DAILY CURRENT AFFAIRS : October 8 & 9, 2019

Daily Current Affairs (October 8 & 9, 2019) like many other sections is inevitable and this also helps to score in the Banking awareness, Static GK and Financial Awareness sections. Remember, Banking Awareness and Static Awareness Questions are asked from the General Awareness section. This will also help you to ride your preparations for the forthcoming exams.

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NATIONAL NEWS

HRD MINISTER LAYS STONE FOR IIM CAMPUS IN AMRITSAR

Union Human Resource Development Minister Ramesh Pokhriyal Nishank laid the foundation stone of the campus of the Indian Institute of Management in Amritsar’s Manawala.
He said the allocation of 350 crore rupees has been sanctioned for the first phase of the construction while an additional amount of 250 crore rupees would be allocated for the project.
The IIM campus would come up on 60,000 sq metres and have state-of-the-art facilities in the library, academic block and hostels, said Pokhriyal.

IAF CELEBRATES ITS 87TH ANNIVERSARY

The Indian Air Force, IAF, is celebrating its 87th anniversary. The IAF was founded on October 8, 1932.
A grand function was held at the Air Force Station Hindan near Ghaziabad to celebrate the day. A scintillating air display by various aircraft was the hallmark of the Air Force Day Parade-cum-Investiture Ceremony.
The display commenced with flag bearing skydivers of the famous AKASH GANGA Team dropping out of an AN-32 aircraft in their colourful canopies.
The Chiefs of the three Services visited the National War Memorial in New Delhi on the Indian Force Day .Air Chief Marshal, R K S Bhadauria, Army Chief Bipin Rawat and Chief of Naval Staff, Admiral Karambir Singh paid tributes at the memorial.

DELHI CM LAUNCHES FARISHTE DILLI KE

Delhi Chief Minister Arvind Kejriwal launched Farishte Dilli Ke’, a new initiative aimed at felicitating citizens who take accident victims to hospitals.
The government will bear all the expenses related to a road accident. At the launch of the initiative, Kejriwal said more than 3,000 lives have been saved during the trial run of this project in the past one and a half years.
Farishte Dilli Ke’ scheme was launched in February 2017, by the state government as a pilot project.
Under the scheme, the government provides a reward of Rs 2,000 and a certificate to a good Samaritan for taking the accident victims to a hospital.

FIRST RAFALE JET TO BE RECEIVED BY DEFENCE MINISTER RAJNATH SINGH IN FRENCH PORT CITY OF BORDEAUX

Defence Minister Rajnath Singh will meet French President Emmanuel Macron in Paris and receive the first of the 36 Rafale aircraft in the French port city of
His visit to France is aimed at expanding the existing strategic partnership between both the countries.
India had ordered 36 Rafale fighter jets from France in a deal worth 59,000 crore rupees in September 2016. While the formal handover ceremony takes place this week, the first batch of four Rafale jets will fly to their home base in India by May 2020. All 36 jets are expected to arrive in India by September 2022.

3-DAY INDIA INTERNATIONAL COOPERATIVE TRADE FAIR TO BE HELD IN NEW DELHI FROM OCT 11

A three-day India International Cooperative Trade Fair will be held in New Delhi.
The first-ever such fair is aimed at promoting cooperative to cooperative trade within India and abroad leading to enhanced rural and farm prosperity.
Agriculture Minister Narendra Singh Tomar representatives from over 150 cooperative societies and 35 countries including, Australia, Japan, China, Brazil, US, UK, Germany and Iran are going to participate in the fair.
The event will offer a huge opportunity for the industry and business houses from India and abroad to build an alliance, business networking, product sourcing and interact with primary producers of a wide range of products and service providers.
This will be India’s first and the largest international cooperatives trade fair promising to usher in a new era of cooperative excellence.

GOVT LAUNCHES GANGA AAMANTRAN ABHIYAN, A MONTH LONG EXPLORATORY OPEN WATER RAFTING EXPEDITION

Jal Shakti Minister Gajendra Singh Shekhawat launched a unique initiative called ‘Ganga Amantran’ to connect with the stakeholders of the river.
It is a pioneering exploratory open- water rafting and kayaking expedition on the Ganga river to begin. This is the first ever effort by National Mission for Clean Ganga.
The expedition will start at Devaprayag and culminate at Ganga Sagar covering the entire stretch of over 25,000 kilometres of the River.

