1) Rajasthan CM Launches Rajiv Mehrishi's 'India 2017 Yearbook'
•Rajasthan Chief Minister Vasundhara Raje launched an e-book titled 'India 2017 Yearbook', compiled by the present Comptroller and Auditor General of India (CAG) Rajiv Mehrishi.
•The e-book includes a plethora of information on important dignitaries, state policy, public schemes and important data about demographics, trade, economy and many other topics. Mc Graw Hill is Education is the publisher of the e-book.
2) PM Modi Inaugurates Global Conference on Consumer Protection
•Prime Minister Narendra Modi inaugurated a global conference on consumer protection in New Delhi. This is the first time that an international conference on consumer protection is being organised by India for countries of the region.
•The conference is deliberated upon steps taken by Asian countries to implement the UN guidelines on consumer protection as well as challenges faced by consumers of financial services and e-commerce. Twenty two countries from East, South and South-East Asia are participating in the international conference. These include China, South Korea, Singapore, Bangladesh and Sri Lanka.
3) 3rd Global Investors’ India Forum Held in New Delhi
•Union Minister of State (IC) for Power and New & Renewable Energy, Shri R. K. Singh addressed the 3rd Global Investors’ India Forum in New Delhi.
•The theme of the event was 'Ideate, Innovate, Implement and Invest in India’ and it was attended by global industry stalwarts. In the forum, major focus was given on generation of electricity and its distribution across the country. The event was organized by the ASSOCHAM.
4) Afghanistan President Ashraf Ghani Visits India
•Afghani President Ashraf Ghani was on a national visit to India. During his visit, he met with the president Ram Nath Kovind and PM Modi. India and Afghanistan have agreed to work closely with the regional and international partners to further the objective of seeing Afghanistan emerge as a stable, peaceful, united and prosperous nation.
•The Indian leadership reiterated its support for a negotiated political reconciliation in Afghanistan that is Afghan-led, Afghan-owned and Afghan-controlled.
5) Union Ministries of Power & Textiles Jointly Launched 'SAATHI' Initiative
•The Union Ministries of Power and Textiles have jointly launched an initiative 'SAATHI' (Sustainable and Accelerated Adoption of efficient Textile technologies to Help small Industries).
•Under this initiative, Energy Efficiency Services Limited (EESL), a public sector entity under the Union Ministry of Power, will acquire energy efficient Powerlooms, motors and Rapier kits in bulk and provide them to the small and medium powerloom units.
6) India has 3rd Highest Number of Family-Owned Businesses: Report
•India has 108 publicly-listed family-owned businesses, third highest in the world, while China tops the tally with 167 such companies followed by the US which has 121, according to the Credit Suisse report.
•As per the Credit Suisse Research Institute's (CSRI) latest "CS Family 1000" report, with an average market capitalisation of USD 6.5 billion, India ranks 5th in Asia Pacific excluding Japan, and 22nd globally, in terms of average m-cap.
7) SBI Slashed IMPS Service Charges up to 80%
•The State Bank of India has slashed Immediate Payment Service (IMPS) charges up to 80 percent. If the users are doing an online transaction of money after selecting IMPS option, then they will have to pay 80% less charge than what they used to pay earlier.
•After the implementation of the revised charges, online transactions will certainly become cheaper. After the revision, no IMPS service charge will be imposed on online transactions under Rs 1000. For the transactions between Rs 1000 and Rs 10,000, the users will have to pay Re 1 while for an amount between Rs 10,001 and Rs 1,00,000, the users will be charged Rs 2.
•For the transactions between Rs 1,00,0001 and Rs 2,00,000, the IMPS service charge is Rs 3. All these rates are effective from 15th October 2017.
8) Virat Kohli Overtakes Lionel Messi in Forbes List by $1 Million
•According to the list released by Forbes, Virat Kohli ranks ahead of Barcelona superstar Lionel Messi when it comes to brand value. The captain of the Indian cricket has a brand value of $14.5 million which puts him ahead of Messi on the 7th spot in the top 10 list revealed by Forbes.
•The brand value is an athlete’s earnings (excluding salary and bonus from their sport and all investment income), minus the average income of the top 10 athletes in the same sport. Tennis legend Roger Federer leads the list with a brand value of $37.2m.
