National News
1. PM
Modi Inaugurates Various Projects in Gujarat: Complete Highlights
i. Prime Minister Narendra
Modi has
inaugurated various projects in Gujarat.
ii. The Various Projects
launched/Inaugurated are as follows:
1. PM was in Anand to
inaugurate a state-of-the-art Amul chocolate plant set up with an
investment of about Rs. 190 crore.
2. PM launched Mujkuva
Solar Energy Cooperative Group created with the assistance of the
National Dairy development Board.
3. PM also inaugurated a take-home
ration plant with production capacity of 600 tonnes per day and
a ready-to use therapeutic food plant with monthly capacity of 600
tonnes along with the incubation center cum center of excellence in food
processing for promoting entrepreneurs and start ups.
4. PM inaugurated the Mahatma Gandhi Museum in Rajkot.
5. PM inaugurated the Mundra LNG terminal, the Anjar-Mundra Pipeline Project and the Palanpur-Pali-Barmer pipeline project, at Anjar.
4. PM inaugurated the Mahatma Gandhi Museum in Rajkot.
5. PM inaugurated the Mundra LNG terminal, the Anjar-Mundra Pipeline Project and the Palanpur-Pali-Barmer pipeline project, at Anjar.
Static/Current Takeaways
Important for NIACL Assistant Mains-
·
Chief Minister of Gujarat- Vijay Rupani.
·
Governor of Gujarat- Om Prakash Kohli.
2. Assam, 1st State To
Launch Wage Compensation Scheme For Pregnant Women In Tea Gardens
i. Assam Government has become the first
Indian state to offer a Wage Compensation Scheme for pregnant women working
in the tea gardens of the state. The scheme will be launched by Assam Chief
Minister Sarbanand Sonowal in Guwahati. The announcement was made by
the state’s Health and Finance Minister Himanta Biswa Sarma.
ii. Under the scheme, an
amount of Rs 12,000 will be given to the pregnant women so that they
can take care of themselves and the unborn baby. The compensation of wages to
pregnant women will be given in 4 instalments - Rs 2,000 in the first
trimester, Rs 4,000 in the second trimester, Rs 3,000 for institutional
delivery and Rs 3,000 for registration of the child's birth.
Static/Current Takeaways
Important for RRB Clerk Mains Exam 2018-
·
Jagdish
Mukhi is the Present Governor of Assam.
·
Dispur
is the Capital city of Assam.
3. Government Constitutes Competition Law Review
Committee
i. In pursuance of
its objective of ensuring that Legislation is in sync with the
needs of strong economic fundamentals, the Government has constituted a Competition
Law Review Committee to review the Competition Act.
ii. The
Committee will be headed by Injeti Srinivas, Secretary of the Union
Ministry of Corporate Affairs. The Competition Act was passed in the year 2002
and the Competition Commission of India was set up in pursuance of the
same.
Static/Current
Takeaways Important for Indian Bank PO Exam 2018-
·
Arun Jaitley is the Present Minister of Corporate Affairs of
India.
4. Sushil Modi-Led GoM To Examine Modalities For 'Calamity Tax' Under GST
i. The Government constituted
a seven-member ministerial panel headed by Bihar Deputy Chief Minister
Sushil Modi to examine modalities for revenue mobilisation in case of natural
calamities and disasters.
ii. The panel would look into
five issues flagged by the Council, including whether the new tax should be
levied only in the state concerned or should it be an all-India levy, and that
should it be on specified luxury or sin goods only.
5. Kolkata Gets
India's 1st Comprehensive City-Level Flood Forecasting and Warning System
FFEWS |
i. Kolkata Municipal
Corporation (KMC) launched
a Flood Forecasting and Early Warning System (FFEWS) for
Kolkata City. It is also India’s first comprehensive city-level FFEWS.
It will reduce economic loss and impacts on livelihood and improve flood
awareness and safety at the community level.
ii. The Asian
Development Bank (ADB) funded the design and implementation of the
FFEWS through a $1 million technical assistance to KMC from
its Urban Climate Change Resilience Trust Fund under the Urban Financing
Partnership Facility.
Static/Current Takeaways
Important for Indian Bank PO Exam 2018-
·
The
Asian Development Bank is a regional development Bank established in
1966.
·
Headquarters
of ADB is in Manila, Philippines.
·
Takehiko Nakao is Present President of the Asian Development Bank.
6.
Maharashtra Tops List Of States With Maximum Average AUM: AMFI
i. According to Association
of Mutual Funds of India’s (AMFI) statistics, Maharashtra tops the
chart for state with the maximum penetration and Assets Under
Management (AUM). Also, as per August, average assets under management
(AUM) of mutual funds rose to an all-time high of Rs 25.2 lakh crore across the
country.
ii. For Maharashtra, it touched
Rs 10.35 lakh crore, about 41.1% of the all-India total. It is followed by
Delhi having Rs 2.35 lakh crore and Karnataka having Rs 1.76 lakh crore.
