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DAILY ANALYSIS OF THE HINDUU 28TH JANUARY 2017 DAILY ANALYSIS OF THE HINDU N 10 MINUTES Presented By
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PRACTICE QUESTION What is the India's rank in the list of "Eight Great Powers of 2017", as per The Americarn Interest magazine? a) 6th b) 8th c) 7th d) 5th Post your answers below! (without googling) Yesterday's answer- C. Assam
NATIONAL NEWS avy rejects Tejas, begins global sea With a setback to Indigenous production programme after navy rejecting naval variant of Tejas, global search for carrier-based multi-role fighter aircraft begins. . . The Tejas is an Indian single-seat, single-jet engine, multi-role light fighter designed by the Aeronautical Development Agency (ADA) (for design and development of aircraft) and Hindustan Aeronautics Limited (HAL) for the Indian Air Force and Navy Carrier based multi role aircraft is version of aircraft that can have its flight from aircraft-carrier and can perform multi roles, important being combat one . oldiers can . Several soldiers had publicly aired their grievances on social media . The Chief of the Army Staff, General Bipin Rawat, has announced a ow rim WhatsApp number (9643 300008) through which soldiers can complain to him directly
Farmers' deaths, a human rights issue: Supreme Court Supreme Court: Asked the Centre and the States to explain whether there was a lifeline, includ ng a comprehensive insurance plan, tor farmers to end the vicious circle plaguing the agriculture sector It was alarmed that crop failure and natural calamities were driving debt-ridden farmers across the country to take their lives Termed the death of farmers due to crop losses a human rights issue Asked why the government had not yet formulated a national policy to protect the lives of the country's bread-winners The court was hearing a petition filed by the NGO, Citizens Resource and Action and Initiative, seeking a compensation of Rs 5 lakh each for the families of 692 farmers who committed suicide in Gujarat between January 2003 and October 2012 The petition also sought financial relief from the government for farmers facing drought It pleaded for a humane agricultural policy, taking into consideration the probable loss of crops, to help farmers tide over a drought-like situation . . . Pakistan govt urged to ensure 8th wonder tag to Kanishka Stupa News: A prominent U.S.-based historian and scholar has urged the Pakistan government to engage the UNESCO to declare the ancient Buddhist monument Kanishka Stupa as the eighth wonder of the world .The stupa which once existed in Peshawar deserves to be declared the 8th wonder because of its remarkable construction structure, its testament to the creativity of hard work of human being and its mention in historic books
Aadhaar covers 99% of adults in India: Prasad Govts claims on Aadhar: More than 111 crore people now have an Aadhaar number, covering more than 99% of the Indian adult population Enrolment for Aadhar has increased to 7-8 lakh per day post demonetisation, against 5-6 lakh till October There has also been an increase in use of Aadhaar-enabled payments systems from 2.57 crore transactions in October 2016, to 2.69 crore in November, to 3.73 crore in December and to 2.06 crore transactions in the first 15 days of January 22 states and UTs have more that 90% Aadhaar saturation . The Aadhaar-Enabled Payment System (AEPS) is now connected with 119 banks More than 33.87 crore transactions have taken place using the platform, mainly in Massive protest in Mangaluru against ban on Kambala across the country the rural areas . News: Residents of coastal Karnataka joined hands with the Dakshina Kannada Udupi Kambala Samithi to form a human chain in protest against the ban on Kambala, the traditional buffalo slush track race, in Mangaluru Kambala is an annual Buffalo Race (he-buffalo) held traditionally under the sponsorship of local land lords and households or Patel of village, in coastal Karnataka The Kambala season generally starts in November and lasts till March . .
