Current Affairs 10th July 2018

Current Affairs 10th July 2018

Union Government formulates Action Plan for boosting Cruise Tourism

Mumbai would be the hub of Cruise Tourism in the country and areas like Sassoon Dock and Sewree Fort in the city, and nearby areas like Kanhoji Angre Island, Mandwa, Alibaug and Vijaydurg, would be developed as attractive tourist destinations.

The institution of eminence status granted to IIT Delhi, IIT Bombay, BITS Pilani

The Union Government has granted the Institutions of Eminence (IoEs) status to six institutions including 3 from Public Sector and 3 from Private Sector. The decision was taken on the basis of the recommendations given by an Empowered Expert Committee.

India, China agree to reduce tariffs on Chinese imports of Indian medicines

India and China have reached an agreement for the reduction of tariffs on Chinese imports of Indian medicines, particularly cancer drugs. China also agreed to increase imports of Indian medicines, particularly anti-cancer drugs, as a part of its moves to broaden its trade relations amidst its on-going trade war with the United States.

India, South Korea sign 5 MoUs for cooperation in Science & Technology

The MoU on ‘Establishment of Future Strategy Group’ was signed by Indian Science & Technology and Commerce Ministers, while on the Korean side, it was signed by Science and ICT and Trade Ministers.

Asian Development Bank approves USD 503M worth lining project of Son canal in Bihar

The Asian Development Bank (ADB) has approved USD 503-million worth lining project of the Son canal in Shahabad-Bhojpur region of Bihar that would bring immense benefits to the agriculture sector of the region.

PM Modi inaugurates world’s largest mobile factory in Noida, UP

Samsung has launched the world’s largest mobile factory in Noida, India. The factory was officially inaugurated by Prime Minister Narendra Modi and visiting South Korean President on July 9, 2018.

Delhi private hospitals to provide free treatment to poor: Supreme Court

A bench headed by Justice Arun Mishra said any resistance by the hospitals in providing free treatment would lead to cancellation of the lease.

NCLT upholds Tata Sons’ 2016 move sacking Cyrus Mistry as Chairman

The petitioners, Cyrus Investments Pvt Ltd and Sterling Investments Group of the Shapoorji Pallonji Group had filed the plea against the Tata Sons directors and trustees of Tata Trusts, alleging abuse of articles of association by outsiders, breakdown of governance and loss of ethical values.

GST Panel recommends no extra tax incentives for digital transactions

Another ministerial panel chaired by Sushil Kumar Modi on Reverse Charge Mechanism (RCM) recommended replacing the present Section 9(4) with a new Section 9(4) which will permit the government to notify specific class of registered persons who would be covered under RCM provision.

Sambalpur Railway Division becomes the first to eliminate all unmanned crossing

With the aim of eliminating all unmanned Level Crossing Gates over Sambalpur Division, East Coast Railway launches highest ever 6 (six) Limited Height Subways (LHS) in Sambalpur Division and completed it in a single block of four and half hours on 5th July 2018. Launching of 6 Limited Height Subways in Sambalpur Division is a first of its kind not only in East Coast Railway, but also in the entire Indian Railways.
In view of the launching of six Limited Height Subways, seven unmanned Level Crossing gates will be totally closed in Bhawanipatna-Lanjigarh Road Section of Kalahandi area of Odisha.

Satyarup Siddhant becomes the second Indian to scale the highest volcano

Satyarup Siddhanta has become the second Indian mountaineer after Malli Mastan Babu to climb Mt Ojos del Salado, the highest volcano in the world.
Ojos del Salado is a stratovolcano (a volcano built up of alternate layers of lava and ash)in the Andes on the Argentina-Chile border and the highest active volcano in the world at 6,893 metres (22,615 ft).
Satyarup is also set to be the first Indian to climb Mt Sidley, the highest volcano of Antarctica, which will help him realise the dream of scaling seven summits and seven volcanic summits.
He skied the last degree to South Pole and hoisted the Indian flag at -40 degree centigrade.
Such is his passion for climbing, that Satyarup didn’t think twice to leave his regular job before making his first attempt to scale the Mt Everest, in 2015.
He suffered financial losses after being forced to cut short his ascent due to a massive earthquake followed by an avalanche in the base camp. But he managed to scale it in 2006

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