September 2015 Current Affairs List

1-September
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Current Affairs India - 1 September 2015

  1. The Central Government accepted the Justice AP Shah Committee report on the Minimum Alternative Tax, MAT on foreign institutional investors (FIIs),as announced by Finance Minister Arun Jaitley today. With this, government will not impose levy on FIIs prior to 1st April 2015.

  2. Anjuly Chib Duggal has taken over charge as Secretary in the Department of Financial Services in the Finance Ministry. She replaced Hasmukh Adhia, who has taken over as Revenue Secretary in the same Ministry. Before this appointment, She was holding the charge of Corporate Affairs Secretary.




  1. NTPC-s Director (Technical) A K Jha today took additional charge of Chairman & Managing Director of the company till a permanent Chairman and MD is chosen for the PSU company. Earlier the Central Government has refused to give extension to Arup Roy Choudhury as CMD of NTPC. A search committee headed by Power Secretary P K Pujari is currently looking for a full-time CMD for NTPC.

  2. L C Goyal has been appointed as the Chairman and Managing Director (CMD) of the Indian Trade Promotion Organization (ITPO) by the Central Government. Before this appointment, he was the secretary with Home Ministry.

  3. Indian Mountaineer Jot Singh of Indo-Tibetan Border Police (ITBP) has been honoured with the Tenzing Norgay National Adventure Award 2014-15 by President Pranab Mukherjeeduring the national sports awards presentation ceremony held at the Rashtrapati Bhavan on the National Sports Day - 29thAugust. He has become the 11th ITBP official to receive this honour.

  4. The Reserve Bank of India (RBI) has declared State Bank of India (SBI) and ICICI Bank as Domestic Systemically Important Banks (D-SIBs) in line with the D-SIB Framework released by the RBI in July last year. These two banks have been identified as D-SIBs based on the methodology provided in the D-SIB Framework and data collected from banks as on 31stMarch 2015.


As a result, SBI has been put under Bucket 3 with additional Common Equity Tier 1 (CET1) requirements as a percentage of Risk Weighted Assets (RWAs) placed at 0.6% while ICICI Bank has been put under Bucket 1 with additional CET1 requirements as a percentage of RWAs placed at 0.2%.

  1. India ended a 22 year long wait of winning test series over Sri Lanka on Sri Lankan soil after completing a 117-run victory in the third and final test against Sri Lanka today. After setting a big target of 386 to win, Sri Lankan batsmen were all out at 268 only.


 
2-September
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Current Affairs International - 2 September 2015

  1. USAPresident Barack Obama approved the proposal to rename Mount McKinley, the highest mountain peak in North America, as Denali. As per the White House statement "This designation recognises the sacred status of Denali to generations of Alaska's natives." The mountain, which sits in the 6 million-acre Denali national park, has been known as Denali in Alaska since 1975.

  2. Durban city in South Africa has been selected as the host for the 2022 Commonwealth Games at the Federation-s general assembly in New Zealand today. The 2022 Commonwealth Games will be held from 18thto 30thJuly. The Commonwealth Games are held every four years and feature athletes from over 50 countries, mostly former British colonies.


Current Affairs India - 2 September 2015

  1. India was awarded with the UNESCO prize -Award of Excellence- 2015 for the conservation efforts of the Sree Vadakkunnathan Temple in Kerala. The award was given in the Asia Pacific Heritage Award for Cultural Heritage Conservation which recognizes the conservation effort of sacred sites and its tangible attributes with conservation techniques emphasizing on architecture and construction. Sree Vadakkunnathan Temple is an ancient Hindu temple dedicated to Shiva located in Thrissur district of Kerala.

  2. Union Ministry of Youth Affairs and Sports has recognized -Yoga- as a sports discipline and placed it in the Priority category while reviewing and revising the categorization of various Sports disciplines across the country.

  3. India-s leading e-commerce company Snapdeal has acquired Silicon Valley-based startup Reduce Data, a programmatic display advertising platform for an undisclosed sum. This is the twelfth acquisition done by Snapdeal since 2010. Founded in 2012, Reduce Data's platform uses artificial intelligence, real-time data and other tools, to help brands deliver advertising strategies for consumers across platforms and devices.


 
3-September
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Current Affairs India - 3 September 2015

  1. The West-Central Railway (WCR) zone has become the first Railway Zone in Indian Railways to eliminate all unmanned level crossings when the target was achieved after all 118 unmanned level crossings of WCR zone were eliminated in phase manner by 31stAugust, 2015. This target was achieved by constructing 33 Limited Height Sub Ways (LHs) and manning of 30 level crossings.

  2. India-s largest stock exchange National Stock Exchange (NSE) has formalized a memorandum of understanding with the Stock Exchange of Mauritius (SEM)to facilitate co-operation between these two exchanges.


The MOU will encompass education, training and knowledge transfer in securities markets, product development and indice creation as well as capacity development in surveillance and investigation.

  1. Swiss power and Tech giant ABB has appointed Bazmi Husain, managing director of ABB India, as the global chief technology officer, first time for an Indian. He has been with ABB for 30 years and will take over the new position in the beginning of 2016. Husain will now report to Group CEO Ulrich Spiesshofer.

  2. Vinod Dasari, Managing Director, Ashok Leyland has been elected President of Society of Indian Automobile Manufacturers (SIAM), the apex Industry body representing leading vehicle and vehicular engine manufacturers in India.Also Arvind Saxena, President and Managing Director, General Motors India has been elected as the new Vice - President while Kenichi Ayukawa, Managing Director & CEO, Maruti Suzuki India is appointed the new Treasurer.


 
4-September
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Current Affairs International - 4 September 2015

  1. The Indian football team-s ranking improved by one place to occupy 155th place in the latest FIFA rankings released yesterday. Earlier in July, India had dropped 15 positions to 156th place after two successive defeats in the 2018 FIFA World Cup qualifiers. Argentina is ranked at No. 1 position followed by Belgium, Germany, Colombia and Brazil in the top positions.

  2. US payrolls rose less than expected in August and unemployment rate dropped to 7 and half year low of 5.1% in the same month.With this improved job and payroll data, Fed may increase rates later this month.


Current Affairs India - 4 September 2015

  1. Union Government has cancelled licence of NGO, Greenpeace India to receive foreign donations amid recent claims of not disclosing movement of its funds.The license was cancelled under Section 13 of Foreign Contribution Regulations Act (FCRA), 2011. Post this, Greenpeace India will be not able to receive any kind of foreign donations from its international network.


Greenpeace India is the subsidiary of the global environmental group Greenpeace, a non-profit NGO, which has its presence in 40 countries across the world.

  1. Reserve Bank of India (RBI) has announced to issue coins of 5 rupees denomination to commemorate golden jubilee year of Indo-Pak War 1965.These coins will be issued under in The Coinage Act, 2011. It will bear Lion Capital of Ashoka Pillar in the centre and Satyamev Jayate will be inscribed below it.

  2. PSU firm Oil and Natural Gas Corp. (ONGC) acquired 15% stake in Russia's second-largest oil field from Rosneft for about USD 1.35 billion. ONGC Videsh Ltd, the overseas investment arm of the state explorer, signed agreements in Moscow to buy 15% stake in the Vankor oil field in East Siberia. The 15% stake will give OVL about 3.5 million metric tonnes of oil a year.

