SBI to issue Electoral Bonds
The Government has notified the sale of electoral bond by SBI through its 29 authorized branches from 1 Nov to 10 Nov. An Electoral Bond is just like a promissory note that will be payable to bearer on demand and free of interest. It can be purchased by an India citizen or company.
6th North East Festival
Organized in New Delhi this year. Various cultural events organized including cultural performances involving bagurumba dance, hojagiri dance of tripura, bihu dance of assam, garo wangla dance and manipuri martial arts performances called thang ta.
IBM to acquire RedHat
- IBM announced plans to acquire Red Hat in a deal valued at about $34 billion.
- Prior to the acquisition, Red Hat’s market capitalization stood at approximately $20.5 billion.
- The acquisition is by far IBM’s largest deal ever, and the third-biggest in the history of U.S. tech.
The deal between IBM and Red Hat is expected to close in the second half of 2019. - Founded in 1993, Red Hat specializes in Linux operating systems, the most popular type of open-source software,
2018 Seoul Peace Prize to Sh. Narendra Modi
- Sh. Narendra Modi is selected to be awarded with 2018 Seoul Peace Prize in recognition of his dedication to improving international cooperation, raising global economic growth, accelerating the Human Development of the people of India by fostering economic growth in the world’s fastest-growing large economy and furthering the development of democracy through anti-corruption and social integration efforts.
Tragic Dussehra of Amritsar
- More than 60 people died and more than 70 are injured in the train accident near Joda Phatak in Amritsar.
- The incident occurred during the celebration of Dussehra when people were watching the burning of Ravana effigy.
- The event was being organized very near the railway tracks.
State Bench of GST Appellate Tribunal in Haryana
Haryana government has planned to constitute the state bench of GST appellate tribunal for speedy disposal of matters related to GST.
The state government would send the formal request to Central Government for the constitution of Bench in Hissar district of Haryana.
As per The Central GST Act, 2017, the central government would form GST Appellage Tribunal.
Reliance ADA’s 10,000 cr. suit against NDTV
- Anil Ambani led ‘Reliance’ filed a Rs. 10,000 cr defemation suit in Ahmedabad court against NDTV.
- The allegation is regarding misrepresentation of facts regarding Rafale deal, and biased story against Reliance ADA.
Anti Dumping Duty against Chinese Steel
- In order to guard Indian steel makers Government of India has imposed an anti-dumping duty on certain types of Chinese steel of up to $ 185.5 per tonne.
- The revenue department imposed the duty based on recommendations of the Directorate General of Trade Remedies (DGTR).
2018 Wildlife Photographer Award
- In the Under 10 age category of India’s Akashdeep Singh (from Jalandhar) won the 2018 Wildlife Photographer Award for his photograph of two spotted owlets closely sitting inside a pipe opening named ‘Pipe Owls’.
- This annual award is organized by Britain’s Natural History Museum, London.
Indo-Japanese Joint Exercise – Dharma Guardian
India and Japan to hold the first joint military exercise at Counter Insurgency Warfare School, Vairengte, Mizoram during 1st – 14th November.