October, 2015

Current Events October 2015 – Sports

• Himachal Pradesh to host India’s first Paragliding World Cup – Union Civil Aviation Minister Ashok Gajapathi Raju
• North Atlantic Treaty Organization (NATO) has launched largest exercise “Trident Juncture” since 2002 with troops from 30 states – non-NATO in Italy, Spain and Portugal.
• Indian women’s cricket team stands fourth in the latest ICC team ranking Australia(1st) and England(2nd)
• BCCI launched 20 grams gold-plated sterling silver toss coin with the images of Mahatma Gandhi and Nelson Mandela for the India-South Africa cricket series.
• Sania Mirza and Swiss Martina Hingis grasped seventh title by bagging the Wuhan Open women’s doubles trophy by defeating the pair of Romanian Irina-Camelia Begu and Monica Niculescu in Wuhan, China.
• Melbourne, Australia is to the host for the 2016 World Cup and the 2019 Presidents Cup golf tournaments.
• Sania Mirza and Martina Hingis clinched their 8th title of the season by defeating Chinese pair of Hao-Ching Chan and Yung-Jan Chan in the China Open final in Beijing.
• Cricketer Virender sehwag announced retirement from all forms of international cricket and from the Indian Premier League(IPL).
• FIFA suspended Kuwait Football Association (KFA), because of govern-ment interference in the running of its Football Association – article 14 Para 3.
• ICC ODI Rankings : Australia ranked first and India and South Africa ranked second and third
• ICC T20 Rankings:Sri Lanka ranked first and Pakistan and Australia ranked second and third
• ICC Women’s Ranking :Australia Women ranked first and England Women and New Zealand Women.
• Sports Authority of India (SAI) and the ad-hoc committee governing the sport in the country have formed a coordination committee to conduct domestic events.
• Book on Gandhian Philosophy Set for Auction written by J B Kriplani
Original picture book titled “Gandhi Ke Paath Par” authored by Bharat Sahai
• The Clintons’ War on Women authored by Roger Stone and Robert Morrow.
• The Courage to Act – A Memoir of a Crisis and Its Aftermath authored by Ben S. Bernanke.

Current Events October 2015

• China launched its new communication satellite “APSTAR-9” in a commercial mission by the Long March-3B carrier rocket from the southwestern Xichang Satellite Launch Centre.
• Australia launches its communications satellite named “Sky Muster (NBN-Co 1A)” on Ariane 5ECA rocket from Guiana Space Centre in Kourou.
• World’s highest terrestrial centre labelled as “Extreme Altitude Research Centre” inaugurated by DRDO chief S Christopher at Habitat in Ladakh
• China launches commercial remote-sensing satellites “Jilin-1” satellites, launched from the Jiuquan Satellite Launch Centre.
• Indian Railways launches app to book unreserved tickets – Mumbai suburban sections, New Delhi and Hazrat Nizamuddin stations.
• Iran test-fires new generation long-range ballistic missiles called Emad (Pillar).
• China launched Tianhui-1C mapping satellite of Tianhui-1.
• Tsunami Early Warning System Successfully Tested In Mumbai by Captain KLV Prabhakaran .
• China’s first lunar rover Yutu sets record for longest stay on Moon almost two years
• 200 New Species Discovered in Himalayas by World Wildlife Fund (WWF). 133 plants, 26 species of fish, 10 new amphibians, one reptile, one bird and one mammal.

Current Events October 2015 – Economy

• Adani Ports and Special Economic Zone (APSEZ) and Larsen & Toubro (L&T) signed MoU to supervise the operations of Kattupalli Port in Tamil Nadu.
• First Arab-India Economic Forum to be held in Dubai – Nov 16-17 – Arun Jaitley.
• Haryana Gov launched “Swadhar Greh” to assure economic and social security to women in difficult circumstances.
• Gandhiji & Narendra Modi named in Top 10 WEF’s Most Admired Personality Globally -World Economic Forum (WEF)
• Reliance Capital’s Rewards Programme, Employee Stock Option (ESOP) Scheme-` 150 crore to encourage employees for their contribution in growth and profitability of the Company.
• Adani Ports and Special Economic Zone (APSEZ) signed a MoU with the India Pulses and Grains Association to handle pulses import.

