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Current Affairs 4 October 2019

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Current Affairs 4 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 4 October 2019 includes News summary on current events of International, National, Education, Banking, Sports, Awards, Appointments and Obituary importance of 4 October 2019.

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Trump urges China to Investigate Bidens

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Key Highlights
  • US President Donald Trump, already facing an impeachment inquiry after urging Ukraine to investigate his political rival Joe Biden, has now urged China to do likewise.

  • He said both China and Ukraine should look into Mr. Biden, a Democratic presidential frontrunner, and his son.

  • "China should start an investigation into the Bidens," said Mr. Trump.

  • The Democrats accuse Mr. Trump of dangling military aid as a way to press Ukraine to dig dirt on Mr. Biden.
Israel's Parliament To Be Sworn In Without New Government

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Key Highlights
  • Israel's parliament will be sworn in Thursday without a new government formed as a deadlocked general election leaves Prime Minister Benjamin Netanyahu scrambling to find a path to extend his long tenure in power.

  • Members of parliament elected in September 17 polls will take their oaths of office at 4 pm (1300 GMT) in a ceremony that will to a large degree be hollow due to deadlocked coalition talks.

  • The stalemate has even raised the risk that the new parliament's term will be extremely short since it could cause yet another election.
Banksy's UK Parliament Painting Sells For $12.1 Million At Auction

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Key Highlights
  • A Banksy painting depicting the British parliament populated by chimpanzees smashed the record for the mysterious British street artist on Thursday, fetching nearly 9.9 million pounds, Sotheby's auction house said.

  • The 2009 work entitled "Devolved Parliament" sold for 9,879,500 pounds ($12.1 million, 11.1 million euros) following a 13-minute battle between 10 different bidders.

  • "Record price for a Banksy painting set at the auction tonight. Shame I didn't still own it," the artist said on his Instagram account.
Russia Helping China Build Missile Attack Warning System

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Key Highlights
  • Russia is helping China to build a missile attack warning system, something which only Russia itself and the United States possess at the moment, Russian President Vladimir Putin said.

  • "This is a serious thing that will drastically increase the defence capabilities of the People's Republic of China," he told an international politics conference in the Russian resort town of Sochi.
Saudi Arabia Restores Full Oil Output After Attacks

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Key Highlights
  • Saudi Arabia has fully restored oil output after attacks on its facilities last month and is now focused on the listing of state oil giant Saudi Aramco, its energy minister Prince Abdulaziz bin Salman said.

  • The kingdom's crude oil production capacity is now 11.3 million barrels per day, he said, adding that the attacks, which halved the crude output of the world's top exporter, were an attempt to ruin Saudi Arabia's reputation as "a reliable, secure and dependable oil supplier".

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Defence Minister Rajnath Singh to fly Rafale sortie on October 8 in Paris

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Key Highlights
  • Defence Minister Rajnath Singh is scheduled to travel to Paris on October 7 on a three-day visit, primarily to receive the first of 36 Rafale fighter jets.

  • Defence Minister Rajnath Singh will fly a sortie in a Rafale fighter jet on October 8 from a French airbase in Paris to gain first-hand experience of the aircraft, official sources said on October 3.
IRCTC IPO subscribed record 112 times

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Key Highlights
  • Issue witnesses strong demand from all categories of investors; offering part of govt. divestment plan.

  • The initial public offer (IPO) of Indian Railway Catering and Tourism Corporation (IRCTC), which closed for subscription, has created a record in terms of the highest-ever subscription for a public issue of a government-owned company.
Deepali Sayed To Contest On Shiv Sena Ticket

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Key Highlights
  • Marathi actress Deepali Sayed joined Shiv Sena in the presence of party chief Uddhav Thackeray and his son Aaditya Thackeray.

  • Talking to media, Ms. Sayed said that she will contest from Mumbra-Kalwa Assembly constituency in the forthcoming Maharashtra Assembly elections.

  • Assembly elections will be held in Maharashtra on October 21, while counting of votes will take place on October 24.
Telangana Chief Minister K Chandrashekar Rao To Meet PM Modi In Delhi

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Key Highlights
  • Telangana Chief Minister K Chandrashekar Rao left for Delhi, where he is scheduled to meet Prime Minister Narendra Modi on October 4.

  • "The Chief Minister left for Delhi. He will be meeting the Prime Minister on October 4 at 11 am, "sources said.

  • Though the agenda of the meeting is not yet officially disclosed, sources said Mr. Rao may press for the early release of pending funds.
Gandhi Surname Doesn't Make You His follower, Minister's Jibe At Congress

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Key Highlights
  • Just having Gandhi surname does not make one a follower of Mahatama Gandhi, said Union Minister of State for Home Affairs G Kishan Reddy in Hyderabad, in a scathing attack on Congress president Sonia Gandhi.

  • "Having Gandhi as a surname doesn't make you know everything about Gandhiji and his ideologies. What does Sonia Gandhi know about Gandhiji when she herself came from Italy," Mr. Reddy said.

shape Education

Delhi Cabinet Approves Sports University Bill

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Key Highlights
  • Delhi Cabinet, today, approved the Delhi Sports University Bill. The Delhi Sports University will be set up in Mundka.

