 The second edition of service specific exercise AVIAINDRA between Indian Air Force and Russian Federation Aerospace Force (RFSAF) was held at Air Force Station Jodhpur, Rajasthan. The inaugural IAF-RFSAF Ex AVIAINDRA was conducted in 2014 and since then it is conducted bi-annually (twice a year) in both countries. |
| AVIAINDRA 2018 The aim of this exercise is focused towards anti-terrorist operations in bi-lateral scenario. It also seeks to further enhance co-operation and understanding between Air forces of both countries in each other’s Concept of Operations. This edition of exercise is planned in two phases. The exercise is unique wherein foreign participant does not bring its air assets. In Russia IAF pilots flew alongside their Russian counterparts in RFSAF aircraft at Lipetsk in September 2018. Similarly in India, RFSAF pilots will fly alongside their Indian counterparts in the IAF aircraft, which are common to both Air Forces. |
 Shi Yomi formally became 23rd district of Arunachal Pradesh after it was inaugurated by Chief Minister Pema Khandu in presence of Union Minister of State for Home Kiren Rijiju. It was created by bifurcating West Siang district with its headquarters at Tato. It will have four administrative units namely Mechuka, Tato, Pidi and Manigong. Two more districts Pakke-Kesang and Lepa Rada will be formally inaugurated in the state within taking the total to 25. |
| Background In August 2018, Arunachal Pradesh Legislative assembly has passed Arunachal Pradesh Re-Organisation of Districts (Amendment) Bill, 2018 for creation of three new districts, Pakke-Kesang, Lepa Rada and Shi Yomi in the state. These new districts were created keeping in view of large geographical area, inaccessible terrains, growing demands of people, bring administration to their door-steps and for all-round equal development in all parts of the state. With addition of these three new districts, state will have total 25 districts from earlier 22 districts. Pakke-Kessang district will be carved out of East Kameng district with five administrative units namely Pakke-Kessangn, Seijosa, Pijiriang, Passa Valley and Dissingn Passo with district headquarters at Lemmi. Lepa Rada district will be created by bifurcating Lower Siang district with headquarters at Basar. It will have four administrative units Tirbin, Basar, Daring and Sago. |
 Khelo India Youth Games-2019 will be held in Pune of Maharashtra in January. Sports Minister Col Rajyavardhan Rathore announced that 9000 youth will participate in this edition of the game. Under Khelo India programme, the government is providing scholarships to 1500 students from across the country. Last year around 3500 school children had participated in the event. In this edition of Khelo India Youth Games university players will also take part. |
| Source: Air World Service |
 In a major push to kickstart listing of start-ups in India in a big way, capital markets regulator SEBI has lined up a slew of relaxations for new-age ventures. The proposed changes include renaming the Institutional Trading Platform (ITP) that the regulator had created for such listings as Innovators Growth Platform (IGP). The changes include doing away with the requirement of at least 50% of pre-issue capital being held by qualified institutional investors. |
| Source- The Economic Times |
 Atul Sahai has been appointed as the Chairman and Managing Director (CMD) of the country’s largest general insurance company New India Assurance. The post had been lying vacant since July 2018 after former chairman and managing director G Srinivasanretired. The appointments committee of the cabinet announced that Sahai who is the General Manager at Oriental Insurance will be appointed for a period of five years. Sahai’s name was recommended by the department of financial services after interviews were held for the position almost three months back. |
| Source: The Moneycontrol |
 Rashtriya Lok Samta Party (RLSP) Chief Upendra Kushwaha resigned as Union Minister of State in the Ministry of Human Resource Development. This comes a day ahead of the start of the Parliament’s Winter Session, triggering a realignment of political equations in Bihar. |
| Source- DD News |
 Flipkart-owned Myntra’s CEO Ananth Narayanan has resigned from his role with his position set to be abolished. Flipkart’s Amar Nagaram has been given the responsibility to head Myntra. Key Myntra leaders such as Chief Revenue Officer Mithun Sundar and human resources head Manpreet Ratia have also resigned. |
| Source: The Quint |
 A day before the results of polling in the five states, Reserve Bank of India governor Urjit Patel stepped down from his post. Patel, who cited “personal reasons” behind his decision, was in a conflict with the Union finance ministry over matters related to the monetary policy. |
| Source- The Quint |
 Mexico’s Vanessa Ponce de Leon won the coveted Miss World 2018 crown at a grand event held in the Chinese city, Sanya. Thailand’s Nicolene Pichapa Limsnukan was declared the runner-up. Former Miss World Manushi Chillar (India) presented the crown to the new winner during the pageant in which 118 contestants participated. Anukreethy Vas participated in the event from Indian side. |
| Source- AIR World Service |
 The first International Conference on ‘Sustainable Water Management’ was held at Indian School of Business (ISB) in Mohali, Punjab. The conference was organized by Bhakra Beas Management Board (BBMB) under the aegis of the National Hydrology Project of the Union Ministry of Water Resources, River Development and Ganga Rejuvenation. The theme of the international conference is ‘Sustainable Water Management’. The inaugural session of the conference was attended by Himachal Pradesh Governor Acharya Devvrat, who was the chief guest of the event and UP Singh, Secretary at the Union Ministry of Water Resources, who was the guest of honour. |
| Source- The Hindu |
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