Frances H. Arnold, George P. Smith, Sir Gregory P. Winter win 2018 Nobel Prize in Chemistry
The Royal Swedish Academy of Sciences on October 3, 2018 awarded the 2018 Nobel Prize in Chemistry with one half to Frances H. Arnold “for the directed evolution of enzymes” and the other half jointly to George P. Smith and Sir Gregory P. Winter “for the phage display of peptides and antibodies”.
The all three of them harnessed the power of evolution which is revealed through the diversity of life. They took control of evolution and used it for purposes that bring the greatest benefit to humankind.
The ICCI Bank CEO and MD, Chanda Kochhar quit her position with immediate effect on October 4, 2018. The announcement came after her plea for early retirement was accepted by the bank.
Kochhar, who had headed ICICI Bank since May 2009, is also stepping down from the board of directors of its units. Her third term was set to end in March 2019. Sandeep Bakhshi, who was appointed as the bank's COO in June 2018, has been named to succeed Kochhar as the bank’s new Managing Director and Chief Executive Officer.
Bakhshi has been appointed for a period of five years until October 3, 2023, subject to various approvals. He had previously taken the helm on an interim basis in June after Kochhar had been sent on leave pending an inquiry. He is a former head of the life insurance arm at ICICI Bank, which is India's third-largest lender by assets.
Aung San Suu Kyi becomes first person to lose honorary Canadian citizenship
Myanmar leader Aung San Suu Kyi on October 3, 2018 became the first person to be stripped of the honorary Canadian citizenship for her role in gross human rights violations against the Rohingya people.
The Canadian Senate formally revoked the symbolic honour that was bestowed on Suu Kyi in 2007. Senators unanimously adopted a genocide motion tabled by Independent Senator Ratna Omidvar in the red chamber.
Senator Ratna Omidvar said that "We need to send a strong signal here in Canada and around the world that if you're an accomplice of a genocide, you are not welcome here. Certainly not as an honorary Canadian citizen.”
PM Narendra Modi inaugurates first assembly of International Solar Alliance
Prime Minister Narendra Modi on October 2, 2018 inaugurated the first Assembly of the International Solar Alliance at Vigyan Bhawan, New Delhi in the presence of the United Nations’ Secretary General Antonio Guterres.
The same event saw the inauguration of the second IORA Renewable Energy Ministerial Meeting and the 2nd Global RE-Invest (Renewable Energy Investors’ Meet and Expo). The Business and Technical Sessions of ISA Assembly, IORA Meet and RE-INVEST 2018 Expo will be held at India Expo Mart, Greater Noida, Uttar Pradesh from October 3-5, 2018.
The Small Industries Development Bank of India (SIDBI) launched a National Level Entrepreneurship Awareness Campaign ‘Udyam Abhilasha’ in 115 aspirational districts identified by NITI Aayog on October 2, 2018, on the occasion of the birth anniversary of Mahatma Gandhi.
The awareness campaign was launched in 115 aspirational districts in 28 states, reaching to around 15000 youth. The main aim behind the initiative is to contribute to ‘the transformation mission’ unleashed for these districts.
Video: Check out the latest current affairs of this week