Current Affairs Today 16 October 2017

Current Affairs Today 16 October 2017

Current Affairs Today 16 October 2017

Current Affairs Today 16 October 2017

National:

1.ITBP (Indo-Tibetan Border Police) is raising a mechanised column

For the first time in its over 50 years history, the ITBP is raising and deploying a mechanised column of power vehicles and machines to speedily mobilise troops along the Sino-India border in case of Chinese military transgressions and Doklam-like standoffs.

What includes?
The mechanised column of the force will comprise over 250 Sports Utility Vehicles (SUVs), all-terrain vehicles (ATVs), snow scooters, excavators and few other medium-lift four-wheeled vehicles.

Purpose ?
While the Army has the mechanised infantry, it was essential to have a mechanised column in the border guarding force as it secures this border in peace times and will bear the first onslaught in case of a war or a conflict.
Fact sheet:

Estb: 24 October, 1962

Director General of ITBP: R K Pachnanda

Economy:

1.Indian economy growing at solid track: IMF

IMF chief Christine Lagarde said the Indian economy was on a “very solid track” in the medium term, days after the International Monetary Fund lowered its growth forecast for the current and the next year.

The IMF last week lowered India’s growth projection to 6.7% in 2017, 0.5 percentage points less than its previous two forecasts in April and July, attributing it to demonetisation and introduction of the GST.

It also lowered the country’s growth for 2018 to 7.4%, 0.3 percentage points less than its previous two projections in July and April. India’s growth rate in 2016 was 7.1%, which saw an upward revision of 0.3 percentage points from its April report. “We very much hope that the combination of fiscal [deficit] — because the deficit has been reduced and inflation has been down significantly — and the structural reforms will actually deliver the jobs that the Indian population, particularly the young Indian people, expect in the future,” she added.

2.Indian GDP growth likely to be at 7% : NITI Aayog

Niti Aayog vice chairman Rajiv Kumar has said the economic slowdown that began in 2013-14 has bottomed out and the GDP is likely to grow 6.9 to 7 per cent this fiscal and 7.5 per cent in 2018-19.

3.Compulsory hall making for jewelry

The government has empowered the Bureau of Indian Standards (BIS) to make hallmarking of jewellery compulsory for 14, 18 and 22 carats. Until now,jewellery could be sold without hallmarking, too. Usually, 18 carats is the maximum preferred purity for diamond studded jewellery.

A notification issued by the Ministry of Consumer Affairs has said the changes passed by Parliament in the Bureau of Indian Standards Act, 2016, would be effective from Thursday (October 12).

Bilateral issue:

1.Doklam effect on Chennai-Mysore high speed railway line

The Chennai-Bangalore- Mysore corridor is a 492-km long proposed high-speed railway line A Chinese company submitted its final report in November 2016. Chinese team suggested a face to face interaction, but no date has been fixed, officials say. Board unable to get in touch with Chinese railway officials despite repeated communications. Officials claim that the ‘lack of response’ may be due to the Doklam standoff

Backdrop: Doklam issue was the standoff between the two countries in Bhutan’s Dokalam area between June 16 and August 28 this year. This dispute started after Indian side stopped the building of a road in the disputed area by the Chinese Army. Bhutan and China have a dispute over Dokalam.

High speed rail corridors : (1) Delhi-Agra (2) Delhi-Chandigarh (3) Delhi-Kanpur (4) Nagpur-Bilaspur (5) Mysore-Bengaluru-Chennai (6) Mumbai-Goa (7) Mumbai-Ahmedabad (8) Chennai-Hyderabad (9) Nagpur-Secunderabad have been identified for raising the speeds of passenger trains to 160/200 kmph.

The person in News:

1.Abdul kalam birth anniversary observed

Current Affairs Today 16 October 2017 India celebrates the 86th birth anniversary of India’s 11th President (2002-07), Avul Pakir Jainulabdeen Abdul Kalam on 15th Oct. At the age of 83, APJ Abdul Kalam died in July 2015 after collapsing during a speech at the IIM Shillong

Nick names : ‘’The missile man of India’’, ‘’People’s president’’

Fact sheet: NASA scientists named an organism found only on the International Space Station (ISS) after the much-loved president. They named the organism, a type of bacteria, Solibacillus kalamii. Book released: A book with stunning assemblage of over 200 handcrafted postcards,

‘DREAMNATION: Uniting a Country with Handwritten Dreams’ coauthored by Saji Mathew and Jubie John was released on his birth anniversary.

2.Filmmaker Lekh Tandon passes away

Filmmaker Lekh Tandon passed away on Sunday..

Films: Mr. Tandon has directed films like Amrapali (1966) and Dulhan Wahi Jo Piya Man Bhaaye (1977).

Infrastructure:

1.Indian airports capacity should be enhanced: CAPA

India needs to invest up to $45 billion to create an additional capacity of handling 500-600 million passengers at its airports by 2030 as their capacity is likely to saturate within the next five years, a Centre for Asia Pacific Aviation (CAPA) study says.

Sports:

1.Shanghai Masters won by Roger Federer

Current Affairs Today 16 October 2017Roger Federer got one over his old rival Rafael Nadal to win the Shanghai Masters 6- 4, 6-3 on Sunday. It was a 94th title for the Swiss legend, drawing him level with the great Ivan Lendl.
Fact sheet:

Highest number of titles in open ara-Jimmy connors ( 109)

2.Tianjin open won by Sharapova

Five-time Grand Slam winner Maria Sharapova won Tianjin Open on sunday since her 15- month doping ban.