Current Affairs India

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1st

Oct’10 to

7th

Oct’10

COVER STORY

C U R R E N T A F F A I R S N E W S L E T T E R

The Ayodhya dispute…
Data & Statistics Cover Story Personalities of the Week Business News International News Social & Political News Top Cabinet Portfolios 2 3 4 5 9 10 11 COMPILED BY

TOP 10 HEADLINES OF THE WEEK
1. 2. 3. 4. 5. 6. 7. 8. 9. India to drive past China to record world’s fastest auto sales growth Business world using CWG to assess India DD Hikes Advertising Rates For CWG’s Closing Ceremony By 150% IIM-A to reform placement system; discusses uniform methods of compiling salaries Reliance Retail close to signing JV with World’s Leading Toy Retailer Toys“R”U Michelle Obama: World’s most powerful women Test tube baby’ scientist, Robert G Edwards wins Nobel for Medicine Android roars past iPhone in US Maharashtra will woo Sachin to bat for tourism Mukesh Ambani to pen RIL story

10.

ECONOMIC INDICATORS
Current Market Rates as on 8th Oct’10 Rupee / US Dollar Rupee / Euro Rupee / Pound Gold (10 Gram) in Rs. Values 44.38 61.80 70.37 19097 Stock Market Indices as on 30th Sep’10 BSE SENSEX NSE (NIFTY) Values 20250 6103

WORLD POPULATION AND GROWTH RATE POPULATION: As of 9 October 2010, the world population is estimated by the United States Census Bureau to be 6.874 billion. In the future, world population has been expected to reach a peak of growth; from there it will decline due to economic reasons, health concerns, land exhaustion and environmental hazards. There is around an 85% chance that the world's population will stop growing before the end of the century. Source: http://en.wikipedia.org/wiki/Population

POPULATION GROWTH: Although it took 123 years for World’s population to become 2 Billion from 1 Billion in the year 1804, it will take only 85 years to add another 5 Billion. World’s population over last century has been increasing steadily. However, some countries have started experiencing negative population growth, especially in Eastern Europe (mainly due to low fertility rates and emigration). In Southern Africa, growth is slowing due to the high number of HIV-related deaths. Japan's population has also been decreasing since 2005.

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FAMOUS PERSONALITIES
LAKSHMI MITTAL: World's largest steel maker and the third richest man in the world. Rags to Riches: Lakshmi Mittal was born on June 15, 1950 at Sadulpur, in Churu district of Rajasthan, in a poor family. The extended family of 20 lived on bare concrete floors, slept on rope beds and cooked on an open fire in the brickyard in a house built by his grandfather. He belongs to Marwari Aggarwal caste and his grandfather worked for the Tarachand Ghanshyam Das firm, one of the leading Marwari industrial firms of pre-independence India. Stylebhai: Lakshmi Mittal is also known for his opulence. In 2003, he acquired the Kensington mansion, said to be the world's most expensive home, from Formula One racing's Bernie Ecclestone for £70 million ($128 million). His daughter Vanisha's $50 million wedding bash is touted as the most expensive wedding of the 20th century. A Cult figure: Mittal Steel is the largest steelmaker in the world, with shipments of 42.1 million tons of steel and profits of over $22 billion in 2004. Mittal holds steel assets in SouthAfrica, Poland, Indonesia, and Kazakhstan. After the merger between Mittal Steel and Arcelor which raged a big debate throughout the Europe, Laxmi Mittal controls 10% of the world’s total steel production and the combined entity that has come into force post-merger is three times the size of its nearest competitors. The Man with the Midas Touch: The most fascinating thing about this man is that he is said to have a knack of buying sick and rusted steel companies and turning them into gold. Experts say that his capability to quote the cost of these sick companies make him winner all the way. It is no mean achievement that when the global steel industry is in its worst recession phase, Mittal's steel...
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