2017-03-05



Daily Current Affairs Updates–  5th March 2017:

Daily Current affairs News Updates about the National and International events were listed here. Candidates those who are preparing for IBPS/SBI/PO/Clerk exam and all other competitive exams can use this.

Labour Ministry to soon convene meet to increase EPFO stock market exposure to 15%



Union Labour Ministry will soon convene a meeting of the Central Board of Trustees to secure its nod to increase Employees' Provident Fund Organisation (EPFO) stock market exposure to 15 per cent, from the existing 10 per cent.

This was stated by Labour and Employment Minister Bandaru Dattatreya in New Delhi. He said, rate of returns have been high from capital market investments and consultations are always made with trade unions, employers and state governments to increase EPFO accruals into ETFs.

Labour and Employment Minister: Bandaru Dattatreya

36,000 farmers switch to high end organic farming in Himachal



In Himachal Pradesh, nearly 36,000 farmers have switched over to high end organic farming during past few years. These farmers covering about 76,000 hectare area and are producing 16.50 lakh metric tons of vegetables.

To ensure the balanced use of nutrients in fields, about 3 Lakh 89 thousand Soil Health cards have been issued to the farmers. 4,395 metric tons vermin compost is being producing annually in 517 units while 659 hectare of area have been brought under the micro irrigation.

State : Himachal Pradesh

Capital : Shimla

Chief Minister : Virbhadra Singh

Governor : Acharya Dev Vrat

EC issues directions to CEOs of 5 poll bound states

The Election Commission has issued directions to the Chief Electoral Officers (CEOs) of the five poll bound states of Punjab, Uttarakhand, Uttar Pradesh, Goa and Manipur for making fool proof security arrangements for counting of votes.

These directions are in addition to those issued earlier by the Commission regarding storage and safety arrangements of EVMs, appointment of counting staff, counting agents and counting procedures.

Remains of pre-Harappan civilisation found in Haryana

During the excavation work to revive the Saraswati river, remnants of pre-Harappan civilisation, which are presumed to be more than 6,000 years old, were found at Kunal village in Fatehabad district of Haryana. The excavation team found ornaments, beads and bones from the site. The Archaeology and Museums Department would keep the remnants in a museum.

State : Haryana

Capital : Chandigarh

Chief Minister : Manohar Lal Khattar

Governor : Kaptan Singh Solanki

PM Modi pays tributes to former Odisha CM Biju Patnaik

Prime Minister Narendra Modi today paid tributes to former Odisha Chief Minister Biju Patnaik on his birth anniversary. In a tweet, Mr Modi said, Biju Babu served the society with diligence and positively impacted many lives.

INTERNATIONAL

Somalia's PM announces deaths of 110 due to hunger, diarrhoea

Somalia's Prime Minister Hassan Ali Khaire has announced the deaths of at least 110 people due to hunger and diarrhoea in the country over the past 48 hours amid a drought in the Bay region, the southwest part of the country.

The drought has led to a spread of acute diarrhoea, cholera and measles and nearly 5.5 million people are at risk of contracting waterborne diseases.

Country : Somalia

Capital : Mogadishu

Currency: Somali shilling

President: Mohamed Abdullahi Mohamed

Malaysia expels North Korean ambassador over assassination

North Korea's ambassador to Malaysia Kang Chol has been expelled and given 48 hours to leave the country in relation to the assassination of Kim Jong-nam, the half-brother of North Korean dictator Kim Jong-un. Chol had earlier said that his country "cannot trust" the Malaysian investigation into the assassination and accused it of conspiring against North Korea.

Country : Malaysia

Capital : Kuala Lumpur

Currency: Malaysian ringgit

Prime minister: Najib Razak

Country: North Korea

Capital: Pyongyang

Supreme leader: Kim Jong-un

Currency: North Korean won

BANKING NEWS

Govt asks all banks to enable mobile banking by March 31

The government has asked banks to link all savings accounts with mobile and Aadhaar numbers by March 31, 2017, and enable mobile banking for these customers. All banks have been advised to undertake this in campaign mode, an official statement read. As per estimates, only 65% saving accounts are currently seeded with mobile numbers and only 50% with Aadhaar.

BUSINESS AND ECONOMY NEWS:

Flipkart to hire up to 30% more people this year, says COO

Flipkart is looking to hire up to 30% more people in 2017 compared to last year, according to homegrown e-commerce major's Chief Operating Officer Nitin Seth. Flipkart reportedly hired about 1,500 people last year and 10,000 temporary staffers for logistics. According to research firm RedSeer, the Indian e-commerce industry witnessed a 12% growth in 2016 compared to 180% in 2015.

Flipkart Chief Operating Officer: Nitin Seth

SCIENCE AND TECHNOLOGY:

Scientists store movie and entire operating system on DNA

Columbia University scientists managed to store a full computer operating system and a short film among four other files on DNA molecules and were able to retrieve them error-free. Converting the files into genetic code to store them in the DNA, scientists said, a single gram of DNA could pack over 215 million GB of data for thousands of years.

Man makes smartwatch running on Windows 98

Technology blogger '314Reactor' has created a smartwatch powered by Windows 98. The watch has a 2.4-inch touchscreen, a 1,000 mAh battery, a simple on and off switch, and velcro straps. The man claims that he has managed to get Minesweeper game and the Flying Windows screensaver working on the smartwatch.

Student launches on-demand startup for deo, hangover cures

A Stanford University student named Fatima Dicko has launched a startup named 'Jetpack' that provides on-demand delivery of 'essential' student supplies like deodorant, hangover cures, energy drinks and medicines. Around 100 students across the campus are equipped with special bags filled with supplies to make on-demand deliveries. These students receive a weekly fee for selling the products.

Sickle-cell anaemia cured for 1st time by gene modification

In a first, French researchers have successfully reversed sickle-cell anaemia in a 13-year-old boy using gene modification. The sickle-cell disease causes normal oxygen-carrying red blood cells (RBCs) to get sickle-shaped, which can be fatal as it blocks the blood flow. Doctors removed the patient's bone marrow, altered the DNA and inserted it back in his body to remake normal RBCs.

Smart street dustbin turns throwing garbage into game

New York-based startup Sencity has built a smart dustbin for streets called 'TetraBIN' that makes throwing garbage a game. It features a game where bats fly in the air while dogs wait on the ground saying, "Feed me!". Every time garbage is thrown into the dustbin, the dog gets fed, and a redeemable reward code is given to the thrower.

'Artificial throat' for speech-impaired made using grapheme

Chinese researchers have developed an 'artificial throat' using graphene (a carbon form) which can both generate and detect sound. The wearable electronic device can help the deaf-mute 'speak' as it detects weak vibrations when attached to the throat, converting it into sound. The graphene-based biocompatible device is expected to have a significant impact in speech recognition, scientists said.

SPORTS NEWS:

Dubai Tennis Championship: Bopanna, Matkowski lose men's doubles final

India's Rohan Bopanna and his Polish partner Marcin Matkowski have lost their men's doubles final match in the Dubai Duty Free Tennis Championships.

In Dubai today, the Indo-Polish pair lost to fourth seeded duo of Romanian Tecau Horia and Dutchman Rojer Jean-Julien in three sets 6-4, 3-6, 3-10. The title-clash lasted One hour and 19 minutes.

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