Daily Current Affairs Today 8 June 2017

Daily Current Affairs 8 June 2017: Your guide for daily General Knowledge Preparation

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This article, Daily Current Affairs 8 June 2017, includes all Major National, International, Business, and Sports events. A brief explanation of every current affair is provided to further enhance your general knowledge. Once you have gone through this article, that is, Daily Current Affairs 8 June 2017, we would recommend to you to try 8 June 2017 Current affairs test.

National News
1. IIT Delhi is India’s highest-ranked Institute.

According to QS World University Rankings 2018 IIT-Delhi has replaced IISc as the best ranked Indian institution in the world.
IIT-Delhi has risen from 185 rank to 172 this year while IISc slipped over 30 places from 152 to 190.
This is the first time in 14 years India has three institutes in the top 200 list.
IIT Delhi, IIT Bombay and IISc Bangalore are amongst the top 200 universities in the world.
Delhi University, for the first time, entered the top 500 group.
MIT topped the list for 6th consecutive year followed by Stanford and Harvard University.

2. Fuel prices to change daily.

State-run oil companies will revise petrol and diesel prices every day in sync with international rates from 16 June onwards.
Currently, the fuel prices are reviewed by the oil companies every fortnight while taking global fuel prices and Rs-Dollar exchange rate into account.
It will make the retail prices more reflective of the current market conditions.
Diesel and petrol prices move in tandem with the price of crude oil in most countries.
Minister of State for Petroleum and Natural Gas – Dharmendra Pradhan

3. Human Milk Bank inaugurated.

Health Secretary C K Mishra inaugurated the ‘Vatsalya – Maatri Amrit Kosh’, a National Human Milk Bank and Lactation Counselling Centre at the Lady Hardinge Medical College.
The bank would provide life-saving human milk to all new-borns in and around Delhi.
The bank will collect, pasteurise, test and store milk donated by lactating mothers and make it available for infants in need.
It has been set up in collaboration with the Norwegian government, Oslo University and Norway India Partnership Initiative
It would be the largest human milk bank and lactation counselling centre available under the public sector in North India.
Union Minister of Health and Family Welfare – J.P. Nadda

Sahithi Pingali to get a planet named after her.

Sahithi Pingali a class 12 student from Bengaluru will get a minor planet in Milky Way named after her.
She represented India and finished second at ISEF, world’s largest international pre-college science competition following which MIT decided to name a planet after her.
She had developed a mobile application which obtains data by crowdsourcing to measure pollution in lakes.

International News
1. Indian American among 12 astronauts chosen by NASA.

Indian American Lt Col Raja “Grinder”, commander of the 461st Flight Test Squadron has been chosen by NASA.
NASA has chosen 12 new astronauts who will be trained for missions into Earth orbit and to deep space.
This is the largest group NASA has selected in almost two decades.
He is the 3rd Indian origin NASA astronaut after Sunita Williams and late Kalpana Chawla.
Full form of NASA – National Aeronautics and Space Administration

2. India among top 5 consumer markets.

According to BMI Research India is among the top five consumer markets in Asia.
According to the report India is expected to offer retailers consumer spending growth of an average of 6.1 per cent over the next five years.
Key factors responsible for increase in consumer spending include, increasing access to consumer credit, lower inflation, and a more favourable regulatory environment for foreign-owned retailers.
China, Sri Lanka, Vietnam and Indonesia are other favourite consumer markets in Asia.

3. First World Pest Day launched.

The first World Pest Day was launched in China.
It aims to increase awareness of pest-borne diseases and safeguard public health through scientific and professional pest control methods.
The inaugural World Pest Day was initiated by the Chinese Pest Control Association.
President of China – Xi Jinpin

Business News
1. 4G download speed in India three times below global average.

According to a report by OpenSignal, download speeds in India have dropped more than one megabit per second in the last six months.
This is due to surge in traffic because of free services offered by Reliance Jio.
Average 4G download speed in India is 5.1Mbps which is less than 1/3rd of the global average speed of 16.2 Mbps.
India ranked 74th below Pakistan and Sri Lanka.
Singapore scored the highest in 4G speed while South Korea scored highest in 4G availability.

2. Axis Bank launches Biodegradable prepaid gift cards.

Axis Bank has become the first bank in India to introduce biodegradable cards.
The card is made up of Polyethylene Terephthalate Glycol and unlike regular cards can decompose.
It will also have a positive impact on the environment because of their ability to break down, safely and relatively quickly into the raw materials of nature and disappear into the environment.
The card will be acceptable at all domestic merchant outlets and online portals.
CEO of Axis Bank – Shikha Sharma

Sports News
1. Manchester United named most valuable football club.

Manchester United has replaced Real Madrid as the world’s most valuable football team, according to the annual list published by Forbes.
United were valued at USD 3.69 billion, an 11% jump compared to last year.
Barcelona was second on the list while Real Madrid stood third on the list.
Manchester United finished sixth on the Premier League.

2. Virat Kohli in Forbes list of highest paid athletes.

Virat Kohli is the only athlete from India to feature among the world’s 100 highest paid athletes in the latest Forbes list.
Kohli has been ranked 89th while Cristiano Ronaldo topped the list.
Kohli with a total pay of USD 22 million in a year; USD 3 million through salary and USD 19 million from brand endorsements stood at 89th position.
Serena Williams was the lone woman on the list with an estimated income of USD 27 million.