1.Anil Kumar Chaudhary has been appointed as the new chairman of the Steel Authority of India (SAIL).Chaudhary, at present, has been serving as the Director (Finance) in the country’s largest steel making company.The post of SAIL chairman fell vacant on June 30 with the retirement of P K Singh.
2.Habibganj railway station is being reconstructed on the lines of Germany’s Heidelberg railway station.It is being constructed by the Indian Railway Stations Development Corporation, a special purpose vehicle of the railway ministry, along with a private firm, Bansal Pathways Habibganj Private Ltd.It is the first Indian Railway station to be redeveloped on the lines of Germany’s Heidelberg.
3.Vice President of India, Shri M. Venkaiah Naidu was on an official Visit to Serbia, Malta and Romania from September 14-20, 2018.The visit was characterised by extremely cordial discussions with Heads of Governments, PMs and other senior political leaders.Serbian PM – Ana Brnabic.Malta’s PM – Joseph Muscat.Romanian PM – Viorica Dancila.
4.Prime Minister Narendra Modi has launched Ayushman Bharat - Pradhan Mantri Jan Aarogya Yojana from Ranchi, Jharkhand. Under this scheme, over 10 crore families will be provided health assurance worth five lakh rupees each, every year.This is the world’s largest government-funded healthcare program targeting more than 50 crore beneficiaries. The scheme will provide cashless and paperless access to services for the beneficiary at the point of service.
5.Opposition leader Ibrahim Mohamed Solih won the Maldives' presidential election, a surprise defeat for President Abdulla Yameen. Results released by the Elections Commission showed Solih had secured 58.3% of the popular vote.Maldives Capital- Male, Currency-Rufiyaa.
6.The BRICS' New Development Bank has approved a $525-million loan for infrastructure projects in India. The loan will be used by the Indian government for on-lending to the Madhya Pradesh government for rehabilitating major district roads with a total length of about 2,000 km.The loan aims to improve connectivity of the rural interior with the national and state highways.BRICS bank CEO -K V Kamath, Headquarter- Shanghai, China.
7.Global research agency Fitch has raised India’s growth forecast for the current fiscal to 7.8 per cent from the earlier 7.4 per cent. However, forecast for the next two fiscal, 2019-20 and 2020-21, have been shaved by 20 basis points (100 basis points means 1 per cent) to 7.3 per cent.
Fitch’s latest projection for the current fiscal is higher than what is estimated by the Reserve Bank of India and even the Government. While the RBI’s estimate is 7.4 per cent, the Government feels that it could be 7.5 per cent. However, the International Monetary Fund (IMF) cut its projection to 7.3 per cent from 7.4 per cent. India Ratings too lowered its growth projection by 20 bps to 7.2 per cent.
Fitch’s latest projection for the current fiscal is higher than what is estimated by the Reserve Bank of India and even the Government. While the RBI’s estimate is 7.4 per cent, the Government feels that it could be 7.5 per cent. However, the International Monetary Fund (IMF) cut its projection to 7.3 per cent from 7.4 per cent. India Ratings too lowered its growth projection by 20 bps to 7.2 per cent.
8.State-run telecom firm BSNL has inked a pact with Japan’s Softbank and NTT Communications to roll out 5G and internet of things (IoT) technology in India. BSNL will look at collaborating with Softbank for its satellite constellation which will have around 900 satellites.was launched in India after seven years the technology was available in other foreign markets and 4G services after four years’ lag but according to BSNL CMD Anupam Shrivastava 5G will be launched in India in 2020 as soon the standards are freezed by ITU.SoftBank Group CEO Masayoshi Son.NTT Comm. CEO Tetsuya Shoji
9. Prime Minister Narendra Modi inaugurated the Pakyong Airport in Sikkim on September 24, nine years after the foundation stone was laid. The airport is the hilly state's first and only airport. Currently, the nearest airport for the people of Sikkim is 124 kilometre (km) away in Bagdogra, West Bengal.
The airport is spread over 201 acres. The foundation stone for the greenfield airport was laid in Pakyong in 2009, which is around 33 km from Gangtok, the state capital. The airport is located around 60 km from the Indo-China border. It is constructed by the Airports Authority of India (AAI). The project cost Rs 553 crore.
9. Prime Minister Narendra Modi inaugurated the Pakyong Airport in Sikkim on September 24, nine years after the foundation stone was laid. The airport is the hilly state's first and only airport. Currently, the nearest airport for the people of Sikkim is 124 kilometre (km) away in Bagdogra, West Bengal.
The airport is spread over 201 acres. The foundation stone for the greenfield airport was laid in Pakyong in 2009, which is around 33 km from Gangtok, the state capital. The airport is located around 60 km from the Indo-China border. It is constructed by the Airports Authority of India (AAI). The project cost Rs 553 crore.
10.Andhra Pradesh has topped the charts among States in terms of “Ease of Living Index” rankings launched by the Ministry of Housing and Urban Affairs (MoHUA). It was followed by Odisha and Madhya Pradesh.The three States were awarded the three best performing States under Atal Mission for Rejuvenation and Urban Transformation (AMRUT) at the National Dissemination Workshop on Ease of Living Index, 2018.
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