Top 5 Current Affairs: 17 January 2018

Jan 17, 2018 17:40 IST
Top 5 Current Affairs: 17 January 2018

Karnataka to organise blockchain hackathon

Karnataka's Information Technology department would be organising a blockchain hackathon from 19 to 21 January 19 to see if participants can create demonstrable prototypes of the use of blockchain in government applications.

The move comes as blockchain, the technology behind cryptocurrencies such as Bitcoin, is fast gaining acceptance worldwide. By hosting the hackathon, the state government of Karnataka hopes to see if the technology can be used in some critical areas of governance in the State.

Department of Commerce, CII sign MoU for development of Logistics sector

The Department of Commerce on 16 January 2018 signed a Memorandum of Understanding (MoU) with the Confederation of Indian Industry (CII) for setting-up of an institutional mechanism for the integrated development of Logistics sector in the country.

The main objective behind the agreement is to modernise India’s logistics sector and bring it at par with the global best. To ensure the same, a concerted effort in collaboration with Central line Ministries as well as State Governments has been initiated for simplifying the regulatory processes in both domestic and EXIM logistics.

India, US to conduct joint military exercise ‘Vajra Prahar’

The Indo-US joint military exercise ‘Vajra Prahar’ will be undertaken at the Joint Base Lewis-McChord (JBLM) in Seattle, US in the third week of January.

The exercise would see a 45-member Special Forces team from Indian Army’s Southern Command train alongside US soldiers. The main aim of the exercise is to promote military relations between India and US by enhancing interoperability and mutual exchange of tactics between the Special Forces.

The joint training will enable sharing of best practices between the two armies and development of joint strategies by sharing expertise of conducting operations in a counter-insurgency and counter-terrorism environment.

Defence Acquisition Council clears procurement of small arms worth Rs 3,547 Cr

The Defence Acquisition Council on 16 January 2017 cleared the procurement of 72,000 assault rifles and 93,895 carbines on a fast track basis to meet the immediate requirement of the troops deployed along the borders.

The procurement involves expenditure worth Rs 3,547 crore. The decision is expected to address the shortage of small arms for the armed forces. The council headed by Defence Minister Nirmala Sitharaman also introduced significant changes in the 'Make II' category of the Defence Procurement Procedure to encourage participation of private sector in defence design and production and to give a boost to 'Make in India' programme.

Five Indian tech companies feature in ‘Top 100 Global Tech Leaders List’

Thomson Reuters Corp on 17 January 2018 published its debut ‘Top 100 Global Technology Leaders’ list, which was topped by Microsoft, followed by Intel Corp and Cisco Systems at the 2nd and 3rd position respectively.

According to the list, which aims to identify the industry's top financially successful and organisationally sound organisations, 45 percent of the top 100 tech companies are headquartered in the United States, which inevitably places the nation at the top.

Japan and Taiwan are tied for second place with 13 companies each, followed by India at the third place with five tech leaders on the list. Judging by continent, North America tops with a total of 47 companies, followed by Asia with 38, Europe with 14 and Australia with one.

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