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Daily Current affairs - June 8th, 2017 for all competitive exams

World Oceans Day- 8 June
World Oceans Day is a global day of ocean celebration and collaboration for a better future.
  • It is observed globally on 08th June.
  • The overall theme for World Oceans Day 2017 is 'Our Oceans, Our Future'.


Union cabinet approves Agreement between India and Somalia on transfer of sentenced persons
The Union Cabinet has given its approval for signing and subsequent ratification of the Agreement on Transfer of sentenced persons between Indi and Somalia.
  • Signing the Agreement with Somalia shall facilitate the Indian prisoners imprisoned in Somalia or vice-versa to be near to their families, for serving remaining part of their sentence and shall facilitate their social rehabilitation.
  • The Government of India has signed bilateral Agreements on Transfer of Sentenced Persons with United Kingdom, Mauritius, Bulgaria, France, Egypt, Sri Lanka, Cambodia, South Korea, Saudi Arabia, Iran, Bangladesh, Brazil, Israel, Bosnia & Herzegovina, UAE, Italy, Turkey, Maldives, Thailand, Russian Federation, Kuwait, Vietnam, Australia, Hong Kong, Qatar, Mongolia, Kazakhstan, Bahrain and Estonia.


Health Secretary inaugurates ‘Vatsalya – Maatri Amrit Kosh’, a National Human Milk Bank and Lactation Counselling Centre
Shri C K Mishra, Secretary (Health and Family Welfare) inaugurated the ‘Vatsalya – Maatri Amrit Kosh’, a National Human Milk Bank and Lactation Counselling Centre at the Lady Hardinge Medical College (LHMC) in New Delhi.
  • The Vatsalya – Maatri Amrit Kosh will be the largest milk bank and lactation counseling center available in the North India.
  • It is established in collaboration with the Norwegian government, Oslo University and Norway-India Partnership Initiative (NIPI). 
  • It is a national human milk bank and lactation counseling center that will collect, pasteurize, test and safely store milk that has been donated by lactating mothers and makes it available for infants in need.


Cabinet approves IREDA IPO
The Cabinet on Wednesday approved an IPO by the Indian Renewable Energy Development Agency.
  • It approved the issue of 13.9 crore equity shares of Rs. 10 each.
  • IREDA is registered as a non-banking financial company. 
  • It has worked closely with the Ministry of New and Renewable Energy to help implement policies.


Centre clears kambala Bill
The Union Ministry of Law and Justice has cleared the Prevention of Cruelty to Animals (Karnataka Amendment) Bill 2017, legalising kambala — the traditional slush track buffalo race — and will send it to the President for his assent.
  • The approval by the President will help in the smooth conduct of ‘kambala’ (the traditional slush track buffalo race) in Dakshina Kannada and Udupi districts of Karnataka.
  • The Bill seeks to exempt kambala and bullock-cart racing from the ambit of the Prevention of Cruelty to Animals (PCA) Act, 1960.


Rajnath Singh inaugurated conference on disaster management
Home Minister Rajnath Singh inaugurated a two-day national level conference on "Capacity Building of SDRF-2017" in New Delhi.
  • The conference was organized by the National Disaster Response Force (NDRF),  holded discussions to develop a synergy and to highlight the way ahead to strengthen the response capabilities of State Disaster Response Forces (SDRF).


Rajasthan government adopts green building rating system
To promote construction of environment-friendly buildings, the Rajasthan government has adopted the green building rating system developed by the Indian Green Building Council (IGBC), which is part of the Confederation of Indian Industry (CII).
  • A three-day training workshop on the new rating system started on Tuesday that laid emphasis on checking exploitation of natural resources in the construction of buildings.


Kerala government implements ‘green protocol’ for weddings
Wedding ceremonies in Kerala are all set to become ‘green’, with the state government coming out with a green protocol to make auspicious occasions more nature-friendly.
  • With the implementation of the protocol, plastic and other non-biodegradable articles including disposable glasses and plates and thermocol decorations will be kept at bay from marriage functions. 


