Current Affairs Daily Digest – October 09′ 2017


  1. American economist Richard H Thaler wins 2017 Nobel in Economics

University of Chicago’s Richard H. Thaler, one of the founders of behavioural economics and finance, was awarded the 2017 Nobel Prize in Economics for shedding light on how human weaknesses such as a lack of rationality and self-control can ultimately affect markets.

The 72-year-old co-author of the 2008 best-seller Nudge has “built a bridge between the economic and psychological analyses of individual decision-making.

  1. Rajesh Nath Gets Germany’s Highest Civilian Honour

Rajesh Nath, Managing Director of VDMA India, has been conferred the ‘Cross of the Order of Merit’, the highest civilian honour awarded to individuals for their services to Germany.

The award, also known as Bundesverdienstkreuz or Federal Cross of Merit was instituted in 1951 and is Germany’s only honour that is awarded to both Germans and foreigners for achievements in the economic, social, political or intellectual realms.

  1. PNB MetLife Appoints Ashish Srivastava as MD & CEO

PNB MetLife India Insurance Company Ltd (PNB MetLife), a life insurer, has a new Managing Director & Chief Executive Officer in Ashish Srivastava. He would be responsible for leading all aspects of the business in the country. Prior to this elevation, Srivastava was an interim CEO at PNB MetLife.

  1. Andhra CM Naidu inaugurates Blockchain Business Conference

Andhra Pradesh Chief Minister N. Chandrababu Naidu inaugurated a two-day International Blockchain Business Conference, which will also have sessions on Blockchain in banking, insurance and capital markets.

Regional and international experts, startups, corporates, leading FSI executives, regulators, entrepreneurs, policy-makers and academics will explore Blockchain technologies, its applications and how it will impact the financial services industry.

  1. Kerala Tourism launches Continuous Tourist Survey 2017-20

To accelerate the growth of tourism in Kerala, the Department of Tourism has launched a three-year long Continuous Tourist Survey (CTS) from this year.

The 2017-2020 sample survey is being conducted in collaboration with M/s Datamation Consultants, selected through a transparent tender process.

  1. India’s First Portal Dedicated to Para-Sports Launched

n a bid to create awareness about para-sports and provide a platform to para sportspersons to narrate their stories of triumph and adversity,thenationspride.com, the country’s first portal dedicated to para-sports was launched.

The nationspride.com is a non-profit initiative, helmed by 17-year-old Mumbai student and sports enthusiast, Saachi Munot.

  1. International Conference on Dialogue of Civilizations – IV

The Archaeological Survey of India (ASI), Ministry of Culture, Government of India, in collaboration with National Geographic Society is hosting an international conference on “Dialogue of Civilizations – IV” from 8th – 15th October, 2017 at Delhi, Gandhinagar and Dholavira. 

This conference is fourth in this series of ‘dialogues’ initiated by National Geographic Society in 2013 with an objective to encourage scholarly and public discourse about the five ancient, literate civilizations of the world, i.e. Egypt, Mesopotamia, South Asia, China and Mesoamerica and how the study of the past can share our present and future towards the right direction. 

  1. India, Lithuania sign extradition treaty

India has signed an extradition treaty with Lithuania following a meeting between External Affairs Minister Sushma Swaraj and her Lithuanian counterpart Linus Linkevicius in New Delhi, thus enhancing its engagement with the Baltic region.

The treaty would provide a legal framework for seeking extradition of terrorists, economic offenders and other criminals from and to Lithuania.

  1. US FDA approves first test to screen Zika virus in donated blood

The U.S. Food and Drug Administration (FDA) has approved for the first time a test for detecting the Zika virus in donated blood.

The Zika virus is transmitted primarily by mosquitos (Aedes aegypti), but it can also spread through blood transfusion and sexual contact.

The cobas Zika test, manufactured by Roche Molecular Systems Inc., is intended for use by blood collection establishments to detect Zika virus in blood donations, not for the individual diagnosis of Zika virus infection.

  1. Anupama Clinches World Open Under-16 Snooker Championship Title

Anupama Ramachandran of India and Dylan Emery of Wales have claimed the World Open Under-16 Snooker Championship titles in the girls and boys category, respectively, in St. Petersburg Russia.

Federation of Billiards Sports of Russia hosted this first ever World Open championships for Under-16 boys and girls, which was a success with total participation of 73 cueists from across the world.

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Read Current Affairs Daily Digest For September 2017