Top 15 Current Affairs 29th October 2018

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29 October 2018

Union Minister for Food Processing Industries Smt Harsimrat Kaur Badal inaugurated the first Mega Food Park in Gujarat. It is located at Village Shah and Vasravi, Taluka Mangrol, District Surat. A 2nd Mega Food Park has been sanctioned by the Ministry in Mehsana District of Gujarat. This Mega Food Park has been set up in 70.15 acres of land at a cost of Rs. 117.87 crore.  

29 October 2018

This will be done through the purchase of government securities under open market operations for an aggregate amount of Rs. 400 billion in the month of November 2018. This will help ease a cash shortage in the system and stabilize debt market rates.  

29 October 2018

The scientists of Zoological Survey of India (ZSI) has revealed that Moths (Lepidoptera), which is widely considered as pests, are pollinators to a number of flowering plants in the Himalayan ecosystem. The scientists collected moth samples from states such as Arunachal Pradesh, Sikkim and West Bengal. The analysis of proboscis, a long and thread-like organ used to suck flower sap, of a dozen moth species’ revealed the presence of pollen grains.  Researchers have pointed out that almost two-thirds of common large moth species have declined over the last 40 years in some parts of the world. One of the main reasons for the decline is light pollution.

29 October 2018

The Kerala Agricultural University (KAU) has initiated a study on the farming practices of garlic followed in the hills of Kanthalloor and Vattavada areas of Idukki district of Kerala. This move is to promote the variety Malai poondu or hill garlic that is on the verge of extinction.  Malai poondu or hill garlic are known for its unique flavour, pungency, taste, medicinal properties and longer shelf life, that is 180 days. Due to long duration of cultivation the tribal farmers of the area started to cultivate hybrid varieties or short duration, 90 to 120 days, varieties. The study by KAU said that the major problems faced by the hill garlic cultivation are the small size of the bulb, lack of awareness on scientific cultivation practices and wild animal attack. KAU also suggested that by following scientific practices, the crop duration can be reduced.

29 October 2018

A privately developed Chinese carrier rocket failed to reach orbit after lifting off from Jiuquan Satellite Launch Center, Mongolia. Beijing-based Landscape developed  Zhuque-1, a three-stage rocket. It is said that the first and second stage of ZQ-1 rocket worked normally. But an error occurred after the second stage. Zhuque-1 carried a satellite named “Future” which was built for state media China Central Television.  The landscape is the first private licensed company in China to launch carrier rockets.

29 October 2018

The India Cements Ltd. (ICL), a leading cement manufacturer, has signed a deal for the acquisition of Springway Mining Private Limited. The share acquisition is to happen in a phased manner. The transaction involves a total consideration of Rs.82.89 crore.  Springway Springway, which is incorporated in 2010, has a paid-up capital of Rs.20 crore. It is engaged mainly in the mining and quarrying business.  ICL had acquired it with an idea to set up a cement plant in Madhya Pradesh. ICL is planning a clinker grinding unit in East Nimar district of Madhya Pradesh. The proposed 1.5 million tonne unit is expected to involve an investment of a little over Rs.300 crore.  Paid-up capital: ♦ Paid-up capital is the amount of money a company has received from shareholders in exchange for shares of stock ♦ Paid-up capital is created when a company sells its shares on the primary market, directly to investors

29 October 2018

This project dubbed- A snapshot inventory of intangible cultural heritage, will be launched to protect the disappearing intangible cultural heritage of India. This will include art forms, craftsmanship and other intangible cultural heritage of the country. The “Wiki-styled project” would be executed through “crowd-sourcing”. About United Nations: ♦ Headquarters: New York. ♦ Founded: 24, October 1945

29 October 2018

The World Trade Organisation’s (WTO) panel is to examine the India-U.S. export case. WTO’s dispute settlement body has set up a panel to examine the U.S.’ complaint against certain export-subsidy measures by India as both the sides failed to resolve the issue at the consultation level.  Earlier 2018, the U.S. dragged India to WTO over export subsidies, saying that these incentives were harming the American firms. The U.S. has requested for the establishment of a dispute panel to examine the allegations on India’s export incentive measures. The U.S. also challenged India’s export subsidy programmes such as Merchandise Exports from India Scheme in the WTO, asserting that these initiatives harm its companies by creating an uneven playing field. During the previous consultations, India provided a detailed understanding of the schemes implemented under its Foreign Trade Policy by answering all the questions raised by the U.S. World Trade Organization (WTO): ♦ Formation: 1 January 1995 ♦ Type: International trade organization ♦ Headquarters: Geneva, Switzerland ♦ Director-General: Roberto Azevêdo ♦ Member states: 164 ♦ The purpose of WTO is to Regulate international trade ♦ It is the largest international economic organization in the world

29 October 2018

According to the MOU 70 Years of the relationship between the two countries will be celebrated,50 faculty members from government higher education institutions of the state would be trained by the British Council every year, starting in December 2018, Supporting improvements in the teaching of mathematics and science.  

