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Current Affairs 19.05.2017


Bilateral Exercise SIMBEX-17 between Indian & Republic Of Singapore Navy Commences
The 24th bilateral exercise involving Indian Navy and Republic of Singapore Navy has commenced in South China Sea.
SIMBEX stands for “Singapore-India Maritime Bilateral Exercises“.
The exercise will be held from May 18, 2017 to May 24, 2017.

Indian Scientist Shrinivas Kulkarni Wins Prestigious Dan David Prize
Indian scientist Shrinivas Kulkarni has won the prestigious Dan David prize as a recognition for his contributions made in the field of astronomy.
Shrinivas Kulkarni, a professor of astrophysics and planetary science at California Institute of Technology in Pasadena, is a pioneer in the field of time-domain astrophysics.

Union Cabinet Approves Pharma Mission to Develop Bio-Pharmaceuticals
The Cabinet Committee on Economic Affairs (CCEA) has approved a collaborative mission between industry and academia called ‘Innovate in India empowering biotech entrepreneurs and accelerating inclusive innovation‘ that is aimed at accelerating research for early development of biopharmaceuticals.

Indian Army gets its First Artillery Gun in 30 Years
Nearly after 30 years after the induction of  Bofors howitzers, Indian Army will get its first artillery guns called M777 from BAE Systems.
Swedish Bofors guns were inducted in late 1980s after which Army has not inducted any modern artillery guns.
The two M777s has arrived in New Delhi and will be tested at the Pokhran field firing range in Rajasthan.
The two M777 guns will be used for compilation of firing tables.
Indian Army has plans to equip 169 regiments with 3,503 guns by 2020.

NITI Aayog Conducts First Samavesh Meeting
NITI Aayog has conducted the first Samavesh meeting of the National Steering Group and other knowledge partners under the co-chairmanship of Amitabh Kant, CEO and Ratan P Watal, Principal Adviser, NITI Aayog.
The meeting was also attended by representatives of four States- Kerala, Assam, Uttar Pradesh and Rajasthan.

Tata Group Named Country’s Most Valuable Brand in Brand Finance List
Brand finance in its 2017 report that lists India’s 100 most valuable brands has named Tata Group as the most valuable brand in India at an estimated brand value of $13.1 billion.
Brand Finance is a global brand valuation and strategy consultancy firm.
Tata Group has managed to top the list despite its brand value declining 4% from $13.7 billion in 2016.

Environment Minister Anil Madhav Dave Passes Away
Union environment minister Anil Madhav Dave has passed away.
He was 60.
Anil Madhav Dave was born in Badnagar of Madhya Pradesh on July 6, 1956.
He is a Member of Parliament representing Madhya Pradesh.
Dave was first elected to Rajya Sabha in 2009.
Last year, he was sworn in as a minister with independent charge of environment, forest and climate change.
He was very passionate on implementing environmental projects including conservation of the Narmada river.
He had also founded an organisation called ‘Narmada Samagra’ for conservation of Narmada.

BSNL Signs MoU with Facebook and MobiKwik
BSNL has inked agreements with Facebook and MobiKwik in order to popularize the internet and its value added services among its customers.
Further, BSNL has also signed a third MoU with Disney Land India to offer premium online gaming services to its mobile customers.
The series of MoUs signed by BSNL comes at the backdrop of a stiff competition faced by BSNL from private telecom companies like Airtel and Reliance Jio.

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