OCT 24-10-2018 EVENTS-CURRENT AFFAIRS

1.

PM Modi to launch ‘Main Nahin Hum’ portal for IT professionals

  • Prime Minister Narendra Modi will on Wednesday interact with IT and electronic manufacturing professionals across India via video-conference, as he launches the ‘Main Nahin Hum’ portal and mobile application.

  • Modi will meet with key industry leaders and address a gathering consisting of IT professionals, and employees of IT and electronic manufacturing organisations from about 100 locations, a release said on Tuesday.

Source- Business Standard

2.

India signs $777 million deal for Israeli missile defence systems

  • The LRSAM, part of the Barak 8 family, is an air and missile defence system used by Israel’s navy as well as India’s navy, air and land forces.

  • Israel is emerging as one of India’s biggest suppliers of weapons, alongside the United States and long-term partner Russia.

  • State-owned Israel Aerospace Industries (IAI) has won an additional, $777 million contract to supply LRSAM air and missile defence systems to seven ships in the Indian navy.

  • Israel Capital: Jerusalem, Currency: Israeli new shekel.

Source- Times of India

3.

India, Iran, Afghanistan hold first trilateral on Chabahar port project

  • India, Afghanistan and Iran Tuesday held their first trilateral meeting on Chabahar port project during which they reviewed its implementation.

  • The meeting assumes significance as the strategically-located port on the energy-rich Iran’s southern coast was coming under the ambit of US sanctions on Tehran.

  • The port is being considered crucial for trade among the three countries in the wake of Pakistan denying transit access to India.

  • Afghanistan Capital: Kabul, Currency: Afghan afghani.
    Iran Capital: Tehran, Currency: Iranian rial.

Source- Economic Times

4.

UN Day Concert to be held today in the General Assembly Hall at United Nations Headquarters

  • The 2018 UN Day Concert will be held today in the General Assembly Hall at United Nations Headquarters in New York. Soulful music from the strings of the sarod maestro Amjad Ali Khan will reverberate in the iconic Assembly hall.

  • The theme of this year’s concert, which is sponsored by the Permanent Mission of India to the United Nations, is “Traditions of Peace and Non-violence”

Source- All India Radio

5.

Sachin Tendulkar gave away prizes to the winners of South Asia Regional WASH innovation

  • India’s legend cricketer and UNICEF Ambassador for South Asia, Sachin Tendulkar gave away prizes to the winners of South Asia Regional WASH innovation in Thimphu, the capital of Bhutan.

  • The event was organised by UNICEF in association with BRAC, a Bangladesh based international organisation. The basic aim of the challenge was to identify innovative solutions to promote the practice of hand washing with soap.

Source-DD News

6.

Modi conferred with Seoul Peace Prize

  • The award committee credits ‘Modinomics’ for reducing social and economic disparity between the rich and the poor

  • the Seoul Peace Prize Foundation, which was established in 1990 to commemorate the success of the 24th Olympic Games held in Seoul.

  • South Korea Capital: Seoul, Currency: South Korean won.

Source-The Hindu

7.

Fino Payment Bank Receives RBI Approval For Onboarding New Customers

  • The Reserve Bank of India has lifted its ban on Mumbai-based Fino Payments Bank from onboarding new customers to open new accounts effective from October 22nd 2018.

  • the central bank had placed the ban in August, because Fino Bank was not complying with the set guidelines and especially with the rule which mandates payments banks to restrict deposits to $1364 (INR 1 Lakh).

  • Airtel payments bank was also directed to stop acquiring customers from January as the RBI found that it was not following the operating guidelines and know your customer (KYC) norms.

  • Paytm, Airtel, Fino, and Aditya Birla-Idea Payments Bank and India Post Payments Bank currently operating in India

Source-Daily Hunt

8.

CBI chief Alok Verma moves SC after Centre sends him on leave

  • M Nageshwar Rao has been appointed as interim CBI chief

  • Verma and Rakesh Asthana have been asked to proceed on leave pending CVC inquiry

  • Order comes after an internal bickering between Verma and Asthana over a slew of charges

Source- Economic Times

9.

Virat Kohli fastest-ever to reach 10,000 ODI runs, breaks Tendulkar’s record

  • India skipper Virat Kohli became Wednesday the fastest-ever batsman to reach 10,000 one-day international runs, making history in his 205th innings against the West Indies in Visakhapatnam.

  • The 29-year-old surpassed fellow Indian batting great Sachinn Tendulkar, who first crossed the 10,000-run mark in 259 innings in 2001.

  • Kohli, playing his 213th ODI, took a single off spinner Ashley Nurse to reach the milestone. He is just the 13th batsman, and fifth Indian, to join the elite list.

Source-Economic Times

OCT 23-10-2018 EVENTS-CURRENT AFFAIRS

1.

“Harit Diwali-Swasth Diwali” campaign launched by Ministry of Environment today

  • Environment Ministry has launched Harit Diwali, Swasth Diwali campaign. This campaign was initiated in 2017-18 wherein large number of school children participated and took pledge to minimize bursting of crackers.

  • The Harit Diwali-Swasth Diwali campaign is now merged with “Green Good Deed” movement that has been initiated as a social mobilization for conservation and protection of environment.

  • The Ministry is encouraging all schools and colleges to be part of this campaign.

  • Dr. Harsh Vardhan is the present Minister of Environment, Forest and Climate Change.

Source- All India Radio

2.

Agreement between India and Croatia on Economic Cooperation

  • Agreement between the Government of the Republic of India and the Government of the Republic of Croatia on Economic Cooperation was signed by Commerce and Industry Minister Smt. Nirmala Sitharaman, Government of India and Ms. Martina Dalic, Deputy Prime Minister and Minister of the Economy, Government of the Republic of Croatia on 14th February, 2017 in Zagreb, Croatia.

