Daily Update On Current Affairs – October 24, 2017

Here’s your daily summary of Current Affairs.
IPPB Appoints Suresh Sethi as its MD & CEO  
India Post Payments Bank (IPPB) has appointed Mr. Suresh Sethi as its Managing Director & Chief Executive Officer.  Mr. Sethi was the former MD of Vodafone M-Pesa Ltd. Mr. Sethi takes over from Mr. A.P. Singh who had been the interim MD & CEO of IPPB since January 2017. IPPB is headquartered in New Delhi.
Rakesh Asthana Appointed Special Director of CBI  
Gujarat-cadre IPS Officer Rakesh Asthana was appointed as the special director of the Central Bureau of Investigation (CBI). Asthana, a 1984-batch IPS officer, had been serving in the Central Bureau of Investigation as additional director. He is among eight senior police officers promoted by the Appointments Committee of the Cabinet. Alok Kumar Verma is the present Director of CBI.
First Pradhan Mantri Kaushal Kendra Launched   
The Union Home Minister Rajnath Singh along with Minister of Petroleum and Natural Gas and Skill Development and Entrepreneurship Dharmendra Pradhan inaugurated India’s first Pradhan Mantri Kaushal Kendra (PMKK) for Skilling in Smart Cities, in collaboration with New Delhi Municipal Council (NDMC). It is launched under skill India Mission. The ministers also laid the foundation for a Skill Development Centre at Moti Bagh and a Centre of Excellence at Dharam Marg, New Delhi.
Bangladesh Signs Deal with India for Oil Import      

Bangladesh has signed a long-term sales and purchase agreement with an Indian refiner to import gas oil to meet the country’s energy demand. The deal between Bangladesh Petroleum Corporation (BPC) and Numaligarh Refinery Ltd (NRL) was signed in the presence of India’s external affairs minister Sushma Swaraj, who arrived in Dhaka recently on a two-day visit to discuss bilateral issues. Under the deal, BPC will take up to 250,000 tonnes of gas oil each year from NRL for the first three years of the deal to the BPC’s northern fuel depot via a 131-km (79 miles) pipeline, which will be built by India.
Geethanjali Rao named America’s best young scientist  
Eleven-year-old, Geethanjali Rao has been named America’s Top Young Scientist for her sensor that can detect lead levels in water better than traditional methods. The award includes a cash prize of $ 25000.
Jayant Rikhye Appointed CEO India of HSBC    
The Hong Kong and Shanghai Banking Corporation (HSBC) has announced the appointment of Jayant Rikhye as the Chief Executive Officer for India. The appointment would be effective from December 1, 2017, subject to regulatory approvals. He succeeds Stuart Milne. Mr. Rikhye is currently Head of International, Asia-Pacific, responsible for 11 markets in the region.

C N R Rao has chosen for Von Hippel Award 2017      
Eminent scientist Professor C N R Rao has become the first Asian to be chosen for the prestigious Von Hippel Award for his immense contribution in materials research. The award is the US-based Materials Research Society’s (MRS) highest honour. It recognises “those qualities most prized by materials scientists and engineers — brilliance and originality of intellect, combined with the vision that transcends the boundaries of conventional scientific disciplines,” according to the MRS.
Colin Gonsalves wins Swedish Rights Award  
Colin Gonsalves, a senior Indian advocate was selected for a prestigious rights award in Sweden for his innovative use of public interest litigation in securing fundamental human rights for India’s most marginalized and vulnerable citizens. Gonsalves, a New Delhi-based Supreme Court lawyer, will share the award and the prize money worth over USD 300,000 (SEK 3 million) with two other laureates — Khadija Ismayilova from Azerbaijan and Robert Bilott from the US, according to a statement by the 2017 Right Livelihood Awards Honour Inspiring Changemakers and Champions of Justice.
Amjyot Singh becomes third Indian to be selected in an NBA Team   
The 6-foot-9-inch Chandigarh hoopster Amjyot Singh became the third Indian – after Satnam Singh and Palpreet Singh Brar to walk into the National Basketball Association (NBA) league. Amjyot made it to the NBA’s minor league – the G-League. The Indian skipper was picked by Oklahoma City Blue. The OKC Blue is NBA development league affiliate of the Oklahoma City Thunder, an American professional basketball team. The Managing Director for India of NBA is Yannick Colaco.

Gaganjeet Bhullar Wins Macau Open Golf Title 
Gaganjeet Bhullar had completed a wire-to-wire victory and lifted his eighth Asian Tour title at the Macau Open. The 29-year-old fired rounds of 64, 65, 74 and 68 for an aggregate score of 13- under 271, lifting his first Asian Tour trophy of the year.  Bhullar is also the 2012 champion in Macau. Macau is a Special Administrative Region (SAR) of China.
Kidambi Srikanth Wins Denmark Open Future Series Badminton Tournament  
In Badminton, ace Indian shuttler Kidambi Srikanth has lifted the Denmark Open Superseries trophy at Odense. In the title clash on22nd October, Srikanth seeded 8th, defeated South Korea’s Lee Hyun-il in straight games, 21-10, 21-5 to bag his third Super Series title of the year and fifth overall. It was the first time Srikanth and Lee had faced each other.
Dipa Karmakar to be conferred with D Litt Award    

Ace gymnast Dipa Karmakar will be conferred with D Litt degree by the National Institute of Technology, Agartala, at its 10th convocation to be held next month.

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