NATIONAL UPDATES:
1. Film on murdered journalist Gauri Lankesh to be
made: A Kannada film will be made by director AMR Ramesh who knew Gauri Lankesh
personally. He said that his focus will be on who killed her and would be done
with clarity.
2. Solicitor General Ranjit Kumar resigns: The Solicitor General of India
is below the Attorney General for India and its primary lawyer in the Supreme
Court of India. Solicitor General Ranjit Kumar has resigned due to personal
reasons. In June 2014, he was appointed solicitor general after the Modi
government came to power.
3. Meals served on train to have details of quantity
and supplier: Railway Minister Piyush Goyal has directed officials to ensure
that meals served onboard trains carry information about quantity, date of
packing and the contractor supplying it. As of now, the packets only mention if
the food is vegetarian or non-vegetarian.
4. IIT Bombay partially rolls back hiked fee: After
students protested against the fee hike introduced in May this year, the
institute has decided to partially roll back. The roll back varies between
28-43% depending on various categories.
5. 150 people trapped after dam collapses in
Maharashtra: A check dam on Pimpaldoh lake in Maharashtra’s Ahmednagar
collapsed causing flooding and inundation in Arangaon village . They have been
rescued by the National Disaster Response Force teams which were rushed to the
spot.
6. Centre gives clearance to greenfield airport project at Hirasar near Rajkot in Gujarat: The Centre has given clearance for a greenfield airport project at Hirasar, near Rajkot in Gujarat.The Environment Ministry has given the environment clearance to the Gujarat State Aviation Infrastructure Company Ltd (GSAICL) for development of a greenfield airport at Rajkot at a cost of over 1,400 crore rupees.The proposed project will aid the development of trade and tourism besides improving regional connectivity in Gujarat.
6. Centre gives clearance to greenfield airport project at Hirasar near Rajkot in Gujarat: The Centre has given clearance for a greenfield airport project at Hirasar, near Rajkot in Gujarat.The Environment Ministry has given the environment clearance to the Gujarat State Aviation Infrastructure Company Ltd (GSAICL) for development of a greenfield airport at Rajkot at a cost of over 1,400 crore rupees.The proposed project will aid the development of trade and tourism besides improving regional connectivity in Gujarat.
7. Dharmendra Pradhan inaugurates 1st
phase of PNG supply system in Bhubaneswar: The Petroleum Minister Dharmendra Pradhan has
inaugurated first phase of Piped Natural Gas supply system in Bhubaneswar,
Odisha. In the first phase, 255 houses in Nalco Nagar in Chandrasekharpur of
Bhubaneswar were supplied with environment-friendly PNG. Around 25 thousand
households in twin-city Bhubaneswar and Cuttack would get PNG connection by end
of next year. The overall capital expenditure for the Bhubaneswar
and Cuttack gas distribution projects will cost around Rs. 1700 crore. Piped
Natural gas (PNG) is used for Domestic, Commercial and Industrial Consumption.
PNG has several distinctions to its credit of being a pollution-free fuel,
economical and safer fuel being few of them.
8. 500 long distance trains to run
quicker from next month:
The Indian Railways will soon cut short the running time of over 500 long
distance trains by up to two hours. The new timings will be updated in the
November timetable of the railways. The railways has also started the exercise
of an internal audit through which 50 mail and express trains will be upgraded
to super-fast services. This is part of an overhaul of the rail system of
increasing the average speed of existing trains.
9. International conference on consumer
protection to be held on 26th Oct: A two-day international conference on consumer
protection will be held in New Delhi on 26th October, 2017. Prime Minister
Narendra Modi will inaugurate the conference. The conference will discuss how
the UN guidelines on consumer protections can be implemented. The Consumer
Affairs Ministers and representatives of 24 South East Asian countries will
attend the conference on the theme of empowering consumers in the age of new
markets.
INTERNATIONAL UPDATES:
1. Jacinda Ardern to be next New Zealand PM: Jacinda Ardern (37-year) is set to become
the next prime minister of New Zealand just months after taking control of the
opposition Labour party in the middle of an election campaign. She will become
one of her country’s youngest prime ministers and the third woman to lead a government
after winning the support of the nationalist New Zealand First party. The
Labour-NZ First coalition controls 55 of the 120 seats in the country's
parliament and the Green Party supporting it with eight lawmakers cross the 61-mark
to pass policies.