Current Events October 2015 – Bank

• World bank assisted National Watershed Management Project Neeranchal approved by CCEA (Cabinet Committee on Economic Affairs) – ` 2142.30 cr.
Andhra Pradesh, Chhattisgarh, Gujarat, Jharkhand, Madhya Pradesh, Maharashtra, Odisha, Rajasthan and Telangana.
• World Bank report of Doing Business 2016, India ranked at 8th position globally and China ranked at 134th. Singapore, New Zealand and Hong Kong – 1st
• Asian Development Bank (ADB) finance India-Bangladesh electricity network with $120 million – 1000 MW.
• 8 public sector banks (SBI, BOI, PNB, Canara Bank, Corporation Bank, Dena Bank, Andhra Bank and BOB) have allotted equity shares on preferential basis to the gov in lieu of capital infusion of ` 13,955 cr.
• Card-less mVisa launched by ICICI – developed by Visa International.
• Dena Bank (GM of Dena Bank K.C. Chhipa) ties up with bankbazaar.com (CEO -Mr. Adhil Shetty) for capturing retail loan business.
• Telenor launches free insurance for mobile phone users – ` 5,000 to
` 50,000.
• 2015 Annual Meetings of World Bank Group and IMF were held at Lima, Peru October (9 – 11), 2015
• RBI opened a new sub-office in Imphal, part of Look East Policy.
• Bank of Baroda launches ‘Chillr Mobile App’ for fund transfer, first public sector bank to partner with Chillr.
• RBI signed MoU with the Central Bank of UAE, United Arab Emirates on Supervisory Cooperation and Exchange of Supervisory Information.
• National Bank for Agriculture and Rural Development (NABARD) sanctioned a loan of ` 134.64 crore to Haryana under Rural Infrastructure Development Fund.
• RBI Governor Raghuram Rajan went with the majority view of the Technical Advisory Committee (TAC) on the policy rate to announce the rate cut by 50 bps to 6.75%.
• RBI issued guidelines for the Gold Monetisation Scheme (GMS)
– Allow banks to fix their own interest rates on gold deposits.
– No bar for maximum gold deposit and minimum 30 grams
• Gov exempted the banking corres-pondents from service tax for account under Pradhan Mantri Jan Dhan Yojana (PMJDY).
• Yes Bank inked a partnership with Snapdeal and Blue Dart to enhance the Cash on Delivery (COD) model.
• Federal Bank become first bank in India to launched Malayalam and Hindi language mobile banking application FedMobile.
• Rajasthan Special Backward Classes Act 2015 provide 5% reservation in jobs and educational institutions to the Gujjar, Banjara, Rabari, and Gadia Lohar communities in Rajasthan.
• RBI notified that Foreign Institutional Investors (FIIs)/ Registered Foreign Portfolios Investors (RFPIs) can invest up to 74% of the paid up capital of DEN Networks Limited under the Portfolio Investment Scheme (PIS).
• Yes Bank started operations from its IFSC banking unit at Gujarat International Finance Tec City.
• EXIM bank announced that it will set up in Africa a development firm KPDC (Kukuza Project Development Company).
• RBI allowed Non-Resident Indians (NRIs) to subscribe the National Pension System (NPS) as an investment option under FEMA, 1999.
• Issued by International Finance Corporation (IFC) and the Asian Development Bank(ADB) under the Income-tax Act, 1961.
• IBM is going to instigate cloud data centre in Chennai – $1.2 billion – IBM’s 42nd data centre globally but first in India.
• Infosys overtook HDFC Bank as 3rd most valued company in m-cap, TCS – 1st.
• Bajaj Allianz Life Insurance (Anuj Agarwal) inked agreement with Dhanlaxmi Bank (CEO – G Sreeram) –
` 400 crore – to sell life insurance products.

Current Events October 2015 – Tamilnadu

• Tamil Nadu banned Ketoprofen to save vultures in Erode, Coimbatore and Nilgiris.

