Current Affairs Current Affairs June 2018

 Roger Federer claimed his 98th ATP title and re-established his unrivalled superiority on grass with a victory over Milos Raonic in the Stuttgart Cup final. Top-seeded Swiss beat his Canadian opponent for the 11th time in 14 meetings while winning a first Stuttgart title.  The 36-year-old regained the world number one ranking. Federer made a return to the top ATP ranking for the sixth time. Tim Putz and Phillip Petzschner (Germany) won the Men's Doubles title after defeating M. Matkowski (Poland) and R. Lindstedt (Sweden).
Source- DD News

 American golfer Brooks Koepka has made history and finished strong as he became the first player in 29 years to win back-to-back US Open titles at Shinnecock Hills in New York. The 28-year-old Florida native emerged victorious by one shot over England's Tommy Fleetwood. The World number one Dustin Johnson finished third at plus-three on account of a 70. With this, Koepka becomes the first player since Curtis Strange in 1988-89 to win back-to-back U.S. Open events.
Source- ANI News

 The U.S. has surpassed India to become the top destination for greenfield foreign direct investment in 2017, according to the FDI Report 2018, compiled by FDI Intelligence, a division of The Financial Times Ltd. The number of greenfield FDI projects in India during the year fell sharply by 21% to 637. India had maintained the top slot in greenfield FDI investment in 2015 and 2016. However, in 2017, the U.S. reclaimed the spot from India, recording $87.4 billion of announced FDI. In the Asia and Pacific region, China was on top in terms of FDI in the total number of new projects and capital investment, followed by India.
Source- The Quint

 Ashwini Kumar Choubey, Minister of State for Health and Family Welfare released the 11th Common Review Mission (CRM) report of the National Health Mission. As per the Report, India has registered a record 22% reduction in MMR since 2013,which is the highest percentage decline so far when compared to all the previous reductions in MMR as per the earlier rounds of SRS. Maternal Mortality Ratio in India has declined from 167 in 2011-2013 to 130 in 2014-2016.
Source- Press Information Bureau (PIB)

 The Nuclear Suppliers Group (NSG) plenary meeting took place on in Jurmala, Latvia after Latvia assumed chairmanship of NSG for 2018-19. With this, Latvia became first Baltic state to chair the NSG. There was no headway in India’s application for NSG entry in this plenary meeting. India had applied for NSG membership at 2016 Seoul plenary session, but it was objected by few member countries of NSG including China.
Key Highlights of meeting
  • Participation Non-NPT States: NSG member states continued discussions on issue of technical, legal and political aspects of participation Non-NPT States of in NSG initiated at its 2016 Seoul plenary. There was no headway this time for considering India’s membership despite thaw in relationship with China. There was no specific reference to Pakistan’s application to the NSG.
  • Waiver to India: NSG continues to consider all aspects of implementation of the 2008 Statement on Civil Nuclear Cooperation with India (or NSG waiver for India) and discussed NSG relationship with India.
  • On North Korea: Participating Governments of NSG reconfirmed their commitment to UN Security Council resolutions 2371 (2017), 2375 (2017), 2397 (2017) and previous relevant UNSC resolutions, which reaffirm that North Korea will immediately abandon all nuclear weapons and existing nuclear programmes in complete, verifiable and irreversible manner. They noted that supply of all controlled items to North Korea is prohibited according to above resolutions. They noted with encouragement the recent Inter-Korean summits and North Korea-US summit.
  • On Iran: They acknowledged continued implementation of Joint Comprehensive Plan of Action (JCPOA) and Iran by E3/EU+2 (United Kingdom, France, Germany + Russia, China) and Iran. JCPOA is nuclear deal between P-5 (US, UK, Russia. China, France) + 1 (Germany) and Iran.
  • Nuclear Suppliers Group (NSG)
NSG is a multinational body concerned with reducing nuclear proliferation by controlling the export and re-transfer of materials that may be used for development of nuclear weapons.  It was set up in 1974 as a reaction to India’s first successful nuclear tests (code name Smiling Buddha conducted on 18 May 1974) to stop so called misuse of nuclear material meant for peaceful purposes. Currently, NSG has 48 members.

 India’s IT major Tata Consultancy Services (TCS) became first listed company in India to close day’s trade with market capitalisation (m cap) of over Rs. 7 lakh crore (over $103 billion). M cap is value of company that is traded on stock market, calculated by multiplying total number of shares by present share price.
  • Key Facts
TCS achieved this feat after its board approved share buyback of 76,190,476 equity shares of Rs. 1 face value at Rs. 2,100 per share for about Rs. 16,000 crore (over $2 billion). The buyback size was 1.99% of the total paid-up equity share capital. This is second time the global software major resorted to buy back its shares after it bought 5.61 crore shares in April 2017 for Rs. 16,000 crore at Rs. 2,850 per share. The buyback was made from shareholders of Company on proportionate basis under tender offer route using stock exchange mechanism in accordance with provisions contained in SEBI (Buy Back of Securities) Regulations and Companies Act, 2013 and rules made thereunder.

 President Ram Nath Kovind left on a three-nation visit to Greece, Suriname and Cuba. The first halt of the nine-day tour will be at Athens, where he will meet Greek President Prokopis Pavlopoulos. In Athens, the President will lay a wreath at the monument of unknown soldiers and visit other places of historical and archaeological importance. President will leave for Suriname on the 2nd leg where he will hold discussions with President Desire Delano Bouterse. A number of agreements and MoUs in the areas of health and medicine, elections, IT, Ayurveda are proposed to be signed. In the last leg of his tour, the President will reach Cuba. He is scheduled to hold discussions with his Cuban counterpart Miguel Diaz – Canel Bermudez. A number of MoUs and Agreements in the areas of Biotechnology, Homeopathy and traditional system of medicine and medical plants would be signed during the visit.
Source- AIR World Service

 Maharashtra Chief Minister Devendra Fadnavis met World Bank CEO Kristalina Georgieva in Washington DC to seek assistance for a Multimodal Transport Corridor and the Rural Livelihood Project which aims to provide sustainable livelihood enhancements in 10,000 villages in the state. World Bank has assured of positive consideration of both the projects. Fadnavis, who is on a three-nation tour, also attended a business discussion organised by US-India Strategic Partnership Forum. Mr Fadnavis was bestowed with the Outstanding Leadership in Development Award by Georgetown India Initiative and Centre for Strategic and International Studies.
Source- The Hindu

 NASA's record-breaking astronaut, Peggy Whitson, retired after a 22-year-long career. Whitson, who joined NASA as a researcher in 1986, has spent more time off Earth than any other American, totalling 665 days over three International Space Station missions. The 58-year-old is the oldest woman to go into space and also the most experienced female spacewalker, with 10 missions.
Source- The Guardian

 NASA's record-breaking astronaut, Peggy Whitson, retired after a 22-year-long career. Whitson, who joined NASA as a researcher in 1986, has spent more time off Earth than any other American, totalling 665 days over three International Space Station missions. The 58-year-old is the oldest woman to go into space and also the most experienced female spacewalker, with 10 missions.
Source- The Guardian


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