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Current Affairs 20 October 2019

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Current Affairs 20 October 2019

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Current Affairs is a type of broadcast journalism where the emphasis is on detailed analysis and discussion of news stories that have recently occurred or ongoing at the time of broadcast. The article Current Affairs 20 October 2019 includes News summary on current events of International, National, Education, Banking, Sports and Appointment importance of 20 October 2019.

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PM sends letter to Brussels seeking further delay

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Key Highlights
  • Boris Johnson has sent a request to the EU for a delay to Brexit - but without his signature.

  • The request was accompanied by a second letter, signed by Mr. Johnson, which says he believes that a delay would be a mistake.

  • The PM was required by law to ask the EU for an extension to the 31 October deadline after losing a Commons vote.

  • EU Council President Donald Tusk tweeted that he had received the extension request.
After Corruption Allegations, Trump Says G7 Summit Won't Be At His Resort

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Key Highlights
  • US President Donald Trump said on Saturday the next G7 summit will not be at one of his own Florida golf clubs, reversing a decision that had sparked corruption accusations.

  • Acting White House Chief of Staff Mick Mulvaney had announced the venue for the summit, causing a firestorm among Trump's Democratic opponents in Congress, who called the move "among the most brazen examples yet of the president's corruption."

  • "Based on both Media & Democrat Crazed and Irrational Hostility, we will no longer consider Trump National Doral, Miami, as the Host Site for the G-7 in 2020.
Boeing Wants It To Fly, But Travellers Fear 737 MAX After Crashes

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Key Highlights
  • On September 12, Boeing started putting out 30-second videos in which employees tout its planes' safety, hoping to reassure travelers about the 737 MAX that's been grounded worldwide since two crashes that killed 346 people.

  • "Safety is at the core of our business. We have put hundreds of engineers to work to ensure that this airplane is 100 percent ready," says Jennifer Henderson, a chief test pilot for the 737, in one of the clips.

  • "When the 737 MAX returns to service I will absolutely put my family on this airplane," she stressed.
Turkey, Kurds trade accusations over shaky Syria truce

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Key Highlights
  • Turkey’s President Recep Tayyip Erdogan fired off a fresh warning Saturday to “crush” Kurdish forces as both sides traded accusations of violating a US-brokered truce deal in northeastern Syria.

  • The deal announced late is intended to halt a Turkish-led offensive against Kurdish forces launched on October 9, on condition they pull out of a “safe zone” on the Syrian side of the border.

  • The offensive has killed dozens of civilians, mainly on the Kurdish side, and prompted hundreds of thousands to flee their homes in the latest humanitarian crisis of Syria’s eight-year civil war.

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India To Invest $1.4 Trillion In Infrastructure, Says Nirmala Sitharaman

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Key Highlights
  • As part of its goal to become a $5 trillion economy by 2024, India plans to spend $1.4 trillion on its infrastructure in the next five years, Union Finance Minister Nirmala Sitharaman said.

  • Addressing the annual meeting of the International Monetary Fund in Washington, Ms. Sitharaman said a task force has been constituted in the finance ministry that will draw up a national infrastructure pipeline for the next five years.

  • "As we envisage becoming a five trillion-dollar economy by 2024-25, our focus on creating world-class infrastructure has become even more resolute. If we spent $1.1 trillion on infrastructure in the last 10 years (2008-17), we now are going to invest about USD 1.4 trillion in the next five years," she said.
Delhi CM Arvind Kejriwal inaugurates 100 new mohalla clinics

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Key Highlights
  • Delhi Chief Minister Arvind Kejriwal inaugurated 100 newly-constructed mohalla clinics. With this, the total number of mohalla clinics now stands at 302.

  • Speaking during the inauguration, Kejriwal said that next month, 100 more mohalla clinics will come up and the AAP government plans to set up such health facility on every kilometre in the city.
Goa Signs 17 Agreements At Vibrant Goa Global Expo 2019

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Key Highlights
  • Goa Chief Minister Pramod Sawant announced the signing of 17 MoUs promoting and facilitating various business ventures in Goa.

  • According to an official release, during the Vibrant Goa Global Expo 2019, Mr. Sawant also expressed the state government's keenness to promote new business avenues in order to boost the economy on sustainable mode.

  • Union Minister for Commerce and Industry Piyush Goyal, who was also present at the event, lauded the role of the business summit for attracting people around the world to do business in Goa.
Lack Of Support For IMF Quota Increase Disappointing

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Key Highlights
  • India expressed its disappointment over the lack of support to increase the quota structure of the International Monetary Fund (IMF).

  • IMF quotas, which are the primary source of IMF funds, determine voting shares. Quotas are supposed to be reviewed every five years although these reviews can be delayed.

  • India views "the lack of adequate support for a quota increase under the 15th GRQ (General Review of Quotas) as somewhat disappointing", Union Finance Minister Nirmala Sitharaman said in her address to the annual meeting of the IMF. "We, however, consider this as a temporary setback.
In A First, Tejas Express To Compensate Passengers For Delay

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Key Highlights
  • Passengers who travelled on the newly launched Tejas Express will be paid a compensation of Rs. 250 each as the train was delayed for about two hours in both the directions.

