On February 11, news tickers were more about the bad performance of 3 public sector banks – Punjab National Bank, Dena Bank & Indian Overseas Bank.The Q3 results of these banks were very poor due to bad loans that their stocks took a drastic beating in trading.It also opened the discussion of an impending banking crisis to hit India due to the poor management of NPAs.For other news, here is the current affairs update for February 10, 2016.
National News:
10 February is observed as National Deworming Day every year.The main aim is to control parasitic worm infections among pre-school and school-age children across India.
Union Health and Family Minister J P Nadda said special campaigns are to be taken up to eliminate Kalaazar and Leprosy from the country.
Central Potato Research Institute (CPRI) to setup a research station in Paschim Medinipur district of West Bengal.
Pawan Chamling, Chief Minister of Sikkim announced that the state government would construct a ‘Mini Sikkim’, that will be a centre for showcasing the state’s diverse and rich culture.
Indian Institute of Technology Madras (IIT-M), has tied up with Nokia for 3 years to create technology solutions.It is expected to enhance broadband connectivity in rural India.
Sheikh Mohammed Bin Zayed Al Nahyan, Crown Prince of Abu Dhabi & the Deputy Supreme Commander of the United Arab Emirates’ armed forces arrived in India today for a 3 day visit.
International News:
A strong 6.3 magnitude earthquake struck off the coast of Papua New Guinea’s Bougainville Island in the southwestern Pacific.
A legislation to make cultivation of medicinal marijuana legal throughout Australia is to be presented before the parliament.
A parliamentary panel in Pakistan has unanimously approved the Hindu Marriage Bill.
The world’s largest solar power plant, Noor Ouarzazate Solar Complex was opened in Souss-Massa-Drâa area in Morocco.
North Korea’s National Aerospace Development Administration (NADA) launched the Kwangmyongsong-4 satellite.
International biologists have discovered a new species of hydroid polyps emitting green fluorescence in the Red Sea which do so in the night in association with the gastropod Nassariusmargaritifer.
Awards & Honours:
The Govt of India announced the Prime Minister Shram Awards for the year 2014. There are 9 nominations for the Shram Bhushan Award, 19 for Shram Vir or Shram Veerangana and 26 for Shram Shree or Shram Devi Awards.
- These awards are given to workers in Govt departments & Public Sector Undertakings of the Central and State Governments & Private Sector Units employing 500 or more.
- It is in recognition of their distinguished performances, innovative abilities, outstanding contribution in the field of productivity and exhibition of exceptional courage and presence of mind.
8 scientists were awarded the UNESCO Medals for their contributions to the development of nanoscience and nanotechnologies at Paris.
The Chettinad cotton saree won the India Handloom tag for its unique designs & identity.
The Times of India Film Awards (TOIFA) is set to take place in Dubai on March 18.
United States President Barack Obama has unveiled a cyber-security national action plan to boost security awareness amid growing risks from new technologies.
Sports:
Indian Archers won a total of 10 Gold & 4 Silver medals in the 12th South Asian Games
India entered the ICC Under-19 World Cup final for a fifth time after a 97-run win over Sri Lanka in the semifinals.
Obituaries:
Kailash Yadav, Panchayati Raj Minister of Uttar Pradesh passed away in Gurgaon after suffering a brain stroke.
Banking & Economy:
Central Bank of India, Dena Bank & Allahabad Bank reported massive losses for the period for the quarter ending December 2015.
Punjab National Bank`s Non Performing Assets (NPA) also touched 8.4% making the situation more worse for banking sector on the whole.
Rural Development Minister Birender Singh has asked private banks & micro finance institutions to provide financial assistance for Swachh Bharat Mission & also for building toilets for poor families.
