Daily Current Affairs (English) - 11.08.2018

International

WORLD BIOFUEL DAY TO BE OBSERVED

World Biofuel Day is observed every year on 10th August to create awareness about the importance of non-fossil fuels as an alternative to conventional fossil fuels and to highlight the various efforts made by the Government in the biofuel sector. The World Biofuel Day is being observed by the Ministry of Petroleum & Natural Gas for the last three years.

Why is the World Bio-fuel Day celebrated on 10th August?
On August 10, 1893, the inventor of the diesel engine Sir Rudolf Diesel ran mechanical engines for the first time with peanut oil. His research experiment predicted that vegetable oils to fuel the various mechanical engines would produce fossil fuels in the next century. Is going to change. In order to mark this extraordinary achievement, the World Bio-fuel Day is celebrated on August 10 every year.
 

Trade & Economy

 

MOBILE WALLET TRANSACTIONS HIT RECORD RS.14,632 CRORE IN JUNE

he value of transactions made through mobile wallets touched a record Rs.14,632 crore in June, Reserve Bank of India (RBI) data released on Tuesday showed, rising 4.2% from Rs.14,047 crore in May.However, the number of transactions fell around 5% to 309.62 million in June after reaching an all-time high of 325.41 million in May.The record transaction value shows wallet companies, which were struggling to set up compliance infrastructure and convince users to provide know-your-customer (KYC) documents, have survived the storm and signed up new customers.

The value of mobile wallet transactions fell from a peak of Rs.13,104 crore in February to Rs.10,097 crore in March, the data showed.“With an increase in the number of merchant payment use cases for mobile wallets beyond traditional recharge/bill pay to shopping including promotions on wallet usage, the customers prefer to load their wallets at one go with a larger amount instead of 3-4 times small amount of loading and use them on shopping transactions which are of relatively larger value than recharges/bill pay transactions,” said Sunil Kulkarni, joint managing director at Oxigen Services (India) Pvt. Ltd, a mobile wallet and payment solutions company.

Books

DR. MAHESH SHARMA RELEASED 3 BOOKS AT IGNCA, NEW DELHI

Minister of state for Culture (I/C), Dr. Mahesh Sharma, today released 3 books ‘Jewellery’ by Dr. Gulab Kothari, ‘Ghats of Banaras’ by Dr. Sachidanand Joshi and ‘Untold Story of Broadcasting’ by Dr. Gautam Chatterjee at IGNCA, New Delhi.Speaking on the occassion, he congratulated IGNCA for its efforts to take art and culture through the release of these books. In the book release Dr. Mahesh Sharma said “Jewellery making has been a traditional occupation with a finer classification of those who make it in Gold, Silver, Diamond, Pearl, Artificial etc. But in recent times it is also being studied as a specialized stream of knowledge. This is the most significant book for our upcoming generation.”The Book titled “‘Untold Story of Broadcasting” written by Dr. Gautam Chatterjee is about behind-the-scenes developments during the quit India movement. It gives an authentic account of the secret broadcast which took place during the movement led by shri Ram Manohar Lohia. It has been published in collaboration with Publication Division, Government of India.The Book “Ghats of Banaras” is derived out of the similar documentation conducted recently at Varanasi. These Ghats situated at the bank of river Ganga in a semi-circular shape (ardhachandrakar), give a spectacular view of the city.

Resignation

MARIO GOMEZ

Veteran German striker Mario Gomez (33-year) has announced his retirement from international football.Mario Gomez scored 31 goals in 78 international appearances.The former Bayern Munich star represented his country at the FIFA World Cup in 2010 and 2018 and the Euro Cup in 2008 and 2012.

Appointment

RAJENDRA MENON

Lt Governor Anil Baijal administered the oath of office to Justice Rajendra Menon in a ceremony held at the Raj Niwas in Delhi.Earlier, He was the Chief Justice of Patna High Court (in March 2017).Acting Chief Justice Gita Mittal has been elevated as the Chief Justice of Jammu and Kashmir High Court.The High Court of Delhi was established on 31st October 1966.The National Capital Territory (NCT) of Delhi has six District Courts (Tis Hazari, Patiala House, Karkardooma, Rohini, Dwarka and Saket) that function under the Delhi High Court.