New & Renewable Energy, Shri Piyush Goyal.
• Agreement as Strategic Partners, to work jointly for the achievement of common goals and objectives related to energy efficiency in India and abroad.

1. BRICS Youth Summit to be held in Guwahati
• A Youth Summit for the BRICS countries will be held in Guwahati from July 1-3 with the theme 'Youth as bridge for Intra-BRICS Exchanges'.
• The subjects to be covered are skill development and entrepreneurship, social inclusion, youth volunteerism and youth participation in governance.

1. India Test-Fires Surface-To-Air Missile Developed Jointly With Israel
• India successfully test fired a new Surface-to-Air ballistic missile developed jointly with Israel.
• The medium range missile (MR-SAM), a product of joint venture between India and Israel, was successfully test launched from a mobile launcher in the Integrated Test Range (ITR) at Chandipur, odisha.
2. HCL Info implements India’s first integrated defence communication network
• India’s first integrated Defence Communication Network (DCN) was launched by Union Defence Minister Manohar Parrikar in South Block, Delhi.
• The network enables the Army, the Air Force, the Navy and the Special Forces Command to share situational awareness for a faster decision-making process.
3. High-speed OPV INS Tarasa launched
• Indian Navy has launched INS Tarasa, the fourth and last ship in the series of the Water Jet Fast Attack Craft (WJFAC).
• It is being built by Kolkata (West Bengal) based Garden Reach Shipbuilders & Engineers Ltd (GRSE).

1. BRICS Youth Summit, 2016 at Guwahati, Assam
• BRICS Youth Summit, 2016 is being organised at Guwahati (Assam) from 1- 3rd July. The Theme for the Summit is “Youth as bridge for Intra-BRICS Exchanges”.
• The subjects to be covered by thematic debates are
(i) Skill Development and Entrepreneurship
(ii) Social Inclusion
(iii) Youth Volunteerism
(iv) Youth Participation in Governance.

1. Amul signs up as official sponsor of Indian team to the Olympics
• India’s leading food products company Amul has signed up as the official sponsor for the Indian contingent to the Rio Olympics 2016.
• The company will launch a series of advertising campaigns for milk and other dairy products to promote this association. Amul has embarked upon an ‘Eat Milk with Every Meal’ campaign.
2. Golf Back in the Olympics After 112 Years
• The 2016 Rio games will be the first Olympics after 112 years to host a Golf event.
• the session of the 121st International Olympic Committee Session chose to re-introduce the sport for the games
• Golf has been reintroduced for 2016 and 2020 Olympics.
3. BCCI mulls setting up its own stadium in Delhi to avoid shifting of matches
• The BCCI is planning to build a state-of-the-art cricket stadium in New Delhi.
• The board has planned to buy land and build a cricket stadium, which will be owned and administered by BCCI, and does not belong to any state association.
• The cricket control body will run the stadium and marquee games like World Cup finals, IPL finals will be hosted at this stadium.

1. HRD centers: ANUR, Vikasa ink MoU
• East Godavari Collector H. Arun Kumar has announced that 30,000 youth coming out from all the 400 and odd colleges in the district are going to get employment with the MoU between Vikasa and Adikavi Nannaya University (ANUR) that was entered.
• Vikasa was a government agency that provided employment opportunities to youth in East Godavari and the Adikavi Nannaya University was one of the big universities in this region after the Andhra University.
2. IRCTC to run luxury trains to Shirdi, Goa, Tirupati
• The Indian Railway Catering and Tourism Corporation (IRCTC) will soon operate ‘Three Star’ luxury trains from Secunderabad to Shirdi, Goa and Tirupati with the basic tariff structure of normal bus fares.