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SUNDAY, AUGUST 19, 2018

Government to declare 2018 as Investment in P-notes continues to SC agrees on colour-coded ‘national year of millets’ decline stickers for vehicles 18August 2018 (National News) 18August 2018 (National News.Economy) 18 August 2018 (National News)

Nutrient-rich millets Investments through The Supreme Court have got a boost with participatory notes into has accepted Centre's the Union government Indian capital markets proposal to have deciding to declare plunged to over nine-year hologram-based 2018 as the ‘national low of Rs 80,341 crore till colour-coded stickers year of millets’. This July-end amid stringent on vehicles that would decision has been norms put in place by the help in identifying automobiles running on taken following a watchdog Sebi to check misuse of these instruments. various kinds of fuels. request by Karnataka, P-notes are issued by registered foreign portfolio investors A bench of Justice Madan B. Lokur, Justice S. which is the country’s leader in the millet sector. (FPIs) to overseas investors who wish to be part of the Indian Abdul Nazeer and Justice Deepak Gupta asked Objective: Good health, good business stock market without registering themselves directly. They, the Ministry of Road Transport and Highways however, need to go through due diligence process. (MoRTH) to implement by September 30 the According to experts, dedicating a year for millets will not According to the Sebi data, total value of P-note investments in scheme of colour-codes stickers on vehicles only increase awareness about its health benefits, but also Indian markets - equity, debt, and derivatives - slumped to a plying in National Capital Region (NCR). result in higher demand for these drought-resistant varieties, low of Rs 80,341 crore till July-end from Rs 83,688 crore Important: resulting in remunerative prices for poor and marginal clocked by June-end. Prior to that, in May the figure was Rs The diesel vehicles will have orange stickers farmers. 93,497 crore. pasted on their windshield while petrol and This is the lowest level since April 2009 when the cumulative CNG vehicles will have blue stickers. value of such investments stood at Rs 72,314 crore. The bench also suggested the Centre to to consider having green number plates for electric PSU banks to be out of PCA by Indian economy in 2018-19 to 7.2% and hybrid vehicles year end from the 7.4% projected earlier 18 August 2018 (National News) 18 August 2018 (National News. Economy) Eleventh World Conference begins today in The government 18 August 2018 (International News) expects the public sector banks to The 11th World Hindi come out of the Conference will begin in Prompt Corrective Mauritius on 18th Action (PCA) August. Prime Minister framework by the of Mauritius Praveen end of this year Kumar Jagannath will and will provide inaugurate the conference in Port Louis. them adequate "Hindi World and Indian Culture" is the theme capital when required, Department of Financial Services of conference.This is also first time that Secretary Rajiv Kumar said. representatives from all 29 states and Union He said public sector banks’ operational performance has Territories of Delhi, Chandigarh and Puducherry improved in the April-June quarter, with steep reduction in Ratings and Research has revised downwards its forecast attending the conference. The delegates from net losses, increase in recoveries and significant for the growth of the Indian economy in 2018-19 to 7.2% from India and various countries of the world will improvement in provision coverage ratio. the 7.4% projected earlier. deliberate on eight subtopics on Hindi World and Indian Culture during three-day conference. PCA Reason for this:- Aim of this conference will further encourage PCA framework is one of such supervisory tools, which According to Ind-Ra, the upward revision in the estimation of use of Hindi language and its important role in involves monitoring of certain performance indicators of the inflation for 2018-19 due to increasing crude oil prices and the the world. A report also released on a banks as an early warning exercise and is initiated once such government's decision to fix the minimum support prices of all recommendation made during 10th conference thresholds as relating to capital, asset quality etc. are kharif crops at 1.5 times the production cost. held in in 2015. breached. About World Hindi Conference The rating agency in a report titled 'Mid-year FY19 Outlook' World Hindi Conference was started in 1975 to Its objective is to facilitate the banks to take corrective said it believes the other headwinds lurking on the horizon are make Hindi language a medium of service and measures including those prescribed by the Reserve Bank, in rising trade protectionism, depreciating rupee and, no visible knowledge and enable it to move forward with a timely manner, in order to restore their financial health. signs of the abatement of the non-performing a non-performing the time. Since then Hindi has made remarkable assets of the banking sector. progress and it has become one of the prominent Ind-Ra expects private final consumption expenditure to grow languages of the world. 