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October 12, 2016

12th October 2016 Events - Important Current Affairs

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Dear Gr8 Ambitionists, here are today's (12th October 2016) Important Current Affairs updates. Happy Reading :)

12th October 2016 Current Affairs

International Affairs
  • The 28th India and Indonesia Coordinated Patrol (CORPAT) and Second Bilateral Maritime Exercise have commenced at Belawan, Indonesia in the Andaman Sea. 
    • The 17-day-long bilateral exercise will demonstrate India’s commitment to its ties with Indonesia and to maritime security in Indian Ocean Region (IOR).
  • China and Russia will hold their second anti-missile drills in 2017.
    12th October 2016 Events
    • This comes after South Korea and the US announced their plans to deploy the US Terminal High Altitude Area Defense (THAAD) system in South Korea to protect against any North Korean threats. 
    • Note : North Korea conducted its fifth and biggest nuclear test recently.
  • The World Health Organisation has asked all countries to introduce a sugary drinks tax (around 20%) as a way of curbing the obesity rate, especially in children. 
    • The WHO further said it will help campaigners in countries like Colombia, where the drinks industry succeeded in having an anti-sugar broadcast banned.
  • The Russia and Turkey have agreed to intensify military and intelligence contacts
    • They also have agreed on the need for aid to get to the northern Syrian city of Aleppo. 
    • Decision in this regard was taken after meeting between Turkish President Recep Tayyip Erdogan, Russian President Vladimir Putin on sidelines of World Energy Congress in Istanbul.

National Affairs
  • The 4th BRICS Science, Technology and Innovation Ministerial Meeting was held at Jaipur, Rajastan. 
    • The purpose of the meeting was to further strengthen the collaboration amongst the BRICS countries in the areas of Science, Technology and Innovation (STI).
  • Haryana Chief Minister Manohar Lal Khattar today announced that the sex ratio in the state has reached 922 as of September 2016. 
    • Earlier, the sex ratio in the state was 837. 

New Appointments
  • The United Nations General Assembly (UNGA) will tomorrow formally appoint Portugal's former Prime Minister António Guterres as next Secretary General of United Nations
    • He is going to replace the retiring Ban Ki-moon on January 1 next year.
  • Abdelilah Bekirane was re-appointed as the Prime Minister of Morocco for second term.
  • The portfolios held by Tamil Nadu CM Jayalalithaa, who has been undergoing treatment in hospital, have been transferred to state finance minister O Panneerselvam.
    • Note : Panneerselvam has held the CM's office twice, both times when Jayalalithaa was ineligible to hold the office.

Recent Committees in News
  • The Central Electricity Regulatory Commission (CERC) appointed committee has submitted its recommendations. 
    • The committee has suggested an overhaul in transmission planning to facilitate transfer of power on economic principles. 
    • This committee was headed by : Mata Prasad (power system expert)

Business & Economy
  • The government has doubled the monetary limit in case of excise duty evasion to ₹2 crore, the Central Board of Excise and Customs has announced today.
    • The move aims to maintain uniformity of practice in central excise and service tax. 
    • Note : In October 2015, the monetary limit for excise related offences was set at ₹1 crore.
  • India’s holdings of the US government bonds touched a high of $123.7 billion in July, making it the 12th largest holder, US Treasury Department's latest data showed. 
    • China and Japan were the top two countries with the largest exposure to American government securities at $1.22 trillion and $1.15 trillion, respectively.
  • With the increasing role of technology in the global economy, the World Economic Forum is establishing a new center in San Francisco to connect tech companies and policymakers.
    • The new facility will focus on bringing government officials and tech companies together to create frameworks for more productive legislative policies that can be implemented worldwide.

Awards & Honors
  • Activist Ilham Tohti who was jailed for life after opposing China's policies in the violence-stricken west, has been announced the winner of the Martin Ennals award for human rights defenders. T
    • This award is popularly known as “human rights Nobel”.
    • Tohti won this award "for spending two decades trying to foster dialogue between China's Han majority and the Muslim Uighur ethnic minority".

  • Indian Test captain Virat Kohli was presented with the ICC Test mace for being the number one-ranked Test side, at the end of the Indore Test against New Zealand today. 
    • The team had guaranteed the number one spot, overtaking Pakistan following their victory over New Zealand in the Kolkata Test.
  • Ravichandran Ashwin reclaims No.1 spot in Test rankings for bowlers.
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