1. India, Israel ink Nine Pacts on Cyber Security, Other Sectors
i. India and Israel signed nine documents to further the
cooperation. These include cooperation in Cybersecurity, cooperation in
the field of Petroleum and natural gas, document for the amendment to
the air transport agreement, cooperation in film co-production,
cooperation in the homoeopathy medicines, co-operation in the field of
space science, boosting investment, cooperation in metal-air batteries
and cooperation in solar thermal technology.
ii. The documents were signed in the presence of the two prime ministers. The two leaders also addressed a joint press conference.
Static/Current Takeaways Important for Syndicate Bank PO Exam 2018-
- Prime Minister of Israel- Benjamin Netanyahu.
- President of Israel- Reuven Rivlin.
- The Israeli Shekel is the currency of Israel.
2. Rajyavardhan Rathore launches ‘Khelo India’ Anthem
i. Sports Minister Rajyavardhan Rathore made the announcement
during the launch of the official anthem and mascot of Khelo India
School Games, beginning January 31. “Now when an athlete wins a medal
at Commonwealth Games, Asian Games and Olympics, the coach gets
incentive.
ii. The video features India's eminent sports personalities such
as Sardar Singh, Sunil Chhetri, Devendra Jhajharia, Baichung Bhutia,
Pullela Gopichand, Leander Paes, Mary Kom, Akhil Kumar, Sakshi Malik and
Saina Nehwal.
Static/Current Takeaways Important for Canara Bank PO Exam 2018-
- The anthem also aims to focus on brotherhood, equality, and solidarity in sports.
- The government of India has approved Rs 1,756 crore for a period of three years for the revamping of 'Khelo India'.
- Constituency of Rajyavardhan Rathore- Jaipur (Rural), Rajasthan.
3. Digital launch of ‘I4Fund call for proposal’ website at India-Israel Business Summit
i. The ‘I4Fund Call for Proposal’ was announced with the joint
launch of the website and the unveiling of the brochure by the two PMs
(Narendra Modi and Benjamin Netanyahu). The "India-Israel Industrial
R&D and Technological Innovation Fund (I4F)" was announced in July,
2017.
ii. Under this, the Department of Science and Technology, India
and the National Innovation Authority of Israel have established a 40
million US dollar Fund.
4. Exports rise more than 12% Riding on Engineering Goods and Petroleum Products
i. The Country's exports grew by 12 point 36 percent in December
2017 to 27 point 03 billion US dollars on account of strong performance
by sectors like engineering goods and petroleum products.
ii. According to data released by Ministry of Commerce and
Industry, exports have been on a positive trajectory since August 2016
to December 2017 with a dip of 1.1 percent in the month of October last
year. Exports of engineering goods as well as petroleum products showed
an increase of over 25 percent in December.
5. DIPP arm Launches Competition for College Students
i. Cell for IPR Promotion and Management (CIPAM), under the
Department of Industrial Policy and Promotion (DIPP), has launched a
competition for college and university students to foster a culture of
innovation and creativity in the youth.
ii. The competition - IPrism - invites students to submit films
on piracy and counterfeiting under two categories of 30 and 60 seconds.
Another category in the competition is for a mobile gaming app on
intellectual property (IP). Cash prizes of Rs 4 lakh will be given to
the winning teams along with mementos and certificates.
6. Romanian PM Mihai Tudose Resigns after Losing Party Support
i. Romania's left-wing Prime Minister Mihai Tudose resigned after
losing the backing of his party due to internal power struggles, barely
seven months after his predecessor suffered the same fate.
ii. He handed in his resignation after senior members of the
ruling Social Democrats (PSD) voted to withdraw their support at a
leadership meeting.
Static/Current Takeaways Important for Canara Bank PO Exam 2018-
- Capital of Romania- Bucharest.
- The Romanian leu is the currency of Romania.
- President of Romania- Klaus Iohannis.
7. PM Modi Inaugurates Project Commencement of Rajasthan's first Oil Refinery in Barmer
i. Prime Minister Narendra Modi has inaugurated the project
commencement of the Rajasthan Refinery at Pachpadra in Barmer district.
This is the first oil refinery in the state. The 43,000 crore rupee
project is a joint venture between HPCL and the Rajasthan government.
ii. The refinery is expected to be operational in 4 years and the
state will have an additional income of 34,000 crore rupees from it.
The project is expected to generate thousands of direct and indirect
jobs.
Static/Current Takeaways Important for IBPS Clerk Mains Exam 2018-
- Governor of Rajasthan- Kalyan Singh.
- Chairman of Indian Oil- Sanjiv Singh.
8. Indian Oil signs LoI with 2 Israeli Firms
i. Indian Oil Corporation has signed Letters of Intent (LoI) with
Phinergy, an Israeli start-up company, and YEDA, a technology spin-off
company from Weizmann Research Institute, Israel.
ii. The agreement with Phinergy will allow Indian Oil to work on
adoption of advanced energy systems for the Indian market both for
mobility and stationary industrial applications. This association could
lead to the setting up of manufacturing units for these energy systems
initially in India.
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