1.According to the International Air Transport Association (IATA), India will be the third largest aviation market globally, a year sooner than was earlier predicted.It is now expected to be among the top three countries by 2024 from its current seventh position.IATA said that air passenger numbers worldwide could double to 8.2 billion in 2037.
2.Prime Minister Narendra Modi will be on a two-day visit to Japan from 28 October 2018.The Prime Minister will attend the 13th India-Japan annual summit.He will also hold bilateral talks with Japan’s Prime Minister Shinzo Abe.He will visit Yamanashi prefecture at the foothills of Mount Fuji and also address community function in Tokyo.
3.Vigilance Awareness Week 2018 will be observed by the Central Vigilance Commission from 29 October to 3 November 2018.The theme for Vigilance Awareness Week 2018 is ‘Eradicate Corruption-Build a New India’.‘Awareness Gram Sabhas’ are also organised for the dissemination of awareness in Gram Panchayats (in rural and semi-urban areas) to sensitise the rural citizens.
4.The President of India, Ram Nath Kovind inaugurated the International Arya Mahasammelan on 25 October 2018 in Delhi.This is the 11th such international Arya Mahasammelan since 2006.Issues such as prevention of superstition, modernisation, women empowerment, tribal welfare, and management of natural calamities will be discussed at the convention.
5.The Kerala Infrastructure Investment Fund Board (KIIFB) will list masala bonds in the London and Singapore Stock Exchanges.The bonds are being floated to mobilise resources for infrastructure projects in Kerala.KIIFB had obtained clearance from the Reserve Bank of India.The KIIFB expects an interest of 9+ or 9- for the rupee-denominated borrowings.
6.Paytm Payments Bank appointed Satish Kumar Gupta as Managing Director and Chief Executive Officer of the digital bank.He was the Chief Product Officer at National Payments Corporation of India and State Bank of India.Paytm Payments Bank offers zero balance accounts and charges on digital transactions.
7.The ‘Kaiga Generating Station’ has created a world record for the longest uninterrupted operation of units having Pressurised Heavy Water Reactors (PHWRs).Unit-1 of Kaiga Generating Station (KGS-1) completed 895 days of continuous operation.The earlier record for PHWRs was held by Unit-7 of Pickering Nuclear Generating Station at Ontario, Canada which operated continuously for 894 days.
8.Prime Minister Narendra Modi inaugurated ‘Krishi Kumbha 2018-a mega farmers’ conclave in Lucknow on 26 October 2018.The aim of the conclave is to promote modern technique and diversification in agriculture that could help farmers to double their income.Israel and Japan are official partners of Krishi Kumbh 2018.Haryana and Jharkhand are the partner states for Krishi Kumbha 2018.
9.The North Atlantic Treaty Organisation’s (NATO) biggest military exercise, ‘Trident Juncture 2018’, since the Cold War has started in Norway on 25 October 2018.The exercise brought together around 50,000 personnel from all 29 NATO allies, plus partners Finland and Sweden.The exercise will run till 7 November 2018 in central and eastern Norway, the North Atlantic and the Baltic Sea.
10.Ethiopia’s parliament has appointed the country’s first female President, Sahle-Work Zewde.Sahle-Work has been Ethiopia’s ambassador to France, Djibouti, Senegal, and the regional bloc, the Intergovernmental Authority on Development.Just prior to her appointment as President, she was the UN’s top official at the African Union.As President she is expected to serve two six-year terms.
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