24 October 2020: Today’s News Headlines

Here are top News Headlines of 24th October 2020

India
  • Union Culture Minister Prahlad Singh Patel launches “Life in Miniature” project; miniature paintings at National Museum in New Delhi can be seen on Google Arts & Culture app
  • CBSE introduces facial recognition systems for accessing digital documents by students
  • Joginder War Memorial on 1962 Sino-India War inaugurated at Bum La in Arunachal Pradesh; Sub Joginder Singh was conferred ‘Param Vir Chakra’, the highest gallantry award’
  • Ministry of Earth Sciences dedicates Flash Flood Guidance services for South Asian countries
  • Maharashtra withdraws general consent to CBI; agency will now have to approach the State government on case-to-case basis seeking permission
Economy & corporate
  • Centre imposes stockholding limits on onion retailers (2 tonnes) and wholesalers (25 tonnes) till Dec 2020
  • Foreign exchange reserves touch life time high of USD 555.12 billion in the week ended October 16
  • GeM (Government eMarketplace) completes work for creation of unified procurement system: CEO Talleen Kumar
  • Flipkart to buy 7.8% stake in Aditya Birla Fashion and Retail for Rs 1,500 crore
  • Tech Mahindra to acquire Tenzing Group, Momenton for Rs 293 crore
World
  • 20th Amendment to Sri Lanka’s Constitution passed by parliament; envisages expansive powers and greater immunity for the Executive President
  • FATF (Financial Action Task Force) keeps Pakistan on “greylist” till next review in Feb 2021
  • India elected Chairman of Governing Body of ILO (International Labour Organisation) for October 2020-June 2021
  • EU environment ministers agree to make the bloc’s 2050 net zero emissions target legally binding
  • Britain signs Japan trade agreement with Japan; its first big post-Brexit deal

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