Current Events October 2015 – Political

• Cooperation in defence Security signed by Indian Foreign Minister Sushma Swaraj and Maldivian Foreign Minister Dunya Maumoon
• Ministry of Environment and forest (Prakash Javadekar) approved Green Indian Mission plans for 4 states – Kerala, Mizoram, Manipur and Jharkhand –
` 90,202.68 lakh (5 to 10 yrs).
• Union Labour Ministry (Narendra Singh Tomar) will launch the National Minimum Wage Act – Minimum wage base is ` 160.
Minimum Wages Act 1948, the payment of wages Act 1936, Payment of bonus act 1965 and equal remuneration Act 1975.
• Rajasthan CM Vasundhara Raje signed 13 pacts valued at ` 50,527 crore with public sector undertakings in the areas of mines, cement and power sector.
• Maharashtra Chief Minister Devendra Fadnavis launched a website on the life of cartoonist Rasipuram Krishnaswamy Iyer Laxman – www.Rklaxman.Com.
• Union Govt eased the panel provision by raising the limit of undeclared or mis-declared baggage that will attract arrest or prosecution to ` 20 lakh.
• Railway Minister Suresh Prabhu announced country’s first-ever double decker Shatabdi Express will run between the tracks of Mumbai – Goa.
• In 65 years Pranab Mukherjee was first Indian President to visit Jordan after Prime Minister Rajiv Gandhi visit in 1988. Pranab Mukherjee inaugurated a Mahatma Gandhi street in Amman, the capital city of Jordan.
• First Indian President Pranab Mukherjee visit to Palestine (Oct 12 – 13). India offers economic and political support of $5 million to Palestine. Both nations announced five projects of$17.79 million. Al-Quds University conferred Honorary Doctorate to Shri Pranab Mukherjee and also named him as “a valiant knight of peace”. Sharia-e-Al-hind (India road) and Midan-e-Al-hind (India roundabout) in Ramallah is named after Pranab Mukherjee.
• In Poland elections Law and Justice Party won elections – PM Ewa Kopacz

Current Events October 2015 – World

• 11th Asia Europe Meeting begins in Panaji, inaugurated by Najeeb Shah. Next meeting to be held in Germany in 2017.
• Indian diaspora launched ‘Modi Express’ bus in UK, first stop of bus is at Ealing Road, Wembley also known as “Little India”.
• France to introduce biometric visas to Indians-long-term visas for 3 or 5 year.
• BRICS issued a joint declaration at first ministerial meeting on migration held in Sochi, Russia to fight and prevent the organised human trafficking and migrants smuggling.
• UN Security Council adopted a resolution authorizing European Union (EU) and individual countries to cope with humanitarian crisis on the high seas of Libya.
• Supported by 14 members except Venezuela, Operation Sophia to monitor traffickers.
• China launched Typhoon detecting missile – first typhoon detecting rocket from Hainan.
• China launches international payment system(CIPS) to globalise yuan – became one of the world’s top five payment currencies.
• China activated world’s highest-altitude hydropower station dubbed as Zam Hydropower Station located on the Yarlung Zangbo River which is known as Brahmaputra in India.
• Iran’s Parliament gives Pre-approval for Nuclear Deal with 6 world powers – US, UK, Russia, France, China and German.
• Navies of India Japan and US are participated in exercise Malabar Oct (14-19).
• Egypt, Japan, Senegal Ukraine and Uruguay are elected as the non permanent members by the UN General Assembly.
• China and Indonesia inked an USD 5.5 billion deal to build the first high-speed railway – USD5.5bn .
• US launched anti-bullying campaign in three South Asian languages – Hindu, Urdu and Punjabi – “Act To Change”
• 1100-km gas pipeline agreement inked between Pak-Russia, from Lahore to Karachi – infuse $2 billion
• International Religious Freedom Report 2014 – accordance with the International Religious Freedom Act of 1998. Anti-conversion” laws in six states – Arunachal Pradesh, Gujarat, Himachal Pradesh, Chhattisgarh, Odisha, and Madhya Pradesh. Andhra Pradesh, Chhattisgarh, and Karnataka top the list of anti-Christian violence
• BRICS University President Forum 2015 held at Chinese capital Beijing. Aim to build an exchange platform among academia, political sphere and business community, leading to in-depth research on major challenges confronted by BRICS countries.
• NATO (North Atlantic Treaty Organization) launched the biggest military exercise “Trident Juncture” in Italy(Sicilian city Trapani)- 36,000 soldiers from more than 30 countries.
• NATO Deputy Secretary – General Alexander Vershbow.
• WHO released global status report on road safety 2015 based on the informations from 180 countries.
• Russia and US have signed a MoU to avoid mid-air incidents over Syrian skies
• Pakistan set to become fifth largest
n-power by 2025 – US Nuclear Notebook report by Hans Kristensen and Robert Norris
• Britain and China inked nuclear deal 18 billion-pound ($28 billion) – Chinese President Xi Jinping and Britain PM Prime Minister David Cameron
• China’s First High-Resolution Satellite Ziyuan III Maps Large Part of World.
• BRICS Ministerial Meeting on Science, Technology and Innovation (STI) was held in Moscow.
BRICS nations agreed for co-investment of resources for supporting multilateral Research and Development (R&D) Projects signed by Union Minister for Science and Technology and Earth Sciences Harsh Vardhan .
• Nepal signed MoU with China to import all kinds of fuel in order to ease fuel crisis in the country.
• China President Li Keqiang and Germany Chancellor Angela Merkel ink 13 deals to step up cooperation – USD 17 billion pact.

