Current Affairs for SSC CGL Exams - 26 October 2015

:: National ::

A government panel has recommended revisiting the Companies Act, granting more bank licences and ushering in labour reforms to promote innovation and entrepreneurship.
A report of a high-powered expert committee under Niti Aayog said the Companies Act should be so amended to ensure that regulation of listed companies is left in the hands of stock exchanges and market regulator Sebi.
To improve access to capital for entrepreneurs, the panel has favoured granting more bank licences, deepening the corporate bond market, giving a level playing field for offshore and onshore private equity and venture capital, and a stable and transparent regulatory and taxation regime.

As Morocco’s King Mohammed VI became the first Head of State to arrive on Sunday for the four-day India-Africa Forum Summit, Prime Minister Narendra Modi said it was for the first time that India was hosting an event of such huge scale.
“From Oct 26 to 29, India Africa Forum Summit is being held here. On Indian soil, it is for the first time that an event of such a big scale is being held.
Leaders of 54 African countries have been invited. Outside Africa, this is the biggest convention,” he said during his monthly radio programme ‘Mann Ki Baat’.
Taking about the historic ties between India and Africa, he said: “It is said that thousands of years ago, this (India and Africa) was a single land mass.
Later, due to the Indian Ocean, it split into two… There are a lot of similarities between us… Around 27 lakh Indians have been living in Africa for a long time.”
He said while India and Africa had economic and political ties, the most notable factor of the relationship was education provided by India to African youth. Over 25,000 African students have got education in India, he said

Australia and India will hold talks on counter-terrorism, cyber-security and international crime cooperation in New Delhi during the ongoing official visit of Trade Minister and Attorney General.
The discussions will be held during the official visit of Australian Attorney-General George Brandis who is in India along with Trade Minister Andrew Robb.
Brandis is on official visit to India from October 25 to 29. He will be meeting key government counterparts besides participating in the Australia-India Leadership Dialogue.
"I will use the visit to engage on matters of national security and to encourage greater security and legal cooperation between Australia and India," Brandis said Sunday.
"India is a key international partner for Australia on counter-terrorism, cyber-security and international crime cooperation," he said, adding that he will be discussing these issues with Indian side where the two sides will share experiences and responses to the evolving threats.
Brandis is also participating in the inaugural Australia-India Leadership Dialogue, a forum which will provide a platform for leaders from a range of sectors, including government, corporate and academia to come together to further develop the Australia-India bilateral relationship and to enhance the links between the two countries.

West Indies Women trounced Pakistan Women by six wickets in the final one-day international cricket match on Saturday night to clinch the four-match series 3-1 and join Australia at the top of the International Cricket Council (ICC) Women's Championship.
Chasing a modest 183 for victory at the Beausejour Cricket Stadium, the hosts cantered home in the 43rd over with their inspirational captain, Stafanie Taylor, stroking an attractive unbeaten 87 from 107 deliveries, to pick up the Player-of-the-Match award.
The win was the Windies Women's third on the trot after losing the opening game two Fridays ago and more importantly, saw them sweep the contests designated as ICC Championship games and grab the six vital points required to move to the top of the points table alongside the Aussies on 16 points.
A qualifying tournament for the 2017 Women's World Cup, the top four sides from the Championship will gain automatic qualification for the event scheduled for England.

Critical of the way Mahendra Singh Dhoni rotated Indian bowlers during the crushing loss to South Africa in the ODI series-decider, former skipper Sunil Gavaskar said the captain was just not flexible enough in his approach.
The home side lost the match by a massive 214 runs in Mumbai last night, giving South Africa their first bilateral series win on Indian soil.
The Indians crumbled while chasing a mammoth target of 439 after the visiting team rode on swashbuckling hundreds by opener Quinton de Kock, Faf du Plessis and captain AB de Villiers.
The home bowlers cut a sorry figure in the face of the Proteas assault and all of them conceded over 6 runs an over.