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Current Affairs 18th September 2018

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Kent RO to set up its second manufacturing plant at Noida

Kent RO Systems, a healthcare products firm, is to set up its second manufacturing plant at Noida. For this project, it has invested more than Rs.150 crore. The facility will be ready in 4-5 years. Earlier, Kent RO signed a MoU with the U.P. government to invest Rs.200 crore. Kent is aiming to cross Rs.950 crore revenue during the current fiscal.  Despite its other products like air purifiers, vegetable and fruit purifiers and water softeners besides a few home appliances, the water purifiers contribute more than 85% of the total revenue of the company.
Uttar Pradesh Police to launch first-ever ‘dial-FIR’ scheme
In this scheme, a common man can register regular crimes without going to a police station, by dialing the emergency number UP 100 and file an FIR, a call-based FIR. An e-FIR or dial-FIR scheme is the FIR (first information report) that sets the law into motion and to start investigation. To combat crime, an online dossier of over 1-lakh small and big criminals in the state has also been prepared. UP is the only second state to prepare such a localised online criminal database after Punjab.
Satyarup Siddhanta, Mousumi Khatua scaled Asia’s highest volcanic peak Mount Damavand
Mount Damavand is the highest peak in Iran and also a potentially active volcano. At an elevation of 5609 metres, Mt Damavand is known for its Sulphur discharge near its peak which can cause irreparable damage if exposed for a longer duration. This is the fourth volcanic summit for Siddhanta.
Germany introduced worlds first hydrogen powered train
Germany launched the world’s first hydrogen-powered train. The hydrogen-powered train technology is costlier but eco-friendly. The two bright blue Coradia iLint trains are built by French TGV-maker Alstom. It runs a 100km  between the towns and cities of Cuxhaven, Bremerhaven, Bremervoerde and Buxtehude in northern Germany.  Similar to the range of diesel trains, these trains can also run for around 1,000 km on a single tank of hydrogen, Hydrogen trains are equipped with fuel cells that produce electricity through a combination of hydrogen and oxygen. This process leaves steam and water as the only emissions. As an alternate, excess energy is stored in ion-lithium batteries on board the train. Countries including Britain, the Netherlands, Denmark, Norway, Italy and Canada are planning to introduce the pollution free hydrogen trains.
India gets first ever gender-neutral hostel in Mumbai’s TISS
After the Supreme Court scrapped Section 377 of the Indian Penal Code (IPC) that criminalised homosexuality, India has become the first-ever country to have a gender-neutral hostel. The Tata Institute of Social Sciences (TISS) in Mumbai’s Deonar has become the first campus in India to have a gender-neutral hostel. The hostel has 10 twin-seater rooms that will host transgender, or gender non-conforming students.
Bangladesh govt approved India to use the Chittagong and Mongla seaports
Bangladesh’s Cabinet approved a proposed agreement with India to allow it to use the Bangladesh seaports. The approved agreement will be effective for five years. The agreement would allow India to Chittagong and Mongla seaports for transporting goods to and from the northeastern States.  Only Bangladeshi vehicles may be used as freight transport to move the goods while they are in Bangladeshi territory. India must also follow GATT and Bangladeshi regulations and also pay the customs duties and buy tax equivalent bonds. Any cargos that move through Bangladesh will be monitored by a tracking system. The decision by Bangladesh is a step toward improving the friendly relations between Bangladesh and India.
Hangzhou confirmed as host of 2022 Asian Para Games
Asian Paralympic Committee (APC) confirmed that Hangzhou in China will host the fourth edition of Asian Para Games in 2022. Hangzhou will now be represented at the Closing Ceremony of 2018 Asian Para Games, which will begin in Indonesian capital Jakarta on October 6.
Sri Lanka knocked out of the 2018 Asia Cup
Sri Lanka crashed out of the Asia Cup 2018 after losing the match to Afghanistan by 91 runs, their second biggest defeat in Asia Cup history. Bangladesh and Afghanistan have qualified for the Super Four round from Group B.
Brookfield to buy Ambani’s Reliance gas pipeline for Rs 14,000 crore
Canada based Brookfield Asset Management is set to buy loss-making East West Pipeline Ltd (EWPL), earlier known as Reliance Gas Transportation Infrastructure, for an enterprise valuation of Rs 14,000 crore ($2 billion). In a separate report, Grocery startups BigBasket and Grofers have revived talks for a merger. Flipkart has held talks to buy a stake in Hotstar, to enter Amazon Prime Video, Netflix arena.
Moutaz Mousa Abdallah elected as Sudans new Prime Minister
He will hold the finance portfolio of the country. About Sudan: ♦ Capital: Khartoum. ♦ Currency: Sudanese pound.
Kerala Tourism won two Pacific Asia Travel Association (PATA) gold awards
The awards were presented in Langkawi, Malaysia during PATA Travel Mart 2018. The awards were for the following: ‘Yalla Kerala’: It is  travel advertisement print media campaign in the Gulf countries. For an innovative live-inspired poster of Kerala Tourism featuring a colorful boat and fishermen that could be put up straight as well as upside down.  
