Current Affairs

 India-born Harvard University professor Gita Gopinath has been appointed as the Chief Economist of the International Monetary Fund (IMF) by IMF's Managing Director Christine Lagarde. Ms. Gopinath will succeed Maurice (Maury) Obstfeld. Ms. Gopinath currently serves as the John Zwaanstra Professor of International Studies and Economics at Harvard University. The 46-year-old is also Economic Adviser to Kerala CM. 
Source- imf.org

 The Centre has appointed former IAS officer Rangachari Sridharan as chairperson of the National Financial Reporting Authority (NFRA), an entity which will function as an independent regulator for the auditing profession. Sridharan is a retired 1983 batch IAS officer of the Karnataka cadre. The appointments committee of the cabinet also approved the appointment of retired Indian Audit and Accounts Service officer of the 1980 batch, Prasenjit Mukherjee as a full-time member in NFRA. 
Source- The Times of India

 The Nobel Medicine or Physiology Prize has been awarded to James P Allison and Tasaku Honjo “for their discovery of cancer therapy by inhibition of negative immune regulation.”. This is for the first time that no Literature Prize will be given in 70 years because of a #MeToo scandal. The Nobel Prize in Physiology or Medicine was awarded by the Nobel Assembly at Karolinska Institutet, Stockholm, Sweden.
Source- nobelprize.org

  The three day Kalahandi Dialogue, a global conclave on development has been launched by Chief Minister Shri Naveen Patnaik. Using the platform the Chief Minister launched several projects for the district of Kalahandi. Sujeet Kumar was the Chairperson of Kalahandi Dialogue. The dialogue aimed to involve youth in development activities. New PG programmes launched at OUAT and three centres of excellence were launched.
Source- orissadiary

 Mr. Dharmendra Pradhan, Union Minister of Petroleum and Natural Gas & Skill Development and Entrepreneurship launched an innovative initiative titled SATAT (Sustainable Alternative Towards Affordable Transportation). This initiative would benefit both vehicle-users as well as farmers and entrepreneurs. It has been launched with PSU Oil Marketing Companies (OMCs) to set up Compressed Bio-Gas (CBG) production plants and make available CBG in the market for use in automotive fuels. 
Source- Press Information Bureau

 Nobel Prize Winner Malala Yousafzai will be honored by Harvard University for her work promoting girls’ education. Harvard’s Kennedy School stated that Yousafzai will be conferred with the 2018 Gleitsman Awardat a ceremony on 6th December. Now aged 20, Yousafzai is a student at Oxford University in England. The Gleitsman Award provides 125,000 US dollars for activism that has improved quality of life around the world. 
Source-News on AIR

 Kolkata Municipal Corporation (KMC) launched a Flood Forecasting and Early Warning System (FFEWS)for Kolkata City. It is also India’s first comprehensive city-level FFEWS. It will reduce economic loss and impacts on livelihood and improve flood awareness and safety at the community level. The Asian Development Bank (ADB) funded the design and implementation of the FFEWS through a $1 million technical assistance to KMC from its Urban Climate Change Resilience Trust Fund under the Urban Financing Partnership Facility. 
Source- Press Information Bureau (PIB)

 Ministry of AYUSH has set up an AYUSH Information Cell at the premises of the Indian Embassy in Romania to disseminate authentic information about AYUSH system of medicine and encourage Ayurveda practice in Romania. The AYUSH Information Cell, Romania will help to organise lectures, consultation, conduct seminars, training courses and facilitate associations of AYUSH stakeholders for networking conducting meetings, develop awareness of AYUSH system among public in Romania. 
Source- Press Information Bureau (PIB)

 Canada agreed to sign a trade deal with the United States and Mexico, revamping the North American Free Trade Agreement (NAFTA) after almost a year of negotiations. The new deal has been named the United States-Mexico-Canada Agreement (USMCA). The trilateral pact is expected to be signed by the three North American countries, after which it would be submitted to Congress. Under the agreement, Canada has agreed to export a quota of 2.6 million vehicles to the United States in the wake of 25% global autos tariffs imposed by the US on national security grounds. 
Source- CNBC

 The MoU between the Portuguese Environment Ministry and Goa Public Works Department (PWD) was signed. It will help Goa manage its water resources better. 
The signing of the two-year long arrangement is a significant move to work in tandem to develop common initiatives for water supply and wastewater management in the state. The projects would include:
  • 1. Opa water supply project in north Goa,
  • 2. Sewage water treatment plant in Valpoi and
  • 3. Manganese-removal efforts in Selaulim Reservoir.
Source- IB Times


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