Current Affairs 5th October 2018

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Current Affairs

Current Affairs 5th October 2018

NATIONAL

  • Russian President Vladimir Putin reached New Delhi on a two-day visit to India. He will attend the 19th India-Russia Annual Bilateral Summit in New Delhi. During the visit, President Putin will hold delegation level talks with Prime Minister Narendra Modi.
  • National Mission for Clean Ganga (NMCG) has partnered with Tata Steel Adventure Foundation (TSAF) to launch a month-long rafting expedition of a team of 40 members which will be led by the first Indian woman to scale Mount Everest Ms. Bachendri Pal. 
  • India and ADB sign $ 150 Million Loan Agreement to support India’s First Global Skills Park
  • The Bureau of Police Research and Development (BPR&D), Ministry of Home Affairs is organising the First ever Regional Conference at Shimla on ‘Women in Detention and Access to Justice’ in collaboration with the Prison Department, Himachal Pradesh. 
  • The National Khadi Festival 2018 is being organised by Khadi and Village Industries Commission (KVIC) to promote Khadi products.
  • Cabinet Committee on Economic Affairs, CCEA, has increased the Minimum Support Price (MSP) for all Rabi crops for the current financial year which will be marketed in 2019-20 season.

AWARDS

  • Prime Minister Narendra Modi gave awards to top Ranked State, District and State with maximum citizen participation based on the National Swachh Survekshan Grameen 2018 commissioned by Ministry of Drinking Water and Sanitation.

BANKING & ECONOMY

  • Reliance Industries’ Chairman Mukesh Ambani has emerged as the richest Indian for the 11th consecutive year with a net worth of USD 47.3 billion, according to Forbes magazine.
  • The Reserve Bank of India (RBI) has allowed state-owned oil companies to borrow long-term working capital from overseas. RBI relaxed the policy on borrowing up to 10 billion US dollar from the overseas by the state-owned fuel retailers.
  • Chanda Kochhar has quit as CEO of ICICI Bank with immediate effect. The private lender has appointed Sandeep Bakhshi as managing director and chief executive officer for five years, subject to regulatory approval.

SPORTS

  • Prithvi Shaw has become the youngest Indian to score a century on Test debut, achieving the feat aged 18 years and 329 days against Windies in Rajkot, Gujarat. Shaw broke the 59-year-old record set by AA Baig (20 years and 126 days).