29 October 2018

Mukesh Ambani’s Reliance Gas Transportation Infrastructure Ltd. has won oil regulator Petroleum and Natural Gas Regulatory Board’s (PNGRB) approval for selling its loss-making east-west natural gas pipeline to Canadian investor Brookfield. A decade back Brookfield built a 1,400-km pipeline from Kakinada to Bharuch to transport natural gas discovered in a KG basin block operated by Reliance Industries. The pipeline has a capacity to transport 80 million standard cubic metres per day of natural gas and is currently operating at less than 5% of its capacity as output from KG-D6 block of RIL.

29 October 2018

The 5th edition of the ‘Women of India National Organic Festival’ was inaugurated by Smt. Maneka Sanjay Gandhi, Union Minister for Women and Child Development, at the Indira Gandhi National Centre for the Arts (IGNCA), New Delhi.  The Festival celebrates and promotes women entrepreneurs/producers and farmers in the organic field from across India.

29 October 2018

In the pre-launch function of the ‘Swachh Nyayalaya’ project, a Rs.700-crore project has been proposed to have clean courts, right from the Supreme Court and the High Courts to the 3,388 lower courts. Under the project, construction of toilets for both male and female lawyers and litigants, a facility that many courts sorely lack, has been planned. These toilets will be equipped with vending machines that will dispense sanitary napkins, toilet paper, band-aids, etc. Garbage segregation in courts is also being planned. Also, apart from the construction and maintenance of wash-rooms in over 16,000 courtrooms, a mechanism needed to be devised to deal with garbage, and to weed out old case files. Swachh Nyayalaya Project: The Supreme Court of India is set to launch the “Swachh Nyayalaya” project It would be undertaken by NITI Aayog and the Union Ministry of Drinking Water and Sanitation along with the Department of Justice It will be inaugurated on the Law Day by Chief Justice of India​​​​​​​

29 October 2018

Bharat Earth Movers Limited (BEML), a Mini Ratna Public Sector Undertaking, under the Ministry of Defence, received the prestigious ‘Top Challengers Award 2018’ for the excellent performance during the financial year 2017-18 and Best Seller in Crawler Equipment- Dozers and Rigid Dump Truck segment for mining sectors. At a function held at Delhi, CMD BEML Shri Deepak Kumar Hota received the award from Construction Economist Mr. Graham D Robinson.

29 October 2018

According to a report named QS Asia University Rankings 2019 by Quacquarelli Symonds, India doubled their presence in the ranking.  India has the third largest number of universities and institutes (75), after mainland China (112) and Japan (89).  The National University of Singapore has been assessed as Asia’s best university. IIT-Bombay remains the highest ranked institution.  It moved one place to the 33rd position.

29 October 2018

Indira Gandhi International (IGI) Airport, Delhi, India is set to commence commercial use of semi-robotic tow trucks. The Taxibots are launched by TaxiBot India. It will be the first airport in the country to use such TaxiBots. It aimed to help airlines reduce the use of air turbine fuel during taxiing. A live test will be carried out by SpiceJet and Jet Airways. Upon successful testing, the aviation regulator Directorate General of Civil Aviation, India (DGCA) will grant approval for their further use. The advanced tow trucks will be used for narrow-body planes of the two airlines and will initially be deployed only for flights departing from IGI. TaxiBot India is also in talks with Mumbai and Bengaluru airports for introducing Taxibots.

29 October 2018

The 11 Base Repair Depot (BRD) of the Indian Air Force in Maharashtra Nashik district handed over its first indigenously overhauled Sukhoi Su-30MKI fighter jet to the IAF at a ceremony held at the Air Force Station Ojhar. It is a twin-jet multi-role air superiority aircraft developed by Russia’s Sukhoi and built under licence by India’s Hindustan Aeronautics Ltd (HAL).

29 October 2018

Prof. MS Swaminathan, chief architect of India’s Green Revolution was awarded the World Agriculture Prize for 2018.

29 October 2018

Roopam Sharma, a 23-year old Indian scientist, won the World Health Summit Startup award, 2018 for his invention, Manovue – the world’s first intelligent personal assisting system for the visually impaired.   

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