National News
1. PM
Inaugurates India's 1st Global Mobility Summit
i. Prime Minister Modi inaugurated India's
first Global Mobility summit 'MOVE' in New Delhi. Comprehensive
discussions along 5 themes took place ranging from electrification and
alternative fuels and reinventing public transport. The two-day meet of
stakeholders has been organised by the NITI Aayog.
ii. The summit deliberated on 5 themes, comprehensive: electrification & alternative fuels, reinventing public transport, goods transport & logistics and data analytics and mobility. The main focus of the summit is to make cities of India pollution free.
ii. The summit deliberated on 5 themes, comprehensive: electrification & alternative fuels, reinventing public transport, goods transport & logistics and data analytics and mobility. The main focus of the summit is to make cities of India pollution free.
2. Piyush Goyal Launched 'AAPOORTI' App Of ‘Indian
Railways e-Procurement System’
i. Ministry of Railways & Centre
for Railway Information Systems (CRIS) organised a seminar on “Leveraging
IT for Mobility” in New Delhi.
ii. Minister of Railways & Coal, Shri Piyush Goyal graced the occasion as the Chief Guest. Shri Goyal also launched a new app – “AAPOORTI’ mobile App of ‘Indian Railways e-procurement system’ (IREPS).
ii. Minister of Railways & Coal, Shri Piyush Goyal graced the occasion as the Chief Guest. Shri Goyal also launched a new app – “AAPOORTI’ mobile App of ‘Indian Railways e-procurement system’ (IREPS).
iii.
About Aapoorti (IREPS Mobile App) :
·
This App provides information and data related to
e-tendering and e-auction related activities of Indian Railways.
·
For e-tendering activities, users can see details
related to tenders published, tenders closed, purchase orders placed.
3. 6th
Edition of Bengaluru Space Expo Inaugurated
i. The 6th edition of the biennial Bengaluru Space
Expo was inaugurated by ISRO Chairman Dr.K
Sivan in Bengaluru, Karnataka. The three-day event showcased industry
participation in Indian space programme.
ii. ISRO Chairman Dr K Sivan addressed that the ISRO wants to offer manufacturing of PSLV and small satellite launch vehicles along with small satellites to private industries.
ii. ISRO Chairman Dr K Sivan addressed that the ISRO wants to offer manufacturing of PSLV and small satellite launch vehicles along with small satellites to private industries.
iii. A
sum of 10,400 crore rupees is earmarked for manufacturing of PSLV launch
vehicle out of which 9000 crore rupees worth production will be given to
private industries.
International News
4. 87th
Izmir International Tradeshow Begins in Turkey
i.
India is the Partner Country in the 87th Izmir International
tradeshow which begins in Turkey. In this tradeshow India
will also be launching a mega business pavilion ‘Source India’ hosting
75 Indian companies with the aim of tie-ups in order to increase India’s
exports to Turkey and other neighbouring countries.
ii. The
87th Izmir International tradeshow will be held in Izmir, the third most
populous city in Turkey, after Istanbul and Ankara.
Static/Current
Takeaways Important for Indian Bank PO Exam 2018-
·
Turkey Capital- Ankara, Currency- Turkish
lira, President- Recep Tayyip Erdogan.
5.
India-Sri Lanka Joint Exercise SLINEX-2018 Begins in Sri Lanka
i. Indian navy ships and aircraft have
arrived in Sri Lanka to take part in the joint exercise SLINEX-2018 to
be held with Sri Lankan navy at Trincomalee.
ii. The exercise which was previously held biannually has been converted to an annual event from this year to enhance cooperation in the maritime domain and to further strengthen mutual trust and interoperability between the two navies.
ii. The exercise which was previously held biannually has been converted to an annual event from this year to enhance cooperation in the maritime domain and to further strengthen mutual trust and interoperability between the two navies.
Static/Current
Takeaways Important for Indian Bank PO Exam 2018-
·
Sri Lanka Capitals: Colombo,
Sri Jayawardenepura Kotte, Currency: Sri Lankan rupee, President: Maithripala
Sirisena.
Economy News
6. Monetary
Limit For Filing Cases In DRT Doubled To Rs 20 Lakh
i. The government of India has doubled the monetary
limit to 20 lakh rupees for filing loan recovery application in
the Debt Recovery Tribunals (DRT) by banks and financial
institutions.
ii. As per the Finance Ministry, the move is aimed
at helping reduce pendency of cases in DRTs. There are 39 DRTs in the
country. To make the tribunals more effective and to facilitate fast
disposal of debt recovery cases, the government has made several
amendments in different laws, including the SARFAESI
Act.
Static/Current
Takeaways Important for Indian Bank PO Exam 2018-
·
The Securitisation and Reconstruction of Financial
Assets and Enforcement of Securities Interest Act, 2002 (also known as the
SARFAESI Act) is an Indian law.
·
It allows banks and other financial institution to
auction residential or commercial properties to recover loans.
Sports News
7. ISSF World Championship: Saurabh Chaudhary Clinches Gold
Saurabh Chaudhary |
i. India’s Saurabh Chaudhary continued
his brilliant run of form as he clinched the 10 metres Air Pistol
Junior gold at the International Shooting Sport Federation (ISSF) Shooting
World Championship in Changwon, South Korea.
ii. The
16-year-old produced an impressive show in the final to clinch the gold with a
new junior world record. Arjun Singh Cheema claimed bronze in the same
event.