Daily Current Affairs - 30th Oct 2017

Railways to invest over 150 billion dollar create one million jobs in 5 years

  • The Union Railways Minister Piyush Goyal has said that the Indian Railways is looking to invest over 150 billion dollar over the next five years which would help create one million additional jobs. He said that a focus on infrastructure could also help increase local manufacturing.
  • His Ministry was also compressing the time taken for complete electrification of rail lines to four years from the earlier plan of 10 years, which would help cut costs by around 30 per cent for the loss-making Railways.
  • This electrification initiative would help save the national transporter around 10 thousand crore rupees per annum on fuel bill.

Caroline Wozniacki defeats Venus Williams in straight sets to win first WTA Final

  • Caroline Wozniacki won the biggest title of her career when she beat Venus Williams 6-4, 6-4 in the WTA finals. Caroline Wozniacki ended her career-long jinx against Venus Williams in spectacular style to lift the WTA Finals trophy for the first time.
  • Wozniacki raced to a 5-0 lead in the second set before Williams mounted a late comeback attempt.

David Miller hits fastest T20 century as South Africa rout Bangladesh

  • South Africa left-handed batsman David Miller beat compatriot Richard Levi’s record of fastest T20I century against Bangladesh. Miller hit nine sixes and seven fours, scored 101 runs off 36 balls, reaching his ton on the 35th ball.
  • South Africa scored 224-4 at the end of their 20 overs to set a 225-run target for Bangladesh. Bangladesh were bowled out for 141.
  • South Africa took the test series 2-0 and then swept the ODIs 3-0.

Essar Group, Tatas bid to acquire Essar Steel

  • Top global steel companies including Tata Steel, Essar Group and ArcelorMittal are learnt to have submitted bids to acquire debt—laden Essar Steel which is going through the insolvency resolution process.
  • Essar Steel India Ltd., an integrated steel producer with an installed capacity of 10 million tonne per annum (MTPA), is undergoing Corporate Insolvency Resolution Process (CIRP) under the provisions of Insolvency and Bankruptcy Code.

Foreign investors infuse $3bn into Indian capital markets in Oct.

  • Foreign investors have invested in close to 3 billion dollars in the Indian capital markets so far this month due to high nominal and real yields and stable macroeconomic conditions. Most of the funds have been invested in the debt markets.
  • FPIs invested a net sum of Rs. 2,806 crore in the stock markets and another Rs. 15,132 crore in debt, taking the total to Rs. 17,938 crore during October 3-27. Prior to that, Foreign investors had pumped in Rs. 1.78 lakh crore in the preceding six months (February-August).

French Open badminton: Kidambi Srikanth wins men's singles title

  • Indian shuttler Kidambi Srikanth lifted the men's singles title of the French Open Superseries badminton in Paris. Eighth ranked Srikanth beat Japan's Kenta Nishimoto 21-14, 21-13 in the final. This is his fourth title in the fifth superseries final. He clinched titles at Indonesia, Australia and Denmark earlier this year
  • Greysia POLL and Apriyani Rahayu won the Women's doubles title, defeating Lee Sottee and SHIN Seung Chen 21-17, 21-15.
  • The Mixed Doubles title went to Tontowi Ahmad and Liliyana NATSIR who beat Zheng Siwei and Chen Qingchen 22-20, 21-15

Hockey: India juniors win bronze

  • The Indian junior men’s hockey team blanked host Malaysia 4-0 to claim the bronze medal at the seventh Sultan of Johor Cup. The Results are : India 4 (Vishal Antil 15, 25; Vivek Prasad 11; Shilanand Lakra 21) bt Malyasia .

Iceland's conservative PM wins snap election, remains unclear to form govt

  • Iceland's conservative Prime Minister Bjarni Benediktsson came out on top in a snap election, but it remained unclear whether he will be able to form a viable coalition. His Independence Party won 16 seats in the 63-seat parliament. A total of eight parties won seats in parliament.
  • Mr Bjarni Benediktsson was accused named last year in the "Panama Papers" worldwide tax-evasion leaks.
  • Iceland's President: Gudni Johannesson
  • Capital: Reykjavik
  • Currency: Icelandic króna

India beat New Zealand by 6 runs in 3rd ODI to take series 2-1

  • India beat New Zealand by six runs in the third and final one-day international in Kanpur to take the series 2-1. Virat Kohli and Rohit Sharma's double-century stand set up the hosts' total of 337 for six in their 50 overs, with New Zealand replying with 331 for seven.
  • Rohit Sharma has been named Man of the Match while winning captain Virat Kohli won Man of the Series award.
  • India and New Zealand will also play three Twenty20 matches.

India, Russia conclude war games

  • India and Russia concluded their joint tri-service exercise, Indra, in Vladivostok, Russia. Indra, was an 11-day joint training in counter-terrorism operations which is India’s first tri-service exercise with any country.
  • The exercise this year focused on conduct of counter-insurgency/counter-terrorist operations under United Nations mandate in a joint service environment.
  • The exercise also provided an opportunity to both the armies for greater cultural understanding, sharing experiences and strengthening mutual trust and cooperation.
  • The exercise saw the participation of over 800 Indian personnel. Indian forces largely used Russian equipment with which they are very familiar.

