7 February 2018 Current Affairs: Today’s Current Affairs for Competitive Exams – Bank, SSC, Vyapam, PSC

President Kovind to inaugurate Mahamastakabhisheka Utsav of Lord Gommateshwara

President Ram Nath Kovind will inaugurate today the 88th Mahamastakabhisheka Utsav of Lord Gommateshwara in Shravanbelagola in Hassan district of Karnataka.
Mahamastakabhisheka of Gommateshwara, who is also known as Bahubali takes place once in 12 years.
It is an important Jain pilgrimage centre and lakhs of tourists visit Shravanbelagola to see 57 feet tall monolithic stone statue that is anointed from head to feet during the Utsav.

Production of Rs 10 coins halted

Production of Rs 10 coins has been halted temporarily due to adequate stocks, the government informed the Lok Sabha.
Sufficient stocks of coins are available to meet public demand, the Finance Minister said.

Imp Note : Finance Minister and Minister of Corporate Affairs – Arun Jaitley

Forbes India 30 Under 30 list

Indian cricketers Jasprit Bumrah and Harmanpreet Kaur as well India women’s hockey team goalkeeper Savita Punia and shooter Heena Sidhu are among Forbes India 30 Under 30, a list that celebrates ‘twenty-somethings who are shaping the new India’.
The list also includes actress Bhumi Pednekar, Mithila Palkar and Singer Jubin Nautiyal.
Click here to view full list

Mining leases in Goa can’t operate from 15 March says Supreme Court

The Supreme Court on Wednesday quashed 88 mining leases granted by the Goa government for violating procedure and ordered that fresh licences be granted through a bidding process.
The court said the government’s process of renewing the mining permits was “in violation of law”.

I-T Department Sends Tax Notices To Cryptocurrency Investors

The tax department is issuing notices to people who invested in crypto currencies like bitcoin but did not declare income or ‘profits earned’ from them, CBDT chairman Sushil Chandra said today.
“People who have made investments (in crypto currency) and have not declared income while filing taxes and have not paid tax on the profit earned by investing, we are sending them notices as we feel that it is all taxable,” he said.

Imp Note : CBDT – Central Board of Direct Taxes

Chairman – Sushil Chandra

Viswanathan Anand to make Pro Chess League debut

Grandmaster Viswanathan Anand will be making his debut in the second edition of the Pro Chess League.
The Professional Rapid Online Chess League is an online rapid chess league operated by chess.com.
The league comprises eight teams each bunched into four Divisions — Eastern, Central, Atlantic and Pacific.

SpaceX launches car in space

SpaceX’s big new rocket blasted off on Tuesday on its first test flight, carrying a red sports car aiming for an endless road trip past Mars.
The Falcon Heavy rose from the same launch pad used by NASA nearly 50 years ago to send men to the moon.
SpaceX chief executive Elon Musk owns the rocketing Tesla Roadster, which is shooting for a solar orbit that will reach all the way to Mars.

‘Los Angeles Times’ to be sold

Tronc Inc, the owner of the Los Angeles Times, is expected to announce a sale of the newspaper to billionaire biotech investor Patrick Soon-Shiong
Mr. Soon-Shiong, a major shareholder in Tronc and chief executive of NantHealth Inc, will also buy the Times’ sister newspaper, the San Diego Union-Tribune.

Auto Expo 2018

Auto Expo 2018 will be held at two separate venues as (1)Auto Expo 2018 – Vehicles scheduled from 9 to 14 February 2018 at Greater Noida (India Expo Mart), UP, INDIA (2) Auto Expo 2018 – Components scheduled from 8 to 11 February 2018 at Hall 7A-H, 8-12A, Lake Hangar (Hall A-C), Pragati maidan, New Delhi, India.

WhatsApp to soon launch group voice, video calling feature

WhatsApp will soon launch group voice and Video calling feautre. This new feature is currently in beta mode.
WhatsApp currently supports voice and video calls for one-on-one chats only.