1. Louise Glück wins Nobel Prize for Literature

Nobel Prize for Literature 2020 has been awarded to the US poet Louise Glück.

Glück, born 1943 in New York, lives in Massachusetts and is also a professor of English at Yale University.

She is the fourth woman to win the prize for literature since 2010, and only the 16th since the Nobel prizes were first awarded in 1901.

The last American to win was Bob Dylan in 2016.

2. TCS launches cyber threat management centers

Tata Consultancy Services(TCS) has launched 10 new Threat Management Centres (TMCs) across locations – including the US, UK, Spain and India.

They will provide cybersecurity services to its enterprise customers.

These centres will focus on providing cybersecurity solutions and services, including managed detection and response services, incident management and breach support, etc.

3. 120 startups to form association

The heads of more than 120 startups are planning to form an indigenous app developers’ association within a month to lobby against global technology giants such as Google, Facebook, Twitter, and Apple.

The association, which will be a non-profit, will be independent of existing bodies, such as the Confederation of Indian Industry (CII) and the Internet and Mobile Association of India (IAMAI).

4. Delhi government partners with HT

The Delhi government has partnered with Hindustan Times to train 12,000 students from its schools in coding.

Hindustan Times Codeathon was launched by deputy CM Manish Sisodia on 8 October 2020.

The HT Codeathon will provide students from classes 6 through 9 from across India a virtual platform to learn coding in languages such as HTML, CSS and Python.

5. Russia successfully tests Tsirkon missile

Russia has successfully tested a new hypersonic anti-ship cruise missile.

The Tsirkon missile was fired from the Admiral Gorshkov frigate in the White Sea in the Russian Arctic.

It was the 1st time the missile had successfully struck a target at sea.

The missile hit its target 450 kilometres (280 miles) away in the Barents Sea and reached a speed of Mach 8 – eight times the speed of sound.

6. Vistara, Axis Bank launch forex card

Vistara and Axis Bank has launched a co-branded forex card that can load up to 16 currencies.

The card has locked-in exchange rates and the cardholder will accrue 3 award points on Club Vistara for every USD 5 or an equivalent value spent.

Customers also get awarded 500 CV Points as a Welcome Bonus on signing up (for the forex card).

7. Nirmala Sitharaman launches ‘MSME Prerana’

Finance Minister Nirmala Sitharaman has launched ‘MSME Prerana,’ an online business mentoring programme for MSMEs by the Indian Bank.

The programme, which will be available in local languages, is aimed at empowering entrepreneurs through skill development and capacity building workshops. The initiative is in collaboration with Poornatha & Co.

8. Nilesh Shah re-elected as AMFI chairman

Nilesh Shah has been re-elected as the
chairman of Mutual fund industry body Amfi on October 7, 2020.

He is currently the managing director of Kotak Asset Management Company (AMC).

Besides, Saurabh Nanavati, who is the chief executive officer of Invesco Asset Management (India) Pvt Ltd, has been re-elected as the vice-chairman of Amfi.

9. Amazon India ties up with IRCTC

Amazon India has partnered with ‘Indian Railway Catering and Tourism Corporation’ (IRCTC).

With this launch, Amazon’s digital payments arm Amazon Pay adds another travel category, thereby offering its customers a one-stop-shop for booking flights, bus and train tickets.

With this new offering, users will be able to check seat and quota availability across all train classes on the Amazon app.

10. A Start-up of IIT Guwahati develops mobile app

In Assam, Sahara, a hyperlocal-tech start-up of the students of the IIT Guwahati, have developed a mobile application.

It lets offline business owners create synergy with customers and potential business partners on a global platform with the power of digitalization.

The features on this app will also guarantee accurate navigating experience, especially to travellers.

11. IISC Bengaluru develops non-invasive bandage

Indian Institute of Science researchers have developed a non-invasive bandage made with magnetic nanofibers to treat skin cancer.

The bandage has been developed with a unique blend of magnetic nanoparticles fabricated using a method called electrospinning.

It was found out that the healthy tissue remained intact with no signs of burns, inflammation or thickening.

12. Online e-Sanjeevani OPD scheme e-dedicated

Gujarat CM Vijay Rupani e-dedicated online e-Sanjeevani OPD scheme across Gujarat through video conferencing on 8 October 2020.

The main objective of is to provide medical facilities online to the patients for common diseases at their homes.

This will reduce the additional burden on hospitals and OPDs.

It is an extension of free treatment and medicines being provided to Covid-19 patients.

