1. Current Affairs: September 28, 2017
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September 28, 2017
INS Tarasa Commissioned into Indian Navy
INS Tarasa, a Water Jet Fast Attack Craft intended for
extended coastal and offshore surveillance and
patrolling, was commissioned into the Indian Navy.
Western Naval Command chief Vice Admiral Girish
Luthra has commissioned the vessel. The vessel has
been built in Kolkata. It is the fourth and last of the Water Jet FACs built by Garden Reach
Shipbuilders & Engineers, Kolkata. The first two, INS Tarmugli and INS Tihayu were
commissioned in 2016 and are based in Vishakhapatnam. The third, INS Tillanchang, was
commissioned in March 2017 and is based in Karwar. INS Tarasa is 50 metres long, powered by
three waterjets which give it speed of over 35 knots (65 kmph), and is armed with a 30mm main
gun and several light, medium and heavy machine guns. It is commanded by Lt Commander
Praveen Kumar.
Maharashtra Govt Signs MoU with South Korea
The Maharashtra government has signed a MoU with South
Korea for increased co-operation in infrastructure projects like
development of smart cities, roads, airports and metros on the
first day of Chief Minister Devendra Fadnavis’ visit to that
country. This MoU is to help with implementation strategy, legal
systems, policies, technologies and information in infrastructure
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development. Fadnavis embarked on a three-day tour to South Korea and Singapore. Shri
Chennamaneni Vidyasagar Rao is the present governor of Maharashtra.
CISF Security at Mumbai Airport Rated Best in World
The Central Industrial Security Force (CISF) security at the
Chhatrapati Shivaji International Airport (CSIA) in Mumbai
has been recognised as the best service in this domain by a
global quality rating agency. The latest initiative of doing
away with the tagging and stamping of hand baggage,
handling increasing passenger footfalls smoothly, and feeling of being safe and secure by
passengers, etc, were taken into account while deciding the award. The CISF has been
providing security coverage to the CSIA, the second busiest and hypersensitive airport in India,
since August 21, 2002. In July, a WQC survey adjudged CISF security cover at Delhi's Indira
Gandhi International Airport as best. O.P. Singh is the Director General of Central Industrial
Security Force (CISF).
WEF’s Global Competitiveness Rankings: India Ranks 40th
India remains the most competitive country in South Asia,
appearing at No. 40 in the global competitiveness ranking of
137 countries by the World Economic Forum (WEF). The
ranking is one lower than last year. According to WEF,
India’s score is its highest ever according to the current
methodology, which ranked Switzerland as the world’s most competitive economy. India ranks
3rd among BRICS nations.
The world’s top three competitive economies are-
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1. Switzerland,
2. The United States of America,
3. Singapore.
China (27th) and Russia (38th) outshine India among the BRICS group of large emerging
markets.
Angola Swears in its First New President After 38 Years
Angola swore in Joao Lourenco as the country's President,
making him the first new President of the country in 38
years. This comes after the previous president, Jose
Eduardo dos Santos, announced his retirement and chose
Lourenco as his successor. Lourenco, who had served as
Angola's Defence Minister earlier, vowed to attract more foreign investment. The People's
Movement for the Liberation of Angola (MPLA) has governed since Angola's hard-fought
independence from Portugal in 1975, with Dos Santos taking power in 1979. Angolan kwanza is
the Currency of Angolia. Luanda is the capital city of Angolia.
IDBI Bank Launches ‘Project Nishchay’ for Turnaround
IDBI Bank has launched ‘Project Nishchay’ in
partnership with the Boston Consulting Group (BCG) to
accelerate its turnaround program and improve
financial performance. The project will be led by senior
management at IDBI Bank along with BCG. BCG will
assist the bank to identify areas for cost containment and revenue maximization leading to
sustainable growth and profitability of the Bank. Managing Director and CEO of IDBI Bank is
Mahesh Kumar Jain. IDBI Bank Headquarters is in Mumbai.
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RIL World’s 3rd Largest Energy Firm: Platts Rankings
Reliance Industries Ltd (RIL) is the world’s third-
biggest energy company behind Russian gas firm
Gazprom and German utility E.ON, according to
Platts Top 250 Global Energy Company Rankings.
State-owned Indian Oil Corp (IOC) climbed to 7th
position in the 2017 ranking, up from 14th rank in 2016. Oil and Natural Gas Corp (ONGC) was
placed at 11th position in 2017 as against 20th in 2016. Coal India Ltd, the world’s largest coal
producer, was the only Indian firm to have slipped in the ranking - 45 in 2017. Russia’s
Gazprom snagged the number 1 spot, ending US oil and gas giant ExxonMobil’s 12-year reign
at the top of the list.
27 September: World Tourism Day
The 27th September is observed the world over as the
World Tourism Day. Observance of the day aims to foster
awareness amongst the international community about the
importance of tourism and its social, economic, political and
cultural values for countries. The theme for this year’s
World Tourism day is “sustainable tourism-a tool for
development”
