NATIONAL UPDATES:
1.
President Kovind visits Rajgir for Golden Jubilee celebration of Vishwa Shanti
Stupa: President
Ram Nath Kovind has inaugurated day long golden jubilee celebrations of Vishwa
Shanti Stupa (World Peace Pagoda) in Rajgir, Bihar. More than 300 Buddhist
monks, devotees and eminent personalities from Japan, Thailand, Srilanka,
Bhutan, Nepal, US and other countries have arrived to take part in the
function. During his brief visit, the President participate in prayers and also
address the gathering at the venue.
Note: The Vishwa Shanti Stupa has completed
50 years of its establishment. Vishwa Shanti Stupa is situated on Ratnagiri
hillock, constructed by Japanese Buddhist monk popularly known as Fujii Guruji
in 1969. Ratnagiri hillock of Rajgir attaches important relation with Lord
Buddha because after getting the enlightenment he spent a monastic life and
preached his disciples at nearby Gridhakut Parvat.
2.
First “Global Bio-India 2019” Summit to be held in New Delhi: The first-ever
Global Bio-India 2019 Summit will be held at New Delhi (from 21 to 23 November
2019). It is for the first time that India will host a mega event for the
biotech community to attract investments, showcase our indigenous strengths and
more importantly fuel the hopes and aspirations of the indigenous talent pool.
The Department of Biotechnology (DBT), Ministry of Science & Technology,
Government of India along with its Public Sector Undertaking, Biotechnology
Industry Research Assistance Council (BIRAC) is organizing this event.
3.
BPRD releases “Data on Police Organizations (DoPO 2018)”: Union Minister of
State for Home Affairs G. Kishan Reddy has released the Bureau of Police
Research and Development’s flagship publication “Data on Police Organizations”
(DoPO 2018) in New Delhi. The Data on Police Organisation in India is an
important compilation of information on police infrastructure, manpower and
other resources from all States, Union Territories, CAPFs and CPOs.
Major highlights of the DoPO 2018: There
has been an increase of 19,686 Police personnel in the sanctioned strength of
the State Police and 16,051 in the strength of CAPFs. There has been 20.95%
increase in the strength of Woman Police which brings the total percentage of
women in the Indian Police to 8.73%. Police Stations have increased from 15579
to 16422. This includes Cyber Police Stations whose number has risen from 84 to
120.
4.
Chenani-Nashri Tunnel renamed as Shyama Prasad Mukherjee Tunnel: J&K’s
Chenani-Nashri Tunnel, a 9 km-long tunnel that reduces the distance between
Jammu and Srinagar by 31 km has been renamed as Shyama Prasad Mukherjee Tunnel.
The ‘Chenani-Nashri Highway Tunnel’ is not only India’s longest highway tunnel
but also Asia’s longest bi-directional highway tunnel. The renaming of the
tunnel aims to preserve Mukherjee’s heritage and memory as well as a tribute
for his sacrifice for the nation.
5.
Indian Railway launches One Touch ATVM: Indian Railways has launched ‘one touch
ATVM’ at 42 suburban stations of Central Railway over Mumbai Suburban Network.
The machine has been launched to render fast ticketing to millions of
commuters. This new machine will reduce the waiting time of the passengers and
allow passenger to avoid standing in long queues. The new machine is loaded
with the user friendly procedure which will greatly ease the load on ticketing
system of Mumbai Suburban Network. A total of 92 ATVMs has been installed at 42
suburban stations.
6.
Yogi Adityanath to launch Kanya Sumangala Yojana: Uttar Pradesh Chief
Minister Yogi Adityanath has launched its flagship scheme Kanya Sumangla Yojna
in Lucknow. The scheme will provide an amount of 15 thousand rupees in a phased
manner to every family in which a girl child takes birth. The scheme has been
designed in a way that parents have to take care of girl child’s health and
education to get the benefit. Funds will be released in instalments when a girl
child completes various achievements, like vaccination, admission in class 1, 5
and 9, graduation.
7.
Ayurveda Day: 25th October: Government of India is celebrating 4th
Ayurveda Day (Dhanvantari Jayanti) on 25th October 2019. The Ministry of Ayush
has distributed “National Dhanwantari Ayurveda Award” on National Ayurveda Day.
The award comprises of trophy and cash reward of Rs 5 lakhs. Ayurveda Day is
being celebrated as a part of the mission’s role in creating awareness about
the medicines. Government has also upgraded a lot of Ayurvedic institutions as
a part of AYUSH Mission.
8.
