17 September 2018 Current Affairs

Click here to download 17 September 2018 Current Affairs in PDF Format

Moutaz Mousa Abdallah becomes Sudan’s new PM
Moutaz Mousa Abdallah has become the Sudan’s new Prime Minister. A 21-member cabinet was sworn in at the presidential palace in Khartoum. He is also holding the finance portfolio in a bid to revive the country’s ailing economy.

India ranks 3rd in family-owned businesses
India rank 3rd globally in terms of number of family-owned companies according to ‘Credit Suisse Family 1000 in 2018’ report. The rating agency analysed over 1,000 family-owned, publicly-listed companies, and compared their 10-year performance. India has a total of 111 companies with $839 bn total market capitalisation. India closely follows China (159 companies) and the US (121 companies).

Hyderabad gets India’s first dog park
Hyderabad is set to get country’s first exclusive dog park. The park, which is spread over in 1.3 acres, has been developed by the Greater Hyderabad Municipal Corporation at cost of Rs. 1.1 crore. The park also has dog training and exercise equipments.

Govt announces measures to check rising Current Account Deficit
The government has announced an array of steps to check the rising Current Account Deficit (CAD), and the fall in rupee. The steps include removal of withholding tax on rupee-denominated bonds known as Masala bonds issued till March 2019, relaxation for Foreign Portfolio Investment (FPI), and curbs on non-essential imports.

6 Indian airports get international awards
Six airports of the Airports Authority of India have been conferred with seven international awards. The Airports Council International (ACI) presented the Airport Service Quality (ASQ) Awards 2017 at Customer Excellence Global Summit at Halifax, Canada.

ISRO launched two U.K. satellites
ISRO launched two U.K. satellites from the first launch pad at the Satish Dhawan Space Centre, SHAR Sriharikota. The PSLV-C42 lifted off NovaSAR and S1-4, the two satellites from the United Kingdom. The two satellites were successfully launched in the desired orbit by ISRO. This was the 12th such launch of a core-alone version of the PSLV by ISRO.

RBI to buy G-Secs in open market
The Reserve Bank to purchase government securities (G-secs) worth Rs 10,000 crore on September, a move aimed at inducing liquidity in the system. The purchase of the government securities will be done through Open Market Operations (OMO).

Indian Boxers win 3 gold medals
Simranjit Kaur (64kg), Monika (48kg) and Bhagyabati Kachari (81kg) claimed gold medals as Indian boxers notched up an impressive seven podium finishes at the Ahmet Comert Tournament in Istanbul, Turkey. Simranjit, a former national medallist, defeated Turkey’s Sema Caliskan to win the Gold. Bhagyabati was declared the most scientific boxer of the tournament.


Leave a Reply

Free E-mail Job Alerts
Enter your email address:
Don't Forget To "Activate" Subscription Link Sent to Your Email