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October 11, 2016

11th October 2016 Events - Important Current Affairs updates

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Dear Gr8 Ambitionists, here are today's (11th October 2016) Important Current Affairs updates. Happy Reading :)

International Affairs
  • Today (11th October) is International Day of the Girl Child.
    • This is an international observance day declared by the United Nations.
    • First International Day of the Girl Child was observed on 11th October 2012.
    • Theme of the year 2016 : "Girls' Progress = Goals' Progress: What Counts for Girls"
  • India donates 9.3 million rupees to Nelson Mandela Foundation to help it in its welfare work for people of South Africa.
  • The Dubai government today announced that it has started the construction of 'The Tower at Dubai Creek Harbour', which would be the world’s tallest tower when completed in 2020. 
    • Note : Dubai's Burj Khalifa (2,700 feet high) is currently the world’s tallest skyscraper.
  • Colombian President Juan Manuel Santos has announced that he will donate his Nobel Peace Prize money worth $925,000 to victims of Colombia's 52-year-old civil war, between the government and FARC rebels.
    11-10-2016 Current Affairs
    • Note : Santos had won this year's Nobel Peace Prize for his efforts to resolve the conflict.
  • President of Russia Vladimir Putin is going to embark on 4 day visit to India from 14th October 2016.
National Affairs
  • Telangana has announced the creation of 21 new districts from today, taking the total number of districts in the state from 10 to 31
    • The reorganisation of districts has been taken up for better administration, CM K Chandrasekhar Rao said. 
    • The original plan was to create about 17 more districts but the government was forced to add four more.
  • The Centre has decided to give a unique ID to every judge in the country to keep a record of their judgements.
    • The judges' data will be available to the public through National Judicial Data Grid (NJDG) after their judicial records are linked to their respective IDs. 
    • Currently, such information is not available on any digital platform.
  • The Ghazipur Waste to Energy (WtE) plant, a facility which combusts wastes to produce electricity, will be commissioned this month. 
    • The plant, which will use 1,300 tonnes of Municipal Solid Waste (MSW) from the Ghazipur landfill site daily, is expected to generate 12 megawatts of energy. 
    • Note : This will be Delhi's second such facility, after the operational Timarpur-Okhla WtE plant.
Awards & Honors
  • A total of five Indian-Americans have been featured on Forbes list of the US' 400 richest people in 2016
    • These include Symphony Technology founder Romesh Wadhwani, who was ranked highest among the Indian-American's named in the list at 222, followed by Syntel co-founders Bharat and Neerja Desai who were ranked 274. 
    • Note : Microsoft Co-founder Bill Gates topped the list.
Science & Technology
  • South Africa's coast town George has got the continent's first solar-powered "green" airport
    • The regional airport has 2,000 solar panels which produce up to 750 kW daily, while the regular requirement is 400 kW. 
    • The excess is supplied to the municipal power grid. 
    • The airport has lately reduced its carbon emissions by 1,229 tonnes, equivalent to 1,03,934 litres of fuel.
Business & Economy
  • Indian Banks have been ranked third from the bottom in terms of Tier 1 capital ratio among major emerging market economies, according to the International Monetary Fund’s latest Global Financial Stability Report
    • Only Russian and Chilean banks were ranked below India. 
    • Note : Tier 1 capital is the core measure of a bank's financial strength from a regulator's point of view.
  • Technology giant Samsung today completely stopped its Galaxy Note 7 sales after fires were also reported in replacements that were claimed to be "safe". 
    • Further, Samsung asked consumers with Note 7 to turn off the power and seek a refund or exchange them for different phones. 
    • Samsung has lost $18 billion from its market cap following the announcement.
  • The Centre is looking to pump in around ₹1,000 crore in Public Sector Undertakings (PSUs) through the skill development initiative.
  • Indian Railways will introduce three train coaches with glass ceilings in trains in Kashmir Valley and Araku Valley
    • The project, which was started in 2015, is slated to be launched in December this year. 
    • Jointly designed by organisations including IRCTC and Integral Coach Factory (ICF), the manufacturing cost of each coach is reportedly around ₹4 crore.
  • India is planning to supply 500 MW power to Sri Lanka through a network of sub-sea underground cables, Union Power Secretary PK Pujari has announced today.
    • Sri Lanka needs power from India to meet its domestic needs but nothing has fructified in the absence of an adequate transmission infrastructure. 
  • Uttar Pradesh is going to participate in the BRICS Trade Fair in New Delhi, to be held from October 12-14. 
    • Upcoming infrastructure and industrial projects in the state like the Lucknow-Agra expressway, metro rail initiatives, and projects under Delhi-Mumbai Industrial Corridor, among others, will be showcased at the event.
New Appointments
  • China has appointed Basketball player Yao Ming as its ambassador to Mars, in order to promote country's first mission to the Red Planet in 2020. 
    • Note : China notably aims to send a rover to Mars to join NASA's Curiosity spacecraft.
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