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Current Affairs 24th October 2018

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Imran Khan vowed to hold peace talks with India

Pakistani Prime Minister Imran Khan vowed to hold peace talks with India after elections in the neighbouring country. He made the announcement in a speech at an investment conference, where he launched a charm offensive targeting investors as Pakistan seeks to secure funds amid a balance of payment crisis.

Indian Navy won the 14th PMC Bank all India Guru Tegh Bahadur Gold Cup hockey tournament

Indian Navy (Mumbai) won the 14th PMC Bank all-India Guru Tegh Bahadur Gold Cup hockey tournament at the Mahindra Stadium at Mumbai, Maharashtra. Indian Navy (Mumbai) beat Central Secretariat (New Delhi) and secured 2-1. The winner was awarded Rs.2 lakh and the runner-up, Rs.1 lakh. Result: Indian Navy (Mumbai) 2 (Suman Kindo, Jugraj Singh) bt Central Secretariat 1 (Jayesh Jadhav).

Xi inaugurated world longest sea bridge

Xi Jinping, Chinese President inaugurated a 55-km, world’s longest sea-crossing bridgeHong Kong-Macau-Zhuhai Bridge (HMZB). It will deepen the integration of Hong Kong and Macao with the rest of China. The world’s longest sea-crossing bridge will be at the heart of an integrated Greater Bay Area (GBA) covering 11 major neighbouring cities, which include Hong Kong, Macao, Guangzhou and Shenzhen. The giant GBA comprises of 68 million people. The bridge has been built to withstand super-typhoons, a magnitude 8 earthquake, as well as hits by super-sized cargo ships. A 6.7 km underground sea tunnel to allow the uninterrupted flow of shipping above, along with the super-busy Pearl River Delta, is also part of the bridge’s design. In the end, it will cut the travel time between the three cities from three hours to just 30 minutes. It took about a decade to build the $20 billion bridge.

SC announced ban on toxic and loud firecrackers

Supreme Court judgment declared a ban on toxic and loud crackers during Deepavali. The ban has been declared to avoid the air pollution caused due to the burning of firecrackers which in turn deterioration of air quality. The Bench acknowledges that there is a necessity to tackle the other contributory factors for air pollution. Unregulated construction activity which generates a lot of dust and crop burning in the neighbouring States are the two other major reasons. Vehicular pollution is also another cause.

HC asked State government to hold elections to gram panchayats in 3 months

Justice M.S. Ramachandra Rao of the Hyderabad High Court passed an order directing the Andhra Pradesh government to hold elections to gram panchayats within three months. This is after the writ petition filed by some former sarpanches seeking to declare the appointment of special officers to gram panchayats as unconstitutional and arbitrary. In its order. Hyderabad High Court said that the special officers appointed through GO 90 can be allowed to continue for three months. Chief Minister N. Chandrababu Naidu said in Visakhapatnam that the government is ready to hold the elections. But the delay in conducting the election is due to issues relating to reservation.

Suresh Nambath appointed as the next Editor of The Hindu

The board of directors of The Hindu Publishing Group appointed senior journalist Suresh Nambath as editor of The Hindu. His appointment with be effective from March 1, 2019. He will succeed Mukund Padmanabhan, who has been an editor since March 2016.

Paul Biya won 7th term as President of Cameroon

He won the 7th term as President of Cameroon. He has been ruling Cameroon since 1982. He is 85 years old.

M.S.Swaminathan receiving the first World Agriculture Prize

M.S.Swaminathan, an Agricultural scientist, will be receiving the first World Agriculture Prize instituted by the Indian Council of Food and Agriculture (ICFA) in New Delhi. The award carries a cash component of $1,00,000. The prize will be presented by Vice-President Venkaiah Naidu at Vigyan Bhawan at a special session, named Swaminathan Global Dialogue on Climate Change and Food Security organised by the Indian Council of Food and Agriculture. Prof.Swaminathan has been hailed by the United Nations Environment Programme (UNEP) as ‘The Father of Economic Ecology’. He is Recognised worldwide for his basic and applied research in genetics, cytogenetics, radiation and chemical mutagenesis, food and biodiversity conservation. He is been awarded for his commitment towards the ever-green revolution movement in agriculture.

