Current Affairs – 10th October 2015

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  • In an embarrassing situation for BJP, its leading anti-beef crusader in UP, MLA Sangeet Singh Som has been found to be the owner of a meat exporting company Al Dua
  • A medium-magnitude earthquake was felt in the Delhi-NCR region with the epicenter being the region itself and the depth of the tremor was 5 km. According to the National Institute of Seismology, the intensity was 3.0 in the Richter scale
  • Writer Sashi Deshpande quits Sahitya Akademi accusing the government of failure in protecting the plurality of the country. According to the eminent writer, silence is also a form of abatement
  • In a major shift from the outflow of youths towards ISIS, the dreaded terrorist organization, an Indian recruit wants to come back home as his SOS to family says “Help Me Return Home”Take SSC online Mock test for Free

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  • In a shocking incident after the Dadri Killing, UP has again been in the midst of controversy as 4 people were chased down and almost beaten to death by angry mob for killing and skinning a cow. The incident took place nearly 100 km from Agra, at a place called Mainpuri
  • After the incident of threatening the organizers of the concert of Ghulam Ali, the central government has issued directives to the Maharashtra government to make necessary security arrangements for the book release of former Pakistan Foreign Minister Khurshid Mahmud Kasuri. His book “Neither a Hawk Nor a Dove” is going to be published in the country on October 12
  • Drawing ire from various corners of the country for its role in cancelling the concert of Pakistan Singer Ghulam Ali, Shiv Sena tried to defend itself by saying that Pakistan never allowed Indian artists like Lata Mangeshkar, Amitabh Bachchan, Asha Bhonsale to perform in their country
  • Supreme Court asked the Madhya Pradesh Government how the deaths linked to Vyapam scam suddenly stopped after the apex court gave CBI the responsibility of investigating the case. Before that, 42 persons related to the scam died during the probe by the state police

Banking and Finance

  • Etailers are looking at a very healthy festive season with the launch of iphone 6S and iphone 6S Plus in India as Apple is looking to rake in a revenue of Rs 6000 crore from the sales of these two products. Ecommerce giants are going all out to woo the customers with buyback offers, delivery on the launch day offers etc
  • People’s Bank of China has launched the first phase of the China International Payment System (CIPS) in order to pave the way for yuan to be accepted more and more on a global platform. The move is also expected to promote the initiative called Shanghai Free Trade Zone that was launched in 2013
  • In a major relief to the Indian shipping companies, international shipping regulators have decided to shift the high risk area boundary away from the Western coastline of the country and the new boundary regulations are expected to come in force on 01st December, 2015Study Materials for Indian Competitive Exams

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  • Mobile Payments solutions company Paytm has decided to earmark 100 crore for marketing activities in its effort to help its online consumers reach the offline stores and the use of inventories of offline stores
  • Hinduja Group entered the housing finance market after the regulatory approval received last week. Hinduja Housing Finance Limited is aimed at providing finance to people in the unorganized sector
  • IndusInd bank, a private lender, has posted a 30% growth in net profit and the current net profit of the bank stands at 560 crore in the July-September quarter
  • Continuing its volatility, SENSEX today saw a surge of 234 points and closed on 27079.51 points at the close of business

GK and World Affairs

  • Union Minister of External Affairs Sushma Swaraj is going today on a two day visit to Male, the capital of Maldives in order to chair the meeting of the India- Maldives Joint Commission which has been revived after a gap of 15 years. Mrs Swaraj will chair the meeting with Maldives Foreign Minister Dunya Maumoon and also hold talks with the President Abdulla Yameen in order to boost the multifaceted relationship between India and Maldives
  • In an announcement by the Nobel Prize Committee, it has decided to award the Nobel Peace Prize 2015 to the Tunisian National Dialogue Quartet which has ensured the smooth transition of the country to a democracy after the ouster of its autocratic ruler in 2011. Four civil society organizations have been chosen for the prize because of their contribution in bringing stability to the country
  • Hand-in-Hand, a joint military exercise of India and China, is slated to begin on 12th October in Kunming. Starting in 2007, the exercise is aimed at promoting cooperation and interoperability between the two armies
  • Media Advisor to the Ex PM Atal Vihari Bajpayee, Ashok Tandon, singer Anup Jalota and Former Britannia Chief Sunil Alagh have been nominated by the three member committee headed by Vice President Hamid Ansari, to join as members in the Prasar Bharati Board. Apart from them, Sashi Shekhar, who was the head of an online media company was also cleared by the committee
  • Music Composer A R Rahman has been chosen as the cultural ambassador of Seychelles for his contribution to the country
  • Dr Shekhar Basu, a veteran in the atomic energy industry, has been appointed as the new chairman of the Atomic Energy Commission of India
  • Asian Centre for Human Rights Report on the status of mercy petitions in the country shows that nearly one third of the mercy petitions after independence have been commuted to life imprisonment. A total of 1572 cases have been settled favorably whereas 3534 cases have been rejected by the Supreme Court
  • Government has stopped printing gazette notifications on paper from October 1 and started publishing them online. This move has been estimated to save the government around 40 crore besides being user-friendly and environment friendly as well
  • Savills World Research Report says Mumbai is the cheapest city in the world to live and work in, when compared to other metropolitan cities in the world whereas London, Hong Kong and New York have been identified as the World’s most expensive cities to live and work
  • Associated Press puts Haj Tragedy last month that left 1470 people dead as the deadliest of all in the history of Haj Pilgrimage
  • Union government has decided to test 1000 samples of pesticides to test whether spurious products were sold to the farmers by the retailers and manufacturers. This came after Punjab saw its biggest ever destruction of crop in the state with about 2/3 rd of the total production got damaged
  • Pakistan called Indian deputy High Commissioner in Pakistan to express its displeasure over the cancellation of Samjhuta Express due to the protests of farmers on Indian side. This has caused 200 passengers to remain stranded on both the sides of the border
  • National Egg Day was celebrated on October 9 as per the directives of the International Egg Commission. The Egg Day is celebrated the second Friday of October every year to promote the nutritional value of eggs
  • October 9 is celebrated as the World Post Day as this was the day when International Postal Union was established in Berne, Switzerland. The day is being celebrated since 1969. The theme of the 2015 edition is “Tell us about the world you want to grow up in”.
  • Delhi government suspended its food and civil supplies minister Asim Ahmed Khan over charges of corruption against him

Sports and Technology

  • In the ISL clash between North East United FC and Pune City FC, an own goal from Z Ralte handed Pune a 1-0 victory
  • Indian boxer Vijender Singh is going to make his professional boxing debut in Manchester against Britain’s Sonny Whiting today. The amateur boxer for India was the first medalist for the country in the Olympics
  • India got a new grandmaster in Swapnil Dhopade who completed the FIDE points related formalities by winning the 13th Shri Maheshwaranand Saraswati memorial all-India Open FIDE rating chess tournament in Pune on Friday.
  • South American Football giants Argentina and Brazil both lost their world cup qualifiers for Russia 2018. While Argentina lost to Ecuador by 2-0, Brazil was overpowered by Chile by the same margin
  • FIFA is going to meet on October 20 in an extraordinary executive meeting to discuss the corruption related scandals that has tarnished its image to a great extent
  • PepsiCo has spilled the beans by mentioning the real reason of distancing itself from the IPL brand as the failure of the BCCI to act in affair and transparent manner in the IPL 2013 spot-fixing scandal
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