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RRB English Current Affairs 18th July 2018

INDIAN AFFAIRS
  1. Union Skill Development and Entrepreneurship Minister Dharmendra Pradhan laid the foundation stone for National Skill Training Institute (NSTI) at Barang, in Bhubaneswar, to be established at a cost of Rs 160 crore.
  2. Country’s first Defence Incubatorwill come up in T-Hub , Hyderabad.
  3. National Minorities Development and Finance Corporation, NMDFC, organized a workshop on financial management in New Delhi.
INTERNATIONAL AFFAIRS
  1. External Affairs Minister Sushma Swaraj met co-chaired  2nd India-Bahrain High Joint Commission with her counterpart Shaikh Khalid bin Ahmed Al Khalifaat Gudaibiya Palace in Manama.
  2. Union Minister of Commerce & Industry and Civil Aviation, Suresh Prabhu, co-chaired the 8thsession of India-Oman Joint Commission Meeting (JCM) along with Minister of Industry, Investment, Trade and Digital Economy of Oman, Ali bin Masoud Al Sunaidy, in Mu scat, Oman.
BANKING & FINANCE
  1. Yes bank announced that it would unveil the 7thedition of ‘Transformation Series Challenge’.
  2. According to the World Economic Outlook (WEO)update, The International Monetary Fund (IMF) has cut India’s growth projection by 1 percentage point for 2018-19.
BUSINESS & ECONOMY
  1. Defence manufacturer Bharat Electronic Limited (BEL) signed an MOU with Swedish firm SAABto market air-surveillance radar.
  2. Tata Consultancy Services (TCS)announced that, it had signed a partnership with French energy company Total to develop a digital innovation centre in India.
APPOINTMENTS & RESIGNS
  1. Wrestling Federation of India president Brij Bhushan Saran Singhwould be named the Chef de Mission of the Asian Games-bound Indian contingent.
ACQUISITIONS & MERGERS
  1. PhonePe said that, it has acquired Zopper Retail, in a move to increase its offline business.
SCIENCE & TECHNOLOGY
  1. drug firm Lupin said that, it has received approval from the United Kingdom’s Medicines and Healthcare products Regulatory Agency (UK MHRA)for its Goa facility.
  2. Indian Institute of Technology-Madras (IIT-M)launched a remotely operable microscope worth  40 crore, claimed to be the world’s first remotely operable LEAP microscope, which will allow precise view of atoms of a material.
SPORTS
  1. Indiahas improved one spot and has reached the 5th position in the men’s hockey world rankings released by the International Hockey Federation (FIH).
  2. IAAF World U20 Championships was held in Tampere Stadium also known as Ratina Stadium, in Tampere, Finland.