NaMo initiated “Make in India” week In “Financial Capital”

In a bid to make Indian economy as a global manufacturing hub, PM Narendra Modi instigated “Make In India” Week at MMRDA ground in Mumbai. The Make in India week will conclude on 18 February.

  • During the inauguration of biggest business expo PM Modi was joined by the Prime Minister of Sweden Stefan Lofven, Prime Minister of Finland Juha Sipila and other dignitaries at the centre.
  • Participants – Dignitaries from 49 countries and Businesses from 68 countries.
  • This flagship event will escalate Make in India initiative and to showcase to the world the achievements of the nation in the manufacturing sector.

TRAI issued Prohibition of Discriminatory Tariffs for Data Services Regulations, 2016

Telecom Regulatory Authority of India (TRAI) had issued the ‘Prohibition of Discriminatory Tariffs for Data Services Regulations, 2016’ which favours net neutrality.

  • It also disallows service providers to offer or charge discriminatory tariffs for data services on the basis of content being accessed by a consumer.

Madhya Pradesh gets first Mega Food Park

Madhya Pradesh gets its First Mega Food Park promoted by M/s Indus mega Food Part Pvt. Ltd.It was inaugurated by Smt. Harsimrat Kaur Bada, Union Minister of Food Processing Industries.

The Mega Food Park is expected to cost Rs. 127.l 70 crore in an area of 53.78 acres.

Ashok Chawla appointed as new Chairman of TERI

The Energy and Resources Institute (TERI) board had sent its Executive Vice Chairman Dr RK Pachauri on indefinite leave and had been appointed former finance secretary Ashok Chawla as its new chairman.

  • The TERI council also inducted Ajay Mathur as the new Director General, he will operate with full executive powers
  • The leave to Dr RK Pachauri is given due to the multiple sexual harassment charges on him.

YouTube acquires BandPage for $8 million

Google owned YouTube had acquired BandPage for $8 million. BandPage is delivering photos and band info for more than 500,000 artists. BandPage was founded in 2009 with a startup of $27.6 million.

  • San Francisco-based firm, BandPage is  a music based application that allows artists to create customized fanpages within Facebook.
  • It is expected after the acquisition YouTube will provide a friendlier environment to the artists.

Note: CEO of YouTube – Susan Wojcicki

West Indies beat India to win first Under-19 Cricket World Cup

West Indies for the first time has won the ICC U-19 Cricket World Cup by defeating three time champions India by five wickets played at Mirpur (Bangladesh). In the final match West Indies team achieved the target of 146 runs set by India in in 49.3 overs. Earlier in the first inning, Indian team was bowled out for 145 in 45.1 overs.

  • Man of the match: Keacy Carty (West Indies)
  • Player of the tournament: Mehidy Hasan Miraz (Bangladesh)

Current Affair One – Liner

  • Indian-origin Harinder Sidhu has been appointed as Australian High Commissioner to India. She replaces outgoing High Commissioner Patrick Suckling.
  • Canada, United States (US) and Mexico have signed a Memorandum of Understanding (MoU) on Climate Change and Energy Collaboration to tap into energy cooperation among three countries.
  • Banaras Hindu University (BHU) founded by Freedom fighter Pt Madan Mohan Malviya has turned 100 years on 13th February 2016.
  • Scientist for the first time have discovered Gravitational Waves (GW) that were hypothesised by Albert Einstein in 1916. These waves were detected by the scientists working at two LIGO (Laser Interferometer Gravitational-wave Observatory) facilities in United States.
  • Bollywood actress Vidya Balan has been awarded with the ‘Pride of Kerala’ Award by the World Malayalee Council and Kairali TV.
  • Sushil Koirala the former Prime Minister of Nepal had passes away because of Chronic Obstructive Pulmonary Disease.
  • Padma Vibhushan awardee, eminent Malayalam poet, lyricist, professor and environmentalist O N V Kurup passed away due to cardiac arrest. He was 84.
  • Board of Control for Cricket in India (BCCI) had banned Pakistani umpire Asad Rauf was for five years. He was accused of accepting expensive gifts from bookies besides placing bets on IPL matches in the 2013 edition.