Current Affairs – September 26, 2019

Here’s your daily summary of Current Affairs – September 26, 2019

National - Current Affairs - September 26, 2019

Mukesh Ambani with Rs. 3.8 lakh crore tops the IIFL Wealth Hurun India Rich List 2019


1 20 - Current Affairs - September 26, 2019
Reliance Industries’ Chairman Mukesh Ambani has topped the list of richest Indians for the eighth consecutive year, with a net worth of Rs. 3,80,700 crore, according to the latest IIFL Wealth Hurun India Rich List. London-based SP Hinduja & family, with assets worth Rs. 1,86,500 crore, retained the second rank in the list, followed by Wipro founder Azim Premji at third place with a wealth of Rs. 1,17,100 crore.
According to the latest IIFL Wealth Hurun India Rich List, the number of Indians having a net worth of more than Rs. 1,000 crore has grown to 953 this year from 831 in 2018; while, the number of billionaires in terms of US dollar has reduced to 138 from 141.


ICGS ‘Varaha’ commissioned by Rajnath Singh


3 20 - Current Affairs - September 26, 2019
Defense Minister Rajnath Singh on Wednesday formally commissioned the Coast Guard offshore patrol vessel ‘Varaha’ at the Chennai Port Trust. The state-of-the-art ship was going to be a force multiplier for Indian Coast Guard, pointing it has capabilities to operate twin-engine ALH Helicopters developed indigenously by HAL.
‘Varaha’ is the projection of Coast Guard’s will and commitment ‘to serve and protect’ the maritime interest of the country. The vessel is equipped with a 30-mm gun and a 12.7mm gun for enhancing the fighting efficiency of the vessel.


India International Science Festival to be held in Kolkata from November 5 to 8


4 20 - Current Affairs - September 26, 2019
The fifth edition of India International Science Festival (IISF) will be held in Kolkata from November 5-8, Science and Technology Minister Harsh Vardhan announced. More than 12,000 participants, including 8,000 students, are expected to attend the event, Department of Science and Technology (DST) Secretary Ashutosh Sharma informed. The DST, Department of Biotechnology, Council for Scientific and Industrial Research (CSIR), Indian Council of Medical Research and the Ministry of Earth Sciences are major government sponsoring bodies for the event.


Assam Govt launches housing loan subsidy scheme


5 20 - Current Affairs - September 26, 2019
The Assam Government has launched a housing loan subsidy scheme to provide financial assistance on purchase or construction of the first house for a family. Assam Finance Minister Himanta Biswa Sarma launched the scheme – Aponar Apon Ghar yesterday in Guwahati.
The subsidy up to 2 lakh 50 thousand rupees will be provided for loan amounts from five lakh to 40 lakh rupees. This scheme is meant for the loan sanctioned in this financial year. This initiative would provide impetus to the economy and led to the expansion of real estate in the state.


ADB sharply cuts India’s GDP growth forecast to 6.5 pc for FY20


6 20 - Current Affairs - September 26, 2019
The Asian Development Bank (ADB) sharply lowered India’s growth forecast from 7.2 percent to 6.5 percent for the current fiscal, though has it indicated that the country will grow faster than China.
The multi-lateral lending agency in its Asian Development Outlook (ADO) Update for 2019 cut the growth projection for India, which recorded an over six-year low growth of 5 percent in the April-June quarter this fiscal.


Sports - Current Affairs - September 26, 2019

Pankaj Advani-Aditya Mehta pair wins World Team Snooker title


7 19 - Current Affairs - September 26, 2019
The Indian duo of Pankaj Advani and Aditya Mehta overcame a tough Thai team to emerge world champions in the IBSF World Snooker Team event in Mandalay (Myanmar). This takes Advani’s world title tally to a phenomenal 23 while Aditya claimed his maiden at a time when his future is being doubted due to health issues. For Advani, this win has ensured that his name is now there every IBSF world title on offer. He had won the world billiards event here last week.


Appointments 330 x 70 - Current Affairs - September 26, 2019

Bulgaria’s Kristalina Georgieva appointed new IMF chief


8 20 - Current Affairs - September 26, 2019
Bulgaria’s Kristalina Georgieva has been selected as the new head of the International Monetary Fund(IMF). She is the first person from an emerging market economy to lead the IMF. The economist succeeds Christine Lagarde for a five-year term from October. She is to take up her position as managing director on October 1, replacing Christine Lagarde, who is set to take over the European Central Bank later this year. It was at the World Bank that she reached the level of chief executive officer, taking a leave of absence during the selection process for the IMF.


Sebastian Coe re-elected as IAAF’s President


9 20 - Current Affairs - September 26, 2019
The International Association of Athletics Federation (IAAF) announced that Sebastian Coe has been elected as its President for the second term during the 52nd IAAF Congress in Doha. There were 203 voting members of Congress and all voted for Coe.
Ximena Restrepo, Sergey Bubka, Geoffrey Gardner and Nawaf Bin Mohammed Al Saud were elected as vice-presidents during the event. Restrepo will become the first woman to serve as an IAAF Vice President.


