Current Affairs : NATIONAL EVENTS PM inaugurates “Invest Madhya Pradesh – Global Investors Summit 2014″- He said that Investment worth 100 billion dollars has applied for visa to India. Government will soon launch Sardar Patel National Housing Mission by merging and improving existing Urban Housing Schemes. SAIF Partners, a venture capital and private equity firm, announced an equity infusion of Rs 80 crore in Kolkata-based jewellery retailer Senco Gold. Countrys second largest telecom operator Vodafone India has asked the government for immediate allocation of spectrum that it won in the February auction. Reliance Group will invest Rs 60,000 crore in power, coal, cement and telecom businesses in Madhya Pradesh by 2020, State-run Gujarat Alkalies and Chemicals Ltd has appointed Cadila Pharmaceuticals CMD Rajiv Modi as an independent director on its board. To promote energy efficiency in lighting sector, the Power Ministry has decided to provide bulbs using LED technology to households under the Rajiv Gandhi Grameen Vidyuthikaran Yojana (RGGVY). Bureau of Energy Efficiency and Energy Efficiency Services Limited have worked with electricity distribution companies to develop a business model to procure LED bulbs in bulk and sell them to households at Rs10 against market price of Rs 400. Railways revenue earnings have gone up by over 12 per cent during first six months of this fiscal. 33 years after starting Infosys, its founders NR Narayana Murthy & S Gopalakrishnan today bade farewell to the over USD 8 billion IT firm. Gold loan company Muthoot Finance has launched a product Home Down Payment Loan to finance margin money needed to avail of home loans. The Union Finance Ministry has allocated 520 crore rupees to NABARD to create warehousing infrastructure for agricultural commodities in West Bengal and Madhya Pradesh. The Reserve Bank of India is looking to partially relax the External Commercial Borrowing norms for India Inc. Hemant G Contractor has been appointed as Chairman of pension regulator, PFRDA. Earlier he was a Managing Director of the State Bank of India. Private sector non-life insurance company ICICI Lombard announced the launch of ‘self—service’ kiosks at three of its key branches in Mumbai, Delhi and Bengaluru. The kiosks are designed to meet diverse customer requirements, including query update, status on claim processing, policy endorsement, printing of policy certificates and claim forms. Japanese auto major Nissan has appointed Arun Malhotra as the Managing Director of its Indian arm Nissan Motor India. Veteran journalist and former Prasar Bharati chairman M.V. Kamath, passed away. He was also a Padma Shri awardee and the Honorary Director of Manipal School of Communication. The Indian Space Research Organisation has uploaded the full disc image of Mars, taken by the Mars Color Camera on board Mars Orbiter Mission. The photograph shows the dark region towards south of the cloud formation, Elysium - the second largest volcanic province on Mars, the regional dust storm activities over northern hemisphere of Mars. INTERNATIONAL EVENTS The Chhattisgarh government today inked a Memorandum of Understanding (MoU) with Chinese company M/s ForstarIndustry Ltd to manufacture computer devices, smart phones and laptops. American scientists Eric Betzig and William Moerner and Germanys Stefan Hellh have won 2014 Nobel Prize in Chemistry for improving the resolution of microscopes. Former England captain Nasser Hussain was conferred with the Lifetime Achievement Award at the inaugural Asian Cricket Awards. India among the top five contributers to the UN Ebola response with a contribution of USD 12.5 million, according to a fact sheet released by US Secretary of State John Kerry. A strong earthquake shook the southeastern Pacific, about 570 kilometers south of Chiles Easter Island- the US Geological Survey. The Hudhud cyclone is likely to hit the coasts of Odisha and Andhra Pradesh. Necessary steps to meet any eventuality- The National Crisis Management Committee chaired by the Cabinet Secretary Ajit Kumar Seth. World Post Day on October 9th SPORTS West Indies thrash India by 124 runs in 1st ODI match at Kochi. India cricket captain Mahendra Singh Dhoni is the sole Indian sportsman to figure on Forbes list of the world’s most valuable athlete brands, a list that has been topped by American basketball player LeBron James and includes golfer Tiger Woods and tennis stars Roger Federer and Rafael Nadal. Banking Awareness for you : What is Speed Clearing ? Speed Clearing refers to collection of outstation cheques ( a cheque drawn on non-local bank branch) through the local clearing. It facilities collection of cheques drawn on outstation core-banking-enabled branches of banks, if they have a net-worked branch locally. About Paraguay : Capital – Asuncion Currency – Paraguayan guarani President – Horacio Cartes Official languages – Paraguayan Guarani , Spanish Continent – Americas , South America Today’s Quote : One should not behave towards others in a way that is disagreeable to oneself .
Posted on: Thu, 09 Oct 2014 15:03:35 +0000
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