Important Current Affairs 5th September 2018 English

                                                     (International News)

The International Women Entrepreneurs Summit 2018 

 
The International Women Entrepreneurs Summit 2018 was inaugurated by the Vice President of Nepal Nanda Bahadur Pun in Kathmandu, the capital of Nepal on September 3, 2018.
Nepal’s Vice President emphasised upon empowering women in all areas including social, political and economic. 
The three-day event is being organised by the South Asian Women Development Forum. It is expected to witness participation from delegates belonging to 27 countries including China and the SAARC, ASEAN, EU, African and Arab countries.
The Theme of the International Women Entrepreneurs Summit 2018: ‘Equality begins with Economic Empowerment’

Objective of the Summit
The main objective of the summit is to bring together achievers, women business leaders, professionals, international service providers, resource organisations, experts, government representatives and other stakeholders with a focus on innovative economic transformation through discussions and collaborations.

Arif Alvi elected Pakistan President

Pakistan Tehreek-e-Insaf (PTI) candidate Dr Arif Alvi has become the 13th President of the country.
Alvi was the ruling Pakistan Tehreek-e-Insaf (PTI) candidate and was contested by PML-N and other opposition parties — MMA leader Maulana Fazlur Rahman and PPP’s Chaudhry Aitzaz Ahsan.
About Arif Alvi
Arif-ur-Rehman Alvi was born on 29 July 1949 is a Pakistani politician who is the President-elect of Pakistan and will assume office on 9 September 2018.
He was a member of the National Assembly of Pakistan from June 2013 to May 2018 and again from August to September 2018. A founding member of Pakistan Tehreek-i-Insaf (PTI), He studied at the University of Michigan and the University of the Pacific in San Francisco, as well as in Lahore, before making a career as a dentist and then entering politics.

Asia Index launches S&P BSE Private Banks Index 

Asia Index Pvt Ltd, a joint venture between S&P Dow Jones Indices and BSE Ltd, announced the launch of an index designed to measure the performance of private banks. 

The S&P BSE Private Banks Index is drawn from the constituents of the S&P BSE Finance Index, the Asia's oldest exchange said in a statement. 

Only common stocks classified as Banks by the BSE Sector Classification model and that are not classified under the BSE scrip category as a Public Sector Undertaking (PSU) are eligible, it added.

The S&P BSE Private Banks Index is designed to provide market participants with a transparent and rules-based benchmark that measures the performance of private banks listed in India.

Curtain Raiser: Indo-Kazakhstan Joint Exercise KAZIND 2018 
 
Indo-Kazakhstan Joint Army Exercise 'KAZIND' will be conducted between the Indian and Kazakhstan Army from 10 to 23 Sep 2018 in Otar region, Kazakhstan. 
This is the third joint military exercise between the two countries which have a history of extensive cooperation in the defence arena. The second edition of the exercise was held in India last year.
Aim: 

The aim of the exercise is to build and promote bilateral Army to Army relations and exchange skills and experiences between Kazakhstan Army and the Indian Army. The exercise will also serve as a platform for exchange of drills and procedures.

The fourteen days exercise with the Kazakhstan Army will follow a graduated continuum from orientation to a full scale mock exercise; the aim being to achieve optimum integration among the two contingents through enhanced mutual comprehension of each other’s tactics, techniques and procedures. The vast experience and expertise of Indian troops in counter insurgency operations holds special importance to the Kazakhstan Army. The conduct of the joint exercise will set the stage for greater defence cooperation and consequently will manifest in stronger ties between the two great nations.

6th East Asia Summit and 15th India-ASEAN Economic Ministers Meeting held in Singapore 
 
Commerce & Industry Minister Suresh Prabhu attended the 6th East Asia Summit- Economic Ministers’ Meeting (EAS-EMM) and 15th India-ASEAN Economic Ministers’ Meeting (AEM) in Singapore. Singapore is currently holding the Chair of ASEAN.
6th East-Asia Economic Ministers’ Meeting
The 6th East-Asia Economic Ministers’  Meeting was chaired by Chan Chun Sing, Minister for Trade and Industry, Singapore, and was attended by Economic Ministers from  10  ASEAN countries  and their eight  dialogue partners,  Australia, China, India, Japan, Republic of Korea, New Zealand, the Russian Federation and the United States of America. 
The Ministers agreed to the importance of keeping markets open and fair as well as improving transparency and predictability of the business environment. The meeting recognized the importance of ongoing work to maximize the opportunities of, and address the challenges presented by, the digital economy and the rise of regional and global value chains, as part of their efforts to promote economic growth and integration in the region.
15th ASEAN Economic Ministers
The 6th EAS–EMM was followed by the 15th ASEAN Economic Ministers - India Consultation. It was co-chaired by Chan Chun Sing, Minister for Trade and Industry, Singapore, and Suresh Prabhu, Minister of Commerce and Industry, India. The meeting attended by Economic Ministers from 10 ASEAN countries took stock of the current level of trade and economic engagement between India and ASEAN and reaffirmed the commitment to further strengthen ASEAN-India economic relations. ASEAN has emerged as the second largest trade partner of India in 2017-18 with bilateral trade valued at USD 81.33 billion, comprising 10.58% of India’s total trade with the world.
Important:
It was also announced in the Singapore meeting that the next ASEAN-India Business Summit will be held in Kuala Lumpur, Malaysia, in November 2018 with the theme “Towards Building Strategic Partnership between ASEAN and India in the Era of the 4th IR and Digital Economy” which will be followed by the 4th India-ASEAN Dialogue Partner Expo and Summit scheduled for 21-23 February 2019, in New Delhi.

