Current Affairs India - 18 October 2015

1. M.K. Surana has been elected as the new chairman and managing director of Indian Oil Marketing PSU Hindustan Petroleum Corp. Ltd (HPCL) by the Public Enterprise Selection Board. He is currently the chief executive officer of Prize Petroleum Co. Ltd, the upstream oil exploration arm of HPCL. He will replace Nishi Vasudeva who will retire in March 2016.


2. G R Chandak, has been appointed as the Director, Centre for DNA Fingerprinting and Diagnostics (CDFD), Hyderabad, which comes under the Department of Biotechnology. His research interests include genetic understanding of complex disorders of pancreas, type 2 diabetes etc. He has published close to 80 articles in peer-reviewed journals including Nature, Nature Genetics, and Lancet etc. He is a member of Science Academy-s and an Adjunct Group Leader at Genome Institute of Singapore.


3. India-s total exports dropped by 24.3% in September compared to same month last per cent to USD 21.8 billion due to lower demand from developed economies. At the same time, total imports dropped by 25.4% in the same month to USD 32.3 billion. Trade deficit for the same month stood at USD 10.5 billion from 14.5 billion in the same month last year. Cumulative exports during the first half of the current fiscal year 2015-16 dropped by 17.4%.


4. Aditya Birla Group entered into India-s e-commerce space and launched a new online fashion store named as Abof.com with an aim to offer shoppers range of merchandise brands from its subsidiaries and other companies. -Abof- stands for Aditya Birla Online Fashion. Prashant Gupta has been appointed as the President and CEO of Abof.com.


5. India's PV Sindhu has ended as Runner-up in the Denmark Open Badminton tournament after she defeated back-to-back world champion Carolina Marin 21-15, 18-21, 21-17 in the semifinal match to final. In the final match she was defeated by Olympic champion China's Xuerui Li 19-21, 12-21.


6. The Indian junior men's hockey team finished the Sultan of Johor Cup tournament as runners up after losing by 3-4 in the penalty shot in the final match against Great Britain. The teams were level 2-2 after full time.