  3. Edelweiss Financial Services has roped in World No. 1 women-s badminton player Saina Nehwal as its brand ambassador for 3 years. Nehwal will be part of a national multimedia campaign and she will wear Edelweiss brand logo in her jersey while playing for domestic and international tournaments.


 
5-September
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6-September
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Current Affairs International - 6 September 2015

  1. Lewis Hamilton extended his lead in this year's world championship to 53 points after winning the Italian Grand Prix today. Sebastian Vettel secured second position and Felipe Massa secured third position in the race while Nico Rosberg was forced to retire with two laps to go.

  2. Australia's famous all-rounder Shane Watson announced his retirement from Test cricket today. With this, his 10 year old test career came to an end. He played 59 Tests for Australia, scoring 3,731 runs and taking 75 wickets. He will continue to play shorter form of Cricket including ODIs and T20s.


Current Affairs India - 6 September 2015

  1. Haryana Government has won the Skoch Order-of-Merit national award for implementing six e-Governance and IT initiatives in the state, announced by Chief Minister Manohar Lal Khattar in the state Assembly.The award will be presented to the state government later this month.


Skoch Order-of-Merit national award is given to top performing government organisations and private organisations working with the government. Given by Skoch Consultancy Services Private Limited, a strategy and management consulting firm founded in 1997.

  1. The IMF said India is among the few bright spots in the global economy as G20 finance ministers began their two-day meeting against the backdrop of concerns over Chinese economic slowdown looming large on world markets.International Monetary Fund (IMF) chief Christine Lagarde said that at the meeting of G20 finance minister and Central Bank Governors where they also discussed monetary policy uncertainties.

  2. Bollywood music composer-director Aadesh Shrivastava passed away in Mumbai on 5thSeptember after suffering from cancer.He has been treated at the Kokilaben Dhirubhai Ambani Hospital for over 40 days after his cancer relapsed for the third time.


 
7-September
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Current Affairs India - 7 September 2015

  1. The Central Government has approved to implement One Rank One Pension (OROP) scheme for retired army personal as promised by Prime Minister Narendra Modi as a part of his pre-Lok Sabha election agenda. The OROP will be effective from 1stJuly 2014 and it will provide ex-servicemen of same rank and same length of service uniform pension regardless of date of retirement for all three services - Army, Navy and Air Force.


Also Pension will be revised every five years and future enhancements in rates of pension would be automatically passed to the past pensioners. Estimated cost of this implementation will be nearly Rs. 8000 to Rs. 10,000 crore now and will increase in future.

  1. Indian boxer Vikas Krishan won the silver medal in the Asian Championships held in Bangkok after defeating Uzbekistan-s Bektemir Melikuziev by 0-2 score in the final match of 75-Kg category.Other Indian Boxers Shiva Thapa (56kg), Devendro Singh (49kg) and Satish Kumar (+91kg) won bronze medals each in their respective categories.


 
8-September
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Current Affairs India - 8 September 2015

  1. Union Information and Broadcasting Minister Arun Jaitley launched the e-version of the 100 volumes of the Collected Works of Mahatma Gandhi (CWMG) in New Delhi.The works of Mahatma Gandhi compiled by a team of Scholars includes historic speeches of Gandhi, logical profiles of Gandhi-s life and thought, action and engagements. The CWMG project started on September 1956and ended on 2ndOctober 1994 with the publication of the 1000thvolume.

  2. Seven Indians were feature in Forbes Asia-s ninth Heroes of Philanthropy list published today. The list includes four co-founders of Infosys which include Senapathy Gopalakrishnan, Nandan Nilekani and S D Shibulal and N R Narayana Murthy-s son Rohan for donating USD 5.2 million to Harvard University Press for promoting ancient Indian literary classics.


Other Indians in the list are Kerala-born entrepreneur Sunny Varkey, who pledged about half of his USD 2.25 billion dollar fortune to charity as part of Bill Gates and Warren Buffet-led Giving Pledge initiative, Dubai-based Varkey is the founder of GEMS Education and brothers Suresh Ramakrishnan and Mahesh Ramakrishnan, both London-based entrepreneurs and founders of Whitcomb & Shaftesbury Tailors on London-s Saville Row.

  1. Renowned agricultural expert Professor Ramesh Chand has been appointed as new member of Niti Aayog.He has been working as Director of National Institute of Agricultural Economics and Policy Research (NIAP) in New Delhi since 2010. He is also a member of a task force on agriculture development under Niti Aayog.

  2. J Manjula, has been appointed the new Director General (DG - Electronics & Communications Systems or ECS) of the Defence Research and Development Organisation (DRDO).With this, DRDO will have a woman scientist heading an important cluster with the high rank of a Director General for the first time. She will be one of the seven DG's, who are heading different clusters within the DRDO.

  3. The Reserve Bank of India (RBI) has cancelled the license of Sahara India Financial Corporation Limited (SIFCL) due to several irregularities and ignoring financial rules and regulations by Sahara. The action has been taken by the department of non-banking supervision of the RBI. The RBI had earlier barred the company in 2008 from taking any deposits from the people under its chit fund operations.

  4. Hindustan Unilever Ltd (HUL) has announced that it would transfer of its bread and bakery business under the -Modern- brand to Nimman Foods Pvt Ltd, an investee company of the Everstone Group. This deal is subjected to necessary regulatory approvals.


HUL-s bread and bakery business consists of a full range of white and sweet breads, health and wellness breads and value-added bakery products such as cakes, muffins, buns, pavs, cream rolls under the Modern brand name.

  1. Global credit rating agency, Moody-s Investors Service has projected India-s GDP growth at 7% for the current financial year 2015-16 due to slower recovery in industrial output. It has also reduced growth projections for other Asian countries.


At the same time, Swiss brokerage UBS has downgraded India-s GDP growth projection for the current financial year to 7.1% compared to earlier GDP growth forecast of 7.5%. It has projected GDP growth rate for next financial year to 7.6% from earlier forecast of 8.3%.

  1. Indian Weightlifter Deepak Latherwon goldmedal in the 62kg category in the 5thYouth Commonwealth Games (CYG).This was India's second gold in weightlifting after Jamjang Deru won the yellow medal in the 56 kg category on the opening day of the event.


 
9-September
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10-September
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Current Affairs International - 10 September 2015

  1. United Kingdom-s Queen Elizabeth II became the longest-reigning Monarch of Britain and the longest-reigning female monarch in history on 9thSeptember when she surpassed the previous record held by her great-great-grandmother, Queen Victoria who had reigned dynastical institution of Britain for more than 63 years and 7 months.Also Queen Elizabeth II (88 years old) is now world-s oldest living monarch.


She acceded to the throne on 6 February 1952 at the age of 25 after her father, King George VI passed away and she was crowned as queen of Britain and other realms, including Canada and Australia on 2 June, 1953.

  1. The Supreme Court of Pakistan has ordered immediate adoption of Urdu as official language of the country which will make Government offices in Pakistan to use Urdu as an official language. The order was passed by a three member bench headed by Chief Justice Jawwad S Khawaja when hearing a petition filed by Advocate Kokab Iqbal for promotion and implementation of the national language.