Arvind Singh appointed the chief of Airports Authority of India: Senior IAS officer
Arvind Singh has been appointed as the Chairman of Airports Authority of India
(AAI). The Airports Authority of India (AAI) is a statutory body working under
the Ministry of Civil Aviation. Senior IAS officer Sukhbir Singh Sandhu
(1988-batch: Uttarakhand cadre) will head the National Highways Authority of
India. The National Highways Authority of India (NIA) is an autonomous agency
of the Government of India responsible for the management of a network of over
50,000 km of National Highways out of 1,15,000 km in India. Ganji Kamala V Rao
has been named the chairman and managing director, India Tourism Development
Corporation (ITDC) Ltd.
INTERNATIONAL UPDATES:
1.
International Artist’s Day: 25th October: International Artist’s Day is being
observed every year on October 25th to honour artists and all the contributions
they make. The day also celebrates one of the most famous artists, Pablo
Picasso. The Spanish artist was born on October 25th, 1881. Artists work hard
to create their work. They add beauty to the world around us. Most artists work
with many different mediums.
Note: Canadian artist, Chris MacClure
started International Artist’s Day in 2004. Since then, October 25th has been a
day dedicated to celebrating all the contributions artists have given to
society.
OTHER UPDATES:
SPORTS
1.
China to host the inaugural edition of expanded 24-team Club World Cup 2021: According to Gianni
Infantino (FIFA president), China will host the inaugural edition of the
expanded 24-team Club World Cup. Gianni Infantino (FIFA president) made the
announcement after a meeting in Shanghai of the FIFA Council, the
decision-making unit of football's world governing body. The FIFA Council has
decided, unanimously, to appoint China as the host of the new FIFA World Cup
for Clubs. The current Club World Cup features seven teams including the
holders of the UEFA Champions League. Qatar will host the competition this year
and in 2020.
BANKING AND FINANCE
1.
IRDAI forms working group to revisit the product structure of title insurance: The Insurance
Regulatory and Development Authority of India (Irdai) has set a 12 membered
working group to revisit the product structure of title insurance. The panel
will be headed by T L Alamelu.
Note: Title insurance is an insurance of
indemnity. It basically provides indemnity to developers and the subsequent
homeowners of the property against losses and risks related to defects in the
title of the property.
2.
IRDAI sets up panel to evaluate application under Regulatory Sandbox: The Insurance
Regulatory and Development Authority of India (IRDAI) has set up an
eight-member committee to evaluate applications filed under the Regulatory
Sandbox approach to promote innovative ideas to foster growth in insurance
sector. The committee will be headed by International Institute of Information
Technology (Bangalore) Director S Sadagopan.
Note: Regulatory Sandbox (RS) refers to
live testing of new products or services in a controlled/test regulatory
environment for which regulators may permit certain relaxations for the limited
purpose of testing.
3.
ICICI Bank exits GST Network, sells entire 10% stake to 13 state govts: ICICI Bank which
had 10% stake in GST Network, has sold its entire 10% stake to 13 state
Governments. The stake sale is for aggregate cash consideration of Rs 1 crore.
The bank will transfer 0.14 per cent stake to the Assam government and 0.81 per
cent stake to the Telangana government. Besides, it will transfer Goa, Kerala,
Manipur, Tripura, West Bengal, Delhi, Jharkhand, Uttar Pradesh, Chhattisgarh,
Madhya Pradesh and Arunachal Pradesh governments 0.82 per cent stake each.
Presently, Central Government and State Government had a total of 49% stake in
GSTN (with 24.5% stake of each) while the remaining 51% was divided between 5
private firms with, HDFC, HDFC Bank, ICICI Bank and NSE Strategic Investment Co
hold 10% each and LIC Housing Finance Ltd holding 11%.
AWARDS AND HONOURS
1.
Ilham Tohti Wins European Parliament’s Sakharov Prize 2019: The European
Parliament has awarded the Sakharov Prize to Uighur intellectual Ilham Tohti.
He has been awarded the Sakharov Prize for his attempts to “foster dialogue”
between Chinese people and the Uighur. Ilham Tohti, who is from the Uighur minority,
has been a fierce critic of China’s treatment of the Uighur people. He has been
sentenced to life imprisonment in China for “separatism”. The outspoken former
Professor of economics at a Beijing university was sentenced in 2014.
Note: Sakharov prize is named after Soviet
dissident Andrei Sakharov. It was created in 1988 to honour individuals or
groups who defend human rights and fundamental freedoms.
OBITUARIES
1.
Sports journalist and author K R Wadhwaney passes away: Veteran sports
journalist and author K R Wadhwaney passed away at the age of 90 years.
Wadhwaney was the Sports Editor of the Indian Express newspaper. He worked as a
freelance writer for several Indian newspapers after his retirement.