CURRENT GK
1.Development Bank of Singapore hopes for more transparency in policies in India :-
Development Bank of Singapore (DBS) is expected more clarity in the coming weeks in other policies like Goods and Services Tax (GST) in India.
According to the daily financial report of DBS, the major economic data coming this time may be better. Figures for the August industrial output index are to be released this week.
It is expected to be more than 1.2% of July. According to the report, the festival demand from GST is expected to increase from the festival demand. With this, there is a possibility of getting support from the production due to the recovery of cash status, good monsoon and increased wages due to the increase in remuneration and allowances.
In the financial year 2017-18, production is estimated to be close to two percent, which is less than 4.6% of last year.
2.Costa Rica will compete with Guinea and Iran will face Germany in the FIFA Under-17 Football World Cup tournament :-
In the FIFA Under-17 Football World Cup tournament in Goa today, Costa Rica will compete in two Group C matches in Guinea from 5 pm and Iran face Germany from 8 pm.
At the same time , Spain’s match in Group D matches in Kochi will be played from Niger at five o’clock, while Brazil will compete with North Korea from 8 o’clock in the evening.
Here , the second international Twenty20 match between India and Australia in cricket will be played at the ACA-Barsapara Stadium in Guwahati today. The match will start at seven o’clock in the evening.
This is the first international match on the field. This match is an opportunity for India to name a three-match series. Earlier, in Ranchi, India won the first Twenty20 match by nine wickets.
3.Indian ambassador congratulates Egypt on qualifying for World Cup :-
In Egypt, India’s Ambassador Sanjay Bhattacharya congratulated the Egyptian football team for qualifying for the FIFA World Cup after 28 years.
Egypt defeated Cong’s 2-1 and made it to the World Cup in Russia next year.
He tweeted, “Best wishes to make Egypt a place in the World Cup to be held in Russia in 2018.”
Egyptians celebrated the singing on the streets with country’s flag on qualifying for the team. To make the place in the World Cup, it was necessary for Egypt to win this match.
Liverpool’s talented young footballer Mohammad Saleh scored two goals for the team. The last round happened in the last moments of the match.
4.Gujarat election will be in December, VVPAT will be used: Chief Election Commissioner :-
Chief Election Commissioner of India AK Joti has indicated that Gujarat elections can be held in December.
The Assembly’s term will end in the third week of January. They say that VVPat machines will be used on all fifty thousand booths in Gujarat.
These have been tried in Goa. The Commission is going to create a polling station for women for the first time in these elections. Soon a team of the commission will be Gujarat for preparations for the elections.
-VVPAT will be used -The term of assembly will end in third week of January
Joti says that during elections, curbing the distribution of money, liquor, narcotics and other items will be a priority in electoral environment. CCTV cameras will be installed at border checkposts and sensitive booths.
5.GIC RE’s IPO, will open today :-
General Insurance Corp of India (GIC) is fully prepared to present its 11,370 crore IPO on Wednesday. This is India’s third largest IPO after Coal India (Rs 15,200 crore) and Reliance Power (Rs 11,700 crore). If you are thinking of investing in this IPO, then you should try to get all the information related to it.
GIC RE provide reinsurance facility to every non-life insurance in India and more than half of the insurance companies. GICR receives a statutory session of 5 percent each under one policy and policy on each policy.
Reinsurance is an insurance company bought from it. This work is done by other insurance companies to reduce the risk. It is a kind of risk management.
Important things related to IPO- The IPO of General Insurance Corporation of India will open on October 11, which will be open till October 13.
The IPO of Rs 11,370 crore has been fixed for the price range of 855 to 912 rupees per share.
The company is a reinsurer and it manages risk for general insurance companies through premium.
Through this IPO, the company will sell its 14.22 percent stake.
The government’s share of the sale will be 12.26 percent, while the company will offer 1.96 percent of its shares.
The company plans to raise Rs 12,371 crore through this IPO market.
Axis Capital, Citigroup, Deutsche India, HDFC Securities and Kotak Capital are the managers of the issue.
6.Loss of 13.63 crore rupees in Patiala mall in eight months :-
The Paltim E-Commerce, which operates the mobile wallet company and online marketplace Pety M Mall, has lost a total of 13.63 crore from August 2016 to March 2017. This information has come out as per the information given by the company to the corporate affairs ministry.
According to the documents given to the Registrar of Companies, the total income of Peti M Mall was Rs 7.34 crore during this period.
This year it was also divided into a separate app. PettyM E-Commerce took the PetitM’s online marketplace business into its hands.
7.Will go to London to gather details of properties of Sharif :-
Pakistan’s former Prime Minister Nawaz Sharif, who is stranded in the Panama Leak case, is getting screwed up. The National Accountability Bureau (NAB) team is scheduled to go to London to collect details of their properties.
At the same time, the process of issuing red warrants has been initiated against Interpol against fugitive proclaimed his sons Hassan and Hussain.
According to the media report, NAB had written a letter to the British government in this regard, but so far it has not been answered.
Sources said that if no reply is received, a NAB team will go ahead and go ahead in the investigation.
The investigation team will try to submit the report before Friday in NAB Court so that the charges can be decided on the date fixed against Sharif, his daughter Maryam and son Hassan and Hussain.
Team Sharif will also gather information about family business agreements.
8.One Day World Championship: India and South Africa will be the series in the beginning :-
The second session of the ICC Women’s ODI World Championship will be held from 2017 to 2020. In this, the Indian team will play the first round of the tournament against South Africa from February 5 to 10.
ICC launches women’s championship in Delhi in presence of Indian captain Mithali Raj and former captain Anjum Chopra.
As a part of the championship, India Women, who have not played any matches since the tournament against England in the World Cup final in July, will play two matches on February 5 and 7 in South Africa’s Kimberley, while the final match of the series will be held in Pochestrum Will be on Februar
9.Petrol pumps will be closed on October 13, in preparation of petrol dealers strike :-
United Petroleum Front (UPF) has announced strike at national level on behalf of petrol pump dealers.
Dealers will keep the petrol pumps off from midnight on October 12 for the next 24 hours. They have planned a strike so that pressure on the government to persuade other demands including improvement in business inconsistencies.
The UPF says that if the government is not soft about their demands then they can go on indefinite strike for purchase and sale from October 27, and it will continue till the business discrepancies are not addressed.
Talking to reporters, the All-Karnataka Front of Petroleum Traders BR Ravindranath told that the oil marketing companies (OMC) were not anxious to solve the issues and to fulfill those demands for which they had agreed on 4 November last year. Are there.
10.Automation and digitization expected to cut IT companies in the coming quarters :-
Indian IT professionals can see the possibility of retrenchment within the next six months because traditional roles are being increasingly interrupted due to automation and digitization.
This information has come up through a survey. Experience IT Exploration Outlook Survey It has been reported that during the period from October 2017 to March 2018, IT recruitments will be found to be sluggish.
This survey was conducted among 500 Indian IT employers across the country. It has also been mentioned that IT industry is not only thinking about recruitment of junior and mid-level recruitments, but also reflecting on senior level tactics.
The total number of retrenchments in the IT sector is the highest. It is believed that this trend can continue for another six to 12 months. In view of this, IT professionals should prepare themselves according to the latest technologies in the next six to 12 months where huge demand will be seen.
