Tuesday 19 September 2017
Daily Current Affair - 17th Sep. 2017
1. Astra missile's final development flight trials successful:
The indigenously developed Astra underwent a series of successful trials over the Bay of Bengal at Chandipur. The trials were carried out during September 11 to 14, a DRDO source said. More than 50 public and private industries have contributed in building the Astra weapon system.
The indigenously developed Beyond Visual Range Air-to-Air Missile (BVRAAM) — Astra — underwent a series of successful trials+ for four days over the Bay of Bengal, marking completion of its development phase.
2. 
The US Department of Treasury has imposed sanctions on a number of individuals and entities accused of aiding Iran’s nuclear program or engaging in “malicious” cyber activity. On the list are two companies based in Ukraine. The sanctions freeze any assets the individuals and companies may hold in the US and prohibit any US persons from doing business with them.
Khors Aircompany and Dart Airlines, based in Ukraine, were sanctioned for “aiding designated Iranian and Iraqi airlines through the provision of aircraft and services,” Treasury said in a statement. The companies are said to have provided Iran with airplanes of US origin.
3. Airtel Becomes India's Biggest Payment Bank:
Capitalising fully on the infrastructure of the country's largest telecom player Airtel, its payments bank, which has gone live, is banking on the 250 million strong prepaid customer base to become a formidable player. we have the first-mover advantage because we are the first to hit the ground. The roadmap is clear. We have over 250 million customers on the prepaid platform who come to 1.5 million prepaid recharging outlets. We are enabling over 600,000 of these as banking points.
4. Sardar Sarovar Dam: PM Narendra Modi Inaugurates Narmada Dam On Birthday:
Prime Minister Narendra Modi today inaugurated the Sardar Sarovar Dam on river Narmada, described as Gujarat's lifeline by BJP leaders, at an event coinciding with his 67th birthday. The foundation stone of the dam was laid on April 5, 1961 by the country's first prime minister Jawaharlal Nehru. However, it took 56 years to complete its construction. The delay in the completion of the dam was due to numerous reasons. Medha Patkar-led Narmada Bachao Andolan took the government to the Supreme Court over environmental and rehabilitation issues, and obtained a stay in 1996. The court allowed resumption of work in October 2000. The height of the dam was recently raised to 138.68 metres, which will allow maximum 'usable storage' of 4.73 million acre feet of water.
5. Suzuki to invest ₹3,900 crore in Gujarat for third car plant:
Japanese auto giant Suzuki Motor Corp. on Thursday announced fresh investments of about $0.6 billion or almost ₹3,900 crore in Gujarat to add a third car production plant at the Hansalpur facility.This will take the Japanese firm’s total investment in the facility to about ₹13,400 crore. An investment of ₹9,600 crore was committed earlier for setting up two plants besides an engine and transmission production unit.The company, along with its partners Toshiba and Denso, will also invest $180 million (about ₹1,150 crore) in a separate unit to manufacture lithium ion batteries.
Capitalising fully on the infrastructure of the country's largest telecom player Airtel, its payments bank, which has gone live, is banking on the 250 million strong prepaid customer base to become a formidable player. we have the first-mover advantage because we are the first to hit the ground. The roadmap is clear. We have over 250 million customers on the prepaid platform who come to 1.5 million prepaid recharging outlets. We are enabling over 600,000 of these as banking points.
4. Sardar Sarovar Dam: PM Narendra Modi Inaugurates Narmada Dam On Birthday:
Prime Minister Narendra Modi today inaugurated the Sardar Sarovar Dam on river Narmada, described as Gujarat's lifeline by BJP leaders, at an event coinciding with his 67th birthday. The foundation stone of the dam was laid on April 5, 1961 by the country's first prime minister Jawaharlal Nehru. However, it took 56 years to complete its construction. The delay in the completion of the dam was due to numerous reasons. Medha Patkar-led Narmada Bachao Andolan took the government to the Supreme Court over environmental and rehabilitation issues, and obtained a stay in 1996. The court allowed resumption of work in October 2000. The height of the dam was recently raised to 138.68 metres, which will allow maximum 'usable storage' of 4.73 million acre feet of water.
5. Suzuki to invest ₹3,900 crore in Gujarat for third car plant:
Japanese auto giant Suzuki Motor Corp. on Thursday announced fresh investments of about $0.6 billion or almost ₹3,900 crore in Gujarat to add a third car production plant at the Hansalpur facility.This will take the Japanese firm’s total investment in the facility to about ₹13,400 crore. An investment of ₹9,600 crore was committed earlier for setting up two plants besides an engine and transmission production unit.The company, along with its partners Toshiba and Denso, will also invest $180 million (about ₹1,150 crore) in a separate unit to manufacture lithium ion batteries.
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