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Daily Current affairs - September 5th, 2017 for all competitive exams

September 5 - International Day of Charity 
The International Day of Charity is observed annually on 5 September. It was declared by the United Nations General Assembly in 2012. 
  • The prime purpose of the International Day of Charity is to raise awareness and provide a common platform for charity related activities all over the world for individuals, charitable, philanthropic and volunteer organizations for their own purposes on the local, national, regional and international level.


‘Saurashtra Narmada Avataran Irrigation Yojana’ (SAUNI)
The President of India, Shri Ram Nath Kovind recently laid the foundation stone of ‘Saurashtra Narmada Avataran Irrigation Yojana’ (SAUNI) Phase-II Link-4 in Rajkot, Gujarat.
  • SAUNI stands for Saurashtra Narmada Avtaran Irrigation, a project launched in September 2012. SAUNI envisages filling 115 major dams of the arid Saurashtra region by diverting floodwaters overflowing from the Sardar Sarovar Dam across the Narmada in south Gujarat.


Social media campaign to promote Geographical Indications
The Cell for IPR Promotions & Management (CIPAM) under the aegis of Department of Industrial Policy and Promotion (DIPP), Ministry of Commerce and Industry, has launched a social media campaign to promote Indian Geographical Indications (GIs) with #LetsTalkIP which is an ongoing movement initiated by CIPAM to make more people aware about the importance of Intellectual Property Rights.
  • A Geographical Indication or a GI is a sign used on products that have a specific geographical origin and possess qualities or a reputation that are due to that origin.


CERT-In issues alert on ‘Locky Ransomware’
The Indian Computer Emergency Response Team (CERT-In) has issued an alert about spread of a new malicious software ‘Locky’, which is being circulated through spam messages that can potentially lock computers and demand ransom for restoring access to users.
  • Locky Ransomware is learnt to be demanding ransom of half bitcoin, which at present rate is equivalent to over Rs 1.5 lakh. To target users spam e-mails showing links to fake websites is being used to spread Locky variants.


Taiwan Prime Minister Lin Chuan resigns
Taiwan’s Premier Lin Chuan resigned in a move aimed at reviving dwindling public support for the government of President Tsai Ing-wen.
  • The government’s popularity has been hit by a series of controversial policies, ranging from holiday cuts to pension reforms, as well as by worsening relations with China.


Surya Kiran- Joint India-Nepal army exercise
India and Nepal have begun their joint military exercise in Nepal. This is the 12th edition of Nepal-India joint military exercise. The exercise – Surya Kiran –is being participated by around 300 troops each side.
  • The battalion-level joint training between the two armies will focus on counter-terror operations in mountainous terrain by facilitating interoperability. Disaster management and joint operations for disaster relief will also be a part of the exercise.
  • The 11th edition of the joint exercise was held in Pithoragarh in Uttarakhand.
  • The Surya Kiran series of Exercises are being conducted annually, alternatively in Nepal and India.


BRICS declares Lashkar, Jaish as global terror groups
The Brazil-Russia-India-China-South Africa (BRICS) grouping unequivocally named Pakistan-based groups — Jaish-e-Mohammad (JeM) and Lashkar-e-Taiba (LeT) — as terror organisations, removing a key irritant in ties between New Delhi and Beijing and stepping up the fight against global extremism.
  • A joint communiqué released at the BRICS summit on Monday expressed concern about the regional security situation and listed the Taliban, IS/Daesh, Al-Qaeda and its affiliates, including the Eastern Turkistan Islamic Movement, the Islamic Movement of Uzbekistan, the Haqqani network, Lashkar-e-Taiba, Jaish-e-Mohammad, TTP and Hizb-ut-Tahrir as sources of violence.


BRICS Leaders’ Xiamen Declaration
9th BRICS summit was recently held in Xiamen, China. This is the second time the China has hosted the summit after the 2011 summit. At the end of the summit, Xiamen declaration was adopted by the leaders of the five countries.
  • BRICS countries will strive towards broad partnerships with emerging markets and developing countries, and pursue equal-footed and flexible practices and initiatives for dialogue and cooperation with non-BRICS countries, including through BRICS Plus cooperation.
  • BRICS countries have resolved to promote the development of BRICS local currency bond markets and to jointly establish a BRICS local currency bond fund and also to facilitate financial market integration.
  • They have also committed to strengthen BRICS cooperation on energy and work to foster open, flexible and transparent markets for energy commodities and technologies.


New camera can see through human body
Scientists in the U.K. have developed a camera that can see through the human body and track the medical tools known as endoscopes that are used to investigate a range of internal conditions.
  • The device, developed by researchers at the University of Edinburgh and Heriot-Watt University in the U.K., is able to detect sources of light inside the body, such as the illuminated tip of the endoscope’s long flexible tube.
  • The camera takes advantage of advanced technology that can detect individual particles of light, called photons.


RBI includes HDFC Bank in the ‘too big to fail’ list
After adding the State Bank of India and private lender ICICI, the Reserve Bank of India has listed HDFC to systemically important banks list.
  • The addition means that HDFC has now being considered as too big to fail bank. Since 2015, the central bank has been identifying banks whose failure would impact the whole financial system. 
  • These banks are subject to more rigorous regulation and capital requirement.


DBS Bank gets RBI nod for India subsidiary
Singapore-based DBS Bank received in-principle approval from the Reserve Bank of India (RBI) to convert its India operations into a locally incorporated, wholly-owned subsidiary (WOS).
  • DBS was the first foreign lender to seek RBI approval for local incorporation in 2014 after the central bank revised the guidelines for foreign banks.


Manish Gupta replaces Mukul Roy in panel
The Trinamool Congress has removed its senior MP Mukul Roy from the parliamentary consultative committee of the Home Ministry, replacing him by its Rajya Sabha member Manish Gupta. 
  • A letter to this effect has been submitted to the Ministry.


Star India bags IPL deal for Rs. 16,347 cr.
Star India made a strong business statement on Monday with its strategic decision to pitch for the Indian Premier League’s global media and digital rights with a single-band sum of Rs. 16,357.50 crore.
  • The television rights holder for the first 10 years — Sony Pictures Network (SPN) India, which paid Rs. 8,200 crore in 2008 — fell by the wayside.
  • Star India, which owns the BCCI’s global media rights for home internationals, the ICC media rights for the 2015-2023 cycle and a number of other sports properties in India, used its footprint across continents and its widely accessed digital arm HotStar to land the winning bid.



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