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Current Affair Updates- 12 Sep 2016
Daily | Todays Current Affair Updates | 9-Minute-Read | By- Raksha
A complete dose of current affairs for the whole day. Categories listed are given as below:
Important Days
National
International
Books & Authors
Banking
Business & Economy
Appointments and Resigns
Awards & Honours
Science & Technology
Sports
Obituary

NATIONAL
Union Cabinet approves formation of GST Council

The Union Cabinet on 12 September 2016 approved the process, formation and functioning of the Goods
and Services Tax (GST) Council.
The council will consist of the Finance Minister and State Finance Ministers. It will make
recommendations on important issues related to GST, including items and rates.
Chairperson: Union Finance Minister
Member: The Union Minister of State, in-charge of Revenue of finance
Members: The Minister In-charge of finance or taxation or any other Minister nominated by each State
Government

Committee to identify people below the poverty line (BPL)

A task force headed by NITI Aayog Vice-Chairman Arvind Panagariya to prepare a road map for
elimination of poverty has submitted its report to the Prime Ministers Office (PMO) and suggested
setting up of a committee to identify people below the poverty line (BPL).
The task force, which included NITI Aayog member Bibek Debroy and secretaries from the Ministries of
Rural Development, Housing and Urban Poverty Alleviation, has also suggested participation from the
States in defining the BPL population, a senior government official said.

Govt launches toll free number1924 for postal complaints

After introducing Twitter Sewa for redressal of telecom and postal grievances, the government today
launched a toll-free number 1924 to register postal complaints.
It will initially be operational for 12 hours on working days and has been started in Hindi, Malayalam, and
English. Notably, Department of Posts (DoP) is the 8th largest department in terms of number of
complaints

Himachal Pradesh MoU with Singapore for smart township in jathia devi

Himachal Pradesh government has signed a preliminary Memorandum of Understanding (MoU) with
Singapore government for developing a smart integrated township in Jathiadevi near Shimla airport.
The MoU was signed between Himachal Pradesh Housing and Urban Development Authority (HIMUDA)
and Asian Pacific Singapore Enterprise in the presence of Urban Development and Town and Country
Planning and Housing minister Sudhir Sharma.

Yudh Abhyas 2016 is set to be conducted in Uttarakhand

As part of the ongoing Indo-US defense cooperation, a joint military training exercise, Yudh Abhyas 2016
is set to be conducted in Uttarakhand from September 14 to 27. The exercise in Chaubattia was being
conducted by the headquarter Central Command.

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The exercise is aimed at stimulating a scenario where both nations were working together to counter
insurgency and terrorism in mountainous terrain under UN charter. The two week exercise will witness
participation of about 225 personnel of the US Army and similar strength of Congo Brigade of the Indian
Army.

China, Russia to stage military drills

China and Russia were to start war games in the South China Sea on Monday.
The eight-day joint exercises will include a focus on seizing and controlling islands and shoals, Chinese
navy spokesman Liang Yang said in a statement.
They will involve surface ships, submarines, fixed-wing aircraft, ship-borne helicopters, marine corps and
amphibious armored equipment from both navies, he said.

INTERNATIONAL
China, Russia hold naval drill in South China Sea

China and Russia have started naval drills in the disputed South China Sea on Monday. China claimed that
the routine drills, which are expected to last eight days, are only aimed at strengthening cooperation.
This comes amid tensions in the contested waters after a UN court ruled that China does not have
historic rights over the region.

Rajnath to visit Russia, U.S.

Home Minister Rajnath Singh will visit Russia & US next week to discuss cross-border terrorism in Jammu
& Kashmir & growing activities of Islamic State (IS) in the country.
He will visit Russia for five days, for discussing issues related to Indo-Russia anti-terror cooperation.
In both the bilateral visits the Home Minister will highlight Pakistans direct involvement in cross border
terrorism.

China has longest bullet train network

Chinas high-speed railway has completed over 20,000 kms of track network in the country, becoming the
worlds longest bullet train network.
A high-speed railway linking Zhengzhou in Chinas central Henan Province with Xuzhou in eastern Jiangsu
Province opened on Saturday.
With this new line, Chinas high-speed railway lines have exceeded 20,000 kms in total length, the worlds
longest

China has worlds highest bridge

Chinese engineers have completed the basic structure of what is expected to become the worlds highest
bridge.The Beipanjiang bridge, in mountainous southwestern China, soars 565 metres (1,854 feet) above
a river.
It overtakes the Si Du River Bridge in the central province of Hubei to become the worlds highest bridge.

Iceland named worlds best adventure destination

According to a survey conducted by Virtuoso, an international luxury travel network, Iceland is the best
adventure destination for luxury travel. Galapagos in Ecuador was ranked second while Costa Rica and
Chiles Patagonia tied for the third spot.
Additionally, activities like hiking, biking and kayaking have been listed as activities preferred by active
and specialty travellers

North Korea demands recognition as nuclear state

North Korea has demanded the US recognise it as a legitimate nuclear weapons state following its fifth
and largest atomic test, according to officials. They added that UNs threats of further sanctions against
the country were highly laughable.
The officials said North Korea will continue to improve the quality and quantity of its weapons to
protect itself from American threats

BANKING
Direct tax collection rises by 15% in Apr-Aug

Net direct tax collections during the April-August period has grown 15.03% from the year-ago period to
INR 1.89 lakh crore, government data released on Monday stated.

