1.The 10th ‘Apeejay Literary Festival’ will be held from 18 January 2019 to 20 January 2018 in Kolkata.The festival will focus on health, current affairs, women’s issues and children’s literature among other themes.Andrew Sean, author Devdutt Pattanaik, historian Ramchandra Guha, actor Naseeruddin Shah will be addressing the event.
2.India Pavilion was inaugurated at Videocittà 2018 in Rome on 2 November 2018.India was partner country at Videocittà 2018.Videocittà 2018 is an event focussing on Virtual Reality, Video gaming, Animation, Film Making, etc.India’s participation at Videocittà 2018, Rome was organized by Ministry of Information & Broadcasting.
3.The Reserve Bank of India (RBI) permitted banks to provide partial credit enhancement (PCE) to NBFCs and HFCs on 2 November 2018.PCE will be provided to bonds issued by systematically important Non-Banking Financial Company (NBFC) and Housing Finance Companies (HFCs).The proceeds from the bonds backed by PCE from banks will be utilised for refinancing the existing debt of the NBFC/HFCs.
4.The government of India has promulgated the Companies Amendment Ordinance, 2018 to promote Ease of Doing Business with better corporate compliance.President Ram Nath Kovind gave his assent to the promulgation of the Ordinance.The main amendments in the Act include shifting of the jurisdiction of 16 types of corporate offences from the Special Courts to in-house adjudication.
5.More than one crore twenty lakh subscribers have joined Atal Pension Yojana (APY).More than 27 lakh new subscribers have joined the scheme during the current financial year.States, such as Uttar Pradesh, Bihar, Andhra Pradesh, Maharashtra and Karnataka are the top contributors in the Atal Pension Yojana enrollment.
6.The Maharashtra Cabinet approved the conversion of decommissioned carrier INS Viraat into a floating museum on 2 November 2018.The carrier will be housed on a concrete foundation near Nivati Rocks in Sindhudurg in Konkan region of Maharashtra.The project will be implemented through public-private-partnership (PPP).INS Viraat was decommissioned in March 2017.
7.Kirloskar Capital has received a licence from the Reserve Bank of India (RBI) to start a Non-Banking Financial Company (NBFC).Kirloskar Capital is a wholly-owned subsidiary of Kirloskar Oil Engines (KOEL).It will be headed by Vimal Bhandari.Prior to joining Kirloskar Capital, Vimal Bhandari was the Chief Executive Officer (CEO) of Indostar Capital.
8.Rahul Dravid became the fifth Indian to be inducted in the ‘ICC Hall of Fame’ on 1 November 2018.Rahul Dravid, along with Ricky Ponting and England women wicketkeeper Claire Taylor, were announced as the new inductees in the Hall of Fame.
9.The Indian Ocean Rim Association (IORA) has established the Nelson Mandela ‘Be the Legacy’ internship programme on 3 November 2018.The programme is aimed at empowering young people under the age of 30 years from IORA member states with work experience in their chosen fields of study.The programme will be launched on 18 July 2019.
10.Ola mobility institute has released ‘Ease of Moving Index 2018’ on 1 November 2018.The index covers 20 cities inhabited by approximately 92 million people and was based on a survey of over 43,000 respondents along with secondary data inputs. Kolkata was ranked first in terms of affordability of public transport.Delhi’s transport has been found to be most comfortable.
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