Current Affairs India - 10 September 2015

  1. The Union Cabinet has approved Gold Monetization Schemes that were first announced by the Union Finance Minister Arun Jaitley in his 2015-16 budget speech earlier this year. Under this initiative, revamped Gold Deposit Scheme (GDS) and the Gold Metal Loan (GML) Scheme will be implemented. These revamped schemes are in addition to the Sovereign Gold Bond Scheme as approved by the Cabinet.


The main objective of these schemes are to mobilize the gold held by households and institutions in the country and to provide a fillip to the gems and jewellery sector in the country by making gold available as raw material on loan from banks.

  1. The Union Cabinet has also approved for the Sovereign Gold Bonds Scheme in order to reduce the demand for physical gold and to shift part of the estimated 300 tons of physical bars and coins purchased every year for investment into Demat (Dematerialised) gold bonds. It was first announced by Union Finance Minister Arun Jaitley-s 2015-16 budget speech.


He announced three major initiatives viz., Gold Monetisation Scheme, Sovereign Gold Bond Scheme and Indian Gold Coin to curb demand for physical gold during his budget speech earlier this year.

  1. The Union Cabinet has allowed 100% foreign direct investment (FDI) under the automatic route for white label ATM operations (WLAO).This is expected to boost FDI inflows in WLAO further giving a fillip to the government-s ambitious effort to promote financial inclusion in the country, including the Pradhan Mantri Jan Dhan Yojna (PMJDY).

  2. US President Barack Obama will honour Indian-American Pulitzer Prize winner Jhumpa Lahiri with the prestigious National Humanities Medal in recognition of her enlarging the human story. The White House said in her works of fiction, Dr Lahiri has illuminated the Indian-American experience.

  3. Famous Indian Golfer Anirban Lahiri has become the first Indian to qualify for the prestigious President-s Cup of Golf.  He was qualified to this prestigious cup through automatic qualifications as team member of the International Team which is set to take on United States team in the biennial Presidents Cup 2015 to be held at Incheon, South Korea. He was awarded with Arjuna Award by Indian Government in 2015.


 
11-September
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12-September
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13-September
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Current Affairs International - 13 September 2015

  1. Singapore's ruling party won the recently held election and came back to power again with reelection of Prime Minister Lee Hsien Loong.The PAP (People's Action Party) got 83 of the 89 seats in Parliament while the opposition Workers' Party captured only 6 seats. The PAP has won 69.86% of the votes cast, as per the Elections Department.

  2. Jeremy Corbyn has been elected leader of the British Labour party in an excellent first round victory.He won nearly 59.5% of first-preference votes, defeating his rivals Andy Burnham, who trailed on 19%, and Yvette Cooper who received 17%.

  3. The post service in Sacramento has appointed Indian American Jagdeep Grewal as its new postmaster. With this the Sacramento post service has got a female postmaster after nearly 166 years. The U.S. Postal Service said that Grewal will oversee 1,004 employees who process and deliver mail on 537 city routes and 94 rural routes and fill nearly 20,000 post office boxes.

  4. PepsiCo CEO Indra Nooyi has been ranked as the only Indian-origin executive in Fortune's list of 50 most powerful women in business which was released by the Fortune Magazine today. She was ranked at 2ndposition in the list.


The list has been topped by General Motors CEO Mary Barra followed by Indra Noyii, Ginni Rometty (CEO of IBM), Marillyn Hewson (CEO, Chairman and President of Lockheed Martin), Ellen Kullman (CEO and Chairman of DuPont), Abigail Johnson (CEO and President of Fidelity Investments), Meg Whitman (CEO, Chairman and President of Hewlett-Packard (HP)), Sheryl Sandberg (COO of Facebook), Irene Rosenfeld (CEO and Chairman of Mondelez International) and Phebe Novakovic (CEO and Chairman of General Dynamics).

  1. Italy's Flavia Pennetta won the Women's Singles trophy of the US Open after defeating compatriot Roberta Vinci in straight sets, 7-6, 6-2 in the final match. With this she not only won her first Grand Slam title but also become the first Italian to open US Open Grand Slam.


The French team of Nicolas Mahut and Pierre-Hugues Herbert won the Men's Doubles title at the US Open last night.
Current Affairs India - 13 September 2015

  1. Union Minister of Human resource development Smriti Irani launched the national web portal for promotion of a national apprenticeship scheme this week. The scheme was launched to provide opportunities for practical training, is for graduates, diploma holders and 10+2 pass vocational certificate holders.


The portal would also offer security for women at workplace and ensure grievance redressal for the apprentice. It will also be a multilingual platform which currently engages with the user in Marathi, Bengali, Tamil and Hindi.

  1. Union Cabinet chaired by the Prime Minister Narendra Modi has approved to constitute the 21st Law Commission of India (LCI) which will have a period of 3 years with effect from 1stSeptember 2015 to 31stAugust 2018. It will undertake research in existing laws by reviewing them for making reforms therein and enacting new legislations.

  2. Union Cabinet has cleared National Offshore Wind Energy Policy to generate electricity from offshore windmills located in areas within Exclusive Economic Zone (EEZ) this week. Offshore wind power projects and R&D activities will be carried in waters up to the seaward distance of 200 Nautical Miles (EEZ of the country) from the base line. Union Ministry of New & Renewable Energy (MNRE) will be nodal Ministry. National Institute of Wind Energy (NIWE) will be nodal agency for allocation of offshore Wind Energy blocks.

  3. The road transport and highways ministry has said that it would add nearly 50,000 km of roads to the National Highways (NH) network within India in the next six months. This addition within two years of the Narendra Modi government will be more than twice the length NDA-I had added in its six years and over three times of what UPA added in its 10-year rule.

  4. Shashidhar Sinha, the CEO of IPG Mediabrands India, has been elected as chairman of ABC during the 67th Annual General meeting for the year 2015-16. He also chairs the Broadcast Audience Research Council (BARC) and is actively involved in other industry bodies including Advertising Standards Council of India, Media Research Users Council, and Ad Club.


At the same time, L. Venkat of EENADU has been elected as Deputy Chairman of ABC and Madhan Kumar of Mudra Communications has been elected as Treasurer of ABC.

  1. G Satheesh Reddy, Scientific Adviser to Raksha Mantri, has been awarded with the Silver Medal of Royal Aeronautical Society (RAeS), London. With this, he has become the first defence scientist working in India to be honoured with the award by the Society. Reddy is also Director of the Research Centre Imarat, Hyderabad and a distinguished scientist with the Defence Research and Development Organisation.


The RAeS is the world's only professional body dedicated to the entire aerospace community. Established in 1866 to further the art, science and engineering of aeronautics, the Society has been at the forefront of aerospace.

  1. Rakesh Sharma was appointed as Managing Director (MD) and Chief Executive Officer (CEO) of PSU Bank Canara Bank.Before this appointment he was the MD and CEO of Lakshmi Vilas Bank.

  2. Famous water policy expert Ramaswamy R. Iyer passed away in New Delhi after a brief illness due to viral fever. He was 86.He was He was best known for producing a rich body of commentary on water policy and environmental issues and played a key role in drafting India-s first National Water Policy in 1987.

  3. India-s current account deficit dropped to 1.2% of GDP in the first quarter of the current financial year compared with 1.6% in the same period last year due to decline in merchandise imports. The reduction in the CAD was also enabled by higher net earnings through services exports and lower outflow on account of primary income (profit, dividend and interest), as per RBI data on balance of payments


In absolute terms, the CAD stood at USD 6.2 billion in the April-June quarter, compared with USD 7.8 billion in the same quarter last year.

