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PM Modi’s 1 day 2-state visit to Odisha and Chhattisgarh
i. On September 22, 2018, PM Modi visited Odisha.
- He inaugurated and revived the Talcher Fertilizer Plant located at Talcher, Angul district in Odisha. It will start production in 36 months.
- Rs 570 crore has been provided to open medical colleges in Balasore, Bolangir, Koraput, Puri and Rourkela.
ii. On September 22, 2018, PM Modi reached Chhattisgarh.
- PM Modi inaugurated two projects of National Highway Authority of India in Chhattisgarh. These were four-lane roads between Bilaspur-Pathrapali and another between Sargaon-Bilaspur…………………………………………………….Click here to Read more
Israel, India to commemorate Centenary of the Battle of Haifa on September 23
On 23rd September 2018, the Battle of Haifa was commemorated in Israel, Delhi and Jaipur.
i. Centenary celebrations were observed to commemorate 100 years of liberation of Haifa in Israel by the Indian troops in 1918.
ii. Indian Army commemorates September 23 as Haifa Day every year. It pays tribute to the two Indian Cavalry Regiments, Mysore and Jodhpur Lancers that helped to liberate Haifa.
BANKING & FINANCE
$525 Million Loan approved for Infra Projects in Madhya Pradesh by NDB
On September 20, 2018, the New Development Bank (NDB) of the BRICS announced a $525-million loan to Madhya Pradesh for infrastructure projects.
i. The breakup of the loan amount is as follows:
$350-million loan for the Major District Roads Project II of Madhya Pradesh and
$175 million for building and upgrading 350 bridges.
ii. 2000 km roads of major districts would be rehabilitated through this loan amount and will help in better connectivity.
A non-sovereign loan of $300 million was approved by NDB to SIBUR Holding of Russia for environmentally-sustainable infrastructure development related to the Zap SibNefteKhim project.
♦ Headquarters: Shanghai, China.
♦ Founded: 15th July 2014.
♦ President: K.V. Kamath.
♦ Brazil, Russia, India, China and South Africa.
Corporation Bank & NeSL ink pact for sharing security information under IBBI rule
On September 20, 2018, Corporation bank inked a pact on information utility (IU) agreement with National e-Governance Services Ltd (NeSL).
To share financial and security information under IBBI (IU) Regulation 2017.
i. Under IBBI (IU) Regulation 2017, this would help in:
- Providing data in case of insolvency of the bank,
- Providing proof of borrowing, proof of default and security interest data in respect of NCLT cases.
♦ Headquarters: Mangalore.
♦ MD & CEO: Shri Jai Kumar Garg.
♦ Tagline: A Premier Public Sector Bank, Prosperity for all.
♦ Full form of NCLT: National Company Law Tribunal.
Tax Dept. slapped YES Bank with Rs 38 crore in GST fines for violating domestic remittances norms
On September 21, 2018, Yes Bank paid Rs 38 crore in fines to the GST department for alleged violations in domestic remittances.
i. Out of this, over Rs 32 crore has been paid to the GST department, while Rs 6 crore has been paid in service tax which has been replaced by GST from July 2017.
ii. RBI has asked incumbent CEO Rana Kapoor to step aside by end of January 2019.
iii. It is due to the underpayment of tax by the bank and is related to remittances by migrants from urban pockets to their homes in rural areas.
♦ MD&CEO: Rana Kapoor.
♦ Headquarters: Mumbai.
♦ Tagline: Experience our Expertise.
APPOINTMENTS & RESIGNS
Indian actress Jaya Prada appointed goodwill ambassador for Nepal tourism
Indian actress Jaya Prada has been appointed Goodwill Ambassador for the promotion of Nepal tourism for a term of 4 years.
i. She is also a former Member of Parliament. Her appointment would strengthen the cultural ties between India and Nepal and help promote Nepal’s tourism in India.
ii. Nepal government has also decided to observe 2020 as the ‘Visit Nepal Year’.
Anil Kumar Chaudhary replaced P K Singh as new SAIL chairman
On September 21, 2018, Prime Minister Narendra Modi-led Appointments Committee of the Cabinet (ACC) appointed Anil Kumar Chaudhary as the new chairman of the Steel Authority of India till his superannuation in December, 2020.
i. Presently, he is serving as the Director (Finance) in SAIL.
ii. Earlier P K Singh was the chairman of SAIL.
Other appointments by ACC:
i. P K Rath has been appointed as CMD of the Rashtriya Ispat Nigam Limited (RINL)
ii. He is presently the Director (operations) in RINL.
iii. Aslo,V Gopi Suresh Kumar was appointed as Director (Projects) in RITES Limted, a railway consultancy firm.
iv. Currently, Kumar is serving as the executive director in the EPIL.
