Current Affairs 26th July 2016

National News:

• Kochi to become the first Indian city where water connectivity will be developed as a feeder service to the metro rail
• Maharashtra Chief Minister Devendra Fadnavis has launched a pilot project of e-complaint system on an experimental basis in Pune
• Maharashtra Chief Minister Devendra Fadnavis has launched a pilot project of e-complaint system on an experimental basis in Pune
• The Karnataka State Small Industries Development Corporation (KSSIDC) in partnership with Karnataka Small Scale Industries Association (KASSIA) is organising a udyog mela in Bengaluru on July 31
• India’s Ministry of Tourism has sanctioned 25 projects worth Rs. 2,048 crore under the Swadesh Darshan (domestic sightseeing) scheme

International News:

• China has unveiled (announce publicly for the first time) the world’s largest amphibious (suited for both land and water) AG600 aircraft
• India and Mexico are charting out a new path in bilateral trade and investment ties with a focus on sectors including renewable energy, telecom and medical devices
• Nepal Prime Minister K.P. Sharma Oli on Sunday resigned, plunging the Himalayan nation into a fresh bout of political uncertainty.

New Appointment :

• Swedish mobile telecoms gear maker Ericsson’s Chief Executive Hans Vestberg has stepped down with immediate effect

Banking :

• The Reserve Bank of India (RBI) has imposed a penalty of Rs 5 crore on Bank of Baroda (BoB) after it found irregularities in the Rs 6,100-crore scam that was unearthed last year

Awards & Honours :

• Indian calligrapher Muqtar Ahmed wins top prize at Cairo International Festival
• Kanyakumari, an outstanding and versatile violinist, will get the Sangita Kalanidhi award of the Music Academy this year

Business & Economy:

• Verizon Communications Inc (VZ.N) will announce an agreement to buy Yahoo Inc (YHOO.O) for about $5 billion, according to a person familiar with the matter

Science & Technology :

• Brazilian scientists have identified another type of Zika-transmitting mosquito

Sports:

• India defeated West Indies in Antigu by an innings and 92 runs in the first cricket Test match
• Feliciano Lopez wins Swiss Open Gstaad
• British Formula One racing driver Lewis Hamilton won the Hungarian Grand Prix for Mercedes to take the lead in the championship from team mate Nico Rosberg for the first time this season
• Promising Indian shooter Manavaditya Rathore won the trap bronze medal in the’Champion of Champions’ match at the Junior World Cup in Porpetto, Italy

Obituary:

• Syed Haider Raza, the last surviving member of the six modern artists who founded the influential Bombay Progressive Artists’ Group in 1947, has died