CENTRE’S GREEN NOD TO RS 1,400 CR AIRPORT PROJECT IN KUTCH

The Centre has given its green nod for developing a commercial airport in Kutch, Gujarat, entailing an investment of about Rs 1,400 crore, according to an official document.
The proposed project to be developed by Mundra International Airport Pvt Ltd was recently approved by the Union Environment Ministry after taking into consideration the views of an expert panel.
The project is expected to generate employment for over 8,000 persons. The project will be commissioned in 2021-22.

BSE JOINS HANDS WITH FICCI TO BOOST MSME SECTOR

To enhance MSME and startup environment, leading stock exchange BSE in association with Ficci organised a brainstorming session to identify gaps in the existing policies and make suggestions for robust policies.
Besides, the session was organised to promote Udyam Saathi and Udyam Sakhi initiatives to foster the micro, small and medium enterprises (MSMEs) sector.

Bombay Stock Exchange

Headquarters: Mumbai Maharashtra

MD and CEO: Ashishkumar Chauhan

INTERNATIONAL NEWS

INDIA, MEXICO AGREE TO WORK TOGETHER ON MULTILATERAL ISSUESIR PICS

The fifth round of Foreign Office Consultations between India and Mexico were held in New Delhi.
The Indian side was led by Secretary (East) Vijay Thakur Singh and Mexican side was led by Deputy Minister of External Affairs of Mexico Julian Ventura Valero.
The two sides reviewed the entire gamut of bilateral cooperation, including political, trade and economic cooperation.
Both sides underscored the need to hold a regular dialogue in these areas through the established bilateral mechanisms.

CHINESE PRESIDENT ON A TWO-DAY VISIT TO INDIA FROM OCT 11

Chinese President Xi Jinping will be on a two-day visit to India for the Second Informal Summit to be held at
Mr Jinping and Prime Minister Narendra Modi had their inaugural Informal Summit in Wuhan, China in April last year.
The forthcoming Chennai Informal Summit will provide an opportunity for the two leaders to continue their discussions on overarching issues of bilateral, regional and global importance and to exchange views on deepening India-China Closer Development Partnership.

WTO TO HOST FIRST WORLD COTTON DAY CELEBRATIONS IN GENEVA

World Trade Organisation, WTO will host the first World Cotton Day (WCD) celebrations in Geneva.
This event stems from the application by the Cotton-4 countries (Benin, Burkina Faso, Chad and Mali) to the United Nations General Assembly for its official recognition of a World Cotton Day, reflecting the importance of cotton as a global commodity.
Union Textiles Minister Smriti Irani is representing India in the five-day event of World Cotton Day being observed at Geneva beginning today. The plenary session will be attended by heads of states, heads of international organisations and executives from the private sector.
A sculpture of Mahatma Gandhi made out of cotton will be displayed to commemorate the 150th birth anniversary of the Father of the Nation.

SOUTH ASIA REGION AL QAEDA CHIEF ASIM UMAR KILLED IN AFGHANISTAN

The leader of Al-Qaeda’s South Asian branch was killed in a US -Afghan joint raid in southern Afghanistan in September.
Asim Umar, who led al-Qaeda in the Indian Subcontinent (AQIS) since its inception in 2014, was killed during a raid on September 23 on a Taliban compound in the Musa Qala district of Helmand Province.

SOUTHEAST ASIA’S NET ECONOMY TO TOP $100 BILLION THIS YEAR

Southeast Asia’s internet economy is on track to exceed $100 billion this year before tripling by 2025, becoming one of the world’s fastest-growing arenas for online commerce according to a research report by Google, Temasek Holdings and Bain & Co.
Total of 6 countries namely Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam were surveyed.
Indonesia’s internet economy is the largest in the region, estimated at $40 billion in 2019, is expected to reach $133 billion mark by 2025. Vietnam’s internet economy is forecast to reach $12 billion in 2019 and up to $43 billion in 2025.

AWARDS AND RECOGNITION

NOBEL PRIZE IN PHYSICS AWARDED FOR DISCOVERIES IN COSMOLOGY

Nobel Prize 2019 for Physics has been announced. Three scientists, James Peebles, Michel Mayor and Didier Queloz have won the Prize for their contribution to the understanding of the evolution of the universe and earth’s place in the cosmos.
One half of the award was given to James Peebles for theoretical discoveries in physical cosmology and the other half jointly to Michel Mayor and Didier Queloz for the discovery of an exoplanet orbiting a solar-type star.
They will share a 9-million kronor cash award, a gold medal and a diploma. The laureates will receive them at a ceremony in Stockholm on December 10.

