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Daily Current affairs - April 26th, 2018 for all competitive exams


April 26 - World Intellectual Property Day
April 26th world is celebrating World Intellectual Property Day.
  • The day is celebrated to learn about the role that intellectual property rights (patents, trademarks, industrial designs, copyright) play in encouraging innovation and creativity.
  • Theme for this year: Powering change: Women in innovation and creativity
The event was established by the World Intellectual Property Organization (WIPO) in 2000 to "raise awareness of how patents, copyright, trademarks and designs impact on daily life" and "to celebrate creativity, and the contribution made by creators and innovators to the development of societies across the globe".26 April was chosen as the date for World Intellectual Property Day because it coincides with the date on which the Convention Establishing the World Intellectual Property Organization entered into force in 1970.


HRD Ministry launches 2nd edition of Unnat Bharat Abhiyan
The Ministry of Human Resource Development, HRD launched the second edition of the Unnat Bharat Abhiyan under which students from 750 higher educational institutions from across the country will adopt villages and visit them to get acquainted with lifestyle of people there and the problems faced by them.
  • Under the Unnat Bharat Abhiyan 2.0, the institutions have been selected on a Challenge Mode and the scheme has been extended to 750 reputed Higher Educational Institutes (both public and private) of the country.
  • IIT Delhi has been designated to function as the National Coordinating Institute for this programme and the Ministry intends to extend the coverage to all the reputed Higher Educational Institutes, in a phased manner. Each selected institute would adopt a cluster of villages / panchayats and gradually expand the outreach over a period of time.
Unnat Bharat Abhiyan is a flagship programme of the Ministry of Human Resources Development, with the intention to enrich Rural India.
It aims to leverage the knowledge base and resources of the Premier Institutions of the country to bring in transformational change in rural developmental process.


NITI Aayog launches Atal New India Challenge
Atal Innovation Mission (AIM), under the NITI Aayog, launched the Atal New India Challenge.
  • Under the Atal New India Challenge, AIM will invite prospective innovators/MSMEs/start-ups to design market-ready products, using cutting edge technologies or prototypes across 17 identified focus areas such as Climate Smart Agriculture, Smart Mobility, Predictive Maintenance of Rolling Stock, Waste Management etc.
The Atal Innovation Mission (AIM) is Government of India’s flagship initiative to promote a culture of innovation and entrepreneurship in the country.
AIM is mandated to create an umbrella structure to oversee innovation ecosystem of the country and revolutionizing the innovation eco-system – touching upon the entire innovation life cycle through various programs.


Bhabha Kavach developed by BARC
Bhabha Kavach is an armour panel developed by BARC which gives personal protection against bullets of different threat levels.
  • Bhabha Kavach made up of BARC Nano-Sheets are lighter in weight with reduced trauma level with respect to the existing jackets.
  • The jacket is made using extremely hard boron carbide ceramics that is hot-pressed with carbon nano-tubes and composite polymer.


Indo-Malaysian joint military exercise 'Harimau Shakti' held
As part of ongoing Indo-Malaysian defence cooperation, a joint training exercise Harimau Shakti will be conducted in the dense forests of Sengai Perdik, Hulu Langat, Malaysia.
  • The exercise is aimed at bolstering cooperation & coordination between armed forces of both the nations and to share the expertise of both the contingents in the conduct of counter insurgency operations in jungle terrain.


New theme park in Japan will pay tribute to Miyazaki
The fantasy world of Oscar-winning animator Hayao Miyazaki will come to life as a theme park set to open in central Japan in 2022
  • Studio Ghibli has released a basic concept for the vast park to be built by 2022 near Nagoya in Japan’s Aichi region. It will feature rides and forest trails based on the master animator’s popular fantasy films, including My Neighbor Totoro , Kiki’s Delivery Service and Howl’s Moving Castle
Mr. Miyazaki is the co-founder of Studio Ghibli, Japan’s premier animation studio, and renowned internationally for works including Princess Mononoke andSpirited Away .


Indus Towers, Bharti Infratel merging to become largest tower company outside China
Indus Towers and Bharti Infratel Ltd agreed to combine operations in a deal that will create the world’s second-largest mobile masts company.
  • The combined company, which will lag only China Tower, will remain listed on Indian bourses.
  • It will have a nationwide presence with more than 163,000 towers, the owners of both companies said in a joint statement.
  • Top Indian telecoms carrier Bharti Airtel, the majority owner of Bharti Infratel, will end up with a stake of 33.8 percent to 37.2 percent.


NSE Launches e-Gsec Platform for Bringing Retail Participation in Government Securities
National Stock Exchange of India (NSE) has announced the launch of its "e - Gsec" platform for facilitating the non-competitive bidding in Government of India Dated Securities (G-Sec) and Treasury Bills (T-Bills).
  • This will allow retail investors to invest in Government Securities and hold them in existing demat accounts.
  • The non-competitive bidding facility was introduced by the Reserve Bank of India (RBI) to encourage retail participation in the primary market for Government Securities.
NSE began operations in 1994 and is ranked as the largest stock exchange in India in terms of total and average daily turnover for equity shares every year since 1995, based on annual reports of SEBI. Mr. Ashok Chawla is the Chairman of the Board of Directors of NSE and Mr. Vikram Limaye is the Managing Director and CEO of NSE.


