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Important Current Affairs 3rd October 2018 English

(National news)

BSE to launch commodity derivatives trading next week 

BSE is set to launch trading in commodity derivatives from October 1 and has decided to waive off the transaction charges for the first year of commodities market operations, the exchange said Friday. 

The exchange will begin trading in commodity derivatives with non-agriculture commodities like metals initially, followed by agri commodities subsequently, BSE said in a statement. 

Bombay Stock Exchange 

The Bombay Stock Exchange is an Indian stock exchange located at Dalal Street, Mumbai. Established in 1875, the BSE is Asia’s first stock exchange.


Launch of SATAT initiative to promote Compressed Bio-Gas as an alternative, green transport fuel 

Shri Dharmendra Pradhan, Union Minister of Petroleum and Natural Gas & Skill Development and Entrepreneurship will kick off an innovative initiative in New Delhi on 1st October, 2018, with PSU Oil Marketing Companies (OMCs ,i.e. IOC, BPCL and HPCL) inviting Expression of Interest (EoI) from potential entrepreneurs to set up Compressed Bio-Gas (CBG) production plants and make available CBG in the market for use in automotive fuels. 
Significance
This significant move has the potential to boost availability of more affordable transport fuels, better use of agricultural residue, cattle dung and municipal solid waste, as well as to provide an additional revenue source to farmers.
Titled SATAT, the initiative is aimed at providing a Sustainable Alternative Towards Affordable Transportation (SATAT) as a developmental effort that would benefit both vehicle-users as well as farmers and entrepreneurs.


India ranked 5th in pictorial warnings on cigarette packets

India ranks fifth, jointly with Hong Kong and Thailand, in terms of the largest pictorial warning on cigarette packs with 85 per cent of both sides of the packets covered, according to a Canadian Cancer Society report released.

The Cigarette Package Health Warnings: International Status Report 2018 highlighted that 118 countries worldwide have made pictorial warnings mandatory, representing a global public health achievement and 58 per cent of the world's population is covered by this regulat.

(International news)
India, Uzbekistan sign 17 agreements for cooperation in various sectors

India and Uzbekistan inked 17 agreements on Monday, including in the areas of defence, space, health and agriculture.

After holding delegation-level talks with Prime Minister Narendra Modi, Uzbekistan's President Shavkat Mirziyoyev termed the signing of agreements "historic".

The two countries signed pacts for 

•    collaboration in the field of military education and for cooperation between the Office of the Security Council under the President of Uzbekistan and the National Security Council Secretariat of India.

•    Agreement on cooperation in combating illicit drug trafficking.
•    A pact for cooperation in outer space exploration for peaceful purposes was also signed.
•    Agreements were signed for visa-free travel of diplomatic passport holders for programme of cooperation between the ministries of foreign affairs of Uzbekistan and India in 2019-2020.
•    Two agreements in the sectors of innovation, and health and medical science were also signed.
•    Business relationships between the two countries will be promoted through the India-Uzbekistan Business Council, for which a pact was inked.

PM inaugurates first assembly of the International Solar Alliance
The Prime Minister, Mr. Narendra Modi, today inaugurated the first Assembly of the International Solar Alliance at Vigyan Bhawan. The same event also marked the inauguration of the second IORA Renewable Energy Ministerial Meeting, and the 2nd Global RE-Invest (Renewable Energy Investors’ Meet and Expo). 

International Solar Alliance (ISA)

The International Solar Alliance (ISA) is an alliance of more than 121 countries, most of them being sunshine countries, which lie either completely or partly between the Tropic of Cancer and the Tropic of Capricorn. The primary objective of the alliance is to work for efficient exploitation of solar energy to reduce dependence on fossil fuels. 

( Award News)

James P. Allison, Tasuku Honjo win Nobel Prize in Medicine for cancer research

The 2018 Nobel Prize in Physiology or Medicine has been jointly awarded to James P. Allison and Tasuku Honjo, by the Nobel committee of the Karolinska Institute.

The two immunologists — from the U.S. and Japan, respectively — were awarded the Prize “for their discovery of cancer therapy by inhibition of negative immune regulation.”

The discovery made by the two Medicine Laureates takes advantage of the immune system’s ability to attack cancer cells by releasing the brakes on immune cells.


 

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