Current Affairs is a type of broadcast journalism where the emphasis is on detailed analysis and discussion of news stories that have recently occurred or ongoing at the time of broadcast. The article Current Affairs September 27th 2018 includes News summary on current events of International, National, Banking, Sports, Awards, Appointments, and Science importance of September 27th 2018.
World Tourism Day is observed every year globally on 27th September. It is a unique opportunity to raise awareness on the potential contribution of digital technologies to sustainable tourism development.
“Tourism and the Digital Transformation” is the theme of this year’s World Tourism Day (WTD). Hungary is the host country for this year's WTD.
India ranks 96th; HK, Singapore retain top spot: Economic Freedom IndexKey Highlights:
On September 27, 2018, according to a study named Economic Freedom in the World by Centre for Civil Society (CCS) along with Canada’s Fraser Institute, India stands at 96th rank out of 162 countries in economic freedom.
The index measures 5 areas of economic freedom. They are: Size of Government, Legal System and Property Rights, Sound Money, Freedom to Trade Internationally and Regulation.
India ranked 98th in the previous year.
India improved its score on parameters such as legal system and property rights, access to sound money, freedom to trade internationally and regulation of credit, labour and business.
The score however reduced in the size of government parameter.
Among the BRICS nations, Russia and South Africa are ahead of India at 87th and 94th place and China and Brazil are behind it at 108th and 144th positions.
Hong Kong and Singapore again topped the index ranking first and second respectively.
Remaining countries in the top 10 were: New Zealand, Switzerland, Ireland, the US, Georgia, Mauritius, the United Kingdom, Australia and Canada (tied for 10th) respectively.
The 10 lowest-rated countries are: Sudan, Guinea-Bissau, Angola, Central African Republic, Republic of Congo, Syria, Algeria, Argentina, Libya, and lastly Venezuela.
India, Oman agree to boost cooperation in maritime securityKey Highlights:
On 26th September 2018, Defence Minister of India, Nirmala Sitharaman and Minsiter of Defence Affairs, Sultanate of Oman, Sayyid Badr Saud Harib Al Busaidi agreed to improve cooperation in maritime security and defence industry engagement.
Sayyid Badr Saud Harib Al Busaidi is on an official visit to India. He held discussions on a wide range of topics with Nirmala Sitharaman.
They reviewed bilateral defence cooperation and discussed measures to improve bilateral exchanges and defence relationship between both the countries.
India and Oman have decided to cooperate in coastal defence and conduct regular joint exercises by navy, air and army officials.
Oman has opened access to Port of Duqm in Oman for military use and logistical support. It will provide maintenance to Indian Naval vessels.
Also, Oman is the first GCC (Gulf Cooperation Council) to formalize Defence ties with India from joint military exercise and cooperation in anti-piracy and security matters.
MOU to enhance bilateral cooperation in the field of defence and security: India and MoroccoKey Highlights:
On September 25, 2018, Moroccan defence minister Mr Abdeltif Loudyi on his two day first official visit to India, met Indian Defence minister Smt Nirmala Sitaraman in New Delhi.
MOU for Cooperation in the area of 'Cyber Security’ between the Indian Computer Emergency Response Team (CERT –IN), Ministry of Electronics and Information Technology and the Moroccan Computer Response Team (ma-CERT).
The Moroccan delegate also visited Bharat Electronics Limited (BEL) and Hindustan Aeronautics Limited (HAL) facilities at Bengaluru.
ADB approved $500 mn for Tamil Nadu water supply, sewerage, drainage infrastructure projectKey Highlights:
On September 25, 2018, Asian Development Bank (ADB) approved financing of up to $500 million for a multitranche financing facility (MFF) infrastructure project in at least 10 cities of Tamil Nadu.
To develop climate-resilient water supply, sewerage, and drainage infrastructure.
ADB’s financing will be provided in 3 tranches between September 2018 and March 2022.
The first tranche of the program amounting to $169 million will target the cities of Chennai, Coimbatore, Rajapalayam, Tiruchirappalli, Tirunelveli, and Vellore.
The Second one would be a $2 million grant from the Asian Clean Energy Fund, established by the Government of Japan, to fund the solar energy pilot project.
ADB technical assistance grant of $1 million to support capacity building. This is a part of a project worth $766.4 million by The Government of India, Government of Tamil Nadu, Chennai Metropolitan Water Supply and Sewerage Board.
The MFF availability period is up to 30 June 2026.
This assistance is a part of its support to the state’s Vision Tamil Nadu 2023 to provide universal access to water and sanitation and develop world-class cities in high-performing industrial corridors.
Indian Navy signs contract with Hindustan Shipyard Ltd for construction of 2 Diving Support Vessels (DSV)Key Highlights:
On 20th September 2018, Indian Navy signed a contract with M/s Hindustan Shipyard Limited, Vishakhapatnam, for construction of 2 Diving Support Vessels (DSV) to expand Indian Navy’s submarine support operations.
The first vessel will be built in 36 months. It will be followed by the second vessel, 6 months later.
The vessels will be based at Vishakhapatnam and Mumbai respectively. It will have 118 m length and 7,650 T displacement.
The DSV also has a Deep Submergence Rescue Vessel (DSRV) that will improve its Submarine Rescue Capabilities.
M/s James Fisher Defence, United Kingdom, delivered the first non-tethered DSRV with capability of submarine rescue upto depths of 650 m, in April 2018, in Mumbai.
The second DSRV for Vishakhapatnam is expected to be delivered in December 2018.
TRIFED & “TRIBES INDIA” presents “Punch Tantra collection” & Ms. Mary Kom as Brand Ambassador of Tribes IndiaKey Highlights:
On 27th September 2018, Jual Oram, Union Minister for Tribal Affairs launched “Punch Tantra Diwali collection” and announced World Boxing Champion Mary Kom as Brand Ambassador of “Tribes India” in Vigyan Bhawan, New Delhi.
The event was organised by Tribal Cooperative Marketing Development Federation of India (TRIFED) and Tribes India under Ministry of Tribal Affairs.
The Punch Tantra range of tribal arti-facts consists of handlooms and handicrafts inspired and promoted by Mary Kom.
The collection is like the powerful punch of Mary Kom, as the name suggests. It has been specially introduced for the festive season.
The Punch Tantra collection comprises Sarees, Stoles, Dupatas, Shawls, Kurtas/Kurtis, Lamp shades (Kandels), Sky Lanters, Diyas, Gift hampers, etc.
‘Astra’ air-to-air missile successfully test firedKey Highlights:
On September 27, 2018, the Indian Air Force (IAF) successfully test fired the indigenously developed Beyond Visual Range Air-to-Air Missile (BVRAAM) Astra from a Su-30 aircraft over the Bay of Bengal near Chandipur in Odisha.
It has been developed by IAF and the Defence Research and Development Organisation (DRDO) primarily.
Hindustan Aeronautics Limited modifying the aircraft for weapon integration along with 50 other private and public industries.
It was part of the series of final pre-induction trials and had already undergone more than twenty developmental trials.