  • India and Croatia had earlier signed an Agreement on Trade and Economic Cooperation in September, 1994 with an aim to promote and develop bilateral trade and economic relations.

  • Croatia Capital: Zagreb, President: Kolinda Grabar-Kitarovic, Currency: Croatian kuna

Source-Press Information Bureau

3.

India,China sign first security cooperation agreement

  • India and China on Monday signed a first-ever agreement on security cooperation which will strengthen and consolidate assistance in counter-terrorism, organised crimes, drug control, human trafficking and exchange of information, marking a new beginning between the two countries.

  • The agreement was signed by Union Home Minister Rajnath Singh and China’s State Councilor and Minister of Public Security Zhao Kezhi.

  • China Capital: Beijing, President: Xi Jinping, Currency: Renminbi.

Source- Hindustan Times

4.

Gwalior to host 4-day international dance festival

  • Uzbekistan Ambassador to India Farhod Arziev will Sunday inaugurate a four-day international dance festival titled “Udbhav Utsav” here.

  • Dance troupes from Bulgaria, Turkey and Sri Lanka, apart from 25 teams from India, will participate while a team from South Korea dropped out at the last minute, organising committee president Keshav Pandey

5.

27th fusion energy conference begins in Gandhinagar on Oct 22

  • Innovative concepts on using nuclear fusion as a source of energy are likely to be discussed at the 27th Fusion Energy Conference beginning in Gandhinagar

  • The 27th IAEA Fusion Energy Conference (FEC 2018) aims to provide a forum for the discussion of key physics and technology issues as well as innovative concepts of direct relevance to the use of nuclear fusion as a source of energy,”

  • The IAEA was created in 1957.

  • The Chair of the Board of IAEA for 2018-2019 is Ambassador Leena Al-Hadid of Jordan. She succeeds Ambassador Darmansjah Djumala, the Governor from Indonesia.

Source- Business Standard

6.

Hong Kong-Zhuhai bridge: World’s longest sea crossing opens to quiet start

  • The world’s longest sea crossing bridge opened to the public on Wednesday but traffic was light on its first day.

  • The $20bn (£15.3bn) bridge spans 55km (34 miles) and connects Hong Kong to Macau and the mainland Chinese city of Zhuhai.

  • It was officially opened by Chinese President Xi Jinping on Tuesday.

Oct 22-10-2018 Events-Current Affairs

1.
Green climate fund approves $1 billion for projects in poor countries
Officials overseeing a UN-backed fund to help poor countries tackle climate change have approved more than USD 1 billion in new investments after a four-day meeting in Bahrain.
The Green Climate Fund said Sunday that the meeting approved 19 new projects, including a program to protect freshwater resources in Bahrain.
Source- Economic Times
2.
Vice President asks aviation industry to place passengers’ convenience at the centre of all activities
Vice President M Venkaiah Naidu has asked aviation industry to place passengers’ convenience at the centre of all activities
. Mr Naidu was addressing a gathering in New Delhi on Tuesday after releasing the Economic Impact Report and Coffee Table Book encapsulating the growth story of Indian Aviation.
He said the growth of the aviation sector will have a multiplier effect on the Indian economy as it will positively impact the hospitality and tourism sectors among others
Source- All India Radio
3.
PM Modi Announces National Award In Netaji’s Name For Rescue Workers
The announcement came on the 75th anniversary of Bose’s declaration of the formation of India’s first independent government — the Azad Hind Government on October 21, 1943.
The Prime Minister also applauded the services of the National Disaster Response Force and State Disaster Response Force personnel.
Source- NDTV
4.
CBDT releases Direct Tax Statistics

the Central Board of Direct Taxes (CBDT) has further released time-series data as updated up to FY 2017-18 and income-distribution data for AY 2016-17 and AY 2017-18. The key highlights of these statistics are as under:
There is a constant growth in direct tax-GDP ratio over last three years and the ratio of 5.98% in FY 2017-18 is the best DT-GDP ratio in last 10 years.
There is a growth of more than 80% in the number of returns filed in the last four financial years from 3.79 crore in FY 2013-14 (base year) to 6.85 crore in FY 2017-18.
The number of persons filing return of income has also increased by about 65% during this period from 3.31 crore in FY 2013-14 to 5.44 crore in FY 2017-18.
Sushil Chandra is the Present Chairman of CBDT.
Source- Press Information Bureau
5.
International Finance Corporation launches $1-billion masala bonds
International Finance Corporation, a member of the World Bank Group, has launched a $1-billion masala bond programme to fund its investment activities in India.
The announcement comes in the backdrop of the Indian government looking to boost capital flows into the country.
The government has taken a series of steps to support masala bonds —rupee-denominated borrowings issued overseas — including exempting these from withholding tax.
Source- Economic Times
6.
India 9th most valuable nation brand in the world; US, China lead the list
Topping the list and maintaining its lead is US with a brand value of $25,899 billion which rose by 23% from last year.
India was ranked 8th in last year’s report but slipped by a spot to the 9th rank. Despite its brand value rising 5% from last year, India has slipped one rank for the second consecutive year.
India’s brand value was $2,046 billion in 2017 and has increased to $2,159 billion in 2018, the report mentioned. India is one of the only two countries in the top 10 to have lost a spot. The other country to slip by a rank is Japan.
Source- Business Today
7.
L&T ranks 22 in Forbes’ best global employer list
Engineering and construction major Larsen & Toubro, which is majority owned by its employees, is the only domestic firm to be featured among the top 25 companies in the Forbes’ global 2000 best employers list that is led by Google parent Alphabet.
L&T is ranked 22, there are only four domestic firms in the top 100 list which include Mahindra & Mahindra at 55, Grasim Industries at 59 and HDFC at 91, and only 24 domestic companies in the overall list,as per the US magazine.
This year, German companies are the second most represented on the top 10. Auto company Daimler ranks seventh, and BMW scores the tenth spot.
Source- Economic Times
8.
Vijay Hazare Trophy: Mumbai beat Delhi to lift title for third time
Mumbai players pose with the trophy after beating Delhi in Vijay Hazare trophy final match, at Chinnaswamy Stadium in Bengaluru, Saturday, Oct 20, 2018
Mumbai last won the trophy way back in 2006-07 when they defeated Rajasthan.
Source- The Indian Express
9.
Nobel chemistry laureate Shimomura passes away at 90
Japanese-born Marine biologist Osamu Shimomura, who won the Nobel Prize in chemistry, has died. He was 90. His alma mater Nagasaki University said on Oct. 22, that Shimomura died on October 19 of natural causes.
Shimomura and two American scientists shared the 2008 Nobel prize for the discovery and development of a jellyfish protein that later contributed to cancer studies.
Source- The Hindu
1.