Indian women qualify for hockey WC

  • The Indian women’s hockey team qualified for the 2018 World Cup after South Africa won the Africa Cup of Nations. India finished eighth at the Hockey World League Semifinals in Johannesburg earlier this year and its qualification, to be held in London, was dependent on the other continental events going its way.

LIC may take part in govt. bank recap programme

  • Government-owned Life Insurance Corporation (LIC) may be roped in to participate in the Rs. 2.11 lakh crore recapitalisation initiative for public sector banks (PSBs).
  • As part of the programme, LIC could also increase its stake in various PSBs which are required to raise Rs. 58,000 crore from the capital market.
  • LIC could participate in a non operating holding company (NOHC) structure to which the government may transfer its share in various PSBs. NOHC could then issue recapitalisation bonds worth Rs. 1.35 lakh crore.
  • LIC, in the past, has pumped in capital in PSBs through preference share allotment and Qualified Institutional Placement (QIP).
  • Chairman, Life Insurance Corporation of India: Vijay Kumar Sharma

Major reforms coming in MBBS curriculum

  • The Directorate General of Health Services (DGHS) and the Medical Council of India are giving final touches to major reforms in the MBBS curriculum with an emphasis on thinning down courses for undergraduate medical students.
  • It has already prepared a draft curriculum for MBBS programmes which is being assessed by experts. The new curriculum will be ready for medical students within next 18 months. The objective of the new curriculum will not require students to study bulky books and courses will be much easier to comprehend.
  • At present, an undergraduate student is required to acquire knowledge on 10 types of surgeries, which is not necessary in the drafted new curriculum. As they can master the skill while specialising in the stream.

Malaysian MotoGP: Dovizioso wins to keep title hopes alive

  • Andrea Dovizioso beat Ducati teammate Jorge Lorenzo in a wet Malaysian Grand Prix to keep his slim MotoGP title hopes alive, as Marc Marquez could manage no better than fourth place.
  • Dovizioso pressured Marquez until finding his way past at Turn 14 on the fourth lap, as the top four escaped from the rest of the field. Marquez led into the first corner with a great start from seventh, but ran wide to allow Zarco and Lorenzo through into the top two positions.

Pakistan win by 36 runs, completes T20 whitewash against Sri Lanka

  • Pakistan defeat Sri Lanka by 36 runs in third and final T20I of the series in Lahore after defending a target of 181 runs at Gaddafi Stadium. Earlier, after batting first Pakistan notched up a total of 180/3 in allotted 20 overs. Shoaib Malik played another scintillating knock of 51 runs for his side.
  • In reply Sri Lanka 144 for nine in 20 overs.

Set up centres under all High Courts for vulnerable victims: SC

  • The Supreme Court has ordered the setting up of at least two vulnerable witnesses deposition centres in the jurisdiction of every High Court across the country within the next three months. The order upholds the right of vulnerable witnesses to be protected while testifying in court and is in consonance with international norms in these matters.
  • Vulnerable witnesses in criminal cases, often minor survivors of rape or victims of sex abuse, should testify without fear or intimidation in a conducive environment, the supreme court said.
  • The Bench said that every district should have a special centre, which would provide vulnerable witnesses a friendly atmosphere to testify.
  • The Supreme Court referred to the Delhi High Court’s initiative to set up vulnerable witnesses deposition centres and issuance of guidelines.

Shooting World Cup: Fernandez shoots trap gold

  • Alberto Fernandez of Spain shot the men’s trap gold with a world record, as he beat a strong field in fading light in the World Cup Final at the Dr. Karni Singh Range.
  • Daniele Resca of Italy won the silver while Croatian Giovanni Cernogoraz won the bronze ahead of Antonio Bailon of Spain.

Spain: Lakhs of people come out on streets of capital to protest against Independence of Catalonia

  • In Spain, hundreds of thousands of supporters of a unified nation filled Barcelona's streets in one of the biggest shows of force to protest against the Independence of Catalonia.
  • Spain's central government called an election on December 21 after sacking Catalonia's president Carles Puigdemont, dissolving its parliament and dismissing its government.
  • European countries, the United States and Mexico have also rejected the Catalan declaration of independence and expressed support for Spain's unity.

Tennis: Bopanna wins Erste Open, Myneni-Prashanth clinch Vietnam Open trophy

  • Rohan Bopanna won the Erste Open title in Vienna with Pablo Cuevas while the team of Saketh Myneni and Vijay Sundar Prashanth clinched the Vietnam Open trophy at the Ho Chi Minh City.
  • Bopanna and Cuevas beat Sam Querrey and Marcelo Demoliner 7-6, 6-7, 11-9. It was third title of the season for Bopanna, having won Chennai Open with Jeevan Nedunchezhiyan and Monte Carlo Masters with Cuevas.
  • The unseeded Indian pair of Myneni and Vijay Prashanth beat the Japanese combination of Go Soeda and Ben Mclachlan 7-6, 7-6 in the summit clash. It was first title of the season for Myneni and maiden Challenger level trophy for Prashanth.