Current Affairs » November 2018 » Indian Navy To Recruit Women Sailors For The First Time

Indian Navy to recruit women sailors for the first time
Current Affairs Headlines of 05th November, 2018

Indian Navy to recruit women sailors for the first time

For the first time ever, the Indian Navy is looking at recruiting women in the rank of sailors. The matter was discussed at the three-day Naval Commanders Conference that concluded on 2nd November 2018.

Defence Minister Nirmala Sitharaman, while addressing the conference urged the Navy to give impetus to the enrolment of women.

To this, Navy Chief Admiral Sunil Lanba confirmed that enrolment of women in the sailor rank was one of the agendas of the conference.

Jharsuguda Airport renamed as “Veer Surendra Sai Airport, Jharsuguda”

The Union Cabinet chaired by Prime Minister Shri Narendra Modi has approved renaming of Jharsuguda Airport (in Odisha) as “Veer Surendra Sai Airport, Jharsuguda”.

Veer Surendra Sai was an Indian freedom fighter and tribal leader who sacrificed his life fighting against the British East India Company.

It will fulfil the long-pending demand of the Odisha Government, which reflects the sentiments of the local public of the respective area.

Nearly 4000 farmers register online for sale of groundnut under MSP scheme in just two hours on day one

In the Bhavantar Yojana, the rate of procurement is calculated on the basis of various factors including the day to day price in the APMCs and that in other two main producer states after which the average of the three becomes the final rate.

Under the MSP scheme we are paying Rs 1000 per 20 kg and had it been the Bhavantar yojana it would have been by my reckoning Rs 100 to 250 less than this.

Researchers says Coconut oil is a bug repellent

Researchers from the U.S. Department of Agriculture compounds derived from coconut oil are better than diethyltoluamide (DEET) at preventing disease transmission and discomfort associated with insect bites.

DEET has been considered the gold standard in insect repellents, the most effective and long-lasting available commercially, for more than 60 years.

However, increasing regulations and growing public health concerns about synthetic repellents and insecticides like DEET have sparked interest in developing plant-based repellents that are more effective and longer lasting.

The coconut oil-derived free fatty acid mixture, lauric acid, capric acid and caprylic acid as well as their corresponding methyl esters, provides strong repellency against blood-sucking insects.

More than 1 crore members added to EPFO in last two years

According to the Union Labour Minister Santosh Kumar Gangwar, more than 1 crore members have been added to Employees‘ Provident Fund Organisation in the last two years.

It is the constant endeavour of the government to bring more workers in the unorganised sector under the fold of the EPFO.

Around 40 crore people are working in the unorganised sector and our government is more concerned about them.

India and Japan sign a loan agreement worth Rs. 1817 crore

India and Japan have signed a loan agreement worth of approximately 1817 crores for the construction of Turga Pumped Storage (I).

The objective of the Project is to strengthen the capability to respond to a fluctuation in supply and demand of power and to improve the stability of the power supply.

In the last few years, the economic cooperation between India and Japan has steadily progressed.

This further consolidates and strengthens the Strategic and Global Partnership between India and Japan.

Tata Chemicals Limited plans capital expenditure of Rs.2400 crore

The board of Tata Chemicals Ltd. has approved a capital expenditure of Rs.2,400 crore which would be deployed towards debottlenecking of Mithapur facility.

The investment would enhance the company’s soda ash capacity by about 1,50,000 MT, salt production by 4,00,000 MT and upgrade turbines for higher efficiency.

Tata Chemicals is considering entry into the lithium-ion battery sector to develop cell chemistries to meet Indian applications.

The firm recently entered into an MOU with CSIR – CECRI (Central Electrochemical Research Institute), Karaikudi to explore collaborative technology for scaling up of manufacturing cathode materials for lithium-ion cells.

Netherland to be partner country for 25th DST-CII technology Summit 2019

According to Union Minister Dr. Harsh Vardhan, Netherlands will be the Partner Country of 25th DST – CII Technology Summit to be organized in 2019.

There is a great scope to explore a closer partnership between the two countries to leverage emerging digital technologies.

India and the Netherlands are addressing unmet needs and opening new collaborative avenues together in areas such as water, health, agriculture, high tech systems and IT.

BoM has decided to reinstate its CEO and ED

The board of Bank of Maharashtra (BoM) is to reinstate and restore its Managing Director (MD) and Chief Executive Officer (CEO) Ravindra Marathe and Executive Director (ED) R.K.Gupta’s financial responsibilities, a move which will be a huge morale booster for the public sector bank’s staff.

Their powers were taken away in June after they were arrested by the economic offences wing of Pune Police following allegations of violation of norms while extending loans to real estate developer.

Mr.Marathe will retire from the bank on November 30.

Vision 2030 plan of Forest Dept. runs into trouble

Many environmentalists and groups oppose the decision to outsource the process to map a long-term vision for the Forest Department of the government.

Because of the opposition, the long-term vision is facing trouble.

The department is undertaking a Vision Document 2030 which would set a governance strategy for the management of forests and wildlife in the State for the next 20 years in a sustainable manner.

Kirloskar Capital gets RBI nod for NBFC biz

Kirloskar Capital has received RBI licence to start a non-banking financial company (NBFC).

Kirloskar Capital is a wholly-owned subsidiary of Kirloskar Oil Engines (KOEL), plans to lend more than Rs 1,000 crore over the next three years.

Earlier, the company roped in former Indo-Star Capital Finance Managing Director and Chief Executive Officer, Vimal Bhandari, to head its operations.


World Tsunami Awareness Day observed on 5 Nov

The ‘World Tsunami Awareness Day’ is observed on 5 November.

The day is observed in order to raise tsunami awareness and share innovative approaches to risk reduction.

In 2018, World Tsunami Awareness Day will align with the International Day for Disaster Reduction and the ‘Sendai Seven Campaign’.

Ayurveda Day celebrated on 5th November

Ayurveda Day was observed on 5th November 2018.

Ministry of AYUSH observes Ayurveda Day every year on ‘Dhanawantari Jayanti’ (Dhanteras).

On this occasion, Ministry is organising a ‘National Seminar on Entrepreneurship and Business Development in Ayurveda’ in association with NITI Aayog on 4th & 5th November 2018.

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