National News
1. Nirmala
Sitharaman in Russia to attend Moscow Conference
i. Defence Minister Nirmala Sitharaman is in Russia to attend the 7th Moscow
Conference on International Security. This is her first visit to
Russia in her capacity as the Defence Minister.
ii. During her three-day tour, she will meet her Russian counterpart Army General Sergei Shoigu and other senior leaders.
Static/Current
Takeaways Important for NABARD Grade-A Exam 2018-
Russia
Capital- Moscowb Currency- Russian ruble, President- Vladimir Putin.
2. West
Bengal Introduces 'Rupashree Scheme’ for Marriage of Poor Girl
i. The state government of West Bengal
introduced a new scheme called ‘Rupashree’ in order to
provide marriage assistance to girls coming from economically weaker families
with a budgetary allocation of Rs 1500 crore.
ii. The scheme proposes to extend one-time financial assistance worth Rs 25,000
to the family of th whose annual income
is up to Rs 1.5 lakh.
Static/Current
Takeaways Important for NABARD Grade-A Exam 2018-
West Bengal
CM- Mamata Banerjee, Governor- Keshri Nath Tripathi.
3. World-Class
Tourist Amenities Unveiled at Konark Sun Temple
i. A
world-class interpretation centre and other tourist facilities
for visitors were inaugurated at the Konark Sun Temple, Odisha.
ii. It coincided with Utkal Diwas, Odisha's foundation day. The facilities
were inaugurated by the Union
Petroleum Minister Dharmendra Pradhan.
Static/Current
Takeaways Important for NABARD Grade-A Exam 2018-
>Konark Sun Temple is a UNESCO World Heritage
Site.
>It was built in the 13th century.
4. E-Way
Bill for Inter-State Movement of Goods Comes into Force
i. With the beginning of the financial year 2018-19, the e-way Bill System for Inter-State movement of goods comes
into force.
ii. Under this system businesses and transporters have to produce before a
GST inspector e-way bill for moving goods worth over Rs 50,000 from one state
to another.
Ranks & Reports
5. India
Ranks 37th in Global Startup Ecosystem: Startupblink Report
i. According to report released by global startup ecosystem map Startupblink, India was
ranked 37th out of 125 countries in global startup ecosystem in
2017. Startupblink is a global startup ecosystem map with tens of thousands of
registered startups, coworking spaces, and accelerators.
ii. The list, measuring startup ecosystem strength and activity, was topped by the United States followed by the United
Kingdom.
6. Bloomberg
Billionaires Top 100 Index Released
 |
| Mukesh Ambani |
i. Reliance
Industries Chairman and Managing Director Mukesh Ambani has been ranked 19th on
Bloomberg Billionaires Top 100 Index as he becomes the third
richest Asian on the list. With a net worth of
approximately $38.3
billion, Ambani’s wealth is pegged at about over 1.5
percent of India’s GDP.
ii. While Amazon CEO Jeff Bezos has added $21.8
billion to his fortunes this year and takes the top spot, Microsoft founder Bill Gates was ranked 2nd.
iii. From Asia, Alibaba
co-founder Jack Ma (ranked 13th) is the richest with a net
worth of $47.2 billion and is followed by Tencent
co-founder and CEO Pony Ma (17) with a $41.1 billion net
worth.
Business News
7. Ola
Acquires Ticketing App Firm Ridlr
i. Ride-hailer Ola has acquired Mumbai-based
Ridlr, an end-to-end public transport ticketing and
commuting app. The acquisition will complement Ola’s efforts to integrate its
mobility platform with public transportation infrastructure.
ii. Founded in 2012, Ridlr enables users to search and book public transport
options on their mobile phones.
Static/Current
Takeaways Important for NABARD Grade-A Exam 2018-
Headquarter of Ola is in Bangalore, Karnataka.
CEO of Ola is Bhavish Aggarwal.
8. SoftBank
Signs $930 million Deal to Set Up Solar Venture in India
i. SoftBank has signed a
$930-million deal with China's energy conglomerate Golden Concord (GCL) to produce and sell solar equipment in India.
ii. GCL will invest for a 40% stake in the joint venture, with SoftBank
taking the rest. The project will have a 4 gigawatt-capacity and will produce
solar ingots, silicon wafers, batteries, and components.
Static/Current
Takeaways Important for NABARD Grade-A Exam 2018-
Chairman & CEO of Soft Bank- Masayoshi Son, Headquarters Tokyo, Japan.
