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The UPSC Daily

30th  SEPTEMBER 2017

-Achievers IAS Academy

Note:  The following Current affairs has been selected from AIR, PIB, PRS,BBC, The Hindu, IDSA (Institute for Defence Studies and Analyses), Live mint, Indian Express, Quora.com,Hindustan Times, Telegraph,The Times ,WTO,New Indian express , The guardian and is highly recommended for UPSC prelims and mains




In news :P-notes investment hits over 7-year low of Rs 1.25 lakh cr

Investments in the domestic capital market through participatory notes, P-notes, plunged to a seven-and-a-half year low of 1.25 lakh crore rupees at August-end this year.

This was because of stringent norms put in place by capital market regulator, SEBI.

The total value of P-notes investments in the Indian markets--equity, debt and derivatives--had hit a five-year low of 1.35 lakh crore rupees at the end of July.

Of the total investments in August, P-note holdings in equities stood at 88,911 crore rupees, while the rest were in debt and derivatives markets.

P-notes are issued by registered foreign portfolio investors to overseas players who wish to invest in the Indian markets without registering themselves directly. But they do need to go through proper due diligence.

In news :India assures full support to build peaceful and prosperous Afghanistan

President Ram Nath Kovind has said, India deeply respects the supreme sacrifice made by the Afghan National Defence and Security forces to fight the forces of terror.

He said, India stands with the government and people of Afghanistan in their quest for peace, stability and prosperity.

He said this while interacting with visiting Chief Executive of Afghanistan, Dr. Abdullah Abdullah, who called on him at Rashtrapati Bhawan this evening.

Mr. Kovind said, India is indebted to them for ensuring security of its people, Mission and Consulates in Afghanistan. He said New Delhi strongly condemns the acts of cross border terror perpetrated against the people of Afghanistan.

The President said that India considers Dr Abdullah as a very close friend and admires his selfless leadership given through difficult times.

Earlier, Dr. Abdullah Abdullah called on Prime Minister Narendra Modi at his residence, where both leaders reaffirmed the strength and closeness of the multifaceted strategic partnership.

They welcomed the accelerated cooperation, including through the recent announcement of a New Development Partnership during the meeting of the bilateral Strategic Partnership Council in New Delhi.

They discussed enhancing bilateral economic and development cooperation and the abundant opportunities in this regard.

The two leaders exchanged views on the security environment in Afghanistan and the extended region, and, in this context, agreed to continue close cooperation. Mr. Modi reiterated India's commitment to extend full support to Afghanistan's efforts for building a peaceful, united, prosperous, inclusive and democratic country.

Dr. Abdullah conveyed Afghanistan's deep appreciation for India's continuing support for infrastructure development and capacity building in Afghanistan.

An MoU for Technical Cooperation on Police Training and Development was exchanged in the presence of the two leaders at the conclusion of the meeting.

The Chief Executive of Afghanistan also held wide ranging discussions with External Affairs Minister Sushma Swaraj.

In news :Govt asks stent makers to maintain supply of coronary stents

The government has directed coronary stent makers to maintain the production and supply of stents in the country.

The direction came amid reports of shortage of stents in the market and hospitals.

Department of Pharmaceuticals in its notification said, the government has invoked powers of the Drug Prices Control Order, 2013 to ensure adequate availability of stents.

The department has directed the manufacturers to maintain production, import and supply of the stents.

They have also been asked to submit a weekly report on the coronary stents produced and distributed.

The notification also said that the National Pharmaceutical Pricing Authority and the Drug Controller General of India are empowered to extend these directions to any other producer of coronary stents in India during the three-month period.

In news: North Korean firms in China ordered to close

China has ordered North Korean companies in the country to shut down by January as it applies UN sanctions imposed following Pyongyang's sixth nuclear test.

China's commerce ministry said today that the companies, including joint ventures with Chinese firms, have 120 days to close from the date the United Nations resolution was adopted, September 11.

The announcement comes days after China confirmed that it will apply another major part of the sanctions: a limit on exports of refined petroleum products to North Korea starting October 1 and a ban on textiles from its neighbour.

China's application of UN sanctions is particularly biting for North Korea. Beijing is Pyongyang's main ally and trading partner, responsible for around 90 per cent of the hermit nation's commerce.

The US has pressed China to use its economic leverage to strongarm North Korea into giving up its nuclear ambitions.

In news :More than 500,000 Rohingya enter Bangladesh: UN

United Nations today said, the number of Rohingya refugees who have fled to Bangladesh since violence broke out in Myanmar's Rakhine state on August 25 has exceeded half a million.

The new figure of 501,800, up from around 480,000, was due mainly to the counting of refugees not previously included in the tally rather than a dramatic increase in arrivals.

Indian Navy's INS Ghariwal carrying relief material under operation Insaniyat for the Rohingya refugees in Bangladesh arrived in Chittagong today.

Indian High Commissioner Harsh Vardhan Sringla handed over 700 tonnes of aid material to Chittagong Deputy High Commissioner Zillur Rahman Chowdhury.

The relief material consignment including rice, pulse, sugar, tea, bisccuits, soaps and mosquito nets, etc is part of 7000 tonnes relief assurance to Bangladesh to help it tide over the Rohingya crisis.

In news :China, Pakistan, Afghanistan officials hold talks

Senior officials from China, Pakistan and Afghanistan have held talks under a trilateral framework to bring peace and development in the war-torn country, the Foreign Office said in Islamabad.

According to a joint statement issued by Pakistan's Foreign Office in Islamabad, yesterday, the second meeting of the China-Afghanistan-Pakistan Practical Cooperation Dialogue was held in Kabul from 26th to 27th September.

The three sides held discussions on the areas of trilateral practical cooperation and agreed to enhance ties. Statement said the three sides agreed that policy communication, infrastructure, human resources, livelihood building and people-to-people exchange were the five key cooperation fields and will steadily promote concrete cooperation.



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