  1. JK Tyre & Industries (JK Tyre) and JK Asia Pacific Singapore Pte Ltd, a wholly-owned subsidiary of JK Tyre signed an agreement with Kesoram Industries Ltd (KIL) to acquire 100% equity in Cavendish Industries Ltd (CIL) For Rs 2,200 crore.CIL has a tyre factory located at Haridwar which manufactures a range of tyres, tubes and flaps.

  2. India-sLeander Paes and her Swiss partner Martina Hingis won the US Open mixed doubles title after defeating Americans Bethanie Mattek-Sands and Sam Querrey 6-4, 3-6, 10-7 in the final match. This is 17th Grand Slam title for Leander Paes.With this victory, they became the first team since 1969 to win three Grand Slam mixed doubles titles in the same season at the US Open.

  3. India-s Sania Mirza and her doubles partner Martina Hingis defeated Aussie-Kazakh team of Casey Dellacqua and Yaroslava Shvedova by 6-3, 6-3 in the Final to win the Doubles title at the US Open today. This is their second Grand Slam title this season after winning doubles title at the Wimbledon earlier this year.


 
14-September
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Current Affairs International - 14 September 2015

  1. Australia will get its fifth prime minister in eight years after the ruling Liberal Party voted out Tony Abbott in favour of long-time rival Malcolm Turnbull today. Malcolm Turnbull won a secret party vote by 54 to 44 to become the next Prime Minister of Australia.

  2. Top seeded Novak Djokovic won his third Grand Slam title of 2015 and 10th career Grand Slam when he defeated Roger Federer by a 6-4, 5-7, 6-4, 6-4 in the US Open final of Men-s singles title. The defeat shattered 34-year-old Federer-s bid to become the oldest US Open champion in 45 years.


Current Affairs India - 14 September 2015

  1. India's goal of becoming a permanent member of the UN Security Council took a significant step forward today whenThe UN General Assembly adopted a negotiating text by consensus for the long-pending Security Council reforms amidprotests from China, Russia and Pakistan.


UN General Assembly President Sam Kutesa convened a plenary meeting to take action on the draft decision on the "Question of equitable representation on and increase in the membership of the Security Council and related matters". India welcomed the decision, saying, "We look forward to early commencement of text-based negotiations with a view to securing concrete outcomes during the 70th session of the UNGA. We call upon all member states to constructively engage in this process so that the long pending reform of the UN Security Council can be achieved."

  1. Hindi Divasor Hindi Daywas observed on 14thSeptember 2015 across India to promote the language and show its importance of Hindi as a language.President Pranab Mukherjee presented the Rajbhasha awards for various categories at a function held in Rashtrapati Bhavan, New Delhi today.

  2. Prabhat Kumar Singh took over as the new Managing Director and CEO of Petronet LNG Ltd, India-s biggest liquefied natural gas importer.Earlier, he was the Director of Marketing at state gas utility GAIL India Ltd before his appointment at Petronet. He replaced A K Balyan, who had completed his five-year term on 15thJuly.

  3. Hormusji N Cama was unanimously elected as the new chairman of the Press Trust of India (PTI) today.He is the Managing Director of Bombay Smachar, which is the oldest continuously-published newspaper in India from 1855. He succeeded Mohan Gupta, Chairman and Managing Director of the Jagran Prakashan Limited (JPL).

  4. CEO of India-s two largest banks,Chanda Kochhar and Arundhati Bhattacharya have been ranked as top two in a list of most powerful women in Asia-Pacific published by the global business magazine Fortune. Chanda Kochhar, CEO of ICICI Bank, secured the first place followed by Arundhati Bhattacharya, CEO and MD of State Bank of India.


Nishi Vasudeva, Chairman and MD of State-run oil marketing company Hindustan Petroleum Corporation, secured fifth rank while Shikha Sharma, CEO of Axis Bank, secured ninth spot in the list.

  1. Famous Classical dancer, Kalamandalam Sathyabhama passed away in Palakkad district of Kerala.She was 77. She was considered as a matriarch of Mohiniyattam and was well-known for her experimental reforms in this classical dance form which helped to preserve and popularise the traditional art form. She was awarded with the Padma Shri award by Indian government in 2014 and Sangeet Natak Akademi Awardin 1994.


IIP grew by 4.2% per cent in July; Inflation dropped to record low
India's Index of Industrial Production, the most important parameter to judge performance of industrial sector, grew by 4.2% in July compared to 3.8% in June due to rise in growth of manufacturing sector. This was much higher compared to 0.9% growth recorded in the same month last year. Manufacturing sector output, which constitutes over 75% of the index, grew by 4.7% in July compared to 4.6% in June.
India-s overall inflation, measured by the wholesale price index, stood at (-)4.95% in August compared to (-)4.05% in July. At the same time, India-s retail inflation, measured by the consumer price index, dropped further to 3.66% in the same month. Consumer food price index (CFPI) increased slightly to 2.20% in August from 2.15% in July.
With lower Inflation numbers, all eyes are now on the RBI to see if it will announce any rate cut during its next monetary policy review meet on 29th September or not. India-s Chief Economic adviser, Government and Indian Inc. have all asked for rate cut now to boost India-s economic growth.
 
15-September
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Current Affairs India - 15 September 2015

  1. India-s two institutes, IISC Bangalore and IIT Delhi has been ranked in the list of top 200 universities in the world as per the QS World University Rankings for the first time. New entrant IISc Bangalore is ranked 147th, while IIT Delhi has climbed is ranked 179th in this list.


The top two ranks were retained by MIT and Harvard University. The QS Rankings are based on six indicators, with varied weightage given to each one: Academic reputation (40 per cent); employer reputation (10 per cent); student-to-faculty ratio (20 per cent); citations per faculty (20 per cent); international faculty ratio (5 per cent); and international student ratio (5 per cent).

  1. Gujarat has been ranked as the topmost industry friendly state in the World Bank's first ever ranking of states published on the ease of conducting business in India.All the states were evaluated based on the execution of a 98-point reforms agenda over a six-month period - from January to June. Gujarat is followed by Andhra Pradesh at second position and Jharkhand at third position.

  2. Scientific Advisor to the Defence Minister Dr G Satheesh Reddy was awarded with the Royal Aeronautical Society's (RAeS) prestigious silver medal in London, UK this month for his contributions to the Defence Research and Development Organisation (DRDO)as one of the leading navigation and avionics experts. Dr. Reddy is the only Indian Defence Scientist to have received this award.

  3. Reserve Bank has cancelled the certificate of registration of the Sahara India Financial Corporation as Non-bank financial company, NBFC with effect from 3rdSeptember.Post this, the company cannot transact business as a NBFC. Earlier, markets regulator SEBI had cancelled mutual fund and portfolio management licenses of other firms of the group.


 
16-September
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Current Affairs India - 16 September 2015

  1. The Union Cabinet has approved a Scheme to boost social, economic and infrastructure development in rural areas.The government has earmarked over Rs 5,000 crore for the Scheme named as Shyama Prasad Mukherjee Rurban Mission, SPMRM.


