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Wednesday, July 9, 2014

Current Affairs daily Updates: 08 July 2014

1) Union railway budget 2014-15 presented in Lok Sabha: With the passenger fare and freight charges having been increased as recently as June 22, the maiden Railway Budget of the Narendra Modi government focussed on a massive facelift of the sector. It includes introduction of bullet and semi-high-speed trains, an extensive makeover of stations and in a first, foreign direct investment to finance the Rs. 9-lakh-crore plans. Tabling his first Budget in Parliament on 8 July 2014, Railway Minister D.V. Sadananda Gowda indicated the magnitude of the task at hand by pointing out that the much-criticised increase in fares would help Railways net only Rs. 8,000 crore more a year, when a steady infusion of at least Rs. 50,000 crore was required annually for the next 10 years.

2) Britain to "Honour 'Mahatma Gandhi's memory with Statue' in front of its Parliament: Mahatma Gandhi, who was at the forefront of efforts to end British rule in India and was repeatedly imprisoned, is to be honoured outside Britain's Parliament, British Finance Minister George Osborne said. Mr Osborne, on a trip to New Delhi to meet the new government of Narendra Modi, tweeted that Britain would "honour his memory with statue in front of mother of parliaments" in Parliament Square.

3) FIFA 2014: Brazil suffered humiliating World Cup exit: Germany has inflicted an historic 7-1 rout on Brazil to reach the World Cup final as Miroslav Klose became the all-time leading scorer in the history of the tournament. Brazil have never suffered such a big defeat in any international tournament and never put on such a shambolic defensive performance as during an 18 minute first half period when Germany scored four goals, three of them in just 179 seconds. Miroslav Klose fired his 16th World Cup goal on 23 minutes - overtaking Brazilian legend Ronaldo to set a new record. Brazil were the last team to score five in a World Cup semi-final in 1958.

4) Miroslav Klose breaks Ronaldo's record to become the top scorer in World Cup history: Miroslav Klose has beaten Ronaldo's record to become the top scorer in World Cup history. The German forward scored his side's second goal in their staggering 7-1 victory in the semi-final against Brazil to become the record holder outright with 16.

5) Advanced version of BrahMos missile test-fired: India on 8 July 2014 test-fired an advanced version of the 290km range BrahMos supersonic cruise missile from Odisha coast. The missile was test-fired from a mobile launcher from the Integrated Test Range(ITR) at Chandipur at about 10.40am, Defence Research and Development Organisation (DRDO) said. The missile is capable of carrying a conventional warhead of 300kg.

6) Amit Shah to be named BJP President: Considered the architect of the Bharatiya Janata Party’s impressive performance in Uttar Pradesh in the recent Lok Sabha elections, Amit Shah is all set to take over as the new party president. A formal announcement is expected on Wednesday after the party’s parliamentary board meeting. Mr. Shah, party general secretary, is a confidant of Prime Minister Narendra Modi and has worked closely with him in Gujarat.

7) Ashraf Ghani Ahmadzai Prepares To Become Next Afghan President: Afghanistan’s election commission declared on Monday that Ashraf Ghani Ahmadzai, a former finance minister, is in the lead to become the country's next president with more than 56 percent votes. However, rival Abdullah Abdullah has refused to accept the result until his rival is cleared of rigging the election results.
Current Affairs daily Updates: 08 July 2014 Reviewed by Currentaffairs4examz on 9.7.14 Rating: 5 1) Union railway budget 2014-15 presented in Lok Sabha : With the passenger fare and freight charges having been increased as recently as ...

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