Current Affairs Current Affairs October 2018

 A parliamentary panel will examine the functioning of retirement fund body Employees Provident Fund Organisation (EPFO), its coverage and recovery of arrears. The panel will be headed by BJP MP Kirit Somaiya. The panel has selected a wide range of subjects related to labourers, including the International Labour Organisation conventions binding on India and the measures taken by the government to implement them. Earlier, the panel had suggested that the EPFO shouldact as the sole regulator for all categories of provident funds, particularly private PF trusts.
Source- The Business Standard

 The Prime Minister Narendra Modi announced an annual award in the name of Netaji Subhash Chandra Bose for police and paramilitary forces for commendable contributions in disaster relief operations. He announced this while dedicating the National Police Memorial to the nation in New Delhi on the occasion of Police Commemoration Day (21st October). 
Source- News On AIR

  NITI Aayog has organized the fourth edition of NITI Lecture Series at Vigyan Bhawan, New Delhi. Prime Minister Narendra Modi attended the 4th edition of NITI Lecture series in which the keynote address was delivered by Jensen Huang, President and Co-Founder, NVIDIA Corporation. The theme for this year is “AI for ALL: Leveraging Artificial Intelligence for Inclusive Growth”. Union Ministers, policy makers, experts from different walks of life along with NITI Aayog Vice Chairman, Members, CEO and Senior officials were the part of this occasion. 
Source- Press Information Bureau (PIB)

 Japanese-born Marine biologist Osamu Shimomura, who won the Nobel Prize in chemistry, has died. He was 90. Shimomura and two American scientists shared the 2008 Nobel prize for the discovery and development of a jellyfish protein that contributed to cancer studies.  Shimomura was born in Kyoto in 1928 and studied in Nagasaki, where he survived Aug. 9, 1945, U.S. atomic bombing. After earning chemistry degree in 1951, he moved to Princeton University, where he found the protein from 10,000 jellyfish samples on America’s West Coast.
Source- The Hindu

 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 U.S. had proposed a trilateral air exercise between India, Japan and the U.S. For this, the Cope India exercise will be elevated to a trilateral level in phases. The next edition is scheduled to be held in December 2018 for which the Final Planning Conference to finalise the modalities of the exercise is scheduled in Kalaikunda, West Bengal. 
Source- The Hindu

 Angriya, India’s first luxury cruise ship, has been inaugurated at Mumbai. Union minister for shipping Nitin Gadkari and Maharashtra chief minister Devendra Fadnavis flagged-off the cruise which will operate between Mumbai and Goa. Named after 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. It can accommodate 399 passengers and will have 67 crew members including hospitality and marine crew.
Source-The Hindustan Times

 A UN-backed fund has approved more than 1 billion dollars for 19 new projects to help developing countries tackle climate change. Officials overseeing the South Korea-based Green Climate Fund stated the funding approved at the meeting in Manama includes projects linked to geothermal energy in Indonesia, greener cities in Europe and West Asia, and protection for coastal communities in India.   About the Green Climate Fund:   
  • The Green Climate Fund (GCF) is a new global fund created to support the efforts of developing countries to respond to the challenge of climate change. 
  • It was set up by the 194 countries who are parties to the United Nations Framework Convention on Climate Change (UNFCCC) in 2010. 
  • The Green Climate Fund is headquartered in the Seoul Capital Area of the Republic of Korea. 
Source- AIR World Service

  The Vice President of India, M. Venkaiah Naidu commenced his visit to Belgium to attend the two-day 12th Asia-Europe Meeting (ASEM) in Brussels, Belgium. This was the first multi-lateral summit the Vice President attended after taking office in August 2017. The Vice President also participated in the Plenary Session. On the sidelines of the meeting, VP Naidu held bilateral meetings with the Heads of State/Government from other countries. The 2-day long 12th Asia-Europe Meeting (ASEM) Summit was held in Brussels, Belgium. Indian delegation was led by Mr Venkaiah Naidu. The theme of this years’ ASEM Summit was “Global Partners for Global Challenges”. It was hosted by the European Union and was chaired by the President of the European Council Donald Tusk. The 12th ASEM Agenda for 2018 prioritized issues like, Connectivity, trade and investment, sustainable development, climate change terrorism, migration, maritime security and cyberspace. Vice President of India, M. Venkaiah Naidu also held bilateral meeting with Mr. Alexis Tsipras, the Prime Minister of Greece, Mr. Antonio Costa, the Prime Minister of Portugal and Pedro Sanchez, Prime Minister of Spain in Brussels. 

 Engineering and construction major Larsen & Toubro 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. While 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. 
The Top 3 companies in the List are: 
  • 1. Alphabet 
  • 2. Microsoft
  • 3. Apple. 
  • Source- The Forbes

     Four Himalayan peaks near Gangotri glacier of Uttarkashi district have been named after former Prime Minister Atal Bihari Vajpayee.  Located near Sudarshan and Saifi peaks in Raktvan valley, the peaks have been named Atal-1, 2, 3 and 4. The peaks are located at 6,557m, 6,566m, 6,160m and 6,100m on the right flank of Gangotri glacier. The team, which returned after the climb, had hoisted the national tricolor on each of the peaks.
    Source- Hindustan Times

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