Headquarters: New Delhi.
National compound archery coach Jiwanjot Singh Teja resigns
On 21st September 2018, national compound archery coach Jiwanjot Singh Teja resigned as the national coach following the denial of Dronacharya award.
Resignation of Jiwanjot Singh Teja:
i. Jiwanjot Singh Teja’s name was recommended for the Dronacharya award by the Dronacharya award committee. But his name was removed by the sports ministry.
ii. Following this incident, Jiwanjot Singh Teja resigned as national coach. He is also chief coach with Punjabi University, Patiala.
iii. In 2015, he was the chief coach of the Indian Universities archery team for the World University Games in South Korea. The team missed bronze medal due to a confusion in timing.
iv. Following this, Association of Indian Universities had banned him for one-and-half years. Archery Association of India (AAI) had also banned him for a year.
About Archery Association of India (AAI):
♦ Acting President – Tarlochan Singh
♦ Location – Delhi
India to host AIBA Women’s World Boxing Championships in New Delhi
AIBA Women’s World Boxing Championships will be hosted by India from 13-25 November 2018 in New Delhi.
i. All participating countries will arrive in New Delhi before 13 November 2018. The competition will start on 15th November 2018.
ii. This championship was last held in India in 2006 and India made its best ever performance that year. India had topped the medal tally with 4 gold, 3 silver and 1 bronze medal.
iii. The first edition of AIBA women’s world championship was held in Scranton, Unites States in 2001.
About AIBA (International Boxing Association):
♦ Interim President – Mr Gafur Rahimov
♦ Headquarters – Lausanne, Switzerland
Vaishali Narendra Salavkar will be India’s first female blind chess player at World Chess Olympiad
Blind chess player Vaishali Narendra Salavkar will become the first Indian female to be part of the International Braille Chess Association (IBCA) team at the world chess Olympiad that will be held in Batumi, Georgia, from September 23, 2018.
i. IBCA which is affiliated to FIDE (World Chess Federation) sends its teams to participate at the chess Olympiad.
ii. Vaishali is 45 yaers old. She hails from Maharashtra. She is an eight-time national champion. She has an Elo rating of 1,357 points.
iii. A total of 7 Indian women chess players are participating in the world chess Olympiad.
iv. Malika Handa, is participating as part of the International Chess Committee of Deaf (ICCD) team.
v. Normal women’s team players participating in the Olympiad are: Koneru Humpy, Harika Dronavalli, Tania Sachdev, Karavade Esha and Padmini Rout.
About International Braille Chess Association (IBCA):
♦ President – Jadhav Charudatta
♦ Type – apex body of chess for the blind and visually impaired
Belgium joins France in number 1 spot in FIFA rankings with top spot shared for first time (football)
Belgium has joined France in number one position on the FIFA (International Federation of Association Football) rankings released on 20th September 2018.
i. This is the first time in the 25-year history of FIFA rankings, the first spot is shared.
ii. Belgium earned two wins, including their first win in the UEFA (Union of European Football Associations) Nations League over Iceland in early September to equal France with 1729 points, and has achieved the top position.
iii. Top 10 rankings as per FIFA:
About FIFA (International Federation of Association Football):
♦ President – Gianni Infantino
♦ Headquarters – Zurich, Switzerland
Filmmaker Kalpana Lajmi passes away at 64
On 23rd September 2018, filmmaker Kalpana Lajmi passed away after she had suffered from chronic kidney disease and liver failure, in Mumbai, Maharashtra.
Death of Kalpana Lajmi:
i. Kalpana Lajmi was 64 years old. She was a director, producer and screenwriter.
ii. She was known for working on real subjects and making women-centric films. Some of her popular films are: Rudaali, Daman, Darmiyaan, etc.
iii. She had also written a book titled “Bhupen Hazarika – As I Knew Him.”
International Day of Sign Languages (IDSL) – September 23
On 23rd September 2018, the first International Day of Sign Languages (IDSL) was observed throughout the world.
i. When: In 2017, United Nations General Assembly declared 23 September as the International Day of Sign Languages. 23 September was chosen to commemorate the formation of World Federation of the Deaf (WFD) on 23 September 1951.
ii. Why: to create awareness on the importance of sign language in the full realization of human rights of the hearing impaired people.
iii. Theme: for International Day of Sign Languages (IDSL) 2018: “With Sign Language, Everyone is Included!”
iv. Also, International Week of the Deaf is observed on 24-30 September 2018.
About World Federation of the Deaf (WFD):
♦ President – Mr Colin Allen
♦ Secretariat – Helsinki, Finland