Green climate fund approves $1 billion for projects in poor countries

  • Officials overseeing a UN-backed fund to help poor countries tackle climate change have approved more than USD 1 billion in new investments after a four-day meeting in Bahrain.

  • The Green Climate Fund said Sunday that the meeting approved 19 new projects, including a program to protect freshwater resources in Bahrain.

Source- Economic Times

2.

Vice President asks aviation industry to place passengers’ convenience at the centre of all activities

  • Vice President M Venkaiah Naidu has asked aviation industry to place passengers’ convenience at the centre of all activities

  • . Mr Naidu was addressing a gathering in New Delhi on Tuesday after releasing the Economic Impact Report and Coffee Table Book encapsulating the growth story of Indian Aviation.

  • He said the growth of the aviation sector will have a multiplier effect on the Indian economy as it will positively impact the hospitality and tourism sectors among others

Source- All India Radio

3.

PM Modi Announces National Award In Netaji’s Name For Rescue Workers

  • The announcement came on the 75th anniversary of Bose’s declaration of the formation of India’s first independent government — the Azad Hind Government on October 21, 1943.

  • The Prime Minister also applauded the services of the National Disaster Response Force and State Disaster Response Force personnel.

Source- NDTV

4.

CBDT releases Direct Tax Statistics

the Central Board of Direct Taxes (CBDT) has further released time-series data as updated up to FY 2017-18 and income-distribution data for AY 2016-17 and AY 2017-18. The key highlights of these statistics are as under:

  • There is a constant growth in direct tax-GDP ratio over last three years and the ratio of 5.98% in FY 2017-18 is the best DT-GDP ratio in last 10 years.

  • There is a growth of more than 80% in the number of returns filed in the last four financial years from 3.79 crore in FY 2013-14 (base year) to 6.85 crore in FY 2017-18.

  • The number of persons filing return of income has also increased by about 65% during this period from 3.31 crore in FY 2013-14 to 5.44 crore in FY 2017-18.

  • Sushil Chandra is the Present Chairman of CBDT.

Source- Press Information Bureau

5.

International Finance Corporation launches $1-billion masala bonds

  • International Finance Corporation, a member of the World Bank Group, has launched a $1-billion masala bond programme to fund its investment activities in India.

  • The announcement comes in the backdrop of the Indian government looking to boost capital flows into the country.

  • The government has taken a series of steps to support masala bonds —rupee-denominated borrowings issued overseas — including exempting these from withholding tax.

Source- Economic Times

6.

India 9th most valuable nation brand in the world; US, China lead the list

  • Topping the list and maintaining its lead is US with a brand value of $25,899 billion which rose by 23% from last year.

  • India was ranked 8th in last year’s report but slipped by a spot to the 9th rank. Despite its brand value rising 5% from last year, India has slipped one rank for the second consecutive year.

  • India’s brand value was $2,046 billion in 2017 and has increased to $2,159 billion in 2018, the report mentioned. India is one of the only two countries in the top 10 to have lost a spot. The other country to slip by a rank is Japan.

Source- Business Today

7.

L&T ranks 22 in Forbes’ best global employer list

  • Engineering and construction major Larsen & Toubro, which is majority owned by its employees, is the only domestic firm to be featured among the top 25 companies in the Forbes’ global 2000 best employers list that is led by Google parent Alphabet.

  • L&T is ranked 22, there are only four domestic firms in the top 100 list which include Mahindra & Mahindra at 55, Grasim Industries at 59 and HDFC at 91, and only 24 domestic companies in the overall list,as per the US magazine.

  • This year, German companies are the second most represented on the top 10. Auto company Daimler ranks seventh, and BMW scores the tenth spot.

Source- Economic Times

8.

Vijay Hazare Trophy: Mumbai beat Delhi to lift title for third time

  • Mumbai players pose with the trophy after beating Delhi in Vijay Hazare trophy final match, at Chinnaswamy Stadium in Bengaluru, Saturday, Oct 20, 2018

  • Mumbai last won the trophy way back in 2006-07 when they defeated Rajasthan.

Source- The Indian Express

9.

Nobel chemistry laureate Shimomura passes away at 90

  • Japanese-born Marine biologist Osamu Shimomura, who won the Nobel Prize in chemistry, has died. He was 90. His alma mater Nagasaki University said on Oct. 22, that Shimomura died on October 19 of natural causes.

  • Shimomura and two American scientists shared the 2008 Nobel prize for the discovery and development of a jellyfish protein that later contributed to cancer studies.

Source- The Hindu

OCT 21-10-2018 Events-Current Affairs

1.

