Current Affairs Current Affairs October 2018

 IDFC Bank proposed to change its name to ‘IDFC First Bank Ltd’ in the wake of its amalgamation with the non-banking financial company Capital First. The decision was taken during the meeting of the Board of Directors of IDFC Bank. The proposal now needs the approval of the Reserve Bank of India (RBI). It would further require the approvals of statutory or regulatory authorities including the Registrar of Companies, Shareholders and other Stakeholders.
Source- The Indian Business Line

 Russia has successfully launched a Soyuz-2.1B rocket for the first time since the failure of a similar rocket aborted a manned take-off to the International Space Station (ISS). According to Russia’s space agency chief Dmitry Rogozin, this was the first launch of a rocket from the Soyuz family since the October 11 accident.
Source- AIR World Service

  Ethiopia appointed diplomat Sahle-Work Zewde as its first-ever female President.The position of the President is largely ceremonial in the nation. Zewde was appointed by the Ethiopian lawmakers through a unanimous vote. She would be replacing Mulatu Teshome Wirtu. Prior to her appointment, she was serving as the UN’s top official at the African Union.
Source- The Hindu

 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. The other members of the group will include Road Transport and Highways Minister Nitin Gadkari, Defence Minister Nirmala Sitharaman and Women and Child Development Minister Maneka Gandhi.
Source- Business-Standard

 The Tagore Award for Cultural Harmony for the years 2014, 2015 & 2016 is being conferred on the doyen of Manipuri dance Sh. Rajkumar Singhajit Singh (For 2014); Chhayanaut (a cultural organization of Bangladesh, for 2015) and on one of India’s greatest sculptors, Sh. Ram Vanji Sutar (for 2016). The chairman of the Jury was Prime Minister Narendra Modi and the jury comprised of the Chief Justice of India, Justice Ranjan Gogoi.
Source- Press Information Bureau (PIB)

 Life insurer PNB Metlife has unveiled an Artificial Intelligence (AI)-powered customer service app ‘Khushi’. The app is designed to be a one-stop shop providing insurance-related information, anytime, anywhere, such as policy features, premium due details besides providing fund value and portfolio details. It has the ability to understand customer intent and provide tailored responses.
Source- The Hindu

 The Minister of Human Resource Development, Prakash Javadekar launched the web portal (www.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. The Salient Features of  SPARC is that it will improve research ecosystem of  India’s higher educational institutions by facilitating academic and research collaborations between Indian Institutions and the best institutions in the world from 28 selected nations.
Source- Press Information Burau (PIB)

 The President of India, Ram Nath Kovind, inaugurated the International Arya Mahasammelan – 2018 in Delhi. Mahasammelan discussed on the issues such as prevention of superstition, modernization, women empowerment, tribal welfare, and management of natural calamities.
Source- Press Information Bureau (PIB)

 The Global Agriculture Leadership Summit 2018 opened in New Delhi. The theme of the 2-day summit is, ‘Connecting Farmers to Market’. The summit was inaugurated by the Secretary Agriculture and Co-operation, Sanjay Agrawal. In the meeting, several issues to double farmers’ income by 2022 were discussed. Pioneer of India’s green revolution Professor M S Swaminathan was also present on the occasion.
Source- Press Information Bureau (PIB)

 UNESCO MGIEP(Mahatma Gandhi Institute of Education) in association with Government of Andhra Pradesh announces TECH 2018, an international conference which aims to showcase the role of games and digital learning in enabling a shift from “transmissive pedagogies” to “transformative pedagogies” to create peaceful and sustainable societies. The three-day event will be held from 15-17 November 2018 at Novotel, Vizag City, Andhra Pradesh, India. UNESCO MGIEP is the first UNESCO the first category 1 institute in the Asia-Pacific region focused on mainstreaming socio-emotional learning in education systems.
Source- Business Standard


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