The Cabinet committee on Economic Affairs (CCEA) also approved setting up of committee to propose Exim bank scheme to offer concessional finance to companies bidding for infra projects abroad. The CCEA has also approved doubling of 284 kilometres Hotgi-Kudgi-Gadag Railway line costing Rs 2,058 crore.

  1. Bollywood actor Anupam Kher received the -Certificate of Recognition- from the California legislature for his dedication to helping Kashmiri Hindu community.Anupam Kher is also a Kashmiri Hindu himself. The certificate added to the list of honours Kher has received in the US.

  2. The Reserve Bank of India (RBI) has granted in-principle approval to 10 applicants to set up small finance banks in order to achieve financial inclusion and to bring the weaker sections of the society under formal banking.


The applicants selected for setting up small finance banks include Au Financiers Ltd, Capital Local Area Bank, Disha Microfin, Equitas Holdings, Ujjivan Financial Services, Utkarsh Micro Finance, ESAF Microfinance and Investments, Janalakshmi Financial Services, RGVN Microfinance and Suryoday Micro Finance.

  1. Indian pharma giant Sun Pharma announced its acquisition of US-based eye-care company InSite Vision Inc. Sun Pharma will be USD 0.35 per share which will make the deal worth of USD 48 million.InSite, which develops specialty ophthalmic products, has three late stage programmes in its product pipeline.


 
17-September
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Current Affairs International - 17 September 2015

  1. The US Federal Reserve has kept interest rates unchanged today during monetary policy review meet amid concerns about a weak world economy. It has also kept the possibility of a rate hike later this year. Investors and Economists around the world were expecting a rate hike by the Fed this time after keeping the interest rate at record low level since financial crisis in 2008.

  2. Nepal's parliament has approved a new constitution with full majority with effect from 20thSeptember. It was passed by 507 votes in favor compared to 25 votes in against. It comes after years of political crisir, while Nepal was governed by an interim constitution after the monarchy was abolished in 2008.

  3. Bangladesh Prime Minister Sheikh Hasina has been announced as one of the winners of the United Nations Champions of the Earth award in recognition of initiatives taken by Bangladesh to address climate change.


The award cites, among other initiatives, the progressive Bangladesh Climate Change Strategy and Action Plan of 2009, which made the South Asian nation the first developing country to frame such a coordinated action plan. Bangladesh is also the first country to set up its own Climate Change Trust Fund, supported by nearly USD 300 million of domestic resources from 2009-2012.

  1. A 15-year-old Indian-American girl Swetha Prabakaran has been selected for the prestigious Champions of Change award by the White House for her efforts for empowering the community by imparting education of Internet coding through her non-profit Organisation. She is among eleven young women selected by the White House as Champions of Change.

  2. City Hangzhou in China will host the 2022 Asian Games, as confirmed by the Olympic Council of Asia at its General Assembly in Ashgabat yesterday. The capital of China-s Zhejiang province, Hangzhou, was the sole bidder to stage the 19th edition of Asian Games. China hosted the Asian Games twice before, Beijing in 1990 and Guangzhou in 2010.


Current Affairs India - 17 September 2015

  1. The Union Cabinet chaired by the Prime Minister Narendra Modi, has approved to provide an additional 50 days of unskilled manual work in the financial year over and above the 100 days assured to job card holders, in such rural areas where drought or natural calamities have been notified. This will enable States to provide additional wage employment to the rural poor in drought affected areas. The poorest rural households will benefit from this, as it will help in immediate absorption of rural seasonal unemployment, and reduce rural distress.

  2. India-s export growth dropped by 20.66% in August to USD 21.26 billion, which is a drop for the ninth consecutive months.The drop was mainly due to weak global demand amid slower economic growth in developed economies. Total imports dropped by 9.95% in the same month to USD 33.74 billion due to steep decrease in oil prices.


The trade deficit stood at USD 12.47 billion compared with USD 10.66 billion in the same month last year. Exports during April-August period of financial year 2015-16 stood at USD 111.09 billion, 16.7% lower than the comparable period last year. Imports during the same period dropped by 11.61% to USD 168.61 billion. Trade deficit during the same period stood at USD 57.51 billion.

  1. Railways shot putter Manpreet Kaur became the latest Indian athlete to qualify for next year's Olympics when she broke an 18-year-old national record to win sixth title at the 55th National Open Athletics Championship today.She threw 17.96 metres in her second attempt to claim the gold medal.


 
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Current Affairs International - 20 September 2015

  1. Afghan refugee teacher Aqeela Asifi has been awarded with the 2015 United Nations High Commissioner for Refugees (UNHCR) Nansen Refugee Awardfor her continuous and tireless dedication to educate Afghan refugee girls in the Kot Chandana refugee village in Mianwali, Pakistan in spite of spending life in exile.


Current Affairs India - 20 September 2015

  1. Union Government has launched the Pradhan Mantri Khanij Kshetra Kalyan Yojana (PMKKKY) for the welfare of people affected by mining related operations which aims to provide help to the people affected by mining related operations by using the funds collected by District Mineral Foundations (DMFs).Another aim is to mitigate the adverse impacts due to mining operation on the health and environment.

  2. The Employees Provident Fund Organisation (EPFO) has increased the life insurance cover of its subscribers from current Rs 3.6 lakh to Rs 6 lakh which will benefit around 40 million members of EPFO. The central board of trustees (CBT), the highest decision-making body of the EPFO, also decided that the subscriber will not be required to serve continuous employment of one year in a company before being eligible for insurance benefit.

  3. Metro Man Elattuvalapil Sreedharan has been invited to the United Nations- High Level Advisory Group on Sustainable Transport (HLAG-ST) by UN Secretary General Ban Ki-moon for a period of 3 years.Considered as Metro Man, he was the project owner of Konkan Railway and the Delhi Metro projects were completed on time.


He was awarded with Padma Shri in 2001 and Padma Vihushanb in 2008 by Indian Government and Chevalier de la Legion d-honneur in 2005 by the French Government.

  1. Veteran cricket Marathi commentator Bal Pandit passed away in Pune. He was 89. He is considered as pioneer of cricket commentary in Marathi who had made the game more popular in Marathi households.He was famous for his lucid live commentary of both domestic and international matches on All India Radio (AIR) for over four decades. He was also a prolific cricket writer and had written about 30 books.

  2. Indian Cricketer Ajinkya Rahane has been conferred with the honorary life membership by the Cricket Club of India (CCI) on 18thSeptember. With this award, he joins a famous list of sportspersons, including Sunil Gavaskar, Viv Richards, Geet Sethi, Michael Ferreira, Muttiah Muralitharan and MS Dhoni etc.


 
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Current Affairs International - 21 September 2015

  1. The International Day of Peace was observed on today (21stSeptember) across the world to raise importance of peace and recognize the efforts of those who have worked hard to prmote the same.The theme of International Day of Peace for the year 2015 is -Partnerships for Peace- Dignity for All-.


The United Nations General Assembly has devoted this day to strengthen the ideals of peace, both within and among all nations and peoples.

  1. Nepal has adopted new Constitution on 20thSeptember which marks the country-s transition to a secular and democratic republic. The new Constitution was unveiled by Nepalese President Ram Baran Yadav at a special ceremony held in Parliament at Kathmandu. Before the Parliament had unanimously adopted the new Constitution by a 507-25 votes in the 601 seat Constituent Assembly (CA) after seven years of deliberations. The new Constitution has been drafted by second Constituent Assembly (CA) headed by Subash Nemwang which was elected in 2013.