                                                                (Sports)

Sakshi Choudhary clinches gold medal at World Youth Boxing in Budapest

In boxing, former junior world champion boxer Sakshi Choudhary added the youth crown to her cabinet in the 57-kilogram category, claiming the gold at the World Youth Boxing in Budapest.
 
She beat Croatia's Nikolina Cacic. Manisha and Anamika settled for silver medals in the 64 kg and 51 kg. categories.

                                                   (National News)

Justice Ranjan Gogoi to take charge as the 46th Chief Justice of India

After Supreme Court Chief Justice Dipak Misra recommended the Justice Ranjan Gogoi as his successor to take charge as the 46th Chief Justice of India.
He is likely to assume the office of the Chief Justice of India on October 3, and will continue in that position for 13 months till November 17, 2019. 

Ranjan Gogoi 
Justice Ranjan Gogoi is a judge of the Supreme Court of India since April, 2012. Prior to his present post, he was the Chief Justice, Punjab and Haryana High Court. His father Keshab Chandra Gogoi was a Chief Minister under the Indian National Congress regime in the state of Assam in the year 1982.

Dipak Misra 

Justice Dipak Misra is the current and 45th Chief Justice of India. He is a judge of the Supreme Court of India and a former Chief Justice of the Patna and Delhi High Courts. He is the nephew of Justice Ranganath Misra, who was the 21st Chief Justice during 1990-91. He succeeded J. S. Khehar, the 44th Chief Justice.

Suresh Prabhu launches Coffee Connect app, Coffee KrishiTharanga services for coffee stakeholders
Union Minister for Commerce & Industry, Suresh Prabhu on September 4, 2018 launched Coffee Connect mobile app and digital mobile extension services ‘Coffee KrishiTharanga’ for coffee stakeholders. 

About Coffee Connect mobile app

The ‘Coffee Connect’ mobile app has been developed to ease the work of field functionaries and to improve the work efficiency. 

The application provides solution by harnessing the power of mobility comprising the latest technology in easing the whole process of the field activities like digitisation of Coffee Growers & Estates with Geo Tagging, collecting the Plantation details.

It will also help in boosting transparency in the activities of the extension officers and officials, transparency in subsidy disbursement and real time report generation.

About Coffee KrishiTharanga services

The Coffee KrishiTharanga services are aimed at providing customised information and services to increase productivity, profitability, and environmental sustainability. 

The “Coffee KrishiTharanga” was pilot tested in the Chikmagalur and Hassan districts of Karnataka, covering 30000 farmers during the first year and will now be extended to remaining growers in a phased manner. NABARD has partly funded the Pilot project. 

These services will help to reach maximum growers in limited period; improve the efficiency through digitization; and leverage existing mobile reach for wider delivery of improved technology.

Pilot projects 
Suresh Prabhu also launched pilot projects on data analytics, artificial intelligence, IOTS and blockchain.

The Coffee Board identified technological solutions to address some of the perennial coffee production and coffee farming issues such as rainfall, pests and diseases. 

Coffee Board in collaboration with EKA Analytics, a global leader in the data analytics and artificial intelligence, developed the hyper local weather forecast, pest (white stem borer) identification and leaf rust disease forecast applications for pilot testing.

Shri Thaawarchand Gehlot will attend the 3rd ASEM Conference

Shri Thaawarchand Gehlot, Union Minister of Social Justice and Empowerment left for Seoul Korea.  He is heading a 3-member Indian Delegation to attend the 3rdASEM (Asia-Europe Meeting) Conference on ‘Global Ageing and Human Rights of Older Persons’ jointly organised in Seoul during 5th to 7th September, 2018 by the Republic of Korea and the National Human Rights Commission of Korea.
Asia–Europe Meeting 
The Asia–Europe Meeting (ASEM) is an Asian–European political dialogue forum to enhance relations and various forms of cooperation between its partners. It was officially established on 1 March 1996 at the first summit in Bangkok, Thailand, by the then 15 members of the European Union (EU) and the European Commission, the then 7 members of the Association of Southeast Asian Nations (ASEAN), and the individual countries of China, Japan, and Korea. A series of enlargements saw additional EU members join as well as India, Mongolia, Pakistan and the ASEAN Secretariat in 2008, Australia, New Zealand and the Russian Federation in 2010, Bangladesh, Norway, and Switzerland in 2012, as well as Croatia and Kazakhstan in 2014. 
The main components of the ASEM process rest on the following 3 pillars:
•    Political & Security Pillar
•    Economic & Financial Pillar
•    Social, Cultural & Educational Pillar

HRD Ministry’s rankings of national institutes for 2018
 
The Ministry of Human Resource Development released its ranking of national institutes for 2018 on Tuesday. The MHRD has adopted the National Institutional Ranking Framework, which ranks the best colleges and universities in India.
Here are the top three institutions in each category:
Overall
Rank    Institute
1    Indian Institute of Science, Bengaluru
2    IIT Madras
3    IIT Bombay
Engineering institutions
Rank    Institute
1    IIT Madras
2    IIT Bombay
3    IIT Delhi

Management institutes
Rank    Institute
1    IIM Ahmedabad
2    IIM Bangalore
3    IIT Calcutta

Universities
Rank    Institute
1    Indian Institute of Science, Bengaluru
2    Jawaharlal Nehru University, New Delhi
3    Banaras Hindu University, Varanasi

Medical institutions
Rank    Institute
1    All India Institute of Medical Sciences, New Delhi
2    Post Graduate Institute of Medical Education and Research, Chandigarh
3    Christian Medical College, Vellore
Colleges
Rank    Institute
1    Miranda House, New Delhi
2    St. Stephen’s College, New Delhi
3    Bishop Hebar College, Tiruchi