Current Affairs 12th October 2016

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