2. Musharraf blames Zardari for Benazir Bhutto’s
murder: Pakistan’s ex-President Pervez Musharraf accused former PM Benazir
Bhutto’s husband Asif Ali Zardari of Bhutto’s murder. Musharraf claimed that
Zardari,who co-chaired the People’s Party of Pakistan after Bhutto’s death had
the most to gain from her murder.
3. Hurricane Maria towards Atlantic Ocean: Hurricane
Maria which struck the Dominica Island made landfall in Puerto Rico. It is
likely to reach the Turks and Calicos Islands, the Bahamas and travel north
into the Atlantic Ocean.
4. UAE appoints country's first Minister of State for
Artificial Intelligence: Artificial
intelligence (AI) is apparently intelligent behavior by machines, rather than
the natural intelligence (NI) of humans and other animals. The UAE has named
Omar Bin Sultan Al Olama (27-years) as the country's first Minister of State
for Artificial Intelligence (AI). His appointment is part of the UAE's ambition
to be at the forefront of the global technological revolution. Other new
positions created in the reshuffle include a Minister for Advanced Sciences and
another for Food Security.
5. Have short range nuclear weapons to counter Indian
conflict - Pakistan: Pakistan PM Shahid Khaqan Abbasi said that the country has
short range nuclear weapons to counter India’s Cold Start military doctrine. Pakistan
is on course of having 350 nuclear weapons, the world’s third largest stockpile
after US and Russia.
6. China gets world’s fastest bullet train: China
started operating the world’s fastest bullet train, Fuxing between Beijing and
Shanghai. The train has an average speed of 350 km/hr and maximum speed of 400
km/hr.
OTHER UPDATES:
SPORTS:
1. Dhoni becomes 6th cricketer to play 300 ODI’s for
India : MS Dhoni played 303 ODI’S overall with the former captain having played
3 ODI’s for Asia XI in 2007.Sachin Tendulkar has played most ODI’s for India at
463 followed by Rahul Dravid at 340.
2. Sindhu, Saina crash out of Japan Open : Sindhu lost
to Japan’s Nozomi Okuhara and Saina lost to Spain’s Carolina Marin in the
second round. Both of them lost to their opponents in straight sets.
BUSINESS/ECONOMY:
1. Birla Sun Life, Max Life initiate merger talks: Analjit-Singh
promoted Max Financial services is in talks with Aditya Birla Group to explore
a merger of their life insurance businesses. Singh is also in talks with Apax
Partners to sell his 30% stake in Max Financial.
2. GSTN launches excel-based offline tool
to file initial GSTR-3B returns: Goods and Services Tax Network (GSTN) has launched
an Excel-based offline tool for businesses to file initial GSTR- 3B returns. Now,
taxpayers can download the offline utility from the GSTN portal and after
filling in the data the file can be uploaded on GST portal. After uploading of
the return to the GST Portal, the taxpayer has to preview the form, complete
formalities like submit, offset the liability and file their GSTR-3B Return
using digital signature or electronic verification code. This facility will
provide an opportunity to the taxpayer to verify details of GSTR 3B before
filing and minimise chances of error.
3. BlackRock sells Singapore office tower for $1.5
billion: World’s largest asset manager, BlackRock, is selling its Asia Square
Tower 2 in Singapore. The deal will mark Singapore’s second largest office
building sale. Last year, Qatar Investment Authority had bought Tower 1 from
Black Rock for $2.5 billion.
BANKING/FINANCE:
1.Govt permits banks to sell more small
savings schemes: The
government has authorized all public-sector banks and three private banks
(ICICI, HDFC, and Axis) to accept deposits under various small savings schemes
like National Savings Certificate (NSC), recurring deposits and monthly income
plan. So far, public sector banks were allowed to receive subscription under
Public Provident Fund (7.8%), Kisan Vikas Patra-2014 (7.5%-mature in 115
months), Sukanya Samriddhi Account (one for girl child savings-8.3%), Senior
Citizen Savings Scheme-2004 (8.3 per%- quarterly). Increased outlets for
selling small savings scheme would result in higher mobilization under the
scheme.
2. Yes Bank cuts over 2,500 jobs: Private sector
lender Yes Bank cut nearly 2,500 jobs citing reasons such as digitisation and
bad performance. The bank had 20,851 employees at the end of June.
OBITUARIES:
1. Former CPI-M MP Amal Datta passes away: Former CPI-M Lok Sabha member Amal Datta
(84-year) passed away at a private hospital in Kolkata yesterday following a
cardiac arrest. Datta represented Diamond Harbour Lok Sabha seat in West Bengal
for 14 years. He was a nephew of veteran Marxist leader Jyoti Basu.