Static/Current Takeaways
Important for Indian Bank PO Exam 2018-
·
Association
of Mutual Funds of Indian (AMFI) Headquarters in Mumbai.
·
A. Balasubramanian is the present Chairman of AMFI.
7. Goa
And Portugal Inks MoU for Water and Sewage Management
i. The MoU between the Portuguese
Environment Ministry and Goa Public Works Department (PWD) was signed. It will
help Goa manage its water resources better.
ii. The signing of the two-year
long arrangement is a significant move to work in tandem to develop common
initiatives for water supply and wastewater management in the state. The
projects would include:
1. Opa water supply project in
north Goa,
2. Sewage water
treatment plant in Valpoi and
3. Manganese-removal efforts
in Selaulim Reservoir.
Static/Current Takeaways
Important for Indian Bank PO Exam 2018-
·
Goa CM: Manohar
Parrikar, Governor: Smt. Mridula Sinha.
·
Portugal Capital: Lisbon, Currency: Euro.
8.
Odisha CM Naveen Patnaik Inaugurates 3-Day Kalahandi Dialogue
i. The
three day Kalahandi Dialogue, a global conclave on development has been launched by Chief
Minister Shri Naveen Patnaik. Using the platform the Chief Minister launched
several projects for the district of Kalahandi.
ii.
Sujeet Kumar was
the Chairperson of Kalahandi Dialogue. The dialogue aimed to involve youth in
development activities. New PG programmes launched at OUAT and three centres of
excellence were launched.
Static/Current Takeaways
Important for Indian Bank PO Exam 2018-
·
Odisha
Governor: Ganeshi Lal.
·
Simlipal
NP is a national park and a tiger reserve in the Mayurbhanj district, of
Odisha.
9.
Petroleum Minister launches SATAT Initiative
i. Mr. Dharmendra
Pradhan, Union Minister of Petroleum and Natural Gas & Skill
Development and Entrepreneurship launched an innovative initiative titled SATAT (Sustainable
Alternative Towards Affordable Transportation).
ii. This initiative would benefit both vehicle-users as well as farmers and entrepreneurs. It has been launched with PSU Oil Marketing Companies (OMCs) to set up Compressed Bio-Gas (CBG) production plants and make available CBG in the market for use in automotive fuels.
ii. This initiative would benefit both vehicle-users as well as farmers and entrepreneurs. It has been launched with PSU Oil Marketing Companies (OMCs) to set up Compressed Bio-Gas (CBG) production plants and make available CBG in the market for use in automotive fuels.
International News
10. US And Canada Sign
Trade Deal Replacing NAFTA
i.
Canada agreed to sign a trade deal with the United States and Mexico, revamping the North
American Free Trade Agreement (NAFTA) after almost a year of
negotiations. The new deal has been named the United
States-Mexico-Canada Agreement (USMCA).
ii. Under the agreement,
Canada has agreed to export a quota of 2.6 million vehicles to the United
States in the wake of 25% global autos tariffs imposed by the US on
national security grounds.
Static/Current Takeaways
Important for Indian Bank PO Exam 2018-
·
Canada Capital: Ottawa, Currency: Canadian dollar, PM: Justin
Trudeau.
11.
AYUSH Information Cell Set Up At Indian Embassy in Romania
i. Ministry of AYUSH has set up an AYUSH
Information Cell at the premises of the Indian Embassy in Romania to
disseminate authentic information about AYUSH system of medicine and encourage
Ayurveda practice in Romania.
ii. The AYUSH Information Cell,
Romania will help to organise lectures, consultation, conduct seminars,
training courses and facilitate associations of AYUSH stakeholders for
networking conducting meetings, develop awareness of AYUSH system
among public in Romania.
Static/Current Takeaways
Important for RRB Clerk Mains Exam 2018-
·
Romania Capital: Bucharest, Currency: Romanian leu.
Important Days
12. International Translation Day: 30 September
i. 30
September celebrates the feast of St. Jerome, the Bible translator who is
considered the patron saint of translators. The theme for International
Translation Day 2018 is “Translation: promoting cultural heritage in
changing times”.
ii. St. Jerome was a
priest from North-eastern Italy, who is known mostly for his endeavour of
translating most of the Bible into Latin from the Greek manuscripts of the New
Testament. He also translated parts of the Hebrew Gospel into Greek.
13. World Habitat Day 2018: 1 October
i. The United Nations has
designated the first Monday of October of every year as World
Habitat Day. The theme for World Habitat Day 1 October 2018 is Municipal
Solid Waste Management.
ii. World Habitat Day was established in 1985 by the United Nations General Assembly through Resolution 40/202 and was first celebrated in 1986.
ii. World Habitat Day was established in 1985 by the United Nations General Assembly through Resolution 40/202 and was first celebrated in 1986.
