Current Affairs Today 28th September 2019-Download in PDF

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Current Affairs Today – 28th September 2019

BANKING CURRENT AFFAIRS

India’s biggest brands HDFC Bank retains top rank for sixth time in a row

  • HDFC Bank topped the WPP-Kantar BrandZ Top 75 Most Valuable Indian Brands ranking for the sixth time in a row.
  • BFSI brands have dominated the top 10 ranking list this year.
  • According to the report, banking brands made up the largest share of the BrandZ Top 75 and owned 23% of the total brand value of $53.3 billion.
  • Life Insurance Corporation of India and State Bank of India retained their positions in the ranking at No. 2 and No. 5, respectively.
  • Kotak Mahindra Bank and ICICI Bank and got 5, 6th positions recently.

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HDFC: HDFC Bank Ltd. is an Indian banking and financial services company headquartered in Mumbai, Maharashtra. HDFC Bank is India’s largest private sector lender by assets. It is the largest bank in India by market capitalisation as of February 2016.

  • Headquarters: Mumbai
  • Founded: August 1994, India
  • CEO: Aditya Puri

FINANCE AND ECONOMY

Facebook plans to invest in tech startups in India

  • Facebook is planning to invest in technology start-ups. The minority investment in a company called Meesho, its first investment globally.
  • The second edition of Huddle Kerala 2019 one of Asia’s largest congregations on start-up ecosystem organized by Kerala Startup Mission (KSUM), Ajit Mohan, vice president and managing director, India.

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Facebook, Inc. is an American online social media and social networking service company based in Menlo Park, California.

  • Founded: February 2004, Cambridge, Massachusetts, United States
  • Headquarters: Menlo Park, California, United States
  • Founded: Mark Zuckerberg
  • CEO: Mark Zuckerberg
  • CFO: David Wehner

NATIONAL CURRENT AFFAIRS

First Indigenous Fuel Cell System launched on CSIR Foundation Day

  • The President of India Ramnath Kovind unveiled the first Indigenous High-Temperature Fuel Cell System.
  • This system is developed by Council of Scientific and Industrial Research (CSIR) in partnership with Indian industries under India’s flagship program named “New Millennium Indian Technology Leadership Initiative (NMITLI)” on the occasion of CSIR Foundation Day in New Delhi.

National Launch of 10 Year Rural Sanitation Strategy 2019 to 2029

  • Department of Drinking Water and Sanitation (DDWS), Ministry of Jal Shakti, GoI launched the 10 Year Rural Sanitation Strategy (2019-2029).
  • To focus sustaining the sanitation behavior change that has been achieved under the Swachh Bharat Mission Grameen (SBM-G), ensuring that no one is left behind, and increasing access to solid and liquid waste management.

STATE CURRENT AFFAIRS

Smt. Renuka Singh to inaugurate Aadi Mahotsav in Noida

  • Shri Renuka Singh, Minister of State for Tribal Affairs will inaugurate National Tribal Festival Aadi Mahotsav organised by Ministry of Tribal Affairs at India Expo Centre, Sector-62, Noida (UP) in the presence of Shri Deepal Khandekar, Secretary, Tribal Affairs and Shri R.C. Meena, Chairman, TRIFED.
  • The scheme of the festival is: A celebration of the spirit of Tribal Culture, Craft, Cuisine and Commerce.
  • The festival will feature exhibition-cum-sale of tribal handicrafts, art, paintings fabric, jewellery and much more through 70 stalls.
  • The 200 tribal artisans and artist from different states creating a Mini-India will be participating in the festival.

SUMMITS AND CONFERENCES

Union Agriculture Minister inaugurates Rural Investors and Start-up Conclave 2019

  • Union Agriculture Minister Narendra Singh Tomar inaugurated Rural Investors and Start-up Conclave (RISC) 2019.
  • The minister stated that villages and agriculture were crucial for the economic advancement of India.

