16th September Current Affairs Updates

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International Affairs

• Microsoft Corp. co-founder BillGates stays atop Forbes list of America's richest.  Investor WarrenBuffett, head of Berkshire Hathaway Inc. remains in 2nd place; Oracle Corp. co-founder LarryEllison is 3rd
• German Chancellor Angela Merkel's Bavarian allies scored a resounding win in a state vote Sunday, provisional results showed, giving her a boost one week ahead of a general election.
• Inter-Korean Kaesong industrial zone reopened five months after it was closed due to military tensions.
• Haifaa Al Mansour's Wadjda, the first ever feature from a Saudi Arabian woman, is to be the country's official nomination for the 2014 Oscars.
• International Day for the Preservation of the Ozone Layer being observed; gas shield protects Earth from sunrays & helps preserve life.
• Promising a stable government to Australians, Prime Minister-elect Tony Abbott on Monday unveiled a 20-member cabinet with the lone woman representative to become the foreign minister.
• Pakistan Prime Minister NawazSharif embarks on three-day visit to Turkey to woo investors, give strategic direction to bilateral ties.
• Afghanistan's presidential election race kicks off as nominations open.
• India and China agree to enhance cooperation in the media sector.

National Affairs

• Uttarakhand's famous Rajaji Park which recently got the status of a National Park is likely to become a tiger reserve in a month.
• IIMCalcutta ranked 19th by the FT Global Rankings above London School of Economics & Manchester Business School, for management programmes.
• Assam Chief Minister Tarun Gogoi today said around 40,000 posts were vacant in different departments in the state government which would be filled up within six months.
• Cabinet Committee on Investment meet tomorrow; may review hurdles in road sector
• Market regulator Securities and Exchange Board of India (SEBI) on Monday notified new norms for angel investors, who provide funding to companies at their initial stages. With the new norms, SEBI aims to encourage entrepreneurship in the country by financing small start-ups.
• Union Culture Minister Smt. Chandresh Kumari Katoch unveiles World Heritage site plaque at Chittaurgarh Fort, Rajasthan.
• JairamRamesh to inaugurate workshop on convergence of MGNREGA with other schemes tomorrow.
• Road Ministry to build elevated corridor on Delhi-Jaipur highway, estimated to cost Rs. 900-crore, to ease traffic congestion.
• 158 Eklavya model residential schools (EMRSs) sanctioned for tribal students.
• Commerce and Industry Ministry has circulated a draft Cabinet note on relaxing FDI norms for the housing sector.
•  The Replica of Labna’s Arch, a symbol of friendship between India and Mexico, was inaugurated on Monday by the Chief Minister Sheila Dikshit at the Garden of Five Senses.

Awards and Honors

• Twenty-four-year-old Nina Davuluri today became the first contestant of Indian heritage to win the Miss America pageant.
• Abhinav Shiv Tiwari's "OASS", a movie on human trafficking, was named the best film at the second edition of the Ladakh International Film Festival (LIFF). It also won the best screenplay, and Divya Chhetri was awarded the best actress for the same movie.
• JohnAbraham honoured with 'Pride of the Nation' Award constituted by Anti Terrorist Front for his film "Madras Cafe".

Sports

• A bat signed by players of all teams that took part in the 1985 World Championship of Cricket in Australia and belonging to the collection of former off spin great Erapalli Prasanna, fetched the highest price (4.5 lakh) in an auction.
• 50th edition of Indian Open Golf with a prize purse of USD 1.25-million will tee off at Delhi Golf Club from November 7 to 10.

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