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Current affairs : January 28, 2017 for all competitive exams

Data privacy day –January 28
Cyber security is a growing concern. Data Privacy Day is observed every January 28 as a reminder to protect and safeguard private data.
  • Data Privacy Day was first initiated by the Council in Europe in 2007.  
  • The purpose of Data Privacy Day is to raise awareness and promote privacy and data protection best practices. 
  • It is currently observed in the United States, Canada, India and 47 European countries.


CWC Signs MoU with IIT Madras and IIS Bengaluru
Central Water Commission (CWC) under the Ministry of Water Resources River Development and Ganga Rejuvenation has signed two separate MoUs with IIT Madras and IIS Bengaluru. 
  • This will help them for the procurement of specified equipment and software for enhancing their capability to support dam rehabilitation efforts of CWC.


150-year-old British era forest track in Seshachalam reopened

The 50-km forest road laid by the British across valleys, slopes and peaks of Seshachalam hills spread over Chittoor and Kadapa districts has been reopened.
  • The 150-year-old road between Railway Kodur and Tirumala hills saw its glory during 1870-1940. The road used to command an area of over 75,000 hectares, besides connecting almost all vital forest routes in the Seshachalam hills, covering Pulibonu, Talakona, Chamla valley in Chittoor district, and Rajampeta and Kadapa divisions.


99% of Indians over 18 now have Aadhaar cards
Over 99% of Indians aged 18 and above now have Aadhaar cards as more than 111 crore residents have enrolled themselves for the unique identification number.
  • The increase in enrolments will come as a boost to the government’s drive to make India a less-cash society as it is encouraging the use of AadhaarPay, a merchant version of Aadhaar-enabled payment system (AEPS).


Soldiers can now WhatsApp Army Chief
With several soldiers publicly airing their grievances on social media, the Chief of the Army Staff, General Bipin Rawat, has announced a WhatsApp number through which soldiers can complain to him directly.
  • The number, 9643 300008, has been put out in the public domain.




Nalanda University gets new Chancellor
Dr. Vijay Bhatkar, the man behind India’s first supercomputer, the Param series, is to be the new Chancellor of Nalanda University. He will replace George Yeo, former Foreign Minister of Singapore, who quit after the Board of the University was reconstituted, saying he had not been consulted before it took place.
  • Dr. Bhatkar studied at the Indian Institute of Technology (Delhi) and the Maharaja Sayaji Rao University. 
  • He was the driving force behind the the Indian supercomputer, the Param series, and made it available to the Garuda grid on the National Knowledge Network.
  • He received the Padma Bhushan in 2015 in the field of science and technology.


Trade war looms as Trump mulls tariffs to fund wall
U.S. government has announced 20 per cent tariff on imports from southern neighbour Mexico is among the ideas under consideration to fund a border wall between the two countries.
  • The order was issued without any calculation of costs or timeline. The U.S.-Mexico border is 3,200 km long and nearly one third of it has barriers of some sort. 
  • Imports to the U.S. from Mexico in 2015 were valued at $316.4 billion.


Trump, May renew ‘special’ U.S.-Britain bond
President Donald Trump and Britain’s Prime Minister Theresa May met to renew what the new U.S. leader described as the “most special relationship” between their nations.
  • A new trade treaty with the United Kingdom would on the agenda in Mr. Trump’s meeting with Prime Minister Theresa May, his first meeting with a foreign leader. Both leaders are supporters of bilateral trade treaties as opposed to multilateral ones.


Seven new countries join BEPS agreement
Seven jurisdictions – Lithuania, Gabon, Hungary, Indonesia, Malta, Mauritius and the Russian Federation – have signed a tax co-operation agreement, the Multilateral Competent Authority Agreement for Country-by-Country Reporting (CbC MCAA), to enable automatic sharing of country-by-country information. Now, the total number of signatories has increased to 57.
  • The CbC MCAA, which aims to boost transparency by multinational enterprises (MNEs), allows signatories to bilaterally and automatically exchange country-by-country reports, as part of Action 13 of the base erosion and profit shifting (BEPS) Action Plan.


Competition panel okays Reliance-Dassault JV
The Competition Commission of India (CCI) approved the proposed joint venture between Anil Ambani-led Group firm Reliance Aerostructure and Rafale-maker Dassault Aviation, one of the major deals in India’s private defence industry. 
  • The combination relates to the setting up of a joint venture between Reliance Aero and Dassault - Dassault Reliance Aerospace Ltd, in which Reliance Aero would hold 51% shares, with the remaining 49% to be held by Dassault.


Centre says GAAR effective April 1, industry demurs
The Centre has reiterated that the General Anti Avoidance Rules – aimed at curbing tax avoidance – will come into force on April 1, ignoring industry’s suggestion to defer the rules on account of uncertainty over their applicability and to provide adequate time to prepare for the new regime.
  • The General Anti-Avoidance Rule was introduced by Finance Minister Pranab Mukherjee in his Budget with the objective to “counter aggressive tax avoidance schemes.”
  • It empowers officials to deny the tax benefits on transactions or arrangements which do not have any commercial substance or consideration other than achieving tax benefit.


Loss making Indian Railways to rent out hill trains to private players
The Indian Railways is planning to start leasing out its standalone passenger corridors and branch lines to private companies for operations and maintenance, marking the beginning of corporate participation in the running of the world’s fourth largest railroad network.
  • Largely unprofitable routes linking Kalka and Shimla, Siliguri and Darjeeling, the NilgiriBSE 0.00 % mountains with the plains, Neral and Matheran, and the Kangra Valley railways would be among the first the government will likely choose to bid out to private operators.


6 balls, 6 wickets and 2 hat-tricks--an Aussie bowler's perfect over
An Australian cricketer has done the unthinkable--taken six wickets in six deliveries!

  • 29-year-old Australian bowler Aled Carey playing for Golden Point against East Ballarat, in a Ballarat Cricket Association fourth-team fixture bowled the incredible over. 
  • On the very first delivery, he dismissed the batsman for a catch to the first slip while the second delivery also dismissed the batsman when he was caught behind by the wicket-keeper. The third batsman was dismissed leg-before-wicket as Carey celebrated his hat-trick.



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