AGREEMENTS AND MOU SIGNED

PNB MetLife India Insurance Co. Ltd. ties-up with Religare Health Insurance

  • PNB MetLife India Insurance Co. Ltd. has tied-up with Religare Health Insurance to offer a product which covers health, death and illness.
  • The tie-up will offer additional earning opportunity for the life insurer’s distribution channel partners.
  • PNB MetLife is targeting about 18-20% growth in 2019 (FY –fiscal year 20) & increase the number of branches to 200 from 107 within 2 years time.
  • It has the largest life insurance market Maharashtra, New Delhi and Karnataka & Tamil Nadu.

Extra Shots:

PNB MetLife India Insurance: It an associate of Punjab National Bank (PNB), wherein MetLife International Holdings Inc and PNB are the shareholders to the extent of 26% and 30% respectively.

  • Founded: 2001
  • Headquarters: Mumbai, Maharashtra
  • Managing Director & CEO: Ashish Kumar Srivastava

 Religare Health Insurance:

  • Establishment: July 2015
  • Headquarters: Gurgaon, Haryana

India and Thailand sign trade agreements for Rs 2,400 crore

  • Thailand and India have signed agreements for Rs 2,400 crores
  • Aim: To boost trade ties between the two countries
  • The pacts were across segments including rubber, construction material, food and beverages, logistics.
  • The breakup of the agreements, Laksana Visit on his first visit to India said the agreements signed in Mumbai total 4.45 billion Thai baht (about Rs 900 crore) while in Chennai, it was 7.623 billion Thai baht (about Rs 1,500 crore).
  • The total trade generated by this trip is 12.075 billion Thai baht.
  • The main objective of the visit was to strengthen strategic partnership with India, expand new business opportunities.

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Thailand (Capital/Currency): Bangkok/Bhatt

  • Prime Minister: Prayut Chan-o-cha

APPOINTMENT

Rupa Gurunath appointed as first woman president of Tamil Nadu Cricket Association

  • Rupa Gurunath was appointed as the first woman president of Tamil Nadu Cricket Association (TNCA) at the 87th Annual General Meeting of TNCA in Chennai, TamilNadu.

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Tamilnadu

  • Capital: Chennai
  • Chief Minister: Edappadi K.Palanisamy
  • Governor: Banwarilal Purohit
  • Chief Justice of Madras High Court: Vijaya Kamlesh Tahilramani
  • National Park: Guindy NP,Gulf of Mannar Marine NP, Indira Gandhi (Annamalai) NP,             Mudumalai NP, Mukurthi NP.

Air Marshal HS Arora appointed new IAF Vice Chief

  • Air Marshal HS Arora has been appointed as the Vice Chief of Indian Air Force.
  • He will succeed Air Marshal RKS Bhadauria who will take over as the Chief of Air Staff.
  • Air Marshal Arora is currently heading the Gandhinagar headquartered South Western Air Command of the Air Force.
  • He was also deputed as Defence Attache at the Embassy of India, Bangkok, Thailand from 2006 to 2009.
  • Air Marshal B Suresh has been appointed as Western Air Commander of the Air Force, in New Delhi.
  • Suresh will succeed Kargil war hero Air Marshal Raghunath Nambiar.

Air Marshal B Suresh appointed Western Air Commander of Indian Air Force

  • The Indian Air Force (IAF) appointed Air Marshal B Suresh as Western Air Commander of the Force in New Delhi.
  • He will succeed Kargil war hero Air Marshal Raghunath Nambiar on October 31.
  • Suresh (PVSM, AVSM, VM, ADC) was the Air Officer Commanding in Chief (AOC-in-C) of the Indian Air Force’s Southern Air Command.
  • He assumed this charge from RKS Bhadauria on August 1, 2018.
  • Air Marshal RKS Bhadauria appointed as its new chief.

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Indian Air Force: The Indian Air Force is the air arm of the Indian Armed Forces. Its complement of personnel and aircraft assets ranks fourth amongst the air forces of the world. Its primary mission is to secure Indian airspace and to conduct aerial warfare during armed conflict.

