OCT 27,2014

• Black money --govt names industrialist --Pradip Burman of Dabur, Rajkot-based bullion trader Pankaj Chimanal Lodhiya and Goa-based mining baron Radha Satish Timblo of Timblo Ltd.
• Insurance Amendment Bills may be cleared in winter session---central.
• Leftist President Dilma Rousseff 66yrs old  re-elected as president of Brazil.
• The Pro-Western winner of Ukraine's parliamentary poll were negotiated the formation of a ruling coalition forces backing president Petro Poroshenko.
• Vietnam PM Nguyen Tan Dung visites India.
• The chairperson if the National Commission for Women(NCW),Lalitha Kumaramangalam. has advocated legalisartion sex work to regulate the trade and ensure better living conditions for women engaged in commercial sex work.Legakisation the trade, she says will bring down trafficking in women and lower the incidence of HIV and other sexully transmitted disease.
• The newly elected Haryana govt led by CM Manohar Lal Khattar decided in principle to probe all land deals, including Robert Vadra.
• The govt decided to clean in situ 144 open drains carrying sewage and industrial effluents into the river Ganga, as part of its plan to clean up the river.At the same time it has been deided not to allow immersion of ashes.Even coconut and flowers offering in theriver shall be trapped through a mesh.Budget allocated for this project is about Rs.2000cr.
•  United India Insurance (UII) is excepted to take a hit of around Rs.1,125 cr due to claim arising out of damages caused by recent floods in Jammu & kashmir as also due to cyclone Hudhud that battered Andhra Pradesh.
• World Media Summit Global Awards for Excellent 2014: P.Sainath , Al Jazeera---India.
• World Bank predicts India's GDP is likely to expand 5.6% this fiscal.And 6.45 in 2016-17.
• Telecom giant SoftBank has pledged an investment of $10b in India's IT and communication from a Japanese firm.It had a plant to invest in e-commerce firm Snapdeal.And also to enter into mobile phone infrastructure.
• South African Foot Ball captain Senzo Meyiwa after the talismanic goalkeeper was shot dead during a home robbery.
• France legend Zinedine Zidane was sanctioned as Real Mdrid's reverse team coach for failing to have the required coaching badge, the Spanish champions announced.
• Saint-Gobainof France inaugurated its Rs.1,000 cr glass manufacturing facility in Bhiwadi in Rajasthan.The fully automated plant, having a capacity to manufacture close too 1000 tonnes of glass a day, is the largest glass manufacturing facility for the firm in the world.
• Third ODI abandoned, South Africa wins the series 2-0.
• Gagan Narang placed 5th in the rifle prone event of the shooting World Cup Final in Gabala,Azerbaijan.Daniel Brodmeier of German took the 1st place.
• Chinese handset maker Xiaomi, trying to assuage consumers fear over security of their data, said it planned to set up data centres in India by 2015 to host services and store data locally. 
• The Air Passengers Association of India(APAI) has asked the Directorate General of Civil Aviation to put an end to special schemes, offering 'non-existent' low fares by various domestic airlines.
• Fujiflim said it would buy a U.S. vaccine maker as the Japanese form increasing its supply of an experimental Ebola drug to help stem the spread of the virus. 
• Reality firm Emaar MGF has tied up with payment gateway firm Pay U India for providing online payment facility to its customers.
• Death penalty for Ferry captain who killed 300 people, in the month of april mostof them high school children
• Micheal Zehaf-Bibeau, who was shot dead by police in the Parliament in Ottawa after killing a solider, was mentally ill and wanted to die.He released a video of himself just before the attack he made and was inspired by ideological and political motives.
• Executive Director of the Assam Oil division of the Indian Oil Coperation ,Kaushik Bora,who went missing was traced and rescued by the police inside a forest in Tinsukia district of upper Assam.

Source : THE HINDU