English Current Affairs 17-04-2018
-> In a bid to further boost the consumption of natural gas in the country, Indian Government is planning to set up a Gas Trading Hub/Exchange (GTHE) by October 2018. The GTHE will enable trading in natural gas and supply through a market-based mechanism instead of multiple formula driven prices.
-> First regional conference of eastern states on Water Resources took place in Bihar, Jharkhand, West Bengal, Odisha and Chhattisgarh was the participating states with the objective to resolve the water disputes among them.
-> East Godavari district in Andhra Pradesh is all set to become the country’s first ‘LED street light district’. This exercise is expected to save around 34 Million Units (MU) annually.
-> Bengaluru has emerged as the highest paying city in India, with an average annual cost to company (CTC) for talents through all levels and functions at Rs 11 lakh, as per the report of Randstad Insights.
-> The first African Land Forces Summit (ALFS) began on April 16, 2018 in Nigerian capital, ALFS 2018 is hosted by U.S. Army Africa and Armed Forces Nigeria.
-> Fashion retailer Myntra announced that it has acquired ‘Witworks’, a Bengaluru based technology startup, involved in developing smart wearable devices and their underlying software.
-> New South Wales (NSW), a southeastern Australian state, announced a two-year USD 1.58 million partnership with India to enhance Indian startup ecosystem, technology, and advanced manufacturing sectors.
-> Yes Bank has launched ‘Yes GST’, an OD (over draft) facility for Micro, Small and Medium Enterprises (MSMEs).This OD facility can be availed by an MSME against mortgage of residential or commercial property.
-> On 16th April 2018, data from Ministry of Commerce & Industry stated that, India’s annual Wholesale Price Inflation (WPI) was at 47 % in March 2018, a nine-month low, due to a fall in price of vegetables and other food and beverages.
-> Bandhan Bank has found a place in the list of the top-50 most valuable companies in terms of market capitalization (m-cap) in India.
Science and Technology
-> On April 17, 2018 (as per Indian Standard Time), US space agency National Aeronautics and Space Administration (NASA) will launch Transit Exoplanet Survey Satellite (TESS), a satellite designed to detect more exoplanets (Earth-like worlds around stars beyond our solar system).
-> Scientists at Northwestern University, USA, headed by an Indian, have developed “Memtransistor”, an electronic device that can mimic the human brain.
-> China authorities said that, China will launch Fengyun-II 09 satellite, a new meteorological satellite, in 2018 to enhance its weather forecasting capabilities.
-> The New York Times and the New Yorker won the Pulitzer Prize for public service on April 16 for explosive reporting that brought down Harvey Weinstein and spawned a cultural watershed on the issue of sexual harassment.
-> The production team of “Game of Thrones” drama will be awarded the BAFTA Special Award at this year’s British Academy Television Craft Awards.
-> Aditi Rao Hydari added another trophy to her achievements as she will receive Dada Saheb Phalke excellence award 2018 for the Best Leading Lady (Critics Award) for her memorable performance in ‘Bhoomi’.