Current Events October 2015 – India

• India became the world’s largest producer of cotton by overtaking China – production of 6.51 million tonnes – 27 of the global cotton crop.
• Kharif season of 2015 (1 District) : Haryana, Karnataka, Madhya Pradesh and Maharashtra
• Rabi season of 2015-16 (2 Districts) : Haryana, Karnataka, Madhya Pradesh and Maharashtra
• India’s Poverty Rate Lowest Among Nations with Poor Population: World Bank – 43% in 2012 and now 19% China, India, Indonesia and Nigeria are moved into lower-middle-income category.
• Gov approved the construction of a war memorial and war museum at India Gate, New Delhi – ` 500 cr.
• Union Ministry of Human Resource Development (Smriti Zubin Irani) issued guidelines as Mid-Day Meal Rules, 2015 under the National Food Security Act 2013 (NFSA, 2013) – to be tested by Labs Every Month
• UD Ministry approved 673 crore for Andhra Pradesh towns – part of AMRUT scheme – 31 cities.
• 5th meeting of India-Maldives Joint Commission held after 15 years in Male, Maldives
• Pradhan Mantri Jan Dhan Yojana crossed the mark of ` 25000 crore with zero balance accounts.
• Delhi Govt’s “Bill Banvao, Inaam Pao” scheme to encourage customers to buy goods and services from registered – min taxable value of ` 100.
• Banana’s new family found in Andaman Islands at the Botanical Survey of India (BSI).
• India and Mozambique inked agreement bilateral cooperation and investment promotion in the area of new and renewable energy has been approved by the Union Cabinet – Mozambique President Filipe Nyusi visit to India in August.
• MoU signed between India and Portugal (1st country from Europe) on the Establishment of Nalanda University by Ambassador Ana Martinho and Jitendra Nath Misra, Ambassador of India to Portugal.
• TRAI (Telecom Regulatory Authority of India) made it compulsory to give a compensation of one rupee for consumers on call drops from – 1st January 2016 – 3 dropped calls in a day
• India-Taipei signed MoU for Cooperation in micro, small and medium enterprises (MSMEs).
• Bus service linking Kolkata and Agartala via Dhaka flagged off via Dhaka fair ranging between ` 1,800 and ` 2,000 – 1,650 km
• Voluntary use of Aadhaar cards in welfare schemes approved by the 5 judge Constitution bench of Supreme Court headed by Chief Justice of India HL Dattu.
• National Judicial Appointments Commission (NJAC) Act and 99th Constitutional Amendment refused by the Apex Court – 4 : 1.
• Launch of toll-free helpline number “1091” for women in distress – Tripura Police to accept FIR through SMS or e-mail.
• Kerala Gender Park launched “Food on Wheels” to serve safe food and night time provide “Night Eatery Street (NES)”.
• India is changing its accounting standards from Generally accepted accounting principles (GAAP) to Indian Accounting Standards (Ind-AS) from April 2016.
• Odisha gets its First 100% solar-powered village-BARIPATHA – ` 7-lakh project, co-funded by ECCO Electronics.
• Arjun Vajpai and Bhupesh Kumar from Noida and Bulandshahr, UP marked their names as the first person to climb a “six thousander” high unnamed peak in Himachal’s Spiti Valley – “Mt. Kalam”
• Indian Railways develops warning system for unmanned level crossings – Coimbatore-Metupallayam section.
• 8th National Seed Congress 2015 was organized at Hyderabad, Telangana
Theme – Quality Seed for Farmers’ Prosperity.
• Nation celebrates Sardar Patel Jayanti as Rashtriya Ekta Diwas (National Unity Day) and PM flags off ‘Run for Unity’ at Rajpath
• G-20 (Chairman – Ahmet Davutoglu) member’s nation finalized that India will be chairing G20 in 2018 and New Delhi, 2015 the presidency is held by Turkey, China (2016), Germany (2017).
• Forbes 50 richest families in Asian: 14 Indian families in the list with 4 spots in top 10.
Lee Byung-Chull family (Samsung – 1st), Lee (Shau Kee) family (Henderson Development – 2nd), Ambani family(Reliance Group – 3rd), Premji family(Wipro – 7th ), Hinduja family -Hinduja Group(9th ), Mistry family (Shapoorji Pallonji Group – 10th )
• India signed agreement on “transfer of sentenced persons” with Hong Kong Special Administrative in New Delhi.
• India’s GDP forecast slipped down from 7.5% to 7.3% and global GDP growth forecast for the year from 3.3% to 3.1% – IMF World Economic Outlook.
• Japan offered to finance India’s first bullet train with an estimated cost of
90000 crores – Mumbai and Ahmedabad with speed 300 km/h and 350 km/h.
• Arun Jaitley launched two taxpayer eSahyog and PAN camps friendly measures with a view to streamlining the taxation procedure.
• Aditya (51%) partnership with Dubai-based private equity firm Abraaj(49%) – solar energy target to 100 Gigawatt by 2022.
• PTC India inked a pact with SECI for sale and purchase of power generated from 3,000-mw solar projects – 25 yrs.
• Environmental permit for the construction of coal mines of Adani Enterprises reissued by the Australian gov – $ 7 Billion.
• Hyderabad based Madhucon Projects sold its Madhucon Agra – Jaipur Expressways Ltd (MAJEL) to Singapore-based Cube Highways and Infrastructure for ` 248 crore.
• Apollo Hospital launches Homecare services in Hyderabad, New Delhi and Chennai.
• Life Insurance Corporation (LIC) and Indian Railways signed MoU to develop a bond of ` 2,000 cr.
• Indian School of Business (ISB) signed MoU with Melbourne-based Deakin University.
• 14 Indian energy companies listed in Platts Global Energy Firm Ranking – RIL(14), ONGC(17), Coal India(38), BPC(59),Indian oil(66), GAIL(120)
Top 5 Energy Firms : Exxon Mobil Corp, Chevron Corp, Royal Dutch Shell plc, CNOOC Ltd and Petro China.
• World’s largest life insurers company Nippon Life increased its stake in Reliance Capital Asset Management (RCAM) to 49% from 35% – Rs.1196 crore.
• Aditya Birla Group joins ecommerce with portal abof.com – online fashion portal for apparel, footwear and accessories.
• India’s first Dolphin Community Reserve will be established in West Bengal by state Chief Wildlife Warden Azam Zaidi – Wildlife Protection Act, 1972.

