6. Offshore firm buys indirect stake in K-Electric
• In an opaquely worded notification issued on the Pakistan Stock Exchange, K-Electric Ltd said on October 20, 2022 `changes have been consummated` involving IGCF General Partner Ltd (IGCF GP), a fund manager, and the Infrastructure and Growth Capital Fund L.P. (Fund), which owns the fund`s assets.
• Analysts interpreted the dense text of the regulatory filing as an acknowledgement of the transfer of K-Electric`s major shareholding to Sage Venture Group Ltd, a British Virgin Islands-registered special purpose company wholly owned by Asia Pak Investments Ltd.
• K-Electric`s holding company is Cayman Islands-registered KES Power Ltd, with a shareholding of 66.4 per cent. The government of Pakistan controls 24.36pc shareholding in K-Electric while the rest is owned by institutional investors and the general public
Watch Dr Anam Fatima Complete Interview
7. Indonesia looking at paracetamol syrups linked to child deaths
• Some medicinal syrups available in Indonesia contained ingredients linked to fatal acute kidney injury (AKI)in children, its health minister said on October 20, 2022, as it investigates a spike in cases and 99 child deaths this year.
• Health Minister Budi Gunadi Sadikin was also cited by media as saying some of those syrups were produced locally.
• Indonesia has temporarily banned sales of all syrup based medications and has been looking closely at paracetamol syrups containing toxic diethylene glycol and ethylene glycol that have been used to treat fever in children
8. Senate passes bill criminalising torture of detainees
• The Senate on October 20, 2022 passed four bills, including one that for the first time criminalised torture of under-custody accused, as PTI lawmakers continued protest the arrest and alleged torture of Senator Azam Swati.
• The bill to provide protection to a person during custody from all acts of torture perpetrated by public officials The Torture and Custodial Death (Prevention and Punishment) Bill, 2022 has already been passed by the National Assembly and could set in motion a long overdue process of reform to ensure transparent investigations into future allegations of torture and hold accountable to those responsible.
9. Truss quits after six chaotic weeks in office
• British Prime Minister Liz Truss on October 20, 2022 dramatically announced her resignation just six weeks after taking office.
• Truss bowed to the inevitable after her right-wing platform of tax cuts disintegrated and as many MPs among the ruling Conservatives revolted.
• Speaking in Downing Street, Truss said she would stay on as prime minister until a successor is chosen to serve as Tory leader.
• `We`ve agreed that there will be a leadership election to be completed within the next week,` she said, after senior backbench MP Graham Brady told her the game was up
10. China `thwarts` Indian move ahead of FATF moot
• China has once again thwarted an Indian move in the United Nations to malign Pakistan just days before an important meeting of the Financial Action Task Force (FATF).
• The first FATF plenary under the two-year Singapore presidency will take place on Oct 20-21 in Paris.
• The financial watchdog is expected to consider a proposal to move Pakistan from the so-called gray list of potential violators to the whitelist.
Check our daily updated ‘s Complete Day by Day Current Affairs Notes
September 2022:
- Daily Top-10 Current Affairs MCQs / News (October 28, 2022) for CSS, PMS
- Daily Top-10 Current Affairs MCQs / News (October 27, 2022) for CSS, PMS
- Daily Top-10 Current Affairs MCQs / News (October 26, 2022) for CSS, PMS
- Daily DAWN News Vocabulary with Urdu Meaning (05 October 2022)
- Daily Top-10 Current Affairs MCQs / News (October 25, 2022) for CSS, PMS
- Daily Top-10 Current Affairs MCQs / News (October 24, 2022) for CSS, PMS
- Daily Top-10 Current Affairs MCQs / News (October 23, 2022) for CSS, PMS
