09 October 2018 Current Affairs

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Interpol chief resigns amid detention in China
Meng Hongwei resigned as the President of International Criminal Police Organization (Interpol). Meng Hongwei is from China. He has resigned after he was detained in China and having been kept under probe for alleged involvement in criminal activities.

Nobel Prize in economics awarded to William Nordhaus and Paul Romer
American economists William Nordhaus and Paul Romer have been awarded the Economics Nobel Prize 2018 for their work on understanding how economies can grow sustainably. Nordhaus, a professor at Yale University, is best known for his work on climate economics.

Electronic Trading Platforms Directions, 2018 released by RBI
The Reserve Bank of India issued guidelines for operating Electronic Trading Platforms (ETPs) to transact in eligible instruments. Trading on electronic platforms is being encouraged across the world as it enhances pricing transparency, processing efficiency and risk control.

IMF retains India FY19 growth outlook at 7.3%
The International Monetary Fund (IMF) has retained its India growth forecast for the current year but it will remain the fastest-growing major economy. In its latest World Economic Outlook, the IMF said India will grow 7.3% in FY19 and 7.4% in FY20.

ESIC Wins ‘ISSA GOOD Practice award, Asia & The Pacific 2018
The Employees’ State Insurance Corporation has won the ‘ISSA Good Practice Award’ for Administrative Solution for Coverage Extension at the ”Regional Social Security Forum for Asia and the Pacific” held at Kuala Lumpur, Malaysia recently. Director General of ESIC Raj Kumar represented the Corporation and received the Certificate of Merit on behalf of ESIC.

09 October: World Post Day
World Post Day is celebrated each year on 9 October, the anniversary of the establishment of the Universal Postal Union in 1874 in the Swiss Capital, Bern. The theme selected for the 2018 competition is: ‘Imagine you are a letter travelling through time. What message do you wish to convey to your readers?’.

Former England batsman Nick Compton retires from cricket
Former England batsman Nick Compton announced his retirement from cricket. South Africa-born Compton played 16 Tests for England, scoring two hundred.

Montserrat Caballé, world-famous soprano passed away
Spanish Opera singer Montserrat Caballé died following a long term illness, in Barcelona, Spain. Montserrat Caballé was 85 years old. She was born in Barcelona. She started training with Barcelona’s Conservatori Liceu at the age of 9.


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