  2. Alexis Tsipras' left-wing Syriza party is expected to win the recently held election in Greece instead of its acceptance of a painful third international bailout.It may not get absolute majority in the 300-member parliament but expected to form a coalition government with ease.It is projected to get 145 seats while Conservative New Democracy is projected to get 75 seats while Golden Dawn is projected to get 18 seats.

  3. Ferrari-s formula one driver Sebastian Vettel won 2015 Singapore Grand Prix held in Singapore on 20thSeptember.It was overall fourth victory for Vettel in Singapore Grand Prix after winning the same in 2011, 2012 and 2013. This was also his third victory of the season 2015.


Red Bull- Daniel Ricciardo secured second position followed by Ferrari-s Kimi Raikkonen, Mercedes-s Nice Rosberg and Williams- Valtteri Bottas in the same race.
Current Affairs India - 21 September 2015

  1. The Election Commission (EC) has introduced a symbol for "None of the Above (NOTA)" option to facilitate voters in exercising their NOTA option in elections. The NOTA option was made available to the voters with effect from 11thOctober, 2013, as per order from the Supreme Court issued on 27thSeptember, 2013.


The symbol for NOTA option was designed by the National Institute of Design, Ahmedabad. The main objective of the NOTA option is to enable electors, who do not wish to vote for any of the candidates, to exercise their right without violation of the secrecy of their decision

  1. India-s broadband penetration ranking dropped to 155 in 2014 compared to 113thrank in the previous year 2013, as per the State of Broadband 2015 report by the United Nations published today. This despite the fact that the number of people with broadband access on mobile phones has gone up to 5.5% of the population compared with just 3.2% in 2013. As per the report, 57% of the world-s people remain offline and unable to take advantage of Internet.


India's overall broadband penetration (mobile and fixed line) ranking improved to 136 in 2014 compared to 142 in 2013 but is still way behind countries such as Syria, Zimbabwe and Ghana.

  1. Famous Urdu litterateur Shamim Hanfi won the inaugural Jnangarima Manad Alankaran award of Bharatiya Jnanpith.Jnangarima Manad Alankaran award was established in 2015 by Bharatiya Jnanpith to mark 70 years of the institution to recognize the contribution of writers in Indian languages. It consists of a Saraswati statue, a silver citation, a shawl and a stipend of Rs. 11,000 per month.

  2. Jagmohan Dalmiya, the president of Board of Control for Cricket in India (BCCI), passed away at a city hospital in Kolkata on 20thSeptember after a massive cardiac arrest. He was 75. He has not been keeping well for a while now and was not actively taking part in the day-to-day functioning of the BCCI. As a notable cricket administrator, he is known to make BCCI the wealthiest and most powerful cricketing body in the world.

  3. Famous Malayalam playback singer Radhika Thilak passed away in Kochi on 20thSeptember 2015 due to cancer.She was 45.She was a known face on Doordarshan in the 1990s and one of the top-rated singers on All India Radio and one of the most popular stage singers of the time.

  4. India-s Ajay Jayaram won silver medal in 2015 Korea Open Badminton tournament in the Men-s singles category after being defeated by World no. one Cheng Long of China by 14-21, 12-21 in the final match. With this win, Ajay Jayaram became first Indian badminton player to win a medal in Korea Open Badminton tournament.


 
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Current Affairs International - 23 September 2015

  1. Greek Prime Minister Alexis Tsipras' new left-wing government took office with painful economic reforms and a growing migration crisis in the country.Immediately after sworn in, he had to fly to Brussels for an emergency migration summit.

  2. Volkswagen CEO Martin Winterkorn resigned today taking responsibility for the German carmaker-s rigging of US emissions tests in the biggest scandal in its 78-year history.The company now faces nearly USD 11 billion fine in the United States for its rigging scandal which also threatens its global brand value.


US authorities are planning criminal investigations after discovering that Volkswagen programmed computers in its cars to detect when they were being tested and alter the running of their diesel engines to conceal their true emissions. German Chancellor Angela Merkel had urged Volkswagen to move quickly to restore confidence in a company.

  1. Cow was declared as the National Animal of Nepal as per the new constitution of Nepal unveiled by President Ram Baran Yadav recently. Cow is considered as a sacred animal to Hindus and Nepal is a Hindu country. With this new act, the animal has constitutional protection and cow slaughter has also been banned in the country.


Current Affairs India - 23 September 2015

  1. The Cabinet Committee on Security (CCS) has approved a multi-billion dollar deal to purchase Military helicopters from United States aviation giant Boeing under which India will purchase 22 Apache Attack helicopters and 15 Chinook heavy-lift choppers from Boeing. This deal is significant step just before PM Narendra Modi-s visit to USA this month.

  2. The Union Cabinet has also approved setting up of Indian Sign Language Research and Training Centre (ISLRTC). It will be set up as a Society under the Societies Registration Act, 1860 and initially will be located at the Institute for Physically Handicapped, New Delhi.


It will be established under the aegis of the Department of Empowerment of Persons with Disabilities which comes under Union Ministry of Social Justice & Empowerment. The aim will be to provide equal opportunities to hearing impaired persons to fully participate in every sphere of life.

  1. Marathi film 'Court' was selected as India's official entry for the Oscars which will now represent the country in the Best Foreign Film category at the Academy Awards. The winner will be announced in February. This is a movie by debutant director Chaitanya Tamhane which was made with a budget of only 3.5 crore Rupees.

  2. Famous Hindi writer Dr Kamal Kishore Goenka was conferred with 24th Vyaas Samman for the year 2014 yesterday for his work 'Premchand ki Kahaniyon ka Kaal Kramanusaar Adhyayan'. The aware includes a citation along with a cash amount of 2.5 lakh rupees. The award was instituted by the KK Birla Foundation in 1991 and Ii is awarded to an outstanding literary work in Hindi published during the last 10 years.

  3. Hindustan Times Group chairperson Shobhana Bharatia and PepsiCo Chairman Indra Nooyi have been awarded 2015 Global Leadership Award of the US-India Business Council (USIBC) for their roles as top women leaders in the Business world. Famous Indian-American artist Natvar Bhavsar was awarded the Artistic Achievement Award for his abstract expressionism and colour-field painting. All of them were presented the awards during the annual gala of the USIBC.

  4. Vikram Pawah was appointed as the Managing Director of India operations of US bike maker Harley Davidson with immediate effect.Pawah succeeded Anoop Prakash, who was appointed as the Managing Director of Harley Davidson Canada. Post this change, Pawah will manage Harley Davidson India-s leadership team responsible for sales, dealer network management, marketing, service and operations activities within India.

  5. Zayn Khan was unanimously elected as the President of the Federation of Motor Sports Clubs of India (FMSCI). His succeeded R Bharath Raj, who passed away while serving as President on 15thAugust this year.


FMSCI was formed in the year 1971 as a federation of five clubs to promote motorsporting events in the country. It is a Private Limited company registered under Section 25 of the Indian Companies Act 1956.
 
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Current Affairs India - 24 September 2015

  1. Union Government has approved for implementation of Integrated Air Command & Control System (IACCS) project of Indian Air force (IAF) and allocated Rs 8,000-crore for the same.IACCS system is an automated command and control system for Air Defence (AD) which integrates different air sensors and radars to protect Indian airspace. Currently, India has 5 IACCS nodes. The addition of four more nodes will help IAF to cover isolated islands thereby providing a security umbrella to the entire country.

