National
News
1. India's
1st Cryptocurrency ATM Installed In Bengaluru
 |
| Cryptocurrency ATM |
i. An
ATM for deposit and withdrawal of money for cryptocurrencies has been installed
in Bengaluru's Kemp Fort Mall by virtual currency exchange
Unocoin.
ii. Users can deposit
money to buy currencies like Bitcoin and Ethereum using an OTP received on
their registered numbers. In order to withdraw money, a request has to be first
made on the Unocoin website.
2. Government Launches 'Swastha Bharat Yatra' Campaign
i. The government launched a
national campaign 'Swasth Bharat Yatra' on the World
Food Day (16th October) under which a pan-India cycle rally is being
organized to sensitise people about eating safe food and be healthy.
It was announced by the FSSAI chief executive Pawan Kumar Agarwal.
ii.
The Food Safety and Standards Authority of India (FSSAI) is leading this
campaign where about 7,500 cyclists are expected to participate in over 18,000
km relay cycle rally travelling across six tracks through almost
every state and UT over 100 days to propagate a powerful message 'Eat
Right India'.
3. Muzaffarpur’s Shahi
Litchi Gets GI Tag
i. After huge efforts for a
year, now Shahi Litchi of Muzaffarpur, Bihar has got official
recognition as it receives the geographical indication (GI) tag.
ii. The sweet, pulpy and juicy
Litchi of Bihar is mostly grown in Muzaffarpur, and adjoining areas including
East Champaran, Vaishali, Samastipur, and Begusarai districts. The GI
registration was done in the name of Litchi Growers Association of Bihar, who
had applied for the tag.
Static/Current Takeaways
Important for Indian Bank PO Exam 2018-
·
The
first product to get a GI tag in India was the Darjeeling tea in 2004. There
are a total of 325 products from India that carry this indication.
·
Alphonso
Mango of Maharashtra has recently got the Geographical
Indication (GI) Tag.
International
News
4. 12th
Asia Europe Meeting Summit Begins in Brussels
i.
Vice President M. Venkaiah Naidu is
in Brussels, Belgium to attend the 12th Asia Europe
Meeting (ASEM) summit. Mr Naidu will lead the Indian delegation
at the two-day Summit. The theme of this year’s ASEM Summit is “Global
Partners for Global Challenges”.
ii. ASEM Agenda for 2018 will
prioritize issues related to connectivity, trade and investment,
sustainable development, climate change, terrorism, migration, maritime
security and cyberspace.
Static/Current
Takeaways From Above News For IBPS PO Mains Exam 2018:
·
Belgium
Capital: City of
Brussels, Currency: Euro.
Business News
5. RIL Announces
‘Strategic’ Partnership With Hathway And Den
i.
Mukesh Ambani’s Reliance Industries made it official that it is entering a
strategic investment partnership with Den Networks Limited and Hathway
Cable and Datacom Limited, which will be a ‘win-win’ outcome for
customers, local cable operators, content producers, and the companies.
ii. All you need to know
about the RIL-Hathway-Den strategic partnership:
·
RIL’s
strategic investment in and partnership with Den, Hathway
Cable and Datacom Limited will accelerate JioGigaFiber rollout to 50
million homes across 1,100 cities.
·
RIL
will make the primary investment of Rs 2,045 crore through a
preferential issue under SEBI regulations and secondary purchase of Rs 245
crore from the existing promoters for a 66% stake in Den.
·
The
Mukesh Ambani conglomerate will also make the primary investment of Rs 2,940
crore through a preferential issue under SEBI regulations for a 51.3% stake in
Hathway Cable and Datacom Limited (Hathway).
·
Hathaway
will issue 90.8 crore shares to Reliance Jio at Rs 32.35 per share
·
RIL
also plans to make open offers in DEN and Hathway subsidiaries.
·
Reliance
and Jio aim to strengthen 27,000 LCOs that are aligned with DEN and Hathway.
·
RIL is
being advised by JM Financial Limited, Citigroup Global Markets, Khaitan &
Co, Cyril Amarchand Mangaldas, AZB Partners and EY LLP for the deal.
6. TCS
Displaces Accenture As Largest IT Firm Servicing Banks
i.
Tata Consultancy Services (TCS) Ltd’s quarterly earnings from the financial sector have edged past
that of Accenture Plc, which is nearly double its size, making company the world’s
largest pure-play information technology (IT) and consulting firm
servicing megabanks and insurers.
ii. During the July-September
period, TCS got $2.07 billion in business from banking, financial
services and insurance, or the BFSI sector.