  • There were about 451 passengers, who boarded the train from Lucknow, and another about 500 who took the train from New Delhi.

  • Chief Regional Manager (CRM), IRCTC, Lucknow, Ashwini Srivastava, said, "We have sent a link to all the passengers on their mobile phone clicking on which they can claim compensation. Those who do so will get them paid."

shape Education

CBSE Extends Last Date To Apply For Single Girl Child Merit Scholarship

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Key Highlights
  • Central Board of Secondary Education (CBSE) has extended the last date to apply for Single Girl Child (SGC) Merit Scholarship. Earlier, the last date to apply online for the scholarship was October 18, but now eligible students can apply for the scholarship till October 31.

  • According to the latest circular issued by CBSE, the last date to apply for the CBSE Merit Scholarship Scheme for Single Girl Child for + 2 studies - 2019 is October 31. The last date for renewal of online applications
Delhi University Sets Up Task Force To Look Into On-Campus Issues

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Key Highlights
  • The Delhi University (DU) has set up a 20-member task force in order to curb incidents of snatching and check water-logging, encroachment and illegal parking on campus.

  • The task force comprises college principals, former and current members of the academic council and professors from various departments of the university.

shape Banking

SBI May Post Impressive Earnings On Steady Performance

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Key Highlights
  • The State Bank of India's (SBI) earnings are set to revive amid uncertain macros on the back of steady operating performance at pre-provisioning operating level, recoveries from large National Company Law Tribunal (NCLT) resolutions and normalisation in credit cost, according to a broking firm.

  • The SBI posted Rs. 2,312 crore profit in the first quarter of FY20 as provisionings declined 11 percent year-on-year.
HDFC Bank's Q2 net profit rises 26.8% to ₹6,345 crore

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Key Highlights
  • HDFC Bank reported a 26.8% rise in its net profit to ₹6,345 crore in the quarter ended September from ₹5,006 crore in the year-ago period.

  • However, the private lender's provisions and contingencies increased 48% year-on-year to ₹2,700 crore in the quarter, of which ₹2,038 crore were loan loss provisions. The bank's quarterly income rose 19.6% to ₹33,755 crore.

shape Sports

New Zealand, England Set Up Blockbuster Semi-Final

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Key Highlights
  • The All Blacks overwhelmed Ireland 46-14 and England thumped their old enemy Australia to set up a blockbuster semi-final at the Rugby World Cup.

  • Aaron Smith scored the first two of seven tries by the All Blacks, who kept Ireland scoreless for 70 minutes in a one-sided victory at Tokyo Stadium.

  • Earlier England beat Australia 40-16, equalling their record margin of victory over their fierce rivals, following Jonny May's quickfire try double in the first half.

  • It sets up a mouth-watering showdown next Saturday in Yokohama, where top-ranked New Zealand will put their 18-match World Cup winning streak on the line against Eddie Jones's formidable England.
Umesh Yadav sets Test batting world record by scoring 31 runs off 10 balls

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Key Highlights
  • India pacer Umesh Yadav smashed 31(10), including five sixes, on second day of the third Test against South Africa.

  • With this, he set the world record for recording the highest strike rate (310) in a 10-plus ball innings in Test history. He also became the first cricketer to slam five sixes in an innings without smashing a four.
Rohit Sharma Continues To Make Merry, India In Command

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Key Highlights
  • Rohit Sharma and Ajinkya Rahane put on a massive 267-run partnership to extend India's control on the match before the latter departed for 115.

  • Rohit Sharma posted his highest score in Test cricket as he continued to dominate the South African bowling, which has largely looked hapless and lacking in ideas.

shape Appointments

SBI chairman Rajnish Kumar elected as chairman of Indian Banks Association

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Key Highlights
  • The chairman of State Bank of India(SBI) Shri Rajnish Kumar was appointed as the new chairman of Indian Banks’ Association(IBA).

  • He succeeds Sunil Mehta, the former Managing Director(MD) & Chief Executive Officer(CEO) of Punjab National Bank(PNB).
Anup Kumar Singh appointed as the new Director-General of National Security Guard

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Key Highlights
  • The Department of Personnel and Training (DoPT) under the Ministry of Home Affairs (MHA) of the Government of India notified that Ahmedabad city Police Commissioner Anup Kumar Singh, aged 59, was appointed as the Director General (DG) of the National Security Guard (NSG) succeeding Sudeep Lakhtakia. He is the 1985-batch Indian Police Service (IPS) officer of Gujarat cadre. The appointment was approved by the Appointments Committee of the Cabinet (ACC).
Indonesia's Joko Widodo sworn in for second term as President

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Key Highlights
  • Indonesian President Joko Widodo was sworn in for a second five-year term. In his second and final term, he has pledged to attract more investment into Southeast Asia's biggest economy and focus on improving the country's human resources.

  • Widodo, a former furniture salesman, is the first President to come from outside Indonesia's traditional elite.

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