1. Swiss
President on 3-Day Visit to India
i.
President of Swiss Confederation Doris Leuthard is on the three-day
visit to India. A number of agreements are expected to be signed in several
areas after the talks.
ii. India
and Switzerland enjoy robust economic ties, with Switzerland
being seventh largest trading partner and eleventh largest foreign
investor for India.
2. Arunachal
Pradesh and J&K are Fastest Growing Economies
i. Jammu
and Kashmir and Arunachal Pradesh were the fastest expanding State
economies in 2015-16, according to a new series of gross State domestic product
data with 2011-12 as the base year published by the Central Statistics
Office.
ii. The
two States also reported the fastest rise in per capita income in the same
year. Arunachal Pradesh’s gross State domestic product (GSDP) expanded 16.5 per
cent and that of Jammu and Kashmir 14.7 per cent at constant 2011-12 prices.
iii. Top
5 Largest state Economies are-
- Maharashtra
- Tamil Nadu
- Gujarat
- Uttar Pradesh
- Karnataka
3. CSIR
Ranked 9th Public Research Institution of the World
i. India's
largest autonomous public organization Council of Scientific and
Industrial Research (CSIR) has been ranked ninth in the world. The
institute has been ranked ninth amongst a total of 1,207 government
institutions, according to the Scimago Institutions ranking World
Report 2017.
ii. It
is the only Indian organization which has found place amongst the Top
100 Global Institutions. The ranking (Government Institutions) was topped by
the Chinese Academy of Sciences.
4. Ministry
of Railways Signs two MoUs with Switzerland
i. India
and Switzerland signed two MoUs in the field of Railways. The two MoUs
were signed between Ministry of Railways and Swiss Confederation after
high-level talks between Indian Prime Minister Narendra Modi and Doris
Leuthard, President of Swiss Confederation during her visit to New Delhi.
ii. First
MoU
The MoU was
signed between Ministry of Railways and Federal Department of the Environment,
Transport, and Communications of the Swiss Confederation for technical
cooperation in Rail Sector. The MoU aims at cooperation in the
following areas:
- Traction Rolling stock
- EMU and Train sets
- Traction Propulsion Equipment
- Tilting Trains
iii.
Second MoU
The second
MoU was signed between Konkan Railway Corporation Limited (KRCL) and Swiss
Federal Institute of Technology (ETH) Zurich. The MoU aims to help the Konkan
Railway in establishing the George Fernandes Institute of Tunnel Technology
(GFITT) at Goa, especially for assimilation and dissemination of knowledge in
the field of tunneling.
5. SEBI
bans Orion Capital, Orion Broking from Markets for 10 years
i.
Markets regulator SEBI barred Orion Capital as well as Orion
Broking and their partners from the securities markets for 10 years
for failing to redress several investor grievances pertaining to non-
settlement of funds due to the clients.
ii. The
nature of investor complaints received against both the firms are predominantly
on non-settlement of the funds and securities and balances due to their
clients. The claim amount is more than Rs 6 crore against Orion Capital and
over Rs 4 crore against Orion Broking.
6. Konkani
Writer Mahabaleshwar Sail Receives 2016 Saraswati Samman
i.
Prominent Konkani writer Mahabaleshwar Sail was presented with the Saraswati
Samman 2016 for his novel 'Hawthan'. The novel
'Hawthan', published in 2009, captures cultural lives of
traditional potter community in Goa.
ii. He
was awarded the Sahitya Akadami Award in Konkani language for his
short story collection ‘Taranga’ in 1993. The award carries a cash prize of Rs
15 lakh, a citation and a plaque of goddess Saraswati.
7. Reliance
Foundation Awarded Rashtriya Khel Protsahan Puraskar
i. The
Reliance Foundation was rewarded with the prestigious Rashtriya
Khel Protsahan Award at Rashtrapati Bhawan. Chairperson of the
foundation, Nita Ambani collected the award from
President Ram Nath Kovind.
ii. For
its contribution to the promotion of sports, the award went to Reliance
Foundation. Kendriya Vidyalaya Sangathan (KVS) also received the Rashtriya Khel
Protsahana Purushkar for its ‘Identification and Nurturing of Budding
and Young Talent’ (IDCO) program.
8. Rajiv
Mehrishi is New CAG of India
i. The
outgoing Home Secretary Rajiv Mehrishi was appointed Comptroller
and Auditor General of India (CAG).
ii. Mr.
Mehrishi completed his two-year stint as Home Secretary and handed over the
charge to Rajiv Gauba.
9. Sunil
Arora Appointed Election Commissioner
i. Former
bureaucrat Sunil Arora was appointed Election Commissioner by
the law Ministry. Mr. Arora’s appointment will be with effect
from the day he assumes charge.
ii. After
Nasim Zaidi retired as Chief Election Commissioner in July, there was a vacancy
in the poll panel. While Achal Kumar Joti is the Chief Election Commissioner of
India, Om Prakash Rawat is the other Election Commissioner.
10. Rajiv
Kumar Takes Charge as Niti Aayog Vice-Chairman
i.
Economist Rajiv Kumar took over as the vice-chairman of
government think tank NITI Aayog. Mr. Kumar replaced Arvind
Panagariya, an Indian-American economist who left the think tank to return
to academia.
ii. Mr.
Kumar was a senior fellow at the Centre for Policy Research (CPR). He was a
member of the National Security Advisory Board between 2006 and 2008.
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