14th October 2014 - Daily Current Affairs

14th October 2014 - Daily Current Affairs

National Affairs

• Prime Minister Narendra Modi declared Rs.1,000 crore as interim relief package for cyclone-hit Andhra Pradesh and assured all support after a detailed survey of the losses.
• Stage is set for Assembly polls in Maharashtra and Haryana on Wednesday, one of the biggest electoral tests after the Lok Sabha polls for Narendra Modi, who spearheaded a high-decibel BJP campaign to wrest power from the opposition in what promises to be a close contest.
• The seven-day long 16th edition of  Mumbai Film Festival began today.
•              Aishwarya Rai Bachchan - the guest of honour
•               Kalki Koechlin - host of the ceremony

International Affairs

• World Standards Day observed today (14th October 2014) to raise awareness about importance of standardization to the global economy.
• President Pranab Mukherjee invited Norwegian companies to join the 'Make in India' initiative of the new government.
• As many as 13 agreements were signed between Indian and Norwegian entities on the second and concluding day of President Pranab Mukherjee’s visit to this Scandinavian nation,  to step up cooperation in defence, science and technology, education and other sectors.
• An agreement on exemption of visa requirement for holders of diplomatic and official passports has been signed.
• Indian President -  Pranab Mukherjee
• Prime Minister of Norway - Erna Solberg.
• United Nations has rejected Pakistan's plea for intervention following the recent border skirmishes with India; Advises to resolve the issue bilaterally.
• Finland today supported Indian candidacy for permanent membership of the expanded UN Security Council, saying a superpower like India should be represented in the powerful council of the world body.

Awards & Honors

• Inspector Shakti Devi of the Jammu and Kashmir Police, currently deployed in the UN Assistance Mission in Afghanistan (UNAMA), has been awarded the International Female Police Peacekeeper Award 2014.
• She has been given the award for her exceptional achievements in her duty with the UN mission.

Science & Technology

• IRCTC launched its Android app, IRCTC Connect, allowing users to search, book and cancel tickets at a click of button.
• The app has already been downloaded 5000 times and has received an average 4.2 rating on Google Play.

Business & Economy
Softening food prices pulled down the wholesale price inflation to near five year low of 2.38 percent, creating headroom for the Reserve Bank to cut interest rate to boost demand and push industrial growth.