October 26, 2018

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NATIONAL NEWS

 

  1. The Union Government constituted a four-member Group of Ministers (GoM) to examine and strengthen the existing legal and institutional frameworks for dealing with matters of sexual harassment of women at the workplace.
    • The Group of Ministers will be headed by Union Home Minister Rajnath Singh.

 

  1. The Minister of Human Resource Development, Prakash Javadekar launched the web portal (sparc.iitkgp.ac.in.) of the Scheme “Scheme for Promotion of Academic and Research Collaboration (SPARC)” in New Delhi.
    • SPARC scheme aims at improving the research ecosystem of India’s higher educational institutions by facilitating academic and research collaborations between Indian Institutions and the best institutions in the world.

 

  1. The Punjab government banned the sale of “cancer causing” weedicide glyphosate.
    • The herbicide is a group 2A cancer causing material and has the potential to damage the human DNA.
    • Punjab was the fourth State after Andhra Pradesh, Telangana and Maharashtra to regulate the sale of herbicide.

 

  1. Mumbai’s METRO INOX is now South Mumbai’s largest cinema and India’s First Rooftop Solar Powered Cinema.
    • It has launched two INSIGNIA screens which are 100% solar powered.
    • It has become the first multiplex in India to join the solar revolution.

 

  1. The Haryana Government introduce the ‘Pashu Sanjeevni Sewa’ scheme to provide free of cost health care services to livestock in the state through mobile veterinary clinics.
  2. Anil Ambani-led shipbuilder Reliance Naval and Engineering (RNEL) launched a 3,000-tonne training ship for the Indian Coast Guard (ICG) named ‘ICGS Varuna’.
    • The ship is a 105-metre long training vessel and is the largest ship ever built for the ICG and has a capacity to accommodate 242 personnel.

 

  1. According to Asian Development Bank (ADB)’s report titled Asian Economic Integration Report 2018, most of the international migrants in 2017 were from India.
    • The number of international migrants were topped by India, followed by China and Bangladesh.
    • India had the most outward migrants in 2017 (17 million), followed by China (10 million) and Bangladesh (7.5 million).

 

  1. According to a Lloyd’s of London’s report – A world at risk- Closing the insurance gap, India has the second largest insurance gap in the world of USD 27 billion (in absolute terms) after China.
    • It was prepared by Lloyd’sand Centre for Economics and Business Research (CEBR).
    • The Netherlands remains the country with the highest insurance penetration at 7.7 per cent, followed by South Korea with 5%.
    • China has an insurance gap of USD 76.4 billion and India has insurance gap of USD 27 billion.

 

  1. International Air Transport Association (IATA) stated that India will become the world’s 3rd largest aviation market around 2024 surpassing the United Kingdom.
    • India is at present, the world’s 7th largest aviation market.

  1. The incidence of breast cancer is 25.8 per 100,000 women and is expected to rise to 35 per 100,000 women in 2026, according to the Ministry of Health and Family Welfare.
    • The proportional prevalence in younger age-groups in India is higher than the global average.
    • Indian breast cancer patients are younger with an average age of diagnosis of 46.2 years.
    • Nearly 48% are diagnosed in the premenopausal age, which implies a more aggressive disease and negative effect on the overall prognosis and disease burden.

 

  1. Indian Army is set to create new positions – Third Deputy Chief of Army Staff and a Director General of Strategic Communications.
    • The Army currently has two Deputy Chiefs, one for information systems and training and another for planning and systems.

 

  1. Scientists and researchers from the National Centre for Biological Sciences (NCBS) in Bangalore have come up with a new citizen-science repository on Indian mammals, called Mammals of India (MaOI).
    • It is an online, peer-reviewed, freely-accessible portal.
    • As per current estimates, 426 species of mammals are found in India; of them 47 species are endemic to the Indian sub-continent.
    • This citizen-science initiative has seen photographs of rare species — such as Red Serow from Manipur, Asian Golden Cat from Arunachal Pradesh and Binturong, also known as bear cat from East Kameng in Arunachal Pradesh.

 

BANKING AND ECONOMY

 

  1. Kerala Infrastructure Investment Fund Board (KIIFB) is going to issue masala bonds worth 5,000 crore to mobilise funds for various development works.
    • KIIFB has appointed Standard & Poor’s and Fitch Ratings for rating the masala bonds issue.
    • The bonds will be listed in London and Singapore stock exchanges.
    • The funds will be raised in tranches over a period of 10 years.
    • KIIB is Kerala government-owned financial institution.
    • Its mandate is to mobilize funds for infrastructure development from outside state revenue.
  1. National Stock Exchange of India (NSE) got regulatory approval from SEBI to launch copper large futures contract.

 

 

APPOINTMENTS

 

  1. Sahle-Work Zewde has been appointed as the First President of Ethiopia.

 

 

AWARDS

 

  1. Union Government (Ministry of Culture) has announced winners of Tagore Award for Cultural Harmony for year 2014, 2015 and 2016.
    • 2014: Rajkumar Singhajit Singh. He is Manipuri dancer.
    • 2015: Chhayanaut. It is cultural organization of Bangladesh established in 1961.
    • 2016: Ram Vanji Sutar. He is renowned sculptor.

 

  1. India has won Commonwealth Association for Public Administration and Management (CAPAM) Award, 2018.