Daily Current Affairs 1 August 2017

Daily Current Affairs 1 August 2017: Your guide for daily General Knowledge Preparation

Dear Readers,

This post contains important current affairs of 1 August 2017. It includes all Major National, International, Business and Sports related current affairs of 1 August 2017. A brief explanation of every current affair is provided to further enhance your general knowledge. Once you have gone through these current affairs we would recommend to you to try 1 August 2017 Current affairs test.

National News

1. 10,000 users affected in malware attack on MTNL broadband

Broadband connections of Delhi’s state run MTNL were affected.
Users were redirected to malicious web pages and pornography.
State run BSNL was recently hit by a malware attack that changes the passwords of the modems.

2. Arvind Panagariya quits from NITI Aayog

Arvind Pangariya, the Vice-Chairman of NITI Aayog announced his resignation.
The economist said that he would resume his teaching career at Columbia University in the US.
NITI Aayog replaced the 65-year-old Planning Commission of India.

3. Delhi Metro to see rise in trains by March 2018

The number of trains will go up by 45% from 227 to 328.
With the completion of Phase 3, the network will expand from 218 km to 348 km.

4. SC bans use of 5 chemicals in firecrackers

The Supreme Court barred firework manufacturers from using 5 chemicals that will cause air and noise pollution.
Lithium, Antimony, Mercury, Arsenic and Lead are the barred chemicals.

International News

1. Shahid Khaqan Abbasi elected PM of Pakistan

Pakistan’s Petroleum Minister Shahid Khaqan Abbasi was elected the 18th PM of Pakistan.
His election comes after Nawaz Sharif was recently disqualified from the post.

2. China building high-speed rail tunnel

China is constructing a 12-km long high speed train tunnel through one of the portions of Great Wall to connect Beijing with Zhangjakou City.
The line is designed for trains travelling up to 350 kmph.

3. Pakistan extends house arrest of Hafiz Saeed

Pakistan has extended the house arrest of UN designated terrorist and Mumbai terror attack mastermind by 2 months.
The authorities say that the Liberty of Saeed is a continuous threat to the peace and tranquillity in the country

4. North Korea can hit most of our country: US

N Korea’s recent Intercontinental ballistic missile test has shown that it may now be able to hit most of the continental US.
However, the officials said that North Korea’s nuclear programme is aimed at deterring attacks on reclusive nation.

Business News

1. Eicher Motors become India’s 4th most valuable automaker

Eicher Motors which manufactures trcuks and motorcycles and displaced Bajaj Auto and took the 4th place.
The company has a market capitalisation of Rs.81,776 crore.

2. Tata Motors CEO earned a salary of Rs.22.5 crore

The CEO Guenter Butschek took home over Rs.22.5 crore last fiscal.
Satish Borwankar who has taken over as the COO saw a cut of 12% to Rs.2.14 crore.

3. CEO Ashish Bagga resigns from India Today

Ashish Bagga has been associated with India Today Group for over 15 years.
He is also the current President of News Broadcasters Association(NBA).

4. Three Indian firms in Forbes Asia ‘Best Under a Billion’ List

This includes fruit juice maker Manpasand Beverages, software company 8K Miles and Kellton Tech Solutions.
The list ranks 200 listed companies with annual revenue between $5 million and $1 billion.

Sports News
1. Deaflympics squad refuses to leave Airport

In the absence of an Government official to receive them, the Deaflympics team refused to leave the Delhi Airport.
The 46-athlete contingent which won 5 medals demanded to speak with the Sports Minister Vijay Goel.

2. Ronaldo denies Rs.111 crore tax fraud

Cristiano Ronaldo appeared in court denying claims that he committed Rs.111.44 crore tax fraud.
If found guilty, he may be fined at least 28 million euros and face a prison sentence of three and a half years.

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