President Ram Nath Kovind assigned Prakash Javadekar the heavy industries and public enterprises portfolio after Arvind Sawant resigned.He is already in charge of the Ministry of Environment, Forest & Climate Change, Ministry of Information & Broadcasting.
Prakash Javadekar, Rajya Sabha (Maharashtra).
Goldman Sachs Group Inc.’s co-head for India business, Vijay Karnani, is set to retire after 21 years with the company. He joined Goldman Sachs in 1998 as an associate in equity capital markets & moved to the equity derivatives team in Hong Kong in 2000.
Goldman Sachs Group, Inc, HQs- New York ; CEO: David M. Solomon
The Indian Olympic Association (IOA) has rejected the new National Sports Code , drafted in 2017. It included the barring of ministers, members of parliament and legislative assemblies from holding office in National Sports Federation and IOA.
Currently, the National Sports Code 2011 is in effect.
Reserve Bank of India has withdrawn some exemptions granted to mortgage finance companies in terms of complying with regulations such as provisions and creation of reserve fund that would put them on par with other non-banking finance companies.
RBI have the power to inspect HFCs statements submitted by HFCs.
Secretary, Ministry of Housing and Urban Affairs, GoI, chaired the inaugural conclave on “National Capital Region -2041” organized by the National Capital Region Planning Board (NCRPB). Currently, the Regional Plan with the horizon year 2021 was in-force.
Theme , “Planning for Tomorrow’s Greatest Capital Region”.
Saurabh Chaudhary bagged men’s air pistol silver. With a World record of 246.5 Kim Song Guk of North Korea clinched Gold in the Asian shooting championship in Doha, Qatar. Together with Abhishek Verma & Sharvan Kumar, Saurabh won the team bronze for India.
Kim Song Guk improved on Saurabh’s World record by 0.2 point.
Union Minister of Petroleum & Natural Gas and Steel Shri Dharmendra Pradhan inaugurated the India Pavilion at the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC). The India Pavilion has been set up by 9 Indian Oil & Gas companies.
Pavan Kapoor is India’s Ambassador to the UAE.
Assam Industries and Commerce Department has signed a MoU with Malaysia India Business Council (MIBC) to improve the two-way trade and investment between India and Malaysia. Assistance will be accorded to business or trade missions.
Mahathir Mohamad- Prime Minister of Malaysia.
According to the latest CSO data, India’s industrial production contracted 4.3% in September, the weakest performance in seven years, due to output decline in manufacturing, mining and electricity sectors. This was a second straight month of contraction.
The IIP had declined by 0.75 in April, 2012.
Javelin thrower Sundar Singh Gurjar won India's 2nd gold defending his World Para Athletics Championships title in men's F46 javelin throw event. With this, India has secured 3 Tokyo Paralympic Games quota, along with the bronze winner Ajeet Singh & Rinku.
India now have 2 gold & silver each & a bronze.
Bimal K Roy, Chairman, National Statistical Commission inaugurated the 27th Conference of Central and State Statistical Organizations at Kolkata, West Bengal. It is organized by Ministry of Statistics and Programme Implementation (MoSPI) every year.
Rao Inderjit Singh- Minister of State(I/C) , MoSPI.
According to Minister of Micro, Small and Medium Enterprises, the government will buy 10% of the bonds issued by the MSMEs to support them in tapping the capital market. Start of digital data-based credit rating system (MSMEs) has been also planned.
MSMEs account for 49% of the exports from the country.