NATIONAL
UPDATES:
1. 6th meeting of NDMA held : Prime Minister Narendra Modi
chaired the sixth meeting of National Disaster Management Authority (NDMA) at
New Delhi on 18 October 2018.NDMA is an agency of the Ministry of Home Affairs NDMA
was established through the Disaster Management Act enacted by the Government
of India in may 30 2005.The Prime Minister is the ex-officio chairperson of
NDMA.
2. Haryana to form GST Appellate
Tribunal : Haryana Government has decided to constitute State Bench of Goods and
Services Tax Appellate Tribunal in Hisar for speedy settlement of matters
related to Goods and Services Tax (GST).The State Government would soon send
its request to the Central Government.Central GST Act, 2017 provides that the
Central Government would constitute an Appellate Tribunal known as GST
Tribunal.
3. Festival to promote organic
farming : The Women and Child Development Ministry will organise the fifth edition of
the ‘Women of India Organic Festival’ in Delhi.It will be held from 26 October 2018
to 4 November 2018.The move aims to empower women to boost organic culture and
promote women organic farmers and entrepreneurs.Women entrepreneurs would be
coming together from across the country with their organic products
4. Arshdeep won 2018 Wildlife
Photographer award : Arshdeep Singh is among the winners of the 2018 Wildlife Photographer of
the Year award in the 10-years-and-under category.He won the award for
his ‘Pipe Owls’ photograph.The Wildlife Photographer of the Year
competition is organised by the Britain’s Natural History Museum.Arshdeep
recently won the Junior Asian Wildlife Photographer of the Year award.
5. Assam celebrated Kati Bihu
festival : Assam’s third Bihu festival, known as Kati Bihu or Kongali Bihu, was
celebrated across the state on 18 October 2018.The other two Bihu festivals are
the Rongali and Bohagi Bihu.The festival is held at this time of the year since
the granaries of the farmers usually remain empty and therefore it is known as
Kongali (poor) Bihu.
6. Two apps launched by North
Central Railways : The North Central Railways (NCR) launched two apps – ‘NCR RASTA’ (Railway
assets Summarised Tracking Application) and ‘Yatri RASTA’ (Railway Approach to
Station Tracking Application).The ‘NCR RASTA’ app is for the use of railway
officers and staff and has the exact mapping of all railway assets.The ‘Yatri
RASTA’ app will allow the general public to locate the railway stations easily.
INTERNATIONAL
UPDATES:
1. China to launch three
artificial moons : China will launch three artificial moons in space in 2022.The artificial or
man-made moon is a satellite carrying a huge space mirror, which can reflect
the sun light to the Earth.The man-made moon is expected to be put on an orbit
within 500 km from the Earth.Man-made moon is especially useful in civil area.
2. Indo-Japan Joint Exercise:
Dharma Guardian : India and Japan will hold the first-ever joint military exercise ‘DHARMA
GUARDIAN-2018’.The exercise will be held at Counter Insurgency Warfare School,
Vairengte, Mizoram from 1 November to 14 November 2018.The Indian contingent
will be represented by 6/1 Gorkha Rifles.Japanese contingent will be
represented by 32 Infantry Regiment of the Japanese Ground Self Defence Force.
OTHER
UPDATES:
BUSINESS/ECONOMY:
1. Anti-dumping duty on China steel products : India has imposed anti-dumping duties of up to US$
185.51 per tonne for five years on certain varieties of Chinese steel.This will
guard domestic manufacturers from cheap imports from China.The revenue
department imposed the duty based on recommendations of the Directorate General
of Trade Remedies (DGTR).
2. Indian household wealth grows modest 2.6% : According
to Credit Suisse Research Institute’s 2018 Global Wealth Report, wealth in
India grew a modest 2.6% and wealth per adult stayed flat at US$ 7,020.By
mid-2018, there were an estimated 3.43 lakh millionaires in India and 3,400
ultra high net worth individuals.Among major countries, India has one of the
highest proportion of female billionaires at 18.6%.
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