  • Founded: 8 October 1932, India
  • Headquarters: New Delhi
  • Role: Aerial warfare
  • Attack: Jaguar, MiG-27
  • Commander-in-Chief: President Ram Nath Kovind

SPORTS CURRENT AFFAIRS

CM Kamal Nath announces Bhopal metro will be named Raja Bhoj

  • Madhya Pradesh Chief Minister Kamal Nath announced that the metro rail in Bhopal will be named for Raja Bhoj.
  • Raja Bhoj was an 11th-century ruler from the Parmar dynasty which once ruled the area.
  • CM Kamal Nath laid the foundation stone of the Bhopal Metro Rail Project to be built at a cost of about Rs 6,941.4 crore rupees.

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Madhya Pradesh:

  • Capital: Bhopal
  • Chief Minster:Kamal Nath
  • Governor: Lalji Tandon
  • National Parks: Kanha NP, Satpura NP, Panna NP, Bandhavgarh NP, Sanjay NP, Van Vihar NP, Pench NP, Mandla Plant Fossils NP,  Madhav NP.

England woman wicket-keeper Sarah Taylor retires from International Cricket

  • England wicket-keeper Sarah Taylor called time on her international career, a statement from the England Cricket Board.
  • She made her England debut in 2006.
  • She scored 6,553 international runs is second on England Women’s all-time list of run-scorers.

DEFENCE CURRENT AFFAIRS

Indian Navy inaugurates its largest dry dock

  • Indian Navy its largest dry dock. It was inaugurated on September 28, 2019.
  • India’s only aircraft carrier, INS Vikramaditya, weighing 44,500 tons and the first indigenous carrier Vikrant
  • In a dry dock, water is drained out after a ship is brought in to enable repair and inspection.
  • This dry dock has been under construction for nine years. Five lakh tonnes of concrete has gone into making it.

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Indian Navy

  • Vice Chief of the Naval Staff (VCNS): Vice Admiral G. Ashok Kumar, AVSM, VSM
  • Chief of the Naval Staff (CNS): Admiral Karambir Singh, PVSM, AVSM
  • Deputy Chief of the Naval Staff (DCNS): Vice Admiral M. S. Pawar, AVSM, VSM

AWARDS

Infosys Bags UN Global Climate Action Award for ‘Carbon Neutral Now’ Category

  • IT major Infosys has received the United Nations Global Climate Action Award in the ‘Climate Neutral Now’ category.
  • Infosys is the only corporate from India to earn the recognition for its efforts to combat climate change.
  • The announcement of the winners was made after the UN Climate Summit in New York convened by UN Secretary-General Antonio Guterres.
  • The award will be presented to Infosys at the UN Climate Change Conference (COP25) in Santiago, Chile (December 2019).
  • Recently, Infosys has been ranked 3rd in the list of world’s most prestigious companies for 2019 by the famous American magazine Forbes.

Extra Shots:

Infosys:

  • Founded :7 July 1981
  • Headquarters :Bangalore, Karnataka
  • Chief Executive Officer(CEO) & Managing Director (MD) : Salil S. Parekh

Cochin International Airport wins award for passenger satisfaction

  • Airport Council International has recognised Cochin International Airport Limited as the best airport in terms of services offered to passengers.
  • As per the annual Airport Service Quality survey conducted by the ACI, CIAL was ranked amongst the best airports in the 5-15 million category in the Asia Pacific region for the year 2018.
  • The award was presented to the authorities of Cochin International Airport at the second Annual ACI Customer Experience Global Summit held at Bali, Indonesia.
  • ACI ASQ survey is world-renowned and established airport service quality benchmarking programme measuring passengers’ satisfaction.

OBITUARIES

The Owner of Britannia & Co Boman Rashid Kohinoor passes away

  • Boman Rashid Kohinoor, senior partner at the iconic Britannia & Co restaurant (Mumbai) passed away.
  • Boman Kohinoor’s father Rashid Kohinoor, a Zoroastrian immigrant from Iran started this restaurant on the south Mumbai, in the year 1923.

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