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October 08, 2017

8th October 2017 Important Daily Current Affairs

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Dear Great Ambitionists, here are today's (8th October 2017) Important Current Affairs updates. Happy Reading :)

Daily Current Affairs of 8th October 2017

National Current Affairs
  • Indian Air Force celebrates its 85th anniversary today. 
    • The force was formed on 8th October 1932 with a strength of six RAF-trained officers and 19 air soldiers.
    • Important Details about Indian Air Force
      • Founded    on : 8th October 1932
      • Motto : Touch the Sky with Glory
      • Headquarters : New Delhi
      • Chief of Air Staff : Birender Singh Dhanoa
      • Vice Chief of Air Staff   : Shirish Baban Deo
      • Indian Airforce is the World's 4th largest Airforce.
      • The Indian Air Force has involved in the following:
        • World War II
        • Sino-Indian War
        • Operation Cactus
        • Operation Vijay
        • Kargil War
        • Indo-Pakistani War of 1965
        • Indo-Pakistani War of 1947
        • Congo Crisis
        • Operation Poomalai
        • Operation Pawan
  • The Uttar Pradesh government has launched a mass marriage scheme titled ‘Mukhyamantri Samoohik Vivaah Yojana’.
    • Under this scheme, state social welfare department will conduct the mass marriages and state government will spend Rs 35,000 on each couple, besides gifting them mobile phones and household items. 
  • President Ram Nath Kovind today launched spiritual leader Mata Amritanandamayi Math's ₹100-crore clean water initiative for rural India in Kerala's Kollam. 
    • He inaugurated 'Jivamritam' filtration system which will provide drinking water to 10 million villagers across the country.
  • Delhi Pradesh Congress Committee today adopted a resolution urging party Vice President Rahul Gandhi to take over as the party President.
  • With an objective to conserve and improve the environment, the Chhattisgarh Government has banned use of Chlorinated Plastic and Polyvinyl Chloride (PVC) with immediate effect. 
  • A committee appointed by the Centre has submitted a draft Haj policy to Minority Affairs Minister Mukhtar Naqvi, proposing the abolishment of Haj subsidy
    • The policy was reportedly in light of a Supreme Court order directing government to abolish the subsidy by 2022. 
    • Another recommendation in the policy allows women aged above 45 years to travel without a male relative.
    • Head of this Commttee : Afzal Amanullah
  • The CRPF has sent 21,000 rounds of newly-developed and “less lethal” Plastic Bullets to the Kashmir Valley to tackle street protests and reduce the use of pellet guns. 
    • The bullets, developed by the Defence Research and Development Organisation (DRDO) and manufactured by the Ordnance factory, can be fitted in the AK series of assault rifles.
  • During his two-day visit to Gujarat, Prime Minister Narendra Modi today laid the foundation stone for a Greenfield International Airport, which is expected to cost ₹2,500 crore, at Rajkot. 
New Appointments
  • Admiral D K Joshi sworn in as Lieutenant Governor of Andaman and Nicobar Islands today.
  • Private lender Axis Bank today announced that it has completed the acquisition of mobile wallet firm Free Charge and appointed Sangram Singh as its CEO
    • The bank has completed the acquisition of FreeCharge for a cash consideration of ₹373.27 crore, on a cash free, debt free basis. 
  • The Supreme Court of India has appointed senior advocate and former additional solicitor general Amrender Sharan as Amicus Curiae on a petition seeking reprobe into assassination of Mahatma Gandhi
Banking, Business & Economic Affairs
  • Electronic commerce and cloud computing company Amazon is planning to start selling medicines online.
  • The Tamil Nadu government today issued orders to hike theatre ticket prices by 25%, with the maximum ticket price being ₹160 and the minimum price being ₹50. 
    • This comes after Tamil Film Producers Council and exhibitors decided to not release movies from October 6 to protest the implementation of 10% local body tax in addition to the existing GST.
  • The GST Council has raised the threshold limit for Composition Scheme to ₹1 crore from the current ₹75 lakh to ease tax filing for small traders. 
    • The scheme allows small businesses, including eateries, to pay 1-5% tax without going through tedious formalities.
Awards & Honors
  • Former RBI Governor Raghuram Rajan has featured in this year's list of six possible winners for the Nobel Prize in Economics. 
    • Rajan is presently working as a professor at the University of Chicago.
Sports Current Affairs
  • Mercedes' British Formula One driver Lewis Hamilton won the Japanese Grand Prix 2017.
  • Barcelona captain AndrĂ©s Iniesta signed the club's first lifetime contract today, in a deal that will keep him at the Catalan club for the rest of his career. 
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