13. BMRCL inks MoUs with corporate companies

Bangalore Metro Rail Corp Limited has signed MoUs with the corporate companies to develop upcoming metro stations under their CSR funds.

The proposed metro line between Electronic city and Bangalore International airport will now get CSR funds for the development and maintenance of metro stations.

Biocon Foundation will be funding Rs. 65 crore for the construction of Hebbagodi Metro station.

14. China formally joins WHO led COVAX initiative

China has formally joined COVAX, the global initiative for COVID-19 vaccine by signing an agreement with Gavi, the Vaccine Alliance.

The COVAX facility, led by the WHO, aims to deliver at least 2 billion doses of vaccines by the end of 2021.

More than 150 countries have joined the initiative to develop, produce, and fairly distribute an effective COVID-19 vaccine.

15. India’s GDP expected to contract by 9.6%

India’s GDP is expected to contract by 9.6% this fiscal, according to the World Bank.

It is reflective of the national lockdown and the income shock experienced by households and firms due to the COVID-19 pandemic.

World Bank, in its latest South Asia Economic Focus report, expects the regional growth to contract by 7.7 per cent in 2020.

16. Afghanistan Abdullah Abdullah meets PM Modi

Afghanistan’s top peace negotiator Abdullah. Abdullah met Prime Minister Narendra Modi on 8 Oct 2020.

Ongoing peace initiative to bring back stability in the war-ravaged Afghanistan was discussed by the leaders.

Mr Abdullah is in Delhi on a five-day visit as part of the efforts to build a regional consensus and support for the Afghan peace process.

17. BRICS Bank approves funds for rapid rail

New Development Bank, also known as
BRICS Bank has approved infrastructure projects worth 741 million dollars in India.

Its Board of Directors approved a loan of USD 500 million for the Delhi-Ghaziabad-Meerut

Regional Rapid Transit System (RRTS) Project and a loan of USD 241 million for Mumbai Metro Rail II (Line 6) Project.

The RRTS will have a total length of 82.15 km and 25 stations.

18. Gyan Circle Ventures inaugurated

Union Minister for Education Ramesh Pokhriyal ‘Nishank’ virtually inaugurated the Gyan Circle Ventures on 8 Oc’20.

It is a Meity funded Technology Business Incubator (TBI) of Indian Institute of Information Technology, Chittoor, Andhra Pradesh.

The Minister said that centers like ‘Gyan Circle ventures’ instill entrepreneurship in young minds and steward them to become successful innovators.

19. International conference on Mental Health

Union Minister of Social Justice & Empowerment Thaawarchand Gehlot inaugurated the virtual “International conference on Mental Health: Looking Beyond COVID 19” on 8 Oct 2020.

Delivering the inaugural address, Mr Gehlot spoke about the rising trend of mental health concerns across the globe.

Prof. Craig Jeffrey, Director of Australia-India Institute co-chaired the conference.

20. Union Minister Ram Vilas Paswan passes away

Union minister Ram Vilas Paswan passed away in New Delhi in Oct 2020.

He was the Lok Janshakti Party founder and Minister for Consumer Affairs, Food and Public Distribution.

He was elected to Lok Sabha eight times and also held the record of winning his constituency, Hajipur, with the highest margin for several years.

21. Bi-monthly monetary policy review

RBI announced its bi-monthly monetary policy review in Mumbai on 9 Oct 2020.

The newly-constituted Monetary Policy Committee (MPC) of the RBI began its three-day deliberations on 7 Oct 2020.

The Government has appointed three eminent economists Ashima Goyal, Jayanth R Varma and Shashank Bhide as independent members of the revamped six-member MPC headed by RBI Governor Shaktikanta Das.

22. UP Govt creating ‘Data Analytical Centre

In order to provide a safe city to the women, the UP govt is setting up a ‘Data Analytical Centre’ under women power line 1090.

With the help of this Data Analytical Centre, the hot spots where crime against women are taking place will be marked and police will be deployed over there.

The data of crimes against women will be collected from various sources in this Analytical centre.

23. Goa govt launches e-learning platform

Goa CM Pramod Sawant has launched ‘Dishtavo’, an online channel for holistic teaching and virtual orientation for higher education.

Goa would be the first state in the country to create such an infrastructure for higher education.

The government is also planning to provide ‘e-mitra’ – a facility in which each student who does not get network will be paired with one who does.

24. Infosys to acquire US-based Blue Acorn iCi

Infosys Ltd has announced a definitive agreement to acquire US-based Blue Acorn iCi, for up to $125 million.

Blue Acorn is the provider of digital customer experience, commerce, and analytics solutions.

