Oct18,2020

 Daily current affairs 

18/10/2020


Top 10 News for today 



 

1. Micromax has announced its return to India’s smartphone market. The company has been out of the market for over two years now, having failed to battle against Chinese smartphone companies



2. Pakistan's Umar Gul has announced that he will retire from all forms of cricket after the end of the ongoing National T20 Cup



3. UP government launched 6-month long women empowerment programme ‘Mission Shakti’ to raise awareness and tackle crime against women in the state on 17 October 2020



4. The Election Commission of India (ECI) has appointed retired IPS officer Mrinal Kanti Das as Special Police Observer



5. Government has extended the current concessional rate of 40%  discount on cargo movement between India and Chabahar Port in Iran for a period of one year



6. Russian President Vladimir Putin has proposed that Moscow and Washington extend their New Strategic Arms Reduction Treaty (START) that expires in Feb 2021



7. India and Chile held their first joint commission meeting on 16 October 2020. The meeting held virtually was co-chaired by External Affairs Minister S Jaishankar and his Chilean counterpart Andres Allamand Zavala



8. The RBI will conduct its first-ever Open Market Operation (OMO) purchase of State Developments Loans (SDLs) on 22 October 2020. The OMOs worth Rs 10,000 crore will be conducted as a special case during the current financial year with an aim to improve liquidity and facilitate efficient pricing



9. The newly acquired Rafale fighter jets of India will be put to test as the 2nd batch of the planes will be joining the Indian Airforce fleet. 3-4 Rafale fighter jets will be arriving at the Ambala base by the first week of Nov 2020



10. Tata Motors has collaborated with HDFC Bank for financing its passenger vehicles. Through the partnership, the company has introduced two new schemes -- 'Gradual Step Up Scheme' and 'TML Flexi Drive Scheme' with an eye on making its products more accessible and driving up sales in the festive season




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