Current Events


Politics Current Events

Xi Jinping expects to take relations with India on a new high

Chinese President Xi Jinping has expressed his hope that strategic and cooperative partnership between the two countries will reach higher plane by strengthening bilateral ties. 12 documents have been exchanged including economic and trade development plan, railways, audio visual co-production, drug administration, etc. Indian PM Narendra Modi raised his concerns regarding Indo-China border violation issues before the Chinese President. Xi assured of finding a solution. A group of Tibetans demonstrated against China’s Tibet policy outside New Delhi’s Hyderabad House. Interestingly, Dalai Lama referred Xi as more open minded and realistic.

BJP Agrees to Contest in 119 Seats in Maharashtra Election

 The Maharashtra unit of BJP has climbed down from its previous claim of 135 seats to 119 seats in upcoming Maharashtra Assembly election after set-back during by-poll election. After BJP’s climbdown, Shiv Sena leader Sanjay Raut assured that the 25-year-old tie-up is strong and the CM candidate will be from their party. Uddhav Thackeray will contest from either Vile Parle or Mumbai Dadar. If he decides to contest from a second seat, it is expected to be Thane.

US will Press India to Sign WTO Deal during Indian PM's September

The US has officially said they will press India for signing the WTO deal when Indian PM Narendra Modi meets Obama at White House during September 29-30, 2014. In late July, India had blocked the WTO deal over the issue of food subsidies. Analysts believe this contentious issue may dampen the euphoric mood of Modi’s visit to the USA for revitalising strategic partnership.

Business Current Events

Whopping $3.4 billion Deal Signed between Indian and Chinese Business Delegates

India-China bonhomie started on the first day of Chinese President’s visit to India by signing deals between business delegates of both the countries, worth $3.4 billion. Memorandum of Understanding was signed between Industrial and Commercial Bank of China Ltd and IndiGo of worth $2.6 billion. The low-cost Indian carrier plans to buy 30 aircraft with available finance from the largest commercial bank of China.

Rs 365 crore Fund raising by Quikr raisies its Valuation to Rs 1800 crore

Quikr, renowned online classified platform, raised Rs 365 crore (equivalent to $60 billion) for expanding their mobile business and product development. Tiger Global Management led the latest round of funding. This fund-raising has increased valuation of Quikr to a mammoth Rs 1800 crore. The last fund raising initiative was led by Investment Kinnevik of Sweden during March 2014, which raised Rs 550 crore raising valuation to Rs 1,525 crore.

India retains Sixth Position in the Billionaires' List

Wealth-X and UBS Billionaire Census 2014 shows there are 100 filthy rich people in India whose collective net worth is $175 Billion. There are 2,325 uber-rich across the globe. Though India has retained its 6th position in the list of countries having most number of billionaires, in comparison to last year, the billionaire count decreased from 103 to 100 with a $5 billion slide in their collective net worth. Currently, it stands at $175 Billion.  

Science and Technology Current Events

No Running Cost for Cold Storage created by IIT Engineers

Unnecessary wastage of agricultural produce may end with few young IIT Engineers creating a cold storage that runs on solar power and the running cost is almost nil. This kind of product has not been developed anywhere else in the world. Vivek Pandey, a mechanical engineering student, along with his team developed this project at Science andTechnologyentrepreneurshipPark(STEP) of IIT-Kharagpur. This cost-effective project has been tested successfully in a farmland in Karnataka.   

Another Flash Sale of Xiaomi Redmi 1S in India

 

40,000 units of Redmi 1S, popular budget smart phone of Xiaomi, got sold in just 3.4 seconds in India. It is the third flash sale of Redmi 1S in this country. The next date of sale for Redmi 1S on Flipkart will be September 23, 2014. This budget smart phone is available in India through Flipkart at Rs 5,999.

K Koteshwar Rao vouches for MoM's Success

ISRO Scientific Secretary K Koteshwar Rao has said that it will be the first time in the history of Mars Missions that a Mars mission spacecraft accomplishes the mission in its very first attempt, if Mars Orbiter Mission (MoM) enters the orbit of Mars on September 24, 2014. The Manglayan has already completed its 90 per cent journey to Mars.