Current Events October 2015 – Awards

• Forbes India Leadership lifetime achievement award 2015 is conferred to Maruti Suzuki Chairman RC Bhargava.
• “Zubaan” movie director Mozez Singh honoured with Rising Director Asia Star award at the ongoing 20th Busan International Film Festival.
• Nobel Prize 2015 Winners
Nobel Prize in Physics
Takaaki Kajita
Tomas Lindahl
Paul Modrich, Aziz
Nobel Prize in Chemistry
Arthur B. McDonald
Nobel Prize in Physiology or Medicine
William C. Campbell,
Satoshi Omura
Youyou Tu
Nobel Prize in Literature
Svetlana Alexievich
Nobel Prize in Peace
National Dialogue Quartet
Nobel Prize in Economics
Angus Deaton
• Tamil Nadu gov bestowed Dr Shanthi Ranganathan with “Avvaiyaar Award 2015” presented by TN CM J Jayalalithaa
• RBI governor Raghuram Rajan recognised as Central Bank Governor of the Year award for Asia 2014.
• India (40%) overtaken Israel and become the third largest startup U.S. and U.K in global startup space. Bengaluru ranked 15th globally.
• Cristiano Ronaldo honoured with fourth GoldenBoot in Madrid.
• Delhi Metro’s bagged ranked first in “information during travel” and holds second position in “train cleanliness and comfort”.
• India’s “An Old Dog’s Diary” wins Best short film award at London Film Festival 2015.
• Kerala’s Thekkady named as the world’s top emerging destination in the inaugural Pacific Asia Travel Association (PATA) CEO Challenge 2015 in Bangkok.
• South Korea’s Seong-Jin Cho won the prestigious 17th international Frederic Chopin piano competition in the Polish capital, Warsaw.
• Zimbabwean President Robert Mugabe awarded with 2015 Confucius Peace Prize by China
• AB de Villiers named brand ambassador of MRF