Astana to Host SCO Summit
Astana, the Kazakh capital is hosting the two-day summit of the Shanghai Cooperation Organization (SCO).
  • The 2017 summit would gather the leaders of China, India, Kazakhstan, Kyrgyzstan, Pakistan, Russia, Tajikistan and Uzbekistan and would be the first one with Islamabad and New Delhi as full-fledged members of the international organization.
  • The next summit of the organization would take place in 2018 in China.


WHO revises antibiotics protocol
In an effort to curb antibiotic resistance, the World Health Organization (WHO) has divided the drugs into three categories — access, watch and reserve — specifying which are to be used for common ailments and which are to be kept for complicated diseases.
  • This is the biggest revision of the antibiotics section in the 40-year history of the essential medicines list (EML).
  • The new WHO list should help health system planners and prescribers ensure that people who need antibiotics have access to them, and ensure they get the right one, so that the problem of resistance doesn’t get worse.


Oldest Homo sapiens fossils discovered:
The oldest fossil remains of Homo sapiens, dating back to 300,000 years, have been found at a site in Jebel Irhoud, Morocco. This is 100,000 years older than previously discovered fossils of Homo sapiens that have been securely dated.
  • This marks the first discovery of such fossils in north Africa, and widens the “cradle of mankind” to encompass all of Africa.


RBI’s decision to hold interest rates reveals rift with Centre
The decision by the Reserve Bank of India (RBI) to keep the policy repo rate unchanged, shrugging off a sharp deceleration in retail inflation, brought to the fore clear signs that the Centre and RBI are not seeing eye-to-eye on interest rates.
  • The MPC highlighted the risk of ‘premature action’ at this stage and said it would be wise to remain watchful of incoming data, thus avoiding disruptive policy reversals at a later stage. The RBI also pared its projection for GVA growth for FY18 by 10 basis points to 7.3%.
Present Rates
Repo rate:   6.25%
Reverse Repo rate:          6.00%
Marginal Standing Facility:       6.50%
Bank Rate:  6.50%
CRR:  4.00%
SLR:   20.50%


RBI nod must for firms to issue masala bonds
The Reserve Bank of India on Wednesday said its forex department would henceforth examine proposals of companies before they could issue masala bonds to raise funds from overseas markets. 
  • The changes come as part of RBI’s norms on external commercial borrowings, trade credit, borrowing and lending in foreign currency. Masala bonds are catching up fast as a source of raising funds.


SEBI gets nod for MoU with Iran, EU counterparts
The Union Cabinet recently gave its nod for Securities and Exchange Board of India (SEBI) to enter into two separate memoranda of understanding (MoU) with securities market regulators of the European Union and Iran.
  • These MoUs are expected to strengthen cooperation between India and the respective countries on matters pertaining to securities market.


Sam Pitroda resigns as technical advisor to Odisha government
Prominent telecom engineer and policy maker Sam Pitroda resigned as the technical advisor to the Odisha government.
  • Chief Minister Naveen Patnaik accepted Pitroda's resignation, who earlier in the day had put in his papers.


K G Karmakar, Gauri Shankar appointed directors of IPPB
K G Karmakar and Gauri Shankar were appointed as Independent Directors of India Post Payments Bank (IPPB). The Appointments Committee of the Cabinet has approved their appointment to the post on the board of directors of the bank for a period of three years.
  • The IPPB has been incorporated as a public sector bank under the Department of Posts with 100 percent equity of the government of India.


Rohan Bopanna wins French Open mixed doubles title to clinch maiden Grand Slam
Indian tennis ace Rohan Bopanna and Canadian partner Gabriela Dabrowski produced a fighting performance to beat their German-Colombian opponents Anna-Lena Groenefeld and Robert Farah in the final to clinch their maiden French Open mixed doubles title in Paris, France
  • Bopanna has become only the fourth Indian to win a Grand Slam crown, after Leander Paes, Mahesh Bhupathi and Sania Mirza.



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