Following are the Current Affairs for 9th May 2017:
Below you will find Daily current affairs for 9th May 2017 divided into various categories.
1. 29th India-Indonesia Co-ordinated Patrol (CORPAT) Commences
- The 29th India-Indonesia CORPAT is scheduled from 9th May 2017 to 25th May 2017 with the opening ceremony being conducted from 9th May 2017 to 12th May 2017 at Port Blair under the aegis of Andaman and Nicobar Command. The Indonesian Naval Ship KRI Sutedi Senoputra has arrived at Haddo Wharf, Port Blair to mark its commencement.
- During the stay at Port Blair from 9-12 May 17, the visiting crew shall be engaged in interactions at various strata, including sports fixtures, ship visits, professional interactions and visits to places of historical and tourist interests. The closing ceremony of the CORPAT is scheduled at Belawan, Indonesia from 22-25 May 17.
- Under the broad ambit of this strategic partnership, Indonesian Navy and the Indian Navy have been carrying out coordinated patrolling twice a year since 2002 near the International Maritime Boundary Line to keep this part of the Indian Ocean region safe and secure for commercial shipping and international trade.
2. Measurement of Liveability Index of cities to begin next month
- Ministry of Urban Development will launch measuring of Liveability Index of cities next month based on indigenously evolved Index.
- To start with, Liveability Standards of 140 cities including 53 cities with population of one million and above and Smart Cities will be assessed. The Ministry has already invited bids for selecting the agency for carrying out the assessment based on the parameters evolved by the Ministry. The Ministry of Urban Development has come out with a detailed document on “Methodology for Collection and Computation of Liveability Standards in Cities” for the benefit of States and Cities.
- Cities will be assessed on 15 core parameters relating to Governance, social infrastructure pertaining to education, health and safety and security, economic aspects and physical infrastructure like housing, open spaces, land use, energy and water availability, solid waste management, pollution etc. Cities will be ranked based on Liveability Index that would cover a total of 79 aspects.
Business & Economy
3. Edelweiss Tokio launches India’s first Life insurance Product
- Edelweiss Tokio launched India’s first and the simplest life insurance product that can be bought at a point of sale (PoS).
- The company recently launched PoS Saral Nivesh which is the first product to be approved by the Insurance Regulatory and Development Authority of India’s (IRDAI) guidelines on point of sale-life insurance products.
- PoS Saral Nivesh is a non-linked, non-participating endowment life insurance plan which offers both protection and saving.
4. IMF retains India’s growth forecast at 7.2% for FY18
- India is pegged to be the fastest growing economy in the world in 2017-18 and will be a key driver for global growth, according to the International Monetary Fund (IMF).
- Retaining its growth forecast of 7.2 per cent for India for the fiscal year, the IMF, in its World Economic Outlook, also estimated that India would grow at 7.7 per cent in 2018-19 and said that 8 per cent growth in the medium-term is within reach. It pegged India’s growth rate at 6.8 per cent in 2016-17.
- “Medium-term growth prospects are favourable, with growth forecast to rise to about 8 per cent due to the implementation of key reforms, loosening of supply-side bottlenecks, and appropriate fiscal and monetary policies,” said the report.
5. Emma Watson bags first ever ‘Genderless’ award
- Hollywood actor Emma Watson picked up the first-ever Genderless Acting Award for the Best Actor category for “Beauty and the Beast” at the MTV Movie and TV Awards.
- The star, who first became known for her role as Hermione in the Harry Potter films, is a feminist campaigner and UN Women Global Goodwill Ambassador.
- Her competition for the best actor prize included Hugh Jackman and James McAvoy. “Beauty and the Beast” also won movie of the year.
6. IIT-B professor wins Young Scientists Award
- A Scientific model that can prove to be a long-term solution for carbon dioxide emissions in the country has helped a faculty from the Indian Institute of Technology (IIT), Bombay, win the tag of India’s Young Scientist.
- Vikram Vishal, a 31-year-old assistant professor in the Earth Sciences department of the institute, received the Young Scientists Award from the Indian National Science Academy, the country’s apex scientific society, for the year 2017. He was awarded with a bronze medal and a cash prize of Rs 25,000.
- The model proposed by Vishal involves trapping the carbon dioxide emitted by industries and injecting them in hard rocks within the sub-surface of earth. The analogy comes from the natural gases that remain trapped in rocks for millions of years. If we can successfully inject the emissions into the rocks, they will remain there for several thousand years.
7. India poised to overtake Japan as No. 3 Solar PV market
- With 8.8 GW of projected capacity addition (growth of 76 per cent over 2016) in 2017, India is set to become the third largest solar PV market, overtaking Japan. By the end of 2017, India’s solar power capacity is expected to touch 18.7 GW, which will be about five per cent of global solar capacity, growing by 89 per cent over last year.
- As of March 2017, India had installed 12.2 GW of utility scale solar capacity. Indian solar market has grown by an average 72 per cent in the last three years and is now worth about 8-9 GW per annum.
- Growing market size and strong government commitment to the sector have attracted the world’s leading private sector players as well as resulted in lower tariffs for consumers.
8. DIPP, WIPO to set up tech innovation centres
- Industrial promotion body DIPP and the World Intellectual Property Organisation (WIPO) have joined hands to establish Technology and Innovation Support Centres in the country, which are expected to boost generation and commercialisation of intellectual properties.
- The agreement, signed between the Department of Industrial Policy and Promotion (DIPP) and WIPO for setting up Technology and Innovation Support Centres (TISCs), will also provide an impetus to knowledge sharing, capacity building and sharing of best practices among the over 500 TISCs operating worldwide.
- The services offered by TISCs may include access to online patent and non-patent (scientific and technical) resources and IP-related publications; assistance in searching and retrieving technology information; training in database search; on-demand searches; monitoring technology and competitors; and basic information on industrial property laws, management and strategy, and technology commercialisation and marketing.
9. Airtel and Ola to offer integrated digital services
- Telecommunications services provider Bharti Airtel is partnering with taxi aggregator Ola to offer a range of digital services to customers. The companies will collaborate to deliver enhanced convenience for customers by leveraging the strengths of their respective portfolios.
- Ola will leverage Airtel’s integrated suite of enterprise services to power its operations, while Airtel will leverage Ola’s vast network of driver-partners.
- Ola Money will also be integrated within MyAirtel app and Airtel website to enable recharge/payment of Airtel mobile, DTH and broadband bills. Airtel’s suite of entertainment offerings will be available on Ola Play in the form of exclusive content for Ola customers. Both partners will also work to offer a range of value-added services.
10. Logo and Mascot for Asian Athletics Championships unveiled in Odisha
- Odisha Chief Minister Naveen Patnaik has unveiled the logo and mascot of the 22nd Asian Athletics Championships scheduled to be held at the Kalinga Stadium in Bhubaneshwar from July 6 to 9, 2017.
- Mr. Patnaik also formally announced Bhubaneswar as the host for the sports event. More than 700 athletes from around 45 countries would participate in 42 events – 21 for men and 21 for women.
- The mascot, named Olly Turtle, depicts the Olive Ridley turtles as Odisha’s Gahirmatha beach is a prime mass nesting site for the endangered species.
9th May 2017 Current Affairs & GK Quiz:
After reading the above news, you can also test your knowledge by taking the following Quiz. It contains questions from today’s Current Affairs and some General Knowledge. To visit the 9th May 2017 quiz, just click on the button below.