Wednesday 5 October 2016

Current Affairs Oct 5, 2016

1. IMF increased India's growth forecast and now expects economy, Asia's third largest, to expand 7.6% in 2016-2017, up from its earlier projection 7.4%
2. After Sri Lanka Germany backs India on surgical strikes
3. First BRICS U – 17 Football Tournament kicked off in Goa  BRICS Nations have transcended the traditional areas of interaction and opened a new vista in the field of sports.
4. Cabinet approves MoU between India and European Union on water cooperation. MoU envisages strengthening the technological, scientific and management capabilities of India and the European Union in the field of water management on the basis of equality, reciprocity and mutual benefit. It provides technical exchange on water issues, including on integrated water resource management plans within river basins and through study visits. It envisions a more sustainable management of water resources in India with an objective of tackling the challenges posed by water management in the context of growing population, competing water demands and a changing climate.
5. A trio of EU Jean-Pierre Sauvage, J. Fraser Stoddart and Bernard L. Feringa share prize for Nobel Prize for Chemistry 2016. The Three European scientists were awarded the Nobel Prize in chemistry for finding ways to energize and steer molecules, a breakthrough that could eventually transform the treatment of illness and lead to the development of more powerful computers.
6. Former ISRO Chairman who was recently inducted into the 2016 IAF Hall of Fame by the International Aeronautical Federation is - U R Rao
7.  The country that recently became the first in the world to ban disposable plastic cups and plates is - France
8. The first-ever BRICS trade fair will be held in- New Delhi.
9. Cabinet gives nod to PSU HLL Lifecare to sub-lease over 300 acres of land in Chennai to set up the country's first medical devices manufacturing park. 
"The Medipark project will be the first manufacturing cluster in the medical technology sector in the country, envisaged to boost local manufacturing of hi-end products at a significantly lower cost, resulting in affordable healthcare delivery, particular in diagnostic services to a large section of people".
9. Powerful typhoon Chaba to hit Japan after it hit South Korean resort island causing flight cancellations and flooding streets.
10. World Teachers Day observed across the world on Oct 5. Theme for the World Teacher'S Day 2016 is  Valuing Teachers, Improving status.

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