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Dear Readers
The one liner of the week is a recap of the important happenings that occurred between 12 June and 18 June 2017. The important happenings of the week covered in this segment include 17th Shanghai Co-operation Organization (SCO) Submit, Yoga Parks to be Established Across India and Committee to look into various demands of farmers among others.

BANKING & ECONOMY

  • Canara Bank has tied up with New India Assurance Company (NIACL), which is general insurance company, to sell policies through its Branches.
  • The Indian Overseas Bank launched Retail Mart, a Retail lending concept with aim to complete all the pre-release formalities at the customer’s doorstep and sanction quality retail loans at a competitive rate of interest with a minimum turnaround time, in Kerala.
  • Mumbai based Axis Bank has become to first to launch Bio-degradable Prepaid Gift Cards.
  • NITI Aayog launched SATH (Sustainable Action for Transforming Human Capital) program for cooperative federalism.
  • The Insurance Regulatory and Development Authority of India (IRDAI) has taken over the administration of Sahara India Life Insurance. This is a first of its kind move in the insurance sector.
  • Vijaya Bank is going to develop 100 Digital Villages across the country to promote digital banking among the rural population.
  • RBI will issue new Rs. 500 bank note with inset letter A.
  • According to the Code Compliance Rating of Banks done by the Banking Codes and Standards Board of India (BCSBI) 2017, only one IDBI Bank out of 26 public sector banks and eight out of 17 private sector banks got ‘high’ rating for their adherence to code compliance.
  • Yes Bank partners with TerraPay for Faster international remittance.
  • RBI has placed Central Bank of India under Prompt Corrective Action (PCA) which puts restriction on Banking activities. So far, RBI has Triggered PCAs for 4 Banks- UCO Bank, DENA Bank, India Overseas Bank and Central Bank earlier.


NATIONAL NEWS

  • Civil Aviation Minister Jayant Sinha launched a digital experience for Air Travelers through
  • ‘DigiYatra’ Platform in New Delhi.
  • France and the European Union have extended a grant of 3.5 million Euros under the ‘Moblise Your City (MYC)’ initiative. Three Indian cities- Ahmedabad, Kochi and Nagpur will grant as part of the EU’s commitment under the Paris Climate agreement. MYC aims to extend help to 100 cities globally to reduce Green House Gas Emission.
  • The First-ever Indian Railways Human Resources Round Table Conference has started in New Delhi.
  • The President of India, Pranab Mukherjee launched a mobile application ‘Selfie with Daughter’ with aims at rising awareness among people about female feticide and sex selection.
  • Padmalaya Nanda has won the 2017 Little Miss Universe Internet Beauty contest in Georgia.
  • India’s first canal top Solar PV system at NTPC Mouda Thermal Power Project, Maharashtra.
  • India to be Co-partner Country in ANUGA 2017- An International business platform for food industry held in Colonge, Germany.
  • Railway Ministry launches Mission Retro-Fitment to enhance the passenger experience.
  • The Ministry of Health and Family Welfare has launched the Intensified Diarrhea Control Fortnight (IDCF) in order to intensify efforts to reduce child death due to Diarrhea.
  • ADB has approved USD 150 million equity investment loan to the India Infrastructure fund.


STATE NEWS

  • Bihar’s ‘Project Jal Sanchay’ Chosen for National Award.
  • Arunachal Pradesh demands Separate Time Zone to increase Efficiency.
  • Chennai based CSIR-Structural Engineering Research Centre (SERC) Develops Easy-to-Assemble Toilet.
  • Kolkata, the ‘City of Joy’ is about to experience a wonder in the form of an underwater metro train which will run beneath the Hooghly river.
  • The 22nd edition of European Union Film Festival (EUFF) has started at Siri Fort Auditorium in New Delhi with an aim to improve cultural ties between India and European countries.
  • The Union Minister of State (Independent Charge) for Development of North Eastern Region (DoNER), Dr. Jitendra Singh launched “Hill Area Development Programme” (HADP) for Northeast in Imphal, Manipur.
  • The second edition of National Health Editors Conference on Yoga -2017 was inaugurated by the Minister of State for AYUSH (Independent Charge) Shripad Yesso Naik in New Delhi.
  • The Kerala Government unveiled 'Anuyatra' an empowerment programme for the differently abled persons.
  • Telangana launches PashuBazar website for online cattle sale.
  • Bihar govt. will carry out a social audit of the Public Distribution System to determine effective implementation of the Right to Food Act, 2013 in the state.
  • Punjab govt. will start free mortuary van service for citizens.
  • According to latest Child Rights and You (CRY) report 2017, Uttar Pradesh has the highest number of child labourers.