PM Modi dedicates National Police Memorial to nation

  • PM Narendra Modi on Sunday dedicated the National Police Memorial (NPM) to the nation. Oct 21 is observed as the ‘Police Commemoration Day’ every year in memory of the policemen killed at Hot Springs in Ladakh by the Chinese troops on this date in 1959.

  • PM Modi got choked with emotion and expressed his gratitude towards the police personnel, paramilitary forces and the National Disaster Relief Forces (NDRF) for their work.

  • The memorial has been erected on 6.12 acres of land in Delhi’s Chanakyapuri, at the northern end of Shanti Path.

Source- Times of India

2.

4th Edition of NITI Lecture Series to be held on 22nd October, 2018 Theme: “AI for ALL: Leveraging Artificial Intelligence for Inclusive Growth”

  • Prime Minister to attend the Address by Jensen Huang, President and Co-Founder, NVIDIA Corporation

  • Union Budget-2018 mandated NITI Aayog to come up with a national programme on employing Artificial Intelligence towards national development. NITI has, since, published a National Strategy for Artificial Intelligence.

  • NITI- National Institution for Transforming India.

  • NITI Aayog Vice-Chairman- Rajiv Kumar, CEO- Amitabh Kant.

Source- Press Information Bureau

3.

India’s first luxury cruise has everything from underwater suites to infinity pool: A glimpse inside Angriya

  • The Angriya cruise ship will make four trips a week between Mumbai and Goa. It will start at 4.30pm on alternate days from Mumbai and reach Goa around 8am the next day. There will be no halts in between.

  • Angriya, India’s first luxury cruise ship, is all set for its inauguration on October 20 at Mumbai. Union minister for shipping Nitin Gadkari and Mahrashtra chief minister Devendra Fadnavis will flag-off the cruise which will operate between Mumbai and Goa. The commercial operations will, however, begin from October 24.

  • the first Maratha Navy Admiral Kanhoji Angre and the Angria bank coral reef near Vijaydurg, the luxury ship has 104 rooms, divided into eight different categories.

Source- Hindustan Times

4.

Par panel to examine functioning of EPFO

  • A parliamentary panel will examine the functioning of retirement fund body Employees Provident Fund Organisation (EPFO), its coverage and recovery of arrears.

  • The parliamentary standing committee on labour has also decided to review the implementation of labour laws, social security and welfare scheme for workers.

  • The panel will be headed by BJP MP Kirit Somaiya and has selected a wide range of subjects related to labourers, including the International Labour Organisation conventions binding on India.

Source-Business Standard

5.

India, Japan, U.S. plan joint air exercise

  • India, Japan and the U.S. are set to elevate the bilateral ‘Cope India’ air exercise to a trilateral format. The three countries already conduct naval war games under the expanded Malabar naval exercise.

  • The next edition is scheduled to be held in December for which the Final Planning Conference to finalise the modalities of the exercise is scheduled next week in Kalaikunda [West Bengal], a defence official said.

Source- The Hindu

6.

Four Himalayan peaks named after former PM Atal Bihari Vajpayee

  • Four Himalayan peaks near Gangotri glacier have been named after former Prime Minister Atal Bihari Vajpayee.

  • The peaks are located at 6,557m, 6,566m, 6,160m and 6,100m on the right flank of Gangotri glacier, said Colonel Amit Bisht, principal of Nehru Institute of Mountaineering and leader of the mountain climbing team which recently scaled the newly named peaks.

  • Sabarmati Ghat, Gujrat has been renamed as ‘Atal Ghat’.

  • The new capital of Chhattisgarh, Naya Raipur, has been renamed as ‘Atal Nagar’.

Source-Hindustan Times

OCT 20 – 10- 2018 EVENTS-CURRENT AFFAIRS

1.

Modi, Ranil Wickremesingle discuss India assisted development projects in Sri Lanka

  • Sri Lankan Prime Minister Ranil Wickremesinghe on Saturday held talks with his Indian counterpart Narendra Modi in New Delhi on a range of issues related to bilateral ties, including the progress of India assisted development projects in the island nation.

  • During the visit, the two sides reviewed the status of the India assisted housing projects in Jaffna. They were also expected to deliberate on the Tamil issue — the reconciliation process and devolution of powers in the Tamil-dominated areas.

  • The talks at the Hyderabad House came on the third and final day of the Sri Lankan Prime Minister’s India visit.

Source- The Hindu

2 .

India, Japan, U.S. plan joint air exercise

The 3 countries already conduct naval war games

  • India, Japan and the U.S. are set to elevate the bilateral ‘Cope India’ air exercise to a trilateral format. The three countries already conduct naval war games under the expanded Malabar naval exercise.

  • Cope India was first conducted in 2004 and has grown in scope with the involvement of fighter aircraft and force multipliers such as Airborne Warning And Control System (AWACS), but has been held only intermittently.

  • The level of interoperability in the exercises, both bilateral and trilateral, is expected to go up with India recently signing the Communications Compatibility and Security Agreement (COMCASA) with the U.S.. In addition, there is also commonality of platforms, for instance, all the three Air Forces operate the C-130 transport aircraft.

  • In 2015, it was expanded into a trilateral format with the inclusion of Japan. With increased focus on the Indo-Pacific, the U.S. has been keen on increased engagement in a trilateral format.

Source- The Hindu

3.

World’s longest sea bridge between China-Hong Kong to open on October 24

  • The world’s longest sea bridge Hong Kong-Zhuhai-Macao Bridge will be thrown open for traffic on October 24, the authorities said Saturday.

  • The 55-kilometer-long bridge, situated in the Lingdingyang waters of the Pearl River Estuary, will be the world’s longest sea bridge, state-run Xinhua news agency reported.

