Current Affairs 12th October 2016

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Current Affairs 12th October 2016

National News:

  • Centre to invest Rs 15000 cr to increase Panipat oil refinery capacity
  • Telangana announces creation of 21 new districts
  • Uttar Pradesh to participate in BRICS Trade Fair
  • Centre to invest Rs 1k cr in PSUs for skill development
  • Amity University to open 1st US branch in 2017
  • Indian Railways to introduce train coaches with glass tops
  • Goa Tourism Development Corporation recently held its very first vintage car and bike rally, called the ‘Vintage Bike and Car festival 2016’.

International News:

  • India donates Rs 9.3 million to Mandela Foundation
  • India to supply 500 MW power to Sri Lanka via sub-sea cables

New Appointment:

  • China has appointed Basketball player Yao Ming as its ambassador to Mars, in order to promote country’s first mission to the Red Planet in 2020

Banking :

  • Indian banks’ Tier 1 capital 3rd lowest in emerging markets
  • Standard Chartered Bank forms tie-up with Uber

Business & Economy :

  • TRAI proposes Rs 130 monthly rental per set top box
  • Tata Motors’ global sales up 5.35% in September

Awards: 

  • A total of five Indian-Americans have been featured on Forbes list of the US’ 400 richest people in 2016
  • Bollywood actor Amitabh Bachchan was voted the ‘greatest star of screen’ in a millennium-celebrating poll conducted by BBC

Sports: 

  • World’s first Cybathlon Championship for Athletes with Disabilities aka Bionic Olympics