Top 5 Current Affairs: 26 October 2018

Oct 26, 2018 17:38 IST
Top 5 Current Affairs: 26 October 2018

List of major International Awards conferred upon Prime Minister Modi

Prime Minister Narendra Modi was recently awarded with the Seoul Peace Prize 2018 for his contribution to international cooperation and fostering global economic growth. He was credited for his contribution towards regional and global peace.

Like this, PM Modi has been honoured with various awards and accolades since the time of taking the hold of premiership of the country in 2014. These are UN Champions of the Earth Award 2018, 'Grand Collar of the State of Palestine' in 2018, Amir Abdulla Khan Award of Afghanistan in 2016 and King Abdullaziz Sash Award of Saudi Arabia in 2016.

IDFC Bank to be renamed as IDFC First Bank


IDFC Bank on October 25, 2018 proposed to change its name to 'IDFC First Bank Ltd' in the wake of its amalgamation with the non-banking financial company Capital First. The decision was taken during the meeting of the Board of Directors of IDFC Bank.

The proposal now needs the approval of the Reserve Bank of India (RBI). It would further require the approvals of statutory or regulatory authorities including the Registrar of Companies, Shareholders and other Stakeholders.

India, Bangladesh sign agreements for enhancing waterways connectivity; Bangladesh opens Chattogram and Mongla Ports


India and Bangladesh on October 25, 2018 signed several milestone agreements for enhancing inland and coastal waterways connectivity for trade and cruise movements. Bangladesh agreed to open its Chattogram and Mongla ports for trade with India.

Both the sides have also finalised the Standard Operating Procedure (SOP) for movement of passengers and cruise vessels on Inland Protocol route and coastal shipping routes. These river cruise services are likely to commence between Kolkata – Dhaka - Guwahati – Jorhat and back.

HRD Ministry launches the web portal of SPARC scheme


The Union Minister of Human Resource Development, Prakash Javadekar on October 25, 2018 launched the web portal of the scheme - “Scheme for Promotion of Academic and Research Collaboration (SPARC)” in New Delhi.

The SPARC scheme aims at improving the research ecosystem of India’s higher educational institutions by facilitating academic and research collaborations between Indian Institutions and the best institutions in the world.

Government to set up National Sports Stadium for differently-abled in Meghalaya

The Union Minister of Social Justice and Empowerment, Thaawarchand Gehlot, announced on October 25, 2018 that a stadium of international standard for differently-abled persons will be set up in Meghalaya.

The stadium will be constructed at an estimated cost of over Rs 200 crore. The announcement was made by the Minister while speaking at the Samajik Adhikarita Shivir, aids and assistive devices distribution camp, for differently-abled persons.

 

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