7.6 % in 2018-19 compared to 6.6 % in 2017-18. PTI Chief Imran Khan takes oath International Conference on Esow Alben wins silver medal at as 22nd PM of Pakistan Recent Advances in Food the 2018 UCI World Cycling 18 August 2018 (International News) Championships Processing Technology (iCRAFPT) 18August 2018 (Sports) In Pakistan, 18 August 2018 (International News) Pakistan Tehreek- e-Insaf (PTI) Chief, International Conference Imran Khan has on Recent Advances in taken oath as the Food Processing 22nd Prime Technology (iCRAFPT) Minister of the held today on 18th country today on August at Indian 18th August 2018. Institute of Food Processing Technology, The PTI had emerged as the single largest party with 116 seats in the July 25 elections. The party has 158 members in Thanjavur in Tamilnadu. the National Assembly after the Election Commission of Pakistan (ECP) issued notifications of the successful Indian Institute of Food Processing Technology candidates on the seats reserved for women and the minority (IIFPT) Esow Alban won India’s first ever junior community on August 11th. The Indian Institute of Food Processing Technology cycling World Cup medal when he finished (IIFPT), a premier national Institute working under the second in the keirin event in Aigle, Switzerland. About Imran Khan administrative control of Ministry of Food Processing Esow was only 0.017 seconds adrift of Czech Imran Ahmad Khan Niazi was born on 5 October 1952 is a Industries (MoFPI), Government of India functioning Republic's Jakub Stastny, who secured gold in Pakistani politician and former cricketer who is the current from its headquarters in Thanjavur, Tamil Nadu. the pulsating final few seconds of the race. and 19th Prime Minister of Pakistan. Achievements to his name: He is also the chairman of the Pakistan Tehreek-e-Insaf. Besides delivering research and education in food Previously he was a member of the National Assembly of In February 2018, Alban won three gold medals Pakistan from 2002 to 2007, and again from 2013 to 2018. processing, the institute has been incubating farmers, at the Asian Junior Track Championships in Prior to entering politics, Khan was a cricketer and entrepreneurs and aspiring youth for prospective food Nilai ( Malaysia ), sprint , keirin and team philanthropist. He played international cricket for two business ventures. Considering this importance and sprint. At the Sprint Cup in Cottbus he won the decades, and later developed philanthropic projects such as promotion of food processing among the farmers, sprint competition for the juniors and for the GP Shaukat Khanum Memorial Cancer Hospital & Research budding entrepreneurs and researchers. Brno the races in the sprint as well as in the Centre and Namal College. keirin.

Asian Games kick off in Indonesia-

Jakarta 18 August 2018 (Sports)

The 18th edition of the Asian Games officially begins in Indonesian capital Jakarta today on 18th August.

Important to Know: Around 11,000 athletes from 45 countries will be seen competing in 40 sports and 67 disciplines consisting of 28 Olympic sports, 4 new Olympic sports, and 8 non-Olympic sports. For the first time, eSports (a form of competition using video games) and canoe polo will be contested as demonstration sports. Over 570 Indian athletes will be vying for top honours across 36 sports which will take place in Jakarta as well as in Palembang.Javelin Thrower Neeraj Chopra will be India's flag-bearer at the expected-to-be-glittering opening ceremony. 2018 Asian Games The 2018 Asian Games, officially known as the 18th Asian Games and also known as Jakarta Palembang 2018, is a pan- Asian multi-sport event scheduled to be held from 18 August to 2 September 2018 in the Indonesian cities of Jakarta and Palembang.For the first time, the Asian Games are being co- hosted in two cities; the Indonesian capital of Jakarta (which is hosting the Games for the first time since 1962), and Palembang, the capital of the South Sumatra province.