Current Affairs India - 29 October 2013

1. India has slipped three positions to 134th spot in the latest ease-of-doing business list, 'Ease of Doing Business' ranking of 189 economies published by the World Bank. India has dropped from 131 spot last year while Singapore continues to remain at the top.

2. The Central Government has constituted a high-level committee headed by former CRPF Chief, K Vijay Kumar, to look at the division of assets and the administrative framework for Telengana formation from Andhra Pradesh. The committee will visit Hyderabad and will interact with professionals, State Government officials and government bodies before preparing its report.

3. The government has announced Air Marshal Arup Raha as the next chief of the Indian Air Force after Air Chief Marshal NAK Browne retires on December 31, 2013. He is currently posted as the IAF vice-chief.  During a career spanning over 39 years, he has held various command, staff and instructional appointments in the force.


4. Reliance Industries Chairman Mukesh Ambani has retained his title as India-s wealthiest for the sixth year in a row with a networth of USD 21 billion. NRI steel tycoon Lakshmi Mittal (USD 16 billion) also continues to hold the second position, while Sun Pharma-s Dilip Shanghvi secured third place with net worth of USD 13.9 billion followed by Wipro Chairman Azim Premji at fourth place (USD 13.8 billion).

5. N. Ravi has taken over as Editor-in-Chief of The Hindu, and Malini Parthasarathy as Editor of The Hindu. N. Ram has become Chairman of Kasturi & Sons Limited and Publisher of The Hindu and Group publications; and N. Murali, Co-Chairman of the company. These decisions were taken by the Board of Directors of the Company at its meeting today.

6. Private life insurer Birla Sun Life Insurance has appointed Pankaj Razdan as Chief Executive Officer and Managing Director of the company. Birla Sun Life Insurance is the life insurance arm of the Aditya Birla Financial Services Group.He has over two decades- experience in financial services, including leadership positions at Aditya Birla Group and Prudential ICICI Asset Management Company.

7. State Bank of India has opened over 3,000 -zero balance- savings accounts under the -Kanyasree- scheme of the West Bengal Government. The scheme is aimed at reducing the drop-out rates among girl students. The scheme will provide special scholarship and grant to girl students who are continuing their study from 8th to 12th standard and pursuing higher studies.

8. Umesh Chand Asawa, Managing Director and Chief Executive Officer, AP Mahesh Cooperative Urban Bank, has bagged the -Best CEO Award- at the Seventh National Cooperative Summit held during Oct 21-22 in Bangalore. The award was given under the Frontiers in Cooperative Banking - Best CEO category.

9. Tennis player and Hollywood film producer-actor Ashok Amritraj was awarded with the 'Soul of India Award' for his contribution and achievements in the film industry. Leading NRI industrialist Dr Rami Ranger presented the award to him at the Indian Journalists Association's Diwali Dinner held at the Bombay Palace yesterday. On the same occation, Mrs Paul, wife of Dr Virendra Paul, formally launched Amritraj's book 'Advantage Hollywood'.

10. Noted Hindi author Rajendra Yadav, a pioneer of the literary movement 'Nayi Kahani', passed away in Delhi yesterday night. He was 84. He edited the literary magazine 'HANS', which was founded by Munshi Premchand in 1930. The magazine had ceased publication in 1953 but Yadav relaunched it on 31 July, 1986.

11. Bollywood actress Priyanka Chopra became the first Indian to be global brand ambassador of American fashion brand Guess in the last week of October 2013. She will endorse the brand from 2014. With this new brand, She joined the league of Paris Hilton, Drew Barrymore and Claudia Schiffer as the brand ambassadors of Guess. Bryan Adams, Canadian rock star and a photographer also shot the first campaign of Priyanka Chopra for Guess in its signature black and white collection.

12. Dabur has roped in Madhuri Dixit as the new brand ambassador to endorse its brand Dabur Chyawanprash. She will feature in a new television and print campaign which is slated to be launched soon.

13. Indian Oil Corporation has defeated Air India by 5-3 to win the 48th Bombay Gold Cup hockey tournament at the MHA stadium, Mumbai. Sunil was given the man of the tournament award and received a cheque for 5000 rupees from newly appointed chief national coach Terry Walsh at the end of the tournament.