Sports Current Events

Strict Action to be initiated against Male Gymnast and Coach

A day after a woman gymnast accused international level gymnast Chandan Pathak and Asian Games coach Monoj Rana of making lewd remarks and obscene gestures against her during national camp in New Delhi’s Indira Gandhi Sports Complex, Gymnastic Federation of India promised of undertaking strict action against the duo if found guilty. The Sports Authority of India has already initiated an inquiry into the matter.

Boxer Manoj Kumar to finally get Arjuna Award

Boxer and 2010 Commonwealth Games gold medallist Manoj Kumar will finally be given Arjuna Award by the Sports Ministry after the award committee led by Kapil Dev earlier refused to oblige. The boxer had filed a case in Delhi High Court earlier. The Sports Ministry told the  Court that the award committee denied award to Manoj Kumar as it mistakenly believed that he was involved in a doping case.

 



UAE beats India 5-0 in Asian Games Championship

Men’s Indian Football team was thrashed by UAE in their opening match in the Asian Games campaign. UAE humiliated India by scoring 5-0 goals. Indian men's football team is now in a tight spot and advancing to the next round seems difficult. UAE took control of this Group G match from the very beginning. The Indian team made some serious blunders from the very start of the game including mispasses, sluggish mid-field, ineffective wings, and many more.   

Entertainment Current Events

US Post Service to honour legendary actor Rao

The US Post Service (USPS) will issue a postage stamp on the birthday of the late legendary actor Vibhushan Akkineni Nageswarara Rao to honour him, Akkineni Foundation of America (AFA) announced. He is the first Indian actor to receive this honour. A special postal stamp release ceremony will be hosted by the foundation in Dallas Texas on September, 20. As per media report the veteran actor’s son Nagarjuna Akkineni said that he and his entire family is overwhelmed to receive this honor. Rao has acted in more than 255 Telgu, Tamil and Hindi films and breath his last on January 22.

Director Soundarya Rajinikanth joins renowned Eros International

The notable production house Eros International has appointed Director Soundarya Rajinikanth as the Creative Project Director and Head of the Digital Initiatives. Soundarya in her tweet mentioned that she is thrilled to play a new role. But Soundarya will continue directing films which is her passion.

Shah Rukh becomes 'turn back crime' ambassador for Interpol

Superstar Shah Rukh Khan has been signed as an ambassador by the Interpol for its ‘Turn Back Crime’ campaign which is meant to promote awareness among people on how they can play an important role in preventing crime. As per reports, Shah Rukh Khan has joined Chinese actor Jackie Chan in the list of ambassador for this campaign.

Other Current Events

Prashant Bhushan refuses to reveal the Whistleblower who Leaked CBI Documents on 2G Scam

Senior Supreme Court lawyer, Prashant Bhushan, today refused to divulge the identity of the whistleblower who gave Bhushan the guest list of CBI Chief’s residence as well as CBI documents related to 2G Scam. He reasoned that disclosing the identity will endanger life of the whistleblower. The apex court’s bench of justices comprising SA Bobde and HL Dattu had asked Bhushan on September 15, 2014 to reveal the source of information through sealed envelop.

J&K Civil Secretariat Reopens Today

The Civil Secretariat of Jammu and Kashmir in Srinagar reopened today after it was shut down due to the devastating flood. Secretariat’s security in-charge said that by 9.30am, less than ten per cent of the employees came to office. Through flood water has started to recede in the capital of the state, many areas are still under water. The Secretariat’s ground floor is still not functional.

Draft Cabinet Note Streamlines Social Welfare Schemes

The Narendra Modi government has floated a Draft Cabinet note for revamping social security schemes. As per the draft, there are three specific proposals. First, it proposes to widen skill development scope. Second, it proposes to plug lacunae in mid-day meal scheme. Third, the state-sponsored pension and insurance schemes (Indira Gandhi National Old Age Pension Scheme, Aam Aadmi Bima Yojana, and Rashtriya Swasthya Bima Yojana) are proposed to be merged for reducing administrative cost.  

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