October 2012 Current Affairs Monthly

Current Affairs October 2012: Read Important monthly current affairs and major events of October 2012 related to India (National) and World (International) for SSC, Banking PO, IBPS, Indian Railways, UPSC, RPSC, State PSC and other upcoming competitive Examinations. It covered all latest current affairs topics like Politics, Appointments, Sports and Players, Awards and Honours, Important Days, Obituaries, Reports, Business, Government Schemes, Education, Books and Authors, Economy, Science and Technology, Geography, Agreements, Conference and Entertainment.

Top Appointment Current Affairs
  • Rajiv Bansal the Vice President of the Finance department at Infosys has become its new Chief Financial Officer (CFO) and he has replaced V Balakrishnan who is also a board member and had held the post for 6 years. 
Top Awards Current Affairs
  • ‘Jalpari: The Desert Mermaid’ directed by Nila Madhab Panda has landed the MIP Junior Kids Jury Awards 2012 at the Cannes film festival. It is the first ever Hindi film to have won the award. 
  • A community Khap (community council) in Haryana honored Pakistani human rights activist Ansar Burney for extending help in the release of Indian sailors held captive by Somali pirates.
  • Australian Prime Minister Julia Gillard made an announcement that Indian cricketer Sachin Tendulkar would be awarded with a membership of the Order of Australia for his contribution to the sport.Gillard stated that the 'special honour', known as AM, would be conferred by Australian Cabinet Minister Simon Crean.
  • N.R. Narayana Murthy, co-founder of Infosys, who has been engaged in various initiatives to give back to the country utilizing his business success has been named recipient of the prestigious 2012 Hoover Medal. He got the honor at the Global Humanitarian Technology Conference in Seattle, Washington.
Top Business Current Affairs
  • Kamal Singh has become the director general of the National Human Resource Development Network (NHRDN), which is the top HR professional entity in India. He will be responsible for network management and leading the national secretariat.
  • Automobile giant Eicher Motors is expected to commission a Rs.150-crore two-wheeler plant near Chennai by the first quarter of next year.The company's new facility at Oragadam which will be completed by the first quarter of 2013 and the existing plant here will be producing around 150,000 units per annum.
  • Starbucks started its first store in India in a joint venture with the Tatas. It aims at redefining the coffee market in the country.Branded as Starbucks Coffee - A Tata Alliance, the flagship cafe of the 50-50 joint venture between Starbucks Coffee Company and Tata Global Beverages is located at the historic Elphinstone Building in Horniman Circle in south Mumbai.
  • Mahanagar Gas Ltd. has increased the the price of compressed natural gas (CNG)? by 2.57 percent. The hike will be effective from midnight of Wednesday-Thursday. This would lead to a hike of 85 paise per kg in Mumbai and now it will cost Rs.33.95 per kg here. This would have an effect on 2.60 lakh vehicle owners. 
Top Economics Current Affairs
  • The committee on infrastructure financing headed by HDFC chairman Deepak Parekh submitted its report to the government asking for 100 percent foreign direct investment (FDI) in telecom, privatizing state-owned monopolies and raising electricity charges and rail fares. 
  • With regards to exports of marine products India achieved an unprecedented figure of 3.5 billion dollars in 2011-12 but so far till August 2012 there has been a reduction of 30 percent in seafood exports.
  • State-run oil marketing companies slashed petrol prices by Rs.0.56 a litre (excluding state levies in Delhi) with effect from midnight. Petrol will now cost around Rs.67.90 per litre at Delhi. The rates will vary in the cities depending on local taxes. 
  • Officers in the petroleum ministry have stated that the leading gas producing fields at the KG-D6 block owned by Reliance Industries in the Bay of Bengal may be shut down in the near future.
  • The Reserve Bank of India (RBI) data shows India's foreign exchange (forex) reserves down by $163.7 million to $294.87 billion for the week ended Oct 12. Forex went up by $227.3 million for the week ended Oct 5. Foreign currency assets (FCA) which is the biggest component of the forex reserves fell $150.1 billion to $260.02 billion in the week.
  • Larsen & Toubro recorded a 15 percent year-on-year growth in net profit for the quarter ended on Sep 30. The company announced that recurring net profit rose to Rs.9.15 billion during the second quarter of the current fiscal from Rs.7.98 billion a year earlier.

