Current Affairs Aug 27, 2015

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01. Novak Djokovic appointed as UNICEF Goodwill Ambassador : Top seeded Serbian tennis player Novak Djokovic has been appointed as a new goodwill ambassador of the United Nations Children’s Fund (UNICEF).

02. Union Government okays 6 new SEZ proposals : Union Government has approved six new proposals 6 Special Economic Zones (SEZs) throughout the country.

03. Scientist Dr Modadugu Vijay Gupta to receive inaugural Sunhak Peace Prize: Noted Indian agricultural scientist Dr Modadugu Vijay Gupta has been chosen for the inaugural Sunhak Peace Prize. He will receive this award for his pioneering work in the blue revolution. The Sunhak Peace Prize was established at the proposal of Dr. Hak Ja Han Moon of South Korea who wished to honor and inherit the peace ideology and will of her late husband, the Reverend Sun Myung Moon, who dedicated his life to a movement that transcends race, religion, and nation for the realization of his One Global Family peace ideology.

04. Iran removed from the restricted VISA list : The Indian Government has removed Iran from the list of countries put under the restricted VISA category, indicating that it wants to reach out to the Persian Gulf nation. India sees Iran as a key supporter in the fight against terrorism.

05. Girish Sahni assumes charge as next Director General of Council of Scientific & Industrial Research (CSIR) : Dr. Girish Sahni has assumed charge as the next Director General of the Council of Scientific & Industrial Research (CSIR) and Secretary, Department of Scientific & Industrial Research (DSIR). He had been the Director, CSIR-Institute of Microbial Technology (CSIR-IMTECH), Chandigarh.

06. Three Indians named as Fellows by American Society for Metals : Three Indians and many persons of Indian-origin chosen for being named as Fellows this year by the American Society for Metals : The Indian Fellows are Pradeep Goyal, Vivekanand Kain, and Gankidi Madhusudhan Reddy. They have been nominated for these awards for their contributions in the field of materials science and engineering.

07. WTO rules against India in solar dispute with US: The World Trade Organization (WTO) has ruled against India in a dispute with the United States over its solar power program. India is planning to appeal the decision, made after the United States complained about domestic content requirements in a program aimed at easing chronic energy shortages in India.

08. RBI asks Govt to speed up reforms in banking systemThe Reserve Bank of India (RBI) warned the Government that any delay in reform of the banking system in the country would lead to greater risk in the economy. “The current stress in the banking system suggests that the real economy will not wait for the banking system, and a slow pace of reform could lead to greater, rather than lower risk residing in the banking system,” wrote RBI Governor Raghuram Rajan in his overview of the central bank’s annual report 2014-15.