  2. Arvind Panagariya, vice-chairman of Niti Aayog, has been appointed as the sherpa for G20 negotiations.A sherpa represents the government or the Prime Minister at Group of 20 countries meetings and helps articulate the official position on critical issues. Panagariya will replace railway minister Suresh Prabhu, who has been the sherpa for G20 talks.

  3. Telenor Group changed its brand identity along with legal company name from its Indian part name Uninor to Telenor India Communications Pvt. Ltd.Headquarterd in Oslo, Norway, Telenor group currently has mobile operations in 13 market with total 189 million mobile customers.

  4. Reliance Industries Chairman Mukesh Ambani has retained the tag as India-s richest for the ninth consecutive years with a net worth of USD 18.9 billion as per Forbes magazine-s latest Indian richest list. Mukesh Ambani was followed by Sun Pharma-s Dilip Shanghvi as second place with a net worth of USD 18 billion and Wipro-s Azim Premji at third place with USD 15.9 billion.


In the top 10, Hinduja brothers were ranked 4th with USD 15.9 billion, followed by Pallonji Mistry at USD 14.7 billion, Shiv Nadar (USD 12.9 billion), Godrej family (USD 11.4 billion), Lakshmi Mittal (USD 11.2 billion), Cyrus Poonawala (USD 7.9 billion) and Kumar Mangalam Birla (USD 7.8 billion). Flipkart-s founders and low-cost airline IndiGo-s co-founder Rakesh Gangwal, who has featured in the list for the first time at 70th position with a net worth of USD 1.6 billion ahead of his company-s IPO.

  1. Former Indian Cricket captain Sourav Ganguly has been appointed as the next President of Cricket Association of Bengal (CAB), as per athe announcement made by the West Bengal Chief Minister Mamata Banerjee. The post fallen vacant following recent death of Jagmohan Dalmiya. Ganguly was the Joint-secretary of the CAB at present and the son of former president Avishek Dalmiya will replace him.


 
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Current Affairs India - 27 September 2015

  1. Employees- Provident Fund Organisation (EPFO) was awarded with the Skoch Award for Smart Governance at the India Habitat Centre, New Delhi on 23rdSeptember for its initiatives on UAN Programme and Transformation of Social Security Agenda in India. EPFO was also awarded two SKOCH Order-of-Merits, one for launching UAN for EPFO members and another for transformation of Social Security Agenda in India.


Skoch Smart Governance Award is an initiative recognizing top performing government organizations and organizations working with the government, operating at local, state and national level. The award is given in the area of Health, Education, Rural Development/Panchayati Raj, Urban Development, Finance, and Security.

  1. Bajaj Auto launched its much-awaited RE60 quadricycle, named as -Qute-, at a free-on-board (FoB) price tag of USD 2,000. The vehicle is meant only for export markets for now, as the regulations for India are not yet in place because of an ongoing public interest litigation in the Supreme Court.


The vehicle will be shipped to 16 countries, including Turkey, Indonesia, Sri Lanka, Thailand, Bangladesh, Kenya, Peru and Ecuador, starting early next month and will start with around 100 units initially.

  1. Switchgear products and fan maker Standard, a part of Havells India, has roped in Bollywood actress Alia Bhatt as its brand ambassador for its range of products.As a part of the deal, Alia would endorse Standard-s range of home and industrial switches and range of premium fans.

  2. Top seeded Sania Mirza and her Women-s double partner Martina Hingis continued their unbeaten run as they won the Guangzhou Open titleon 26thSeptember after defeating Shilin Xu-Xiaodi You in the final match by 6-3, 6-1. With this win, Sania claimed her seventh title of the season.

  3. India's most successful cueist Pankaj Advani won the IBSF World Billiards Championship after defeating his opponent in the final to win the world title for 14thtime. He defeated Singapore's Peter Gilchrist by 1168 points.

  4. The government has announced the recipients of prestigious Shanti Swarup Bhatnagar award which is considered to be a coveted science honour in the country. The Ministry of Science and Technology announced 11 awards in seven different fields this year.


In Biological Science category, Balasubramanian Gopal of the Indian Institute of Science (IISc), Bangalore and Rajeev Kumar Varshney of International Crops Research Institute for the Semi-Arid Tropics (ICRISAT) were chosen for the award. Jyotiranjan Srichandan Ray from the Physical Science Laboratory, Ahmedabad was chosen from the field of Earth, Atmosphere, Ocean and Planetary Sciences while Yogesh Joshi from IIT Kanpur was selected for the awards in the field of Engineering Sciences. In the field of Mathematical Sciences, Ritabrata Munshi from the Tata Institute of Fundamental Research (TIFR), Mumbai and K Sandeep from TIFR Centre for Applicable Mathematics, Bangalore were chosen for the award. Vidita Vaidya from the TIFR Mumbai bagged the award from the medical science category.
In the Physical Sciences category, Bedangadas Mohanty from the National Institute of Science Education and Research, Bhubaneshwar and Mandar Deshmukh from the TIFR Mumbai were selected. D Srinivasa Reddy from CSIR's National Chemical Laboratory, Pune and Pradyut Ghosh form the Indian Association for the Cultivation of Science, Jadavpur were selected for the award in the category of Chemical Sciences.
Shanti Swarup Bhatnagar Award is named after the founder Director of the Council of Scientific and Industrial Research (CSIR), the late Sir Shanti Swarup Bhatnagar. The prize is given each year for outstanding contributions to science and technology.
Current Affairs International - 27 September 2015

  1. The 193-Member United Nations General Assembly (UNGA) formally adopted the Transforming Our World: the 2030 Agenda for Sustainable Development on 25thSeptember 2015 along with a set of new Global Goals with a universal, integrated and transformative vision for a better world.


The 2030 Agenda and the Global Goals were adopted during the UN Sustainable Development Summit that is being held at the UN headquarters in New York. The 2030 Agenda for Sustainable Development is an agenda for people to end poverty in all its forms. It is composed of 17 goals and 169 targets to wipe out poverty, fight inequality and tackle climate change over the next 15 years.

  1. German Car maker Volkswagen-s board has named Matthias Mueller, the head of the group-s Porsche unit, to be the new CEO of the company who will lead the car maker during its new growing emissions-rigging scandal.He will succeed previous CEO, Martin Winterkorn, who quit the job this week over the scandal.

  2. Baseball legend Yogi Berraof the United States passed away this week. He was 90. He had played 19 seasons in Major League Baseball(MLB) from 1946 to 1963 and he was elected to the Baseball Hall of Fame in 1972.  He is one of the 5 players who won the American League Most Valuable Player Award for3 times

  3. Leading Formula 1champion Lewis Hamilton of Mercedes team won the Japanese Grand Prix Formula one race held today. This is his eighth victory of this season. With this win, he equaled legendary racer Ayrton Senna's tally of 41 victories.


His teammate Lewis Hamilton secured second place followed by Ferrari-s Sebastian Vettel, Ferrari-s Kimi Raikkonen and Valtteri Bottas of Williams-Mercedes. Force India continued with their impressive performance in the Japanese GP as Nico Hulkenberg was the sixth driver to cross the chequered flag who started the race in the 13th position.
 