  • The Delhi Chief Minister Arvind Kejriwal, and Deputy Chief Minister Manish Sisodia, both tweeted about the approval of the Bill.

  • As per the information tweeted by Mr. Manish Sisodia, the new Sports University will be set up on a 90 acre land in Mundka village in Delhi. The University's Vice-Chancellor will also be some Sportsperson.
NMAT By GMAC 2019 Application Without Late Fee Closes

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Key Highlights
  • NMAT by GMAC 2019 registration will end today. The NMAT by GMAC is a computer-based exam and has three sections - Language Skills, Quantitative Skills and Logical Reasoning.

  • The 75-day test window which opens in the first week of October and extends through the third week of December, allows the candidates to choose the date, time and location of the exam as per the candidates' convenience.
Application With Late Fee Closes In Two Days

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Key Highlights
  • GATE 2020 application with late fee will close in two days. The last date to register and apply for Graduate Aptitude Test in Engineering (GATE) 2020 is October 5, 2019.

  • IIT Delhi, which is overseeing the GATE 2020 exam, closed the application process with normal fee on September 28 and is now taking application from candidates who missed the deadline. The application deadline will not be extended after October 5, 2019.

shape Banking

YES Bank floats biz app to get MSME groupings to connect

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Key Highlights
  • After on-boarding MSMEs across verticals through YES Scale, YES Bank has started to look at connecting with MSME associations with the launch of YES Scale Bizconnect.

  • YES Bank’s Senior Group President and Head (Branch and Retail Banking) Rajan Pental told BusinessLine that Bizconnect is an industry-first initiative.
Reserve Bank’s communication key to market recovery

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Key Highlights
  • With a cut in interest rates a matter of how much not if, traders say the nascent recovery in the country’s bond market will gather pace only if the central bank gives a clear indication of further easing when it meets.

  • “They need to keep the market anticipating for more to come for investors to remain interested in buying bonds,” said Arvind Chari, head of fixed income & alternatives at Quantum Advisors in Mumbai.
Swiss banks benefit as rich Britons line up escape route

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Key Highlights
  • Swiss private banks have seen a sharp rise in British clients who are moving assets offshore to escape a chaotic Brexit, several sources familiar with the situation told Reuters.

  • “In recent months the number of accounts opened from Britain has trebled,” one person at the wealth management arm of a large international bank in Switzerland said.

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Spinners Dominate As India Beat South Africa By Five Wickets To Clinch T20I Series

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Key Highlights
  • Indian women's team produced another authoritative performance to comfortably defeat South Africa by five wickets in the fifth T20 International, taking an unassailable 3-0 lead in the six-match series.

  • With two games being completely washed out, the series was extended from five to six matches and India needed to win on the day to seal the series.

  • Off-spinner Deepti Sharma (2 for 19) and left-arm spinnner Radha Yadav (3/23 in 4 overs) bowled brilliantly to restrict the Proteas women to 98 for 8.

shape Awards

Kyrgyz Lawyer AzizbekAshurov wins 2019 UNHCR Nansen Refugee Award

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Key Highlights
  • Kyrgyzstan AzizbekAshurov was awarded the 2019 UN High Commissioner for Refugees (UNHCR) prestigious Nansen Award.

  • He was awarded for ending status of stateless people through his organisationFerghana Valley Lawyers Without Borders (FVLWB) in Kyrgyzstan which thus became the world’s first country to end statelessness.

shape Appointments

Tata communications named Amur S Lakshminarayanan as its MD & CEO

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Key Highlights
  • Indian telecommunications company, Tata Communications has named Amur Swaminathan Lakshminarayanan as Managing Director (MD) and Group Chief Executive Officer (CEO).He succeeds Vinod Kumar, who has resigned from the company on July 8th, 2019.

  • Prior to this appointment, Lakshminarayanan was President and CEO of Tata Consultancy Services (TCS) Japan, Ltd.

  • He also worked in the company as Global Head of Telecom, Media and Information Services, HiTech and Utilities, and Head of TCS UK (United Kingdom) and Europe.
Roger Binny elected president of Karnataka State Cricket Association

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Key Highlights
  • Former India cricketer Roger Binny and his team swept the Karnataka State Cricket Association election held in Bengaluru.

  • It was outgoing KSCA supremo Brijesh Patel, whose panel swept the polls and he thus retains control of the association.
Mallikarjuna Rao takes charge asPunjab National Bank MD & CEO

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Key Highlights
  • SS Mallikarjuna Rao assumed charge as the Managing Director and Chief Executive Officer of Punjab National Bank, the country’s second-largest public sector bank.

  • Rao, who was the Managing Director & Chief Executive Officer of Allahabad Bank, will be at the helm of PNB till September 18, 2021, or until further orders, according to an order issued by the Finance Ministry.

  • He had been the chief executive of Allahabad Bank since September 2018.

shape Obituary

Padma Shri awardee Dr. Hargovind Laxmishanker Trivedi Passed Away

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Key Highlights
  • Padma Shri awardee DrHargovindLaxmishanker Trivedi passed away at the age of 87 due to age-related illness.

  • He was awarded Padma Shri, the fourth highest civilian award, in 2015 for his contribution as a nephrologist to the society.

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