Current Affairs Of 14 October 2020 by gkrecall

 

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Current Affairs Of 14 October 2020 by gkrecall

INTERNATIONAL AFFAIRS

World Economic Forum shifts Annual Meeting 2021 from Davos to Lucerne

World Economic Forum (WEF) has changed the venue of the Annual Meeting 2021 from Davos to Lucerne-Burgenstock, Switzerland. The meeting will be held from May 18 to 21, 2021 on the theme “The Great Reset”

Mukesh Ambani tops Forbes India Rich List 2020

Mukesh Ambani, Chairman of Reliance Industries topped the Forbes India Rich List 2020 and remains the wealthiest Indian for the 13th year in a row. Gautam Adani, Chairman of Adani Group came second, and Shiv Nadar, Chairman of HCL Technologies came third in the list.

UN-IGNME Launched 1st Report on Stillbirths; Stillbirth Rate Declined by 35% Since 2000

For the first time a report on stillbirths titled “A Neglected Tragedy: The Global Burden of Stillbirths” has been  released by UN Inter-Agency Group for Child Mortality Estimation (UN-IGME) which was co-created by United Nations Children’s Fund (UNICEF), World Health Organisation (WHO), World Bank and the United Nations (UN) Department of Economic and Social Affairs, Population Division. 

About World Health Organization (WHO):
Director General– Tedros Adhanom Ghebreyesus
Headquarter– Geneva, Switzerland

India, Japan & Five Eyes Alliance demand access to end-to-end encrypted chats from tech companies

Members of the Five Eyes Intelligence Alliance(United States of America, United Kingdom, Canada, Australia, and New Zealand.)  Along with India, Japan has asked Big Tech Companies to find a solution for Law Enforcement Agencies to access end-to-end encrypted chats. 

India’s NMF & Taiwan’s TAEF inked MoU to Foster Cooperation in Indo-Pacific Region

India’s National Maritime Foundation (NMF) signed a Memorandum of Understanding (MoU) with Taiwan-Asia Exchange Foundation (TAEF), a leading think tank from Taiwan to foster cooperation in the Indo-Pacific region as part of Taiwan’s South bound policy.

NATIONAL AFFAIRS

Kerala Govt Sets Up ‘Kerala Karshaka Kshemanidhi Board’, 1st of its Kind Welfare Board for Upliftment of Farmers

Kerala Government has formed ‘Kerala Karshaka Kshemanidhi Board’ (Kerala Farmers Welfare Fund Board) – a Board for upliftment of Farmersin the State.  It is the first time in India that a Welfare Fund Board has been formed for upliftment of farmers. 

Nirmala Sitharaman Announced Rs 73,000 cr Stimulus to Boost Consumer Spending amid COVID-19 slowdown

Union Minister for Finance & Corporate Affairs Nirmala Sitharaman announced measures of Rs 73,000 crore to stimulate consumer spending before the end of this Financial Year (FY21) to fight the COVID-19 lockdown induced slowdown, during a press conference in New Delhi. 

TRIFED, IIT Kanpur and Chhattisgarh MFP Federation E-Launch “Tech for Tribals” Initiative

Tribal Cooperative Marketing Development Federation of India (TRIFED), Indian Institute of Technology (IIT) Kanpur & Chhattisgarh MFP (Minor Forest Produce) Federation virtually launched “Tech for Tribals” Initiative. The initiative aims for holistic development of Tribals with focus on Entrepreneurship development, soft skills, Information Technology (IT) and Business Development. 

BANKING & FINANCE

HDFC Bank and Apollo Hospitals Partners to Launch the HealthyLifeProgramme, a 1st of its kind Initiative of India

HDFC Bank and Apollo Hospitals partnered to launch The HealthyLifeProgramme, a holistic healthcare solution which makes healthy living accessible and affordable on Apollo’s digital platform, Apollo 24|7.

Nilesh Shah, MD of Kotak AMC is Re-Elected as the Chairman of AMFI

Nilesh Shah, the Managing Director(MD) of Kotak Mutual Fund was re-elected as the Chairman of the Association of Mutual Funds in India (AMFI).

Exim Bank Extends 400 Million USD LoC to Maldives for Greater Malé Connectivity Project

The Export-Import(Exim)Bank of India has extended a 400 million USD (around Rs.2933 crore) line of credit(LoC) to the Republic of Maldives for the Greater Malé connectivity project. 

About Export-Import(Exim) Bank of India:
Managing Director– David Rasquinha
Headquarters– Mumbai, Maharashtra
About Maldives:
Capital– Malé
Currency– Maldivian Rufiyaa

Axis bank Launches ACE Credit Card in Collaboration with Google pay & Visa

Axis Bank Limited in collaboration with Google Pay and Visa launched its ACE Credit Card in India. 

About Axis Bank Limited:
HeadQuarters– Mumbai, Maharashtra
Managing Director(MD) and Chief Executive Officer(CEO) – Amitabh Chaudhry

ECONOMY & BUSINESS

Microsoft, AICTE Collaborate to Skill Students, Educators in Next-Generation Technology

Microsoft has partnered with All India Council for Technical Education (AICTE) to empowerstudents, educators in Next-Generation Technology such as Artificial Intelligence (AI), Internet of Things (IoT), Data Science and Cloud Computing. 

About Microsoft:
Chief Executive Officer (CEO) – Satya Nadella
Headquarters – Redmond, Washington (United States of America)

Mastercard Partners with Signzy for Global Rollout of Video KYC

In order to rollout Signzy’s video-based KYC (Know Your Customer) solution to its banking customers globally, Mastercard has entered into partnership with Signzy, a leading RegTech startup. 

About Mastercard:
Headquarters – New York, United States
President and CEO Elect – Michael Miebach

BBNL and TCIL Selects Hughes India to provide High-Speed Satellite Connectivity to 5,000 Remote Gram Panchayats

Hughes Communications India Private Limited (Hughes India), a subsidiary of Hughes Network Systems, LLC (HUGHES) has been selected by Bharat Broadband Nigam Limited (BBNL) and Telecommunications Consultants India Ltd.(TCIL).

OBITUARY

Charlie Moore, 400m Hurdles Olympic Champion passed away at 91

Vinod Singh, Minister of Bihar Passed Away

C. M. Chang, Nagaland Minister and Former Lok Sabha MP Passed Away 

BOOKS & AUTHORS

PM Modi Released the Autobiography of Balasaheb Vikhe Patil, Former Union Minister & Renamed Pravara Rural Education Society after Balasaheb Vikhe Patil

Prime Minister Narendra Modi, released “Deh Vechwa Karani” (dedicating one’s life for a noble cause) the autobiography of former Union Minister, Eknathrao Vithalrao alias Balasaheb Vikhe Patil and renamed the Pravara Rural Education Society as Loknete Dr.Balasaheb Vikhe Patil Pravara Rural Education Society over a virtual platform.

IMPORTANT DAYS

International Day for Disaster Risk Reduction 2020 – October 13

The theme of International Day for Disaster Risk Reduction 2020 is “it’s all about governance”