Current Affairs Current Affairs October 2019

  Researchers from the Indian Institute of Information Technology Hyderabad (IIIT-H), Telangana have created the first-ever ‘Indian brain atlas’(IBA). The Indian brain atlas was constructed in collaboration with the Department of Imaging Sciences and Interventional Radiology, Sree Chitra Tirunal Institute for Medical Sciences and Technology, Thiruvananthapuram, Kerala. The study has revealed that the Indian brain, on an average, is smaller in height, width and volume when compared to Western and other Eastern populations. This will help in early diagnosis of Alzheimer’s and other brain-related ailments.
Source: The Hindu

  The Best-Performing CEOs in the World, 2019′ list compiled by the Harvard Business Review (HBR) features 100 CEOs. The list has been topped by American technology company NVIDIA’s CEO Jensen Huang. Among the top 10 chief executives on the list, 3 spots have been occupied by the Indian-origin CEOs. Adobe CEO Shantanu Narayen was ranked 6th, followed by MasterCard CEO Ajay Banga was ranked 7th and Microsoft chief Satya Nadella on the 9th spot. The list also features India-born CEO of DBS Bank Piyush Gupta on the 89th spot. Apple CEO Tim Cook was ranked 62nd in the list. The 2019 list has 4 female CEOs in the top 50 of the rankings. The HBR took into account three metrics for each CEO’s tenure: the total shareholder return (including dividends reinvested) adjusted by country and by industry and change in market capitalisation (adjusted for dividends, share issues, and share repurchases), measured in inflation-adjusted USD.
Source: The Business Standard

  Facebook has unveiled a ‘Preventive Health’ tool that connects people to health resources and sends check-up reminders. Facebook has launched the tool in the United States. The tool is designed to help users of the social networking giant to find affordable places to receive care, set reminders to schedule tests and mark when tests are completed. The recommendations to the users will be provided on the basis on their age and sex. The resources available in the tool are provided by the American Cancer Society, the American College of Cardiology, the American Heart Association and the Centres for Disease Control and Prevention.
Source: The Hindu

  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.
Source: The Guardian

  The Union Minister for Finance & Corporate Affairs Nirmala Sitharaman has released a special commemorative coin on Paramahansa Yogananda. The coin has been released to mark Paramahansa Yogananda’s 125th birth anniversary. Paramahansa Yogananda is known as the Father of Yoga in the West. He was the founder of two organisations: Yogoda Satsanga Society of India and Self-Realisation Fellowship, belongs to the line of gurus whose message is universal transcending nations and religions.
Source: The Press Information Bureau

  The Central Board of Secondary Education and National Council for Educational Research and Training have launched an online aptitude test called ‘Tamanna’. Tamanna stands for “Try And Measure Aptitude And Natural Abilities“. Tamanna is an aptitude test that aims to help students of Class 9 and 10 to make a better choice of subjects, eventually helping them in making an informed decision while choosing subjects in Class 11 and 12. Tamanna provides information about strengths of students and there is no pass or fail in this test.
Source: The Business Standard

  World Bank has released Ease of Doing business Rankings which includes 190 countries. As per the rankings, India has jumped 14 places and has been ranked at 63rd among 190 countries. New Zealand and Somalia retained their 1st and 190th spot respectively. The indicator measures the performance of countries across 10 different dimensions in the 12-month period ending May 1, 2019. From 2020, the World Bank has expanded its ease of doing business survey to 2 more cities: Bengaluru and Kolkata in addition to Delhi and Mumbai that are currently surveyed. The World Bank has decided to have four cities from every country with a population above 100 million.
Key findings of the Report:
  • India has become one of the top 10 most improved countries for the third consecutive time.
  • The country’s score improved from 67.3 (in 2018) to 71.0 (in 2019), as per The Doing Business 2020 study.
  • India saw the biggest jump in ranking in the “resolving insolvency” category from 108th to 52nd on the back of the government implementing the Insolvency and Bankruptcy Code.
  • India’s ranking improved substantially in “dealing with construction permits” (from 52nd to 27th) and “trading across borders” (from 80th to 68th).
  • India’s ranking improved in “registering property” from 166th to 154th despite a drop in score.
Source: The Hindu

  Vreedhi Financial Services (VFS) has secured a non-banking finance company licence from the Reserve Bank of India. It’s objective is to provide credit and other services to micro-enterprises operating in tier two-three cities and small towns. The company will create a digital lending model by the next financial year. It will address the gap between the addressable and viable credit in the micro-enterprises space which is $123 billion as per the study conducted by the International Finance Corporation (IFC).
Source: The Economic Times

  Indian Railways has launched ‘one touch ATVM’ at 42 suburban stations of Central Railway over Mumbai Suburban Network. The machine has been launched to render fast ticketing to millions of commuters. This new machine will reduce the waiting time of the passengers and allow passenger to avoid standing in long queues. The new machine is loaded with the user friendly procedure which will greatly ease the load on ticketing system of Mumbai Suburban Network. A total of 92 ATVMs has been installed at 42 suburban stations.
Source: The Press Information Bureau

  J&K’s Chenani-Nashri Tunnel, a 9 km-long tunnel that reduces the distance between Jammu and Srinagar by 31 km has been renamed as Shyama Prasad Mukherjee Tunnel. The ‘Chenani-Nashri Highway Tunnel’ is not only India’s longest highway tunnel but also Asia’s longest bi-directional highway tunnel. The renaming of the tunnel aims to preserve Mukherjee’s heritage and memory as well as a tribute for his sacrifice for the nation.
Source: The DD News


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