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Current Affairs Today: June 27 2015

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Dear Readers, We cover some important news in Current Affairs Today Section, which are not covered in Daily Detailed News, More Current Affairs coverage will help you to Score Good Marks in Competitive Exam.

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Indian Affairs 

Doordarshan partners with IB to produce serial on police martyrs

  • Doordarshan has entered into an alliance with the Intelligence Bureau (IB) to produce a 13-part serial on police martyrs.
  • For the first time in the country, a public service broadcaster and an intelligence agency will be collaborating.
  • Five incidents chosen for the 13 episodes — the Mumbai siege in 2008; the Parliament House attack on December 13, 2001; the attack on the Akshardham Temple in Gujarat and the attack on the Raghunath temple in Jammu in 2002; and the killing of 10 CRPF personnel by the Chinese Army in Ladakh on October 21, 1956.
  • Modi earlier said that media should project good image on police and security forces

Centrally sponsored schemes likely to be reduced to 30

  • A Chief Ministers’ Sub-Group of NITI Aayog reached a broad consensus on reducing the number of centrally sponsored schemes (CSS) to 30 from 72.
  • The panel also recommended to increase the share of flexi funds to 25 per cent from the current 10 per cent.

Swaraj arrives in Thailand for World Sanskrit Conference

  • External Affairs Minister Sushma Swaraj arrived at Bangkok for the 16th World Sanskrit Conference beginning tomorrow in which over 600 scholars from 60 countries will participate.
  • She will be the guest of honour during the inaugural ceremony and will deliver her speech in Sanskrit.
  • The two countries will also sign an MoU on establishment of Nalanda University.

International Affairs 

Sri Lankan Parliament dissolved

  • The Seventh Parliament of Sri Lanka has been dissolved with immediate effect.
  • It lasted for a little more than five years. General elections will be held on August 17.
  • The dissolution took place 10 months ahead of the completion of the present House.


Ramesh V. Katti elected DCC bank president

  • Ramesh V. Katti was elected as president of District Central Co-operative Bank, Belagavi.
  • Mr V Katti who is a former Lok Sabha member from Chikkodi, is elected for five years.

Banking & Finance 

Reliance, ICICI to manage Rs 60,000-cr coal PF corpus

  • Reliance Capital Asset Management Company (RCAM) and ICICI Securities Primary Dealership have been selected to manage Rs 60,000 crore provident fund corpus of coal industry workers.
  • RCAM and ICICI have out-bided the other participants: SBI, UTI. There are 4.5 lakh members under the Coal Mines Provident Fund Organisation (CMPFO). Previously, a parliamentary panel has expressed its reservations about CMPFO not parking the funds in “an appropriate manner” and even suggested referring the matter to a central investigating agency. CMPFO functions under the Ministry of Coal, it is an autonomous organisation governed by the Board of Trustees.

RBI extends deadline for exchanging pre-2005 currency notes

  • Reserve Bank of India extended the deadline for exchanging pre-2005 currency notes of various denominations, including of Rs 500 and Rs 1,000, by six months till December 31, 2015. Till then these notes would remain as legal tender.
  • Previously in December 2014, RBI had set the deadline as end of June
  • To exchange the old notes, people can either deposit the old design notes in their bank accounts or exchange them at a bank branch
  • Pre-2005 notes are being removed as they have less security features and to bring out black money

Difference between pre and post 2005 notes:

  • The currency notes issued before 2005 do not have the year of printing on the reverse side
  • In notes issued post 2005, the year of printing is visible at the bottom on the reverse.

Science & Technology 

Project Sidekick: NASA and Microsoft joint project

Project Sidekick is a collaborative project between Microsoft and NASA to use augmented reality devices such as Microsoft HoloLens to aid in space exploration.  NASA plans to launch the first pair of HoloLens aboard the SpaceX CRS-7 launch to the International Space Station on June 28, 2015.

Currently the project plans to use Microsoft HoloLens to aid astronauts on the International Space Station, but it will also be used on the Aquarius laboratory and in Mars exploration.

The project has two modes of operation:

  • Remote Expert Mode: Through this, astronauts will be able to communicate their first-person perspective (others can see what astronauts in space are seeing) and receive instruction over Skype.
  • Procedure Mode: It allows NASA to relay instructions to astronauts more effectively. The instructions would be projected on top of objects allowing the user to learn procedures more quickly. These instructions can be animated and will be holographic with applications including assisting repairs, scientific experiments, and construction.


Satnam Singh: First Indian to be drafted by an NBA team

  • Satnam Singh Bhamara became the first Indian player to be drafted in the National Basketball Association (NBA).
  • Cricket icon Sachin Tendulkar and Bollywoood superstar Amitabh Bachchan congratulated the 19-year-old Punjab lad Satnam for his achievement.

ICC steps up anti-corruption measures

International Cricket Council (ICC) decided to adopt the recommendations of an Integrity Working Party which had been called to review the global risks for international and domestic cricket from corruption.

Adopted recommendations are:-

  • Anti-Corruption Unit will be the central focal point for all anti-corruption activities in international and domestic cricket and have enhanced intelligence capabilities.
  • The ACU would serve as the central coordinator for multi-jurisdictional cases.


Kumar Sangakkara to Retire From International Cricket After Second Test Against India

  •  Sri Lankan batsman Kumar Sangakkara has decided to call it a day and will retire during the home test series against India in August.
  •  The 37 year old batting great is the current world leading Test run-getter. He has scored 12,305 runs and 38 centuries which is most by any batsman still playing Tests.

Anand comes second in Norway Chess 2015 title

  • Veselin Topalov from Bulgaria won the Norway Chess 2015 title in Stavanger, Norway
  • Viswanathan Anand had to conted with runnerup position as the title clash resulted in a quick draw.
  • World champion and Norwegian Magnus Carlsen had a disappointing tournament, finishing in the distant 7th
  • Another Indian Anish Giri finished 4th