Blue Acorn iCi, which follows the calendar year, clocked $43.6 million revenue in 2019.

The acquisition is expected to close during the third quarter of 2021.

25. Maharashtra reduces number of licences

The Maharashtra Cabinet has approved the “ease of doing business” policy for the hospitality sector in the state, bringing down the number of licences required for businesses.

One will only need to procure 10 licences, unlike 70 previously required, for doing business.

9 no-objection certificates (NOCs) will be required from seven departments now.

26. AIIA signs MoU with Amity University

All India Institute of Ayurveda (AIIA), New Delhi, has signed an MoU with the Amity University on 7th October 2020.

The MoU focuses on promoting research in Ayurvedic Sciences.

The MoU envisages collaboration Quality and standardization of Ayurvedic drugs as well as in PhD programmes in natural product chemistry and pharmacy.

It will also lead to joint projects and publications.

27. NABARD inks 3 MoUs with SBI.

In Gujarat, the National Bank for Agriculture and Rural Development.

NABARD has inked 3 MoUs with SBI to extend credit support for various projects.

The MoUs were signed for financing joint liability groups and Self-Help Groups-support credit inflows to Farmer Producers’ Organizations.

These will help in providing credit support to the different sections of the society.

28. Pradeep Kumar Rawat: Ambassador to Netherlands

Pradeep Kumar Rawat has been appointed as the next Ambassador of India to the Kingdom of Netherlands.

This was informed by the Ministry of External Affairs (MEA) on 7 Oct 2020.

Pradeep Kumar Rawat, an Indian Foreign Services Officer from the batch 1990, is presently Ambassador of India to the Republic of Indonesia.

He is expected to take up the assignment shortly.

29. Hill Museum opens for public

A hill museum (Pahadi Sangrahalaya) has been constructed at Gopeshwar in Uttarakhand.

It will have a glimpse of centuries-old traditional hill ornaments and utensils.

This unique hill museum has been built in the Collectorate complex and it has been opened for the general public from 8 Oct 2020.

The museum boasts of Uttarakhandi jewellery like Murkhali, Chandrauli, etc.

30. Saurav Kittu Tank climbs Virgin Peak

Saurav Kittu Tank became the 1st transgender to climb the 6000 m high Virgin Peak in Spiti Valley, Himachal Pradesh.

The temperature at Spiti Valley Virgin Peak was reported to be as low as -15 degrees and Saurav became the 1st transgender to achieve the feat.

Kajal Mangalmukhi, founder of Mangalmukhi Transgender Welfare Association has nursed Saurav since he was abandoned by his parents.

31. Bimbadhar Pradhan: Secretary general of NHRC

Senior bureaucrat Bimbadhar Pradhan has
been appointed secretary-general of the National Human Rights Commission (NHRC).

Pradhan, a 1987-batch IAS officer of the Bihar cadre, is special secretary and financial advisor, Ministry of Agriculture & Farmers Welfare.

The Appointments Committee of the Cabinet has approved Pradhan’s appointment as secretary-general, NHRC.

32. Manoj Kumar: CMD of Western Coalfields Ltd

Manoj Kumar has been appointed as the chairman and managing director of the Western Coalfields Limited (WCL).

Kumar is presently working as the director (technical) in the WCL.

He has been appointed to the post of CMD of the WCL till the date of his superannuation — January 31, 2024.

A miniratna company, the WCL is a subsidiary of the Coal India Limited.

33. Nityananda Nayak selected for Sarala Puraskar

Noted Odia poet Nityananda Nayak has been selected for the prestigious Sarala Puraskar for his contribution to literature.

The award, constituted by IMFA’S wing IMPACT, consists of a citation and a cash prize of Rs 5 lakh.

Nayak will be conferred with the foremost literary honour in the state for work of poetry ‘Setebelaku Nathiba’ which was published in 2017.

34. World Post Day: 9 October

World Post Day is celebrated each year on 9 October.

It highlights the importance of postal services in everyday lives of people and businesses, as well as its contribution to global social and economic development.

October 9 was chosen as the day as this was the date in 1874 when the Union Postal Service (UPU) was started in Switzerland.

35. Suspected toxic spill in Russia

A suspected toxic spill along a beach on Russia’s Kamchatka Peninsula has killed 95% of marine life on the surrounding seabed.

In early Sept 2020 the water changed color to a greyish-yellow, with a thick milky foam on the surface, and a strong foul smell filled the air.

A few days later, octopuses, seals and other sea creatures began to wash up on the beach.

Leave a Reply

Your email address will not be published.