Daily Current Affairs 27 July 2017: Your guide for daily General Knowledge Preparation

Dear Readers,

This post contains important current affairs of 27 July 2017. It includes all Major National, International, Business and Sports related current affairs of 27 July 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 27 July 2017 Current affairs test.

National News

1. Modi inaugurates Dr APJ Abdul Kalam Memorial

  • On the death anniversary of the great scientist, Modi inaugurated the memorial in Rameshwaram.
  • The memorial has been designed and built by DRDO and has a replica of Agni missile in the site.

2. Death toll in Gujarat floods crosses 100

  • Over 36000 people have been evacuated and moved to safe areas in the past one week. Measures are still on to reach stranded people.
  • Modi announce Rs.500 crore relief fund for Gujarat.

3. Mumbai Metro to launch India’s 1st mobile ticketing system

  • For easy commuting, Mumbai Metro One plans to launch mobile ticketing system by mid-August.
  • The passengers can buy tickets using the app that will generate a QR code which can be used at the automated fare collection gates.

4. Bihar Governor gives 2 days to Nitish Kumar to prove majority

  • Keshari Nath Tripathi asked Nitish Kumar to prove his majority in the Bihar Assembly within 2 days of taking oath.
  • After Nitish Kumar’s resignation, BJP announced support for him to form the new state government.

International News

1. Israel removes detectors from Jerusalem holy site

  • After days of protests following installation of detectors at the Jerusalem’s al-Aqsa, Isreal removed the installations.
  • This came after the protests claimed 7 lives.
  • The Palestinians see the installation of metal detectors as an Israeli attempt to assert control over the holy site.

2. Trump slams Attorney General

  • US President slammed Attorney General Jeff Sessions calling him weak in pursuing intelligence and investigating his rival Hillary Clinton.
  • He also criticised him for not launching a probe into interference of Ukraine’s officials to influence the result against him.

3. Australia sends its first Uranium shipment to India

  • Ahead of the commercial sales, Australia sent its first Uranium shipment to India.
  • This comes after India and Australia signed an agreement for civil cooperation in 2014 to meet India’s growing energy needs.

Business News

1. Axis Bank re-appoints Shikha Sharma as CEO and MD

  • India’s third largest private lender, Axis bank re-appointed her for a term of 2 years starting June 2018.
  • Previously, she took charge as the CEO of Axis Bank in 2009.

2. Samsung registers highest operating profit in Q2

  • Samsung Electronics registered a record operating profit of $12.6 billion in Q2 of 2017.
  • This is the result of growth in sales of its memory chips.

3. Jeff Bezos was briefly the world’s richest person

  • The 53-year-old king of e-commerce snatched away the mantle of world’s wealthiest person from 61-year-old Microsoft co-founder Bill Gates, thanks to a morning surge in Amazon stock, according to a minute-by-minute Forbes ranking.
  • Soon after the stock market opened, shares of Amazon spiked 1.8 percent — pushing Bezos’ net worth to USD90 billion, surpassing Gates’ USD89 billion.
  • But Bezos’ reign lasted only four hours, and by the 4 p.m. close of the market, his net worth had slumped to a meager USD88.7 billion, dropping him below Gates — who had topped the list since 2013 — at USD89.8 billion.

4. Apple fined Rs.3200 crore for infringing US University’s patent

  • Apple was found guilty of infringement of the patent which related to computer processor technology owned by US-based University of Wisconsin-Madinson.
  • The fine is more than double the damages initially imposed by the jury in 2015.

Sports News
1. Ashwin breaks 36-yr record of most wickets after 50 Tests

  • Indian spinner Ravichandran Ashwin has broken Australian pacer Dennis Lillee’s record of 262 wickets in 50 Tests.
  • Ashwin has taken 275 wickets in the five-day format.

2. 3,000 Russians set world record for mass boxing training

  • Guinness World Record has been set for the most number of people to simultaneously perform boxing exercises at Moscow’s Red Square.
  • Two timeOlympic boxing Champions Olga Saitoya and Alexei taught the participants for 30 minutes.

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