Daily Current Affairs, 31st August 2017 - VISION

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Thursday, August 31, 2017

Daily Current Affairs, 31st August 2017







1) ISRO All Set to Launch IRNSS-1H
•The Indian Space Research Organisation is all set to launch PSLV-C39 carrying Indian Regional Navigation Satellite System (IRNSS-1H). The satellite will lift off from the second launch pad of the Satish Dhawan Space Centre at Sriharikota, on board the rocket PSLV C39.

•The satellite IRNSS-1H is a part of the indigenous navigation system called ‘NavIC,’ that was initially planned to have a constellation of seven satellites. ISRO's most trusted work horse PSLV, in its forty-first flight (PSLV-C39), will carry and put the 1,425 kg IRNSS-1H into the required orbit.

2) 10th India-European Union Counter Terrorism Dialogue
•India and the European Union have agreed to strengthen cooperation between their security and intelligence agencies to combat the threat of terrorism and check terror financing.

•During the 10th India-European Union Counter Terrorism Dialogue in New Delhi, the two sides deliberated extensively on combating terror financing and challenges posed by radicalization.

3) Unicity Launched World’s First ever Genomeceuticals Range of Products in India
•Unicity International, headquartered in Orem, Utah, United States has launched world's first ever Genomeceutical (gene controlling) range of products to India.

•DNA contains the biological code that defines every single protein in the body. DNA undergoes a process called transcription or gene expression that creates a "messenger" molecule, telling the body to make a specific protein.

4) Ujjivan SFB Received Scheduled Bank Status from RBI
•Ujjivan Small Finance Bank Ltd, a wholly-owned subsidiary of Ujjivan Financial Services Ltd, has been given scheduled bank status by RBI.

•Currently, Ujjivan SFB has 65 full-fledged brick and mortar branches in eight states and two Union Territories. Ujjivan SFB commenced its operations as a Small Finance Bank with effect from February 1, 2017. 

5) NTPC Signs Rs 3,000-cr Term Loan Agreement With ICICI Bank
•State-owned NTPC has signed a term loan agreement for Rs. 3,000 crore with ICICI Bank for partially funding its capital expenditure.

•The loan which has a door-to-door tenure of 15 years will be utilized to part finance the capital expenditure of NTPC. NTPC had commissioned 3,845 MW capacity and added 2,190 MW to its commercial capacity during 2016-17.

6) PV Sindhu, First Brand Ambassador for Bridgestone India
•Badminton ace PV Sindhu, who recently won Silver at the World Championship, was appointed the first brand ambassador of tyre maker Bridgestone India.

•The shuttler has signed a three year deal with Bridgestone India, a subsidiary of Bridgestone which is one of the sponsors for the Olympics 2020 in Japan. The Padma Shri recipient became the first Indian woman to win an Olympic silver medal in the Olympic Games Rio 2016.