Top 5 Current Affairs: 5 November 2018

Nov 5, 2018 17:47 IST
Top 5 Current Affairs: 5 November 2018

Delhi’s Signature Bridge: All you need to know

Delhi Chief Minister Arvind Kejriwal on November 4, 2018 inaugurated the long awaited Delhi's Signature Bridge, the first asymmetrical cable-stayed bridge in India.

The bridge was constructed by the Delhi Tourism and Transport Development Corporation (DTTDC) at an expenditure of Rs 1,518.37 crore. The 675-metre bridge aims to reduce travel time and traffic congestion between the north-eastern and northern parts of Delhi.

The bridge was first approved in 1997 after school bus fell off the narrow Wazirabad Bridge into the Yamuna, killing 22 children. However, a number of hurdles and budget modifications led to the delay in its completion.

USITC rules against anti-dumping duty on PTFE resin from India, China

The US International Trade Commission on November 2, 2018 ruled against putting an anti-dumping duty on the import of a synthetic fluoropolymer from India and China. The fluoropolymer is a key ingredient in the non-stick coating for pans and other cookware.

The counsel for the foreign exporters in this proceeding, Dharmendra Choudhary, said an antidumping order would have been issued without this remarkable success at USITC.

The counsel, while underscoring that the threshold for injury determination at USITC is very low, said that the federal American body generally sides with the US domestic industry.

RBI initiates process to set up digital Public Credit Registry

The Reserve Bank of India has initiated the process to set up a digital Public Credit Registry to capture all the details of borrowers, including wilful defaulters and also the pending legal suits in order to check financial delinquencies.

The public credit registry will also include data from entities like market regulator SEBI, the corporate affairs ministry, Goods and Service Tax Network and the Insolvency and Bankruptcy Board of India to enable the banks and financial institutions to get a 360-degree profile of existing and prospective borrowers on a real-time basis.

IIT-Madras develops India’s first microprocessor ‘Shakti’

The researchers at the Indian Institute of Technology Madras (IIT Madras) have designed India’s first indigenous microprocessor, which will reduce dependency on imported microchips and the risk of cyber attacks.

The microprocessor called ‘Shakti’ was designed, developed and booted by IIT Madras with a microchip fabricated in the Semi-Conductor Laboratory of Indian Space Research Organisation (ISRO) at Chandigarh. It has been developed at an outlay of about Rs 11 crore.

3rd Ayurveda Day observed across India

The Ayurveda Day was observed across India on November 5, 2018 on the occasion of the Dhanawantari Jayanti or Dhanteras with an aim to further promote Ayurveda as the mainstream system of medicine.

The theme of the 3rd Ayurveda Day was “Ayurveda for Public health”. Every year, the Ministry of AYUSH observes Ayurveda Day on the occasion of Dhanawantari Jayanti (Dhanteras).

Ayurveda is perceived as one of the well documented systems of medicine, equally relevant in modern times. Prevention of disease and promotion of health is the main aim of Ayurveda. Lord Dhanvantari is considered as divine propagator of Ayurveda. He holds the virtues of granting health and wealth.

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