News Roundup - 10 October 2014

1. Karnataka Govt has launcher two schemes - Manochaitanya and Manasadhara — to provide free treatment, counselling and medicin es to people suffering from mental disabilities and their rehabilitation. Under this, every Tuesday will be observed as “Super Tuesday”.
2. Veteran journalist M V Kamath dead.
3. Petronet LNG Limited is looking to city gas supply, KSRTC buses running on compressed natural gas (CNG) and smaller consumers outside the pipeline network to immediately boost business.
4. World Bank President Jim Yong Kim launched the Global Infrastructure Facility (GIF). The GIF is aimed at mobilising the private sector to help tackle the massive infrastructure deficit now facing developing countries and emerging markets such as India. The World Bank estimates that these countries need $1 trillion a year in extra investments through 2020 and with public purses stretched, it is significant that the heads of some of the world’s leading institutional investors such as insurance and pension funds will be signing up as partners in the GIF. Mr Kim also said that the potential economic impact of the Ebola epidemic could be as high as $32.6 billion by 2015 end, if not contained.
5. Nobel literature Prize: Patrick Modiano (France) - for his enigmatic novels rooted in the trauma of the Nazi occupation and his own loveless childhood.
6. Scientists have discovered that the Black Hole named P13 lies on the outskirts of the galaxy NGC7793 about 12 million light years away from earth, is ingesting a weight equivalent to 100 billion hot dogs every month. This is nearly 10 times faster than previously thought possible.
7. The Puducherry government and Kamarajar Port Limited (KPL), Chennai, have entered into a memorandum of understanding (MoU) for developing the Puducherry Port.
8. World Post Day – October 9
9. Lisa Su becomes the first women to head AMD after her promotion as CEO.
10. A purchase scam running into Rs. 4.63 crore in the State-owned Karnataka Soaps and Detergents Ltd. (KSDL), makers of the famed Mysore Sandal Soap, has come to light.