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Current Affairs International - 28 September 2015

  1. G-4 countries which are Brazil, Germany, India and Japan have issued a Joint Statement on United Nations Security Council Reforms (UNSC).It was issued after G-4 meeting held in New York, USA which was called by Indian Prime Minister Narendra Modi, Brazilian President Dilma Rousseff, Chancellor of Germany Angela Merkel and Prime Minister of Japan Shinzo Abe.


They unanimously supported the early reforms of the Security Council as an essential element of the overall effort to reform UN with regard to maintenance of international peace and security.

  1. Famous Canadian Mathematician Dr. Jacob Tsimerman has been chosen for the prestigious 2015 SASTRA Ramanujan Prize.Currently he is an assistant professor at the University of Toronto, Canada and his mathematics research work is primarily in the field of Number Theory and surrounding topics. He will be conferred with the prize during the International Conference on Number Theory to be held at SASTRA University in Kumbakonam, Tamil Nadu.


The award has been named after great Indian Mathematician autodidact Srinivasa Ramanujan and was established in 2005 by Shanmugha Arts, Science, Technology & Research Academy (SASTRA) University.
Current Affairs India - 28 September 2015

  1. India-s first dedicated astronomy research satellite Astrosat has been successfully launched by a Polar Satellite Launch Vehicle PSLV-C30 today morning from its launch pad of Satish Dhawan Space Centre, Sriharikota.The 1531 kilogram satellite has a planned lifespan of five years. With this launch, India has joined a select league of nations which have their own observatories in space.


Astrosat has the ability to observe various celestial objects in different wavelengths simultaneously, giving it an edge over its peers.

  1. Union Ministry of Personnel, Public Grievances and Pensions has formed a committee headed by B S Baswan to revisit the civil services examination pattern. The seven member committee was given responsibility to submit report within six months from the date of its constitution.


The committee will evaluate the effectiveness of the existing scheme of the civil services examination in selecting suitable candidates keeping in view various factors such as inclusiveness, fair mix of candidates from different disciplines, etc.

  1. S K Sharma has been appointed as the Chairman of Bhakra Beas Management Board (BBMB) with effect from 25thSeptember 2015. He succeeded A B Agrawal, who was Chairman for a period of about five years. He joined Haryana irrigation and water resources department in 1980 as sub divisional officer and during working as Chief Engineer of Beas Satluj Link (BSL) project, he has been instrumental in successfully running of dredger and other allied works, besides running and maintenance of BSL Water Conductor System.

  2. Saugata Gupta, Managing Director and CEO of FMCG Company Marico, has been elected as the Chairman of ISA (Indian Society of Advertisers) for the second consecutive year. He has FMCG experience of over two decades having worked in Cadbury (India & UK), ICICI Prudential and Marico.

  3. Manipur Governor Dr Syed Ahmad passed away in Mumbai, Maharashtra. He was 75. He was sworn in as the 16th Governor of Manipur in May 2015, before that he had served as the eighth Governor of Jharkhand from August 2011.

  4. Beijing Olympics champion Abhinav Bindra won gold medal in the men's 10 metre Air Rifle event of the Asian Air Gun Championships in New Delhi today. He shot 208.3 points to bag the gold medal after defeating Kazakhstan's world number eight Yurkov Yuriy (206.6) and Korea's Yu Jaechul (185.3) on today at the Dr Karni Singh Shooting Range.


 
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RBI cuts interest rate by 50 bps in surprise move today
In a surprise move, the Reserve Bank of India cut the repo rate, its short-term lending rate to banks, by 50 bps, to 6.75% with immediate effect today during its monetary policy review meet. At the same time it has cut reverse repo by 50 bps to 5.75% while kept the Cash Reserve Ratio unchanged at 4%. Marginal Standing Facility Rate and Bank Rate stood at 7.75% while Statutory Liquidity Ratio has been kept unchanged at 21.5%.
RBI Governor Raghuram Rajan said inflation is expected to touch 5.8% in January 2016, which is lower compared to earlier August projection. RBI has cut its GDP growth forecast for current financial year to 7.4% compared to its earlier forecast of 7.6%. aSome major banks including SBI also followed RBI with cut in their lending rates which will make home and car loans cheaper for consumers. Also this rate cut should help to boost both economic and industrial growth.
 
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Current Affairs India - 30 September 2015

  1. India has moved up 16 positions to rank 55th on a global index of the world's most competitive economies, as per the latestGlobal Competitiveness Report published by the World Economic Forum (WEF) today. This is significant improvement compared to last year.


Switzerland has retained its top position as the world's most competitive economy for seventh year in a row in the same report and it is followed by Singapore, the US, Germany and the Netherlands in the top-five. Other countries in top ten list are Japan, Hong Kong, Finland, Sweden and the UK.

  1. Also India has received highest foreign direct investment (FDI) compared to China and United states in the first half of 2015 due to new initiatives taken by the Modi government, as per a report published in London's Financial Times. As per the report India has attracted roughly USD 31 billion FDI compared to USD 28 billion by China and USD 27 billion by the USA.


This growth in FDI investment in India came after the government has relaxed FDI norms in various sectors including defence, railways, construction, insurance and medical devices. India is currently ranked 142nd among 189 nations in the World Bank's Ease of Doing Business 2015 study.

  1. The Central Government hasappointed four brand ambassadors for its -Digital India programme-.They were appointed in the first week of July 2015 as part of the Digital India Week campaign. They are Satwat Jagwani and Krati Tiwari - both are students and All India IIT-JEE -Advanced Topper in 2015, famous author and ethical hacker Ankit Fadia and Pranav Mistry, working in Samsung USA as Computer Scientist and Author of 6th Sense.

  2. India-Sri Lanka joint military exercise MITRA SHAKTI 2015 has started at Aundh Military Station in Pune, Maharashtra.This is the third edition of the joint training exercise between both countries which aims to build Military to Military co-operation and interoperability. Aim of MITRA SHAKTI 2015 Exercise is to share the best military practices between the two Armies and promote healthy military to military relations.

  3. Indo-British van driver Dee Patel was awarded with the Pride of Britain Award by Prince Charles of Britain this week.He was given the award in the outstanding bravery category as he had risked his life to save others. The Pride of Britain Awards was founded by Peter Willis in 1999.


In May 2005, he noticed a car ahead of him that was dangerously out of control on the M25 motorway.  Soon, he realised that the driver of the car, a young woman, slumped unconscious over the steering wheel. Patel came for the rescue of the woman without wasting any time.

  1. M.R. Poovamma and Babita Kumari have been awarded with the prestigious Arjuna Award 2015 for their individual achievements in sports. The award was presented to them by Union Minister of State (MoS) for Youth affairs and Sports Sarbananda Sonowal in New Delhi. M.R. Poovamma was awarded for her contributions in Athletics and Babita Kumari was awarded for her contribution in Wrestling.

  2. Former world number one Heena Sidhu won the gold medal in women's 10 metre air pistol event at the 8th Asian Air Gun Championships in New Delhi today.She shot a total of 197.8 to win the top prize in the final. Another Indian Shweta Singh came second and won silver medal with score of 197.0 while Korean shooter Seon A Kim won the bronze with a total score of 175.8.India won total 17 medals, including six gold to finish as toppers in the continental event followed by Iran at second position.