Current Affairs 6 Jan.2017- Accent Institute Hisar

Japan to help develop Chennai, Varanasi as smart cities

• Japanese Ambassador to India Kenji Hiramatsu said Japan has decided to be associated with the development of Chennai, Ahmedabad and Varanasi as smart cities in the country.
• This comes as a part of government’s scheme to develop 100 cities as smart cities. The last list of 27 cities to be developed as smart cities was released in September.

• China on Thursday launched its longest bullet train ‘Shangri-la of the World’ from Kunming, in Yunnan Province, to Beijing.
• This has expanded China’s high-speed train network to about 20,000 kilometres. It takes nearly 13 hours for the train to cover a distance of 2,760 kilometres.
• A ticket for a second-class seat on the train costs 1,147 yuan

Cabinet approves Agreement between India-Uruguay regarding Cooperation and Mutual Assistance in Customs Matters

• The Union Cabinet has approved signing and ratifying an Agreement between India and Uruguay regarding Cooperation and Mutual Assistance in Customs Matters.
• The Agreement will help in the availability of relevant information for the prevention and investigation of Customs offences. The Agreement is also expected to facilitate trade and ensure efficient clearance of goods traded between the countries
• Uruguay is an important trading partner of India among members of the MERCOSUR, a trading block in Latin America. India signed a Preferential Trade Agreement (PTA) with the MERCOSUR which came into effect from 1st June, 2009.
• Trade between India and the Uruguay has been expanding gradually

Sitharaman launches IPR Enforcement Toolkit for police

• Commerce and Industry Minister Nirmala Sitharaman launched an IPR Enforcement Toolkit for Police that would help in dealing with IP crimes, specifically Trade Marks counterfeiting and Copyrights piracy.
• The toolkit has been jointly prepared by Cell for IPR Promotion and Management (CIPAM) and Federation of Indian Chambers of Commerce and Industry (FICCI).
• In addition to details of offences under various laws, it provides for checklists for registering a complaint and conducting search and seizures.
• It also lays down general guidelines for search and seizure in case of IP crimes

S Padmanabhan nominated as Tata Power chairman

• Tata Sons Ltd has nominated S Padmanabhan as the chairman for Tata Power Co Ltd with immediate effect using its rights according to the company’s articles of association, Tata Power said on Wednesday.
• In its statement to BSE , Tata Power said in terms of the company’s article of association, Tata Sons Ltd, as the promoter of the company has the right to nominate the chairman of the company’s board “as long as the word ‘TATA’ is associated with the name of the company.
• Padmanabhan at present serves as an additional director on the company’s board

• Capgemini said it appointed Anil Jalali as Chief Human Resources Officer for its India operation, effective January 1, 2017.
• Jalali joined Capgemini India from IBM India where he was the executive director of human resource.
• Jalali takes over from BL Narayan who is joining Capgemini’s Business Services Strategic Business unit as head of solutions and sales support.

SIDBI ties up with LIC for capital support to enterprises

• Small Industries Development Bank of India (SIDBI) on Thursday said it has tied up with Life Insurance Corporation of India (LIC) for augmenting capital support to enterprises in the country.
• The idea behind tying up with the state-run insurance behemoth is to give a boost to the venture capital ecosystem for MSMEs, it said.
• Under fund of funds operations, SIDBI handles various schemes, namely India Aspiration Fund (corpus of Rs 2,000 crore, ASPIRE Fund (Rs 60 crore) and Fund of Funds for Startups (FFS) (Rs 10,000 crore).
• In April 2016, SIDBI and LIC had signed a Memorandum of Understanding to supplement funds under India Aspiration Fund.
• Under the MoU, the insurance major had earmarked an amount of Rs 200 crore for investment.

Three Days International Conference on “Yoga for Diabetes” Organised in New Delhi

• The Minister of State for AYUSH (Independent Charge), Shri Shripad Yesso Naik inaugurated the International Conference on “Yoga for Diabetes” which began in New Delhi on January 4, 2017.
• The three days conference aims to generate discussions on the role of Yoga in the prevention and management of Diabetes and draw up a roadmap to be adopted for the control of Diabetes through Yoga.
• The Conference consists of main and parallel sessions on different aspects of Yoga & Diabetes including research, policy making and panel discussion. It provides a common platform for the Allopathy and AYUSH practitioners, Researchers, Academicians, Policy makers and students to come together in the fight against diabetes.

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