Banking and Financial Awareness:
- Reserve Bank of India (RBI) has allowed state-owned oil companies to borrow long-term working capital from overseas up to 10 billion US dollar.
- Small Industries Development Bank of India (SIDBI), had launched Udyam Abhilasha, a National Level Entrepreneurship Awareness Campaign, in 115 Aspirational Districts identified by NITI Aayog.
- State Bank of India has slashed the daily withdrawal limit on its classic debit card from Rs 40,000 to Rs 20,000 effective from October 31st 2018.
Appointments
- World Federation of Exchanges (WFE) Appoints Vikram Limaye as Chairman of Working Committee.
- Sanjay Verma Appointed India’s Ambassador to Spain.
- Ranjan Gogoi has sworn-in as 46th Chief Justice of India.
- Rangachari Sridharan Appointed Chairperson of National Financial Reporting Authority (NFRA).
- Gita Gopinath, India-born Harvard University professor has been appointed as the Chief Economist of the International Monetary Fund (IMF)
Honour, Awards and Ranks
Winners of Nobel Prize
Winner | Field | description |
Denis Mukwege (Congo) and Nadia Murad (Iraq) | Peace | efforts to end the use of sexual violence as a weapon of war and armed conflict |
James P Allison (USA) and Tasaku Honjo (Japan) | Physiology or Medicine | discovery of cancer therapy by inhibition of negative immune regulation |
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Economic Sciences |
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Arthur Ashkin (USA), Gerard Mourou (France) and Donna Strickland (Canada) |
Physics | for ground-breaking inventions in the field of laser physics |
(a) one half to Frances H. Arnold (USA) (b) other half jointly to George P. Smith (USA) and Sir Gregory P. Winter (UK) |
Chemistry | (a) for the directed evolution of enzymes (b) for the phage display of peptides and antibodies |
- Employees’ State Insurance Corporation (ESIC) has won the ‘ISSA Good Practice Award’ for Administrative Solution for Coverage Extension at the “Regional Social Security Forum for Asia and the Pacific.