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October 11, 2017

11th October 2017 Important Daily Current Affairs

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Dear Great Ambitionists, here are today's (11th October 2017) Important Current Affairs updates. Happy Reading :)

Daily Current Affairs of 11th October 2017

International Current Affairs
  • Today (11th October) is World Obesity Day.
    • This day is observed globally with the view of promoting practical solutions to end the global obesity crisis. Wikipedia
    • Note : Child and teenage obesity levels have risen ten-fold in the last four decades, meaning 124 million boys and girls around the globe are too fat. 
  • Today is International Day of the Girl Child
    • On December 2011 the United Nations General Assembly adopted Resolution to declare 11th October as the International Day of the Girl Child to recognize girls’ rights and the unique challenges girls face around the world.
    • Theme of International Day of the Girl Child 2017 : “The Power of the Adolescent Girl: Vision for 2030.”
National Current Affairs
  • The Supreme Court today ruled that having sexual intercourse with wife who is below 18 years of age will be considered as rape
  • The Delhi government will start giving a reward of ₹2,000 to people taking accident victims to hospitals from October-end.
    • The people will be rewarded under the Good Samaritan Policy that was approved earlier this year to encourage people to help road accident victims in emergency situations.
Science & Technology
  • China-based Five-hundred-metre Aperture Spherical Telescope (FAST) has announced the discovery of multiple pulsars, marking the first confirmed finds from the world's largest radio telescope
    • Pulsars, remnants of stars, are dubbed 'lighthouses' of the universe due to their regular rotational periods and focussed radiation. 
    • The $180-million facility is looking for signs of extraterrestrial life.
Awards & Honors
  • President of India Ram Nath Kovind today presented the Lal Bahadur Shastri National Award for Excellence in Public Administration, Academics and Management for the year 2017 to Dr. Bindeshwar Pathak at Rashtrapati Bhavan.
    • Mr Pathak is the founder of Sulabh International and has developed and implemented, on a pan India scale, a low cost and appropriate toilet technology popularly known as the Sulabh Shauchalaya system.
Banking, Business & Economic Affairs
  • US bank Wells Fargo has upgraded over 5,000 ATMs that allow customers to withdraw cash with a smartphone instead of debit or credit cards
    • The ATMs have near-field communications (NFC) module that allows customers to tap a phone configured with mobile wallet systems like Apple Pay and Android Pay. 
    • However, customers still need to enter their PIN into the machine.
  • As per the recommendations of the Seventh Pay Commission, the government has approved a pay hike for 7.5 lakh teachers across government universities and colleges.
  • The International Monetary Fund (IMF) has lowered India's growth projection to 6.7% in 2017, 0.5 percentage points less than its previous two forecasts in April and July. 
    • The cut has been attributed to demonetisation and GST rollout. 
  • Maharashtra became the second state after Gujarat to cut Value Added Tax (VAT) on petrol and diesel bringing them down by ₹2 and ₹1 per litre . 
  • State-run reinsurer General Insurance Corporation of India (GIC Re) launched its Initial Public Offering (IPO) today, selling shares at ₹855-912 apiece to raise ₹11,370 crore in the three-day offer. 
    • The IPO would be India's third largest ever, after Coal India's ₹15,200 crore and Reliance Power's ₹11,700 crore issues. 
  • Indian banks' bad loans increased by 4.5% in six months to hit a record ₹9.5 trillion ($145.56 billion) at the end of June. 
    • In the previous six months, they had risen 5.8%. Further, stressed loans, as a percentage of total loans, reached 12.6% at end of June, the highest level in at least 15 years, according to the RBI data.
New Appointments
  • The government has cleared the appointment of Leslie Thng as the Chief Executive Officer (CEO) of Tata Sons-Singapore Airlines joint venture airline Vistara
    • Thng replaces Phee Teik Yeoh, who is returning to Singapore this month to take up a senior position with Singapore Airlines.
  • Anupam Kher has been appointed the new Chairman of the Film and Television Institute of India (FTII).
    • He is going to replace television actor Gajendra Chauhan. 
Sports Current Affairs
  • The Fédération Internationale de Football Association (FIFA)  has suspended Pakistan Football Federation with immediate effect, following which the national and club teams will not be allowed to take part in international competitions till the suspension is lifted. 
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