14. International Day of Older Persons: 1 October
i. The
International Day of Older Persons is observed on October 1 each year to recognize the
contributions of older persons and to examine issues that affect their lives.
ii. The theme for the 2018 celebration is “Celebrating Older Human Rights champions”.
ii. The theme for the 2018 celebration is “Celebrating Older Human Rights champions”.
Banking/Economy News
15. RBI Slaps Rs 5 Crore
Penalty On Karur Vysya Bank
i. The
Reserve Bank of India has
imposed a penalty of Rs 5 crore on Karur Vysya Bank for
non-compliance of its directives.
ii. According to RBI statement, the penalty was imposed for non-compliance with its directions on "Income Recognition and Asset Classification (IRAC) norms, reporting of frauds, and on the need for discipline at the time of opening of current accounts".
ii. According to RBI statement, the penalty was imposed for non-compliance with its directions on "Income Recognition and Asset Classification (IRAC) norms, reporting of frauds, and on the need for discipline at the time of opening of current accounts".
Static/Current Takeaways
Important for Indian Bank PO Exam 2018-
·
Karur Vysya Bank Headquarters: Karur, Tamil Nadu, MD
& CEO: PR Seshadri.
16. India's External Debt
Declines 2.8% At June-End: RBI
i. As
per the RBI, India's external debt declined 2.8% to USD 514.4 billion at June-end over
the previous quarter on account of a decrease in commercial borrowings,
short-term debt and non-resident Indian (NRI) deposits. At end-June 2018, the
external debt was placed at USD 514.4 billion, recording a decrease of USD 14.9
billion over its level at end-March 2018.
ii. The decrease in the
magnitude of external debt was primarily due to valuation gains resulting from
the appreciation of the US dollar against the Indian rupee and major
currencies. The external debt to GDP ratio stood at 20.4% at end-June 2018, a
shade lower than its level of 20.5% at end-March 2018.
Static/Current Takeaways
Important for Indian Bank PO Exam 2018-
·
Urjit Patel- 24th Governor of RBI, Headquarters- Mumbai, Established
on- 1st April 1935, in Kolkata.
17. Government Cuts Gross
Borrowing Estimate For Current Fiscal By Rs 70,000 crore
i.
Economic Affairs Secretary SC Garg has announced a reduction in gross borrowing estimate for the
current fiscal by 70,000 crore rupees and maintained that the
government will contain fiscal deficit target at 3.3%.
ii. Mr Garg gave the details
about the borrowing programmes for the second half of the fiscal and announced
that the government would be borrowing around 2 lakh 50,000 crore rupees as
compared to 2 lakh 88,000 crores during April-September of 2018-19.
Static/Current Takeaways
Important for RRB Clerk Mains Exam 2018-
·
Arun
Jaitley is the present Finance Minister of India.
Awards
18. Nobel Prize 2018: Nobel
Medicine Prize Goes To James P Allison and Tasaku Honjo
i. The
Nobel Medicine or Physiology Prize has been awarded to James P Allison and Tasaku
Honjo “for their discovery of cancer therapy by inhibition of negative
immune regulation.”. This is for the first time that no
Literature Prize will be given in 70 years because of a #MeToo
scandal.
ii. The Nobel Prize in
Physiology or Medicine was awarded by the Nobel Assembly at Karolinska
Institutet, Stockholm, Sweden.
Static/Current Takeaways
Important for RRB Clerk Mains Exam 2018-
·
Michael
W. Young, Michael Rosbash, Jeffrey C. Hall were the winners of Nobel Medicine
Prize 2017.
Obituaries
19. Veteran Harmonium
Player Pandit Tulsidas Borkar Passed Away
i.
Renowned harmonium player Pandit Tulsidas Borkar passed away in Mumbai. He
was 84. He was being treated for chest infection.
ii. Born in Goa, Borkar made a
name for himself as an accomplished harmonium player and was conferred
with the Padma Shri award in 2016. He was also a recipient of
the Sangeet Natak Akademi Award.
20. Legendary Chicago blues guitarist Otis Rush dies at 84
i. Legendary Chicago
blues guitarist Otis Rush, whose passionate, a jazz-influenced
sound influenced generations of musicians, has died. He was 84.
ii. Otis Rush won a Grammy for
Best Traditional Blues Recording in 1999 for "Any Place I'm
Going." Rush was inducted into the Blues Foundation Hall of Fame
in 1984.
Sports News
21. Yuvraj
Wadhwani lifts Asian Junior Squash title
i.
Yuvraj Wadhwani has
won the 25th Asian junior individual squash championship title. He
defeated Anas Ali Shah of Pakistan in the final in Chennai. Yuvraj
has become the second Indian to win the Under-13 title after
Veer Chotrani, who had won the title in 2014 in Iran. I
ii. India came out of the
championship with a gold, a silver and four bronze medals. The
bronze medals came in the other age categories through Kavya Bansal, Tiana Parasrampuria,
Sanya Vats and Tushar Shahani.