01 October 2018 Current Affairs

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Jayant Mammen Mathew elected president of Indian Newspaper Society
Jayant Mammen Mathew was elected president of the Indian Newspaper Society (INS) for 2018-19. Jayant Mammen Mathew is the Executive Editor of Malayala Manorama. He replaces Akila Urankar.

Government sets up Competition Law Review Committee
The government has formed a Competition Law Review Committee to ensure that the legislation is in tune with the changing business environment. The Committee will be headed by Injeti Srinivas, Secretary of the Union Ministry of Corporate Affairs.

Afghan Ambassador to India Shaida Abdali resigns
Afghan Ambassador to India Shaida Abdali has resigned from the post, saying he wants to serve the people of his country who are facing challenging situation. Abdali has submitted his resignation letter when Afghan President Ashraf Ghani was on a day-long visit to India.

Govt Cuts Gross Borrowing Estimate For Current Fiscal by Rs 70,000 crore
Economic Affairs Secretary SC Garg has announced a reduction in gross borrowing estimate for the current fiscal by 70,000 crore rupees and maintained that the government will contain fiscal deficit target at 3.3%.

Kolkata gets India’s 1st comprehensive city-level flood forecasting & warning system
Kolkata Municipal Corporation (KMC) launched a Flood Forecasting and Early Warning System (FFEWS) for Kolkata City. It is also India’s first comprehensive city-level FFEWS.

Maharashtra tops list of states with maximum average AUM: AMFI
According to Association of Mutual Funds of India’s (AMFI) statistics, Maharashtra tops the chart for state with the maximum penetration and Assets Under Management (AUM). Also, as per August, average assets under management (AUM) of mutual funds rose to an all-time high of Rs 25.2 lakh crore across the country.

Urdu version of PM Modi’s book ‘Exam Warriors’ released
The Urdu version of Prime Minister Narendra Modi’s book ‘Exam Warriors’ was released in New Delhi. The book was released by Human Resource Development Minister Prakash Javadekar along with other union ministers. The launch event was organised by the India Islamic Cultural Centre.

01 October: International day of Older Persons
The International Day of Older Persons is observed on October 1 each year to recognize the contributions of older persons and to examine issues that affect their lives. The theme for the 2018 celebration is “Celebrating Older Human Rights champions.

Neymar appointed permanent captain of Brazilian Football team
Paris Sain-Germain striker Neymar has been appointed as the permanent captain of Brazil’s national team. Brazil’s head coach Tite scrapped the captaincy rotation policy of the team to give Neymar the permanent position.

Entrepreneur Chiranjiv Patel wins Business World’s ’40 Under 40′ title
Prominent entrepreneur Chiranjiv Patel has bagged the prestigious “BW 40 under 40” award in BW Business World’s second edition of 40 Under 40 awards held in Gurgaon.


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