Current Affairs, News & Facts of 30 Oct 2014

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  • FDI rules relaxed in construction.
    • The newly launched project smart cities by PM Modi will get an advantage and will push for affordable housing.
    • The proposal seeks to reduce the minimum built-up area from 50,000 sq. metres to 20,000 sq. metres. The minimum capital requirement for such projects has also been brought down to $5 million from $10 million.
    • It will ensure faster completion of projects as it will bring funds to the debt burdened sector.
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  • BrahMos mini is being planned for air force and navy.
    • Its a lighter version of supersonic cruise missile BrahMos called as BrahMos-M.
    • It will weigh around 1.5 tonnes.
    • It can be also launched from submarines torpedo tubes.
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  • GSAT-6 scheduled to be launched in march.
    • Its an advanced communication satellite.
    • Its S-band satellite with five special transponders for multimedia services.
    • The 2000 kg satellite will be launched on a GSLV launcher from sriharikota.
    • Currently, a third of the satellite capacity comes from transponders leased on foreign satellites.
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  • Seven new species of frogs found in western ghats and sri lanka.
    • They are Hylarana sreeni, Hylarana magna, Hylarana doni, Hylarana urbis, Hylarana serendipi, Hylarana indica, Hylarana Caesar.
    • The team of researchers were from india and sri lanka.
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  • WTO gives conditional nod to treat MDR TB with a new drug.
    • New drug, Delamanid, remains limited, as it has only been through Phase IIb trial [the phase specifically designed to study efficacy — how well the drug works at the prescribed dosage] and studies for safety and efficacy, the WHO has issued interim policy guidance that lists five conditions that must be in place if the new drug is used to for treatment of MDR-TB.
    • According to the WHO 4,80,000 people developed MDR-TB in the world in 2013 and more than half of these cases occurred in India, China and the Russian federation.
    • The biggest increases were in India, South Africa and Ukraine.
    • The WHO has advocated “special caution” for the use of Delamanid in people aged 65 and over, in adults living with HIV, patients with diabetes, hepatic or severe renal impairment, or those who use alcohol or substances.
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  • NASA rocket explodes at launch.
    • The cargo was carrying 5055 pounds of supplies, science equipments and experiments to the international space station.
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  • India will be signing oil and gas MoU with Mozambique.
    • It will facilitate oil and gas cooperation between India and Mozambique for five years.
    • Offshore gas discoveries in two adjacent offshore blocks in 2010 have seen Mozambique emerge as a significant hydrocarbon rich nation.
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  • Malala yousafzai awarded the Worlds childrens prize.
    • Millions of children has voted to award her this years Worlds childrens prize.
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  • A study by Nasscom depicts India as the third largest start up ecosystem in the world.
    • India is the fastest growing and third largest start-up ecosystem in the world after the U.S. and the U.K
    • The study also says India is poised to see a rapid growth in the number of product start-up operational by 2020.
    • At present, there are around 3,100 start-ups in India, and is expected to grow to 11,500 by the end of 2020, says the study.
    • It also says that the rapid growth in start-up will create an employment for around 250,000 people by 2020 as against the current 75,000.
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