e world's biggest volc Researchers have decoded what triggered one of the largest volcanic eruptions witnessed by mankind about 73,000 years ago, when extraordinary volumes of volcanic ash were ejected into the atmosphere and covered vast areas in India and Indonesia The volcano's secret was revealed by geochemical clues hidden inside volcanic quartz crystals. Normally volcanoes are thought to heat up atmosphere but it is the sulphur dioxide and ash content that forms reflective layer in atmosphere that reflects sunlight back into space. This in turn provides cooling effect on atmosphere The deadliest volcanoes on Earth are called super-volcanoes, capable of producing cataclysmic eruptions that devastate huge regions and cause global cooling of the climate. Quartz crystals that grow in the magma register chemical and thermodynamically changes in the magmatic system prior to eruption, similar to how tree rings record climate variations The explanation behind these chemical signatures is that the magma melted and assimilated a large volume of a local rock This rock type also often contains a lot of water, which may be released into the magma, producing steam, and thereby an increased gas pressure inside the magma chamber This rapidly increased gas pressure eventually allowed the magma to rupture the overlying crust, and send thousands of cubic kilometers of magma into the atmosphere, scientists said . Supervolcano Erupting . and Pyroclastic Materials eraling Layers of Lava and Pyroclastic . . Country Rock Magma Chamber .
INTERNATIONAL NEWS Trump, May renew 'special' U.S.-Britain bond . President Donald Trump and Britain's Prime Minister Theresa May met on Friday to renew what the new U.S. leader described as the "most special relationship" between their nations. Ms. May says Trump vowed "100%" support for NATO Earlier- Margaret Thatcher put up with Ronald Reagan's invasion of Grenada, a Commonwealth country. Tony Blair's eagerness to be close to George W. Bush cost him European allies and took Britain into the Iraq war. But Mr Trump is different. Whereas Reagan and Mr Bush cherished the economic and security order in which Britain was a junior partner, Mr Trump threatens it. Because Brexit compels Britain's leaders to show that the country has powerful allies. And Mrs May is desperate to line up a Britain-America trade deal that can be closed as soon as Brexit takes place, probably in 2019 . Syria peace talks in Geneva pushed back, says Russia UN-hosted negotiations on the Syrian conflict planned for February 8 in Geneva have been postponed until the end of that month, Russian Foreign Minister Sergei Lavrov said. . The date of February 8 has been put back until the end of next month" Mr. Lavrov told a meeting with minor Syrian Opposition representatives in Moscow to discuss peace talks in Kazakhstan that ended on 24th January without a major breakthrough. The Geneva peace talks on Syria, also known as Geneva III, are intended peace negotiations between the Syrian government and opposition in Geneva under the auspices of the UN. (Link-Astana talks) .
BUSINESS NEWS 1V is The Centre has reiterated that the General Anti Avoidance Rules will come into force on April 1 It has ignored industry's suggestion to defer the rules on account of uncertainty over their applicability and to provide adequate time to prepare for the new regime . . About General anti-avoidance rule (GAAR) It is an anti-tax avoidance Rule of India Itis framed by the Department of Revenue under the Ministry of Finance It was originally proposed in the Direct taxes code 2010 Targeted at arrangement or transactions made specifically to avoid taxes The regulation allows tax officials to deny tax benefits, if a deal is found without any commercial purpose other than tax avoidance . It allows tax officials to target participatory notes. Under GAAR, the investor has to prove that the participatory note was not set to avoid taxes It also allows officials to deny double taxation avoidance benefits, if deals made in tax havens like Mauritius were found to be avoiding taxes It was considered controversial because it had provisions to seek taxes from past overseas deals involving local assets retrospectively- Example- Vodafone case
BUSINESS NEWS ac to lift world trade rm WTO: A trade accord that will boost global exports by $1 trillion should come into force within two weeks The Trade Facilitation Agreement (TFA): It will have a major impact on poorer countries, because it standardises and simplifies customs procedures, slashing the time, cost and complexity of taking goods over borders .In the WTO's history, it is the biggest agreement ever reached .Estimates: Once fully implemented, this could have an impact of around 2.7 percentage points on trade expansion throughout the world every year until say 2030, and half a percentage point of GDP growth around the world Where a product may previously have taken 6-7 weeks to arrive, the waiting time should be cut to a few days . Hubballi set to house cuntr's biges tartalp inacahariethe countys biggestincubation centre for startups Hubballi, a Tier-2 city in north Karnataka, is all set to have the country's biggest incubation centre for startups The incubation centre, called Sandbox Startups, will push Hyderabad to the second spot when it gets completed in September The centre was launched in 2008 and is now being expanded As of now, T-Hub (Hyderabad), a unique public-private partnership project under the Government of Telangana, with its 70,000 sq.ft. space is the biggest incubation centre in the country . . . The Hubballi centre will have a total space of 82,000 sq.ft.