Nation Current Affairs 27.08.17 Notes - UPSC

Nation Current Affairs 27.08.17

INTERNATIONAL

•  Google Expands Public Wi-Fi to Indonesia.

• After a successful run in India, Google has brought its public Wi-Fi programme ‘Google Station’ to Indonesia that will help improves access to Internet at railway stations and other locations.

• Google is partnering with CBN and Fiberstar to bring high-speed public Wi-Fi to hundreds of locations across Indonesia.

• Google, in collaboration with Railtel, has rolled out free Wi-Fi service at several railway stations in India, offering high-speed internet to millions of people.

• Google launched its first free WiFi services at Mumbai Central station in January 2016.

• London to Host 2018 Table Tennis Team World Cup

• England has been awarded the right to host the 2018 Table Tennis Team World Cup, which will be held in London.

• The event will take place at the Copper Box Arena in the Queen Elizabeth Olympic Park from 22-25 February.

• It will be the first major table tennis-only event to be held in London since Wembley hosted the 1954 World Championships.

• The last team World Cup was held in Dubai in 2015, in which 12 men and 12 women teams took part.

NATIONAL

• Union Government notifies Banking Regulation Amendment Act.

• The Union Government notified the Banking Regulation (Amendment) Act, 2017.
   
• The Parliament approved the Banking Regulation (Amendment) Bill, 2017 which replaced an ordinance in this regard.
   
• It empowers the Central government to authorize the Reserve Bank of India (RBI) to direct banking companies to resolve specific stressed assets.

• The RBI had identified 12 accounts each having more than Rs. 5000 crore of outstanding loans and accounting for 25% of total NPAs of banks for referral for resolution under the bankruptcy law. The bulk of the NPAs are in various sectors including power, steel, road infrastructure and textiles.
   
• India win U-15 SAFF Football Championship

• India football team won the South Asian Football Federation (SAFF) Under-15 Championship at the ANFA Complex.
   
• Bangladesh's Foysal Ahmed declared as the top scorer of the tournament.
   
• India's Vikram Pratap Singh was chosen as the Best player of the tournament.

• P V Sindhu Won Silver at World Badminton Championship 2017

• PV Sindhu won the Silver medal in World Badminton Championship 2017.
   
• She got defeated by Japan’s Nozomi Okuhara.
   
• For India, it still is a historic edition since for the first time country’s shuttler are returning with two medals.
   
• Saina Nehwal won a bronze in the same tournament.

•  Raghuram Rajan Pens Book 'I Do What I Do'.

• Raghuram Rajan is all set to publish a book 'I Do What I Do'about his tenure as Governor of the Reserve Bank of India (RBI) where he explains economic concepts and talks of issues like tolerance and connection between political freedom and prosperity.

• The book is a collection of essays and speeches during his stint as RBI head.

• This is not Mr. Rajan’s first book. He co-authored “Saving Capitalism from the Capitalists” with Luigi Zingales and wrote “Fault Lines: How Hidden Fractures Still Threaten the World Economy”, for which he was awarded the Financial Times-Goldman Sachs prize for best business book.