Current Affairs: November 8, 2018

Here are the main headlines for current Events of November 8, 2018.

National Current Events

PM celebrates Diwali with jawans of the Indian Army and ITBP at Harsil in Uttarakhand

PM Narendra Modi wished Indian Army and ITBP jawans in Uttarakhand. He inspected redevelopment programmes and addressed their grievances.

The US exempts India from imposition of certain sanctions for the development of the strategically-located Chabahar Port in Iran

US puts off sanctions on India for developing chabahar port and railway line connecting Afghanistan.

Trump took this action after stressing at its South Asia policy.

ECONOMY & CORPORATE Current Events
RBI raises minimum average maturity requirement for ECBs (external commercial borrowings) in the infrastructure sector raised by eligible borrowers to 3 years from earlier 5 years

RBI has raised minimum average maturity requirement for ECBs in concerns of the availability of funds following a liquidity squeeze and the difficulties being faced by non-bank lenders.

WORLD Current Events

United Nations Postal System issues special postal stamps to mark Diwali celebration

‘Diya’ marked stamps are available at UN headquarters and online to mark Diwali celebrations.

US Midterm elections: Opposition Democrats win majority in House of Representatives; President Donald Trump’s Republican Party retains its majority in the Senate

The United States Midterm elections, opposition Democrats came in majority in the House of Representatives while President Donald Trump’s Republican Party had majority in the Senate.

UN World Food Programme and Chinese e-commerce giant Alibaba Group form strategic partnership to support efforts eliminate hunger globally by 2030

World Food Prpgramme and Alibaba Group together had drawn a map for global hunger and operations to end the scourge by 2030-one of the UN’s key Sustainable Development goals – and aims to boost the efficiency of interventions and shorten emergency response times.

SPORTS Current Events
8th Asian Shotgun Championship in Kuwait: Angad Vir Singh Bajwa wins gold in Men’s Skeet

Angad vir Singh bajwa became first Indian skeet shooter to win continental or wold level event.

He won 8th Asian shotgun championship at Kuwait.

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