 Midsized private sector lender Yes Bank has paid Rs 38 crore in fines to the GST department for alleged violations in domestic remittances. Over Rs. 32 crore has been paid to the GST department, while Rs 6 crorehas been paid in service tax which has been replaced by GST. The issue relates to remittances by migrants from urban pockets to their homes in rural areas. The tax department feels the bank has violated norms and underpaid the tax, while the bank feels the opposite. |
| Source-Inshorts |
 The Women’s Boxing World Championships, to be hosted by India after more than a decade, will be held from November 15-24, 2018, in New Delhi. The teams will have to be in the national capital by November 13, with the competition starting two days later. The marquee tournament was last held in India in 2006 and remains the best for the country in terms of performance. India had topped the medal tally with four gold, three silver and one bronze medal. |
| Source-The Pioneer |
 India won 3 Gold, 3Silver and a Bronze on the opening day of the 5th Track Asia Cup Cycling in New Delhi. Mayuri Lute won the country's first Gold in the Women's Junior 500 metres race. Another Gold came after the Indian men's junior team performed as expected in the team sprint event, by defeating Kazakhstan. The tournament at the Indira Gandhi Indoor Stadium is being organised by the Cycling Federation of Indiaand has attracted participation from 12 countries. |
| Source- News on AIR |
 India settled for the silver medal after losing to Pakistan 2-3 in the final of the Asian Team Snooker Championship. Pankaj Advani and Malkeet Singh represented India while Babar Masih and Mohammad Asifwere from the Pakistani side. |
| Source-The Hindu |
 Vietnamese President Tran Dai Quang died aged 61 at a military hospital in the capital Hanoi following a period of illness. Quang was appointed the president, a largely ceremonial role, in April 2016, and served alongside Vietnam’s de facto leader Communist Party Secretary Nguyen Phu Trong and Prime Minister Nguyen Xuan Phuc. Before that, he served as minister of public security. |
| Source- CNN |
 India has contributed one million US dollars for the installation of solar panels on the roof of the imposing UN building at the world body’s headquarters in New York. The contribution will help reduce carbon footprint and promote sustainable energy. According to India’s Permanent Representative to the UN Ambassador Syed Akbaruddin, India is the first responder to Secretary-General Antonio Guterres‘ call for climate action. The UN has thanked India for its contribution. |
| Source-News on AIR |
 World Bank Board has endorsed an ambitious five-year Country Partnership Framework (CPF) for India, which aligns with New Delhi’s objectives of high, sustainable and inclusive growth. The framework is expected to bring between 25 and 30 billion US Dollars in financial support to India. The move is aimed at supporting India’s transition to a higher middle-income country by addressing some of its key development priorities such as resource efficient and inclusive growth, job creation and building its human capital. |
| Source-News on AIR |
 Prime Minister Narendra Modi laid the foundation stone of India International Convention and Expo Centre (IICC) in Dwarka, New Delhi. The facilities provided at the centre will be on par with the best in the world in size and quality, offering setting for international and national events, meetings, conferences, exhibitions and trade shows. It will rank among the top 10 in the world and the biggest indoor exhibition space in India. The project is planned over an area of 221.37 acres in Sector 25, Dwarka, at an estimated cost of Rs 25,703 crore. |
| Source- DD News |
 The Vice President of India, M. Venkaiah Naidu was on an official Visit to Serbia, Malta and Romania and returned after a successful official visit. The visit was characterised by extremely cordial discussions with Heads of Governments, PMs and other senior political leaders. The visit helped in deepening bilateral ties with each of these three countries. |
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| Source- Press Information Bureau (PIB) |
 The Ministry of Home Affairs (MHA) and Indian Space Research Organization (ISRO), Department of Space signed an MoU for setting up of an state-of-the-art Integrated Control Room for Emergency Response (ICR-ER) in Ministry of Home Affairs. ISRO will render its technical expertise for setting up of proposed ICR-ER whereas the project will be executed under overall supervision of MHA. The proposed Control Room is expected to be established in next one-and-a-half year. |
| Source-Press Information Bureau (PIB) |
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