Current Affairs, News & Facts of 03 Oct 2013

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  • Union Cabinet approves the creation of Telangana by bifurcating the existing State of Andhra Pradesh. Hyderabad to be the common capital for initial ten years till Andhra develops a new capital.
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  • India ranked lowly 78th out of 122 countries on 'Human Capital Index' by World Economic Forum. The index ranks countries on the basis of economic potential of their labour force based on several indicators.
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  • World's Definitive University Rankings: 'Panjab University' is the best Indian varsity in world's top 400 list; India fared better with five varsities in top 400 as compared to just three last year. 'California Institute of Technology' is at the top for the third consecutive year.
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  • Rashtriya Uchchatar Shiksha Abhiyan (RUSA), a Centrally Sponsored Scheme (CSS) for reforming the state higher education system has been approved by Cabinet Committee on Economic Affairs (CCEA).
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  • 3M Healthcare, the healthcare division of 3M India, honoured with the Sterilization Services Company of the Year award at the Frost & Sullivan’s fifth annual India Healthcare Excellence Awards 2013. These Awards recognizes innovative growth strategies and solutions adopted by top companies in the healthcare industry.
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  • Sunil Singhania of Reliance Capital Asset Management becomes first Indian elected to serve on the Board of Governors of CFA Institute. The CFA Institute is a global association of investment professionals.
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  • Lalu Yadav sentenced to five-year imprisonment with fine of Rs 25 lakh in one of the 'fodder scam' cases. Jagannath Mishra, another former Bihar chief minister, condemned for four years with Rs 2 lakh fine.
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  • National Mission on Oilseeds and Oil Palm (NMOOP) approved by Cabinet Committee on Economic Affairs during the 12th Five Year Plan Period. The project, with allocation of Rs.3507 crore, aims to enhance production of vegetable oil sources. 
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