CHEMISTRY NOBEL PRIZE 2019 GOES TO GOODENOUGH, WHITTINGHAM, YOSHINO FOR DEVELOPMENT OF LITHIUM-ION BATTERIES

Three scientists were awarded the Nobel Prize in Chemistry for their contributions to the development of lithium-ion batteries, which have reshaped energy storage and transformed cars, mobile phones and many other devices in an increasingly portable and electronic world.
The prize went to John B. Goodenough of the University of Texas; M. Stanley Whittingham of the State University of New York at Binghamton; and Akira Yoshino of Asahi Kasei Corporation and Meijo University in Japan.Goodenough, at 97, becomes the oldest winner of a Nobel prize.

PEPSICO INDIA WINS US AWARD FOR SAVING MORE THAN 17 BILLION LITRES OF WATER

The United States named PepsiCo India for the 2019 Secretary of State’s Award for Corporate Excellence (ACE), recognising its efforts to save more than 17 billion litres of water through community water programs and positively impacting 60,000 community members. ACE was established in1999.

APPOINTMENTS

INDIAN-ORIGIN SINGAPOREAN JUDGE JOINS BRUNEI SUPREME COURT

An Indian-origin Singaporean judge has been sworn in by Brunei Sultan Hassanal Bolkiah as a judicial commissioner of the Supreme Court of the sultanate.
Kannan Ramesh’s appointment is for a two-year period and the 54-year-old Justice will continue to hold his position as a full-time judge of the Supreme Court of Singapore.

JUSTICE LINGAPPA NARAYANA SWAMY TAKES OATH AS HIMACHAL CHIEF JUSTICE

Justice Lingappa Narayana Swamy was sworn in as the Chief Justice of the Himachal Pradesh High Court.
He was administered the oath of office by Governor Bandaru Dattatraya in a simple but impressive ceremony held at Raj Bhawan in Shimla. Chief Minister Jai Ram Thakur was present on the occasion.

RANKING AND INDEX

INDIA SLIPS 10 PLACES ON GLOBAL COMPETITIVENESS INDEX; SINGAPORE ON TOP

India has moved down 10 places to rank 68th on an annual global competitiveness index, largely due to improvements witnessed by several other economies, while Singapore has replaced the US as the world’s most competitive economy.
India, which was ranked 58th in the annual Global Competitiveness Index 2018 compiled by Geneva-based World Economic Forum (WEF), is among the worst-performing BRICS nations along with Brazil (ranked even lower than India at 71st this year).

Top 5 countries of the list:
1) Singapore
2) The US
3) Hong Kong SAR
4) Netherlands
5) Switzerland

IMPORTANT DAYS

The Breast Cancer Awareness Month, marked in countries across the world every October, helps to increase attention and support for the awareness, early detection and treatment as well as palliative care of this disease.
There are about 38 million new cases and 458 000 deaths from breast cancer each year (IARC Globocan, 2008).
Breast cancer is by far the most common cancer in women worldwide, both in the developed and developing countries.
World Health Organization (WHO)aims to promote breast cancer control programmes as part of national cancer control plans.

WORLD POST DAY 2019

World Post Day is observed every year on October 9 and marks the anniversary of the Universal Postal Union (UPU), which was set up in 1874 in
World Post Day is observed to create awareness about the role of postal services in the lives of people, as well as its contribution to global development.
It was mooted by an Indian, Anand Mohan Narula in 1969 at Universal Postal Union Congress in Tokyo. Since then, World Post Day has been celebrated all over the world.

SPORTS NEWS

SIMONE BILES WINS 15TH WORLD GYMNASTICS CHAMPIONSHIPS TITLE AS US CLAIM TEAM GOLD

US gymnastics star Simone Biles clinched a record-extending 15th world championship gold medal as the Americans won the women’s team title in Stuttgart, Germany.
This is Simone Biles’ 21st medal at the championships. With this title, she became the most decorated women’s gymnast in history. She defeated Russia’s Svetlana Khorkina to win the title.

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