INTERNATIONAL NEWS

  • China has launched the World’s largest floating solar form.
  • China launched 1st X-ray space telescope to study black holes, pulsars and gamma-ray bursts.
  • 2017 Shanghai Cooperation Organization (SCO) summit hosted in Astana.
  • Nepal has tied up with China to build Budhi-Gandaki Hydropower Project (1200MW).
  • World’s smallest and cheapest private jet ‘Vision Jet’ launched in USA.
  • G7 Environment ministers meeting 2017 held in Bologna, Italy.
  • World Bank approves $500 million for Afghanistan to boost economy.


SCIENCE & DEFENSE

  • DRDO has successfully tested fired anti-tank missile 'Nag' in a desert in the western sector of Rajasthan under the Integrated Guided Missile Development Program (IGMDP).
  • North Korea launched multiple surface-to-ship missiles from the vicinity of Wonsan, Gangwon Province.
  • India-Australia Naval exercise “AUSINDEX 17” began at the coast of Western Australia.


RANKING & COMMITTEE

  • Quacquarelli Symbods (QS) World Universities Ranking 2018:
  • World’s Best University: Massachusetts Institute of Technology (MIT)
  • Three Indian universities among 959 universities: The Indian Institute of Technology (IIT)- Bombay (179), IIT-Delhi (172) and Indian Institute of Science (IISc) Bengaluru (190)
  • The expert committee has been constituted to study free movement along Myanmar border named as Rina Mitra committee.
  • GII Ranking: India 60th Most Innovative globally and Switzerland tops the list.

APPROVALS AND MOU

  • IT Minister Ravi Shankar Prasad Launched the Tele-Law Portal across the CSC (Common Service Centres) Network connecting the Citizens to legal service providers via video conferencing.
  • India and Mauritius have signed a MoU to institutionalize corporation between Parliaments.
  • Nalanda University has signed MoU with South Korea’s Academy of Korean Studies for academic linkages and collaborations.


APPOINTMENTS

  • New Ireland’s youngest PM - Leo Varadkar
  • Part-time chairman of Lakshmi Vilas Bank  - B K Manjunath
  • New Independent Directors of India Post Payments Bank - K G Karmakar and Gauri Shankar
  • New director of the Federal Bureau of Investigations (FBI) - Christopher Wray
  • 2017 NASA Astronaut Candidate Class - Lt Col Raja Grinder Chari
  • New MD & CEO of National Stock Exchange(NSE) - Vikram Limaye
  • First Sikh to be elected to the British  Parliament’s House of Commons - Preet Kaur Gill
  • First Indian Woman member of ITLOS - Neeru Chadha


BOOKS AND AUTHOR

  • Indira Gandhi-A Life in Nature  -  Jairam Ramesh
  • Yog Purush, Bharat Ratna, Atal JI  - Ex-Uttrakhand CM R. Pokhriyal


AWARDS

  • Man Booker Prize - Israeli Author  - David Grossman
  • France Highest Legion d’ - Honneur Bengali actor Soumitra Chatterjee
  • Kalinga Literary Awards - Poet, essayist Haraprasad Das
  • RedInk Award-  Journalist of the Year award for 2017 - Raj Kamal Jha
  • 5th Bhupen Hazarika National Award - Writer Yeshe Dorjee Thongshi (Arunachal Pradesh)


SPORTS

  • Canadian Grand Prix - Lewis Hamilton
  • 2017 Forbes list of world’s highest paid athletes -Virat Kohli
  • 2016 AIFF Player of the Year - Jeje Lalpekhlua
  • 2016 AIFF Women’s Player of the year - Sasmita Malik
  • 2017 French Men’s Single Title - Rafael Nadal (Spain)
  • 2017 French Women’s Single Title - Jelena Ostapenko (Latvia)
  • 2017 French Men’s Double Title - Michael Venus (New Zealand) and Ryan Harrison (USA)
  • 2017 French Women’s Double Title - Bethanie Mattek-Sand (USA) and Lucie Safarova
  • 2017 French Women’s Mixed Double Title - Rohan Bopanna (India) and Gabriela Dabrowski (Canada)
  • 17th World Individual Championship for differently-abled - Shashikant Kutwal (Chess)
  • First Sri Lankan cricketer to be inducted into ICC Hall of Frame - Muttiah Muralidaran
  • 2017 Mumbai Mayor’s Cup International Open Chess Tournament - Nguyen Duc Hoa
  • Gold in ISSF World Cup - Jitu Rai and Heena Sindhu (Shooting)


TOP THREE ODI BATSMAN

  • Virat Kohli
  • David Warner (USA)
  • AB de Villiers (USA)


TOP THREE ODI BOWLERS

  • Josh Hazlewood (AUS)
  • Imran Tahir (SA)
  • Mitchell Starc (AUS)


IMPORTANT DAY

  • 8th June World Oceans Day Our Oceans, Our Future
  • 12th June World Day Against Child Labour In conflicts and disasters, protect children from child labour
  • 13th June International Albinism Awareness Day (IAAD)
  • 14th June World Blood Donor Day (WBDD) ‘Give Blood. Give Now. Give Often’
  • 17th June World Day to Combat Desertification and Drought Our Land. Our Home. Our Future.



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