Here is an update containing all the important current affairs for 11th January 2017. You can download the Important Current Affairs 11th January 2017 with pdf capsule too.
Australia to tax all digital transaction
- The Australian government plans to tax all online transactions, as part of a so-called ‘tax strike’.
- Currently, the government is unable to tax all of Australia’s approximately $7.37 billion annual online transactions.
- Mr. Morrison said that as Australia moves towards a modern, cashless economy, the government must keep up to ensure the tax system remains “modern”.
Natya Kala Acharya for Malavika Sarukkai
- Renowned Bharatanatyam dancer and guru Malavika Sarukkai were conferred the title of ‘Natya Kala Acharya’ at the inauguration of The Music Academy’s 11th dance festival.
- Susan Tuller, Deputy Consular General, Consulate General of United States of America in Chennai, gave the title.
- She said this was her first Margazhi season and she was awed by the scores of ‘sabhas’ in the city.
Jaitley says no note-ban effect
- Refuting claims that economic activity has been hit by the withdrawal of high-denomination currency notes, Finance Minister Arun Jaitley said tax collections between April & December 2016 have shown a positive trend.
- Jaitley told that direct tax mop-up increased 12.01 % to 5.53 lakh crore.
- He also told that indirect tax revenue grew 25 % to 6.30 lakh crore in the first 8 months of the fiscal
GM losses mount to over 1100 cr in India
- The Indian operation of General Motors is sinking with losses mounting to over ₹1,100 crore during 2015-16.
- General Motors, which commenced operations in India in 1995, is witnessing some of its worst days.
- GM had said that it will not bring its global emerging market platform to India because of huge losses incurred by the Indian operations.
IndusInd Bank: The good show continues
- The December quarter results for banks were expected to be anything but predictable, given the challenges thrown up post-demonetisation
- Deposits grew 38% year-one-year in the December quarter, with savings deposits growing 56%
Poor quality food served for jawans
- Tej Bahadur Yadav, a BSF jawan of 29th battalion, deployed along the Indo-Pakistan border in J&K, alleged that troops are served bad quality food.
- He also told that they even have to manage with an empty stomach sometimes.
- In the video, the jawan claimed that while the government procures essentials for them, the higher-ups and officers sell it off in an illegal manner.
Obama gets a job offer, from Spotify
- If President Barack Obama is still wondering what to do when he leaves office next week, he has a ready job offer from Spotify.
- The world’s leading streaming service advertised an opening for “President of Playlists” and said it was looking for someone with “at least eight years experience running a highly regarded nation”.
- Mr. Trump will be the new president after Obama.
Shalabh Seth: CEO of Ola Fleet Tech
- Transportation app Ola has roped in former SAB Miller India Managing Director Shalabh Seth as the CEO of Ola Fleet Technologies, its wholly owned leasing subsidiary.
- In his new role, Mr. Seth will drive supply growth through leasing and other driver focused initiatives to consolidate Ola’s position as the market leader.
- The operations were earlier handled by Ola Vice President Rahul Maroli.
Jazz musician Buddy Greco dies at 90
- Buddy Greco, the popular singer and piano player, who started his long career with Benny Goodman, has died.
- He was 90. Greco best known for his hit “The Lady Is a Tramp,” passed away on Tuesday in Las Vegas, according to The Hollywood Reporter.
- Greco’s version of “The Lady Is a Tramp” was released in 1962 and sold over a million copies.
India sees increase in tourist arrivals
- India registered an 11% increase in foreign tourist arrivals in 2016 over 2015, with as many as 9 million tourists visiting the country.
- During a session on ‘Partnering with diaspora to accelerate tourism in India’, Vinod Zutshi, Secretary, Ministry of Tourism, said this was way above the projected 4.5% growth.
- This also resulted in a 15% growth in income from FTAs, he said.
ISRO,CNES ink pact on satellite launch
- Indian Space Research Organisation (ISRO) & French Space agency (CNES) have signed a partnership agreement in satellite launch technology
- The agreement was signed between ISRO Chairman Kiran Kumar and CNES President Jean-Yves Le Gall in Bengaluru
- Space cooperation is one of the cornerstones of the Indo-French strategic partnership and spans over 50 years
India’s 1st international stock exchange
- Modi inaugurated India’s first international exchange ‘India INX’ at International Financial Services Centre in GIFT in Gandhinagar.
- INX, the wholly-owned subsidiary of the BSE will trade in equity derivatives, currency derivatives, commodity derivatives including Index and Stocks.
- The exchange will create new standards in quality of service and speed of transactions in different time zones.
Pravasi Haryana Divas begins in Gurgaon
- More than 400 people of Haryana origin from 300 countries today participated in the first-ever Pravasi Haryana Divas here in their efforts to connect with their roots and contribute to the development of the state.
- The pravasi Haryanvis attended the 2 day celebrations, which began at the Kingdom of Dreams.
- Haryana CM Manohar Lal along was present at the event.
Crack in Earth’s magnetic shield
- The world’s largest and most sensitive cosmic ray monitor, has recorded a burst of galactic cosmic rays that indicates a crack in the Earth’s magnetic shield.
- The burst occurred when a giant cloud of plasma ejected from the solar corona struck Earth.
- This was recorded by GRAPES-3 muon telescope located at Tata Institute of Fundamental Research’s Cosmic Ray Laboratory in Ooty in Tamil Nadu.
Myanmar to fence border with India
- Myanmar will build border demarcation fencing with India, the country’s Foreign Ministry said on Tuesday.
- The neighbouring country will construct the fence in its Naga self-administered zone, 10 metres from the demarcation border line.
- The construction will not restrict the regular travel of both the peoples in accordance with their tradition and custom.
HDFC Bank to deploy humanoid ‘Ira’ soon
- The private lender HDFC Bank launched what it claimed to be the first ‘humanoid’ in the domestic banking space.
- It is looking to partner with start-ups having technological solutions for rural operations.
- The bank showcased human-sized robot Ira, developed in association with Kochi-based Asimov Robotics, and said it will be deployed at a city branch within a fortnight.
Fault in Indian Ocean may trigger quakes
- A new plate boundary may be forming on the floor of the Indian Ocean as a result of the largest earthquake that shook the Andaman-Sumatran region in 2012.
- Researchers from Nanyang Technological Univ in Singapore & Indonesian Institute of Sciences, has found new plate boundary forming on the floor of the Indian Ocean.
- The study was published in the journal Science Advances.
Thousands witness Teppotsavam
- On the banks of Godavari in Bhadrachalam a multitude of devotees witnessed the colourful ‘Teppotsavam’ (float festival) amid royal opulence in the famous pilgrim centre.
- CM K. Chandrasekhar Rao’s wife and other family members were among those who watched the spectacular ‘celestial boat ride’.
- The processional idols of Lord Rama and his consort Sita, made five circular rounds in the river.
India receives $130 bn FDI in 2.5 years
- With the government taking steps to improve business climate, total FDI inflows in the last 2.5 years have touched USD 130 billion, PM Modi said.
- Modi, while addressing investors at the Vibrant Gujarat summit here, also said that ‘Make in India’ initiative has become the “biggest brand” that the country has ever had.
- The total FDI in the last 2.5 years have touched USD 130 billion.
Centre proposes rules to regulate dog
- To regulate dog breeding centres, the Ministry of Environment, Forest & Climate Change has proposed rules that prohibits dog breeding without registration.
- The Prevention of Cruelty to Animals Act has prohibited from breeding, owning or housing of dogs & pups without registration.
- The rules also prescribe requirements to be met by registered breeders for breeding & housing of dogs.