Haryana girl Nishtha Dudeja won Miss Deaf Asia 2018 crown

She is the first Indian to have won any title at the Miss Deaf World Pageant. She is the brand ambassador for Sivantos India Pvt Ltd. (Formerly Siemens hearing Instruments Pvt Ltd.), the world’s leading brand of hearing aids.

Federation opposes Higher Education Commission of India Bill

Members of All India University Employees Federation have demanded that the University Grants Commission (UGC) be continued. The federation had strongly opposed the Union government’s draft Bill on setting up a Higher Education Commission of India (HECI). There are issues with the existing UGC that need to be addressed but not by replacing it with another body. The federation is to discuss the HECI Bill at the All India University Employees Confederation’s 13th conference to be held at Professor Jayashankar Telangana State Agricultural University from October 26 to October 28.

Vice President Venkaiah Naidu confers Lal Bahadur Shastri award on Fali Nariman

The award has been institutionalized in the name of Lal Bahadur Shastri, the 2nd Prime Minister of India and a senior leader of the Indian National Congress political party. About Vice President Venkaiah Naidu Muppavarapu Venkaiah Naidu is an Indian politician and the current Vice-President of India, in office since 11 August 2017. He served as the Minister of Housing and Urban Poverty Alleviation, Urban Development and Information and Broadcasting in the Modi Cabinet. A prominent leader of the Bharatiya Janata Party, he also served as its national president from 2002 to 2004.

Indian banks profitability weaker than BRICS peers, to improve next fiscal: Moodys

Moody’s Investors Service in its report stated that the profitability of Indian banks is “distinctively weak” compared to the other BRICS nations. In India, the system-wide asset quality is weak due to stressed public sector banks, which dominate the sector. Indian banks have a tangible common equity ratio of 8.7 percent at the end of 2017. It is unprofitable and has a negative ROA due to high credit costs at dominant state-owned banks.

NASSCOM partnered with Hiroshima for Japan-India IT corridor in Hiroshima

Indian IT industry’s apex body National Association of Software and Services Companies (Nasscom)entered into a partnership with the Hiroshima government for co-creating a Japan-India IT Corridor in Hiroshima.

More testing centres for diagnosing dengue in Tamil Nadu

Tamil Nadu now has 125 ELISA (Enzyme-Linked Immunosorbent Assay) testing centres for diagnosing dengue in government medical college hospitals and district and sub-district hospitals. Earlier there were 31 centres. Health Minister C.Vijaya Baskar said that the rain in Tamil Nadu, there was a slight increase in fever cases in the State. Rapid Response Teams were formed at the taluk level in every district. If more than three persons reported with fever in any area, these teams would identify the cause for fever and take preventive measures. Special fever camps would also be held. The Minister flagged off 82 mobile medical teams and rapid response teams and held an awareness meeting with members of Indian Medical Association, Indian Academy of Paediatrics, owners of hotels, theatres, traders, heads of schools and colleges and Chennai Corporation officers on preventive measures for dengue and H1N1 influenza.

Seven hundred and twenty eight crores capital infusion to Syndicate Bank from government

Public sector Syndicate Bank announced capital infusion of Rs 728 crore from the government in lieu of preferential allotment of shares. The government in its October 17th order issued that it would infuse Rs 728 crore to Syndicate Bank against preferential allotment of equity shares during 2018-19.

TCS is the only Indian Firm Among Top 10 To Get Foreign Labour Certification

Tata Consultancy Services (TCS) is the only Indian company among top 10 firms to get foreign labor certification for the H-1B visas for the fiscal year 2018, according to data from the US Department of Labour. London-headquartered Earnest and Young, a multinational professional services firm, has emerged as the top employer to have received the certification. The H-1B visas are the most sought-after among Indian IT professionals.

DANISA Denmark Open 2018: Complete List Of Winners

This tournament was organized by Badminton Denmark, and sanctioned by the Badminton World Federation (BWF) This international tournament was held at Odense Sports Park in Odense, Denmark.

Invest India Won UN Investment Promotion Award

The award was presented by Armenian President Armen Sarkissian to Deepak Bagla, the CEO of Invest India, in Geneva, Switzerland. About Investment Promotion Award The Investment Promotion Awards, organized by UNCTAD, honors Investment Promotion Agencies and their governments for their achievements. The Awards have been given annually since 2002 as part of UNCTAD’s investment promotion and facilitation programme.

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