Static/Current Takeaways
From Above News For IBPS PO Mains Exam 2018:
·
N.
Chandrasekaran is the present Chairman of TCS.
7. RBI
Issues Guidelines To Facilitate Payments Among PPI
i. In a move aimed at
promoting digital transactions, the Reserve Bank of India (RBI) has
released operational guidelines to facilitate payments among prepaid
instruments (PPI) such as mobile wallets.
ii.
According to the notification issued by the RBI, inter-operability among mobile wallets,
and between bank account and e-wallet would be enabled through the
UPI system. Currently, a mobile wallet does not allow customers to send
or receive money from a wallet run by another company.
Static/Current
Takeaways From Above News For IBPS PO Mains Exam 2018:
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Urjit Patel- 24th Governor of RBI, Headquarters- Mumbai, Established
on- 1st April 1935, in Kolkata.
Awards
8. Suheil Tandon Wins
International Olympic Committee Award
i. Social Entrepreneur Suheil
F. Tandon has won the International Olympic Committee's
Sport and Active Society Commission's Grant Award for his contribution to
sports for development. Suheil is the Founder of Pro Sports Development
(PSD) and Executive Director of Martha Farrell Foundation.
ii. Worth USD 25,000 each,
these grants are awarded to grassroots organisations running
effective sport for all programmes in different regions across the world.
9. Khayyam
Named for Hridaynath Award for Lifetime Achievement
i. National Award winning
music director Mohammed Zahur Khayyam Hashmi, famous as 'Khayyam', has
been named for this year's Hridaynath Award for Lifetime Achievement.
ii. Instituted by the
Hridayesh Arts, the award carries a cash prize of Rs 100,000 and
a memento and shall be conferred by Chief Minister Devendra Fadnavis.
Books and Authors
10.'Maharana
Pratap: The Invincible Warrior': A Book Authored By Rima Hooja Released
i. A new book on Maharana
Pratap named “Maharana Pratap: The Invincible Warrior” authored
by historian Rima Hooja has been released.
ii. The book narrates the life of Maharana Pratap, the great Rajput warrior and also talks about the famous battle of Haldighati.
ii. The book narrates the life of Maharana Pratap, the great Rajput warrior and also talks about the famous battle of Haldighati.
Ranks and Reports
11. Global Competitiveness
Report 2018: India Ranks 58th, US Tops
i.The
World Economic Forum released
the Global Competitiveness Report 2018. According to the
report, India has jumped five spots to become the 58th most competitive
economy on the Global Competitiveness Index 2018 (GCI 4.0).
ii.
The United States ranked number one again with a score of 85.6. India
ranked highest among South Asian countries with a score of 62.0. Sri Lanka was
ranked 86, Bangladesh 103, Pakistan 107 and Nepal 109. As for the BRICS
nations, China topped the list at 28th position with a score
of 72.6 followed by Russian Federation, India, South
Africa and Brazil respectively.
iii. The Top 3 countries on
the Index are:
1. US,
2. Singapore,
3. Germany,
Sports News
12.
Youth Olympic Games 2018: Akash Malik Wins India’s Maiden Archery Silver At
YOG
i.
Akash Malik became India’s first silver-medallist in archery at the Youth Olympic
Games, providing a fitting finale to the country’s best-ever campaign at the
marquee event Buenos Aires.
ii. The 15-year-old son of a
farmer lost a one-sided final to Trenton Cowles of the USA 0-6 as India concluded
with three gold, nine silver, and one bronze at the event.
Static/Current Takeaways
Important for Indian Bank PO Exam 2018-
·
Argentina Capital: Buenos Aires, Currency: Argentine peso.
·
Official
Mascot of Youth Olympic Games 2018 is Pandi.
Obituaries
13.
Former Uttar Pradesh Chief Minister N.D. Tiwari Passes Away
i.
Former Chief Minister of Uttar Pradesh and Uttarakhand, N D Tiwari, passed away after a
prolonged stint of hospitalization in New Delhi.
ii. Apart from serving as the
Ministry of External Affairs in the Rajiv Gandhi Cabinet between 1986-87, Mr
Tiwari was thrice elected Chief Minister of Uttar Pradesh in varied stunts
between 1976–77, 1984–85, 1988–89 and was for one term the Chief Minister of
Uttarakhand, between 2002-2007.
Static/Current Takeaways
From Above News For IBPS PO Mains Exam 2018:
·
UP Present CM: Yogi Adityanath, Governor: Ram Naik.