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Further, direct tax collections, comprising corporate income tax and personal income tax, till August is
22.30% of the budget estimates for the fiscal. The increase has been attributed to robust collections in
personal income tax

BUSINESS AND ECONOMY

Paytm launches Aadhaar-based system for KYC

Digital payments and e-commerce platform Paytm today launched an Aadhaar-based eKYC (E-Know Your
Customer) service. KYC is a customer identification procedure followed by banks and wallet companies.
KYC-enabled Paytm customers are allowed a wallet balance limit of up to INR1 lakh, as opposed to INR
10k for non-KYC ones. Paytm is set to launch its payments bank before November

APPOINTMENTS AND RESIGN

Bakytzhan Sagintayev appointed as the Prime Minister of Kazakhstan

Bakytzhan Sagintaev appointed as Prime minister of Kazakhstan by Kazakhstan President Nursultan

Nazarbayev. Kazakhstan, a Central Asian country and former Soviet republic

Wasim Bari MD of Pakistan cricket team

Former Pakistan Test captain Wasim Bari has been appointed as the new manager of the national team
for the coming home series against the West Indies in the UAE.
68-year-old Bari, who played 81 Tests and 51 ODIs, has also served as chief selector and chief operating
officer in the board. Bari was a wicket-keeper and right-handed batsman. At the end of his 17-year
career he was the most capped player in Pakistani Test history

AWARDS AND HONOURS

22nd Guru Kelucharan Mohapatra Award Festival

The five-day-long 22nd Guru Kelucharan Mohapatra Award Festival concluded at the Rabindra Mandap
auditorium with the presentation of the prestigious awards named after the legendary Odissi artists.
The Guru Kelucharan Mohapatra Award 2016 for lifetime achievement was presented to Jharana Das
(Cinema) and Guru Kishore Kumar Mohanty (Odissi).
Guru Kelucharan Mohapatra Yuva Prativa Samman 2016 for exceptional diligence and accomplishment
was awarded to Rajib Bhattacharya (Odissi), Madhusmita Mohanty (Odissi), P. Praveen Kumar
(Bharatanatyam) and Rupak Kumar Parida (Odissi vocal).

SCIENCE AND TECHNOLOGY

ISRO to launch satellite made by IIT-Bombay students

The Indian Space Research Organisation (ISRO) will launch a satellite developed by the students of IIT
Bombay. Called Pratham, the satellite will measure the total electron count of the ionosphere.
The satellite was conceptualised by two students of the Aerospace Engineering department Saptarshi
Bandyopadhyay and Shashank Tamaskar in July 2007.

Tata, ICICI to raise Rs.5,500 cr for power plants

Tata Power and ICICI Venture will create a platform company to raise over INR5,500 crore and facilitate
investment in power projects in the next 2-3 years,
The sponsors and partner investors will contribute the initial capital investment, which will be used to
acquire stake in power generating companies in India, the company added

US-based startup develops 360 4K action camera

US-based startup Camorama has developed a 4K action camera that can record 360-degree videos. The
camera captures virtual reality videos which can be streamed live to YouTube and Facebook.
The product has been launched on Kickstarter for crowdfunding and has already raised over $150,000.
Priced at $239 for early customers, the camera will start shipping in November

SPORTS
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US Open 2016 winners list

Mens Singles : Stanislas Wawrinka (Switzerland)

Womens Singles : Angelique Kerber (Germany)
Mens Doubles : Bruno Soares (Brazil) / Jamie Murray (United Kingdom)
Womens Doubles : Bethanie Mattek-Sands (United States) / Lucie Safarova (Czech Republic)
Mixed Doubles : Laura Siegemund (Germany) / Mate Pavic (Croatia)

12-year-old sets world record for limbo skating on ice

Shristi Sharma, a 12-year-old Nagpur girl, has entered the Limca Book of World Records for limbo skating
on ice. Sharma ice skated for 10 metres under 11 bars placed a metre apart at a height of 33 centimetres
from the ground,
She is becoming the only person to accomplish the feat. She also holds a Guinness World Record in limbo
roller skating.

Indian Railways claims Murugappa Gold Cup

Indian Railways broke the unwritten rule with an impressive performance, barring the defeat to Punjab &
Sind Bank in its group (Pool-B). At the final of the 90th All-India MCC-Murugappa Gold Cup hockey
tournament here on Sunday, Railways defeated defending champion Indian Oil Corporation (IOC) 2-1 to
lift the Trophy.

Current Affairs Update

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Current Affairs 11 September- Click Here
Current Affairs 10 September- Click Here
Current Affair 12 September 2016
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