Current Affairs Today 18 October 2017

Current Affairs Today 18 October 2017

Current Affairs Today 18 October 2017

National:

1. All Institute of Ayurveda inaugurated on Ayurveda Day.

P.M told that the government is working towards setting up an Ayurveda hospital in each district, and asserted that time had come for a “health revolution” under the aegis of the traditional medicine system. Addressing a gathering after dedicating the first All India Institute of Ayurveda to the nation here, the Prime Minister pitched for affordable and accessible healthcare for the poor on Ayurveda Day on Tuesday.
The AYUSH Ministry is working swiftly in this direction, and in more than three years, more than 65 AYUSH hospitals have been developed. The day was also celebrated as Dhanwantari Jayanti (Dhanteras) across India.

Person in news:

1. Laksmi Mittal donated 25 million US dollars to Harvard University

Current Affairs Today 18 October 2017Steel tycoon Lakshmi Mittal donated a whopping USD 25 million to the prestigious Harvard University with an aim to increase engagement with India and other South Asian countries.
The donation will establish an endowed fund for the South Asia Institute at the university.
The institute spearheads Harvard’s engagement with South Asian countries, including, India, Afghanistan, Bangladesh, Bhutan, Maldives, Myanmar, Nepal, Pakistan and Sri Lanka as well as diaspora populations from these countries, the university said in a statement. As a result of the endowment from the Mittal
Foundation, Harvard’s South Asia Institute would be called as Lakshmi Mittal South Asia Institute at Harvard University.

2. UN medal for Indian peacekeepers in South Sudan

Fifty Indian peacekeepers stationed in South Sudan have been awarded the UN Medal for their professionalism and service in protecting civilians and building durable peace in the conflict ridden country.
The Indian peacekeepers are part of the UN Mission in South Sudan (UNMISS). UNMISS Force Commander General Frank Mushyo Kamanzi.

International

1. Journalist who leaked panama papers killed

A journalist ( Daphne Caruana Galizia) who led the Panama Papers probe into corruption in Malta was killed on Monday in a car bomb.

2. Rohingya crisis is worst than Syrian crisis

Between 10,000 and 15,000 Rohingya have arrived in Bangladesh over the past 48 hours, taking the total Rohingya population to have fled Myanmar to 5,82,000, the UN High Commissioner for Refugees (UNHCR) announced on Tuesday.
The Rohingya refugee crisis is worse than the exodus from Syria, William Lacy Swing, Director-General of
the UN’s International Organisation for Migration (IOM), says. The Rohingya exodus from southwest Myanmar to southeast Bangladesh is “man-made” and “needs a political solution”.
Fact sheet:
Estb: 1951
HQ: Geneva. Switzerland
Director General: WIlliam Lacy Swing

Economy:

1. Commodity options on gold futures

India’s largest commodity exchange MCX on Tuesday launched options trading in gold with Finance Minister Arun Jaitley describing it as one of the steps towards formalising gold trade in the country. Commodities regulator Sebi allowed MCX in August to launch options trading in gold. Based on the success of the gold options,MCX said it will seek the regulator’s nod for options trade in cotton, crude palm oil, silver and copper, said MCX Chief Executive Mrugank Paranjape.
Gold is the first product for options trading allowed by Sebi after 14 years of commodity exchanges in the country. Developments: The Finance Ministry had set up a committee for suggesting measures to transform India’ s gold market, said MCX Chairman Saurabh Chandra.
To further strengthen the market, a panel had been constituted in NITI Aayog to integrate spot and derivative markets, he added.

2. Nalco plans two joint ventures

Aluminium major Nalco is planning to set up two joint ventures – one with USbased Almex and another with Russia’s Rusal – at the upcoming Angul Aluminium Park in Odisha.

Sports:

1. Life ban on Sreesanth restored by Kerala H.C

A Division Bench of the Kerala High Court on Tuesday set aside a single judge’s verdict quashing the life ban imposed on cricketer S. Sreesanth by the Board of Control for Cricket in India (BCCI) in the wake of the 2013 IPL spot-fixing scandal.

Awards:

1. Javed Akhtar conferred with Hridaynath award

Veteran writer-lyricist Javed Akhtar is being honoured with the Hridaynath Mangeshkar Award on the 28th anniversary of Hridayesh Arts and the 80th birthday of veteran music composer Hridaynath Mangeshkar.

Environment and Ecology:

1. Sawfish facing more threatening than tiger

A statement issued by the Central Marine Fisheries Research Institute here on Monday said the sawfish may be the most endangered fish species in India.
Sawfish are elasmobranchs, meaning their skeleton is made of cartilage. They are closely related to sharks and have shark- shaped bodies and, hence, are also called flat sharks.
The CMFRI statement said: “The sawfish family has been assessed either ‘Endangered’ or ‘Critically Endangered’ in the International Union for Conservation of Nature Global Red List, considering their threatened status, high extinction risk and observed population decline.”