Top Entertainment Current Affairs
  • The comeback film of yesteryear's superstar Sridevi, English Vinglish, has turned out to be the biggest premier this year with the entire Bollywood fraternity coming to encourage her return following a 15 year hiatus from the big screen. 
  • The Indian entertainment and media industry can be worth $100 billion as per the experts.This was specified at 'India - The Big Picture', the Confederation of Indian Industry's (CII) Media and Entertainment Summit in New Delhi.
Top Geography Current Affairs
  • The northeastern states were jolted by a 5.1-magnitude quake? at 12.08 am on October 3. The epicentre was in Assam's Sonitpur district which is at the border with Arunachal Pradesh as per the statement by the regional seismological center.
Top Miscellaneous Current Affairs
  • The Supreme Court had on August 31 stated that the Sahara Group should pay back to its investors INR 17,400 crore with 15% interest that had been taken through the Optionally Fully Convertible Debentures (OFCDs) during 2008 and 2009 and the conglomerate has appealed to the apex body to review the ruling. 
  • Five sites in Tamil Nadu, including famous Lord Sri Ranganathar temple in Srirangam, have been included in the tentative list by the Union Culture ministry for United Nations Educational, Scientific and Cultural Organisation 's world heritage status, Union Culture Minister Kumari Selja said on Sunday.
  • One of the eight suspects who was connected to the alleged gang-rape of a law student on Oct 13 and who was absconding, was injured in a shootout in the Bangalore University campus. Six other suspects have been arrested earlier.
Top Person Current Affairs
  • Eric Hobsbawm, one of the most eminent British historians who closely followed the fluctuating fortunes of the Left movement in India and influenced many Indian scholars over decades, died in London at the age of 95 on Monday.
  • A model was found murdered in her ground floor apartment in Andheri West in Mumbai late. Bidushi Dash Barde, 23, a former beauty queen from Chennai, was alone at home throughout the day and did not answer any of his calls, claimed her husband Kedar Barde.
Top Politics Current Affairs
  • Former Karnataka Chief Minister B.S. Yeddyurappa announced that he will quit the BJP and launch a regional party on 10th Dec, raising questions over the survival of the state BJP government headed by Jagadish Shettar.
Top Resignation Current Affairs
  • An India-born conservative scholar, who made a high-grossing documentary condemning United States President Barack Obama, has resigned as head of an evangelical college here after a scandal broke out over him taking a woman other than his wife to an event on Christian values.
Top Sports Current Affairs
  • Pankaj Advani leads a strong Indian contingent in the first ever unified World Billiards Championship, which starts at Leeds on Saturday with as many as 65 players. This includes defending champions Mike Russell and Revanna Umadevi from Bangalore.
  • Saina Nehwal got into the final of the French Open badminton with an easy win over German Juliane Schenk in the semi-final at Paris on Saturday.Top seeded Saina defeated the fourth seed German 21-19, 21-8 in flat 36 minutes at the Stade Pierre De Coubertin. 
  • India's Pankaj Advani won his seventh World billiards title when he defeated defending champion Mike Russell 1,895-1,216 in the final at Leeds on Sunday.
Top Technology Current Affairs
  • Creace Technologies has come up with iSuite, which is a singular platform for coming out with interactive publications that will appear in mobility devices such as iPad, iPhone and devices based on android. Hirosh Hussain, the CEO of the company has stated that digital publishing is a profitable business model.
Top World Current Affairs
  • China launched a criminal investigation into disgraced Communist Party leader Bo Xilai's alleged offences, a day after he was stripped of his legal immunity and expelled from the country's Parliament.
  • The 'World Heritage' site Kaziranga National Park and the Rajiv Gandhi Orang NationalPark in Assam will re-open while Manas National Park will welcome visitors from November 4.
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