October 29, 2019

National

  1. Indian Railways to convert 200 saloons into 10 tourist trains to be run by IRCTC
  • Indian Railways decided to convert 200 saloons into ten luxury tourist trains to be run by the IRCTC in a bid to regulate the use of the colonial era-style carriages and generate additional revenue for the national transporter.
  • The inspection cars to be exclusively used by railway officials to visit far-flung areas, these saloons comprise two bedrooms, a lounge, a pantry, a toilet, and a kitchen that are built to facilitate the stay for up to five days.

International

  1. China Russia Pakistan call for early resumption of US-Taliban peace talks
  • The Representatives of Pakistan, China, and Russia called on the US and the Taliban to return to the negotiation table at the earliest and reach an agreement.
  • Aim: To end the 18-year long war in Afghanistan.
  • The discussion in this regard held during the four-party consultations between representatives of US, China, Pakistan, and Russia on the Afghan peace process.
  • The participants committed to work with Afghanistan and the Taliban to reach a comprehensive and sustainable peace.
  1. India and USA sign SoI
  • India and USA have signed Statement of Intent to develop a range of warfighting technologies and systems.
  • The Statement of Intent was signed at 9th edition of India US Defence Technology and Trade Initiative (DTTI) 2019 held in New Delhi.

Business & Economy

  1. Tata Sons board okays 6,500 cr equity infusion in Tata Motors
  • Tata Motors Ltd its board approved an equity infusion of 6,500 crores from its promoter Tata Sons Pvt. Ltd.
  • Tata Motors will allot ordinary shares and warrants to the developer in return, subject to shareholder approval.
  • The board approved raising 3,500 crores via external commercial borrowing, which will be used to refinance its existing debt.
  • The total debt stands at around 50,000 crores, of which 20,000 crore is in its stand-alone business.
  1. Indian Overseas Bank with Universal Sompo General Insurance Company
  • Indian Overseas Bank and Universal Sompo General Insurance have launched co-branded health care plus insurance for users.
  • Universal Sompo General Insurance Company Limited, Headquartered in Mumbai, is India’s first Public – Private Partnership in General Insurance Industry.
  • It is a private public joint venture in general insurance where two nationalized banks, namely Allahabad Bank and Indian Overseas Bank, one private sector bank namely Karnataka Bank Ltd, one FMCG namely Dabur Investment Corp and a leading general insurer from Japan namely Sompo Japan Nipponkoa Insurance.

Sports

  1. Emblem of 2024 Summer Olympic and Paralympic Games
  • Paris has unveiled its new emblem of 2024 Summer Olympic and Paralympic Games.
  • Paralympics are a periodic series of international multi-sport events involving athletes with a range of disabilities, including impaired muscle power, impaired passive range of movement, limb deficiency, leg length difference, short stature, hypertonia, ataxia, athetosis, vision impairment and intellectual impairment.
  • Olympics are leading international sporting events featuring summer and winter sports competitions in which thousands of athletes from around the world participate in a variety of competitions

Appointment & Resignation

  1. Manohar Lal Khattar takes oath as Haryana CM for second term
  • Manohar Lal Khattar took oath as the chief minister of Haryana for a second consecutive term
  • The swearing in ceremony took place a day after Khattar was elected as the legislative party leader of BJP.
  • Jannayak Janta Party (JJP) leader Dushyant Chautala also took oath as deputy chief minister of the state.
  1. Argentina’s left-leaning candidate Alberto Fernandez wins presidential election
  • Argentina’s left-leaning candidate Alberto Fernandez won the presidential election
  • Fernandez, a 60-year-old law professor, got 47.36 percent votes crossing the threshold for outright victory
  • Fernandez officially assumes office on December 10
  • Cristina Fernández de Kirchner, one of Argentina’s most popular presidents during her two terms in 2007-2015, has been voted back into office as vice president

Obituary

  1. Former Gujarat Chief Minister Dilip Parikh passed away
  • Former Gujarat chief minister Dilip Parikh has passed away
  • Parikh served as the 13th chief minister of Gujarat between October 1997 and March 1998
  • Parikh, who started his political career in the mid-1990s as a BJP MLA, was an industrialist and also served as president of the Gujarat Chamber of Commerce and Industry
February 2, 2020

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