Kotak Mutual Fund’s Nilesh Shah appointed as new AMFI chairman


10 20 - Current Affairs - September 26, 2019
Nilesh Shah, Managing Director of Kotak Asset Management Company (AMC), has been appointed as the new chairman of the Association of Mutual Funds in India (Amfi), with immediate effect.
Nilesh Shah succeeded Managing Director, and CEO of ICICI Prudential Asset Management Company, Nimesh Shah, who was appointed to the post in 2018. The body also elected Saurabh Nanavati, Chief Executive Officer, Invesco Mutual Fund as the vice-chairman of Amfi, for a period of one year.


Awards - Current Affairs - September 26, 2019

Payal became first Indian to win the Goalkeepers Global Goals Changemaker Award


11 17 - Current Affairs - September 26, 2019
Hailing from Rajasthan, 17-year-old Payal Jangid was conferred the Changemaker Award by the Bill and Melinda Gates Foundation at the Goalkeepers Global Goals Awards held in New York. Becoming the first Indian to win the award, Payal was recognized for her work towards the abolition of child marriage in her village, Hinsla, which is a child-friendly village (Bal Mitra Gram), and other neighboring villages.


Swedish climate activist Greta Thunberg wins Right Livelihood Award


12 14 - Current Affairs - September 26, 2019
Swedish climate activist Greta Thunberg is among four people named as the winners of a Right Livelihood Award, also known as the “Alternative Nobel.” Thunberg is being recognized “for inspiring and amplifying political demands for urgent climate action reflecting scientific facts”.
The foundation also gave its 2019 award to Davi Kopenawa and the Hutukara Yanomami Association, representing Brazil’s indigenous tribe, for protecting the Amazon forest and its people; Moroccan activist Aminatou Haidar “for her steadfast nonviolent action” for Western Sahara and Chinese lawyer Guo Jianmei for her work for women’s rights in China. The four winners will each receive 1 million kronor ($103,000).


PT Usha honored with Veteran Pin by IAAF in 52nd IAAF Congress in Doha, Qatar


13 8 - Current Affairs - September 26, 2019
Indian track and field former athlete PT Usha was presented with Veteran Pin by the world athletics governing the body, the International Association of Athletics Federation (IAAF), in recognition of her contribution to the growth of the sport. The award was given by IAAF chief Sebastian Coe at the 52nd IAAF Congress held in Doha, Qatar.


Adam Harper, U.K. mathematician Wins SASTRA Ramanujan prize for 2019


14 5 - Current Affairs - September 26, 2019
The SASTRA Ramanujan Prize for 2019 will be awarded to mathematician Adam Harper, Assistant Professor with the University of Warwick, England. The prize carries a citation and an award of $10,000 and is conferred annually on mathematicians from across the world who are less than 32 years of age, working in an area influenced by the genius Srinivasa Ramanujan. Every year, this prize is awarded by SASTRA University on its campus near Kumbakonam in Tamil Nadu, on Ramanujan’s birth anniversary, December 22.


International - Current Affairs - September 26, 2019

The first astronaut from UAE launched to the International Space Station


15 4 - Current Affairs - September 26, 2019
A Russian cosmonaut and two astronauts – one from NASA and the other from the United Arab Emirates – launched to the International Space Station. Jessica Meir of NASA, Oleg Skripochka of Roscosmos and Hazza Ali Almansoori, one of only two astronauts in the nascent Emirati space program, lifted off in a Russian Soyuz rocket from Baikonur Cosmodrome in Kazakhstan.
Almansoori was a pilot in the UAE armed forces before he was selected for astronaut training in 2018. The flight is part of Roscosmos’ “spaceflight participant” program, which allows individuals who are not part of the Russian space agency to hitch a ride on short-duration flights to the ISS. The United Arab Emirates launched its national space program in 2017 with the lofty goal of reaching Mars by 2021 and building a settlement on the Red Planet by 2117.


Indian Company Infosys Third Best Regarded Company in the World, Visa Tops: Forbes


16 2 - Current Affairs - September 26, 2019
Bengaluru based IT major Infosys has been ranked third in the Forbes’ annual list of the World’s Best Regarded Companies 2019, which includes 250 companies. In 2018, Infosys stood at 31st position, however, it still held the best rank among Indian companies. 17 Indian companies have been named in the list of World’s Best Regarded Companies 2019. The global payments technology company Visa has topped the list. Italian car-maker Ferrari is in the second position.


Obituary - Current Affairs - September 26, 2019

Telugu Comedian Venu Madhav passed away At 39


17 1 - Current Affairs - September 26, 2019
Telugu comedian-actor Venu Madhav died on the 25th of September in Hyderabad. He was 39. Venu Madhav’s filmography had over 170 movies in Telugu. Other than Telugu films, he even acted a few Tamil films. Mr. Madhav made his debut in the film industry with the 1996 film Sampradayam. He stepped into the Indian entertainment industry as a mimicry artist and later ventured into films, in which he features in mostly comic roles.


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