  • A government-commissioned study from 2016 estimated that 29,100 vehicles would use the bridge daily, by 2030, which was 12 per cent down from a report written in 2008.

Source- The Indian Express

4.

India’s Decision To Buy S-400 Missile System Will Destabilise Region: Pak

  • India and Russia concluded the $5 billion S-400 air defence system deal early this month.

  • the Foreign Office said the Indian purchase was part of its efforts to acquire a Ballistic Missile Defence (BMD) System through multiple sources.

  • India and Russia concluded the $5 billion S-400 air defence system deal early this month during the visit of President Vladimir Putin to New Delhi for the annual summit with Prime Minister Narendra Modi.

  • The S-400 is known as Russia’s most advanced long-range surface-to-air missile defence system.

Source- NDTV

5.

Indian-American awarded at White House for combating human trafficking

  • An Indian-American woman has been honoured with a Presidential award by US Secretary of State Mike Pompeo for her extraordinary contribution towards combatting human trafficking in Houston.

  • “It was unbelievable,” said Ms Davis after winning the award, the country’s highest honour in the field.

  • Appointed in July 2015, Ms Davis has made a local impact on human trafficking in America’s fourth largest city from a policy-level perspective and by helped in advancing systems change.

Source – NDTV

6.

HDFC Bank Q2 net profit rises 21 pc to Rs 5,005 crore

  • Private sector HDFC Bank Saturday reported a rise of 20.6 per cent in its net profit to Rs 5,005.73 crore for the second quarter ended September this fiscal.

  • The bank had registered a net profit of Rs 4,151.03 crore in the similar July-September quarter of 2017-18.

  • The net interest income (interest earned minus interest expended) for the quarter grew by 20.6 per cent to Rs 11,763.4 crore, driven by average asset growth of 22.9 per cent and a net interest margin of 4.3 per cent, it said.

Source- Business Standard

7.

Mumbai beat Delhi to lift Vijay Hazare Trophy for third time

  • Opting to bowl after winning the toss, Mumbai bowled out Delhi for a paltry 177 in 45.4 overs

  • Later, Tare starred with the bat with an 89-ball 71 that included 13 boundaries and a six

  • Mumbai last won the trophy way back in 2006-07 when they defeated Rajasthan

Source- Times of India

OCT 19- 10 – 2018 EVENTS-CURRENT AFFAIRS

1.

Armies of India and Japan to hold first ever joint exercise in Mizoram

  • Armies of India and Japan will hold their first ever joint exercise from November 1 at a jungle warfare school in Mizoram’s Vairengte with a focus on strengthening counter-terror cooperation, officials said Thursday.

  • The focus of the two-week-long exercise ‘Dharma Guardian” will be to increase interoperability between the two forces and enhance coordination in dealing with various security challenges, they said.

  • Japan Capital: Tokyo, Currency: Japanese yen, Prime Minister: Shinzo Abe.

  • The Indian contingent will be represented by 6/1 Gorkha Rifles while the Japanese contingent will be represented by 32 Infantry Regiment of the Japanese Ground Self Defence Force.

Source- Business Standard

2.

India’s highest tricolour unfurled at Haj House in Mumbai

  • : A big Indian tricolour measuring 20×30 feet and 350 feet above the ground was unfurled at the majestic Haj House here by Union Minister for Minority Affairs Mukhtar Abbas Naqvi on Wednesday, an official said.

  • The flag atop a 20-metre high mast on top of the iconic building near the Chhatrapati Shivaji Maharaj Terminus (CSMT) in south Mumbai is billed as the highest tricolour installed on the terrace of any building of such height in the country.

Source-The New Indian Express

3.

JALANDHAR BOY ARSHDEEP WINS 2018 WILDLIFE PHOTOGRAPHER OF THE YEAR AWARD FOR ‘PIPE OWLS’

  • Jalandhar boy Arshdeep Singh is only 10 years old but has already made our country proud by winning the Young Wildlife Photographer of the Year Award in the category, 10 years and under age. ‘Pipe owls’ is the winning photograph which was clicked outside Kapurthala, Punjab.

  • While going on a birding trip with his father, Arshdeep’s lens spotted the ‘pipe owls’ which was flocked together at the opening of an old waste-pipe. This year’s competition attracted over 45,000 entries from professionals and amateurs across 95 countries out of which Arshdeep bagged Young Wildlife Photographer of the Year.

  • Wildlife Photographer of the Year is a showcase for the world’s best nature photography which is in its 54th year. The competition is run and developed by the Natural History Museum in London, United Kingdom.

Source -India Times

4.

Canelo Álvarez signs richest contract in sport history, worth $365m

  • Canelo Álvarez has signed the largest contract in the history of sport, agreeing a five-year, 11-fight deal worth at least $365m with streaming service DAZN

  • The move comes after DAZN, which only launched in the US in September, looks to exploit a gap in the market after HBO announced it will end its 45-year history of broadcasting boxing at the end of 2018.

Source- The Guardian

5.

RBI announces more steps to increase credit flow to NBFCs

  • The Reserve Bank Friday announced more measures to increase liquidity flows to the non-banking financial companies.

  • The RBI permitted banks to use government securities equal to their incremental outstanding credit to NBFCs, over and above their outstanding credit to them as on October 19, to be used to meet liquidity coverage ratio requirements.

  • This will be in addition to the existing FALLCR of 13 per cent of total deposits, and limited to 0.5 per cent of the bank’s total deposits.

  • Urjit Patel- 24th Governor of RBI, Headquarters- Mumbai, Established on- 1st April 1935, in Kolkata.

Source- Times of India

6.

