Daily Current Affairs - 08th Oct 2018
Brazilians cast their ballots for new president
- Brazilians have cast their ballots for a new president. This election in Latin America's largest economy follows the revelation of a huge political corruption scandal in Brazil. Jair Bolosonaro is the unexpected front-runner in the polls. His closest competition is from former Sao Paulo Mayor Fernando Haddad.
- If Mr. Bolsonaro gets more than 50% of the vote to lead the field of 13 candidates, he will win the presidency outright. Otherwise, a run-off will be held on October 28.
- President: Michel Temer
- Capital: Brasília
- Currency: Brazilian real
Caroline Wozniacki wins her 30th WTA singles title
- Caroline Wozniacki won her 30th WTA singles title with victory over Latvia's Anastasija Sevastova in the China Open final in Beijing. She won against the unseeded Sevastova with a score line 6-3, 6-3. It is her second China Open crown as she also won it in 2010.
Controversial nominee Brett Kavanaugh sworn in as Supreme Court Judge of USA
- USA President Donald Trump's controversial nominee Brett Kavanaugh was sworn in as the 114th Justice of the Supreme Court. Kavanaugh nomination was hit by multiple accusations of sexual misconduct against him from his past. His nomination was confirmed by a bitterly divided Senate by 50-48 votes.
Flipkart enters insurance
- Online retailer Flipkart is foraying into insurance after securing a corporate agent licence. The company plans to offer customized insurance solutions to power its ‘complete mobile protection program.’ It will do this for all leading mobile brands being sold on its platform in partnership with Bajaj Allianz General Insurance.
- The insurance will be available from October 10, 2018, the start of Flipkart’s festive season sale ‘The Big Billion Days’ (TBBD). The programme would offer cash payout option or free pickup, service and drop convenience to customers.
- The announcement comes at a time when Flipkart’s rivals Amazon and Paytm are also eyeing Indian insurance industry which is expected to grow to $280 billion by 2020.
Foreign investors pull out Rs 9,300-cr in just 4 sessions
- Foreign investors have pulled out more than Rs. 9,300 crore ($1.3 billion) from the Indian capital markets in the last four trading sessions on unabated fall in rupee and rise in crude oil price. FPIs have been net sellers almost throughout this calendar year except for a couple of months.
- The latest withdrawal comes after a net outflow of over Rs. 21,000 crore from the capital markets (both equity and debt) last month.
Govt. plans to auction over 100 mineral blocks in six months
- The Union Ministry of Mines is planning to put on block another 100 mines in the next six months. It has already secured Rs. 1.81 lakh crore in its kitty from e-auction of 50 mineral blocks that includes 23 limestone, 17 iron ore, 4 gold, 2 each of manganese and graphite blocks and one bauxite and diamond block each.
- There are 102 blocks in the pipeline to be auctioned by March in Andhra Pradesh, Chhattisgarh, Gujarat, Jharkhand, Karnataka, Madhya Pradesh, Maharashtra, Odisha, Rajasthan, Telangana and Assam.
- As per the report, Jharkhand will auction the highest 20 blocks followed by Rajasthan (16) and Madhya Pradesh (13) and Maharashtra (13).
Indian shuttlers win five medals in Asia Junior Championship
- The Indian pair of Meghana Reddy and Tasnim Mir has won the Under-15 girls doubles title in the Badminton Asia Junior Under-17 and Under-15 championships. The Indian pair defeated Korean duo of Yeo Jin Gong and Da Yeon Jeong in straight games 23-21, 21-18 in the final. Indian shuttlers also bagged four bronze, to bring their overall medal tally to five in the championships.
Interpol chief Meng Hongwei resigns after detention in China
- The international police organisation Interpol has announced that it has received the resignation of its Chinese chief Meng Hongwei. The chief of Interpol has resigned with immediate effect and Senior Vice President Kim Jong Yang of South Korea has become acting president.
- Meng was missing in China since September 25 and the Chinese Authority has confirmed that he is being investigated for suspected breach of law.
- Headquarters: Lyon, France
Natwar Thakkar, Nagaland’s ‘Gandhi’, dies
- Eminent Gandhian and Padma Shri awardee Natwar Thakkar, popularly known as Nagaland’s Gandhi, passed away in Guwahati after a brief illness. Thakkar worked hard to spread Gandhian philosophy in Nagaland and established the “Nagaland Gandhi Ashram” in the Chuchuyimlang village in Nagaland in 1955 when Nagaland was in turmoil.
