NATIONAL
UPDATES:
1.India’s first dolphin research centre to come up soon in
Patna : The National Dolphin
Research Centre (NDRC), India’s and Asia’s first, would be set up in Patna
(Bihar).The NDRC is likely to be set up next month on the banks of the Ganga
river in the Patna University premises.It will play an important role in
strengthening conservation efforts and research to save the endangered mammal.
2.The Union Cabinet approves Bhopal & Indore Metro
Rail Project : The Union Cabinet chaired by
the Prime Minister Shri Narendra Modi has approved implementation of
Bhopal Metro Rail Project and Indore Metro Rail Project.
Bhopal Metro Rail Project comprising two corridors
of total length 27.87 Km, Karond Circle to AIIMS (14.99 Km) and Bhadbhada
Square to RatnagiriTiraha (12.88 Km).Madhya Pradesh Metro Rail Co Ltd. (MPMRCL)
has been constituted for implementation of the Bhopal Metro Rail Project.
Bhopal Metro Rail Project will be partly from GoI
and GoMP on an equal equity basis and partly as a loan from the European
Investment Bank (EIB).
3.Assam govt to provide 1 lakh shallow tube wells to
farmers : According to the Assam’s Agriculture Director M S Manivannan, the state
government will provide 1 lakh shallow tube wells to small and marginal farmers
to help in irrigating farmland.11 thousand solars, 60 thousand diesel and 30 thousand electric shallow
tube wells to be distributed within this year.These shallow tube wells would
help in irrigating farmland.The Assam government decided to give the premium of
the Pradhan Mantri Fasal Bima Yojna on behalf of the farmers.
INTERNATIONAL
UPDATES:
1. Indian International Science Festival begins in Lucknow : A
four-day Indian International Science Festival (IISF)2018 has started at Indira
Gandhi Pratishthan in Lucknow (Uttar Pradesh).The theme of this year's festival
is ‘science for transformation’.Around ten thousand scientists and experts,
including science teachers and students, are participating in the event.IISF 2018 is being organized by the Ministry of Science and Technology,
Ministry of Earth Sciences in association with Vijnana Bharati.The 1st IISF was
held at Indian Institute of Technology (IIT) New Delhi in December 2015.
2. 5th October:
World Teachers’ Day : The World Teachers’ Day (WTD) 2018 is being observed across the world on
5th October (since 1994) to honors educator's associations around the world.For
2018, the UNESCO adopted the theme: "The right to education means the
right to a qualified teacher.”According to UNESCO, World Teachers' Day represents
a significant token of the awareness, understanding, and appreciation displayed
for the vital contributions that teachers make to education and development.
3. Sanjay Verma
appointed as India's Ambassador to Spain : According to the Ministry of External Affairs, Senior diplomat Sanjay Verma
(Indian Foreign Service officer -1990) has been appointed as India's Ambassador
to Spain.Currently, He is Additional Secretary in the ministry.Arindam Bagchi
(IFS official -1995 batch) has been appointed as the next Indian Ambassador to
the Republic of Croatia.
OTHER
UPDATES:
BANKING/FINANCE:
1. RBI allows state-owned oil companies to borrow long-term working
capital from overseas : The Reserve Bank of India (RBI) has allowed state-owned oil
companies to borrow long-term working capital from overseas.RBI relaxed the
policy on borrowing up to 10 billion US dollar from the overseas by the
state-owned fuel retailers.Earlier, oil marketing companies including Indian
Oil Corp, Bharat Petroleum Corp Ltd and Hindustan Petroleum Corp Ltd, were not
allowed to raise external commercial commercial
borrowing (ECB) for working capital needs on a long-term basis.
2.Chanda Kochhar
quits ICICI Bank : ICICI Bank managing director (MD) and
chief executive officer (CEO) Chanda Kochhar (56-year) quit the bank. She quit
the post six months before her current tenure was to end (31stMarch
2019).ICICI Bank board has elevated Chief Operating Officer (COO) Sandeep
Bakhshi as the new managing director and CEO for five years (until 3rd October
2023). There are allegations of involvement of Kochhar and her family members
in a loan provided to Videocon group on a quid pro quo basis borrowing (ECB) for working capital needs on a long-term basis.
SPORTS:
1. Manipur clinch Women’s National Football Championship crown : Manipur
claimed victory in the final of the 24th Senior Women's National Football Championships,
defeating Odisha (hosts) in the summit clash by a 2-1 margin, at the Barabati
Stadium in Cuttack, Odisha.The result marked the 19th occasion that the state
from the northeast of India won the trophy.