NSE launches Nifty Equity Savings Index for mutual funds
NSE’s index services subsidiary, India Index Services & Products Limited, has introduced Nifty Equity Savings Index, which can serve as a benchmark for equity savings funds offered by various mutual fund houses.
  • The index captures the performance of a portfolio having exposure to equity, equity arbitrage and debt instruments and is similar to the investment philosophy of equity savings funds


Microsoft is India's Most Attractive Employer: Randstad Survey
Technology giant Microsoft India has been declared the most attractive employer brand, followed by e-commerce giant Amazon India. The winners were named by HR service provider Randstad's Employer Brand Research (REBR) 2018.
  • Sector-wise, Tata Consultancy Services is most favoured in IT, while Larsen & Toubro tops Infrastructure & Construction and Hindustan Unilever emerges the winner in FMCG.


World press freedom index report: India ranks 138th, Norway tops
According to the 2018 World Press Freedom Index compiled by Reporters Without Borders (RSF), India has ranked 138th (falling 2 positions down from 136th in 2017). 
  • The list has been topped by Norway. North Korea was at the bottom-most position (180th) in the list.
  • The Top 3 countries in World Press Freedom Index Report are: Norway, Sweden and The Netherlands.
World Press Freedom Index Published every year since 2002 by Reporters Without Borders (RSF), the World Press Freedom Index is an important advocacy tool based on the principle of emulation between states.


2018 Secure India Conclave held in New Delhi
The 2018 Secure India Conclave organised by Global Counter Terrorism keeping in view Prime Minister Narendra Modi’s vision of New India: Secure India 2018, held in New Delhi.
  • The event presents a unique encapsulation of prevalent issues in India’s internal security and would serve as a current and exhaustive update for those attending the conclave.


23rd meeting of Zonal Council held in Gujarat
The 23rd meeting of the Western Zonal Council was recently held at Gandhinagar, Gujarat and the Union Home Minister Shri Rajnath Singh chaired the meeting.
  • Zonal councils have been established by the Parliament to promote interstate cooperation and coordination. They are statutory bodies established under the States Reorganisation Act 1956 and not constitutional bodies.
They are only deliberative and advisory bodies.
1.     The Northern Zonal Council, comprising the States of Haryana, Himachal Pradesh, Jammu & Kashmir, Punjab, Rajasthan, National Capital Territory of Delhi and Union Territory of Chandigarh.
2.     The Central Zonal Council, comprising the States of Chhattisgarh, Uttarakhand, Uttar Pradesh and Madhya Pradesh.
3.     The Eastern Zonal Council, comprising the States of Bihar, Jharkhand, Orissa, and West Bengal.
4.     The Western Zonal Council, comprising the States of Goa, Gujarat, Maharashtra and the Union Territories of Daman & Diu and Dadra & Nagar Haveli.
5.     The Southern Zonal Council, comprising the States of Andhra Pradesh, Karnataka, Kerala, Tamil Nadu and the Union Territory of Puducherry


Indu Malhotra cleared for Supreme Court judge
The government has cleared the appointment of senior advocate Indu Malhotra as a Supreme Court Judge.
  • Law Ministry sources said, she will be the first woman judge to be appointed to the top post directly from the bar.
  • In 2007, Ms Malhotra, was only the second women to be appointed a senior advocate by the apex court, three decades after Leila Seth made the history.
  • Ms Malhotra, a renowned arbitration expert, is likely to take oath as apex court judge on April 27, 2018.


Mario Abdo Benitez elected new President of Paraguay
Mario Abdo Benitez won the presidential election conducted in Paraguay. He belongs to the ruling Colorado Party.
  • He had secured 46.5% of the votes, with 96% of 21,000.
  • Efrain Alegre of the Authentic Radical Liberal Party came second with 42.7% of the votes. Mario Abdo Benitez’s 5-year term begins on 15th August 2018.


Pakistan, India set to clash again in ICC Cricket World Cup 2019
India will square off against Pakistan at Old Trafford on June 16 in one of the much-awaited clashes of the ICC World Cup 2019.
  • India will meet Pakistan two years after their clash in the finals of the 2017 ICC Champions Trophy.
  • The most prestigious event will begin with a clash between England and South Africa at The Oval, London on May 30.


IPL 2019 will be a shift to UAE due to 2019 national elections
The next season of the IPL will be partly shifted to the UAE due to the general elections next year.
  • It is learnt that an informal discussion in this regard took place between the BCCI and the Emirates Cricket Board.
  • The league will start from March 29 to May 19. This paper has learnt that in 2014, the IPL had to pay $150,000 per match day (one match) to the Emirates Cricket Board.

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