Europe, Japan send spacecraft on 7-year journey to Mercury

  • European and Japanese space agencies said an Ariane 5 rocket successfully lifted a spacecraft carrying two probes into orbit Saturday for a joint mission to Mercury, the closest planet to the sun.

  • The European Space Agency and the Japan Aerospace Exploration Agency said the unmanned BepiColombo spacecraft successfully separated and was sent into orbit from French Guiana as planned to begin a seven-year journey to Mercury.

Source- Economic Times

7.

Druk Nyamrup Tshogpa to form new govt in Bhutan

  • The Druk Nyamrup Tshogpa (DNT) will form new government in Bhutan. The party has won 30 seats in 47 member National Assembly, the lower house of the parliament.

  • According to the commission 71.46 percent polling was recorded in the third general election. DNT President Dr Lotay Tshering won from South Thimphu constituency with a huge margin and he is set to form the new government.

Source- All India Radio

OCT 18-10-2018 EVENTS-CURRENT AFFAIRS

1.

Bengaluru Just Got India’s 1st Bitcoin ATM, Despite Anti-Cryptocurrency Regulations From RBI

  • The cryptocurrency ATM is the first of its kind in India, they’ve previously existed abroad. It’s been launched by local crypto exchange Unocoin, and meant exclusively for their customers to withdraw or deposit cash.

  • Unocoin and Unodax customers can deposit and withdraw Indian currency from the ATM.

  • In addition, the minimum amount for deposits and withdrawals is Rs 1,000. To withdraw or deposit, all it takes is a confirmation OTP from Unocoin users’ registered mobile numbers. And cash they deposit goes into their Unocoin accounts and can be used to buy Bitcoin, Ethereum, or other crypto coins.

Source- India Times

2.

Govt launches ‘Swastha Bharat Yatra’ campaign to create awareness about safe food

  • The government Tuesday launched a national campaign ‘Swasth Bharat Yatra’ on the World Food Day under which a pan-India cycle rally is being organised to sensitise people about eating safe food and be healthy, FSSAI chief executive Pawan Kumar Agarwal.

  • The Food Safety and Standards Authority of India (FSSAI) is leading this campaign where about 7,500 cyclists are expected to participate in over 18,000 km relay cycle rally travelling across six tracks through almost every state and UT over 100 days to propagate a powerful message ‘Eat Right India’.

  • He said the campaign has been launched by the central government, in association with states, from October 16 on occasion of the World Food Day. The FSSAI is leading this campaign to create consumer awareness about eating safe and nutritious food for becoming healthy.

Source- Times of India

3.

Bihar’s Shahi litchi gets GI tag

  • After Katrani rice, Jardalu mango and Magahi paan (betel vine), Bihars Shahi litchi has got the Geographical Indication (GI) tag and has become an exclusive brand in the national and international market, an official said on Thursday.

  • It has officially become an exclusive brand with the GI tag. We were informed about this positive development on Tuesday. It was a much awaited news for Bihar’s Shahi litchi, said Vishal Nath, Director of National Research Centre on Litchi (NRCL).

Source- Economic Times

4.

Venkaiah Naidu meets Prime Ministers of Greece, Portugal at 12th Asia-Europe Meeting Summit in Brussels

  • Vice President M Venkaiah Naidu has met Prime Ministers of Greece and Portugal in Brussels and discussed ways to boost bilateral ties through greater economic cooperation and people to people exchanges.

  • Tsipras informed the Vice President about the economic conditions of Greece and the efforts taken by the government to restore stability to the financial system.

  • He commended that the growth of the Indian economy over the last few years has had a positive influence on the global economic situation,” the Ministry of External Affairs said in a statement.

  • It asked for a financial rescue by the European Union and International Monetary Fund. Bailouts – emergency loans aimed at saving sinking economies – began in 2010.

Source- First Post

5.

Youth Olympics 2018: Akash Malik grabs Archery silver medal

  • The 16-year-old archer Akash Malik suffered a defeat in the final to USA’s Trenton Cowles 0-6 in the men’s recurve even at the Youth Olympics Games.

  • The 16-year-old suffered a defeat in the final to USA’s Trenton Cowles 0-6 in the men’s recurve event. The archer, who achieved his training at the Army Sports Institute in Pune, started of brilliantly in the final, as he shot a 10 in his first attempt.

Source- The Indian Express

6.

India ranks 58th out of 140 economies on Global Competitiveness Index 2018: WEF

  • According to the Global Competitiveness Report 2018 of World Economic Forum, India ranks 58th, up five places from 2017 out of 140 economies.

  • The country registered the largest gain of any country in the G20.

  • India has demonstrated sizeable improvements over the past year.

  • India currently ranks 108th on the Health pillar and 96th on the Skills field of the index.

Source- The New Indian Express

7.

Khayyam named for Hridaynath Award for lifetime achievement

  • National Award winning music director Mohammed Zahur Khayyam Hashmi, famous as ‘Khayyam’, has been named for this year’s Hridaynath Award for Lifetime Achievement.

  • Instituted by the Hridayesh Arts, the award carries a cash prize of Rs 100,000 and a memento and shall be conferred by Chief Minister Devendra Fadnavis at a function here on October 26 with Culture Minister Vinod Tawde and other dignitaries in attendance.

Source- Business Standard

OCT 17-10-2018 Events-Current Affairs

1.

India, Tanzania sign two MoUs

  • India and Tanzania on Tuesday signed two Memoranda of Understandings (MoUs ) in presence of External Affairs Minister Sushma Swaraj and Tanzanian Foreign Minister Dr. Augustine Mahiga, in the national capital.

  • The agreements were signed following India-Tanzania 9th Session of Joint Commission on Economic, Technical and Scientific Cooperation in New Delhi.

