Current Affairs: November 16, 2018

Main current events of November 16, 2018 are as follows:

National Current Events

Sri Ramayana Express flagged off from Safdarjung railway station in Delhi

Sri Ramayana Express was flagged off from Safdarjung railway station. It will take 16 days to cover important destinations spread across India and Sri Lanka.
Jharkhand: CM Raghubar Das announces entire state as open defecation free (ODF)

Jharkhand CM Raghubar Das announced the state as open defecation free (ODF), the target set to be achieved on Oct 2,2019 completed in advance.
Jharkhand celebrates Statehood Day on Nov 15

Jharkhand celebrates its 17th Statehood day. It was Carved out of Southern Bihar in 2000 on the occasion of the birth anniversary of tribal leader Birsa Munda.
Two North East Circuits under Swadesh Darshan Scheme inaugurated in Arunachal Pradesh

“Development of North East Circuits: Bhalukpong- Bomdila – Tawang Project & Nafra- Seppa- Pappu, Pasa, Pakke Valleys- Sangdupota- New Sagalee- Ziro- Yomcha Project’ inaugurated in Arunachal Pradesh by Minister of Tourism under Swadesh Darshan Scheme.
India and China hold 9th Annual Defence and Security Dialogue in Beijing

Ninth Annual Defence and Security Dialogue attended by India and China to enhance military operations after Doklam standoff.
Indian Navy completes refit of Maldivian Coast Guard Ship (MCGS) Huravee in Visakhapatnam

MCGS Huravee was commissioned as INS Tillanchang in March 2001 and was gifted to Maldives by the Government of India in April 2006 to strengthen the strategic partnership between the two nations and work together to ensure the maritime safety of the Indian Ocean Region.
NITI Aayog constitutes Himalayan State Regional Council’ for development of the Himalayan region

NITI Aayog has constituted the ‘Himalayan State Regional Council’ chaired by the Dr VK Saraswat to ensure sustainable development of the Himalayan region.
Govt. to refund employers for 7 weeks of maternity leave for women employees: WCD Ministry

Government will refund employers for 7 weeks out of twenty six of maternity leave for women employees earning more than Rs.15000/month.
Economy & Corporate Current Events
Sunil Mehta committee on faster resolution of stressed assets in PSBs sets up Sashakt India Asset Management for resolving large bad loans

Asset management company (AMC) formed ‘Sashakt India Asset Management’ to tackle stress in the banking sector.
India–Taiwan SME Development Forum being held at Taipei

India-Taiwan SME Development Forum in Taipei held from 13-17 November and welcomed technology transfers and FDI by Taiwanese companies.
Science & Technology Ministry institutes Global Cooling Prize

Global Cooling Prize carries a total prize money of $3 million and would be given away over two years for innovative cooling technologies that could reduce the climate impact of Residential Air Conditioning (RAC) at least by five times.
World Current Events
Nepal: Fifth Senior Officials’ Meeting of Colombo Process held in Kathmandu

Fifth Senior Officials’ Meeting of Colombo Process has started in Kathmandu participated by 12 nations. They discussed topics related to the migrant workers and the international migration.
UNSC unanimously agrees to lift sanctions against Eritrea after nine years

The United Nations Security Council has lifted sanctions against Eritrea for arms embargo, asset freeze, and travel ban which were imposed in 2009 and claims that Eritrea supported al-Shabab militants in Somalia.
Oxford Dictionaries selects ‘toxic’ as its annual ‘Word of the Year’

Oxford Dictionaries has chosen “toxic” as its annual “Word of the Year” saying “the sheer scope of its application that has made it the standout choice”.
PM Modi participates in ASEAN-India Breakfast Summit in Singapore

Prime Minister Narendra Modi participated in the ASEAN-India Breakfast Summit for maritime cooperation and centrality of trade for the prosperity of the strategic Indo-Pacific region.
PM Modi awards winners of 1st India-Singapore Hackathon

Prime Minister Narendra Modi presented awards to winners of the first ‘India-Singapore Hackathon 2018’ aims to harness and showcase innovation potential of the youth from the two countries.
2nd Second Regional Comprehensive Economic Partnership (RCEP) Summit held in Singapore

The 33rd edition of the ASEAN Summit concluded along with 13th East Asia Summit (EAS), 2nd Regional Comprehensive Economic Summit, (RCEP) to uphold multilateralism and international cooperation and tackle common challenges including terrorism and climate change.
Sports Current Events
India’s Pankaj Advani wins IBSF billiards title in the 150-up format in Yangon

India’s ace cueist Pankaj Advani won his third straight IBSF billiards crown in the 150-up format, making overall tally of world titles to 20. He defeated Nay Thway Oo of Myanmar in the final.
Viswanathan Anand wins Chess India Blitz Tournament in Kolkata

Viswanathan Anand won the Chess India Blitz Tournament by beating leader Hikaru Nakamura in the play-off in Kolkata.

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