Current Affairs 16th November, 2018
Posted on: 2018-11-16 Posted by: CLAT Gurukul Category: General Knowledge
16 November 2018
1. IKEA to launch Better Air Now initiative
- IKEA, the Swedish home furnishing company, announced its ‘Better Air Now’ plan to turn rice straw into a new renewable material source for its products.
- This project of IKEA will begin from India and is focussed on New Delhi, Gurugram and Faridabad, which are among the world’s most air-polluted cities.
2. Aadi Mahotsav festival begins in New Delhi
- The 15-day Aadi Mahotsav festival is beginning in the national capital Delhi.
- The theme of the festival is 'celebration of the spirit of tribal culture, craft, cuisine and commerce'.
3. O.P. Bhatt quits Yes Bank CEO search panel
- O.P. Bhatt, former SBI chairman, has resigned from the search and selection committee of Yes Bank which was set up to identify a new Managing Director and CEO.
4. JICA to fund West Bengal power project
- The West Bengal State Electricity Distribution Company said that the Japan International Cooperation Agency (JICA) is to extend a Rs.5,000-crore loan to a 1,000 MW pumped-storage project in West Bengal.
- For this plant, the State Cabinet has approved a Rs.6,922-crore cost for the power project.
- The project (250MW x4) is coming up in the Ayodhya Hills in the State’s Purulia district.
- The pumped storage power plant works as a large storage battery which generates power during peak periods and pumps water from a lower dam to an upper dam during low-demand off-peak periods.
5. Delhi Police launched e-learning portal 'NIPUN'
- In consonance with the spirit of digital India, Delhi Police Commissioner Amulya Patnaik launched the force's e-learning portal NIPUN and training division website on November 14.
- The e-learning portal aims to give online training and information through specialised courses designed by experts in the field.
6. UNSC agreed to lift sanctions against Eritrea after nine years
- The United Nations Security Council (UNSC) lifted a range of sanctions against Eritrea four months after that country and Ethiopia signed a peace agreement that UN chief António Guterres.
- An arms embargo, asset freeze, and travel ban were imposed in 2009 amid claims that Eritrea supported militancy in Somalia.
- The resolution was drafted by the United Kingdom and backed by the United States and its allies.
7. Infosys names Jayesh Sanghrajka as interim CFO
- India's second largest IT services firm Infosys named Jayesh Sanghrajka as its interim Chief Financial Officer (CFO).
- The current CFO, MD Ranganath, step down after an 18-year career with the company.
- Sanghrajka has spent 13 years in Infosys over two stints and is currently Executive Vice President and Deputy Chief Financial Officer.
8. Denmark signed MoU with CGIAR to establish an international research centre
- Denmark signed Memorandum of Understanding (MoU) with CGIAR to establish an international research center.
- The MoU was signed by Danish Health Minister Ellen Trane Norby Denmark in Seattle, in the United States, with the international network of research centers CGIAR. Denmark has planned to create an international research center.
- It is expected to be inaugurated in 2019 and is to employ up to 500 people.
9. Finance Minister Arun Jaitley to inaugurate National Press Day celebrations in New Delhi
- Finance Minister Arun Jaitley will inaugurate the National Press Day celebrations in New Delhi.
- Press Council of India Chairman CK Prasad the winners of the National Awards for Excellence in Journalism will be honored on the occasion.
- Eminent journalist and Chairman of the Hindu Publishing Group, N Ram has been selected under prestigious award category of Raja Ram Mohan Roy award.
- Ruby Sarkar, Chief Correspondent of Deshbandhu, Bhopal and Rajesh Josh of Daily Pudhari in Ratnagiri will share the award in the category of Rural Journalism.
10. Astronomers found a 'cold super-Earth'
- The planet for Barnard’s star – 2nd closest star system to our sun – appears to be a cold super-Earth.
- The planet has been labeled Barnard's Star b (GJ 699 b). It orbits its red star every 233 days near the snow-line, a distance where water freezes.
- Barnard’s star is six light-years away from earth.
11. Govt to pay employers 7-weeks maternity leave given to staff
- The Women and Child Development Ministry announced the government will give employers the salaries for seven of the 26 weeks of maternity leave for women earning more than ₹15,000 a month.
- The government will utilise the funds lying in the labour welfare cess to pay the employers.
- Maternity leave was extended from 12 to 26 weeks last year.
12. PM Modi felicitates winners of first India-Singapore Hackathon
- The winning teams from India were IIT Kharagpur, NIT Trichy and MIT College of Engineering, Pune.
- The winning teams from Singapore comprised Nanyang Technological University (NTU) and the Singapore University of Technology and Design (SUTD).
- Prime Minister Modi is in Singapore for the two-day visit to the country. He began his visit on November 14 by delivering his keynote address at the prestigious Fintech Festival.
13. Biotechnology Policy 2018 launched by Odisha government to promote biotechnology investments
- This is a part of the development of the biotechnology sector in Odisha which will be based on three key pillars – innovation, entrepreneurship, and investment.
- According to the Biotechnology Policy 2018, the government would provide full support for the formation of public-private partnerships, bio incubation centers, and biotech finishing schools, In the Summit, Odisha government signed an agreement with ITES, Singapore to building a 64-acre skill development center named ‘Odisha Biotech Park’ in Bhubaneswar to support the biotechnology sector in the state.
14. Yes Bank chairman Ashok Chawla resigns over corruption charges
- In July, the CBI named Ashok Chawla in a chargesheet relating to the Aircel-Maxis case.
- Mr. Chawla has also been the chairman of the Competition Commission of India, and continues to be the chairman of the National Stock Exchange and is also on the Jet Airways board.
- Yes Bank has also accepted the resignation of Vasant Gujrati, the chairman of Yes Bank’s audit committee.
- The bank has announced the appointment of Uttam Prakash Agarwal as an additional director (independent), with immediate effect, to replace Gujarati.
15. India and UK signed pact to collaborate on 5 year cancer research
- The MOU was signed between Department of Biotechnology Ministry of Science & Technology, India and Cancer Research UK.
- It is a collaborative 5-year bilateral research initiative that focuses on affordable approaches to cancer.
16. International Day for Tolerance is observed on 16 November
- The International Day for Tolerance is an annual observance day declared by UNESCO in 1995 to generate public awareness of the dangers of intolerance.
- The year 1995 was chosen by the UNESCO to mark the year for tolerance as well as the 125th birthday anniversary of the Indian freedom fighter Mahatma Gandhi in order to promote the tolerance and non violence.
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