Virat Kohli, Mirabai Chanu recommended for 2018 Khel Ratna Award
India cricket captain Virat Kohli and World champion weightlifter Mirabai Chanu were jointly recommended for this year’s Rajiv Gandhi Khel Ratna award – the country’s highest sporting honour. If approved by Sports Minister Rajyavardhan Singh Rathore, Kohli will become the third cricketer to get the Khel Ratna after the legendary Sachin Tendulkar (1997) and the double world cup-winning captain skipper Mahendra Singh Dhoni (2007). Chanu was recommended for the prestigious award following her gold medal in 48kg category at the World Championships last year.
Federal Bank inks MOU With Infopark Kakkanad
The bank meant for leasing space in their campus.  The Bank already obtained in principle approval of the Reserve Bank of India for the creation of a subsidiary company.   
Rajnath Singh inaugurated hi-tech smart fencing under CIBMS
Union Home Minister Rajnath Singh inaugurated the first phase of hi-tech smart fencing of an 11 km stretch on the International Border (IB) in Jammu under Comprehensive Integrated Border Management System (CIBMS) programme.  The smart fencing would provide laser-guided surveillance which will create an invisible electronic barrier on land, water and even in air and underground. This will, in turn, help the Border Security Force (BSF) to detect and foil infiltration bids in the most difficult terrains.  CIBMS has been designed to guard stretches where physical surveillance is not possible either due to inhospitable terrain or riverine borders. The programme is a more robust border management system that integrates modern technology with human resource.
Nepal and China Conducts 2nd JME ‘Sagarmatha Friendship-2018
The 12 day long joint exercise mainly focus on the combating terror and disaster management trainings.  About Nepal Nepal Capital- Kathmandu,  President: Bidya Devi Bnadari.  About China President: Xi Jinping,  Capital: Beijing,  Currency: renminbi.
Time Magazine acquired By Salesforce Founders for $190 Million
The purchase brought Bezos a Pulitzer Prize-winning, 140-year-old newspaper but also put him in the crosshairs of President Donald Trump called the Washington Post an “expensive lobbyist” for Amazon.com. Benioff has a net worth of $6.5 billion, serves as the co-chief executive officer of Salesforce.
Prime Minister Narendra Modi to launch projects worth over 500 crore rupees in Varanasi.
The main projects are to be inaugurated are Integrated Power Development Scheme for Puraani Kashi and an Atal Incubation Centre at the Banaras Hindu University (BHU). He will distribute 500 bee boxes under Honey mission and various electric based machines to the porters and artisans.
WEF reports revealed machines will take over human work by 2025
A report by the World Economic Forum (WEF) said that in less than seven years, by 2025, machines will take over 52% of human works in 12 key industry sectors.  Globally, it is expected that automation will cut their full-time workforce in the next four years. Hence, the new jobs will still lead to a net gain in employment opportunities if sufficient reskilling is done. In India, 54% of employees in these sectors will need reskilling by 2022.  WEF advised governments to prepare safety measures for workers and communities who will be threatened by the new shift in quality and permanency of the new jobs.
PayU India Gets RBI Approval To Operate Its Own NBFC
The main aim of this move is to promote inclusive growth in the country by catering to the diverse financial needs of various segments of the society.  The approval from the central bank is subject to “certain pending RBI compliance”. More about Pay U India  Managing director – Jitendra Gupta. Founded: 2002 Founder:Jose Velez, Martin Schrimpff, Arjan Bakker, Grzegorz Brochocki, Nitin Gupta, Shailaz Nag
State Bank of India appoints Prashant Kumar as CFO
Anshula Kant is promoted as Managing Director of SBI, was the CFO. Kumar was designated as Deputy Managing Director (HR) & Corporate Development Officer of India’s largest bank.
Anna Rajam Malhotra, first Indian woman IAS officer, passed away
Anna Rajam Malhotra, first Indian woman IAS officer after Independence, died in Mumbai on 17th September. She was 91 years old. The officer worked under seven Chief Ministers and at the Central government. Rajaji had cited Ms.Malhotra as an example of progressive women.  The officer served in the Madras State under then Chief Minister C.Rajagopalachari. She also served with Rajiv Gandhi, when as an MP in 1982. She also accompanied former Prime Minister Indira Gandhi on an eight-nation tour and had served in the personnel section of the Union Home Ministry. During her tenure, the construction of India’s first computerised port Nhava Sheva (Jawaharlal Nehru Port) in Mumbai was completed.
Centre to merge Bank of Baroda, Vijaya Bank, Dena Bank
The Centre proposed the merger of state-owned Bank of Baroda, Dena Bank and Vijaya Bank in order to create India’s third-largest bank.  The decision was made during the ministerial panel meeting that oversees merger proposals of state-owned banks. It was headed by Finance Minister Arun Jaitley, The decision is because Dena Bank had been placed under the prompt corrective action framework. The Centre believes that when the weaker bank becomes a merged entity, it will eventually become a stronger entity.
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