- Daily Top-10 Current Affairs MCQs / News (October 22, 2022) for CSS, PMS
- Daily Top-10 Current Affairs MCQs / News (October 21, 2022) for CSS, PMS
- Daily Top-10 Current Affairs MCQs / News (October 20, 2022) for CSS, PMS
September 2022:
- Daily Top-10 Current Affairs MCQs / News (September 30, 2022) for CSS, PMS
- Daily Top-10 Current Affairs MCQs / News (September 29, 2022) for CSS, PMS
- Daily Top-10 Current Affairs MCQs / News (September 27, 2022) for CSS, PMS
- Daily Top-10 Current Affairs MCQs / News (September 23, 2022) for CSS, PMS
- Daily Top-10 Current Affairs MCQs / News (September 22, 2022) for CSS, PMS
- Daily Top-10 Current Affairs MCQs / News (September 21, 2022) for CSS, PMS
- Daily Top-10 Current Affairs MCQs / News (September 20, 2022) for CSS, PMS
- Daily Top-10 Current Affairs MCQs / News (September 19, 2022) for CSS, PMS
- Daily Top-10 Current Affairs MCQs / News (September 18, 2022) for CSS, PMS
- Daily Top-10 Current Affairs MCQs / News (September 17, 2022) for CSS, PMS
August 2022:
- Daily Top-10 Current Affairs MCQs / News (August 31, 2022) for CSS, PMS
- Daily Top-10 Current Affairs MCQs / News (August 30, 2022) for CSS, PMS
- Daily Top-10 Current Affairs MCQs / News (August 29, 2022) for CSS, PMS
- Daily Top-10 Current Affairs MCQs / News (August 28, 2022) for CSS, PMS
- Daily Top-10 Current Affairs MCQs / News (August 27, 2022) for CSS, PMS
- Daily Top-10 Current Affairs MCQs / News (August 26, 2022) for CSS, PMS
- Daily Top-10 Current Affairs MCQs / News (August 25, 2022) for CSS, PMS
- Daily Top-10 Current Affairs MCQs / News (August 24, 2022) for CSS, PMS
- Daily Top-10 Current Affairs MCQs / News (August 23, 2022) for CSS, PMS
- Daily Top-10 Current Affairs MCQs / News (August 22, 2022) for CSS, PMS
July 2022:
- Daily Top-10 Current Affairs MCQs / News (July 30, 2022) for CSS, PMS
- Daily Top-10 Current Affairs MCQs / News (July 29, 2022) for CSS, PMS
- Daily Top-10 Current Affairs MCQs / News (July 28, 2022) for CSS, PMS
- Daily Top-10 Current Affairs MCQs / News (July 27, 2022) for CSS, PMS
- Daily Top-10 Current Affairs MCQs / News (July 26, 2022) for CSS, PMS
- Daily Top-10 Current Affairs MCQs / News (July 25, 2022) for CSS, PMS
- Daily Top-10 Current Affairs MCQs / News (July 24, 2022) for CSS, PMS
- Daily Top-10 Current Affairs MCQs / News (July 21, 2022) for CSS, PMS
- Daily Top-10 Current Affairs MCQs / News (July 19, 2022) for CSS, PMS
- Daily Top-10 Current Affairs MCQs / News (July 16, 2022) for CSS, PMS
June 2022:
- Daily Top-10 Current Affairs MCQs / News (June 30, 2022) for CSS, PMS
- Daily Top-10 Current Affairs MCQs / News (June 29, 2022) for CSS, PMS
- Daily Top-10 Current Affairs MCQs / News (June 28, 2022) for CSS, PMS
- Daily Top-10 Current Affairs MCQs / News (June 26, 2022) for CSS, PMS
- Daily Top-10 Current Affairs MCQs / News (June 25, 2022) for CSS, PMS
- Daily Top-10 Current Affairs MCQs / News (June 24, 2022) for CSS, PMS
- Daily Top-10 Current Affairs MCQs / News (June 23, 2022) for CSS, PMS
- Daily Top-10 Current Affairs MCQs / News (June 22, 2022) for CSS, PMS
- Daily Top-10 Current Affairs MCQs / News (June 21, 2022) for CSS, PMS
- Daily Top-10 Current Affairs MCQs / News (June 17, 2022) for CSS, PMS
May 2022:
- Daily Top-10 Current Affairs MCQs / News (May 31, 2022) for CSS, PMS
- Daily Top-10 Current Affairs MCQs / News (May 30, 2022) for CSS, PMS
- Daily Top-10 Current Affairs MCQs / News (May 29, 2022) for CSS, PMS
- Daily Top-10 Current Affairs MCQs / News (May 28, 2022) for CSS, PMS
- Daily Top-10 Current Affairs MCQs / News (May 27, 2022) for CSS, PMS
- Daily Top-10 Current Affairs MCQs / News (May 26, 2022) for CSS, PMS
- Daily Top-10 Current Affairs MCQs / News (May 25, 2022) for CSS, PMS
- Daily Top-10 Current Affairs MCQs / News (May 24, 2022) for CSS, PMS
- Daily Top-10 Current Affairs MCQs / News (May 23, 2022) for CSS, PMS
- Daily Top-10 Current Affairs MCQs / News (May 22, 2022) for CSS, PMS