Current Affairs 30 October, 2019


Current Affairs 30 October, 2019:

1. World Thrift Day celebrated every year 30 October

  • World Thrift Day is celebrated every year on 30 October. The day aims to promote the savings and financial security of individuals and nations as a whole. The aim of the day is to change the behavior of people towards saving and constantly remind the importance of wealth.
  • Saving wealth helps to start a business, get a good education, and avail good healthcare treatment. The saving habit in people will give independence to both people as well as the Country.
  • In 1924, the first International Thrift Congress was held in Milan, Italy. The congress declared 31 October as the World Thrift day.  The first World Thrift Day was celebrated in 1925.

2. Bangladesh captain Shakib Al Hasan cops two-year ban for corruption breaches

  • World’s No.1 ODI all-rounder Shakib Al Hasan has been suspended by the International Cricket Council after failing to report “corrupt approaches” in 2018.
  • The 32-year-old was handed a two-year ban from cricket, with one year suspended, after he failed to inform authorities about being approached by a bookmaker on multiple occasions in 2018.
  • After attempting to organise a meeting with Al Hasan in late 2017, Aggarwal began asking for information starting when Bangladesh hosted an ODI tri-series with Sri Lanka and Zimbabwe in January, 2018. “Bro anything in this series?” read one text, the ICC said.

About ICC
1.Headquarters: Dubai, United Arab Emirates
2.Chairperson: Shashank Manohar
3.CEO: Manu Sawhney

3. Tamil Nadu becomes first State to enact law on contract farming

  • Tamil Nadu has become the first State in the country to enact a law on contract farming with President Ram Nath Kovind giving assent to the Agricultural Produce and Livestock Contract Farming and Services (Promotion and Facilitation) Act.
  • Stating this in an official release, the State government said the law would safeguard interests of farmers during times of bumper harvest or fluctuating market prices.
  • The farmers would be paid at a pre-determined price, which had been arrived at the time of signing agreements with buyers.

About Tamil Nadu
2.Chief minister: Edappadi K. Palaniswami

4. Best Performing CEOs in the World 2019: Satya Nadella, Shantanu Narayen, Ajay Banga are among Top 10.

  • Adobe's Shantanu Narayen, Mastercard's Ajay Banga and Microsoft's Satya Nadella are among the top 10 best-performing chief executives in the world, according to a Harvard Business Review (HBR) list.
  • NVIDIA CEO Jensen Huang tops the 2019 edition of the list.
  • The CEO’s are now ranked not only on financial performance but also on environmental, social and governance (ESG) ratings.

5. Devendra Fadnavis elected Maharashtra BJP legislature party leader

  • Maharashtra Chief Minister Devendra Fadnavis was re-elected leader of the state BJP legislature party.
  • All the 105 newly-elected BJP MLAs were present at the meeting, where Union minister Narendra Singh Tomar and party vice president Avinash Rai Khanna were present as central observers.
  • Fadnavis pointed out that since 1995, no party in the state had won more than 75 seats in polls to the 288-member Assembly, till the BJP bagged 122 seats in 2014. In the recently-concluded polls, the saffron party won 105 seats.

About Maharashtra
Chief Minister: Devendra Fadnavis
Governor: Bhagat Singh Koshyari
Capital: Mumbai

6. Mukesh Ambani's RIL surpasses BP Plc to become sixth largest global energy firm by market cap.

  • Mukesh Ambani led-Reliance Industries Ltd (RIL) has become the world’s sixth-largest energy entity with high market capitalization. RIL overtook British oil major BP Plc in terms of market capitalization to become the world’s sixth-largest energy entity.  
  • RIL hit a market cap (m-cap) of $130.76 billion on 30 October compared with BP Plc’s $128 billion. The shares of RIL traded at Rs.1,466 on the BSE. It has gained over 31% so far in 2019.
  • Saudi Aramco, the world’s largest energy entity, that pumps about 10% of the world's crude. It has emerged as the most profitable company in 2018.

7. Argentine diplomat Rafael Grossi appointed chief of UN nuclear watchdog

  • Argentine diplomat Rafael Grossi was appointed to succeed late Yukiya Amano as the new director-general of the International Atomic Energy Agency (IAEA), a United Nations' nuclear watchdog.
  • He will be appointed for a term of four years and assume office no later than January 1, 2020. The 58-year-old will be the sixth head of the IAEA since it was founded more than six decades ago.
  • Grossi is a nuclear and diplomatic veteran from Buenos Aires in Argentina.

8. India, Saudi Arabia form highest-level strategic partnership council

  • India and Saudi Arabia firmed their strategic partnership by signing an agreement to form a council headed by Prime Minister Modi and King Salman.
  • This is a major development since Saudi Arabia is now only the fourth country with whom India has an inter-governmental mechanism headed by the prime minister. Germany, Russia and Japan are the other three.

About Saudi Arabia
1.King: Salman of Saudi Arabia
2.Capital: Riyadh
3.Currency: Saudi riyal

9. Nirmal Purja shatters record for scaling world's highest peaks by completing feat in 189 days

  • The mountaineer from Nepal, Nirmal Purja, created a new speed record by climbing the world’s 14 highest peaks over 8,000 metres (26,250 feet) in just 189 days.
  • The 14th peak which he climbed was Shishapangma, located at Nyalam County, China. The other 13 peaks are Annapurna, Dhaulagiri, Kanchenjunga, Everest, Lhotse, Makalu, Nanga Parbat, Gasherbrum I, Gasherbrum II, K2, Broad Peak, Cho Oyu and Manaslu.

10. Justice N Venkatachala passed away

  • Former judge of the Supreme Court (SC), Justice N Venkatachala, has passed away at the age of 89. Venkatachala was born in July 1930. Justice Nanje Gowda Venkatachala obtained his law degree from Mysore University. In November 1955, he enrolled as an advocate in the then High Court of Mysore (now Karnataka). He practiced civil, criminal and constitutional matters in Bangalore.
  • From 1963 to 1973, he served as a Legal Adviser to the University of Agricultural Sciences, Hebbal, Bangalore. From 1968 to 1973, he worked as a Government Pleader. From 1973 to 1977, he served as a High Court Government Advocate.
  • In November 1977, he was appointed an Additional Judge of the Karnataka High Court and as a Permanent Judge in September 1978.

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