- In recognition of his selfless service and contributions towards the society, Thakkar was honoured with numerous awards including India’s fourth higher Civilian Award Padma Shri in 1999.
North Korea agreed to hold 2nd summit with US President Donald Trump as soon as possible
- North Korea head Kim Jong Un has agreed to hold a second summit with US President Donald Trump as soon as possible after Washington's top diplomat Mike Pompeo held productive talks on denuclearisation with the North Korean leader in Pyongyang.
- Pompeo and Kim also discussed denuclearisation steps that will be taken by North Korea and the issue of attendance by the US government, as well as corresponding measures to be taken by the United States.
Para Asian Games: India open their campaign by bagging 2 silver & 3 bronze medals on opening day
- India opened their Para Asian Games campaign by bagging two silver and three bronze medals on the opening day in Jakarta. The Silver medals were won by Farman Basha in the 49 kg men's powerlifting event and by swimmer Devanshi Satijawon in women's 100 metre butterfly in S-10 category. S Shankar Muthuswamy claimed a bronze in under-15 boys singles.
Richie Benaud to be named the 40th Legend of Australian Sport by the Sport Australia Hall of Fame
- Sport Australia Hall of Fame has announced cricketing great Benaud, who died in April, 2015, will become the 40th Legend of Australian Sport. He is only the third cricketer behind Sir Donald Bradman and Keith Miller to be given Legend status.
- Benaud is generally rated second to Bradman in terms of influential figures in the Australian game.
- Benaud, the face of Channel 9’s cricket coverage for more than three decades.
Top 10 Indian companies lose Rs 2,55,995 cr in m-cap
- A weak broader market pulled down the combined market valuation of the top 10 most valued Indian companies by a whopping Rs. 2,55,995 crore last week, with RIL taking the steepest hit. The equity market witnessed severe drubbing last week. Sensex falling sharply by 1,850.15 points to end at 34,376.99.
- RIL’s market capitalisation plummeted Rs. 1,32,061.4 crore to Rs. 6,65,441.16 crore
U19 Asia Cup: India beat Sri Lanka by 144 runs to clinch2018 title
- India beat Sri Lanka by 144 runs to clinch the Under-19 Asia Cup 2018 title in Dhaka. India outplayed Sri Lanka by first scoring 304 for six after skipper Prabh Simran Singh won the toss and elected to bat.
- Openers Yashasvi Jaiswal (85) and Anuj Rawat (57) made solid 121-run stand.
- Sri Lanka were all out for 160 in 38.4 overs losing wickets at regular intervals with left-arm spinner Harsh Tyagi’s registering brilliant figures of 6 for 38 in 10 overs. Jaiswal was adjudged man-of-the-tournament.
UNSC reform process depends on will & political commitment of member states: UNGA President
- UN General Assembly President Maria Fernanda Espinosa has said that the UN Security Council reform process depends on the will and political commitment of member states and there is need for further dialogue with the permanent five members.
- India has been at the forefront of efforts to push for UN Security Council reforms, maintaining that it rightly deserves a permanent seat at a reformed and expanded Council.
- India has asserted that the United Nations needs to be adapted to the contemporary needs of the 21st century and for this reforming the Security Council is critical.
- The United Nations General Assembly (UNGA) is one of the six principal organs of the United Nations (UN), in which all member nations have equal representation, and the main deliberative, policy-making and representative organ of the UN.
Vaccination begins for Gir lions
- The Gujarat Forest Department has started the vaccination of lions in the Gir Forest National Park to protect them from a deadly virus. As many as 23 lions have died in the Gir sanctuary in less than a month. Most of them have succumbed to canine distemper virus (CDV) and protozoa infections. Asiatic lions, an endangered species, are being vaccinated under intensive veterinary care, as per standard protocol.
- CDV (canine distemper virus) is considered a dangerous virus and has been blamed for wiping out 30% of the population of African lions in East African forests.
Youth Olympic Games: India open their medal account in with Silver
- India have opened their medal account in the Youth Olympic Games with a Silver. On the opening day shooter Tushar Mane bagged a silver in the men's 10 metre air rifle event. Mane shot 247.5 to win the silver while Grigorii Shamakov took the gold with 249.2. India is being represented by 46 athletes in 13 sports in the prestigious event.
- India won two medals a silver and a bronze in the last Youth Olympics in 2014 in Nanjing in China