DAILY CURRENT AFFAIRS: 4 OCT 2018

DAILY CURRENT AFFAIRS: 4 OCT 2018

(DAILY NEWS INDIA)

SHARED BY: WWW.DAILYGK.IN

1.      GOVERNMENT CUTS EXCISE DUTY ON FUEL BY RS 2.50, APPEALS STATES TO LOWER VAT

i. The government and oil companies will absorb the price cut by Rs 1.50 and Rs 1 respectively.

ii. Union Finance Minister Arun Jaitley has also urged the state governments to reduce Value Added Tax on fuel by another Rs 2.50.

2.      INDIA RANKED 28TH AMONG 73 COUNTRIES IN GOVT E-PAYMENT ADOPTION: 2018 VISA SURVEY

i. India ranked 28th among 73 countries in govt e-payment adoption

ii. India moved up to 28th in 2018, from 36th in 2011.

iii. India is at the 58th place for digital infrastructure

3.      NOBEL CHEMISTRY PRIZE FOR EVOLUTION RESEARCH: FRANCES ARNOLD, GEORGE SMITH AND GREGORY WINTER

i. US scientists Frances Arnold and George Smith and British researcher Gregory Winter won the Nobel Chemistry Prize.

ii. They were awarded the Nobel Chemistry Prize for applying the principles of evolution to develop enzymes used to make various items from biofuels to pharmaceuticals.

iii. Frances Arnold is the 5th woman to win the Nobel Chemistry Prize.

4.      FORBES INDIA RICH LIST 2018: MUKESH AMBANI IS THE RICHEST INDIAN FOR 11TH CONSECUTIVE YEAR WITH $47.3 BILLION

i. Mukesh Ambani has been named the richest Indian for the 11th consecutive year with a net worth of $47.3 billion, as per the ‘Forbes India Rich List 2018’.

ii. Reliance Industries’ Chairman Mukesh Ambani is also the biggest gainer of the year, with a gain of $9.3 billion to his wealth.

iii. Wipro Chairman Azim Premji has secured the 2nd position, with a wealth of $21 billion.

5.      SUPREME COURT JUDGE MADAN BHIMARAO LOKUR APPOINTED EXECUTIVE CHAIRMAN OF NALSA

i. Madan Bhimarao Lokur took charge as the Executive Chairman of the National Legal Services Authority of India.

ii. Madan Bhimarao Lokur was appointed to the post by President Ram Nath Kovind. 

iii. Madan Bhimarao Lokur is a senior judge of the Supreme Court..

iv. National Legal Services Authority of India  is set up with aim to  speedy disposal of cases, reducing the burden of the judiciary, providing free legal services to marginalised and disadvantaged, organise Lok Adalats, etc.

6.      RAMON LAGUARTA SUCCEEDS PEPSICO’S INDIAN-ORIGIN CEO INDRA NOOYI

i. Ramon Laguarta took charge as the chief executive officer of PepsiCo.

ii. Ramon Laguarta succeeds India-born Indra Nooyi, who was the CEO of PepsiCo for 12 years.

iii. Ramon Laguarta has served as President of PepsiCo since 2017.