09 September 2018 Current Affairs
Current account deficit widens to 2.4% of GDP
India’s current account deficit (CAD) widened to a four-quarter-high at 2.4% of gross domestic product (GDP) in April-June period on the back of rising crude oil prices, from 1.9% of GDP in the January-March quarter of 2017-18, according to data released by the Reserve Bank of India (RBI).
SIAM Elects Rajan Wadhera As New President
The Executive Committee of the Society of Indian Automobile Manufacturers (SIAM), the apex body of the Indian automotive industry, elected Rajan Wadhera as its new President. He is also the President – Automotive Sector, Mahindra & Mahindra.
Novak Djokovic wins men’s title in US open Tennis
In the US Open Tennis, Novak Djokovic of Serbia won the Men’s singles final. He defeated Juan Martin del Potro of Argentina in straight sets. It was Djokovic’s 14th Grand Slam title and the third US Open title. With this win, he has equalled Pete Sampras’s mark of 14 Grand Slams.
China launched new marine satellite HY-1C on Long March-2C rocket
China successfully launched a new marine satellite called HY-1C aboard a Long March-2C rocket from the Taiyuan Satellite Launch Centre in north China’s Shanxi Province. To the object of better monitor its maritime waters and study the impact of climate change.
G20 Education Ministers’ and Joint Ministerial Meeting
The Minister of State for Human Resource Development, Dr. Satya Pal Singh lead a high level delegation to the G-20 Education Ministers’ Meeting as well as Joint Ministerial Meeting held at Mendoza, Argentina. It was the first ever meeting of Education Ministers in the history of G-20.
Former RBI Governor Bimal Jalan to head panel to select new CEA
The Union Government has appointed former Reserve Bank of India governor Bimal Jalan as the head of the panel that has been tasked with selecting India’s next chief economic advisor (CEA). The panel will screen the applications received and conduct interviews.
HDFC Bank is India’s most valued brand
HDFC Bank retained its top spot in the Brand India Top 50 for the fifth year in a row. The total brand value of HDCF bank grew by 21 percent to $21.7 billion in 2018. Life Insurance Corporation (LIC) comes at the second spot due to the key role played by its pension plan business, while Tata Consultancy Services ranked third on the list.
‘Sarala Puraskar’ For Poet Satrughna Pandav
Noted Odia poet Satrughna Pandav will be honoured with the prestigious ‘Sarala Puraskar’ for his poetry collection ‘Misra Dhrupad’. The ‘Sarala Puraskar’, instituted by eminent Odia industrialist late Dr Bansidhar Panda and late Ila Panda in 1979 and awarded by the Indian Metals Public Charitable Trust(IMPaCT) will be presented to Pandav.