  • The MoUs are between Foreign Service Institute of India and Centre for Foreign Relation, Tanzania and National Research Development Corporation and Tanzania Industrial Research and Development Corporation.

  • External Affairs Ministry spokesperson Raveesh Kumar said, comprehensive discussion held on stepping up cooperation in trade and investment, defence and security, development partnership, Science and Technology, oil and natural gas, culture and people-to-people relations.

  • Tanzania Capital: Dodoma, Currency: Tanzanian shilling

Source-Business Standard

2.

6th Meeting of the UAE – India High Level Joint Task Force on Investments

  • The sixth meeting of the UAE – India High Level Joint Task Force on Investments (‘the Joint Task Force’) was held today in Mumbai to review the progress being made in addressing the agreed actions of the previous meeting held in Abu Dhabi in January 2018 and to elaborate a number of new key issues of mutual importance.

  • The meeting was co-chaired by H.H. Sheikh Hamed bin Zayed Al Nahyan, Chairman of the Abu Dhabi Crown Prince’s Court, and H.E. Suresh Prabhu, Minister of Commerce and Industry and Civil Aviation, Government of India. Senior officials from both countries also took part in the meeting.

  • The two sides noted the positive outcomes achieved by the Joint Task Force to date, expressed satisfaction at the level of bilateral trade and investment between the two countries, and agreed upon the need to further explore ways to facilitate investment in key Indian and UAE sectors with the potential for economic growth.

  • UAE Capital: Abu Dhabi, Currency: UAE Dirham

Source- Press Information Bureau

3.

Canada Today Becomes the Second Country to Legalize Weed. Here’s What It Can Learn From the First

  • Canada legalized the sale of marijuana for recreational use starting last night. The federal government set a few baseline rules and left others to the provinces. That differs from the U.S., where many states have decriminalized or outright legalized use of marijuana ranging from medical to recreational while the U.S. federal government has turned a blind eye to the whole affair.

  • But because the country uses U.S. dollars, its legal marijuana sellers cannot tap into U.S.-regulated financial systems such as U.S. banks or the major credit card networks, which are forbidden from handling drug money.

  • Canada Capital: Ottawa, Currency: Canadian dollar.

Source-Fortune

4.

BankBazaar appoints former RBI Deputy Governor S S Mundra as advisor

  • Online financial services marketplace BankBazaar Monday said former RBI Deputy Governor (DG) S S Mundra has been appointed as an advisor to the company.

  • Mundra’s expertise will help in driving 100 per cent paperless and presence-less financing by the company in India.

  • BankBazaar Co-Founder & CEO Adhil Shetty said as digital mode is increasingly becoming the preferred way to transact, there is a greater need for collaboration between fin-tech, regulators, and financial institutions.

Source- Business Standard

5.

MJ Akbar Resigns Over #MeToo, His Defamation Case To Be Heard Today

  • MJ Akbar was widely seen to have decided to ignore calls for his resignation after being called out by women who had worked with him.

  • MJ Akbar has been accused by more than a dozen women of sexual harassment

  • Has vehemently denied allegations, filed case against key #MeToo accuser

  • “Appropriate to step down and challenge false accusations”.

Source- NDTV

6.

Milkman sales soar after Man Booker Prize win

  • Belfast-born author Anna Burns has seen sales of her Man Booker Prize-winning novel Milkman grow by ”more than 1,000%” since being shortlisted.

  • The book’s publisher Faber has printed up to 100,000 copies since the award was presented on Tuesday night.

  • it was sold out in a number of book stores in Northern Ireland.

  • It also topped the Amazon UK book chart.

Source- BBC news

7.

H M Pernal gets Vishwa Konkani book award

  • Beeg Ani Beegath’, a collection of short stories in Konkani by well-known writer, journalist and critic H M Pernal has bagged the prestigious ‘Vimala V Pai Vishwa’ Konkani best book award for the year 2018.

  • Konkani poet Sharathchandra Shenoy from Kochi won the Vishwa Konkani best poetry award for his book ‘Idam Na Mama,’ while Vishwanath M Shet from Uttara Kannada bagged the Vishwa Konkani lifetime achievement award.

Source – Business Standard

OCT 16-10-2018 EVENTS-CURRENT AFFAIRS

1

IRCTC gets a new AI-based assistant called ‘Disha’ to help resolve problems

  • IRCTC has launched a new AI-based assistant, Disha for their website. This new assistant will be prompt in answering generic queries about most frequently asked questions on the ticket booking platform.

  • The AI chatbot called Disha is powered by CoRover, a Bengaluru-based startup that owns the platform which is built on artificial intelligence and machine learning. Eventually, the chatbot will also be available on the IRCTC’s Android application.

Source – Business Standard

2.

Uttar Pradesh Cabinet approves renaming of Allahabad to Prayagraj

  • The plan to rename Allahabad was announced by UP Chief Minister Yogi Adityanath during his visit to the city on Saturday

  • The move has been criticised by the Congress party and the Samajwadi Party

  • Congress party said that the change would diminish the importance that Allahabad had in the country’s freedom movement

  • Congress spokesperson Onkar Singh said the region where Kumbh Mela is held is already called Prayagraj.

  • minister Siddhartha Nath Singh said the move will help highlight Indian culture at the international level.

Source- Economic Times

3.

A “Museum on Prime Ministers of India” to be set up in Delhi.

  • A “Museum on Prime Ministers of India” is to be set up in Delhi. Union Minister for Culture Dr. Mahesh and Minister for Housing and Urban AffairsShri Hardeep Singh Puri laid the Foundation stone for proposed Museumat Teen Murti Estate, in New Delhi, today.

  • The Teen Murti Estate” has a total area of 25.50 acres out of which Nehru Memorial Museum Building is occupying an area of 4286 sqm and the Library Building has an area of 4552 sqm, roughly around 2 acres both put together.

