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15th October Current Affairs 2018

  1. International conference on the future of the Indian Ocean held in Colombo

“The Indian Ocean: Defining our Future” Conference was held On October 11, 2018 at Temple Trees, in Colombo, Sri Lanka.

  • It is aimed to explore strongest challenges in the Indian Ocean region.
  • The inaugural address of the Conference was delivered by President Maithripala Sirisena while Prime Minister Ranil Wickremesinghe delivered the keynote address.
  1. C. R. Chaudhary Attends 6th RCEP Inter-sessional Ministerial Meeting in Singapore

The Minister of State for Commerce & Industry and Consumer Affairs, Food and Public Distribution C. R. Chaudhary, attended the 6th RCEP Inter-sessional Ministerial Meeting (IMM) in Singapore on 12-13 October, 2018.

  • The Ministers from 16 RCEP countries met in Singapore to discuss a modern, comprehensive and mutually beneficial economic partnership agreement among ASEAN and ASEAN’s FTA partners.
  • The Ministers reviewed developments since the 6th RCEP Ministerial Meeting held on 30-31st August, 2018 in Singapore, which was attended by Union Minister of Commerce & Industry and Civil Aviation, Suresh Prabhu.
  1. Ajay Tamta inaugurates 46th edition of IHGF-Delhi Fair Autumn-2018

Union Minister of State for Textiles, Ajay Tamta, inaugurated the 46th edition of world’s largest IHGF-Delhi Fair at India Expo Centre & Mart at Greater Noida.

  • Speaking on the occasion, he said that this Fair  has played a vital role in increasing exports of handicrafts from the country and has acquired a special importance for handicrafts sector.
  • Participation by over 3200 exhibitors in this fair and visit of overseas buyers from over 110 countries shows its popularity amongst Indian handicrafts exporters and importers.
  1. India International Silk Fair -2018 begins in New Delhi on 16th October

Union Minister of Textiles, Smriti Zubin Irani, will inaugurate the 6th edition of India International Silk Fair (IISF) in New Delhi on October 16, 2018. Minister of State for Textiles, Ajay Tamta will also be present on the occasion.

  • India is the 2nd largest producer of silk in the world.
  • The silk industry is agriculture based and labour intensiveand provides gainful employment to around 8 million artisans and weavers in rural areas.
  • Over 108 exhibitors of silk and blended silk products manufactured in different parts of the country will display their produce during the three-day event, organised by the Indian Silk Export Promotion Council (ISEPC) at Pragati Maidan.
  • Over 218 buyers from various countries will participate in the fair.
  1. Microsoft and Niti Aayog partner to deploy AI solution

The country’s premier think tank Niti Aayog and Microsoft India have signed a partnership to deploy artificial intelligence based solutions across various sectors such as agriculture and healthcare.

  • Microsoft India will support Niti Aayog by combining the cloud, AI, research and its vertical expertise for new initiatives and solutions across several core areas including agriculture and healthcare and the environment.
  • Microsoft will also accelerate the use of AI for the development and adoption of local language computing.
  1. ICICI Prudential MF’s Nimesh Shah new Amfi chairman

ICICI Prudential Asset Management Company Managing Director and Chief Executive Nimesh Shah has been elected as the chairperson of industry body Amfi.

  • Shah has replaced A Balasubramanian, chief executive officer of Aditya Birla Sun Life MF, who took over as Amfi chairman in 2016.
  • Kailash Kulkarni, CEO of L&T Mutual Fund, continues to be the vice chairperson of the Association of Mutual Funds in India (Amfi).
  1. Maryse Conde wins alternative Nobel Literature Prize

Maryse Conde, one of the Caribbean’s most renowned authors, has won an award created to replace this year’s Nobel Prize for Literature.

  • The prestigious literature prize was suspended this year after a scandal at the Swedish Academy.
  • She was nominated alongside Japan’s Haruki Murakami, the UK’s Neil Gaiman and Vietnamese-born Canadian Kim Thuy.
  1. Shanghai Masters: Novak Djokovic beats Borna Coric

Novak Djokovic continued his superb form by beating Croatia’s Borna Coric in the final of the Shanghai Masters.

  • The second seed, 31, beat 21-year-old Coric 6-3 6-4 in 97 minutes to claim his fourth Shanghai title.
  • Coric, the 13th seed, upset Roger Federer in semi-finals to reach his first Masters 1000 final.

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