Daily GK Update – Current Affairs on 27th August 2018

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 India’s 1st Biofuel-Powered Flight Lands in Delhi

  • Indias 1st Bio Fuel powered flight landed in Delhi, covering the distance between Dehradun & Delhi. The Biofuel is developed by CSIR Indian Institute of Petroleum, Dehradun. It was successfully completed by Spice Jet.
  • The flight was powered by a blend of 75% air turbine fuel (ATF) and 25% bio jet fuel. The advantage of using bio jet fuel as compared to ATF is that it reduces carbon emissions and enhances fuel efficiency.

Tamil Nadu CM Lays Foundation Stone for Special Investment Region 

  • Tamil Nadu Chief Minister Edappadi K. Palaniswami laid the foundation stone for setting up of a Special Investment Region (SIR) in northern Krishnagiri district to attract investments.
  • The foundation stone for the Rs 2,420 crore projects was laid through video conferencing from the State Secretariat. The SIR would be jointly developed by GMR Infrastructures Limited and the Tamil Nadu Industrial Development Corporation Ltd (TIDCO).

Kolkata, Bhopal Top among Indian Cities in Clean Transport: CSE Survey

  • The Statistics from 14 cities across India have been analyzed by Centre for Science and Environment (CSE), the New Delhi-based think tank, to check how some cities, which hold sizeable shares of India’s urban population are positioned in the race for clean and low carbon mobility.
  • Bhopal tops for lowest overall emissions and energy use from the urban commute. The analysis titled The Urban Commute was released in Kolkata.

India Banking Conclave 2018 Held in New Delhi 

  • India Banking Conclave 2018was held in New Delhi. The India Banking Conclave 2018 was organized by Centre for Economic Policy Research (CEPR).
    Knowledge Partner of the conclave was NITI Aayog. The conclave focused on reforming the banking sector.

‘Atal Ji Ne Kaha’, a book On AB Vajpayee Launched

  • “Atal Ji Ne Kaha”is the latest of the books on the BJP patriarch and former Prime Minister Atal Bihari Vajpayee launched with a message by Prime Minister Narendra Modi.
  • The book is Authored and compiled by Brijendra Rehi.Mr. Rehi is noted Doordarshan producer and senior journalist. The book has been published by Darpan Publication.

EAM Sushma Swaraj on 4-Day Visit to Vietnam and Cambodia 

  • External Affairs Minister Sushma Swaraj began her four-day tour of Vietnam and Cambodia, with an aim to deepen India’s strategic cooperation with the two key nations in the ASEAN region. She will inaugurate the 3rd Indian Ocean Conference in Hanoi.
    In Vietnam, she will co-chair the 16th meeting of the Joint Commission along with her Vietnamese counterpart, Pham Binh Minh.

4th Asian Electoral Stakeholders Forum Begins in Colombo 

  • In Sri Lanka, the fourth Asian electoral stakeholders forum (AESF-IV)begins in Colombo to discuss the state of elections and democracy in the region. The two-day forum is being held for the first time in South Asia with support from the Election Commission of Sri Lanka and the Asian network for free elections (ANFREL).

 India-Kenya Joint Trade Committee Meeting Held in Kenya 

  • The 8th meeting of India-Kenya Joint Trade Committee was held in Nairobi, Kenya.The meeting was co-chaired by Union Minister of Commerce & Industry and Civil Aviation, Suresh Prabhu and Mr Peter Munya, Cabinet Secretary (Minister) for Industry, Trade and Cooperatives, Government of Kenya.

Asia Society to Honour PepsiCo CEO Indra Nooyi As ‘Game Changer of The Year’

  • PepsiCo’s India-born CEO Indra Nooyi will be honored with the Game Changer of the Year award by a global cultural organization Asia Society in recognition of her business achievements, humanitarian record and advocacy for women and girls around the world.

Reliance Power Unit Wins $56-million International Arbitration Award 

  • Reliance Power has announced that its wholly-owned subsidiary Reliance Power NetherlandsBV has won an international arbitration award of $56 million (Rs 390 crore) against Prestige Capital Holdings (a Seychelles-based company) and Kokos Jiang.
  • Kokos Jiang is the owner of Sugico Group in Indonesia, from whom Reliance Power had acquired the entire economic interest in three coal mining concessions in Indonesia in 2010.
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