  • The Museum Building Complex shall be constructed with a built up area of 10975.36 sqm comprising of basement, ground and first floor with galleries at all the three levels at a cost of Rs.271 crores.”.

Source- Press Information Bureau

4.

Govt hikes GPF interest rate to 8% for Oct-Dec quarter

  • The government has increased the rate of interest for General Provident Fund (GPF) and other related schemes by 0.4 percentage points to 8 per cent for the October-December quarter.

  • The rate is in line with that for Public Provident Fund. The interest rate on GPF was 7.6 per cent for the July-September quarter of 2018-19.

  • The interest rate would apply on Provident Funds of central government employees, railways and defence forces.

Source- Indian Express

5.

Nimesh Shah elected as AMFI chairman

  • Nimesh Shah , MD & CEO of ICICI Prudential Asset Management Company, was on Friday elected the chairperson of the fund industry trade body AMFI. Kailash Kulkarni, CEO, L&T Mutual Fund continues to be the Vice Chairperson.

  • As per AMFI data, the Indian mutual fund industry manages nearly 21 lakh crore of assets (Average AUM July-Sept 2018)

  • For his remarkable contribution, Shah was conferred with the India Asset Management CEO of the Year – 2014 by Asia Asset Management. Recently, Global Banking & Finance review honored him with the Best Asset Management CEO India – 2017.

Source- Economic Times

6.

Govt appoints chief of child rights body

  • National Commission for Protection of Child Rights has got a new chief with the appointments committee of the cabinet appointing Priyank Kanoongo to the post for a period of three years.

  • Kanoongo has been member of the commission from November 2015 and his tenure as member ends next week.

  • Kanoongo will be the fifth NCPCR chief since the commission was formed.

  • Kanoongo comes from MP and was assigned to work on education when he was appointed member as he had worked on re-integration of out of school children with mainstream education.

Source- Times of India

7.

Youth Olympics 2018: Suraj Panwar wins India a silver

  • 18-year-old Suraj Panwar became the only Indian athlete to finish on the podium with a silver medal in the men’s 5,000 m race walk in the Youth Olympic Games in Buenos Aires.

  • Last year, Panwar won the bronze medal in the 10,000 m walk in the Junior National Athletics Championship in Vijaywada and this year, he won the gold medal in 1,000 m race walk event in U-20 category in Junior Federation Cup in April before winning the silver medal in Asian Qualification meet in Bangkok.

Source- INDIAN Express

OCT 15-10-2018 Events-Current Affairs

1.WPI inflation rises to 5.13% in September

  • India’s wholesale price inflation (WPI) surged to 5.13% in September from 4.53% in August, data released by the commerce and industry ministry on Monday showed.

  • It was 3.14% in September last year.

  • Data released last week showed a moderate rise in India’s retail inflation to 3.77% in September from 3.69% in the previous month.

Source- Economic Times

2.Sikkim becomes world’s first organic state, wins Oscar for best policies by UN

  • The Indian state of Sikkim just achieved the feat of being the world’s first organic state and has been awarded UN Future Policy Gold Award 2018, also known as Oscar for best policies, beating 51 nominated policies from 25 different countries.

  • The award recognises the policies adopted by the state starting with a political commitment to support organic farming in 2003 that led to the 2010 Sikkim Organic Mission.

  • Sikkim beat 51 other nominees from around the world for the award. Brazil, Denmark and Quito, Ecuador, shared the Silver award.

  • UN Food and Agriculture Organisation Headquarters in Italy, Rome.

Source- INDIA Today

3.Sultan of Johor Cup 2018: India lose to Great Britain but reach final

  • India conceded a 2-1 lead to lose 2-3 to Great Britain in their last Round Robin stage match of the 8th Sultan of Johor Cup 2018.

  • India will face Great Britain once again in the final on Saturday in Johor Bahru, Malaysia.

  • India qualified for the final with 12 points while Great Britain had 10 points, having won three of their five matches.

Source- India today

4.Leander Paes lifts Santo Domingo Open trophy

  • Indian tennis legend Leander Paes won his second Challenger-level title of the season, lifting the Santo Domingo Open trophy with partner Miguel Angel Reyyes-Varela yesterday.

  • The second-seeded Indo- Mexican pair, playing its second consecutive final, came from behind to beat Ariel Behar and Roberto Quiroz 4-6, 6-3, 10-5 in the summit clash, which lasted one hour and 26 minutes in Santo Domingo, the capital of Dominican Republic.

  • The capital of Dominican Republic: Santo Domingo, Currency: Dominican Peso

source- ALL INDIA RADIO

5.India International Silk Fair -2018 begins in New Delhi on 16th October

  • Union Minister of Textiles, Smriti Zubin Irani, will inaugurate the 6th edition of India International Silk Fair (IISF) in New Delhi on October 16, 2018. Minister of State for Textiles, Ajay Tamta will also be present on the occasion.

  • India is the 2nd largest producer of silk in the world. The silk industry is agriculture based and labour intensive and provides gainful employment to around 8 million artisans and weavers in rural areas.

Source- Press Information Bureau

6.Govt announces Rs 100 crore award for states completing household electrification early under Saubhagya scheme

  • Government has announced 100 crore rupee award for states that would complete the household electrification early under the Saubhagaya scheme. Apart from discoms, employees would also collectively get 50 lakh rupees award for completing the task of electrifying households under the scheme which was launched by Prime Minister Narendra Modi in September last year.

  • The states are Gujarat, Punjab, Goa, Andhra Pradesh, Haryana, Kerala, Tamil Nadu and Himachal Pradesh.

Source- All India Radio